As per SNS Insider, the composites market is expected to continue growing as new applications and markets are discovered, and as the industry continues to innovate and improve manufacturing processes. The size of the Composites Market was valued at USD 93.65 billion in 2022, and it is anticipated to expand to USD 175.93 billion by 2030, exhibiting a CAGR of 8.2% during the forecast period spanning from 2023 to 2030, as reported by SNS Insider.
As per SNS Insider, the composites market is expected to continue growing as new applications and markets are discovered, and as the industry continues to innovate and improve manufacturing processes. The size of the Composites Market was valued at USD 93.65 billion in 2022, and it is anticipated to expand to USD 175.93 billion by 2030, exhibiting a CAGR of 8.2% during the forecast period spanning from 2023 to 2030, as reported by SNS Insider.