Why is the UK leading the way in the composites industry?
- The UK composite materials sector predicts that the UK market will grow from £2.3bn in 2015 to £12bn by 2030 driven by the need to develop light weight structures for energy efficiency, cost savings and to meet carbon reduction targets.
- Driven by need for the benefits of composites, such as light/right-weighting, low maintenance and significantly reduced through life costs, there is major opportunity for the application of these materials across many industry sectors where the UK is leading the way.
- There will be accelerating organic growth in the established composites-using sectors like Aerospace, Motorsport and Renewables, together with the emergence of substantial new markets for composites products in sectors such as Automotive, Rail, Oil and Gas (all industries where the UK has a considerable market share).
For these reasons DIT continues to focus on supporting the UK composites industry to ensure it remains a pioneer in the development of composite products development.
