The automotive industry is one of the industries where invention and innovations are taking place rapidly. Part suppliers are usually directly or indirectly involved in the continuous research and development to beat up the rivals. There is one big change that is being experienced is the replacement of many metal components with the fibre components. The high-performance polymers are budget-friendly and standardized according to the automotive standards. As an example, carbon fibre reinforced composites are 50% lighter than conventional steel and 30% lighter than aluminium while retaining the strength properties on par with steel and aluminium, making them an attractive alternative for parts suppliers and manufacturers.
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