Composites Market to Reach USD 181.7 Billion by 2028 Driven by Aerospace and Wind Energy Sectors

Dublin, March 21, 2024 (GLOBE NEWSWIRE) — The “Global Composites Market by Fiber Type (Glass Fiber Composites, Carbon Fiber Composites, Natural Fiber Composites), Resin Type (Thermoset Composites, Thermoplastic Composites), Manufacturing Process, End-use Industry, and Region – Forecast to 2028” report has been added to ResearchAndMarkets.com’s
The report highlights the fiber type segment where carbon fiber composites have emerged as the fastest-growing category, particularly appreciated for their exceptional strength-to-weight ratio. This attribute makes carbon fiber composites a coveted material within industries like aerospace and automotive, which are constantly seeking ways to enhance performance through weight reduction.ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
(GlobeNewsWire)