Global Aerospace Carbon Fiber Market 2018-2023: An Etihad, Siemens, And Strata Partnership has Developed the First 3D Printed Aircraft Parts – Research and Markets

DUBLIN–(BUSINESS WIRE)–The "Global
Aerospace Carbon Fiber Market – Analysis of Growth, Trends and
Challenges – Market Forecast and Analysis (2018 – 2023)" report
has been added to Research and Markets' offering.

The global aerospace carbon fiber market is expected to reach USD
828.12 million by 2022, at an estimated CAGR of 12.86%.

Demand for fuel efficient and long haul aircrafts, are the major driving
factors for the carbon fiber composite industry. Use of carbon fiber
composites in wings, can reduce the weight of the aircraft by 50,000
pounds. Other drivers include, increasing penetration of carbon fiber in
commercial aircraft (B787 and A380), wind turbine blades, and other
aerospace applications.

North America is expected to remain the largest market, due to the
augmentation in the end-use industries, and an increasing demand for
lightweight materials in the aerospace and automotive industries.
Asia-Pacific carbon fiber market is expected to witness the highest
boost over the forecast period, due to the anticipated boost in the
aviation sector, in the region. Increasing focus on high-performance
composite materials, including aftermarket sales for MRO, is probable
during the forecast period.

A recent partnership between UAE's Etihad Airways, Siemens AG, and
Strata Manufacturing PJSC, has developed the first 3D printed aircraft
parts in Asia, Middle East, and the UAE. Strata, a UAE-based advanced
composite aero structures manufacturing company, has signed a Memorandum
of Understanding (MoU), to collaborate with India-based Reliance Defence
Limited (RDL) on advanced capabilities for aerospace composite
manufacturing.

The agreement helps to not only investigate opportunities in 3D printing
aerospace components, and producing varieties in carbon fiber composite
aero structures, but also deepen the political and economic bilateral
ties between India, and the UAE. The material science and 3D printing
technology are set to become industrial game changers, with a number of
carbon fiber applications going beyond the aerospace segments, into
other manufacturing segments.

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Overview And Trends

4. Market Dynamics

5. Global Aerospace Carbon Fiber Market Segmentation By Application

6. Global Aerospace Carbon Fiber Market Segmentation By Region

7. Competitive Landscape

8. Key Vendor Analysis (Overview, Products & Services, Strategies)

9. Disclaimer

Companies Mentioned

– Airbus

– Bally Ribbon Mills

– Boeing

– Cytec C Solvay Group

– Dupont

– Etihad Airways

– Hexcel

– Mitsubishi Chemical Carbon Fiber and Composites

– Sgl Carbon

– Siemens AG

– Strata Manufacturing

– Toho Tenax

– Toray Industries

For more information about this report visit https://www.researchandmarkets.com/research/6k66sn/global_aerospace

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Related
Topics: Advanced
Materials, Commercial
Aerospace