Outlook for the Global Composites Industry

August 2009
Popular Plastics & Packaging;Aug2009, Vol. 54 Issue 8, p57
Trade Publication
The article presents an outlook for the global composites industry as of August 2009. A report by Lucintel cites economic recovery as the factor that will drive the global 19 million U.S. dollar-composites industry reassume a positive growth trajectory. Market segments including construction and automotive have experienced double-digit declines in composite demand as a result of the economic downturn in the U.S. and western European nations. It adds that growth of the composites market in Asia is driven by infrastructure and economic growth in China.


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