© 2016 Global Market Insights, Inc. USA. All Rights Reserved Carbon Textile Reinforced Concrete Market Size will witness a rapid growth to 2025

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Carbon Textile Reinforced Concrete Market size is likely to expand exponentially in the coming years due to rising developments in the global construction industry as the product is used to replace metal and concrete parts in buildings. Carbon textile reinforced concrete is a high-performance composite material which is known for its strength, flexibility, and corrosion resistance. This textile reinforcement provides high ductility and other superior properties to the composite material. The global construction industry spending reached around USD 11 trillion in 2018 from USD 9.5 trillion in 2014 and is likely to cross USD 14 trillion by 2025  Carbon textile reinforced concrete is a lightweight composite with little thermal expansion and versatile nature. They are capable of being designed in diverse shapes and configurations. Hence, they can replace steel reinforcing bars in the construction industry. Rising demand for green initiatives in the construction industry will in turn increase the demand for the product. Key Insights Carbon Textile Reinforced Concrete Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Continued…  This is due to the product being more cost-effective option along with its lightweight characteristics. This helps in minimizing energy consumption, lowers carbon emission and helps in resource protection. Companies are increasingly investing in green construction projects due market drivers like client demand, environmental conservation and improving the health and well-being of the population. The number of LEED-certified construction projects in the United States increased from around 290 certifications in 2006 to more than 65,000 in Such rising trend in the green building industry would in turn augment the growth in the carbon textile reinforced concrete market.  The carbon textile reinforced concrete market is categorized based on application and region. Based on application, the market is segmented into buildings, bridge, road, and others. Building application is likely to attain a significant market share in the coming years due to the product usage in making sandwich panels, parking structures, facade, thermal walls, 2D & 3D reinforcements, etc.

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Major Companies Carbon Textile Reinforced Concrete Market: Solidian GmbH CarboCon GmbH Weserland GmbH Tradecc Raina Industries Pvt Ltd

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Asia Pacific is likely to expand at a significant CAGR in the global isobornyl acrylate market mainly due to rising product demand in pharmaceutical and coatings applications. The shifting of major coatings manufacturers in countries such as China and India shall further augment the market size during the forecast years  Moreover, the presence of major manufacturers of isobornyl acrylate in the region shall further accelerate product demand over the forecast timespan. North America and Europe are other prominent markets owing to the presence of major coatings and adhesive manufacturing companies. Regional Insights Carbon Textile Reinforced Concrete Market:

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