Aerospace Composites Market

Aerospace Composites Market by Fiber Type (Carbon, Ceramic, Glass), Matrix Type, Application, Manufacturing Process, Aircraft Type (Commercial Aircraft, Business & General Aviation, Civil Helicopter, Military Aircraft), and Region - Global Forecast to 2025

Report Code: CH 2968 Jul, 2020, by marketsandmarkets.com

[210 Pages Report] The global aerospace composites market size is projected to grow from USD 23.8 billion in 2020 to USD 41.4 billion by 2025, at a CAGR of 11.7% during the forecast period. The market is growing due to the superior performance properties of aerospace composites and their ability to survive in harsh conditions.

Aerospace Composites Market

Impact of COVID-19 on global aerospace composites market

COVID-19 has negatively affected the demand for composites in the aerospace industry. The disruption in the supply chain resulting in delays or non-arrival of raw materials disrupted financial flows, and growing absenteeism among production line workers have compelled aircraft manufacturers to operate at partial capacities. The travel restriction has reduced air travel significantly, which has hit hard to aerospace industry by reducing new aircraft deliveries. The reduced aircrafts deliveries have reduced demand for composites materials.

Market Dynamics

Driver: High demand for composite materials for the aerospace industry

In the optimistic scenario, post-2021, when aerospace companies start operating at full capacities with no travel restrictions and interruption in the supply chain, the demand for composite materials from the aerospace & defense industry would surge. Composite materials are used extensively as sandwich structures in interior and exterior applications in the aerospace industry. The low weight and high tensile strength of composites increase fuel efficiency, reduce maintenance costs, and allow OEMs to comply with the stringent environmental regulations in Europe and North America. The newer advances aircrafts such as  Airbus A350 XWB, Boing Dreamliner 787 consists of 50% weight of airframe made with composites materials.

Restraint: The decrease in the number of commercial aircraft deliveries

The decrease in the number of aircraft deliveries would directly have an impact on the aerospace composites market. Since more than 80% of the consumption of composites material is in commercial aircraft, the decrease in demand for composite due to the reduced number of aircraft orders would negatively impact the market. For instance, the grounding of Boeing 737MAX resulting from accidents suffered by the Malaysian and Ethiopian Airlines, recently, resulted in the cancellation of its orders. In the first quarter of 2020, Airbus and Boeing delivered 122 and 50 commercial aircraft globally, which is 22% and 66% less as compared with the first quarter of 2019.

Opportunity: Reduction of cost of carbon fibers is an excellent opportunity in the aerospace composites market

The main raw materials used for the production of carbon fiber composites are polymeric resins and carbon fibers. The cost of carbon fibers is directly proportional to the cost of precursor raw materials from which they are obtained. Carbon fibers are currently obtained from polyacrylonitrile (PAN), whose cost in aerospace applications is approximately USD 90 per kilogram. The development of low-cost and high-yield precursors for making aerospace grade carbon fibers would significantly reduce the cost of carbon fibers. These low-cost precursors for carbon fibers would bring down the cost of aerospace-grade carbon fibers. The reduction in the cost of carbon fibers would reduce the cost of carbon fiber aerospace composites, thereby driving the market.

Challenge: Liquidity crunch due to slowdown in the aerospace industry is a major challenge

The aerospace composites industry is capital-intensive. Owing to the current pandemic, the largest end-users of aerospace composite materials, such as commercial & business aircraft manufacturers, rotary aircraft manufacturers, and helicopter manufacturers, are at a standstill. Some OEMs have low liquidity with minimal operating cash flows. Furthermore, the massive drop in market capitalization has led to industry consolidation. Without revenue, OEMs and their suppliers are expected to face liquidity crunch soon and run out of business. The biggest challenge for the aerospace industry would be to ensure undisrupted financial flow to avoid the liquidity crunch.

Aerospace Composites Market Ecosystem

In terms of volume, the commercial aircraft segment has the largest market share

The commercial aircraft segment dominated the global aerospace composites market due to the high demand from commercial aircraft manufacturers such as Airbus and Boing. The commercial aircraft use composites materials in large quantities; these aircrafts airframes are made with around 50% composites weight. The lightweight property, combined with the high tensile strength of the aramid honeycomb core, increases fuel efficiency, reduces maintenance costs, and allows OEMs to comply with the stringent environmental regulations, especially those stipulated in Europe and North America. This further increases the demand for aerospace composites in the airways. However, the COVID-19 pandemic has created ripples in the aerospace industry, resulting in a decrease in the number of aircraft deliveries and reduced demand for aerospace composites.

Exterior application accounts for the major share, in terms of value, of the aerospace composites market.

Owing to its superior attributes, such as strength, flexibility, durability, stability, low weight, and resistance to heat, temperature, and moisture, aerospace composites are mainly used in exterior applications. Aerospace composites such as carbon fiber composites used to make airframe structures, such as landing gears, leading and trailing edges, engine nacelles, undercarriages, fuselages, and wings. Besides this, the aerospace composites are also used in engine components and propulsion systems of aircraft. The coronavirus outbreak has reduced the demand for aerospace composites from aircraft, automotive, ship, and rail industries.

AFP/ATL is expected to account for the largest share in the aerospace composites market during the forecast period.

The ATL/ AFP processes use computer-guided robotics to lay one or more layers of carbon fiber tape onto a mold to create a part or structure. This process is fast and allows the mass production of aerospace composites in comparison to other manufacturing processes. Aerospace composites manufactured through the AFP/ATL process are used in making fuselage, wing skins, wing boxes, and tail skins of next-generation aircraft.

