Global composite market to be worth $53.3Bn in 2013

Friday 12 July 2013, Amsterdam

Growth in the composites market will largely be driven by the emerging markets as their technical capacity to produce such goods increase in line with the industries need for such materials. Driving the demand in non emerging markets will primarily be the industries seeking the unique performance enhancing qualities which composites exhibit such as cost-savings light-weight, strength, and corrosion-resistance. The new analysis indicates that the global composite market consisting of carbon fibre, glass fibre and aramid fibre reinforced plastics will reach a global market value of $53.3bn in 2013.

The author of the Global Top 20 Composites Companies 2013: Competitive Landscape Analysis for Glass Fibre, Carbon Fibre & Aramid Fibre report commented that ‘‘Despite being a relatively youthful industry the composites market has taken off dramatically due to its superior attributes over competing materials. It is clear to see that the market place is dominated by a small number of multinational companies who were the first on the composite scene. However with the greater and greater uptake of composite materials we are starting to see many smaller and niche players specialise in very high value and technological composite fibres. Looking forward we see there being much more collaboration within the industry but also greater fragmentation.”

The 140 page report contains 129 tables and charts that add visual analysis in order to explain developing trends and dynamics within the composites market. The report provides detailed insights on the top 20 leading companies operating within the market with overall revenue, sector revenue and market share %. This detailed report also breaks composites down further with details of the leading 19 glass fibre companies (overall revenue, sector revenue and market share %)  the leading 15 carbon fibre companies (overall revenue, sector revenue and market share %). and the leading 5 aramid fibre companies (overall revenue, sector revenue and market share %). Furthermore, the report includes an interview with Reinforced Plastics Industries, providing expert insight analysis.

The Global Top 20 Composites Companies 2013: Competitive Landscape Analysis for Glass Fibre, Carbon Fibre & Aramid Fibre report will be of value to current and future potential investors in the composite industry, as well as companies and research centres who wish to broaden their knowledge of the composites market.