With 8.9% CAGR, Global Composites Market to Grow due to Rising Usage of Natural Fibers - TMR
The leading players leading in the global composites market are Toray Industries, Teijin Limited, Owens Corning, TPI Composites, Inc, and Hexcel Corporation.
- The leading players leading in the global composites market are Toray Industries, Teijin Limited, Owens Corning, TPI Composites, Inc, and Hexcel Corporation.
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According to a report by TMR, the global composites market is prognosticated to expand at a steady CAGR of 8.9% within the forecast period during 2017 to 2025. - As per the product the global composites market is classified as metal matrix composite, polymer matrix composite, and ceramic matrix composite.
- Among these, the segment of polymer matrix composite led the global composites market back in 20016, as per the volume and value.