Global Aerospace Composites Market Size, Share, Growth Trends Analysis and Forecast 2032
Aerospace Composites Market by Resin (Epoxy, Phenolic, Polyester, Thermoplastics, Polyimides, Ceramic, and Metal Matrix), by Aircraft (Commercial Aircraft, Single Engine Piston, Helicopters, Military Aircraft, and Spacecraft), by Fiber Type (Carbon Fiber Composites, Ceramic Fiber Composites, Glass Fiber Composites, and Others), by Application (Interior and Exterior), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast 2024-2032
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 32.31 Billion | USD 71.94 Billion | 9.3% | 2023 |
Table Of Content
- Chapter 1. Preface
- 1.1. Report description and scope
- 1.2. Research scope
- 1.3. Research methodology
- 1.3.1. Market research process
- 1.3.2. Market research methodology
- Chapter 2. Executive Summary
- 2.1. Global Aerospace Composites Market, 2017 - 2024, (USD Billion)
- 2.2. Aerospace Composites Market: Market snapshot
- Chapter 3. Global Aerospace Composites Market - Industry Analysis
- 3.1. Aerospace Composites market: Market dynamics
- 3.2. Market Drivers
- 3.2.1. Increasing use of aerospace composites in commercial aircraft
- 3.2.2. Replacement of old aircraft and escalation in production to expedite processing of purchase order backlogs
- 3.3. Restraints
- 3.3.1. Issues related to recyclability
- 3.4. Opportunity
- 3.4.1. Increase in number of aircraft deliveries globally
- 3.5. PESTEL Analysis
- 3.6. Porter's Five Forces Analysis
- 3.7. Market Attractiveness Analysis
- 3.7.1. Market attractiveness analysis by resin segment
- 3.7.2. Market attractiveness analysis by aircraft segment
- 3.7.3. Market attractiveness analysis by fiber type segment
- 3.7.4. Market attractiveness analysis by application segment
- 3.7.5. Market attractiveness analysis by regional segment
- Chapter 4. Global Aerospace Composites Market - Competitive Landscape
- 4.1. Company market share analysis, 2017
- 4.2. Strategic Development
- 4.2.1. Acquisitions and Mergers
- 4.2.2. New Product Launch
- 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
- 4.2.4. Research and Development, Product and Regional Expansion
- 4.3. Product Portfolio
- Chapter 5. Aerospace Composites Market - Resin Segment Analysis
- 5.1. Global Aerospace Composites market revenue share, by resin, 2017 & 2024
- 5.2. Global Aerospace Composites market by epoxy, 2015 - 2024 (USD Billion)
- 5.3. Global Aerospace Composites market by phenolic, 2015 - 2024 (USD Billion)
- 5.4. Global Aerospace Composites market by polyester, 2015 - 2024 (USD Billion)
- 5.5. Global Aerospace Composites market by polyimides, 2015 - 2024 (USD Billion)
- 5.6. Global Aerospace Composites market by thermoplastics, 2015 - 2024 (USD Billion)
- 5.7. Global Aerospace Composites market by ceramic, 2015 - 2024 (USD Billion)
- 5.8. Global Aerospace Composites market by metal matrix, 2015 - 2024 (USD Billion)
- Chapter 6. Global Aerospace Composites Market - Aircraft Segment Analysis
- 6.1. Global Aerospace Composites market revenue share, by aircraft, 2017 & 2024
- 6.2. Global Aerospace Composites market for commercial aircraft, 2015 - 2024 (USD Billion)
- 6.3. Global Aerospace Composites market for single engine piston, 2015 - 2024 (USD Billion)
- 6.4. Global Aerospace Composites market for military aircraft, 2015 - 2024 (USD Billion)
- 6.5. Global Aerospace Composites market for helicopters, 2015 - 2024 (USD Billion)
- 6.6. Global Aerospace Composites market for spacecraft, 2015 - 2024 (USD Billion)
- Chapter 7. Global Aerospace Composites Market - Fiber Type Segment Analysis
- 7.1. Global Aerospace Composites market revenue share, by fiber type, 2017 & 2024
- 7.2. Global Aerospace Composites market for carbon fiber composites, 2015 - 2024 (USD Billion)
- 7.3. Global Aerospace Composites market for ceramic fiber composites, 2015 - 2024 (USD Billion)
- 7.4. Global Aerospace Composites market for glass fiber composites, 2015 - 2024 (USD Billion)
- 7.5. Global Aerospace Composites market for others, 2015 - 2024 (USD Billion)
- Chapter 8. Global Aerospace Composites Market - Application Segment Analysis
- 8.1. Global Aerospace Composites market revenue share, for application, 2017 & 2024
- 8.2. Global Aerospace Composites market for interior, 2015 - 2024 (USD Billion)
- 8.3. Global Aerospace Composites market for exterior, 2015 - 2024 (USD Billion)
- Chapter 9. Aerospace Composites Market - Regional Analysis
- 9.1. Global Aerospace Composites market: Regional overview
- 9.1.1. Global Aerospace Composites market revenue share, by region, 2017 and 2024
- 9.2. North America
- 9.2.1. North America Aerospace Composites market revenue, by resin, 2015 - 2024 (USD Billion)
- 9.2.2. North America Aerospace Composites market revenue, by aircraft, 2015 - 2024 (USD Billion)
- 9.2.3. North America Aerospace Composites market revenue, by fiber type, 2015 - 2024 (USD Billion)
- 9.2.4. North America Aerospace Composites market revenue, by application, 2015 - 2024 (USD Billion)
- 9.2.5. The U.S.
