Composites Market Revenue, Opportunity, Segment, And Key Trends Analysis To 2027

March 2, 2023 ⚊ 1 Min read ⚊ Views 63 ⚊ BUSINESS

The Composites Market size is projected to grow from USD 113.6 billion in 2022 to USD 168.6 billion by 2027, at a CAGR of 8.2% between 2022 and 2027. Composites have outstanding qualities like as stiffness, strength, tenacity, density, thermal and electrical conductivity, fatigue resistance, and corrosion resistance. . In light of the characteristics delivered by composites, traditional materials like aluminum steel are becoming less popular for high-performance applications.

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