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High Temperature Composite Resin Market Trends and Forecast

The future of the global high temperature composite resin market looks promising with opportunities in the aerospace & defense, pipe & tank and electrical & electronics application market. The global high temperature composite resin market is expected to reach an estimated $1.1 billion by 2028 with a CAGR of 5.5% from 2022 to 2028. The major driver for the high temperature composite resin market is increasing demand for thermally stable materials in different end use industries, which requires parts that are lightweight and offer high heat resistance.