Growth Opportunities in Global Composites Industry
This Lucintel brief focuses on
the market size, market trends and forecast for global
composites industry across the globe detailing North
America, Europe, Asia and Rest of the World. Forecasts
for various key market segments are provided to 2016
with details of key Mega Trends impacting the
marketplace.
Key Learning:
·
Global composite materials industry
reached approximately US$17Bn in 2010 with an annual
growth rate of 10.3% while the end product market
made with composite materials crossed US$50Bn in
2010
·
North American composites industry
realized highest growth in 2010 followed by Asia and
Europe. Future strong growth expected across BRIC
nations
·
Composite materials industry expected
to reach $ 27 B in 2016 at a 5.4% CAGR
Global Nanomaterials Opportunity and Emerging Trends
Nanomaterials is an emerging,
both in terms of value and volume. This Lucintel brief
identifies the key trends & opportunities, a forecast of
global nanomaterials market together with major growth
drivers and challenges.
Key Learning:
·
Nanomaterials market is expected to
grow to US$ 6Bn in 2016
·
North America is likely to remain the
market leader though China and Japan are expected
to grow rapidly in next 5 years
·
It is expected that nanomaterials
expand its areas of application with Health &
Personal Care and Energy emerging as top
applications in the next 5 years
Opportunities in Natural Fiber Composites
This Lucintel brief details
various market drivers and potential for natural fiber
composites including market trend, forecast and key
innovations. High potential applications, together with
a competitive benchmark serve to focus high potential
segments and applications.
Key Learning:
·
Natural fiber composite market is an
emerging market gaining traction in Automotive
·
Specific properties with lower prices
of natural fiber composites are making it compatible
for various applications, market is mostly driven by
low cost, lighter weight, eco friendly
·
Performance improvement of natural
raw materials will help to cater more applications
and industries in near future