Opportunity Assessment for Composites in Global Recreational Boat Market

The global demand for recreational boats is estimated to reach (US) $26.4 billion in 2006 and is projected to grow at a 7% annual rate, reaching $37.1 billion in annual sales by 2011, according to new research from E-Composites, a leader in composites industry market intelligence. Given the size of the market and its prospects for further expansion, the recreational boat building industry represents a highly attractive opportunity for composites manufacturers targeting selected demand segments.