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Core Materials Market Size Forecast to Reach $2.5 Billion by 2025 Higher Investment Costs and Delays in the Renewal of Production Tax Credit (PTC) Are, However, the Main Constraints on the Global Core Materials Market BriefingWire.com, 1/03/2021 - Core Materials Market size is forecast to reach $2.5 billion by 2025, after growing at a CAGR of 14.1% during 2020-2025. Core materials are considered as the special class of composite materials, normally having low strength, but higher thickness provides the sandwich composite with high bending stiffness with overall low-density boosting demand in various industries. The key growth factors of the global core materials market are the significant increase in demand for composites from the marine industry and the rising use of composites in the aerospace end-use sector. Also, the growing market for longer and lightweight wind turbine blades, increasing offshore wind power infrastructure.

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