Carbon fiber composites accounted for the larger share of the aerospace composites market in terms of value.

Carbon fiber composites accounted for a larger share in terms of value. Carbon fiber composites are extensively used in aerospace applications, owing to their superior strength-to-weight ratio and anti-corrosive property. The aerospace industry has widely adopted carbon fiber composites for various applications, such as wings, fuselage, engine nacelles, fan casings, floorboards, and interior parts. The COVID-19 pandemic would reduce the demand for carbon fiber composites due to aircraft manufacturers reducing the aircraft deliveries in 2020, due to slowdown in the industry.

Aerospace Composites Market By Region

Europe held the largest share in the global aerospace composites market in terms of value.

Europe accounted for the largest share in the global aerospace composites market, in terms of value, due to high demand from aerospace and defense companies present in the region. Countries such as France, Germany, and the UK are major aircraft component manufacturers. In 2019, Europe accounted for more than 50% of commercial aircraft production worldwide.  However, due to the outbreak of COVID-19, the European aerospace industry is severely affected. This is expected to reduce the demand for aerospace composites until the production facilities of aircraft start operating at full capacities.

Key Market Players

Solvay (Belgium), Toray Industries, Inc. (Japan), Mitsubishi Chemical Holdings (Japan), Hexcel Corporation (US), Teijin Limited (Japan), SGL Group (Germany), and Spirit AeroSystems (US.) are some of the key players of the aerospace composites market. These companies are involved in adopting various inorganic and organic strategies to increase their foothold in the industry. The study includes an in-depth competitive analysis of these companies in the aerospace composites market, with their company profiles, recent developments, and key market strategies.

Scope Of The Report

Report Metric

Details

Years considered for the study

2018–2025

Base year

2019

Forecast period

2020–2025

Units considered

Value (USD Million), Volume (Ton)

Segments

Fiber Type, Matrix Type, Application, Manufacturing Process, Aircraft  Type, and Region

Regions

Europe, North America, APAC, MEA, and Latin America

Companies

Solvay (Belgium), Toray Industries, Inc. (Japan), Mitsubishi Chemical Holdings (Japan), Hexcel Corporation (US), Teijin Limited (Japan), SGL Group (Germany), and Spirit AeroSystems (US.).

This research report categorizes the aerospace composites market based on type, aramid type, application, transportation type, and region.

By Fiber Type:

  • Carbon Fiber Composites
  • Ceramic Fiber Composites
  • Glass Fiber Composites
  • Others 

By Matrix Type:

  • Polymer Matrix
  • Ceramic Matrix
  • Metal Matrix 

By Application:

  • Interior
  • Exterior

By Manufacturing Process:

  • AFP/ATL
  • Lay-up
  • Resin Transfer Molding
  • Filament Winding
  • Others

By Aircraft Type:

  • Commercial Aircraft
  • Business & General Aviation
  • Civil Helicopter
  • Military Aircraft
  • Others 

By Region:

  • North America
  • Europe
  • APAC
  • MEA
  • Latin America

Recent Developments

  • In December 2019, Solvay and SGL Carbon entered into a joint development agreement (JDA) to bring to market the first composite materials based on large-tow intermediate modulus (IM) carbon fiber. These materials address the need to reduce costs and CO2 emissions and improve the production process and fuel efficiency of next-generation commercial aircraft.
  • In January 2019, Teijin Limited entered into an agreement with Boeing for the supply of unidirectional pre-impregnated tape (TENAX TPUD). This helped the company in its medium-term growth in the aircraft business.
  • In February 2019, Teijin Limited acquired Renegade Materials Corporation, a supplier of highly heat-resistant thermoset prepreg for the aerospace industry in North America. This helped the company to solidify its position as a leading provider of solutions for aerospace applications.

Frequently Asked Questions (FAQ):

To speak to our analyst for a discussion on the above findings, click Speak to Analyst


TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 31)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
    1.3 MARKET SCOPE
           FIGURE 1 AEROSPACE COMPOSITES MARKET SEGMENTATION
           FIGURE 2 REGIONS COVERED
           1.3.1 YEARS CONSIDERED FOR THE STUDY
    1.4 CURRENCY
    1.5 UNIT CONSIDERED
    1.6 STAKEHOLDERS
    1.7 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 35)
    2.1 RESEARCH DATA
           FIGURE 3 AEROSPACE COMPOSITES MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Key industry insights
                    2.1.2.3 Breakdown of primary interviews
    2.2 MARKET SIZE ESTIMATION
           2.2.1 DEMAND-SIDE ANALYSIS
                    FIGURE 4 MARKET NUMBER ESTIMATION
           2.2.2 SEGMENT ANALYSIS
           2.2.3 FORECAST
    2.3 DATA TRIANGULATION
           FIGURE 5 AEROSPACE COMPOSITES MATERIALS MARKET: DATA TRIANGULATION
    2.4 ASSUMPTIONS
    2.5 LIMITATIONS

3 EXECUTIVE SUMMARY (Page No. - 43)
    FIGURE 6 CARBON FIBER COMPOSITES TO DOMINATE AEROSPACE COMPOSITES MARKET
    FIGURE 7 POLYMER MATRIX RECORDED LARGEST MARKET SHARE
    FIGURE 8 AFP/ATL MANUFACTURING PROCESS REGISTERED LARGEST MARKET SHARE
    FIGURE 9 COMMERCIAL AIRCRAFT ACCOUNTED FOR THE LARGEST MARKET SHARE
    FIGURE 10 EXTERIOR APPLICATION SEGMENT ACCOUNTED FOR LARGER MARKET SHARE
    FIGURE 11 EUROPE ACCOUNTED FOR LARGEST MARKET SHARE

