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Monday, April 26, 2021

Aerospace Composites Materials Market is anticipated to grow at a CAGR of 1.7% during 2020-2025

 The global aerospace composites materials market is projected to reach $3.3 billion by 2025, at a CAGR of 1.7% during 2020-2025. The growth of aerospace composites materials market is driven by growing demand for lightweight materials to increase fuel efficiency and growth of aircraft with high composites penetration such B787, A350WXB, and A380.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the aerospace composites materials market by aircraft type (commercial aircraft, regional aircraft, general aviation, helicopter, military aircraft, others), by reinforcement type (carbon composites, glass composites, aramid composites, others)), manufacturing process (hand lay-up, AFP/ATL, RTM, injection molding, compression molding, others), type of structure (primary structure interior, engine, others), component (wing, fuselage, empennage, engine, interior, rotor blade, radome, landing gear, others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the aerospace composites materials market?

Q.4 What are some changing demands of customers in the aerospace composites materials market?

Q.5 What are the new developments in the aerospace composites materials market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this aerospace composites materials area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this aerospace composites materials market?

Emerging trends, which have a direct impact on the dynamics of the industry, include includes the recycling of advanced composites.

Download Brochure of this report by clicking on https://www.lucintel.com/aerospace-composites-materials-market.aspx  

Market Segmentation:

Based on reinforcement, the aerospace composite materials market is segmented into carbon composites, glass composites, aramid composites, others. The carbon composites segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to the increasing penetration of carbon composites in commercial aircraft, such as B787 and A350XWB is expected to drive the demand for this segment.

North America is expected to be the largest region with the highest growth over the forecast period due to a higher demand for newer aircraft and the ongoing replacement of an aging fleet.

Key Players in the aerospace composite materials market are Hexcel Corporation, TenCate Advanced Composites, Toray Industries Inc., Teijin Limited, Cytec Solvay Group, Zodiac Aerospace, Spirit AeroSystems, Inc., Elbit Systems and others.

Request Sample Pages by clicking on

https://www.lucintel.com/aerospace-composites-materials-market.aspx

The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.

To read more about this market please click on https://www.lucintel.com/aerospace-composites-materials-market.aspx

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: 
brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

 

 

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