- 9.2.5.1. The U.S. Aerospace Composites market revenue, by resin, 2015 - 2024 (USD Billion)
- 9.2.5.2. The U.S. Aerospace Composites market revenue, by aircraft, 2015 - 2024 (USD Billion)
- 9.2.5.3. The U.S. Aerospace Composites market revenue, by fiber type, 2015 - 2024 (USD Billion)
- 9.2.5.4. The U.S. Aerospace Composites market revenue, by application, 2015 - 2024 (USD Billion)
- 9.3. Europe
- 9.3.1. Europe Aerospace Composites market revenue, by resin, 2015 - 2024 (USD Billion)
- 9.3.2. Europe Aerospace Composites market revenue, by aircraft, 2015 - 2024 (USD Billion)
- 9.3.3. Europe Aerospace Composites market revenue, by fiber type, 2015 - 2024 (USD Billion)
- 9.3.4. Europe Aerospace Composites market revenue, by application, 2015 - 2024 (USD Billion)
- 9.3.5. U.K.
- 9.3.5.1. U.K. Aerospace Composites market revenue, by resin, 2015 - 2024 (USD Billion)
- 9.3.5.2. U.K. Aerospace Composites market revenue, by aircraft, 2015 - 2024 (USD Billion)
- 9.3.5.3. U.K. Aerospace Composites market revenue, by fiber type, 2015 - 2024 (USD Billion)
- 9.3.5.4. U.K. Aerospace Composites market revenue, by application, 2015 - 2024 (USD Billion)
- 9.3.6. France
- 9.3.6.1. France Aerospace Composites market revenue, by resin, 2015 - 2024 (USD Billion)
- 9.3.6.2. France Aerospace Composites market revenue, by aircraft, 2015 - 2024 (USD Billion)
- 9.3.6.3. France Aerospace Composites market revenue, by fiber type, 2015 - 2024 (USD Billion)
- 9.3.6.4. France Aerospace Composites market revenue, by application, 2015 - 2024 (USD Billion)
- 9.3.7. Germany
- 9.3.7.1. Germany Aerospace Composites market revenue, by resin, 2015 - 2024 (USD Billion)
- 9.3.7.2. Germany Aerospace Composites market revenue, by aircraft, 2015 - 2024 (USD Billion)
- 9.3.7.3. Germany Aerospace Composites market revenue, by fiber type, 2015 - 2024 (USD Billion)
- 9.3.7.4. Germany Aerospace Composites market revenue, by application, 2015 - 2024 (USD Billion)
- 9.4. Asia Pacific
- 9.4.1. Asia Pacific Aerospace Composites market revenue, by resin, 2015 - 2024 (USD Billion)
- 9.4.2. Asia Pacific Aerospace Composites market revenue, by aircraft, 2015 - 2024 (USD Billion)
- 9.4.3. Asia Pacific Aerospace Composites market revenue, by fiber type, 2015 - 2024 (USD Billion)
- 9.4.4. Asia Pacific Aerospace Composites market revenue, by application, 2015 - 2024 (USD Billion)
- 9.4.5. China
- 9.4.5.1. China Aerospace Composites market revenue, by resin, 2015 - 2024 (USD Billion)
- 9.4.5.2. China Aerospace Composites market revenue, by aircraft, 2015 - 2024 (USD Billion)
- 9.4.5.3. China Aerospace Composites market revenue, by fiber type, 2015 - 2024 (USD Billion)
- 9.4.5.4. China Aerospace Composites market revenue, by application, 2015 - 2024 (USD Billion)
- 9.4.6. Japan
