/PRNewswire/ The "Defense Composites Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2023-2028" report has been added to.
Aerospace Composites Market Size Forecast to Reach Around $41 Billion by 2025 Growing Demand From Space and Aeronautics Industries Driving the Growth of Aerospace Composites Market
BriefingWire.com, 12/29/2020 - Aerospace Composites Market size is forecast to reach around $41 billion by 2025, after growing at a CAGR of 10.5% during 2020-2025. Composites are material made up of two or more substances with different physical and chemical properties. Surging demand of composites for making aircraft parts due to its exceptional strength and heat bearing capacity is driving the growth of aerospace composites market. Whereas, growing uses of composites in military & defense sector for manufacturing of fighter jets and missiles also boosts the growth of market.