Aerospace Composites Market By Industry Size, And Share, Manufacturers, Demand, Forecast 2027 - TechSci Research

The global aerospace composites market is anticipated to grow at a steady rate during the forecast period. The market growth can be attributed to the increasing replacement of traditional aircraft materials with light-weight and superior performance aerospace composites in the commercial aircrafts. In addition, the ongoing fluctuations in prices of crude oil and increasing government efforts towards curbing environmental emissions are fostering growth in fuel-efficient aircrafts, which is expected to further stimulate growth of the global aerospace composites market in the coming years. Besides, superior performance properties of the aerospace composites are adding to their increased demand for the development of fuel-efficient aircrafts, which is expected to propel the market growth. Moreover, rising use of composites in military and commercial aircrafts and increasing deployment of aircraft delivery are expected to positively influence the market growth. Increasing investments by the market players to develop high-performance aircraft components with low operating costs are expected to further propel the growth of the global aerospace market in the coming years. However, decreasing number of commercial aircraft delivery is expected to negatively impact the aerospace composites market.

The global aerospace composites market is segmented on the basis of fiber type, resin type, manufacturing process, aircraft type, application, region, and company. Based on the fiber type, the market is further divided into carbon fiber composites, ceramic fiver composites, glass fiber composites, and others. The carbon fiber composites segment is expected to account for a large share of the global aerospace composites market owing to their superior strength-to-weigh ratio and anti-corrosive properties, which contribute to their greater adoption in the aerospace industry. Based on aircraft type, the military segment is anticipated to register the highest growth in the global aerospace composites market in the coming years. Composites utilized in the military aircrafts are light-weight, durable, chemical, and temperature-sensitive, hence they are widely used in military aircrafts.


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Global Aerospace Composites market is controlled by these major players, namely– Teijin Limited (Japan), Toray Industries (Japan), SGL Group (Germany), etc.

Objective of the Study:

  • To outline, classify and estimate the global aerospace composites market on the basis of fiber type, resin type, manufacturing process, aircraft type, application and regional distribution.
  • To study and forecast the global market size of the aerospace composites, in terms of value and volume.
  • To understand the regional market structure of Aerospace Composites market, the global aerospace composites market is segmented in five regions, namely – Asia-Pacific, North America, Europe, Middle East & Africa and South America and forecast the market size, in terms of value and volume.
  • To identify the detailed information about the prime factors affecting the global aerospace composites market.
  • To evaluate competitor pricing, average market selling prices and margins in the global aerospace composites market.
  • To examine competitive developments such as expansions, new entrants in the global aerospace composites market.
  • To strategically profile the leading players in the market which are involved in the manufacturing and supply of aerospace composites worldwide.


TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of leading Aerospace Composites manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the company personnel were also enquired about their key products, manufacturing plant location, prices of products and competitors. Through this technique, TechSci Research was able to include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the fiber type, resin type, manufacturing process, aircraft type, application, distribution network and regional presence of all major Aerospace Composites manufacturers across the globe.

TechSci Research calculated the market size for Global Aerospace Composites using a bottom-up approach, where manufacturers’ value sales data for standard fiber types (Carbon Fiber Composites, Ceramic Fiber Composites, Glass Fiber Composites and Others) were recorded and forecast for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources, secondary sources directories, databases, company annual reports, white papers, investor presentations and financial reports were also used by the TechSci Research.

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Key Target Audience:

  • Aerospace Composites Manufacturers and Suppliers
  • Research organizations and consulting companies
  • Trade Associations, organizations, forums and alliances related to Aerospace Composites
  • Government bodies such as regulating authorities and policy makers
  • Industry associations
  • Market research and consulting firm

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as Aerospace Composites manufacturers, distributors and dealers, customers and policy makers about which market segments should be targeted over the coming years (next two to five years) in order to strategize investments and capitalize on the growth of the market segment.

Attribute

Details

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027

Report Coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

  • Fiber Type
  • Resin Type
  • Manufacturing Process
  • Aircraft Type
  • Application

Regional Scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; China; India; Japan; South Korea; Indonesia; Germany; France; United Kingdom; Italy; Spain; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Iran

Key Companies Profiled

Teijin Limited (Japan), Toray Industries (Japan), SGL Group (Germany).

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, the Aerospace Composites has been segmented into the following categories in addition to the industry trends which have also been detailed below:

  • Aerospace Composites Market, by Fiber Type:
    • Carbon Fiber Composites
    • Ceramic Fiber Composites
    • Glass Fiber Composites
    • Others
  • Aerospace Composites Market, by Resin Type:
    • Epoxy
    • Phenolic
    • Polyester
    • Polyimides
    • Thermoplastics
    • Ceramic
    • Metal Matrix
    • Others
  • Aerospace Composites Market, by Manufacturing Process:
    • AFP/ATL
    • Layup
    • RTM/VARTM
    • Filament Winding
    • Others
  • Aerospace Composites Market, by Aircraft Type:
    • Commercial Aircraft
    • Business Aviation
    • Civil Helicopters
    • Military Aircraft & Helicopters
    • Others
  • Aerospace Composites Market, by Application:
    • Interior
    • Exterior
  • Aerospace Composites Market, by Geography:
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Indonesia
      • Rest of APAC
    • North America
      • U. S.
      • Canada
      • Mexico
      • Rest of North America
    • Europe
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Middle East & Africa
      • Saudi Arabia
      • UAE
      • Iran
      • South Africa
    • South America
      • Brazil
      • Colombia
      • Argentina
      • Rest of South America

Competitive Landscape

Competition Benchmarking: Benchmarking of leading 10 players on the basis of product portfolio, production plants, market pricing, sales footprint, target customer types, etc.

Company Profiles: Detailed analysis of the major companies present in the Aerospace Composites market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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