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Aerospace Composites Market 2022

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[155 Pages Report] Aerospace Composites Market research report categorizes the global market by Resin Type (Epoxy, Phenolic, Polyester, Polyimides, Thermoplastics, Ceramic and Metal Matrix), Fiber Type (Carbon, Glass, Ceramic), Aircraft Type, Manufacturing Process, Application & by Geography. – PowerPoint PPT presentation

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Title: Aerospace Composites Market 2022


1
Aerospace Composites Market to Rise at a CAGR of
9.85 by 2022
2
  • The report "Aerospace Composites Market by Fiber
    Type (Carbon, Glass, Ceramic), Resin Type (Epoxy,
    Phenolic, Polyester, Polyimides, Thermoplastics,
    Ceramic and Metal Matrix), Aircraft Type,
    Manufacturing Process, Application, Region -
    Global Forecast to 2022", The aerospace
    composites market is projected to reach USD 42.97
    Billion by 2022 from USD 26.87 Billion in 2017,
    at a CAGR of 9.85 from 2017 to 2022. The major
    factors fueling the growth of the aerospace
    composites market across the globe are the
    increasing use of aerospace composites in
    commercial and military aircraft.
  • Early buyers will receive 10 customization on
    this report.

3
  • Browse 76 Market Data Tables and 55 Figures
    spread through 155 Pages and in-depth TOC
    on "Aerospace Composites Market by Fiber Type
    (Carbon, Glass, Ceramic), Resin Type (Epoxy,
    Phenolic, Polyester, Polyimides, Thermoplastics,
    Ceramic and Metal Matrix), Aircraft Type,
    Manufacturing Process, Application, Region -
    Global Forecast to 2022"https//www.marketsandma
    rkets.com/Market-Reports/aerospace-composites-mark
    et-246663558.htmlIncreasing use of aerospace
    composites in the commercial aircraft segment is
    expected to drive the growth of the aerospace
    composites market from 2017 to 2022.
  • The use of aerospace composites in the commercial
    aircraft has gained momentum during the past few
    decades. Up to 53 of the latest Airbus aircraft
    A350XWB is made using aerospace composite
    materials as compared to old aircraft models,
    which used only 25 aerospace composites. The
    main reasons for the growing use of aerospace
    composites in commercial aircraft are the
    reduction in the weight of aircraft and high
    resistance offered against corrosion. Moreover,
    the maintenance costs for aircraft manufactured
    using aerospace composites are lower in
    comparison to the maintenance costs for aircraft
    manufactured using traditional materials.

4
Among fiber types, the carbon fiber composites
segment is projected to lead the aerospace
composites market during the forecast period in
terms of both, volume and value. Carbon fibers
account for over 70 of the reinforcements used
to manufacture aerospace composites across the
globe. There is an increasing demand for carbon
fiber composites in the aerospace and defense
aircraft, owing to their lightweight, high
inherent strength, weather-resistant finish, and
variety in surface textures offered. As the
demand for carbon fiber composites is increasing
across the globe, several companies are investing
in setting up their carbon fiber composites
manufacturing plants in North America and
Europe. North America is the largest market for
aerospace composites across the globe. North
America is the largest consumer of aerospace
composites across the globe. In addition, the
North American aerospace composites market is
projected to grow at the highest CAGR in terms of
both value and volume during the forecast period
from 2017 to 2022. The increasing use of
aerospace composites in the commercial and
military aircraft is the major factor driving the
growth of the North American aerospace composites
market.
5
Moreover, the presence of major aerospace
manufacturers and mass production of aerospace
parts using aerospace composites are driving the
growth of the North American aerospace composites
market. Some of the leading manufacturers of
composites include Owen Corning (US), Solvay
(Belgium), Hexcel Corporation (US), Royal Ten
Cate (Netherland), Teijin Limited (Japan), and
Toray Industries (Japan), among others. These
players have adopted various organic and
inorganic strategies to strengthen their foothold
in the aerospace composites market. Dont miss
out on business opportunities in Aerospace
composites Market. Speak to our analyst and gain
crucial industry insights that will help your
business grow. https//www.marketsandmarkets.com/s
peaktoanalystNew.asp?id246663558
6
  • Target Audience
  • Manufacturers of Aerospace Composites
  • Raw Material Suppliers
  • Distributors Suppliers of Aerospace Composites
  • Industry Associations
  • Investment Research Firms

7
About MarketsandMarkets
MarketsandMarkets provides quantified B2B
research on 30,000 high growth niche
opportunities/threats which will impact 70 to
80 of worldwide companies revenues. Currently
servicing 7500 customers worldwide including 80
of global Fortune 1000 companies as clients.
Almost 75,000 top officers across eight
industries worldwide approach MarketsandMarkets
for their painpoints around revenues
decisions. MarketsandMarketss flagship
competitive intelligence and market research
platform, "Knowledgestore" connects over 200,000
markets and entire value chains for deeper
understanding of the unmet insights along with
market sizing and forecasts of niche markets.
8
ContactMr. Shelly SinghMarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 sales_at_marketsandmarke
ts.com
https//www.marketsandmarkets.com/ResearchInsight/
aerospace-composites-market.asp
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