Global Aerospace Composites Market Analysis, Growth, Trends & Forecast 2018-2023 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The "Global
Aerospace Composites Market – Growth, Trends and Forecast (2018 – 2023)"
report has been added to ResearchAndMarkets.com's
offering.

The global aerospace composites market is expected to register a CAGR
close to 7% during the forecast period.

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. It offers superior strength to weight ratio, high chemical
resistance, high stiffness, low thermal expansion, and its mechanical
properties can be tailored based on application.

The use of composite materials in commercial transport aircraft is
attractive because reduced airframe weight enables better fuel economy,
and therefore, lowers operating costs. Reduced maintenance and longer
design life, fewer parts, and reduced tooling and assembly costs are
some of the reasons, which drive the market for carbon fiber in the
aerospace industry.

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 industry. The growth is mainly
driven by the increasing consumption of aerospace composites in exterior
and interior parts in commercial and military aircraft. The US is the
largest consumer of aerospace composites globally, in terms of value and
volume and is expected to strengthen its position further during the
forecast period.

Companies Mentioned

• Bally Ribbon Mills
• Mitsubishi Chemical Composites And Composites
• Toho Tenax
• Toray Industries
• SGL Carbon
• Hexcel
• Cytec C Solvay Group
• DuPont

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Overview And Technology Trends

5. Market Dynamics

6. Global aerospace composites Market, Segmented By Fiber Type

7. Global aerospace composites Market, Segmented By Application

8. Global aerospace composites Market, Segmented By Geography

9. Competitive Landscape

10. Company Profiles

11. Future Outlook

12. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/research/vxpffb/global_aerospace?w=4

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Related
Topics: Commercial
Aerospace, Composites