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automotive composite materials market drivers, analysis, share, growth, trends & forecast to 2025

Posted: Wednesday November 13

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the global automotive composite materials market is anticipated to gain the market worth of us$ 9,037.4 million by 2025, expanding at a cagr of 9.97% during the forecast period 2019-2025. the major reasons fuelling to the adoption of composite materials in the automotive industry are stringent government regulations on ghg emissions, increased usage of composites, among hybrid and electric vehicles and better structural and mechanical properties of composites compared to other materials such as steel and aluminum among others. 

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