4 PREMIUM INSIGHTS (Page No. - 48)
    4.1 ATTRACTIVE OPPORTUNITIES IN AEROSPACE COMPOSITES MARKET
           FIGURE 12 HIGH DEMAND FROM COMMERCIAL AIRCRAFT SEGMENT TO DRIVE THE MARKET
    4.2 AEROSPACE COMPOSITES MARKET, BY FIBER TYPE AND REGION, 2019
           FIGURE 13 CARBON FIBER COMPOSITES SEGMENT AND EUROPE ACCOUNTED FOR LARGEST SHARES
    4.3 AEROSPACE COMPOSITES MARKET, BY MATRIX TYPE
           FIGURE 14 POLYMER MATRIX TO BE LARGEST SEGMENT
    4.4 AEROSPACE COMPOSITES MARKET, BY APPLICATION
           FIGURE 15 EXTERIOR APPLICATION WAS LARGER SEGMENT
    4.5 AEROSPACE COMPOSITES MARKET, BY MANUFACTURING PROCESS
           FIGURE 16 AFL/ATL PROCESS ACCOUNTED FOR LARGEST SHARE
    4.6 AEROSPACE COMPOSITES MARKET, BY AIRCRAFT TYPE
           FIGURE 17 COMMERCIAL AIRCRAFT SEGMENT ACCOUNTED FOR LARGEST SHARE
    4.7 AEROSPACE COMPOSITES MARKET, BY KEY COUNTRIES
           FIGURE 18 CHINA TO REGISTER HIGHEST CAGR

5 MARKET OVERVIEW (Page No. - 51)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           FIGURE 19 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN AEROSPACE COMPOSITES MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Government stimulus packages for the aerospace industry amid the COVID-19 crisis
                    5.2.1.2 High demand for composite materials from the aerospace industry
                    5.2.1.3 Development of fuel-efficient aircraft
           5.2.2 RESTRAINTS
                    5.2.2.1 Decrease in the number of commercial aircraft deliveries
                    5.2.2.2 Disruption in the supply chain and lower production capacity utilization due to the COVID-19 pandemic
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Reduction in the cost of carbon fiber
                    5.2.3.2 Development of advanced software tools for aerospace composites
           5.2.4 CHALLENGES
                    5.2.4.1 Maintaining uninterrupted supply chain and operating at full production capacity
                    5.2.4.2 Liquidity crunch
    5.3 PORTER’S FIVE FORCES ANALYSIS
           FIGURE 20 AEROSPACE COMPOSITES MARKET: PORTER’S FIVE FORCES ANALYSIS
           5.3.1 THREAT OF NEW ENTRANTS
           5.3.2 THREAT OF SUBSTITUTES
           5.3.3 BARGAINING POWER OF SUPPLIERS
           5.3.4 BARGAINING POWER OF BUYERS
           5.3.5 INTENSITY OF COMPETITIVE RIVALRY
    5.4 VALUE CHAIN ANALYSIS
           FIGURE 21 VALUE CHAIN ANALYSIS: MAXIMUM VALUE IS ADDED DURING AEROSPACE COMPOSITES DESIGN & PROCESSING PHASE
    5.5 ECOSYSTEM/MARKET MAP
           5.5.1 RAW MATERIAL ANALYSIS
           5.5.2 MANUFACTURING PROCESS ANALYSIS
           5.5.3 FINAL PRODUCT ANALYSIS

6 MACROECONOMIC OVERVIEW AND KEY TRENDS IN THE AEROSPACE INDUSTRY (Page No. - 59)
    6.1 MACROECONOMIC OVERVIEW AND KEY TRENDS IN THE AEROSPACE INDUSTRY
           6.1.1 INTRODUCTION
           6.1.2 TRENDS AND FORECAST OF GDP
                    TABLE 1 ANNUAL PERCENTAGE CHANGE OF GDP, BY REGION, APRIL 2020
           6.1.3 TRENDS IN THE AEROSPACE INDUSTRY
                    TABLE 2 NUMBER OF AIRPLANE DELIVERIES, BY MANUFACTURER, 2019
                    6.1.3.1 Disruption in the industry
                    6.1.3.2 Impact on customers’ output & strategies to resume/improve production
                    6.1.3.3 Impact on customers’ revenue
                    6.1.3.4 Most affected countries
                    6.1.3.5 Short-term strategies to manage the cost structure and supply chains
                    6.1.3.6 New opportunities

7 AEROSPACE COMPOSITES MARKET, BY FIBER TYPE (Page No. - 63)
    7.1 INTRODUCTION
           FIGURE 22 CARBON FIBER COMPOSITES SEGMENT TO DOMINATE THE MARKET
           TABLE 3 AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (USD MILLION)
           TABLE 4 AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (KILOTON)
    7.2 CARBON FIBER COMPOSITES
           7.2.1 DECREASE IN THE COST OF AEROSPACE-GRADE CARBON FIBERS
                    FIGURE 23 EUROPE TO ACCOUNT FOR THE LARGEST SHARE IN THE CARBON FIBER AEROSPACE COMPOSITES MARKET
                    TABLE 5 CARBON FIBER AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
                    TABLE 6 CARBON FIBER AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
    7.3 CERAMIC FIBER COMPOSITES
           7.3.1 HIGH TEMPERATURE STRENGTH AND WEAR RESISTANCE
                    TABLE 7 CERAMIC FIBER AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
                    TABLE 8 CERAMIC FIBER AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
    7.4 GLASS FIBER COMPOSITES
           7.4.1 PROPERTIES SUITABLE FOR REINFORCING AIRCRAFT LAMINATES
                    TABLE 9 GLASS FIBER AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
                    TABLE 10 GLASS FIBER AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
    7.5 OTHERS
           TABLE 11 OTHER FIBER AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
           TABLE 12 OTHER FIBER AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (KILOTON)

