The Plastics for Composites Market is expected to grow from US$ 23,337.24 million in 2022 to US$ 30,490.85 million by 2028; it is estimated to record a CAGR of 4.6% from 2022 to 2028.

Composites are materials that consist of two or more chemically and physically different phases separated by a distinct interface. Most commercially produced composites use a polymer matrix material, often called a resin solution. Commonly used polymer matrices include polyester, vinyl ester, epoxy, phenolic, polyimide, polyamide, polypropylene, and polyether ether ketone (PEEK). Low cost, easy processability, good chemical resistance, and low specific gravity are among the major advantages associated with polymer matrices.

Composite materials are made by combining two different materials having unique properties to achieve the best properties suitable for various applications. Polymer matrix composite is one of the various types of composite materials. As composite material is made by adding two phases-matrix and reinforcement fibers-in polymer matrix composites, polymers are included in a matrix phase and the other suitable materials are taken in the form of small fiber particles. Thermoset resins are the most widely used polymers in polymer matrix composites (PMCs).

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