Home / Advanced Materials / Aerospace Composites Market By Fiber Type (Carbon Fiber, Glass Fiber, Aramid), By Application (Interior Applications, Exterior Applications), By Resin Type (Epoxy, Phenolic, Polyester, Polyamide, Thermoplastics) - Growth, Share, Opportunities & Competitive Analysis, 2015 – 2025

Aerospace Composites Market By Fiber Type (Carbon Fiber, Glass Fiber, Aramid), By Application (Interior Applications, Exterior Applications), By Resin Type (Epoxy, Phenolic, Polyester, Polyamide, Thermoplastics) - Growth, Share, Opportunities & Competitive Analysis, 2015 – 2025

Published: Aug 2017 | Report Code: 58621-08-17

Composite are formed with two or more materials that when combined, produce a new material with superior qualities that are significantly different to those found in the individual base materials. Traditionally, materials such as metals, aluminum alloys, plastics and others were being used for manufacturing an aircraft’s. However, owing to composite properties such as lightweight, low density, high toughness and rigidity, low carbon emission and so on, have replaced the traditional materials. Furthermore, the market giants such as Airbus and Boeing are also utilizing increasing amounts of composite materials for manufacturing. Military aircraft and fighter aircraft also make use of composite materials within their structures as this enables reduced drag, lower radar visibility and increased resistance to temperatures that are generated during high speed flight.

In terms of fiber type, in 2016, carbon fiber accounted for over 50% share of the global market in terms of revenue and projected to maintain their hold during the forecast period of 2017 to 2025, due to its enhanced operational efficiency and weight reduction. Carbon fiber is being followed by glass fiber. Glass fiber also has some properties which provides the desirable qualities such as high strength to weight ratio, cheaper material and insensitive to moisture and weather.

By resin type, epoxy resin accounted for the largest share in the global market, representing more than 60.0% share in 2016 in terms of revenue. The second largest market in terms of resin type is phenolic resin, which is expected to increase owing to its rising usage in the interior of the aircrafts. Phenolic resin possess some superior properties such as low toxic fume, flame resistance, and excellent static-dissipative.

Of the global aerospace composite market by application, in 2016, exterior application accounted for the largest share of around 59% in terms of value. It is also projected to grow at a highest CAGR during the forecast period of 2017 to 2025. Properties such as light weight, acoustic feature coupled with eco-friendly nature are driving the use of composite in exterior application.

In 2016, the aerospace composite market by region was dominated by the North America accounting around 34% of the market. North America was followed by the Europe and Asia Pacific. Asia-Pacific being the emerging market is projected to exhibit the second highest growth between 2017 and 2025. This growth is attributed to the emerging markets such as China, and Malaysia and the ongoing industrialization and investment.

With the rise in the use of composite in the aerospace industry players are focusing on providing customized and innovative solution to the giants such as Airbus and Boeing to gain the competitive edge. Some of the key players present in this market are Solvay group, Hexcel Corp., Teijin Limited, Huntsman, and DuPont among others.

 Aerospace Composites Market

The report titled “Global Aerospace Composite Market - Growth, Future Prospects, and Competitive Analysis, 2017 – 2025” offers strategic insights into the global aerospace composite market along with the market size and estimates for the duration 2017 to 2025. The said research study covers in-depth analysis of multiple market segments based on fiber type, resin type, application and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2016 & 2025. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities.

In order to help the strategic decision makers, the report also includes profiles of the leading aerospace composites manufacturers, along with their, product portfolio and key developments. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the aerospace composite industry
  • Market drivers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2015 – 2016)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global aerospace composite market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above mentioned factors.

Chapter 1 Preface
1.1 Report Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Aerospace Composites Market Volume & Revenue (Kilotons/US$ Bn)
2.2 Global Aerospace Composites Market Volume & Revenue (Kilotons/US$ Bn), by Fiber type
2.3 Global Aerospace Composites Market Volume & Revenue (Kilotons/US$ Bn), by Resin type
2.4 Global Aerospace Composites Market Volume & Revenue (Kilotons/US$ Bn), By Application
2.5 Global Aerospace Composites Market Volume & Revenue (Kilotons/US$ Bn), by Geography

Chapter 3 Global Aerospace Composites Market Dynamics
3.1 Overview
3.2 Market Drivers
3.3 Challenges
3.4 Future Prospects
3.5 Attractive Investment Proposition by Geography, 2016
3.6 Key Positioning of Market Players

