Based on current analysis, the global marine composites market was valued at USD 4,216.3 Million in 2020 and is expected to reach USD 7,024.6 Million by 2028, at a CAGR of 6.5% Aramid Fiber Marine Composites provide excellent strength to weight ratios, make materials resistant to corrosion, require low maintenance cost and improves flexibility. North America is dominating the Aramid Fiber Marine Composites market and is likely to remain the revenue-generating region during the forecast period.
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