DUBLIN–(BUSINESS WIRE)–The “Global Polymer Matrix Composites Market (2020-2025) by Type, Resin Type, Adhesive Type, End user, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis” report has been added to ResearchAndMarkets.com’s offering.
The Global Polymer Matrix Composites Market is estimated to be USD 14.81 Bn in 2020 and is expected to reach USD 23.98 Bn by 2025, growing at a CAGR of 10.12%.
The global market is expected to be driven by increased demand for composites in end-use industries such as aerospace and electronics & electrical. This is majorly attributed to the increased use of lightweight materials in the production of structural components of aircrafts.
In addition, the increasing use of silicone-based composites in the production of printed circuit boards and components requiring a high resistance to heat…