Growth Opportunities for Composites in Australia: 2009-2014: Trends and Forecast Analysis, November 2009
Australia continues to be one of the world’s most stable economies. As a developed economy closely linked to the Asia-Pacific region, Australia has consistently outpaced large comparable economies in Europe and North America. In terms of commodities exports and business services, the Australian economy continues to benefit from demand in regional markets.
There are more than 100 companies involved in production and distribution of raw materials and auxiliary products, services and transformation of composites, for several and important segments of the Australian Economy. Australia is a member of the OECD (Organization of Economic Co-operation and Development) and has traditionally has been credited with a strong manufacturing base. Moreover the economic growth of Australia has been indicative of the rapid strides the economy has been able to achieve in terms of economic and per capita income growth.
According to Lucintel’s new report “Growth Opportunities for Composites in Australia: 2009–2014: Trends and Forecast Analysis”- In the next 5 yrs that is by 2014, the materials market in Australia is expected to reach $180.3 million in value and the composites raw material consumption is expected to grow with a CAGR of 2.2% while the composites End Product market is expected to reach $ 515 million with a CAGR of 3.6%.The Australian composite industry is in the growth trajectory and found to be more mature than Asian Economies such as China and India but less mature than developed markets such as Western Europe and the United States. The Australian composites market is characterized by presence of global players – Reichhold, Ashland, Owens Corning, Nuplex Industries, PPG, Cytec, Hexcel, and Gurit in the materials side. In the applications side Australia has a very strong manufacturing base with the presence of world’s largest car manufacturers, aircraft manufacturing company and Tier 1 suppliers such as Hawker di Havilland, GKN, Australian Aerospace ltd, and some very big fabricators like Bolwell, RPC Technologies etc.
A lot of changes are happening in the Australian composites market. The rapid growth in the Australian composites market is spurred by growth in grating, pultrusion, construction, automotive, electrical, and the electronics market. In the last five years the average growth in the overall Australian composites market was in double digits. This report discusses the most recent developments in the Australian composites market.
There are more than 100 companies involved in production and distribution of raw materials and auxiliary products, services and transformation of composites, for several and important segments of the Australian Economy. Australia is a member of the OECD (Organization of Economic Co-operation and Development) and has traditionally has been credited with a strong manufacturing base. Moreover the economic growth of Australia has been indicative of the rapid strides the economy has been able to achieve in terms of economic and per capita income growth.
According to Lucintel’s new report “Growth Opportunities for Composites in Australia: 2009–2014: Trends and Forecast Analysis”- In the next 5 yrs that is by 2014, the materials market in Australia is expected to reach $180.3 million in value and the composites raw material consumption is expected to grow with a CAGR of 2.2% while the composites End Product market is expected to reach $ 515 million with a CAGR of 3.6%.The Australian composite industry is in the growth trajectory and found to be more mature than Asian Economies such as China and India but less mature than developed markets such as Western Europe and the United States. The Australian composites market is characterized by presence of global players – Reichhold, Ashland, Owens Corning, Nuplex Industries, PPG, Cytec, Hexcel, and Gurit in the materials side. In the applications side Australia has a very strong manufacturing base with the presence of world’s largest car manufacturers, aircraft manufacturing company and Tier 1 suppliers such as Hawker di Havilland, GKN, Australian Aerospace ltd, and some very big fabricators like Bolwell, RPC Technologies etc.
A lot of changes are happening in the Australian composites market. The rapid growth in the Australian composites market is spurred by growth in grating, pultrusion, construction, automotive, electrical, and the electronics market. In the last five years the average growth in the overall Australian composites market was in double digits. This report discusses the most recent developments in the Australian composites market.
- This unique report will provide you with all the valuable information and tools you may need to operate your business successfully in Australia or to learn of potential opportunities in Australia. This report will save you hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in the Australian composites market. In today’s stringent economy, you need every advantage that you can find. Australia Composites Industry analysis (based on Porter’s five forces model).
- Strategic implications for material suppliers and part fabricators.
- Composites market size in Australia in terms of USD $ million and Million lbs shipment.
