The advanced composites end market in terms of value is expected to reach around US$24.9 bln by 2020, growing at a CAGR of 7.2% between 2015 and 2020, as per Research and Markets
Currently, North America is the largest consumer of advanced composites. Among all the countries in this region, the U.S. and Canada are important consumers of advanced composites. The U.S accounted for the largest share in the regional market, in terms of volume, in 2014
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