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...
Intensifying Business Opportunities in Composite Materials Market to Maintain Healthy CAGR in Coming Years
Composite materials have been part of automotive industry for a long time. However, with the advancement of technology and demand for increased fuel efficiency with decreased tail-pipe emissions has boosted the demand for lightweight materials. Composite materials have considerable potential to increase vehicle efficiency, as it takes less energy to accelerate a lighter object than heavier one. The...