The Automotive Composites Market is experiencing strong growth as automakers worldwide prioritize lightweight materials, fuel efficiency, and emissions reduction. Valued at USD 9,345.67 million in 2023, the market is projected to expand at a CAGR of 14.2% from 2024 to 2032. Rising demand for electric vehicles (EVs), stringent environmental regulations, and continuous advancements in composite...

The global composite market size was valued at approximately USD 108.8 billion in 2023 and is expected to reach to reach USD 181.7 billion by 2028, projecting a CAGR of 10.8%  during the forecast period between 2023 and 2028. A composite material is a mixture of two different materials with different properties, such as mechanical, micro-cracking, and fatigue resistance,...