Global Marine Composites Market Worth USD 2.0 Billion by 2021
Global marine composites market was valued at USD approximate USD 1050.0 million in 2015 and expected to reach approximately USD 2000.0 million by 2021, growing at a CAGR of around 7.1% between 2016 and 2021.
Global marine composites market was valued at USD approximate USD 1050.0 million in 2015 and expected to reach approximately USD 2000.0 million by 2021, growing at a CAGR of around 7.1% between 2016 and 2021.
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<strong>Marine</strong> <strong>Composites</strong> <strong>Market</strong><br />
projected to drive the growth of marine composite market. However, legislations related to styrene may<br />
hamper the market growth in the years to come. Furthermore, environmental awareness is expected to<br />
open up new growth opportunities of marine composites market within the forecast period.<br />
Based on products, the global marine composites market can be classified into glass fiber composites,<br />
carbon fiber composites, and foam core. In 2015, glass fiber reinforced plastics product segment<br />
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