Dallas - January 19, 2009 - According to Lucintel, the European
construction market for composite applications such as FRP doors, FRP windows, fiberglass
bath tubs, rebar, grating, and others, is estimated to reach $3.1 billion in 2013.
Lucintel, a leading global management consulting and market research firm with over
1000 clients worldwide, has recently concluded a detailed analysis of the European
construction market and has just published a comprehensive research report entitled
"Opportunities for Composites in the European Construction Market 2008
- 2013: Trends, Forecast and Opportunity Analysis". In the report,
Lucintel identifies the highest, and lowest, potential growth applications in this
market.
According to Lucintel, applications such as doors, windows, rebar, cooling towers,
and utility poles will drive the growth for composites during the forecast period.
For example, even though the market for general construction is down globally, demand
for composite doors is estimated to be very strong over the period, as market penetration
strengthens versus competitive products. Some market segments, such as bridge decks,
bathtubs, and swimming pools, will show relatively slow rates of growth, but no
segment is projected to show a five year decline during this period.
Ryan Lee, market analyst at Lucintel and author of the report said, "Once
potential customers understand the advantages of composite products, the sale itself
is not entirely difficult. Often the difficulty is getting the potential customer
to see past the initial cost of the product and educate them as to the life cycle
cost of composites as compared to conventional materials, which traditionally have
less strength, require more maintenance, and need more frequent replacements."
This research report contains market size estimates for the top 12 composite applications
in the European construction market, a Porter's five forces analysis for composites
opportunities in the market, competitive analyses for various applications, trends
and forecast for composites applications, growth drivers and many other elements,
all of which can help you make confident business decisions in this globally competitive
marketplace.
For a detailed table of contents and pricing information on this timely and insightful
report, please contact helpdesk at 972-636-5056 or via email at
helpdesk@lucintel.com. Lucintel
provides cutting edge decision support services that help you make critical decisions
with greater speed, insight and cost-efficiency. To find out more, visit www.lucintel.com.