ALL >> Business >> View Article
Lucintel Forecasts Aerospace Composite Materials Market To Reach $3.3 Billion By 2025

According to the recent study the Aerospace Composite Materials Market is projected to reach an estimated $3.3 billion by 2025 from $3.0 billion in 2019, at a CAGR of 1.7% from 2020 to 2025. Growth in this market is primarily driven by increasing demand for lightweight materials to increase fuel efficiency and growth of aircraft with high composites penetration such B787, A350WXB, and A380.
Browse 175 figures / charts and 47 tables in this 304-page report to understand trends, opportunities and forecast in aerospace composite materials market 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).
Download sample report by clicking on below ...
... link https://www.lucintel.com/aerospace-composites-materials-market.aspx and view detailed Table of Content here – https://www.lucintel.com/aerospace-composites-materials-market.aspx
“Carbon composites market is expected to remain the largest segment during the forecast period.”
Based on reinforcement, the aerospace composite materials market is segmented into carbon composites, glass composites, aramid composites, others. Lucintel forecasts that the carbon composites market is expected to remain the largest segment and highest segment 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.
“Within the aerospace composites material market, the commercial aircraft segment is expected to remain the largest aircraft type”
“North America will dominate the aerospace composites material market in near future”
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.
Download Brochure of this report by clicking on https://www.lucintel.com/aerospace-composites-materials-market.aspx
Major players of aerospace composites material market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Hexcel Corporation, TenCate Advanced Composites, Toray Industries Inc., Teijin Limited, Cytec Solvay Group, Zodiac Aerospace, Spirit AeroSystems, Inc., Elbit Systems and others are among the major aerospace composites material providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/aerospace-composites-materials-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
Add Comment
Business Articles
1. The Evolution Of The Fanny Pack Over The YearsAuthor: iven gayash
2. Powering Sustainable Agriculture With Efficient Pumps
Author: Sundar
3. Step Inside Tomorrow: How Cogito's 3d Walkthroughs Redefine Coimbatore Spaces
Author: cogito
4. How To Pick The Best Civil Contractor In Valasaravakkam For Your Home Project
Author: bharathi
5. Enhancing Your Property With Quality Driveways, Patios, And Pathways: A Comprehensive Guide
Author: Vikram kumar
6. The Importance Of Surface Finishing In Aluminum Products
Author: bqmp
7. Simplifying Global Trade With Workseer’s Advanced Hs Code & Eccn Classification Tools
Author: sumit
8. How To Start A Crab-themed Home Garden For Beginners
Author: bharathi
9. How To Choose The Best Six Sigma Training Institute In Chennai
Author: bharathi
10. Rv Essentials For Long-term Living: What You Really Need
Author: Devon Curran
11. Dubai's Best Laptop Screen Replacement Services: Fast, Dependable Fixes
Author: laptop screen replacement services in dubai
12. Black Magic Specialist In Udupi
Author: astrobest09
13. Steps For Plastic Injection Molding Process
Author: Ryan
14. Understanding Injection Mold Life: Spi Classes And Key Longevity Factors
Author: Ryan
15. How To Identify High-quality Stainless Steel Flanges
Author: Neelam Forge India