The new report by Transparency Market Research, says that, geographically, North America dominated the global reinforced plastics market in 2012. The region accounted for 35% of the global reinforced plastics market due to high demand from the construction and building industry.
The report also estimates that by 2019, Europe is expected to witness high growth in this market due to stringent regulations to reduce CO2 emissions in vehicles. By 2019, growth in the reinforced plastics market will also be seen in Asia-Pacific and reach US$4.73 billion.
The report can be accessed here.