Chapter 4 Global Aerospace Composites Market, by Fiber type
4.1 Overview
5.1.1 Global Aerospace Composites Market Volume & Revenue Share, by Fiber type, 2016 & 2025 (% Value)
4.2 Carbon Fiber
4.2.1 Global Aerospace Composites Market Volume & Revenue, by Carbon Fiber, 2016 – 2025 (Kilotons/US$ Bn)
4.3 Glass Fiber
4.3.1 Global Aerospace Composites Market Volume & Revenue, by Glass Fiber, Revenue, 2016 – 2025 (Kilotons/US$ Bn)
4.4 Aramid
4.4.1 Global Aerospace Composites Market Volume & Revenue, by Aramid, 2016 – 2025 (Kilotons/US$ Bn)
4.5 Others
4.5.1 Global Aerospace Composites Market Volume & Revenue, by Others, 2016 – 2025 (Kilotons/US$ Bn)

Chapter 5 Global Aerospace Composites Market Analysis, by Application
5.1 Overview
5.1.1 Global Aerospace Composites Market Volume & Revenue Share, by Application, 2016 & 2025 (% Value)
5.2 Interior Applications
5.2.1 Global Aerospace Composites Market Volume & Revenue, by Interior Applications, 2016 – 2025 (Kilotons/US$ Bn)
5.3 Exterior Applications
5.3.1 Global Aerospace Composites Market Volume & Revenue, by Exterior Applications, 2016 – 2025 (Kilotons/US$ Bn)

Chapter 6 Global Aerospace Composites Market, by Resin type
6.1 Overview
6.1.1 Global Aerospace Composites Market Volume & Revenue Share, by Resin type, 2016 & 2025 (% Value)
6.2 Epoxy
6.2.1 Global Aerospace Composites Market Volume & Revenue, by Epoxy Resin, 2016 – 2025 (Kilotons/US$ Bn)
6.3 Phenolic
6.3.1 Global Aerospace Composites Market Volume & Revenue, by Phenolic Resin, Revenue, 2016 – 2025 (Kilotons/US$ Bn)
6.4 Polyester
6.4.1 Global Aerospace Composites Market Volume & Revenue, by Polyester, 2016 – 2025 (Kilotons/US$ Bn)
6.5 Polyamide
6.5.1 Global Aerospace Composites Market Volume & Revenue, by Polyimide, 2016 – 2025 (Kilotons/US$ Bn)
6.6 Thermoplastics
6.6.1 Global Aerospace Composites Market Volume & Revenue, by Thermoplastics, 2016 – 2025 (Kilotons/US$ Bn)

Chapter 7 Global Aerospace Composites Market, by Geography
7.1 Overview
7.2 Global Aerospace Composites Market Volume & Revenue Share, by Geography, 2016 & 2025 (Value %)
7.3 North America
7.3.1 North America Aerospace Composites Market Volume & Revenue, by Country, 2016-2025 (Kilotons/US$ Bn)
7.3.2 North America Aerospace Composites Market Volume & Revenue, by Fiber type, 2016-2025 (Kilotons/US$ Bn)
7.3.3 North America Aerospace Composites Market Volume & Revenue, by Resin type, 2015-2025 (Kilotons/US$ Bn)
7.3.4 North America Aerospace Composites Market Volume & Revenue, by Applications, 2016-2025 (Kilotons/US$ Bn)
7.4 Europe
7.4.1 Europe Aerospace Composites Market Volume & Revenue, by Country, 2016-2025 (Kilotons/US$ Bn)
7.4.2 Europe Aerospace Composites Market Volume & Revenue, by Fiber type, 2016-2025 (Kilotons/US$ Bn)
7.4.3 Europe Aerospace Composites Market Volume & Revenue, by Resin type, 2016-2025 (Kilotons/US$ Bn)
7.4.4 Europe Aerospace Composites Market Volume & Revenue, by Applications, 2016-2025 (Kilotons/US$ Bn)
7.5 Asia Pacific
7.5.1 Asia Pacific Aerospace Composites Market Volume & Revenue, by Country, 2016-2025 (Kilotons/US$ Bn)
7.5.2 Asia Pacific Aerospace Composites Market Volume & Revenue, by Fiber type, 2016-2025 (Kilotons/US$ Bn)
7.5.3 Asia Pacific Aerospace Composites Market Volume & Revenue, by Resin type, 2016-2025 (Kilotons/US$ Bn)
6.5.4 Asia Pacific Aerospace Composites Market Volume & Revenue, by Applications, 2016-2025 (Kilotons/US$ Bn)
7.6 Latin America
7.6.1 Latin America Aerospace Composites Market Volume & Revenue, by Country, 2016-2025 (Kilotons/US$ Bn)
7.6.2 Latin America Aerospace Composites Market Volume & Revenue, by Fiber type, 2016-2025 (Kilotons/US$ Bn)
7.6.3 Latin America Aerospace Composites Market Volume & Revenue, by Resin type, 2016-2025 (Kilotons/US$ Bn)
7.6.4 Latin America Aerospace Composites Market Volume & Revenue, by Applications, 2016-2025 (Kilotons/US$ Bn)
7.7 Middle East and Africa (MEA)
7.7.1 Middle East and Africa Aerospace Composites Market Volume & Revenue, by Country, 2016-2025 (Kilotons/US$ Bn)
7.7.2 Middle East and Africa Aerospace Composites Market Volume & Revenue, by Fiber type, 2016-2025 (Kilotons/US$ Bn)
7.7.3 Middle East and Africa Aerospace Composites Market Volume & Revenue, by Resin type, 2016-2025 (Kilotons/US$ Bn)
7.7.4 Middle East & Africa Aerospace Composites Market Volume & Revenue, by Applications, 2016-2025 (Kilotons/US$ Bn)

