Composites Market Size is estimated to grow at a CAGR of 6.8% during the forecast period

The size of the worldwide composites market, estimated at USD 87.2 billion in 2021, is anticipated to increase over the forecast period of 2022–2030 at a compound annual growth rate (CAGR) of 6.8%.

Advanced engineered materials known as composites are created by combining two or more materials or components with various physiochemical characteristics without dissolving or blending them together. The final materials, created by combining the two parent materials, have better physical, mechanical, and chemical characteristics than the parent materials, including more lightness, greater electrical and thermal insulation, greater anti-corrosiveness, greater impact strength, and greater chemical resistance. These qualities make these composites popular across a range of end-user industries, including those that deal with constriction, automotive and transportation, aircraft, electrical and electronics, and others.

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Key Companies in Composites Market:

·?????????SGL Group

·?????????Nippon Electric Glass Co. Ltd.

·?????????Huntsman International LLC

·?????????Solvay

·?????????PPG Industries Inc.

·?????????Owens Corning

·?????????Toray Industries Inc.

·?????????Teijin Limited

·?????????Mitsubishi Chemical Holdings Corporation

·?????????Hexcel Corporation

·?????????DuPont

·?????????Compagnie de Saint-Gobain S.A

·?????????Weyerhaeuser Company

·?????????Momentive Performance Materials, Inc.

·?????????China Jushi Co., Ltd.

·?????????Veplas Group

·?????????Other Players

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