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 natural fiber composites (NFCs) market looks attractive with opportunities in the automotive and building & construction industries.

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/waste water, sewage, and chemical industries.

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.

The global market for the composite materials is anticipated to experience substantial growth and reach approximately $36 bn with a CAGR of about 7% in the year span of 2014-2020

Carbon fiber applications are on the rise in the composites industry, as manufacturers in different application industries are increasingly adopting this versatile material.

Prepregs are used in a variety of markets, such as aerospace, defense, space and satellite, automotive, wind energy, and civil engineering. The North American region is expected to be the largest region in the global prepreg materials market by 2019.

FRP panels are used in a variety of industries, such as construction, automotive, and aerospace. In comparison to other materials, such as aluminum, concrete, and wood, FRP offers a number of features, including resistance to mold, mildew, and bacteria growth; high impact strength; high moisture resistance; chemical resistance; stain resistance; sanitary finish; low maintenance.

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.

China's glass fiber industry is expected to post good growth over 2013-2018. China is one of the world's fastest growing economies and trade analysts agree that its potential as a market is expected to increase significantly in future.

The Indian composite textiles market is estimated to witness strong growth and reach $127 million by 2018.

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.

The total global rail market is expected to witness good growth and reach an estimated $278 billion in 2018. Composite materials consumption in the global rail industry experienced high double-digit growth from 2007 to 2012.

The composites market in global aerospace industry is expected to reach an estimated value of $5.9 billion by 2033 with total consumption of composite materials in is anticipated to grow to 133.8 million pounds.

The North American FRP pipe market is expected to witness moderate growth during 2013-2018 and reach $607 million by 2018.