- Market by raw materials such as fiberglass, carbon fiber and resins.
- Market leaders and their market shares in fiberglass, carbon fiber and resin category.
- Market size for various applications such as aerospace / defense, pipes, tanks, automotive, rail components, electrical, marine, and others.
- Trend and forecast for various applications such as aerospace and defense, pipes, tanks, automotive, rail components, electrical, marine, and others.
- Leading molders and their market shares in various applications.
- Trends (2003-2008) and forecasts (2009-2014) for the composites market in Australia.
- Listing of over 50 molders with contact addresses.
1. EXECUTIVE SUMMARY
2. AUSTRALIAN COMPOSITES MARKET ANALYSIS
2.1 Overview of Composites Market in Australia
2.2 Market Presence
2.3 Market Scenario
2.4 Market Segmentation
2.5 Construction Market
2.5.1 Composites Applications in Construction Industry
2.5.2 Major Composites Molders in Construction Industry in Australia
2.6 Transportation Market
2.6.1 Composites Applications in Automobile Industry in Australia
2.6.2 Market Dynamics in Automotive Composites Market in Australia
2.6.3 Automotive industry in Australia
2.6.4 Major Composites Fabricators in Australian Automotive Market
2.6.5 Global Economic Downturn and Effect on Australian Automobile Industry
2.7 Pipe & Tank Market
2.7.1. Advantage of Composites over Iron Pipes
2.7.2. Growth Drivers in the Pipe market
2.7.3 Major FRP Pipes Fabricators in Australia
2.7.4 Recent Developments in Australian Pipe Market
2.7.5 Market Dynamics
2.8 Marine Market
2.8.1 Fiberglass Boat Industry in Australia
2.8.2 Advantages of Boat Building in Australia
2.8.3 Major Fiberglass Boat Builders in Australia
2.8.4 Market Drivers in Australian Boat Industry
2.8.5 Market Dynamics in the Australian Boat Industry
2.9 Aerospace Market
2.9.1 Major Aircraft/Aircraft Components Manufacturing Companies in Australia
2.10 Electrical and Electronics Market
2.10.1 Electrical
2.10.2 Electronics
3. MARKET TRENDS AND FORECASTS
3.1. Australian Composites Market Trends: 2003-2008
3.2 Growth Drivers and Industry Challenges
3.2.1. Major Growth Drivers in Individual Industries and its Likely Impact on the Composite Industry.
3.2.2. Major Challenges Facing the Australian Composites Industry
3.3. Australian Composites Market Forecasts: 2008-2014
3.4. Growth Opportunities in the Australian Composite Markets
4. COMPOSITES RAW MATERIAL MARKET ANALYSIS
4.1. Market size of fiberglass in Australia
4.2. Demand and Supply of fiberglass
4.3. Market leaders and their market shares
4.4. Present Challenges in Australian fiberglass industry
4.5. Trend & Forecast for Fiberglass Market
5. CARBON FIBER MARKET ANALYSIS
5.1 Carbon Fiber: Types
5.1.1 Continuous Fiber
5.1.2 Chopped Fiber
5.1.3 Milled Fiber
5.1.4 Metal Coated Fiber
5.2. Market size of Carbon Fiber in Australia
5.3. Demand and Supply of Carbon Fiber
5.4. Market leaders and their market shares
5.5. Present issues and challenges in Australian Carbon fiber Industry
5.6. Trend and Forecast for Carbon Fiber market
6. RESIN MARKET ANALYSIS
6.1. Types of resin materials used in Australian composites market
6.1.1. Polyester
6.1.2. Vinyl ester
6.1.3. Epoxy
6.1.4. Acrylic & others
6.2. Market leaders and their market shares
6.3. Market dynamics
6.4. Resin market trend and forecast
6.5. List of resin suppliers in Australia
7. AUSTRALIAN ECONOMY
7.1. Glimpses of Australian Economy
7.2. Key Insight of Australian Economy
7.3. Tariff rates applied on imports of resins, fiberglass and other related products.
7.4. Global economic downturn and its likely effects on composites industry in Australia
(A total of 75 figures/charts are presented in this report as shown below.)