8 AEROSPACE COMPOSITES MARKET, BY MATRIX TYPE (Page No. - 71)
    8.1 INTRODUCTION
           FIGURE 24 POLYMER MATRIX COMPOSITES SEGMENT TO DOMINATE THE MARKET
           TABLE 13 AEROSPACE COMPOSITES MARKET SIZE, BY MATRIX TYPE, 2018–2025 (USD MILLION)
           TABLE 14 AEROSPACE COMPOSITES MARKET SIZE, BY MATRIX TYPE, 2018–2025 (KILOTON)
    8.2 POLYMER MATRIX COMPOSITES
           8.2.1 POSSESS HIGH STRENGTH, STIFFNESS, TOUGHNESS, AND LOW DENSITY
                    FIGURE 25 EUROPE TO ACCOUNT FOR LARGEST SHARE IN POLYMER MATRIX COMPOSITES MARKET
                    TABLE 15 POLYMER MATRIX COMPOSITES: AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
                    TABLE 16 POLYMER MATRIX COMPOSITES: AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
           8.2.2 THERMOSET POLYMER MATRIX COMPOSITES
                    TABLE 17 THERMOSET POLYMER MATRIX COMPOSITES: AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
                    TABLE 18 THERMOSET POLYMER MATRIX COMPOSITES: AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
           8.2.3 EPOXY
                    8.2.3.1 Epoxy composites are extensively used in airframes of commercial aircraft
           8.2.4 PHENOLIC
                    8.2.4.1 Phenolic resins offer high heat resistance and excellent dimensional stability
           8.2.5 POLYAMIDE
                    8.2.5.1 Polyimide composites films are used in insulation for aircraft and missile wire cables
           8.2.6 OTHERS
                    TABLE 19 THERMOSET POLYMER MATRIX COMPOSITES: AEROSPACE COMPOSITES MARKET SIZE, BY RESIN TYPE, 2018–2025 (USD MILLION)
                    TABLE 20 THERMOSET POLYMER MATRIX COMPOSITES: AEROSPACE COMPOSITES MARKET SIZE, BY RESIN TYPE, 2018–2025 (KILOTON)
           8.2.7 THERMOPLASTIC POLYMER MATRIX COMPOSITES
                    TABLE 21 THERMOPLASTIC POLYMER MATRIX COMPOSITES: AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
                    TABLE 22 THERMOPLASTIC POLYMER MATRIX COMPOSITES: AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
           8.2.8 PEEK
                    8.2.8.1 PEEK resin-based composites are the most preferred thermoplastic composites in the aerospace industry
           8.2.9 PEI
                    8.2.9.1 PEI resin-based composites used in interior applications
           8.2.10 OTHERS
                    TABLE 23 THERMOPLASTIC POLYMER MATRIX COMPOSITES: AEROSPACE COMPOSITES MARKET, BY RESIN TYPE, 2018–2025 (USD MILLION)
                    TABLE 24 THERMOPLASTIC POLYMER MATRIX COMPOSITES: AEROSPACE COMPOSITES MARKET, BY RESIN TYPE, 2018–2025 (KILOTON)
    8.3 CERAMIC MATRIX COMPOSITES
           8.3.1 HIGH TEMPERATURE PROPERTIES DRIVING APPLICATIONS IN ENGINE COMPONENTS
                    TABLE 25 CERAMIC MATRIX COMPOSITES: AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
                    TABLE 26 CERAMIC MATRIX COMPOSITES: AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
    8.4 METAL MATRIX COMPOSITES
                    TABLE 27 METAL MATRIX COMPOSITES: AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
                    TABLE 28 METAL MATRIX COMPOSITES: AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (KILOTON)

9 AEROSPACE COMPOSITES MARKET, BY APPLICATION (Page No. - 82)
    9.1 INTRODUCTION
           FIGURE 26 EXTERIOR APPLICATION TO DOMINATE AEROSPACE COMPOSITES MARKET
           TABLE 29 AEROSPACE COMPOSITES MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
           TABLE 30 AEROSPACE COMPOSITES MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
    9.2 INTERIOR
           9.2.1 SEATS
                    9.2.1.1 Weight reduction and increase in number of seats per aircraft
           9.2.2 CABIN
                    9.2.2.1 Thermoplastic and thermoset composites replacing metals in aircraft cabins
           9.2.3 SANDWICH PANELS
                    9.2.3.1 Applications in aircraft ceiling and walls
           9.2.4 ENVIRONMENTAL CONTROL SYSTEM (ECS) DUCTING
                    9.2.4.1 FST properties driving demand for aerospace composites in ECS ducting
                               TABLE 31 AEROSPACE COMPOSITES MARKET SIZE IN INTERIOR APPLICATION, BY REGION, 2018–2025 (USD MILLION)
                               TABLE 32 AEROSPACE COMPOSITES MARKET SIZE IN INTERIOR APPLICATION, BY REGION, 2018–2025 (KILOTON)
    9.3 EXTERIOR
           9.3.1 FUSELAGE
                    9.3.1.1 Use of carbon fiber composites and Nomex honeycomb core material to make fuselage
           9.3.2 ENGINE
                    9.3.2.1 Ceramic matrix composites widely used in engines
           9.3.3 WINGS
                    9.3.3.1 Wings made with composites increase fuel efficiency
           9.3.4 ROTOR BLADES
                    9.3.4.1 Less expensive, easy to maintain, and durable blades
           9.3.5 TAIL BOOM
                    9.3.5.1 Tail booms made with composites can be about 30% lighter than booms made of aluminum
                               TABLE 33 AEROSPACE COMPOSITES MARKET SIZE IN EXTERIOR APPLICATION, BY REGION, 2018–2025 (USD MILLION)
                               TABLE 34 AEROSPACE COMPOSITES MARKET SIZE IN EXTERIOR APPLICATION, BY REGION, 2018–2025 (KILOTON)

