PUNE, India, November 10, 2016 /PRNewswire/ -- The report "Construction Composites Marketby Fiber Type (Carbon, and Natural Fiber), Resin Type (Polyester, Vinyl Ester, Polyethylene and Polypropylene), Application (Industrial, Commercial, Housing and Civil) - Global Forecast to 2021", published by MarketsandMarkets, the market is projected to reach USD 6.65 Billion by 2021, growing at a CAGR of 5.80%, from 2016 to 2021. (Logo: http://photos.prnewswire.com/prnh/20160303/792302 ) Browse 79 market data Tables and 63 Figures spread through 155 Pages and in-depth TOC on"Construction Composites Market"http://www.marketsandmarkets.com/Market-Reports/construction-composite-market-39360769.htmlEarly buyers will receive 10% customization on this report. The construction composites market is driven by the increasing penetration of composites in the construction industry and the long life and low maintenance cost of composites. Also, rapid urbanization and the economic boom in emerging countries and the development of innovative products is driving the construction composites market globally. Glass fiber comprises a major share in the construction composites market in terms of value Glass fiber is the leading type of fiber used for various construction composite applications, such as industrial, commercial, housing, and civil. This is due to the lower cost and superior properties such as strength, flexibility, durability, stability, light weight, as well as resistance to heat, temperature, and moisture. The manufacture of glass fiber based construction composites is less complex and lower in cost, which is contributing to the leading position of glass fiber construction composites. Industrial is the largest application market of construction composites in terms of volume Construction composites generally use glass fiber reinforced polymers and offer complete solutions against highly corrosive fluids and harsh environmental conditions at various temperatures, pressures, adverse weather, and soil conditions. Construction composites are used, as they provide design flexibility, resistance to thermal expansion and other such features, making them useful to design complex components for industrial applications. As components made of traditional materials such as metallic alloys corrode quickly, the use of construction composites in industrial applications is gradually becoming the choice of professionals.