Hybrid Composites Market, Size, Share, Opportunities, Top Leaders, Growth Drivers, Segmentation And Industry Forecast
The global Hybrid Composites Market has been segmented by fiber type, resin type, end-use industry, and region. The Hybrid Composites Market is projected to register a 13.80% CAGR of from 2022 to 2030. Over the course of the forecast period, it is expected that the market will be driven by rising product demand in end-use sectors like wind energy, aerospace & military, and automotive & transportation. The Hybrid Composites Market size is expected to reach approximately $1793.50 Million by 2030. By fiber type, the global Hybrid Composites Market opportunity has been segmented into carbon/glass, carbon/aramid, metal/plastic, wood/plastic, HMPP/carbon, UHMWPE/carbon, and others. Although carbon-aramid reinforced epoxy offers high strength and impact resistance, the glass-carbon reinforced epoxy is leading the market owing to its low cost and is extensively used in high-end vehicles. On the basis of the resin type, the market is segmented into thermoplastic and thermosetti