10 AEROSPACE COMPOSITES MARKET, BY MANUFACTURING PROCESS (Page No. - 88)
     10.1 INTRODUCTION
               FIGURE 27 AFP/ATL PROCESS TO DOMINATE AEROSPACE COMPOSITES MARKET
               TABLE 35 AEROSPACE COMPOSITES MARKET SIZE, BY MANUFACTURING PROCESS, 2018–2025 (USD MILLION)
               TABLE 36 AEROSPACE COMPOSITES MARKET SIZE, BY MANUFACTURING PROCESS, 2018–2025 (KILOTON)
     10.2 AFP/ATL
             10.2.1 INCREASE PRODUCTION AND PRECISION IN MANUFACTURING AEROSPACE COMPOSITES
                       TABLE 37 AFP/ATL: AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
                       TABLE 38 AFP/ATL: AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
     10.3 LAY-UP
             10.3.1 HAND LAY-UP AND SPRAY LAY-UP OFFERING VARIOUS ADVANTAGES
                       TABLE 39 LAY-UP: AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
                       TABLE 40 LAY-UP: AEROSPACE COMPOSITES MARKET, BY REGION, 2018–2025 (KILOTON)
     10.4 RESIN TRANSFER MOLDING
             10.4.1 USES A CLOSED MOLD THAT PROVIDES TIGHTER CONTROL OF TOLERANCES AND HIGH SURFACE FINISH
                       TABLE 41 RESIN TRANSFER MOLDING: AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
                       TABLE 42 RESIN TRANSFER MOLDING: AEROSPACE COMPOSITES MARKET, BY REGION, 2018–2025 (KILOTON)
     10.5 FILAMENT WINDING
             10.5.1 AN ECONOMICAL PROCESS OFFERING QUICK PROCESSING TIME AND EASE-OF-HANDLING
                       TABLE 43 FILAMENT WINDING: AEROSPACE COMPOSITES MARKET, BY REGION, 2018–2025 (USD MILLION)
                       TABLE 44 FILAMENT WINDING: AEROSPACE COMPOSITES MARKET, BY REGION, 2018–2025 (KILOTON)
     10.6 OTHER PROCESSES
                       TABLE 45 OTHER MANUFACTURING PROCESSES: AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
                       TABLE 46 OTHER MANUFACTURING PROCESSES: AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (KILOTON)

11 AEROSPACE COMPOSITES MARKET, BY AIRCRAFT TYPE (Page No. - 96)
     11.1 INTRODUCTION
               FIGURE 28 COMMERCIAL AIRCRAFT SEGMENT TO DOMINATE AEROSPACE COMPOSITES MARKET
               TABLE 47 AEROSPACE COMPOSITES MARKET SIZE, BY AIRCRAFT TYPE, 2018–2025 (USD MILLION)
               TABLE 48 AEROSPACE COMPOSITES MARKET SIZE, BY AIRCRAFT TYPE, 2018–2025 (KILOTON)
     11.2 COMMERCIAL AIRCRAFT
             11.2.1 NEW AIRPLANE DELIVERIES IN THIS SEGMENT TO CREATE HIGH DEMAND FOR COMPOSITES
                       TABLE 49 COMMERCIAL AIRCRAFT: AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
                       TABLE 50 COMMERCIAL AIRCRAFT: AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
             11.2.2 SINGLE-AISLE AIRCRAFT
             11.2.3 WIDE BODY AIRCRAFT
             11.2.4 REGIONAL JETS
     11.3 BUSINESS & GENERAL AVIATION
             11.3.1 BUSINESS JETS ARE THE LARGEST CONSUMERS OF COMPOSITE MATERIALS
             11.3.2 BUSINESS JET
             11.3.3 PISTON & TURBOPROP
             11.3.4 BUSINESS & GENERAL AVIATION: AEROSPACE COMPOSITES MARKET SIZE, BY AIRCRAFT TYPE
                       TABLE 51 BUSINESS & GENERAL AVIATION: AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
                       TABLE 52 BUSINESS & GENERAL AVIATION: AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
     11.4 CIVIL HELICOPTER
             11.4.1 COMPOSITES REDUCE THE PART COUNT IN HELICOPTERS
                       TABLE 53 CIVIL HELICOPTER: AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
                       TABLE 54 CIVIL HELICOPTER: AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
     11.5 MILITARY AIRCRAFT
             11.5.1 AEROSPACE COMPOSITES ENABLE MILITARY AIRCRAFT TO MEET IMPROVED PERFORMANCE REQUIREMENTS
                       TABLE 55 MILITARY AIRCRAFT: AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
                       TABLE 56 MILITARY AIRCRAFT: AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
     11.6 OTHERS
             11.6.1 UNMANNED AERIAL VEHICLE (UAV)
             11.6.2 SPACECRAFT
                       TABLE 57 OTHER AIRCRAFT TYPES: AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
                       TABLE 58 OTHER AIRCRAFT TYPES: AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (KILOTON)

