Chemical & Materials Trending High Performance Composites Market | Page 4

Industry Insights
❖The thermoplastic resin type segment of the high performance composites market is projected to
grow at the highest CAGR during the forecast period.
❖The growth of this segment of the market can be attributed to increased use of high performance
thermoplastic composites in various industries, owing to the flexibility of remelting and reforming
offered by them due to the absence of crosslinking in thermoplastic resins.
❖The S-glass fiber type segment of the high performance composites market is projected to grow
at the highest CAGR during the forecast period.
❖The growth of this segment can be attributed to increased use of S-glass high performance
composites in military aircraft for fuselage skins, floor panels, and fire walls, owing to the
capability of these composites to withstand the impact of force.
❖As S-glass high performance composites have high strength, increased flexibility, and enhanced
dimensional stability, they are increasingly used as robotic arms on space shuttles.
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