Finally, Some Good News - CFA Resin Sales Report Indicates Yearly Decline is Slowing

摘要

Third-quarter reinforced and non-reinforced UPR resin sales data (versus prior year data) indicate that the yearly decline is slowing and the worst may be over for the FRP composites industry Missy Henriksen, Executive Director of the Composites Fabricators Association (CFA) in Arlington, Virginia said, This report indicates that -overall the bottom of the market may be behind us, as quarterly declines for both reinforced and non-reinforced resin sales are less than the year-to-date declines. The third quarter domestic total was 401 million pounds (-8.2 percent), with YTD at 1.22 billion pounds (-11.8 percent). Henriksen indicated that the trend is the result, for example, of the reinforced plastic construction market, where the year-to-date tonnage is down 10.3 percent and the most recent quarter is only down 3.9 percent. The report also indicates that the Electric/Electronics applications (up 12 percent) and Consumer Goods market trend (up 2.6 percent) along the same lines; however, the Marine and Transportation markets (each down over 25 percent in Q3) are continuing their downward trends. Both areas report slightly larger third quarter decreases than the year-to-date data.