![]() ![]() Resin transfer molding also provides benefits including low material wastage, low environmental impact, enhanced surface quality, and dimensional tolerances, driving its usage in the industry in the near future. This process is compatible for making molding components with an excellent smooth finish, complex shapes, and large surface areas. The RTM process will be increasing at a rate of 7.8% during 2021 to 2027. Moreover, its extensive use as an alternative due to its enhanced surface appearance and mechanical properties will further enhance industry penetration. Key factors including exceptional resistance against chemicals & moisture and improved electrical characteristics of this resin will drive its usage in the industry. Thermoset resin will account for a major stake in the global automotive composites industry during the study timeframe. Request for a sample of this research report The superior characteristics of natural fibers, such as excellent moisture resistance, reduction in carbon footprint, and eco-friendliness, will again drive product development over the study timeframe. Natural fibers including hemp, jute, kenaf, sisal, etc., possess lower density than glass products, which make them an ideal choice for automakers globally. Natural fibers will witness 8.5% CAGR in the global automotive composites market through 2027. ![]()
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