The global market for electroactive polymers was $1.9 billion in 2010 and is expected to be about $2.1 billion in 2011. It is forecast to grow to over $3 billion by 2016 at a compound annual growth rate (CAGR) of 6.1%.
The global market for applications of wood-plastic composites, cellulosic plastics, plastic lumber and natural fiber composites is estimated at about 2.4 million metric tons in 2011. By 2016, it is estimated at nearly 4.6 million metric tons and rising at a CAGR of 13.8%.
The North American fiber-reinforced plastic/composite market is estimated at 2.7 billion pounds in 2010 and is expected to increase to about 3.1 billion by 2015, reflecting a 2.8% CAGR.
2011 PLASTICS RESEARCH REVIEW
Few materials are as versatile or omnipresent as plastic. From basic food and product packaging, to advanced applications in medical and healthcare applications, plastics are pervasive in modern life.
The variety of topics listed below speaks to the diverse use of plastics. In many respects, control over plastics can be seen as a bridge between the early Industrial Revolution and the upcoming promise of the new generation of nanomaterials beginning to emerge.
The 2011 Plastics Research Review is designed to provide a glimpse into some of the market research reports we published this year. In this Review, you will find excerpts from reports covering these key plastics markets:
Plastics in Electronic Enclosures: Global Markets
Wood-Plastic Composites: Technologies and Global Markets
Conductive Polymers: Technologies and Global Markets