A composite material can be defined as a combination of two or more materials that results in better properties than when the individual components are used alone.
Market Dynamics:
Fibers and matrices are used in conjunction to create composites. Matrices are often constructed of resins like polyester, epoxy, or thermoplastics. High-performance composites have a lower mass content than steel and iron, which is one of their main benefits. As a result, fewer components, such as joints and fasteners, are needed to keep the product together. This not only reduces the product's overall weight but also makes it stiffer and hence stronger.
On the other hand, strict food regulations is expected to hamper the market growth. Growing environmental concerns and stringent regulations regarding pollution control have forced automotive manufacturers to enhance their technologies and develop vehicles having low pollution. One of the most important factors affecting fuel efficiency and vehicular pollution is the overall weight of the vehicle
Key features of the study:
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