Zion Market Research Composite materials market, 2016 – 2024 | Page 2

Composite Materials Market
Global Composite Materials Market for Automotive: Overview
composite material is also knows as composition material. It consists of one or more constituent materials with different chemical or physical properties. They combine together to produce different materials with varied characteristics from individual components. This new material form is distinct in characteristic and is lighter, cost effective, and stronger than normal materials. Recently, researchers actively incorporated computation, sensing, communication, and actuation in this material, which is known as Robotic Materials.
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Global Composite Materials Market for Automotive: Growth Factors
Government support for fuel efficiency and increasing demand for fuel-efficient vehicles boost the global composite materials market for automotive in the near future. Major original equipment manufacturers( OEMs) are getting associated with composite material manufacturers, which is expected to boost the global market growth. Growing automotive industries also fuel the global market owing to automotive interiors such as seat covers, door panel, steering wheel, dashboard, and so on made of composite material. Composite materials