123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL >> Business >> View Article

Lucintel Analysis: China Best Placed Among Bric Countries In Terms Of Composites Market

By Author: Roy Almaguer
Total Articles: 84

Composites are used as competitors to traditional materials such as iron and steel, aluminum, and wood. The BRIC composites market experienced good growth during the last decade and is anticipated to continue its growth momentum over the next five years.In terms of market attractiveness and growth rate, China is best placed amongst the BRIC countries. China has the most mature market for composite products as well as raw materials because of continuous government support, higher manufacturing capability, and large domestic market size.
Lucintel, a leading global management consulting and market research company, has conducted a competitive analysis on the growth opportunities for composite materials in the BRIC countries and presents its findings in “Growth Opportunities for Composites in BRIC Countries 2013-2018: Trends, Forecast and Opportunity Analysis.”The composites market of BRIC countries give tremendous opportunities to all kinds of players, from raw material suppliers to molders.
The report depicts that the usage of composites is mostly confined in the non-residential and industrial projects, which poses a challenge to the composites market. The market also suffers from short-term negative impact from global economic cues.
Lucintel also highlights the growth drivers. The construction industry in China is the third largest consumer of composite materials, and marked an increase in volume from the previous year’s level. Over the next five years, Chinese construction market is expected to depict a healthy growth rate. Brazilian construction industry is being spurred by strong government investment. Private sector interest in the construction segment has been increasing as is evident from the stock exchange.
The growth drivers for BRIC countries overshadow the challenges substantially and hence, all BRIC countries are likely to witness robust growth during the forecast period. Most BRIC countries were impacted moderately by global economic issues; however, the impact was minimal when compared to the developed countries. Consumption of composites in automobiles have also increased substantially in the BRIC countries, driven by fuel efficiency on account of lighter vehicles for mass produced models as well as performance benefits to high-end automotive models.
For a detailed table of contents and pricing information on these timely, insightful reports, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel offerings include Advanced Materials Reports, Composite Materials Market Report, Market Entry Strategy, Due Diligence and Strategic Growth Consulting.

Total Views: 211Word Count: 374See All articles From Author

Business Articles

1. Why Video Transfers Have Become So Essential At Present?
Author: alphadvdcreations

2. Video Transfer Method To Keepyourfavourites For Life
Author: alphadvdcreations

3. How Compact Lube Trucks Can Increase Industrial Maintenance Capabilities
Author: Scott Lee

4. 5 Tips To Get Your Construction Business Visible In Canada
Author: Rick Greoneveld

5. Why Retailers Need Ecommerce Product Catalog Management?
Author: Liza Zeimer

6. Cutlery For Wedding Should Have A Smooth Reflection And Smooth Edges!
Author: Dean Lance

7. Htc Screen Repair And Replacement In Uk
Author: Rosie Grace

8. Cutlery For Wedding Made From Copper Is Always Safe On The Use!
Author: Dean Lance

9. Floor Lamps South Africa Is Safe And Extremely Beneficial On The Use!
Author: Dean Lance

10. Stem Floor Lamp Is Designed To Produce Perfect Accent Of Lighting For Your Home!
Author: Dean Lance

11. To Be Appropriate For Benefiting Instant Cash For Me
Author: Jack martin

12. Opportunities For The Global Waterproofing Admixture Market To Reach $4.5 Billion By 2023
Author: Lucintel

13. Money Loan Specialist Carries On In A Positive Sense And Answers
Author: Alex Mighty

14. How To Increase Sales By Using Just One Word
Author: Ian Marsh

15. Xbox Game Console Repair Services In Uk
Author: Rosie Grace

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: