Lucintel Forecasts Composites Market to Reach$70.0 billion by 2030
According to the recent study the composites market is projected to reach an estimated $70.0 billion by 2030from $52.0 billion in 2023, at a CAGR of 4% from 2023 to 2030. Growth in this market is primarily driven by increasing demand for lightweight materials in the aerospace & defense, and automotive industries; corrosion- and- chemical-resist