Global Thermoplastic Composites Industry is Estimated to Reach $8.2 Billion by 2014
By Prne, Gaea News NetworkMonday, July 13, 2009
HYDERABAD, India - Recent advances in materials, technologies, and customer awareness continue to create new opportunities in a variety of applications and end markets for thermoplastic composite materials (TPCs). The use of TPCs has increased rapidly over the last decade and there is every indication that this trend will continue. The attraction of thermoplastic composite materials primarily stems from its ability to replace standard light-weight/high-strength metals with even lighter-weight/higher-strength alternatives. TPCs have also become more popular, especially in terms of having a higher recycling profile. The growth of the thermoplastic composite materials industry is largely driven by the desire of OEMs to reduce part weight and system costs.
The future of the global thermoplastic composites industry looks very prosperous through 2014 and beyond. Innovative materials such as LFRT, D-LFT, LWRT and CFRTPC are expected to realize impressive growth rates during the next five years. According to Composite Insights’ new market report, the demand for TPC materials in global markets is expected to grow from 2009 to $8.2 billion in 2014.
This unique 265-page report provides detailed analysis of the Global Thermoplastic Composites Industry and actionable insights that one needs while operating successfully in the competitive market. In today’s global economy, one must carefully utilize every advantage to stay ahead in business.
- Learn what factors impact the global thermoplastic composites industry - Discover which market segments will grow the fastest - Find out which material segments will capture more market share - Learn where opportunities exist and how sustainable those opportunities are - Learn about current market dynamics, trends, and forecasts - Explore the directions that the Global Thermoplastic Composites Industry is taking
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To download the brochure, please visit www.compositeinsights.com. For pricing information on this timely and insightful report, contact Hari Bandari at +91-991-279-1122 or via email at hari.bandari@compositeinsights.com
Source: Composite Insights
For pricing information on this timely and insightful report, contact Hari Bandari at +91-991-279-1122 or via email at hari.bandari at compositeinsights.com
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