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Article: US reinforced plastics demand to reach 4.2 billion pounds in 2007. (News Release).(includes data by type and end use)
- Article from:
- Research Studies - Freedonia Group
- Article date:
- April 9, 2003
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Reinforced plastics demand in the US is expected to rise 2.5 percent annually to 4.2 billion pounds in 2007, valued at $6.5 billion. This will create a market for 2.9 billion pounds of resin and 1.3 billion pounds of reinforcements. Steady advances will be based on continued material and technology improvements which will enhance performance characteristics and make reinforced plastics more competitive with metal and wood. Glass fibers will remain the leading reinforcement material due to low cost and good performance. These and other trends are presented in Reinforced Plastics, a new study from The Freedonia Group, Inc., a Cleveland-based industrial market research firm. ...