Global Marine Composites Market 2014 - 2018

ReportsnReports.com adds report Global Marine Composites Market 2014 - 2018 to its store. The rapid growth of emerging economies offers huge growth potential for the Global Marine Composites market. Despite the global economic slowdown, growth in the Southeast Asia and Pacific regions has been robust. In China and South Korea, the growth has been largely due to the massive expansion of the Marine industry. In the coming years, the overall growth in these countries is expected to soar. In developed countries, composites are increasing in value as companies seek sophisticated and purpose-built materials for high-performance applications. However, increased competition and saturation in developed countries have forced many global marine composite firms to shift their focus to emerging economies to find new avenues for growth. This creates opportunities for various marine composite products and solutions in emerging markets.

Complete report is available at http://www.reportsnreports.com/reports/274781-global-marine-composites-market-2014-2018.html.

Analysts forecast the Global Marine Composites market to grow at a CAGR of 7.52 percent over the period 2013-2018. According to the report, one of the major drivers is the increasing demand for marine composites for use in the manufacture of sailboat and powerboat components.
Further, the report states that one of the major challenges in this market is the limited number of specialized boat manufacturing yards that can process and utilize advanced marine composites in boat manufacturing.

The report recognizes the following companies as the key players in Global Marine Composites Market: Cytec Industries Inc., Hexcel Corp., Mitsubishi Rayon Co. Ltd., Toray Industries Inc., and Zoltek Companies Inc.

Other vendors mentioned in the report are Chongqing Polycomp International Corp., E.I. DuPont De Nemours and Co., KCC Corp., Koninklijke Ten Cate NV, Owens-Corning Fiberglas Corp., Taishan Fiberglass Inc., and Teijin Ltd.

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Key questions answered in this report:

• What will the market size be in 2018 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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