2. AUSTRALIAN COMPOSITES MARKET ANALYSIS
2.1 Overview of Composites Market in Australia
2.2 Market Presence
2.3 Market Scenario
2.4 Market Segmentation
2.5 Construction Market
2.5.1 Composites Applications in Construction Industry
2.5.2 Major Composites Molders in Construction Industry in Australia
2.6 Transportation Market
2.6.1 Composites Applications in Automobile Industry in Australia
2.6.2 Market Dynamics in Automotive Composites Market in Australia
2.6.3 Automotive industry in Australia
2.6.4 Major Composites Fabricators in Australian Automotive Market
2.6.5 Global Economic Downturn and Effect on Australian Automobile Industry
2.7 Pipe & Tank Market
2.7.1. Advantage of Composites over Iron Pipes
2.7.2. Growth Drivers in the Pipe market
2.7.3 Major FRP Pipes Fabricators in Australia
2.7.4 Recent Developments in Australian Pipe Market
2.7.5 Market Dynamics
2.8 Marine Market
2.8.1 Fiberglass Boat Industry in Australia
2.8.2 Advantages of Boat Building in Australia
2.8.3 Major Fiberglass Boat Builders in Australia
2.8.4 Market Drivers in Australian Boat Industry
2.8.5 Market Dynamics in the Australian Boat Industry
2.9 Aerospace Market
2.9.1 Major Aircraft/Aircraft Components Manufacturing Companies in Australia
2.10 Electrical and Electronics Market
2.10.1 Electrical
2.10.2 Electronics
3. MARKET TRENDS AND FORECASTS
3.1. Australian Composites Market Trends: 2003-2008
3.2 Growth Drivers and Industry Challenges
3.2.1. Major Growth Drivers in Individual Industries and its Likely Impact on the Composite Industry.
3.2.2. Major Challenges Facing the Australian Composites Industry
3.3. Australian Composites Market Forecasts: 2008-2014
3.4. Growth Opportunities in the Australian Composite Markets
4. COMPOSITES RAW MATERIAL MARKET ANALYSIS
4.1. Market size of fiberglass in Australia
4.2. Demand and Supply of fiberglass
4.3. Market leaders and their market shares
4.4. Present Challenges in Australian fiberglass industry
4.5. Trend & Forecast for Fiberglass Market
5. CARBON FIBER MARKET ANALYSIS
5.1 Carbon Fiber: Types
5.1.1 Continuous Fiber
5.1.2 Chopped Fiber
5.1.3 Milled Fiber
5.1.4 Metal Coated Fiber
5.2. Market size of Carbon Fiber in Australia
5.3. Demand and Supply of Carbon Fiber
5.4. Market leaders and their market shares
5.5. Present issues and challenges in Australian Carbon fiber Industry
5.6. Trend and Forecast for Carbon Fiber market
6. RESIN MARKET ANALYSIS
6.1. Types of resin materials used in Australian composites market
6.1.1. Polyester
6.1.2. Vinyl ester
6.1.3. Epoxy
6.1.4. Acrylic & others
6.2. Market leaders and their market shares
6.3. Market dynamics
6.4. Resin market trend and forecast
6.5. List of resin suppliers in Australia
7. AUSTRALIAN ECONOMY
7.1. Glimpses of Australian Economy
7.2. Key Insight of Australian Economy
7.3. Tariff rates applied on imports of resins, fiberglass and other related products.
7.4. Global economic downturn and its likely effects on composites industry in Australia
(A total of 75 figures/charts are presented in this report as shown below.)
LIST OF FIGURES
CHAPTER 1 EXECUTIVE SUMMARY
Fig. 1.1: Porter’s Five Forces model for the composite market in Australia
CHAPTER 2 AUSTRALIAN COMPOSITES MARKET ANALYSIS
Fig. 2.1: Composites consumption in Australia
Fig. 2.2: Australia current position in composites consumption in the world
Fig. 2.3: Amount of composites shipment in various market segments in Australia in million lbs.
