Transparency Market Research include new market research report" Marine Composites Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" to its huge collection of research reports.
Albany, NY -- (SBWIRE) -- 09/25/2013 -- Polymeric composites used for manufacturing parts of aquatic vessels like ships, recreational boats, racing boats, power-boats, jet-boards, and sub-marines are called marine composites. It helps to reduce vessel weight and cost of production, improve fuel efficiency, impact resistance, and longevity of the vessel. Marine composites include carbon fiber reinforced plastics (CFRP), glass fiber reinforced plastics (GFRP), and foam core materials, used to manufacture different parts of a vessel, for different end-uses. It is in use for the past forty years, and has technically developed over time, responding to market needs. This is an industry which has witnessed strong market growth over the past years and is expected to remain buoyant in the near future. The market revenue as well as volume are estimated to rise in tandem. It has high scope of growth in North America, Asia Pacific, and Europe.
Browse Full Report: http://www.transparencymarketresearch.com/marine-composites-market.html
Smaller boats are expected to lead the usage of composites, as their production is on the rise. There is huge demand for composites for manufacturing of hulls of yachts and sailing boats, as they are practically maintenance-free. A rise in the number of recreational boats is a key driver of this market. A lot of research is currently undertaken to improve the casting and molding techniques of the composites, which has reduced the cost considerably. There has been a surge in the demand for glass fibers for small boats, while large marine crafts continue to demand CFRP. Rise in the cost of fuel is another driver for this market as manufacturers look to increase fuel efficiency, and reduce the maintenance cost, which is possible with the use of marine composites.
Although the demand is increasing every year, so is the cost of raw materials. The high cost of raw materials negates the market attractiveness of the product, although the technological improvements attempt to bring down the manufacturing costs. This industry is also highly susceptible to the prevailing macro-economic conditions, as demand and output both fall during recessionary periods.
Some of the major players in this market are Cytec Engineered Materials, Hexcel, Toray Carbon Fiber, Zoltek, Mitsubishi Rayon Co., and Nippon Graphite Fiber Corporation among many other prominent players.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
Rest of the World
This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a technological growth map over time to understand the industry growth rate
It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
It provides distinctive graphics and exemplified SWOT analysis of major market segments
Browse Market Research Blog: http://businessindustryresearch.wordpress.com
More Reports On Energy Market: http://www.transparencymarketresearch.com/chemical-market-reports-2.html
About Transparency Market Research
Transparency Market Research (TMR) is a market intelligence company providing global business research reports and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers.
TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources along with various tools and techniques to gather and analyze information.Our business offerings represent the latest and the most reliable information which is indispensable for businesses to sustain their competitive edge.
You may also be interested in these related reports:
Ceramic Fiber Market - Global And China Forecast, Share, Size, Growth And Industry Analysis (2010 - 2017)
Biopesticides Market - Global Industry Analysis, Size, Share And Forecasts, 2012 – 2018
Medical Device Coatings Market - Global Industry Size, Share, Trends, Analysis And Forecasts 2012 - 2018
90 State Street,
Albany NY – 12207
USA - Canada
Toll Free 866-552-3453