Wood-plastic Composites Industry Size, Leaders Outlook 2024 & New Revenue Pockets
The wood-plastic composites market industry size is projected to grow USD 7.5 billion in 2023 and is projected to reach USD 11.9 billion by 2028, at a CAGR of 9.8% from 2023 to 2028. During the forecasted years, long life cycle, along with low maintenance cost of wood-plastic composites, growing economies of emerging countries across the globe, rapid urbanization is some of the factors driving the...
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,...
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...
Brake Friction Products Market: Trends and Developments
The Brake Friction Products Market is projected to reach $13.3 billion by 2026 from $10.8 billion in 2021, at a CAGR of 4.3% during the forecast period. Stringent emission norms and brake disc technology, advanced brake friction materials to drive the brake friction products market.
Stringent brake emission norms, increased safety standards, stopping distance regulations, increase in vehicle...
Automotive Composites Market is projected to Reach $9.3 Billion by 2025
The global automotive composites market size was USD 5.4 billion in 2020 and is expected to reach USD 9.3 billion by 2025, projecting a CAGR of 11.5% between 2020 and 2025. The automotive industry is highly focusing on the stringent regulations such as the Corporate Average Fuel Efficiency (CAFE) standards and the European Emission Standards (EES); laid by the governments of U.S. and Europe respectively...
Aerospace Composites Market worth $41.4 billion by 2025
According to the market
research report “Aerospace Composites Market by
Fiber Type (Carbon Fiber Composites, Ceramic Fiber Composites, Glass Fiber
Composites), Matrix Type, Manufacturing Process (AFP/ATL, Resin Transfer
Molding), Application, Aircraft Type, and Region – Global Forecast To 2025“, The global aerospace composites
market is projected to grow from USD 23.8 billion...
Attractive Opportunities in the High Temperature Composite Resin Market
The high temperature composite resin market is estimated at USD 753.5 million in 2018 and is projected to reach USD 1,180.8 million by 2023, at a CAGR of 9.4% during the forecast period. North America is expected to be the largest and the fastest-growing market for high temperature composite resins during the forecast period as the key countries in this region, namely, the US and Canada, are witnessing...
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...
Wearable Materials Market Insight and Business Opportunities from 2019 to 2023
The Wearable Materials Market size is projected to reach USD 2.9 billion by 2023, at a CAGR of 15.0% between 2018 and 2023. Increasing consumer preference for sophisticated gadgets, growing popularity of connected devices, and rising disposable income are driving the wearable materials market. Volatility in raw material prices and lack of durable, supple materials restrain the growth of the wearable...
Automotive Composites Market : Lightweight and Fuel Efficient Vehicles to Drives Demand by 2022
Automotive Composites Market was valued at USD 6.81 Billion in 2016 and is projected to reach USD 13.14 Billion by 2022, at a CAGR of 12.26% between 2017 and 2022. Automotive composites are lightweight materials that are used to make vehicles fuel efficient and impact resistant. These composites offer better properties as compared to traditional materials such as aluminum and steel. They result in...