Growth Opportunities in Global Composites Industry, 2012 –2017 - (PPT)

摘要

Global composite materials industry reached $19.6B in 2011, marking an annual increase of 8.2% from 2010, and driven by recovering of majority of markets, Market value of end use products made with composites was $55.6B in 2011, North American composites industry accelerated by ～9% in 2011, Europe increased by ～8% while Asia grew by ～7% in 2011, By 2017, composite materials industry is expected to reach $ 29.9B (～7% CAGR) while end products made with composite materials market value is expected to reach $85B, Global Automotive composite materials market was estimated to be around $ 2.8 B in 2011, and is forecast to reach $ 4.3 B by 2017 @ CAGR of approx. 7%, Significant interest by Automotive OEMs in carbon fiber applications, Population growth, new infrastructure projects, urbanization, increase in middle class population, and the green movement will drive composites growth to new horizons in emerging economies.