- 9.4.6.1. Japan Aerospace Composites market revenue, by resin, 2015 - 2024 (USD Billion)
- 9.4.6.2. Japan Aerospace Composites market revenue, by aircraft, 2015 - 2024 (USD Billion)
- 9.4.6.3. Japan Aerospace Composites market revenue, by fiber type, 2015 - 2024 (USD Billion)
- 9.4.6.4. Japan Aerospace Composites market revenue, by application, 2015 - 2024 (USD Billion)
- 9.4.7. India
- 9.4.7.1. India Aerospace Composites market revenue, by resin, 2015 - 2024 (USD Billion)
- 9.4.7.2. India Aerospace Composites market revenue, by aircraft, 2015 - 2024 (USD Billion)
- 9.4.7.3. India Aerospace Composites market revenue, by fiber type, 2015 - 2024 (USD Billion)
- 9.4.7.4. India Aerospace Composites market revenue, by application, 2015 - 2024 (USD Billion)
- 9.5. Latin America
- 9.5.1. Latin America Aerospace Composites market revenue, by resin, 2015 - 2024 (USD Billion)
- 9.5.2. Latin America Aerospace Composites market revenue, by aircraft, 2015 - 2024 (USD Billion)
- 9.5.3. Latin America Aerospace Composites market revenue, by fiber type, 2015 - 2024 (USD Billion)
- 9.5.4. Latin America Aerospace Composites market revenue, by application, 2015 - 2024 (USD Billion)
- 9.5.5. Brazil
- 9.5.5.1. Brazil Aerospace Composites market revenue, by resin, 2015 - 2024 (USD Billion)
- 9.5.5.2. Brazil Aerospace Composites market revenue, by aircraft, 2015 - 2024 (USD Billion)
- 9.5.5.3. Brazil Aerospace Composites market revenue, by fiber type, 2015 - 2024 (USD Billion)
- 9.5.5.4. Brazil Aerospace Composites market revenue, by application, 2015 - 2024 (USD Billion)
- 9.6. The Middle East and Africa
- 9.6.1. The Middle East and Africa Aerospace Composites market revenue, by resin, 2015 - 2024 (USD Billion)
- 9.6.2. The Middle East and Africa Aerospace Composites market revenue, by aircraft, 2015 - 2024 (USD Billion)
- 9.6.3. The Middle East and Africa Aerospace Composites market revenue, by fiber type, 2015 - 2024 (USD Billion)
- 9.6.4. The Middle East and Africa Aerospace Composites market revenue, by application, 2015 - 2024 (USD Billion)
- 9.1. Global Aerospace Composites market: Regional overview
- Chapter 10. Company Profiles
- 10.1. Solvay Group
- 10.1.1. Overview
- 10.1.2. Financials
- 10.1.3. Type portfolio
- 10.1.4. Business strategy
- 10.1.5. Recent developments
- 10.2. Hexcel Corp.
- 10.2.1. Overview
- 10.2.2. Financials
- 10.2.3. Type portfolio
- 10.2.4. Business strategy
- 10.2.5. Recent developments
- 10.3. Royal Tencate N.V.
- 10.3.1. Overview
- 10.3.2. Financials
- 10.3.3. Type portfolio
- 10.3.4. Business strategy
- 10.3.5. Recent developments
- 10.4. Teijin Limited
- 10.4.1. Overview
- 10.4.2. Financials
- 10.4.3. Type portfolio
- 10.4.4. Business strategy
- 10.4.5. Recent developments
- 10.5. Toray Industries, Inc.
