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Article: Reinforced Plastics Demand Growing 3.5% Annually in N. America
- Article from:
- Research Studies - Freedonia Group
- Article date:
- May 15, 1995
CopyrightCOPYRIGHT 1995 Subscription: $00.00 per year as of 1/94. Published irregularly. Contact Freedonia Group, 3570 Warrensville Center Rd. Suite 201, Cleveland, OH 44122. Phone (216) 921-6800. Fax (216) 921-5459. nFreedonia Group, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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According to a new study from The Freedonia Group, Inc. (Cleveland, OH), demand for reinforced plastics in North America will expand 3.5% annually to 4.2 billion pounds in the year 2000. This will stem from improved economic conditions, resin and processing improvements and performance advantages over metals, wood and glass. Thermoset resins will continue to dominate due to their low cost and excellent performance in a wide range of applications. The fastest growth, however, will occur among thermoplastic resins which satisfy more heightened performance and design requirements. By market, transportation equipment will provide the best opportunities, especially as ...