Chemical & Materials Trending High Performance Composites Market | Page 5

Regional Insights
o The North American region accounted for the largest share of the high performance composites
market in 2016. It was followed by the European region.
o The increased demand for high performance composites in the Asia Pacific region can be
attributed to the shifting of the manufacturing sector from the North American and European
regions to the Asia Pacific region.
o Moreover, the increasing government spending on the aerospace & defence sector in the region
is also expected to fuel the growth of the Asia Pacific high performance composites market during
the forecast period.
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