Advanced Composites Market Size, Growth, Forecast 2021 to 2026

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According to the latest report by IMARC Group, titled “Advanced Composites Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market grew at a CAGR of 10% during 2015-2020. The global advanced composites market size to exhibit moderate growth during the next five years. Advanced composites, or fiber-reinforced plastics (FRP), are engineered mixtures of high-performance and chemically bonded materials. The composites are manufactured by combining reinforcement, such as carbon fiber, aramid fiber and fiberglass, for enhanced compressive and tensile stre…

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