The global composite industry will reached $ 39.1 billion by 2022
Orient Honest
www.china-disposable.com
2017-09-01 18:03:29
The global composite market is expected to reach $ 39.1 billion by 2022, and the compound annual growth rate is expected to be 5.1% from 2017 to 2022, according to a new report from Research Institute and Research, a research firm.
By 2022, the global composite end product market is expected to reach $ 113.2 billion. The main driver of this market growth is the growing demand for lightweight materials for the aerospace, defense and automotive sectors, the need for corrosion-resistant, chemical-resistant materials in the construction, piping and storage industries, as well as the electrical and electrical insulation and resistance Fuel demand.
By 2022, the global composite end product market is expected to reach $ 113.2 billion. The main driver of this market growth is the growing demand for lightweight materials for the aerospace, defense and automotive sectors, the need for corrosion-resistant, chemical-resistant materials in the construction, piping and storage industries, as well as the electrical and electrical insulation and resistance Fuel demand.
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