Marine Composites Market Trends, Scope, Demand, Opportunity and Forecast by 2025
The global marine composites market grew at a CAGR of around 6% during 2014-2019. Marine composites include a mixture of fibers and resin materials used to form and reinforce numerous marine components. These composites are generally manufactured using polyester, vinyl ester, epoxy, thermoplastic, acrylic, and phenolic resins. Some of the commonly used marine composites include ferrocement, wood fibers, carbon composites, glass-reinforced plastic, aramid fiber, etc. They offer high mechanical strength, improved fuel efficiency, reduced overall weight, enhanced corrosion resistance, and better customizability options for several offshore vessels. Request for a free sample copy of this report: https://www.imarcgroup.com/marine-composites-market/requestsample A significant growth in the maritime industry, along with the rising demand for fuel-efficient marine vessels, is primarily augmenting the market growth. Besides this, the increasing number of ...