The composite material industry is witnessing significant growth, driven by the need for stronger, lighter, and more versatile materials. The report highlights the top 10 trends in the industry, including high-performance resins and adhesives, carbon fiber-based materials, and advanced polymer composites. Additionally, the report discusses the importance of sustainability, with trends such as circular materials economy and recyclable composites. The innovation map outlines the top 10 trends and 20 promising startups that are driving technological advancements in the industry. The report also provides insights on the impact of these trends and the companies driving them.
The report highlights various innovations, including robotic fiber placement, resin transfer molding, and novel material formulations. It also discusses the role of artificial intelligence in manufacturing, with investment expected to grow by 57% by 2026. The report concludes that the composite material industry is expected to continue to evolve, driven by the need for sustainable, high-performance materials that can be used across diverse industries. The report provides actionable insights for businesses looking to gain a competitive advantage in the industry.