Composites Market Forecast: Projected Growth Across Key Applications and Regions
The global composites market reached an estimated size of USD 93.69 billion in 2022, with an expected compound annual growth rate (CAGR) of 7.2% from 2023 to 2030. This growth is driven by the automotive and transportation sectors' demand for lightweight materials. The increased adoption of lightweight components across various manufacturing industries is also expected to boost the market in...
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