Industry | 2009.08.28
Global Composites Industry Outlook in 2009 and Beyond: Growth Still a Year Away, Composites Industry to Decline Further
DALLAS--(BUSINESS WIRE)--Economic recovery holds the key to global US$19 billion composite materials industry regaining a positive growth trajectory. There were dramatic changes in the composites market in 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. However, wind energy, aerospace and pipe & tank segments continued to grow in 2008 despite the
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