Reinforced plastic is a composite material made up of a polymer matrix reinforced with fibers. The reinforced plastics industry in the US generated significant economic activity in recent years. With time, a wide variety of reinforced plastic processes have evolved to facilitate efficient production of many different types of composites with different physical properties. Fiberglass is the most widely used reinforcement for plastics, with carbon the least used.
Most reinforcement materials are made of inorganic materials such as fiberglass, asbestos, and carbon and other high cost fibers. Cellulose is the major natural organic used as a reinforcement. Better growth is expected for reinforced thermoplastics based on their easier processing and better aesthetics. Thermoset resins are dominant because of their strength, low cost, corrosion resistance and other properties.
Niche opportunities are expected in areas such as rebar, bridge decking, utility poles and wind turbine blades. Glass fibers are anticipated to be the most dominant of all products throughout the coming decade.
Participants in the US reinforced plastics industry operate on a variety of levels, from producers and distributors of raw materials such as resins, additives and reinforcements, to plastic compounders and processors, to manufacturers of finished products.
Aruvians Rsearch analyzes the reinforced plastics market in the US in its research offering Analyzing the Reinforced Plastics Market in the US. The report is a complete analysis of the industry through the leading segments of thermoset resins and thermoplastic resins. Thermoset resins are further segregated into polyester resins and other thermoset resins.
The report analyzes the US market for reinforced plastics through an industry overview, an analysis of the market demand, as well as an analysis of the market by different types of reinforced plastics.
Industry trends across different types of segments are analyzed, followed by an analysis of the industry structure. Regulatory framework governing the industry is also looked at.
The industry's future perspective is looked at through a segment-wise market forecast as well as an industry outlook.
An analysis of the major market players such as DuPont, Ashland Corporation and others is carried out through a corporate profile, business segment analysis, financial analysis, industry presence, and a SWOT analysis, completing this comprehensive analysis of the Reinforced Plastics Industry in the US.