DEMAND FOR HIGH-GRADE COMPOSITE MATERIALS FROM COMMERCIAL AND DEFENSE AIRCRAFT MANUFACTURERS IS DRIVING THE MARKET OF TRANSPORTATION COMPOSITES
Transportation Composites Market by Resin (Thermoplastic and Thermoset), Manufacturing Process, Fiber, Application (Interior, Exterior), Transportation Type (Airways, Roadways, Railways, Waterways), and Region Transportation composites are used in the interior, exterior, powertrain, and other applications in the automotive and aerospace industries. The demand for transportation composites is increasing at a rapid pace due to low weight and high strength, which helps in improving the fuel efficiency of vehicles. However, amid the global COVID-19 pandemic, the demand is expected to show a sharp decline until 2021. The global transportation composites market size is projected to grow from USD 33.2 billion in 2020 to USD 59.8 billion by 2025, at a CAGR of 12.5% between 2020 and 2025. Browse and in-depth TOC on “Transportation Composites Market” 109 – Tables 49 – Figures 171 – Pages Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=175821...