Advanced Composites Market Expected to Reach Strong Growth by 2024
According to the latest report by IMARC Group titled, “ Advanced Composites Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024 ”, the market is projected to grow at a CAGR of around 9% during 2019-2024. Advanced composites, or polymer matrix composites, are generally characterized by their stiffness, extraordinary strength, mechanical resistance and modulus of elasticity. They are relatively more lightweight in comparison with composite materials. Moreover, owing to their exceptional physical and chemical properties, such as high thermal conductivity and dimensional stability, they find applications in industries like sports, aerospace, military, construction and automobile. Further, the increasing need for renewable energy is spurring the demand for advanced composites as these materials are employed in the manufacturing of blades for wind turbines used in wind power stations. Request to get the sample pages: https://www.imarcgroup.com/...