Composites Market Will Grow at 7.5% CAGR Up to 2024 : Solvay S.A., Arkema S.A., Owens Corning Corporation, BASF SE, Cristex Ltd
Advanced polymer composites market size is also influencing the automotive market with light weight and strong vehicle parts. For instance, global vehicle manufacturing in 2013 was roughly around 87 million units and is expected to exceed 130 million units over the forecast period. Socio economic aspects such as improved lifestyles and increasing disposable income has considerably propelled the automotive sales across the globe.
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