Advanced Materials and Technologies for Public Works Infrastructure Projects
The U.S. market for advanced infrastructure construction materials and subassemblies totaled $11.5 billion in 2017. The market should total $17.1 billion by 2022 at a compound annual growth rate (CAGR) of 8.2% during 2017-2022.
- 67 tables
- An overview of the U.S. market for advanced materials and technologies for public works infrastructure projects within the industry
- Analyses of the U.S. market trends, with data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2022
- Discussion of advanced materials and technologies used in various types of public works infrastructure
- A look into new materials and technologies that are likely to be introduced during the forecast period, along with their expected impacts on the market
- Analyses of the key patents issued for advanced infrastructure materials
- Company profiles of major market players in the market, including ArcelorMittal Steel USA Inc., Lafarge North America Inc., Infrastructure Composites International, Kansas Structural Composites, Inc., and Bridge Solutions, Inc.
The scope of this report includes all types of advanced materials and other technologies used in public works infrastructure products, such as:
- Advanced materials.
- Metals and alloys.
- Superior-performing asphalt pavements.
- High-performance concrete.
- Fiber-reinforced polymer composites.
- Smart materials (i.e., materials that respond dynamically to external stimuli like heat, humidity, ultraviolet light or pressure).
- Advanced structural subassemblies (e.g., prefabricated bridge elements and systems, seismic isolation bearings).
Andrew McWilliams spent more than 25 years as a consultant with Ernst & Young, McKinsey & Company and A.T. Kearny focused on manufacturing before segueing into research analysis. He has been covering myriad technology categories for BCC Research for more than 15 years. McWilliams has a BA from Princeton University and an MA from Harvard University. He has worked in more than 40 countries and he resides in the greater Boston area.
- The U.S. market for advanced materials and subassemblies for public works increased from $7 billion in 2006 to $7.5 billion in 2007. It should reach $12 billion by 2012, a compound annual growth rate (CAGR) of 10%.
- Highway construction and rehabilitation is by far the largest market for advanced materials and subassemblies and will account for 78% of the market in 2012.
- Bridges are the second largest segment of the market. Accounting for 3.7% of the market in 2006, they are expected to comprise 9.2% by 2012.