#MULTITUDEOFMARKETS

Materials

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.

Construction

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.

Wind/Energy

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.

Filament Winding

The markets: Sports and recreation (2021)

The use of lightweight and high-performance composite materials in sports equipment continues to increase.

Carbon Fibers

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.

Carbon Fibers

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.

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