Use of composites is mainstreaming across multiple end-use industries, such as aerospace and defense, driving progress of composites distributor market. Rising demand for sustainable materials has worked in favor for the exponential rise in sales of composites, boosting growth of composites distributor market.
End-users are increasingly incorporating advanced composites into their traditional and conventional manufacturing processes, to attain optimal efficiency and productivity. Use ... Read more
According to the recent study the composites distributor market is projected to reach an estimated $4.7 billion by 2026 from $3.2 billion in 2020, at a CAGR of 4.9% from 2020 to 2026. Growth in this market is primarily driven by increasing demand for composites in North America and Asia Pacific region and presence of large number of medium and small composite part manufacturers.