A novel composite material has been developed by scientists at Swansea University.

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.

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. 

The global ceramic matrix composites (CMCs) market in aircraft engines offers an exceptional growth opportunity during the forecast period of 2017 to 2022.

Amedica Corp. recently announced its preliminary unaudited earnings report for the fourth quarter and fiscal year ended December 31, 2016, and provided a business update related to its business strategy and certain recent developments.

Hexcel Corp. recently announced that it has entered into exclusive negotiations to acquire all of the shares of Structil SA, a French producer and supplier of high-performance composites.

The global glass fiber market is expected to reach an estimated $9.4 billion by 2022 and grow at a compound annual growth rate (CAGR) of 4.8% from 2017 to 2022.