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The Wood-Plastic Composites Market

The Wood-Plastic Composites Market

According to the Sawmilling SA website, a new study from India-based global market research firm Markets and Markets, “Wood Plastic Composite Market Global Trends & Forecast to 2021”, The wood-plastic composites market is projected to reach US$5.84 billion, at a compound annual growth rate of 12.4% for the forecast period of  2016 to 2021.

  • North America accounted for the largest share of the wood-plastic composites market in 2015, followed by Asia-Pacific and Europe.
  • North America is one of the globe’s major producers of wood-plastic composites. Increasing investment in infrastructure projects, followed by replacement of old housing infrastructure with advanced materials, are the key drivers in this region.
  • Building & construction is the largest application of wood-plastic composites and constituted a major share of the total wood-plastic composite market by application in 2015. The growing demand for wood-plastic composites from this market segment is projected to drive the demand in coming years thanks to the superior performance benefits, durability, and low maintenance cost of these composites as compared to that of conventional materials.
  • Polyethylene constitutes the largest wood-plastic composite type, capturing over half of the total wood-plastic composite market share in 2015 among type segments. The superior molecular structure and stability makes PE type wood-plastic composites a robust, high-performing material for applications, thus creating a healthy market demand for the same, says the M&M study.

source:  http://www.timber.co.za/news/article/strong-growth-for-wood-plastic-composites

Composite Skills Training Breakthrough

Composite Skills Training Breakthrough

R15-MILLION DTI PILOT PROJECT UP-AND-RUNNING

It took a while to stick, but South Africa’s biggest ever composite training programme is finally up and running with the first 15 recruits enrolled in August at the Composites Training Academy (CTA) in Cape Town.

“It definitely took a while,” CTA’s Oliver Dawson told SABBEX. “But that is good because you need to do proper due diligence with these kinds of projects.

The composites training is one leg of a public-private pilot project initiated by the Department of Trade and Industry (the dti), aimed at bolstering skills in the maritime sector….

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Carbon Fibre Super Car

Carbon Fibre Super Car

Lamborghini introduced an even more powerful, faster and pricier version of the exotic V12-powered Lamborghini Aventador at an event in California on Thursday night.

Called the Lamborghini Aventador SVJ, its engine is tuned to produce as much as 770 horsepower. It can go from zero to 60 miles an hour in easily under three seconds and take turns faster. Even before it was officially introduced to the public, it set the record for the fastest lap by a factory production car at Germany’s famous Nürburgring-Nordschleife track, considered one of the most challenging courses in the world.

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