Automotive Composites Market to Grow Due to Increasing Preference for Fuel-Efficient Passenger Cars
As per the latest market report published by Persistence Market Research, titled "Global Market Study on Automotive Composites: Polymer Matrix Composites to be the Largest Segment by 2022". The global automotive composites market stood at more than US$3 bn in 2014 and is predicted to reach US$7 bn by 2022. It is expected to expand at an 8.80% CAGR from 2014 to 2020.
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