- 10.5.1. Overview
- 10.5.2. Financials
- 10.5.3. Type portfolio
- 10.5.4. Business strategy
- 10.5.5. Recent developments
- 10.6. SGL Group—The Carbon Company
- 10.6.1. Overview
- 10.6.2. Financials
- 10.6.3. Type portfolio
- 10.6.4. Business strategy
- 10.6.5. Recent developments
- 10.7. Owens Corning
- 10.7.1. Overview
- 10.7.2. Financials
- 10.7.3. Type portfolio
- 10.7.4. Business strategy
- 10.7.5. Recent developments
- 10.8. Materion Corporation
- 10.8.1. Overview
- 10.8.2. Financials
- 10.8.3. Type portfolio
- 10.8.4. Business strategy
- 10.8.5. Recent developments
- 10.9. Mitsubishi Rayon Co. Ltd.
- 10.9.1. Overview
- 10.9.2. Financials
- 10.9.3. Type portfolio
- 10.9.4. Business strategy
- 10.9.5. Recent developments
- 10.10. Renegade Materials Corporation
- 10.10.1. Overview
- 10.10.2. Financials
- 10.10.3. Type portfolio
- 10.10.4. Business strategy
- 10.10.5. Recent developments
- 10.11. Gurit
- 10.11.1. Overview
- 10.11.2. Financials
- 10.11.3. Type portfolio
- 10.11.4. Business strategy
- 10.11.5. Recent developments
- 10.12. General Electric
- 10.12.1. Overview
- 10.12.2. Financials
- 10.12.3. Type portfolio
- 10.12.4. Business strategy
- 10.12.5. Recent developments
- 10.13. Rolls Royce
- 10.13.1. Overview
- 10.13.2. Financials
- 10.13.3. Type portfolio
- 10.13.4. Business strategy
- 10.13.5. Recent developments
- 10.14. Honeywell International
- 10.14.1. Overview
- 10.14.2. Financials
- 10.14.3. Type portfolio
- 10.14.4. Business strategy
- 10.14.5. Recent developments
- 10.15. Advanced Composites
- 10.15.1. Overview
- 10.15.2. Financials
- 10.15.3. Type portfolio
- 10.15.4. Business strategy
- 10.15.5. Recent developments
- 10.16. Kineco-Kaman
- 10.16.1. Overview
- 10.16.2. Financials
- 10.16.3. Type portfolio
- 10.16.4. Business strategy
- 10.16.5. Recent developments
- 10.17. Nippon Graphite Fiber
- 10.17.1. Overview
- 10.17.2. Financials
- 10.17.3. Type portfolio
- 10.17.4. Business strategy
- 10.17.5. Recent developments
- 10.18. Quantum Composites
- 10.18.1. Overview
- 10.18.2. Financials
- 10.18.3. Type portfolio
- 10.18.4. Business strategy
- 10.18.5. Recent developments
- 10.19. Hyosung
- 10.19.1. Overview
- 10.19.2. Financials
- 10.19.3. Type portfolio
- 10.19.4. Business strategy
- 10.19.5. Recent developments
- 10.20. Hexion
- 10.20.1. Overview
- 10.20.2. Financials
- 10.20.3. Type portfolio
- 10.20.4. Business strategy
- 10.20.5. Recent developments
- 10.21. E. I. Du Pont Nemours & Co.
- 10.21.1. Overview
- 10.21.2. Financials
- 10.21.3. Type portfolio
- 10.21.4. Business strategy
- 10.21.5. Recent developments
- 10.1. Solvay Group
Table Of Figures
List of Figures
1. Global Aerospace Composites market segmentation by resin, aircraft, fiber type, application, and geography
2. Global Aerospace Composites market, 2017 - 2024 (USD Billion)
3. Porter’s Five Forces Analysis: Aerospace Composites market
4. Global Aerospace Composites market attractiveness, by resin
5. Global Aerospace Composites market attractiveness, by aircraft
6. Global Aerospace Composites market attractiveness, by fiber type
7. Global Aerospace Composites market attractiveness, by application
8. Global Aerospace Composites market attractiveness, by region
9. Global Aerospace Composites market revenue share, by resin, 2017 & 2024
10. Global Aerospace Composites market by epoxy, 2015 – 2024 (USD Billion)
11. Global Aerospace Composites market by phenolic, 2015 – 2024 (USD Billion)
12. Global Aerospace Composites market by polyester, 2015 – 2024 (USD Billion)
13. Global Aerospace Composites market by polyimides, 2015 – 2024 (USD Billion)
14. Global Aerospace Composites market by thermoplastics, 2015 – 2024 (USD Billion)
15. Global Aerospace Composites market by ceramic, 2015 – 2024 (USD Billion)
16. Global Aerospace Composites market by metal matrix, 2015 – 2024 (USD Billion)
17. Global Aerospace Composites market revenue share, by aircraft, 2017 & 2024
18. Global Aerospace Composites market revenue share, by aircraft, 2017 & 2024
19. Global Aerospace Composites market by commercial aircraft, 2015 – 2024 (USD Billion)
