The Expanding Opportunities of the Composite Materials Market
Increasing demand for various applications from aerospace & defense, wind energy, and automotive & transportation sector is driving the composites market
A composite material is a mixture of two different materials with different properties, such as mechanical, micro-cracking, and fatigue resistance, remarkable tensile strength, electrical conductivity, and high strength-to-weight ratio,...
Growing Demand for High Performance Materials to Drive the Composites Market Industry
Growing demand for high performance materials to drive the composites market post 2021 with companies operating in full capacities and smooth flow in supply chain
The global composites market size was USD 88.0billion in 2021 and is expected to reach USD 126.3 billion by 2026, projecting a CAGR of 7.5% between 2021 and 2026. Composites are increasingly used in the aerospace & defense end-use...
Ballistic Composites Market Analysis, Growth, Future Trends, Segmentation, Emerging Technology by 2021
Ballistic Composites Market is projected to reach USD 1.80 Billion by 2021, growing at a CAGR of 7.12%, from 2016 to 2021. The rising demand for ballistic composites in personal protection due to its light weight and high strength properties is the major driver for the growth of the ballistic composites market.
Browse 62 market data tables and 38 figures spread through 133 pages and in-depth TOC...
Construction Repair Composites Market worth $533 million by 2026
The global construction repair composites market size was USD 331 million in 2021 and is expected to reach USD 533 million by 2026, projecting a CAGR of 10.0% between 2021 and 2026. Construction repair composites are increasingly used in the commercial, residential, silo flue pipe, oil & natural gas pipeline, water structure, industrial structure, and other end-use application. The increasing...
High-temperature Composite Materials Market Trends,Insights, and Forecast 2021
High-temperature composite materials market size was USD 3.36 Billion in 2015 and is projected to reach USD 5.01 Billion by 2021, registering a CAGR of 8.41% between 2016 and 2021.
Matrix System: Ceramic matrix composite materials comprise major share of the high-temperature composite materials market
Ceramic matrix composite materials have the highest market share of the high-temperature...
Growing Demand for High Performance Materials to Drive the Composites Market – 2020
The global composites market size is estimated to be USD 90.6 billion in 2019 to USD 131.6 billion by 2024, at a CAGR of 7.7% during the forecast period. Composites are increasingly used in the aerospace & defense end-use industry as they decrease weight and increase fuel efficiency. In addition, the capability of aerospace composites to maintain a greater strength-to-weight ratio allows for more...
Composite Repairs Market Latest Trends, Growth, Opportunities and Forecast to 2026
The composite repairs market was valued at USD 9.44 Billion in 2015 and is projected to reach USD 21.97 Billion by 2026, at a CAGR of 8.0% between 2016 and 2026. The market is expected to be driven by increased installation of wind turbines in countries such as China, the U.S., Germany, Spain, and India. Furthermore, increasing application of carbon fiber composites in the automotive & transportation...
Study Predicts Growth in Market for Wood Plastic Composite
Wood Plastic Composite Market Industry Leaders & New Revenue Pockets
Wood-plastic composites are the composites made from wood fibers or wood flour and thermoplastic materials such as polyethylene (PE), polypropylene (PP), and polyvinylchloride (PVC). Additives are used in wood-plastic composites to enhance the physical and mechanical properties within the polymer matrix. Building & construction...
Increasing Demand for Lightweight and Precision Tooling in Aerospace & Defense and Automotive Industries
North America is projected to be the fastest-growing composite tooling market during the forecast period. Increasing use of composites in the aerospace and automotive industries in North America is propelling the composite tooling market. The composite tooling materials help in making stronger and lighter parts. The leading players in the composite tooling market are considering this region for the...