Fig. 2.4: Australia composites shipment ($ mil) by market segments in 2008
Fig. 2.5: Leading composite manufacturers in Australia in different market segments
Fig. 2.6: Classification of construction market.
Fig. 2.7: Airducts for cooling thermo-electric plants
Fig. 2.8: Fiberglass swimming pool
Fig. 2.9: Gratings made of composite materials
Fig. 2.10: PRFV poles for electric grids
Fig. 2.11: Trend in vehicle production in Australia
Fig. 2.12: FRP meter box
Fig. 2.13: Fiber glass M400 Sport Cruiser (Source: Riviera Marine)
Fig. 2.14: ARH Tiger (Source: Australian Aerospace)
CHAPTER 3 MARKET TRENDS AND FORECASTS
Fig. 3.1: Market trend (2003-2008) in Australian composites market
Fig. 3.2: Market trend (2003-2008) in Australian composites end products market
Fig. 3.3: Australian composites raw material market breakdown by volume (M lbs)) in 2003
Fig. 3.4: Australian composites raw material market breakdown by value (US $ M)) in 2003
Fig. 3.5: Australian composites end product market breakdown by value (US $ M) in 2003
Fig. 3.6: Australian composites raw material CAGR by composites application by volume
Fig. 3.7: Australian composites raw material CAGR by composites application by value
Fig. 3.8: Composites raw material trend (2003-2008) in Australian construction Industry
Fig. 3.9: Market trend (2003-2008) in Australian construction end product market
Fig. 3.10: Composites raw material trend (2003-2008) in Australian Transportation Industry
Fig. 3.11: Market trend (2003-2008) in Australian Transportation end product market
Fig. 3.12: Composites raw material trend (2003-2008) in Australian pipe and tank Industry
Fig. 3.13: Market trend (2003-2008) in Australian pipe and tank end product market
Fig. 3.14: Composites raw material trend (2003-2008) in Australian marine Industry
Fig. 3.15: Market trend (2003-2008) in Australian marine end product market
Fig. 3.16: Composites raw material trend (2003-2008) in Australian aerospace Industry
Fig. 3.17: Market trend (2003-2008) in Australian aerospace end product market
Fig. 3.18: Composites raw material trend (2003-2008) in Australian electrical and electronics Industry
Fig. 3.19: Market trend (2003-2008) in Australian electrical and electronics end product market
Fig. 3.20: Growth drivers and their impacts in different market sectors of composites industry in Australia
Fig. 3.21: Challenges in the Australian composites industry
Fig. 3.22: Forecast for Australian composites raw material market 2009-2014
Fig. 3.23: Forecast for Australian composites end products market 2009-2014
Fig. 3.24: Australian composites raw material market breakdown by volume (M lbs) in 2014
Fig. 3.25: Australian composites raw material market breakdown by value (US $ M) in 2014
Fig. 3.26: Australian composites end product market breakdown by value (US $M) in 2014
Fig. 3.27: Australian composites raw material CAGR by composites application by volume
Fig. 3.28: Australian composites raw material CAGR by composites application by value
Fig. 3.29: Forecast for Australian composites construction raw material market 2009-2014
Fig. 3.30: Forecast for Australian composites construction end products market 2009-2014
Fig. 3.31: Forecast for Australian composites transportation raw material market 2009-2014
Fig. 3.32: Forecast for Australian composites transportation end products market 2009-2014
Fig. 3.33: Forecast for Australian composites pipe and tank raw material market 2009-2014
Fig. 3.34: Forecast for Australian composites pipe and tank end products market 2009-2014
Fig. 3.35: Forecast for Australian composites marine raw material market 2009-2014
Fig. 3.36: Forecast for Australian composites marine end products market 2009-2014
Fig. 3.37: Forecast for Australian composites aerospace raw material market 2009-2014
Fig. 3.38: Forecast for Australian composites aerospace end products market 2009-2014
Fig. 3.39: Forecast for Australian composites electrical and electronics raw material market 2009-2014
Fig. 3.40: Forecast for Australian composites electrical and electronics end products market 2009-2014
Fig. 3.41: Growth Matrix in various applications for 2003-08
Fig. 3.42: Growth Matrix in various applications for 2009-14
CHAPTER 4 COMPOSITES RAW MATERIAL MARKET ANALYSIS
Fig. 4.1: Australian Raw material Market by volume (M lbs) in 2008
Fig. 4.2: Australian Raw material Market by value (US $ M) in 2008
Fig. 4.3: Australian Glass fiber market Trend (2003-2008)
Fig. 4.4: Australian Glass fiber market forecast (2009-2014)
CHAPTER 5 CARBON FIBER MARKET ANALYSIS
Fig. 5.1: Figure shows in different types of carbon fiber forms
Fig. 5.2: A photograph of typical continuous carbon fiber
Fig. 5.3: A photograph of typical chopped carbon fiber
Fig. 5.4: A photograph of typical metal (nickel) coated carbon fiber
Fig. 5.5: Australian Carbon fiber Market by volume in 2008
Fig. 5.6: Australian Carbon fiber Market by value in 2008
Fig. 5.7: Australian Carbon fiber market Trend (2003-2008)
Fig. 5.8: Australian Carbon fiber market Forecast (2009-2014)
CHAPTER 6 RESIN MARKET ANALYSIS
Fig. 6.1: Schematic representation of uncured polyester resin
Fig. 6.2: Schematic representation of cured polyester resin
Fig. 6.3: Schematic representation of uncured vinyl ester resin
Fig. 6.4: Schematic representation of cured vinyl ester resin
Fig. 6.5: Australian composites resin market Trend (2003-2008)
Fig. 6.6: Australian composites resin market Forecast (2009-2014)
CHAPTER 1 EXECUTIVE SUMMARY
Fig. 1.1: Porter’s Five Forces model for the composite market in Australia
CHAPTER 2 AUSTRALIAN COMPOSITES MARKET ANALYSIS
Fig. 2.1: Composites consumption in Australia
Fig. 2.2: Australia current position in composites consumption in the world
Fig. 2.3: Amount of composites shipment in various market segments in Australia in million lbs.
Fig. 2.4: Australia composites shipment ($ mil) by market segments in 2008
Fig. 2.5: Leading composite manufacturers in Australia in different market segments
Fig. 2.6: Classification of construction market.
Fig. 2.7: Airducts for cooling thermo-electric plants
Fig. 2.8: Fiberglass swimming pool
Fig. 2.9: Gratings made of composite materials
Fig. 2.10: PRFV poles for electric grids
Fig. 2.11: Trend in vehicle production in Australia
Fig. 2.12: FRP meter box
Fig. 2.13: Fiber glass M400 Sport Cruiser (Source: Riviera Marine)
Fig. 2.14: ARH Tiger (Source: Australian Aerospace)
CHAPTER 3 MARKET TRENDS AND FORECASTS
Fig. 3.1: Market trend (2003-2008) in Australian composites market
Fig. 3.2: Market trend (2003-2008) in Australian composites end products market
Fig. 3.3: Australian composites raw material market breakdown by volume (M lbs)) in 2003
Fig. 3.4: Australian composites raw material market breakdown by value (US $ M)) in 2003
Fig. 3.5: Australian composites end product market breakdown by value (US $ M) in 2003
Fig. 3.6: Australian composites raw material CAGR by composites application by volume
Fig. 3.7: Australian composites raw material CAGR by composites application by value
Fig. 3.8: Composites raw material trend (2003-2008) in Australian construction Industry
Fig. 3.9: Market trend (2003-2008) in Australian construction end product market
Fig. 3.10: Composites raw material trend (2003-2008) in Australian Transportation Industry
Fig. 3.11: Market trend (2003-2008) in Australian Transportation end product market
Fig. 3.12: Composites raw material trend (2003-2008) in Australian pipe and tank Industry
Fig. 3.13: Market trend (2003-2008) in Australian pipe and tank end product market
Fig. 3.14: Composites raw material trend (2003-2008) in Australian marine Industry
Fig. 3.15: Market trend (2003-2008) in Australian marine end product market
Fig. 3.16: Composites raw material trend (2003-2008) in Australian aerospace Industry
