The increasing demand for lightweight composite materials in aircraft manufacturing is the chief driver of the global aerospace composites market. The demand for better fuel-efficiency and curbing the chances of increased carbon emission in future will compel aircraft manufacturers to look for advanced composite materials. Spurred by these factors, the global aerospace composites market is forecast to exhibit robust growth in the coming years. In the military sector, the use of composite materials will rise to cater to the need for increasing mission duration and loiter time for aircrafts.
Despite forecasts for its positive run, the aerospace market is reeling under the challenge of high cost of manufacturing. Expenditure incurred during fabrication and designing of composites is considerably high. In addition, the cost of carbon fiber composites, widely used in the aerospace industry, is less likely to reduce any time in the near future. Besides this, existing challenge of transferring skills will continue haunting the market players also in the forthcoming years.
The Global Aerospace Composite Materials Market to Grow steadily at a CAGR of +10% during the forecast period.
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Composite materials are lighter and much stronger than traditional materials like metal alloys and offer weight savings of up to 50%. Due to fluctuations in global oil prices, the demand for composites will increase as it helps to lower fuel usage and increase operational efficiency. Companies like Boeing and Airbus have been able to reduce aircraft weight by 20% by switching over to composites. The ability of composites to increase an aircraft’s payload capacity will lead to its increased demand during the forecast period.
Key players for this report,
Solvay, Hexcel, Royal Ten Cate, Teijin, Toray Industries, Renegade Materials, Owens Corning, Materion, Mitsubishi Rayon, SGL Group, and among others.
Major Factors in This Report:
Production Analysis– Production of the Aerospace Composite Materials is analyzed with respect to different regions, types and applications. Here, price analysis of various Aerospace Composite Materials Market key players is also covered.
Sales and Revenue Analysis– Both, sales and revenue are studied for the different regions of the Market. Another major aspect, price, which plays important part in the revenue generation is also assessed in this section for the various regions.
Supply and Consumption– In continuation with sales, this section studies supply and consumption for the Market. This part also sheds light on the gap between supple and consumption. Import and export figures are also given in this part.
Other analyses– Apart from the aforementioned information, trade and distribution analysis for the Aerospace Composite Materials Market, contact information of major manufacturers, suppliers and key consumers is also given. Also, SWOT analysis for new projects and feasibility analysis for new investment are included.
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The Market research Store gives the transient investigation report of the Aerospace Composite Materials showcase round the globe. The investigation of reports gives interminably palatable response to the client. The investigation consider incorporates examination, gauge and income of the market from 2017 to 2022. Report gives the comparative outcome between entirely unexpected players unfurl around the world. It also gives the different sorts of segment of the market worried to the stock like kind, Regions/Countries, Application and players. Current and refreshed patterns moreover encased to the report.
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Table of Contents
Global Aerospace Composite Materials Market Research Report 2017
Chapter 1 Aerospace Composite Materials Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Market Forecast