Research and Markets has announced the addition of the "Composite Market Report 2013 - Includes Forecast to 2016" report to their offering.
The Global Composite market is witnessing huge demand for application-specific composites. Many vendors are offering composites that are suitable for specific applications and customer requirements. This approach helps vendors to differentiate their products and gain a competitive edge. For instance, some vendors offer composites that can be used only to manufacture sports goods such as tennis rackets and other sport equipment. Therefore, this enables sports goods manufacturers to improve product quality in a cost-effective manner. Increasing demand for application-specific composites is expected to enhance the potential of the market during the forecast period.'
According to the report, composites are widely used in various manufacturing industries for cost-effective processes and applications. Composites provide better process properties and attributes than steel, aluminum, and plastic, which are commonly used by manufacturing industries. Composites are corrosion resistant and facilitate the manufacture of complex product designs that consist of multiple parts. Also, many manufacturing industries prefer composite materials because they are lightweight and offer long durability and strength. For instance, the Automotive industry uses natural fiber composites and CFRP composites for complex interiors to reduce overall weight.
Further, the report reveals that one of the major challenges faced by the market is the increasing the price war among competitors.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
1. Executive Summary
3. Market Coverage
4. Market Landscape
5. Geographical Segmentation
6. Vendor Landscape
7. Buying Criteria
8. Market Growth Drivers
9. Drivers and Their Impact
10. Market Challenges
11. Impact of Drivers and Challenges
12. Market Trends
13. Key Vendor Analysis
14. Other Reports in this Series
For more information visit http://www.researchandmarkets.com/research/r5x2d3/global_composite