Thursday, July 30, 2009

Outlook for the Global Composites Industry

Economic recovery holds the key to global US$19 billion composites industry regaining a positive growth trajectory, as per a report by Lucintel. There were dramatic changes in the composites market inn 2008 with prominent segments such as construction, automotive and marine suffering double-digit declines in demand for composites due to economic downturn in the US and Western European nations.

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