Advanced Composites Market

The advanced composites market consists of lightweight, strong engineered materials created by combining high-performance reinforcing fibers (like carbon or aramid) with a resin. Key customers are industries such as aerospace & defense, automotive & transportation, and wind energy. The market's growth is primarily driven by the rising demand for lightweight components to enhance efficiency and performance, particularly in vehicles and wind turbines, which benefit from lower weight, high fatigue life, and corrosion resistance.