Present Scenario And Growth Prospects Of Global Aerospace Composite Market From 2016 – 2020: By Composite Type Such As Glass, Carbon & Aramid

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Composites are made up of two or more different materials, resulting in a product that has physical and chemical properties different from those of its constituents. Fiber-reinforced polymers, for instance, are composed of carbon, glass, and aramid fibers and are primarily used in the aerospace industry. Though composites provide lightweight components for aircraft, they do not compromise on strength.

Technavios analysts forecast the global aerospace composites market to grow at a CAGR of 6.81% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global aerospace composites market for 2016-2020. To calculate the market size, the report provides a global overview and looks at market segmentation by composite type (glass, carbon, and aramid) and growth prospects by region (APAC, EMEA, and the Americas). It also presents the market landscape and a corresponding analysis of the prominent vendors in the market.

The market is divided into the following segments based on geography:
APAC
EMEA
ROW
US

Technavio’s report, Global Aerospace Composite Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Cytec Industries
Hexcel
Koninklijke Ten Cate (TenCate)
Mitsubishi Rayon
Owens Corning

Other prominent vendors

Hartzell Aerospace
Hyosung
Kaman
SGL Group
Teijin Aramid

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Market driver
Reduction in need for MRO necessity
For a full, detailed list, view our report

Market challenge

High acquisition and operation cost of autoclave systems
For a full, detailed list, view our report

Market trend
Adoption of composites in jet engines
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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