Dallas - January 26, 2009 - There is little doubt that composite
materials are seeing widespread usage within many industries, from aerospace to
wind energy. As demand for more composites applications increases in the coming
years, composite materials price movements will experience wide fluctuations as
the supply and demand cycles evolve. This evolution will produce advantages for
those that have greater insights into price movements and place those that do not
at a disadvantage according to, "Composites Materials Price Trend, Forecasts
and Analysis" a new research report from Lucintel.
With oil reaching greater than $147 per barrel in July of 2008 and recently below
$40 a barrel in 2009, prices for resins and reinforcements have seen extremely volatile
movements throughout the year. Some materials that doubled in price over the first
six months of 2008 have fallen by an even greater amount as commodities and the
global economy weakened appreciably. In some cases this has led to composites materials
that are more competitive than traditional materials relative to price per strength.
A short overview of the report reveals the following:
- Current market price and lead time analysis for four resins (polyester resin, vinyl
ester, epoxy, and polyurethane), three reinforcements (glass fiber, carbon fiber
- aerospace 12K and industrial grade 24K), and four competing materials (aluminum,
steel, wood and thermoplastic).
- Additionally, a great emphasis is placed upon the drivers behind the movement in
price.
Additionally, many companies in the composites marketplace were focused upon to
discern the most effective means for manufacturers and distributors ability to cope
with price changes. Our contacts voiced concerns with structured pricing arrangements,
competition from major players domestically and in China, and the ability to leverage
their competitive space in the marketplace.
This report was compiled by Lucintel's market analyst of pricing trends, Ryan Lee,
after extensive research, surveys, analysis and validation. "Because of the
sensitive nature of the market, any data - especially pricing - is both very difficult
and very instrumental" stated Ryan. "It is important to understand
the reasons for the movement, and the factors (supply, demand, capacity utilization,
purchase volume, etc) that will affect future price trends and bargaining power".
For composites industry professionals that monitor price movements, Lucintel's Price
Report will become an indispensable and trusted source for current data and trends.
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
.