12 AEROSPACE COMPOSITES MARKET, BY REGION (Page No. - 106)
     12.1 INTRODUCTION
               FIGURE 29 CHINA TO REGISTER HIGHEST GROWTH RATE DURING FORECAST PERIOD
               TABLE 59 AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
               TABLE 60 AEROSPACE COMPOSITES MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
     12.2 NORTH AMERICA
               FIGURE 30 NORTH AMERICA: AEROSPACE COMPOSITES MARKET SNAPSHOT
               TABLE 61 NORTH AMERICA: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (USD MILLION)
               TABLE 62 NORTH AMERICA: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (KILOTON)
               TABLE 63 NORTH AMERICA: AEROSPACE COMPOSITES MARKET SIZE, BY MATRIX TYPE, 2018–2025 (USD MILLION)
               TABLE 64 NORTH AMERICA: AEROSPACE COMPOSITES MARKET SIZE, BY MATRIX TYPE, 2018–2025 (KILOTON)
               TABLE 65 NORTH AMERICA: POLYMER MATRIX COMPOSITES MARKET SIZE, BY RESIN TYPE, 2018–2025 (USD MILLION)
               TABLE 66 NORTH AMERICA: POLYMER MATRIX COMPOSITES MARKET SIZE, BY RESIN TYPE, 2018–2025 (KILOTON)
               TABLE 67 NORTH AMERICA: AEROSPACE COMPOSITES MARKET SIZE, BY MANUFACTURING PROCESS, 2018–2025 (USD MILLION)
               TABLE 68 NORTH AMERICA: AEROSPACE COMPOSITES MARKET SIZE, BY MANUFACTURING PROCESS, 2018–2025 (KILOTON)
               TABLE 69 NORTH AMERICA: AEROSPACE COMPOSITES MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
               TABLE 70 NORTH AMERICA: AEROSPACE COMPOSITES MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
               TABLE 71 NORTH AMERICA: AEROSPACE COMPOSITES MARKET SIZE, BY AIRCRAFT TYPE, 2018–2025 (USD MILLION)
               TABLE 72 NORTH AMERICA: AEROSPACE COMPOSITES MARKET SIZE, BY AIRCRAFT TYPE, 2018–2025 (KILOTON)
               TABLE 73 NORTH AMERICA: AEROSPACE COMPOSITES MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
               TABLE 74 NORTH AMERICA: AEROSPACE COMPOSITES MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
             12.2.1 US
                       12.2.1.1 Largest aerospace composites consumer in North America
                       TABLE 75 US: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (USD MILLION)
                       TABLE 76 US: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (KILOTON)
             12.2.2 CANADA
                       12.2.2.1 Fifth-largest aerospace industry
                       TABLE 77 CANADA: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (USD MILLION)
                       TABLE 78 CANADA: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (KILOTON)
     12.3 EUROPE
               FIGURE 31 EUROPE: AEROSPACE COMPOSITES MARKET SNAPSHOT
               TABLE 79 EUROPE: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (USD MILLION)
               TABLE 80 EUROPE: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (KILOTON)
               TABLE 81 EUROPE: AEROSPACE COMPOSITES MARKET SIZE, BY MATRIX TYPE, 2018–2025 (USD MILLION)
               TABLE 82 EUROPE: AEROSPACE COMPOSITES MARKET SIZE, BY MATRIX TYPE, 2018–2025 (KILOTON)
               TABLE 83 EUROPE: POLYMER MATRIX COMPOSITES MARKET SIZE, BY RESIN TYPE, 2018–2025 (USD MILLION)
               TABLE 84 EUROPE: POLYMER MATRIX COMPOSITES MARKET SIZE, BY RESIN TYPE, 2018–2025 (KILOTON)
               TABLE 85 EUROPE: AEROSPACE COMPOSITES MARKET SIZE, BY MANUFACTURING PROCESS, 2018–2025 (USD MILLION)
               TABLE 86 EUROPE: AEROSPACE COMPOSITES MARKET SIZE, BY MANUFACTURING PROCESS, 2018–2025 (KILOTON)
               TABLE 87 EUROPE: AEROSPACE COMPOSITES MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
               TABLE 88 EUROPE: AEROSPACE COMPOSITES MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
               TABLE 89 EUROPE: AEROSPACE COMPOSITES MARKET SIZE, BY AIRCRAFT TYPE, 2018–2025 (USD MILLION)
               TABLE 90 EUROPE: AEROSPACE COMPOSITES MARKET SIZE, BY AIRCRAFT TYPE, 2018–2025 (KILOTON)
               TABLE 91 EUROPE: AEROSPACE COMPOSITES MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
               TABLE 92 EUROPE: AEROSPACE COMPOSITES MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
             12.3.1 FRANCE
                       12.3.1.1 Largest aerospace composites consumer in Europe
                                   TABLE 93 FRANCE: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (USD MILLION)
                                   TABLE 94 FRANCE: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (KILOTON)
             12.3.2 GERMANY
                       12.3.2.1 Second-largest market for aerospace composites in Europe
                                   TABLE 95 GERMANY: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (USD MILLION)
                                   TABLE 96 GERMANY: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (KILOTON)
             12.3.3 UK
                       12.3.3.1 One of the major exporters of aerospace composite materials in Europe
                                   TABLE 97 UK: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (USD MILLION)
                                   TABLE 98 UK: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (KILOTON)
             12.3.4 ITALY
                       12.3.4.1 Largest carbon fiber composites market
                                   TABLE 99 ITALY: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (USD MILLION)
                                   TABLE 100 ITALY: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (KILOTON)
             12.3.5 SPAIN
                       12.3.5.1 One of the major space composite manufacturers
                                   TABLE 101 SPAIN: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (USD MILLION)
                                   TABLE 102 SPAIN: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (KILOTON)
             12.3.6 RUSSIA
                       12.3.6.1 Focus on developing defense helicopters and aircraft with carbon fiber composites
                                   TABLE 103 RUSSIA: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (USD MILLION)
                                   TABLE 104 RUSSIA: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (KILOTON)
             12.3.7 REST OF EUROPE
                       TABLE 105 REST OF EUROPE: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (USD MILLION)
                       TABLE 106 REST OF EUROPE: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (KILOTON)
     12.4 APAC
               FIGURE 32 CHINA TO REGISTER THE HIGHEST CAGR DURING FORECAST PERIOD
               TABLE 107 APAC: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (USD MILLION)
               TABLE 108 APAC: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (KILOTON)
               TABLE 109 APAC: AEROSPACE COMPOSITES MARKET SIZE, BY MATRIX TYPE, 2018–2025 (USD MILLION)
               TABLE 110 APAC: AEROSPACE COMPOSITES MARKET SIZE, BY MATRIX TYPE, 2018–2025 (KILOTON)
               TABLE 111 APAC: POLYMER MATRIX COMPOSITES MARKET SIZE, BY RESIN TYPE, 2018–2025 (USD MILLION)
               TABLE 112 APAC: POLYMER MATRIX COMPOSITES MARKET SIZE, BY RESIN TYPE, 2018–2025 (KILOTON)
               TABLE 113 APAC: AEROSPACE COMPOSITES MARKET SIZE, BY MANUFACTURING PROCESS, 2018–2025 (USD MILLION)
               TABLE 114 APAC: AEROSPACE COMPOSITES MARKET SIZE, BY MANUFACTURING PROCESS, 2018–2025 (KILOTON)
               TABLE 115 APAC: AEROSPACE COMPOSITES MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
               TABLE 116 APAC: AEROSPACE COMPOSITES MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
               TABLE 117 APAC: AEROSPACE COMPOSITES MARKET SIZE, BY AIRCRAFT TYPE, 2018–2025 (USD MILLION)
               TABLE 118 APAC: AEROSPACE COMPOSITES MARKET SIZE, BY AIRCRAFT TYPE, 2018–2025 (KILOTON)
               TABLE 119 APAC: AEROSPACE COMPOSITES MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
