Market Overview
The fiber-reinforced composites market is expected to witness market growth at a rate of 6.1% in the forecast period of 2021 to 2028 and is expected to reach USD 136.5 billion by 2028. Data Bridge Market Research report on fiber-reinforced composites market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in demand from end -user industries is escalating the growth of fiber-reinforced composites market.
Fiber reinforced composites (FRC) include three portions namely interphase region as an interface, dispersed part and matrix as continues phase, where the matrix offers support in transferring the load to fibers. These composites are known to offer excellent strength, durability and versatility to the application products and weight reduction. They are used in various industries such as transportation, wind energy and aerospace among others.