According to a new market report published by Lucintel, the future of the FRP pipe market looks good with opportunities in the oil and gas, retail fuel, water/wastewater, sewage, and chemical industries.

According to a new market report published by Lucintel, the future of the Unmanned Ariel Vehicle (UAV) industry looks positive with opportunities in civil and military applications. Global UAV industry is forecast to grow at a CAGR of 7.1% from 2015 to 2020.

According to a new market report published by Lucintel, the future of the FRP pipe market looks good with opportunities in the oil and gas, retail fuel, water/wastewater, sewage, and chemical industries.

Increasing terrorism and domestic disputes are the major factors encouraging deployment of advanced military armaments across the globe. Global defense land vehicle industry is highly dependent on government military expenditures which have seen considerable reduction in the recent years due to economic slowdown.

The Nigerian economy is likely to be driven by growth in the telecommunications, building and construction, and hotel & restaurants industries during the forecast period.

The US chocolate industry is expected to experience moderate growth and reach an estimated $19.3 billion in 2018.

Adhesives in composites are mainly used in varieties industries, such as, automotive, wind energy, aerospace, and marine.

The Brazilian economy is dominated by the service sector which contributed approximately 66% to the total GDP in 2013.

The composites shipments in the global boat market is expected to grow to $1,355 million in 2019. The major drivers for composites in the global boat market are low-cost of materials, weight reduction, corrosion resistance, high replacement rate, change in technologies, increase in boat size, and high net-worth population increase.

The global HVAC equipment industry is expected to reach an estimated $105.7 billion by 2019. The major drivers of heating, ventilation, and air-conditioning (HVAC) equipment industry are growing urbanization, rising disposable income, replacement needs, strict energy regulations, and technological innovations.

Global beauty care manufacturers have experienced good growth over the last five years. Total industry revenue is anticipated to reach approximately $264.2 billion in 2017.

Composites are used in a variety of applications in the North American construction industry, such as doors and window profiles, rebar, utility poles, bridge decks, grating, cooling towers, bathtubs, swimming pools, and FRP panels.