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Composite Insights Assesses Demand for Composites in the Marine Industry

  • Tuesday, 4th June 2013
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  • Reading time: about 2 minutes

Composite Insights says it has analysed opportunities for composites in the global marine-composites industry, where demand is set to grow 5.8% per year between 2013 and 2018.

Forecasts suggest the construction of larger boats will lead to an increase in the use of composite materials. However, smaller boats are expected to drive the demand for composite materials worldwide. Asia and the Rest of the World (ROW) expect to provide future growth opportunities for the global marine-composites industry, although the boat-building industry is well behind North America and Europe.

Composite Insights, a global-custom and syndicated-researchfirm, is presenting the results of its market analysis on the global marine-composites industry in “Global Marine Composites Industry 2013-2018: Trend and Forecast Analysis”. 

Historically, chopped-strand mat and woven rovings have been the reinforcements of choice for building boat hulls, decks and other parts. Multiaxial fabrics, which create much better in-plane properties, are useful with sandwich constructions, and today almost all high-performance marine laminates use a sandwich construction. The closed-moulding process has attracted more interest, due to boat builders’desire to reduce emissions and streamline processing for more cost-effective production.

The intelligence report, which includes market-size estimates for glass fibre, advanced fibre, core materials and resins, highlights the composite-material consumption trend by region, by boat-type and by manufacturing process.


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