Blog posts from July 2019

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The Growth of Composites

Posted: Sep 18, 2019
While they compete with steel, aluminum and other traditional materials for market share, composites are gaining traction worldwide. In fact, composites have enjoyed their ninth consecutive year of growth, according to Composites Manufacturing’s 2019 State of the Industry Report , and it presents significant opportunities in a number of markets. Growth in the composites industry is likely to continue. The global composites market size will reach an estimated $130.8 billion by 2024 and grow at a compound annual growth rate (CAGR) of 7.8 percent during that time, according to a report by Grand View Research, Inc . A number of