Chapter 8 Company Profiles
8.1 Cytec Solvay Group
8.2 Royal Ten Cate N.V.
8.3 Teijin Limited
8.4 Dupont
8.5 Hexcel Corp
8.6 Celanese Corp.
8.7 Gurit Holding AG
8.8 Senior plc
8.9 Huntsman Corp.
8.10 GKN Aerospace
8.11 Spirit Aerosystems Holdings Inc
8.12 Koninklijke TenCate NV
8.13 Owens Corning
8.14 SGL Group
8.15 Toray Industries Inc.

List Of Table :

TABLE 1 Market Snapshot: Global Aerospace Composites Market Volume & Revenue
TABLE 2 North America Aerospace Composites Market Volume & Revenue, by Fiber type, 2016-2025 (Kilotons/US$ Bn)
TABLE 3 North America Aerospace Composites Market Volume & Revenue, by Resin type, 2016-2025 ( Tns(Kilotons/US$ Bn)
TABLE 4 North America Aerospace Composites Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Bn)
TABLE 5 North America Aerospace Composites Market Volume & Revenue, by Country, 2016-2025 (Kilotons/US$ Bn)
TABLE 6 U.S. Aerospace Composites Market Volume & Revenue, by Fiber type, 2016-2025 (Kilotons/US$ Bn)
TABLE 7 U.S. Aerospace Composites Market Volume & Revenue, by Resin type, 2016-2025 (Kilotons/US$ Bn)
TABLE 8 U.S. Aerospace Composites Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Bn)
TABLE 9 Canada Aerospace Composites Market Volume & Revenue, by Fiber type, 2016-2025 (Kilotons/US$ Bn)
TABLE 10 Canada Aerospace Composites Market Volume & Revenue, by Resin type, 2016-2025 (Kilotons/US$ Bn)
TABLE 11 Canada Aerospace Composites Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Bn)
TABLE 12 Europe Aerospace Composites Market Volume & Revenue, by Fiber type, 2016-2025 (Kilotons/US$ Bn)
TABLE 13 Europe Aerospace Composites Market Volume & Revenue, by Resin type, 2016-2025 (Kilotons/US$ Bn)
TABLE 14 Europe Aerospace Composites Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Bn)
TABLE 15 Europe Aerospace Composites Market Volume & Revenue, by Country, 2016-2025 (Kilotons/US$ Bn)
TABLE 16 France Aerospace Composites Market Volume & Revenue, by Fiber type, 2016-2025 (Kilotons/US$ Bn)
TABLE 17 France Aerospace Composites Market Volume & Revenue, by Resin type, 2016-2025 (Kilotons/US$ Bn)
TABLE 18 France Aerospace Composites Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Bn)
TABLE 19 Germany Aerospace Composites Market Volume & Revenue, by Fiber type, 2016-2025 (Kilotons/US$ Bn)
TABLE 20 Germany Aerospace Composites Market Volume & Revenue, by Resin type, 2016-2025 (Kilotons/US$ Bn)
TABLE 21 Germany Aerospace Composites Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Bn)
TABLE 22 Italy Aerospace Composites Market Volume & Revenue, by Fiber type, 2016-2025 (Kilotons/US$ Bn)
TABLE 23 Italy Aerospace Composites Market Volume & Revenue, by Resin type, 2016-2025 (Kilotons/US$ Bn)
TABLE 24 Italy Aerospace Composites Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Bn)
TABLE 25 U.K. Aerospace Composites Market Volume & Revenue, by Fiber type, 2016-2025 (Kilotons/US$ Bn)
TABLE 26 U.K. Aerospace Composites Market Volume & Revenue, by Resin type, 2016-2025 (Kilotons/US$ Bn)
TABLE 27 U.K. Aerospace Composites Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Bn)
TABLE 28 Austria Aerospace Composites Market Volume & Revenue, by Fiber type, 2016-2025 (Kilotons/US$ Bn)
