Research and Markets has announced the addition of the "Growth Opportunities in Global Composite Industry 2012-2017" report to their offering.
This latest research indicates that over the long term, the composites industry is a sustainable industry with 30,000 composites applications worldwide and holds strong growth potential. High performance at a lower weight is the major driving force for the selection of composite materials for various applications. Lucintel expects higher market fragmentation to occur due to emerging economies. The future of the market is expected to be highly competitive, and companies with innovative capabilities and products can thrive and gain market share.
The research indicates that the Asian region, which has already emerged as the largest growth area for the composites industry, is expected to further consolidate its leadership. North America is expected to be second followed by Europe. The aerospace, wind energy and marine markets are expected to grow steadily over the forecast period.
The report, which provides trend scenarios and forecast statistics for 2012-2017, details industry drivers and challenges; provides competitive analysis between steel, aluminum, plastics, and the composites industry; examines global reinforcement and resin markets; highlights global composites market by material types and segments; offers regional and value chain analysis; identifies industry leaders; and also describes manufacturing processes.
This report is a must-have report by every company working in the composites industry. In today's global economy, you need every advantage that you can find to keep you ahead in your business. Learn about current and future trends, identify key players, and explore the directions that the industry and different segments are heading.
For more information visit http://www.researchandmarkets.com/research/btvg36/growth
Source: http://www.researchandmarkets.com