Transportation Composites Market worth $59.8 billion by 2025
The report "Transportation Composites Market by Resin (Thermoplastic and Thermoset), Manufacturing Process, Fiber, Application (Interior, Exterior), Transportation Type (Airways, Roadways, Railways, Waterways), and Region - Global Forecast to 2025" size is expected to grow from USD 33.2 billion in 2020 to USD 59.8 billion by 2025, at a CAGR of 12.5% during the forecast period.
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Browse 109 market data Tables and 49 Figures spread through 171 Pages and in-depth TOC on "Transportation Composites Market” by Resin (Thermoplastic and Thermoset), Manufacturing Process, Fiber, Application (Interior, Exterior), Transportation Type (Airways, Roadways, Railways, Waterways), and Region - Global Forecast to 2025" View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/transportation-composites-market-175821588.html
The resin transfer molding process holds the largest market share in the global transportation composites market in terms of value.
Resin transfer molding is a vacuum-assisted resin transfer process that uses a flexible solid counter tool for surface compression. This process yields increased laminate compression, high fiber-to-resin ratio, and outstanding strength-to-weight characteristics. It is mainly used to mold components with large surface areas, complex shapes, and smooth finishes. This process is used in the production of aircraft and automotive structures, such as powertrain components and exterior components.
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Transportation Composites Market by Resin (Thermoplastic and Thermoset), Manufacturing Process, Fiber, Application (Interior, Exterior), Transportation Type (Airways, Roadways, Railways, Waterways), and Region - Global Forecast to 2025
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