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Newstrail
Newstrail
According to IMARC Group’s latest report, titled “Aerospace Composites Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global aerospace composites market reached a value of US$ 40.3 Billion in 2020. Aerospace composites refer to the reinforced carbon, ceramic, and glass-based fibers found in a strong resin matrix. They are widely utilized in propellers, seats, wing assemblies, rotor blades, and instrument enclosures of passenger airlines, fighter planes, helicopters, etc. These composites exhibit low density and high mechanical strength, which are …