Composite Doors & Windows Market | 2023-2028

Market Insights

"The composite doors & windows market size was valued at USD 954.25 million in 2022 and is forecast to grow to USD 1522.67 million by 2028 at a CAGR of 7.99% during 2023-2028".

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Market Dynamics

Introduction

Composite doors and windows refer to building components that are made from a combination of different materials. These materials are chosen for their specific properties to create a product that offers enhanced performance, durability, and aesthetics. Typically, composite doors and windows are designed to overcome the limitations of individual materials and provide a well-rounded solution.

Market Drivers

The composite Doors & windows market is driven by a host of factors, some of which are noted below:

Durability and Longevity: Composite doors and windows, often made from fiberglass, are renowned for their durability and longevity, making them a popular choice for consumers seeking long-lasting, low-maintenance solutions in harsh weather conditions.

Insulating Properties and Energy Efficiency: Composite doors and windows are gaining popularity due to their insulation properties, enhanced energy efficiency in buildings, and consumers' preference for sustainable and energy-efficient construction products.

Diverse Design and Customization: Composite doors and windows offer a diverse range of design options, catering to homeowners' and architects' aesthetic preferences. Their ability to replicate traditional wood appearances while incorporating modern features is a significant market driver.

Security: Composite doors, featuring advanced security features like multi-point locking systems, are gaining popularity among homeowners seeking enhanced property safety, driving the market.

Government Regulations and Standards: The demand for composite doors and windows is driven by increasing awareness and adherence to energy efficiency and sustainability standards, with government regulations and incentives potentially driving market growth.

Technological Developments: Technological developments in composite material manufacturing lead to the development of innovative, high-performance doors and windows, attracting consumers seeking the latest technology and improved features.

Environmental consciousness: The growing environmental consciousness is driving a shift towards sustainable building materials, with composite doors and windows often made from recyclable materials, attracting environmentally conscious consumers.

Segment Analysis

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By Type

"FRP segment is estimated to register higher growth during the forecast period"

Based on the type, the market is segmented as fiberglass reinforced plastics (FRP) and wood plastic composites (WPC). The FRP segment is estimated to register higher growth during the forecast period owing to the increased use of fiberglass doors & windows in residential, commercial, and industrial applications. This is on account of the mounting demand for maintenance-free and high-temperature tolerant doors & windows in hospitals, labs, research centers, and cell banks.

By Resin Type

"Polyester is expected to register the highest growth in the segment during the forecast period"

Based on the resin type, the market is segmented as polyester, polyvinyl chloride (PVC), and others. Polyester is expected to register the highest growth in the segment during the forecast period, due to the increasing use of polyester resins in commercial and industrial applications. Polyester resins offer high chemical resistance, insulation, fatigue resistance, toughness, and transmissivity. These resins are also highly tolerant to electricity and corrosion and are used with glass fibers to produce products.  

Regional Analysis

"North America is estimated to be the largest market during the forecast period"

In terms of regions, North America is estimated to be the largest market for composite doors & composite windows and is further expected to maintain its dominance during the forecast period. The presence of some of the major manufacturers, such as Andersen Corporation (U.S.), Curries Assa Abloy Group (U.S.), Special-lite INC (U.S.), and Pella Corporation (U.S.) is expected to support the growth of the composite doors market in the North American region. The U.S. is a major market for composite doors & windows in the region. Europe and Asia-Pacific are also expected to offer substantial growth opportunities in the coming five years.  

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Key Players

The following are the key players in the composite doors & windows market (arranged alphabetically)

• Andersen Corporation
• Bellagreen Pvt. Ltd.
• Fiber Tech Composite Pvt. Ltd.
• Fiberline Composites
• Special-Lite, Inc.
• Pella Corporation
• Vello Nordic AS
• Wood Plastic Composite Technologies

Note: The above list does not necessarily include all the top players in the market.

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Report Features

This report provides intelligence most comprehensively. The composite doors & windows market report structure has been kept such that it offers maximum business value. It provides critical insights into the dynamics and will enable strategic decision-making for the existing players and those willing to enter the market.

What Deliverables will you get in this report?

Segmentation

This report studies the market covering 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.     

The composite doors & windows market is segmented into the following categories. 

By Type:

• Fiberglass Reinforced Plastics (FRP) 
• Wood Plastic Composites (WPC) 

By Resin Type:

• Polyester 
• Polyvinyl Chloride (PVC) 
• Others 

By Application Type:

• Industrial
• Commercial
• Residential 

By Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Research Methodology

This composite doors & windows market report offers high-quality insights and results from a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

Customization Option

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the types by application type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.