Composite Materials Market to Set Phenomenal Growth in Key Regions By 2032 The composite materials market was valued at USD 115.3 Billion in 2022 and is projected to reach USD 263.2 Billion by 2032 at a CAGR of 8.7%. Composite materials are paramount to several industries, such as steel, construction, automotive, aerospace, and transportation.
The demand for durable and anti-resistant composite materials is rising with increasing urbanization....