Reinforced Plastics Market by Fiber Type, by Polymers, by Application, by Region, Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027 - PowerPoint PPT Presentation

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Reinforced Plastics Market by Fiber Type, by Polymers, by Application, by Region, Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

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The global reinforced plastics market size is accounted to register a significant CAGR of over 4% during the forecast period 2021 to 2027. The rapidly growing construction industry across the globe is a primary factor to drive the market growth. The special properties of reinforced plastic such as lightweight, easy maintenance have increased the demand for the product in construction and building industry. Furthermore, increasing use in various end-use industries such as construction, automotive, aerospace, marine, and others is expected to provide some new opportunities in the market. Moreover, due to the availability of some natural fibers such as kenaf, flax, hemp, jute, and sisal, which have many properties such as lightweight, low cost and recycling are supporting the market growth. – PowerPoint PPT presentation

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Tags: forecast | share | size

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