               TABLE 120 APAC: AEROSPACE COMPOSITES MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
             12.4.1 CHINA
                       12.4.1.1 Largest aerospace composites consumer in APAC
                                   TABLE 121 CHINA: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (USD MILLION)
                                   TABLE 122 CHINA: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (KILOTON)
             12.4.2 JAPAN
                       12.4.2.1 Second-largest market for aerospace composites in APAC
                                   TABLE 123 JAPAN: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (USD MILLION)
                                   TABLE 124 JAPAN: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (KILOTON)
             12.4.3 INDIA
                       12.4.3.1 Potential to replace China as a major aircraft manufacturing hub
                                   TABLE 125 INDIA: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (USD MILLION)
                                   TABLE 126 INDIA: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (KILOTON)
             12.4.4 SOUTH KOREA
                       12.4.4.1 Major focus on making lightweight aircraft parts
                                   TABLE 127 SOUTH KOREA: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (USD MILLION)
                                   TABLE 128 SOUTH KOREA: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (KILOTON)
             12.4.5 AUSTRALIA
                       12.4.5.1 Presence of major aircraft composite manufacturers
                                   TABLE 129 AUSTRALIA: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (USD MILLION)
                                   TABLE 130 AUSTRALIA: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (KILOTON)
             12.4.6 MALAYSIA
                       12.4.6.1 Supply agreements between aircraft manufacturers and raw material suppliers
                                   TABLE 131 MALAYSIA: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (USD MILLION)
                                   TABLE 132 MALAYSIA: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (KILOTON)
             12.4.7 REST OF APAC
                                   TABLE 133 REST OF APAC: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (USD MILLION)
                                   TABLE 134 REST OF APAC: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (KILOTON)
     12.5 MEA
               TABLE 135 MEA: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (USD MILLION)
               TABLE 136 MEA: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (KILOTON)
               TABLE 137 MEA: AEROSPACE COMPOSITES MARKET SIZE, BY MATRIX TYPE, 2018–2025 (USD MILLION)
               TABLE 138 MEA: AEROSPACE COMPOSITES MARKET SIZE, BY MATRIX TYPE, 2018–2025 (KILOTON)
               TABLE 139 MEA: POLYMER MATRIX COMPOSITES MARKET SIZE, BY RESIN TYPE, 2018–2025 (USD MILLION)
               TABLE 140 MEA: POLYMER MATRIX COMPOSITES MARKET SIZE, BY RESIN TYPE, 2018–2025 (KILOTON)
               TABLE 141 MEA: AEROSPACE COMPOSITES MARKET SIZE, BY MANUFACTURING PROCESS, 2018–2025 (USD MILLION)
               TABLE 142 MEA: AEROSPACE COMPOSITES MARKET SIZE, BY MANUFACTURING PROCESS, 2018–2025 (KILOTON)
               TABLE 143 MEA: AEROSPACE COMPOSITES MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
               TABLE 144 MEA: AEROSPACE COMPOSITES MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
               TABLE 145 MEA: AEROSPACE COMPOSITES MARKET SIZE, BY AIRCRAFT TYPE, 2018–2025 (USD MILLION)
               TABLE 146 MEA: AEROSPACE COMPOSITES MARKET SIZE, BY AIRCRAFT TYPE, 2018–2025 (KILOTON)
               TABLE 147 MEA: AEROSPACE COMPOSITES MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
               TABLE 148 MEA: AEROSPACE COMPOSITES MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
             12.5.1 ISRAEL
                       12.5.1.1 World’s largest UAV producer
                                   TABLE 149 ISRAEL: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (USD MILLION)
                                   TABLE 150 ISRAEL: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (KILOTON)
             12.5.2 UAE
                       12.5.2.1 Second-largest market for aerospace composites in MEA
                                   TABLE 151 UAE: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (USD MILLION)
                                   TABLE 152 UAE: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (KILOTON)
             12.5.3 SOUTH AFRICA
                       12.5.3.1 Local and international investments to boost the market
                                   TABLE 153 SOUTH AFRICA: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (USD MILLION)
                                   TABLE 154 SOUTH AFRICA: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (KILOTON)
             12.5.4 REST OF MEA
                                   TABLE 155 REST OF MEA: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (USD MILLION)
                                   TABLE 156 REST OF MEA: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (KILOTON)
     12.6 LATIN AMERICA
               TABLE 157 LATIN AMERICA: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (USD MILLION)
               TABLE 158 LATIN AMERICA: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (KILOTON)
               TABLE 159 LATIN AMERICA: AEROSPACE COMPOSITES MARKET SIZE, BY MATRIX TYPE, 2018–2025 (USD MILLION)
               TABLE 160 LATIN AMERICA: AEROSPACE COMPOSITES MARKET SIZE, BY MATRIX TYPE, 2018–2025 (KILOTON)
               TABLE 161 LATIN AMERICA: POLYMER MATRIX COMPOSITES MARKET SIZE, BY RESIN TYPE, 2018–2025 (USD MILLION)
               TABLE 162 LATIN AMERICA: POLYMER MATRIX COMPOSITES MARKET SIZE, BY RESIN TYPE, 2018–2025 (KILOTON)
               TABLE 163 LATIN AMERICA: AEROSPACE COMPOSITES MARKET SIZE, BY MANUFACTURING PROCESS, 2018–2025 (USD MILLION)
               TABLE 164 LATIN AMERICA: AEROSPACE COMPOSITES MARKET SIZE, BY MANUFACTURING PROCESS, 2018–2025 (KILOTON)
               TABLE 165 LATIN AMERICA: AEROSPACE COMPOSITES MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
               TABLE 166 LATIN AMERICA: AEROSPACE COMPOSITES MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
               TABLE 167 LATIN AMERICA: AEROSPACE COMPOSITES MARKET SIZE, BY AIRCRAFT TYPE, 2018–2025 (USD MILLION)
               TABLE 168 LATIN AMERICA: AEROSPACE COMPOSITES MARKET SIZE, BY AIRCRAFT TYPE, 2018–2025 (KILOTON)
               TABLE 169 LATIN AMERICA: AEROSPACE COMPOSITES MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
               TABLE 170 LATIN AMERICA: AEROSPACE COMPOSITES MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
               12.6.1 BRAZIL
                       12.6.1.1 Largest aerospace composites consumer in Latin America
                                   TABLE 171 BRAZIL: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (USD MILLION)
                                   TABLE 172 BRAZIL: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (KILOTON)
             12.6.2 MEXICO
                       12.6.2.1 Second-largest market for aerospace composites in Latin America
                                   TABLE 173 MEXICO: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (USD MILLION)
                                   TABLE 174 MEXICO: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (KILOTON)
             12.6.3 REST OF LATIN AMERICA
                                   TABLE 175 REST OF LATIN AMERICA: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (USD MILLION)
                                   TABLE 176 REST OF LATIN AMERICA: AEROSPACE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2018–2025 (KILOTON)

