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Thermoplastic Composites Market Trends and Forecast

The future of the global thermoplastic composites market looks promising with opportunities in the transportation, consumer goods, industrial, and construction market. The global thermoplastic composites market is expected to reach an estimated $27.6 billion by 2028 with a CAGR of 5.5% 2022 to 2028. The major drivers for this market are growing demand for lightweight and environmentally sustainable materials, and the replacement of metals with composites in different end use industries.