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Article: US REINFORCED PLASTICS DEMAND TO REACH 4.2 BILLION POUNDS IN THE YEAR 2005.
- Article from:
- Research Studies - Freedonia Group
- Article date:
- May 3, 2001
CopyrightCOPYRIGHT 2001 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. 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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Reinforced plastics demand in the US is projected to increase three percent annually to 4.2 billion pounds in 2005, valued at $6.2 billion. This will create a market for 2.9 billion pounds of resin and 1.3 billion pounds of reinforcements. Gains will result from performance advantages over competitive materials, enabling reinforced plastics to displace wood or metal in a variety of applications. Processing advances will also stimulate demand by increasing the capabilities and versatility of reinforced plastics, thereby broadening market opportunities. Advances in processing will provide advantages such as design flexibility and improved environmental friendliness. The ...
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