It is mainly used to mold components with large surface areas, complex shapes, and smooth finishes.The growth prospects of the RTM process are very good in the next five years due to increasing applications in the automotive and construction industries in emerging countries. RTM is a vacuum-assisted resin transfer process that uses a flexible solid counter tool for surface compression.This process yields increased laminate compression, high glass-to-resin ratio, and outstanding strength-to-weight characteristics. Resin Transfer Molding (RTM) manufacturing process is the fastest-growing manufacturinf process of composites, in terms of value. However, continuous lockdown in the US, Spain, Italy, India, and other countries has paused the production of automobile, aircraft parts, wind blade, and other components which has affected adversely to the composite manufacturers and might reduce the demand for composites from various end-use industries.

Thus, the companies are investing in R&D for the mass production of thermoplastic composites to reduce its cost. Thermoplastic composites are the fastest-growing resin type.The thermoplastic composites are easy to remold, and reform and hence can be reused. Thermoplastic composites is the fastest-growing resin type of composites, in terms of value. The use of natural fiber composites is growing as an alternative to glass fiber composites in many end-use industries. Natural fiber composites are projected to register the highest CAGR in terms of value between 20.Natural fibers, such as flax, hemp, jute, and kenaf, along with a polymer matrix, such as polypropylene, epoxy, polyethylene, or polyesters, form the natural fiber composite. Natural fiber composites are the fastest-growing fiber type of composites market in terms of value. However, global pandemic disease COVID-19 has forced the automotive, wind blade and aircraft manufacturers to shut down their operations which resulted into decreased demand for composites in 2020. 06, 2021 (GLOBE NEWSWIRE) - announces the release of the report 'Composites Market by Fiber Type, Resin Type, Manufacturing Process, End-use Industry and Region - Global Forecast to 2026'. Owing to these outstanding properties offered by the composites, conventional materials such as aluminum steel are preferred less in high performance applications. The composites offer exceptional properties, such as stiffness, strength, tenacity, density, and thermal & electrical conductivity, fatigue, and corrosion resistance.

Hilti anchors with epoxy