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Composites Tube Market Trends and Forecast

The future of the global composites tube market looks promising with opportunities in the transportation, electrical, sports & leisure, telecommunication, industrial, robotics & automation market. The global composites tube market is expected to reach an estimated $851.8 million by 2028 with a CAGR of 6.6% 2022 to 2028. The major drivers for this market is lower lifecycle cost compared to competing materials, such as steel, wood, and concrete and increasing demand for lightweight composite structures.