TABLE 29 Austria Aerospace Composites Market Volume & Revenue, by Resin type, 2016-2025 (Kilotons/US$ Bn)
TABLE 30 Austria Aerospace Composites Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Bn)
TABLE 31 Rest of Europe Aerospace Composites Market Volume & Revenue, by Fiber type, 2016-2025 (Kilotons/US$ Bn)
TABLE 32 Rest of Europe Aerospace Composites Market Volume & Revenue, by Resin type, 2016-2025 (Kilotons/US$ Bn)
TABLE 33 Rest of Europe Aerospace Composites Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Bn)
TABLE 34 Asia Pacific Aerospace Composites Market Volume & Revenue, by Fiber type, 2016-2025 (Kilotons/US$ Bn)
TABLE 35 Asia Pacific Aerospace Composites Market Volume & Revenue, by Resin type, 2016-2025 (Kilotons/US$ Bn)
TABLE 36 Asia Pacific Aerospace Composites Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Bn)
TABLE 37 Asia Pacific Aerospace Composites Market Volume & Revenue, by Country, 2016-2025 (Kilotons/US$ Bn)
TABLE 38 China Aerospace Composites Market Volume & Revenue, by Fiber type, 2016-2025 (Kilotons/US$ Bn)
TABLE 39 China Aerospace Composites Market Volume & Revenue, by Resin type, 2016-2025 (Kilotons/US$ Bn)
TABLE 40 China Aerospace Composites Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Bn)
TABLE 41 Japan Aerospace Composites Market Volume & Revenue, by Fiber type, 2016-2025 (Kilotons/US$ Bn)
TABLE 42 Japan Aerospace Composites Market Volume & Revenue, by Resin type, 2016-2025 (Kilotons/US$ Bn)
TABLE 43 Japan Aerospace Composites Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Bn)
TABLE 44 Singapore Aerospace Composites Market Volume & Revenue, by Fiber type, 2016-2025 (Kilotons/US$ Bn)
TABLE 45 Singapore Aerospace Composites Market Volume & Revenue, by Resin type, 2016-2025 (Kilotons/US$ Bn)
TABLE 46 Singapore Aerospace Composites Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Bn)
TABLE 47 Malaysia Aerospace Composites Market Volume & Revenue, by Fiber type, 2016-2025 (Kilotons/US$ Bn)
TABLE 48 Malaysia Aerospace Composites Market Volume & Revenue, by Resin type, 2016-2025 (Kilotons/US$ Bn)
TABLE 49 Malaysia Aerospace Composites Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Bn)
TABLE 50 Rest of Asia Pacific Aerospace Composites Market Volume & Revenue, by Fiber type, 2016-2025 (Kilotons/US$ Bn)
TABLE 51 Rest of Asia-Pacific Aerospace Composites Market Volume & Revenue, by Resin type, 2016-2025 (Kilotons/US$ Bn)
TABLE 52 Rest of Asia Pacific Aerospace Composites Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Bn)
TABLE 53 Latin America Aerospace Composites Market Volume & Revenue, by Fiber type, 2016-2025 (Kilotons/US$ Bn)
TABLE 54 Latin America Aerospace Composites Market Volume & Revenue, by Resin type, 2016-2025 (Kilotons/US$ Bn)
TABLE 55 Latin America Aerospace Composites Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 56 Latin America Aerospace Composites Market Volume & Revenue, by Country, 2016-2025 (Kilotons/US$ Bn)
TABLE 57 Brazil Aerospace Composites Market Volume & Revenue, by Fiber type, 2016-2025 (Kilotons/US$ Bn)
TABLE 58 Brazil Aerospace Composites Market Volume & Revenue, by Resin type, 2016-2025 (Kilotons/US$ Bn)
TABLE 59 Brazil Aerospace Composites Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Bn)
