Composites Market Scenario Thoroughly Explored by Lucintel in Discounted Research Report Published at MarketPublishers.com
24 Mar 2015 • by Natalie Aster
LONDON – Globally, composites have already won confidence across different industries owing to their excellent performance benefits. The global market for composites is predicted to exceed USD 35.09 billion in the year 2019, showing substantial growth at a 6.6% CAGR between 2015 and 2019. The market growth is likely to be spurred primarily by the novel developments across different sectors and also by improving conditions in the major countries.
In terms of geography, Asia dominates the global composites market. The region is expected to maintain the leading position in the years ahead; by 2019 the region’s share is anticipated to reach about 49.5%. Meantime, the North American region is expected to take the 2nd position with a share of over 28% in 2019.
Glass fiber is one of the most extensively used composite materials in the world, having a wide spectrum of applications, including wind, construction, pipe, consumer goods, tank, to name a few. Currently, glass fiber manufacturers are trying to satisfy the growing mechanical and chemical requirements of various applications; therefore, they need to focus on the development of high-performance glass fibers. The key producers of glass fibers comprise PPG, Owens Corning, Jushi Group, among others.
Discounted in-demand research study “Emerging Innovations in Composites Industry” elaborated by Lucintel provides a comprehensive analysis of the global composites market scenario. The report suggests an all-encompassing assessment of the market, contains an insightful overview of the recent industry innovations and novel composites manufacturing technologies, applications and materials. The work delves deep into the market competitive landscape and provides a detailed examination of the market growth drivers, challenges and restraints. Furthermore, the report unveils information on unmet needs existing in the composites market and also evaluates the market future growth prospects.
Emerging Innovations in Composites Industry
Date: February, 2015
Price: US$ 3,900.00 US$ 3,510.00
Offer valid until March 31, 2015!
Other insightful research studies by the publisher can be found at Lucintel page.