The global reinforced plastic composite market is estimated to total 13.6 billion pounds in 2013, 14.3 billion pounds in 2014 and is expected to increase to nearly 17.2 billion pounds by 2019. This market is expected to show a compound annual growth rate (CAGR) of 3.7% through the forecast period of 2014 to 2019.
This report provides:
-An overview of the global market for reinforced plastic composites including resins, fillers, reinforcements, natural fibers & nanocomposites.
-Analyses of global market trends, with data from 2013, estimates for 2014, and projections of compound annual growth rates (CAGRs) through 2019.
-Segmentation of the major components of this market into its resin, technology, and applications components.
-Coverage of relevant applications including automotive; construction/infrastructure including anti-corrosion and panel products; marine markets; aerospace; electronic parts/components; appliances; consumer products (sport and leisure, lawn/garden products, etc.); and a miscellaneous category.
REASONS FOR DOING THE STUDY
The emergence of new technologies and markets warrants a reappraisal of the reinforced plastics market, often called “composites.” Nanocomposites and long fiber–reinforced thermoplastics are commercially important examples that have begun to impact this market.
Expanding the use of carbon fiber–reinforced resins has become very important in the automotive industry, replacing many heavier metallic components.Read » The Global Market for Composites: Resins, Fillers, Reinforcements, Natural Fibers & Nanocomposites