20. Global Aerospace Composites market by single engine piston, 2015 – 2024 (USD Billion)
21. Global Aerospace Composites market by military aircraft, 2015 – 2024 (USD Billion)
22. Global Aerospace Composites market by helicopters, 2015 – 2024 (USD Billion)
23. Global Aerospace Composites market revenue share, by fiber type, 2017 & 2024
24. Global Aerospace Composites market by carbon fiber composites, 2015 – 2024 (USD Billion)
25. Global Aerospace Composites market by ceramic fiber composites, 2015 – 2024 (USD Billion)
26. Global Aerospace Composites market by glass fiber composites, 2015 – 2024 (USD Billion)
27. Global Aerospace Composites market by others, 2015 – 2024 (USD Billion)
28. Global Aerospace Composites market revenue share, for application, 2017 & 2024
29. Global Aerospace Composites market for interior, 2015 – 2024 (USD Billion)
30. Global Aerospace Composites market for exterior, 2015 – 2024 (USD Billion)
31. Global Aerospace Composites market revenue share, by region, 2017 - 2024
32. North America Aerospace Composites market, 2015 - 2024, (USD Billion)
33. Europe Aerospace Composites market, 2015 - 2024, (USD Billion)
34. Asia Pacific Aerospace Composites market, 2015 – 2024, (USD Billion)
35. Latin America Aerospace Composites market, 2015-2024, (USD Billion)
36. The Middle East and Africa Aerospace Composites market, 2015 – 2024, (USD Billion)
Table Of Tables
List of Tables
1. Global Aerospace Composites market snapshot
2. Drivers for Aerospace Composites market: Impact analysis
3. Restraints of Aerospace Composites market: Impact analysis
4. North America Aerospace Composites market revenue, by resin, 2015 – 2024 (USD Billion)
5. North America Aerospace Composites market revenue, by aircraft, 2015 – 2024 (USD Billion)
6. North America Aerospace Composites market revenue, by fiber type, 2015 – 2024 (USD Billion)
7. North America Aerospace Composites market revenue, by application, 2015 – 2024 (USD Billion)
8. The U.S. Aerospace Composites market revenue, by resin, 2015 – 2024 (USD Billion)
9. The U.S. Aerospace Composites market revenue, by aircraft, 2015 – 2024 (USD Billion)
10. The U.S. Aerospace Composites market revenue, by fiber type, 2015 – 2024 (USD Billion)
11. The U.S. Aerospace Composites market revenue, by application, 2015 – 2024 (USD Billion)
12. Europe Aerospace Composites market revenue, by resin, 2015 – 2024 (USD Billion)
13. Europe Aerospace Composites market revenue, by aircraft, 2015 – 2024 (USD Billion)
14. Europe Aerospace Composites market revenue, by fiber type, 2015 – 2024 (USD Billion)
15. Europe Aerospace Composites market revenue, by application, 2015 – 2024 (USD Billion)
16. U.K. Aerospace Composites market revenue, by resin, 2015 – 2024 (USD Billion)
17. U.K. Aerospace Composites market revenue, by aircraft, 2015 – 2024 (USD Billion)
18. U.K. Aerospace Composites market revenue, by fiber type, 2015 – 2024 (USD Billion)
19. U.K. Aerospace Composites market revenue, by application, 2015 – 2024 (USD Billion)
20. France Aerospace Composites market revenue, by resin, 2015 – 2024 (USD Billion)
21. France Aerospace Composites market revenue, by aircraft, 2015 – 2024 (USD Billion)
22. France Aerospace Composites market revenue, by fiber type, 2015 – 2024 (USD Billion)
23. France Aerospace Composites market revenue, by application, 2015 – 2024 (USD Billion)
24. Germany Aerospace Composites market revenue, by resin, 2015 – 2024 (USD Billion)
25. Germany Aerospace Composites market revenue, by aircraft, 2015 – 2024 (USD Billion)
26. Germany Aerospace Composites market revenue, by fiber type, 2015 – 2024 (USD Billion)
27. Germany Aerospace Composites market revenue, by application, 2015 – 2024 (USD Billion)
28. Asia Pacific Aerospace Composites market revenue, by resin, 2015 – 2024 (USD Billion)
29. Asia Pacific Aerospace Composites market revenue, by aircraft, 2015 – 2024 (USD Billion)
30. Asia Pacific Aerospace Composites market revenue, by fiber type, 2015 – 2024 (USD Billion)
31. Asia Pacific Aerospace Composites market revenue, by application, 2015 – 2024 (USD Billion)
