The markets: Automotive (2021)
Composites continue measured growth as the global automotive industry, driven by zero-emissions goals toward increased electrification, seeks to reduce vehicle weight and improve performance.
Ginger Gardiner
Senior Editor, CompositesWorld
The markets: Boatbuilding and marine (2021)
Boat sales surge during pandemic, carbon fiber continues to increase with demand for electric power, foiling and performance, while progress is seen for glass fiber composites in ships, 3D printing and recycling.
The markets: Construction (2021)
The construction industry is an economy unto itself, and will be worth more than $15 trillion annually by 2030. More than 36 million new housing units will be required in the world’s 20 largest cities by 2025. Legacy materials dominate in this market, but the opportunities for composites are substantial, and growing.
The markets: Oil and gas (2021)
Composites continue to play a critical role in onshore hydraulic fracturing, and thermoplastic composites are on the rise for deepwater pipelines.
The markets: Sports and recreation (2021)
The use of lightweight and high-performance composite materials in sports equipment continues to increase.
The markets: Industrial (2021)
Composites often must meet a certain aesthetic in applications where the consumer is the end user. But fiber-reinforced materials are just as valuable in industrial applications where corrosion resistance, high strength and durability are the performance drivers.
The markets: Civil infrastructure (2021)
Composites are slated for growth in bridges, water treatment systems, rebar and other concrete reinforcement, offering longer service life, competitive costs and improved sustainability.
