According to a new market report published by Lucintel, the future of the global composites market looks bright, with opportunities in the transportation, construction, wind energy, pipe and tank, marine, consumer goods, electrical/electronic, aerospace, and others. The global composites market is expected to reach an estimated $37.3 billion by 2021 and it is forecast to grow at a CAGR of 5.1% from 2016 to 2021. The major drivers of growth for this market are double-digit growth in wind energy and strong growth in aerospace market. Increasing urban population and high growth in the building and infrastructure development are other major drivers.