32. China Aerospace Composites market revenue, by resin, 2015 – 2024 (USD Billion)
33. China Aerospace Composites market revenue, by aircraft, 2015 – 2024 (USD Billion)
34. China Aerospace Composites market revenue, by fiber type, 2015 – 2024 (USD Billion)
35. China Aerospace Composites market revenue, by application, 2015 – 2024 (USD Billion)
36. Japan Aerospace Composites market revenue, by resin, 2015 – 2024 (USD Billion)
37. Japan Aerospace Composites market revenue, by aircraft, 2015 – 2024 (USD Billion)
38. Japan Aerospace Composites market revenue, by fiber type, 2015 – 2024 (USD Billion)
39. Japan Aerospace Composites market revenue, by application, 2015 – 2024 (USD Billion)
40. India Aerospace Composites market revenue, by resin, 2015 – 2024 (USD Billion)
41. India Aerospace Composites market revenue, by aircraft, 2015 – 2024 (USD Billion)
42. India Aerospace Composites market revenue, by fiber type, 2015 – 2024 (USD Billion)
43. India Aerospace Composites market revenue, by application, 2015 – 2024 (USD Billion)
44. Latin America Aerospace Composites market revenue, by resin, 2015 – 2024 (USD Billion)
45. Latin America Aerospace Composites market revenue, by aircraft, 2015 – 2024 (USD Billion)
46. Latin America Aerospace Composites market revenue, by fiber type, 2015 – 2024 (USD Billion)
47. Latin America Aerospace Composites market revenue, by application, 2015 – 2024 (USD Billion)
48. Brazil Aerospace Composites market revenue, by resin, 2015 – 2024 (USD Billion)
49. Brazil Aerospace Composites market revenue, by aircraft, 2015 – 2024 (USD Billion)
50. Brazil Aerospace Composites market revenue, by fiber type, 2015 – 2024 (USD Billion)
51. Brazil Aerospace Composites market revenue, by application, 2015 – 2024 (USD Billion)
52. The Middle East and Africa Aerospace Composites market revenue, by resin, 2015 – 2024 (USD Billion)
53. The Middle East and Africa Aerospace Composites market revenue, by aircraft, 2015 – 2024 (USD Billion)
54. The Middle East and Africa Aerospace Composites market revenue, by fiber type, 2015 – 2024 (USD Billion)
55. The Middle East and Africa Aerospace Composites market revenue, by application, 2015 – 2024 (USD Billion)
Methodology
FrequentlyAsked Questions
Aerospace composites are lightweight, high-strength materials used in aircraft and spacecraft. They improve fuel efficiency and structural performance.
The global aerospace composites market is expected to be driven by the aircraft lightweighting, fuel efficiency needs, and rising commercial and defense aircraft production.
According to study, the global aerospace composites market size was worth around USD 32.31 Billion in 2023 and is predicted to grow to around USD 71.94 Billion By 2032.
The global aerospace composites market is expected to grow at a Compound Annual Growth Rate (CAGR) of around CAGR 9.3% during the forecast period from 2024-2032.
The global aerospace composites industry is projected to be challenged by Major challenges include high material and processing costs, long certification timelines, and recyclability concerns. Supply chain constraints and skilled labor shortages affect scale.
The Opportunities include lightweight airframes, fuel efficiency targets, and next-gen aircraft programs. Automation, out-of-autoclave processes, and recycling solutions expand scale will offer significant growth opportunities in the aerospace composites market.
Lightweight high-strength composites; automated fiber placement; increased use in fuel-efficient aircraft are the emerging trends and innovations impacting the aerospace composites market.
The global aerospace composites market is expected to be led by North America during the forecast period.
Some of the prominent players operating in the global 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. and others.
The report explores crucial aspects of the aerospace composites market, including a detailed discussion of existing growth factors and restraints, while also browsing future growth opportunities and challenges that impact the market.
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