TABLE 60 Mexico Aerospace Composites Market Volume & Revenue, by Fiber type, 2016-2025 (Kilotons/US$ Bn)
TABLE 61 Mexico Aerospace Composites Market Volume & Revenue, by Resin type, 2016-2025 (Kilotons/US$ Bn)
TABLE 62 Mexico Aerospace Composites Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Bn)
TABLE 63 Rest of Latin America Aerospace Composites Market Volume & Revenue, by Fiber type, 2016-2025 (Kilotons/US$ Bn)
TABLE 64 Rest of Latin America Aerospace Composites Market Volume & Revenue, by Resin type, 2016-2025 (Kilotons/US$ Bn)
TABLE 65 Rest of Latin America Aerospace Composites Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Bn)
TABLE 66 Middle East and Africa Aerospace Composites Market Volume & Revenue, by Fiber type, 2016-2025 (Kilotons/US$ Bn)
TABLE 67 Middle East & Africa Aerospace Composites Market Volume & Revenue, by Resin type, 2016-2025 (Kilotons/US$ Bn)
TABLE 68 Middle East & Africa Aerospace Composites Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Bn)
TABLE 69 Middle East and Africa Aerospace Composites Market Volume & Revenue, by Country, 2016-2025 (Kilotons/US$ Bn)
TABLE 70 Saudi Arabia Aerospace Composites Market Volume & Revenue, by Fiber type, 2016-2025 (Kilotons/US$ Bn)
TABLE 71 Saudi Arabia Aerospace Composites Market Volume & Revenue, by Resin type, 2016-2025 (Kilotons/US$ Bn)
TABLE 72 Saudi Arabia Aerospace Composites Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Bn)
TABLE 73 Israel Aerospace Composites Market Volume & Revenue, by Fiber type, 2016-2025 (Kilotons/US$ Bn)
TABLE 74 Israel Aerospace Composites Market Volume & Revenue, by Resin type, 2016-2025 (Kilotons/US$ Bn)
TABLE 75 Israel Aerospace Composites Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Bn)
TABLE 76 Rest of Middle East & Africa Aerospace Composites Market Volume & Revenue, by Fiber type, 2016-2025 (Kilotons/US$ Bn)
TABLE 77 Rest of Middle East Aerospace Composites Market Volume & Revenue, by Resin type, 2016-2025 (Kilotons/US$ Bn)
TABLE 78 Rest of Middle East & Africa Aerospace Composites Market Volume & Revenue, by Application, 2016-2025 (Kilotons/US$ Bn)
TABLE 79 Cytec Solvay Group: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 80 Royal TenCate N.V.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 81 Teijin Limited: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 82 DuPont: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 83 Hexcel Corp: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 84 Celanese Corp.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 85 Gurit Holding AG: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 86 Senior Plc: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 87 Huntsman Corp.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 88 GKN Aerospace: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 89 Spirit Aerosystems Holding Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 90 Koninklijke TenCate NV: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 91 Owens Corning: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 92 SGL Group: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 93 Toray Industries: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)

