As per the research conducted by GME, the Global Polymer Matrix Composites Market is expected to grow from USD 15.21 billion in 2021 to reach USD 23.43 billion by 2026, with a CAGR value of around 10.12%. The growing use of silicone-based composites in the fabrication of printed circuit boards and components that necessitate high heat and electrical resistance is boosting the global composites demand in the market