The global composite market size is expected to reach us $112.8 billion in 2025, of which fiberglass composites account for the largest proportion

According to the latest market report released by Markets and Markets, due to the increasing global demand for high-performance materials, the composite material industry is growing. It is estimated that the global composite material market size will grow from 74 billion US dollars in 2020 to 112.8 billion US dollars in 2025, with an annual compound growth rate of 8.8%.Among them, glass fiber composites will occupy the largest market share in terms of output value and quantity