subject: Deep Research Report On World Solid Surface And Other Cast Polymers [print this page] World Solid Surface & Other Cast Polymers to 2014
Demand to grow nearly 9% annually through 2014
Worldwide demand for cast polymers is projected to increase nearly nine percent annually to more than 250 million square meters in 2014. Advances will be aided by the recovery of new housing construction in the US and much of Western Europe, as well as in Australia, Japan and South Korea, from low 2009 bases. Additionally, countries such as Brazil, China and India have been building large volumes of modern housing units and nonresidential facilities each year to accommodate the needs of their growing populations and because of ongoing economic development. Cast polymers benefit from a high level of durability, low maintenance requirements and the ability to be cast in virtually any shape. ( http://www.bharatbook.com/detail.asp?id=146165&rt=World-Solid-Surface-Other-Cast-Polymers-to-2014.html )
Market penetration of cast polymers varies on a local and regional basis, generally depending on the relative wealth of local consumers and their style preferences, as well as the level of industrialization and the availability of materials. In 2009, solid surface accounted for approximately two-thirds of global cast polymer sales. Approximately threequarters of solid surface materials were sold in the Asia/Pacific region, where they are low-cost options. Engineered stone is forecast to achieve the most rapid gains through 2014, albeit from a much smaller base. Less expensive but less durable gel-coated composites are forecast to see more modest gains through 2014.
India is expected to post somewhat stronger gains through the forecast period as it also develops additional and more modern housing, schools, hospitals, transportation terminals and other facilities to accommodate its growing population and continued development. Western Europe and North America were the next largest markets in 2009. Advances in both markets are expected to be aided by the projected recovery of the new housing market from a depressed 2009 base. Going forward, cast polymer demand in these regions will be aided by their relative affluence, allowing residents to use higher-value building materials, and build more spacious homes and nonresidential facilities.
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