We've got you covered Europe Middle East Africa US and Canada Latin America Asia Pacific

Europe

Middle East

Africa

US and Canada

Latin America

Asia Pacific

New regulations could enable £16 billion UK composites industry growth

For a prompt quote - click here

A new position paper by the University of Southampton recognizes recognises the growing demand for composite materials and explores how modernizing modernising government regulations could accelerate industry growth.

As economic and sustainability pressures have grown, there is increased pressure to reduce energy consumption (including fuel usage), ‘through-life costs’ and installation times. This has increased demand for stronger, lighter, more intelligent and more durable materials tailor made for purpose.[1]

While leading in innovation, the UK is ‘not the most agile in bringing these new products to market’.

The report suggests an updated government procedure to help businesses create new composite products gain a first-mover advantage into the global market, enabling growth of up to £16 billion by 2030 (£4 billion more than current predictions).

Sources include Composites UK.

Read the paper here.

Author:
Picture of Aaron McConkey

Aaron McConkey

Author Bio
Share this story on
LinkedIn

More news items: