Global aerospace composites market expected to reach approximately USD 53.87 billion by 2024, growing at a CAGR of around 11.25% between 2018 and 2024. Aerospace industry uses a wide variety of composites. Aerospace composites allow weight reduction of components by decreasing the fuel consumption and help in increasing engine efficiency.
Aerospace Composites Market
The Global Aerospace Composites Market report covers a forecast and an analysis of the aerospace composites market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the aerospace composites market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the aerospace composites market on a global level.
The report provides a transparent outlook on the aerospace composites market. We have included a detailed competitive scenario and portfolio of leading vendors operative in the aerospace composites market. To understand the competitive landscape in the aerospace composites market, an analysis of Porter’s Five Forces model for the aerospace composites market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their general attractiveness, market size, and their growth rate.
The report provides company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, product, and regional expansion of major participants involved in the market on a regional basis
The study provides a crucial view of the aerospace composites by segmenting the market based on resin, aircraft, application, and region. All these segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. Based on resin, the aerospace composites market is classified into epoxy, phenolic, polyester, thermoplastics, polyimides, ceramic, and metal matrix. Commercial aircraft, single engine piston, helicopters, military aircraft, and spacecraft form this market’s aircraft segment. By fiber type, the market is classified into carbon fiber composites, ceramic fiber composites, glass fiber composites, and others. Interior and exterior comprise the application segment of the aerospace composites market. The regional segmentation comprises the current and forecast demand for the Middle East and Africa, North America, Europe, Latin America, and Asia Pacific with its further division into major countries including the U.S., France, UK, Germany, China, India, Japan, and Brazil.
Some key players of the aerospace composites market are Solvay Group, Royal Tencate N.V., Hexcel Corp., Toray Industries, Inc., Teijin Limited, SGL Group—The Carbon Company, Materion Corporation, Owens Corning, Mitsubishi Rayon Co. Ltd., Gurit, General Electric, Rolls Royce, Honeywell International, Advanced Composites, Kineco-Kaman, Nippon Graphite Fiber, Quantum Composites, Hyosung, Hexion, Renegade Materials Corporation, and E. I. Du Pont Nemours & Co., among others.
Global Aerospace Composites Market: Resin Analysis
Global Aerospace Composites Market: Aircraft Analysis
Global Aerospace Composites Market: Fiber Type Analysis
Global Aerospace Composites Market: Application Analysis
Zion Market Research
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