In an effort to grow the composite manufacturing cluster in Rhode Island, a $125,000 federal grant was recently given by the U.S. Economic Development Administration (EDA) to the Rhode Island Marine Traders Association.
Increasing production of composites-rich commercial and regional aircraft, along with the development of new composite applications in different industries, are major growth drivers for the testing market in the composites industry.
July 26, 2017
The global composites testing market was reportedly valued at $1.2 billion in 2016 and is projected to witness a compound annual growth rate (CAGR) of 7.2% over the next five years to reach $1.9 billion in 2022.
Researchers at The University of Manchester, in collaboration with Central South University (CSU) in China, have created a new kind of ceramic coating that could revolutionize hypersonic travel for air, space and defense purposes.