Fig. 3.17: Market trend (2003-2008) in Australian aerospace end product market
Fig. 3.18: Composites raw material trend (2003-2008) in Australian electrical and electronics Industry
Fig. 3.19: Market trend (2003-2008) in Australian electrical and electronics end product market
Fig. 3.20: Growth drivers and their impacts in different market sectors of composites industry in Australia
Fig. 3.21: Challenges in the Australian composites industry
Fig. 3.22: Forecast for Australian composites raw material market 2009-2014
Fig. 3.23: Forecast for Australian composites end products market 2009-2014
Fig. 3.24: Australian composites raw material market breakdown by volume (M lbs) in 2014
Fig. 3.25: Australian composites raw material market breakdown by value (US $ M) in 2014
Fig. 3.26: Australian composites end product market breakdown by value (US $M) in 2014
Fig. 3.27: Australian composites raw material CAGR by composites application by volume
Fig. 3.28: Australian composites raw material CAGR by composites application by value
Fig. 3.29: Forecast for Australian composites construction raw material market 2009-2014
Fig. 3.30: Forecast for Australian composites construction end products market 2009-2014
Fig. 3.31: Forecast for Australian composites transportation raw material market 2009-2014
Fig. 3.32: Forecast for Australian composites transportation end products market 2009-2014
Fig. 3.33: Forecast for Australian composites pipe and tank raw material market 2009-2014
Fig. 3.34: Forecast for Australian composites pipe and tank end products market 2009-2014
Fig. 3.35: Forecast for Australian composites marine raw material market 2009-2014
Fig. 3.36: Forecast for Australian composites marine end products market 2009-2014
Fig. 3.37: Forecast for Australian composites aerospace raw material market 2009-2014
Fig. 3.38: Forecast for Australian composites aerospace end products market 2009-2014
Fig. 3.39: Forecast for Australian composites electrical and electronics raw material market 2009-2014
Fig. 3.40: Forecast for Australian composites electrical and electronics end products market 2009-2014
Fig. 3.41: Growth Matrix in various applications for 2003-08
Fig. 3.42: Growth Matrix in various applications for 2009-14
CHAPTER 4 COMPOSITES RAW MATERIAL MARKET ANALYSIS
Fig. 4.1: Australian Raw material Market by volume (M lbs) in 2008
Fig. 4.2: Australian Raw material Market by value (US $ M) in 2008
Fig. 4.3: Australian Glass fiber market Trend (2003-2008)
Fig. 4.4: Australian Glass fiber market forecast (2009-2014)
CHAPTER 5 CARBON FIBER MARKET ANALYSIS
Fig. 5.1: Figure shows in different types of carbon fiber forms
Fig. 5.2: A photograph of typical continuous carbon fiber
Fig. 5.3: A photograph of typical chopped carbon fiber
Fig. 5.4: A photograph of typical metal (nickel) coated carbon fiber
Fig. 5.5: Australian Carbon fiber Market by volume in 2008
Fig. 5.6: Australian Carbon fiber Market by value in 2008
Fig. 5.7: Australian Carbon fiber market Trend (2003-2008)
Fig. 5.8: Australian Carbon fiber market Forecast (2009-2014)
CHAPTER 6 RESIN MARKET ANALYSIS
Fig. 6.1: Schematic representation of uncured polyester resin
Fig. 6.2: Schematic representation of cured polyester resin
Fig. 6.3: Schematic representation of uncured vinyl ester resin
Fig. 6.4: Schematic representation of cured vinyl ester resin
Fig. 6.5: Australian composites resin market Trend (2003-2008)
Fig. 6.6: Australian composites resin market Forecast (2009-2014)
LIST OF TABLES
CHAPTER 1 EXECUTIVE SUMMARY
Table 1.1: Australia composites market parameters and attributes.
Table 1.2: Australia composites raw material market parameters and attributes
CHAPTER 1 EXECUTIVE SUMMARY
Table 1.1: Australia composites market parameters and attributes.
Table 1.2: Australia composites raw material market parameters and attributes