 

List Of Figures :

FIG. 1 Global Aerospace Composites Market: Research Methodology
FIG. 2 Global Aerospace Composites Market Volume & Revenue (Kilotons/US$ Bn), by Fiber type, 2016
FIG. 3 Global Aerospace Composites Market Volume & Revenue (Kilotons/US$ Bn), by Resin type, 2016
FIG. 4 Global Aerospace Composites Market Volume & Revenue (Kilotons/US$ Bn), by Application, 2016
FIG. 5 Global Aerospace Composites Market Volume & Revenue (Kilotons/US$ Bn), by Geography, 2016
FIG. 6 Attractive Investment Proposition, by Geography
FIG. 7 Key Positioning of Market Players
FIG. 8 Global Aerospace Composites Market Volume & Revenue Share, by Fiber type, 2016 & 2025 (% Value)
FIG. 9 Global Aerospace Composites Market Volume & Revenue, by Carbon fiber, 2016 – 2025 (Kilotons/US$ Bn)
FIG. 10 Global Aerospace Composites Market Volume & Revenue, by Glass fiber, 2016 – 2025 (Kilotons/US$ Bn)
FIG. 11 Global Aerospace Composites Market Volume & Revenue, by Aramid, 2016 – 2025 (Kilotons/US$ Bn)
FIG. 12 Global Aerospace Composites Market Volume & Revenue, by Others, 2016 – 2025 (Kilotons/US$ Bn)
FIG. 13 Global Aerospace Composites Market Volume & Revenue Share, by Resin type, 2016 & 2025 (% Value)
FIG. 14 Global Aerospace Composites Market Volume & Revenue, by Epoxy resin , 2016 – 2025 (Kilotons/US$ Bn)
FIG. 15 Global Aerospace Composites Market Volume & Revenue, by Phenolic resin, 2017 – 2025 (Kilotons/US$ Bn)
FIG. 16 Global Aerospace Composites Market Volume & Revenue, by Polyester, 2016 – 2025 (Kilotons/US$ Bn)
FIG. 17 Global Aerospace Composites Market Volume & Revenue, by Polyimide, 2016 – 2025 (Kilotons/US$ Bn)
FIG. 18 Global Aerospace Composites Market Volume & Revenue, by Thermoplastics, 2016 – 2025 (Kilotons/US$ Bn)
FIG. 19 Global Aerospace Composites Market Volume & Revenue, by Other resins, 2016 – 2025 (Kilotons/US$ Bn)
FIG. 20 Global Aerospace Composites Market Volume & Revenue Share, by Applications, 2016 & 2025 (% Value)
FIG. 21 Global Aerospace Composites Market Volume & Revenue, by Interior Application , 2016 – 2025 (Kilotons/US$ Bn)
FIG. 22 Global Aerospace Composites Market Volume & Revenue, by Exterior Application, 2017 – 2025 (Kilotons/US$ Bn)
FIG. 23 Global Aerospace Composites Market Volume & Revenue Share, by Geography, 2016 & 2025 (Value %)

 

For the purpose of this study, the global aerospace composite market by fiber type is categorized into:

  • Carbon Fiber
  • Glass Fiber
  • Aramid Fiber
  • Others

In 2016, on the basis of fiber type, the aerospace composite market was dominated by carbon fiber segment. This segment is projected to witness growth of 8.7% between 2017 and 2025. Carbon fiber has become the most sought after fiber type in the aerospace industry due to its widespread use in the commercial airline manufacturing industry, particularly with next generation aircrafts such as the Boeing 787 and Airbus A350. The outlook for this submarket remains positive with other new or upgraded commercial aircraft platforms featuring higher proportions of carbon fiber materials in secondary structures, components and interiors. Glass fiber segment is the second largest accounting for approximately 30% share of the market. In commercial aviation, GFRP composite materials find its application in areas such as overhead luggage bins, aircraft galleys and lavatories. Fiber glass is also used to reinforce other composite materials and can be found in rear fuselage structures, wing structures and undercarriages.

Aerospace Composites Market

For the purpose of this study, the global aerospace composite market by application is categorized into:

  • Interior Application
  • Exterior Application

The exterior application in the aerospace market accounted for the largest share of approximately 60% in terms of value. Areas such as the fuselage, propulsion system, undercarriage, and wings, and others comes under exterior application where the composites material is being used. Excellent safety, acoustic features, lightweight, coupled with compliance with eco-friendly regulations is driving the usage of composite in exterior applications for better performance. Interior applications is forecast to grow at a CAGR of 8.7% between 2017 and 2025. There is wide range where composite materials are used such as lavatories, wall and ceiling panels, galleys, floor boards, cabin dividers, stowage bins, bulkheads, and so on. Initially, composites were used mainly in floorboards, ceilings and panels, and other components, but now the major focus of manufacturers and suppliers of interior components is on seating.

Aerospace Composites Market

On the basis of geography, the global aerospace composite market is segmented as per following regions and countries

  • North America
    • U.S.
    • Canada
  • Europe
    • France
    • Germany
    • Italy
    • U.K.
    • Austria
    • Rest of Europe
  • Asia Pacific
    • China
    • JapanSingapore
    • Malaysia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • Saudi Arabia
    • Israel
    • Rest of Middle East & Africa

North America is the largest market with a share of approximately 34.0%, in terms of value, of the global market in 2016; followed by Europe. Asia-Pacific is an emerging aerospace composites market, in terms of value and also the second fastest growing region. Growth in the aerospace composite market can be attributed to properties such as lightweight which help to reduce the aircraft weight that enables enhanced performance and operational capabilities as well as reduced costs. The outlook for aerospace composite market in Latin America also look positive owing to rising disposable income, urbanization and supportive government. Rising demand from leading aircrafts manufacturers such as Boeing, Airbus & others the consumption of these composite materials is expected to drive the market in Europe & Asia-Pacific.

Aerospace Composites Market

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