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Plastics

Composites: Resins, Fillers, Reinforcements, Natural Fibers & Nanocomposites

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REPORT HIGHLIGHTS

  • The U.S. market for composites increased from 2.7 billion pounds in 2006 to an estimated 2.8 billion pounds in 2007. It should reach over 3.3 billion by 2012, a compound annual growth rate of 3.3%.
  • Construction/Infrastructure and automotive products are the key applications since they comprise about 60% of total volume, followed by marine, electronic components and consumer products.
  • The largest growth will be experienced by the low volume aerospace market led by the introduction of composite commercial aircraft exterior parts such as fuselages and wings.