Global Market for Marine Composites to Reach 2000.0 Million by 2021, Growing at CAGR of 7.1% by 2020
?Composites are a combination of one or more constituent material with different physical and chemical properties, which produce another unique characteristics material. The composite material is preferred in marine applications as they provides lighter, or less expensive when compared to traditional materials. The consumption of marine composites is more than 4 to 5% of the composite market. There are various composites used in different marine applications which includes glass fiber composites, carbon fiber composites, and foam core materials.
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