13 COMPETITIVE LANDSCAPE (Page No. - 160)
     13.1 INTRODUCTION
               FIGURE 33 AGREEMENT & PARTNERSHIP IS THE KEY GROWTH STRATEGY ADOPTED BETWEEN 2016 AND 2020
     13.2 COMPETITIVE LEADERSHIP MAPPING
             13.2.1 VISIONARY LEADERS
             13.2.2 DYNAMIC DIFFERENTIATORS
             13.2.3 EMERGING COMPANIES
             13.2.4 INNOVATORS
                       FIGURE 34 AEROSPACE COMPOSITES MARKET: COMPETITIVE LEADERSHIP MAPPING, 2019
     13.3 STRENGTH OF PRODUCT PORTFOLIO
               FIGURE 35 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN AEROSPACE COMPOSITES MARKET
     13.4 BUSINESS STRATEGY EXCELLENCE
               FIGURE 36 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN AEROSPACE COMPOSITES MARKET
     13.5 MARKET RANKING
               FIGURE 37 MARKET RANKING OF KEY PLAYERS, 2019
     13.6 COMPETITIVE SCENARIO
             13.6.1 NEW PRODUCT LAUNCH/NEW PRODUCT DEVELOPMENT
                       TABLE 177 NEW PRODUCT LAUNCHES/NEW PRODUCT DEVELOPMENTS, 2016–2020
             13.6.2 EXPANSION
                       TABLE 178 EXPANSIONS, 2016-2020
             13.6.3 AGREEMENT & PARTNERSHIP
                       TABLE 179 AGREEMENT & PARTNERSHIP, 2016-2020
             13.6.4 MERGER & ACQUISITION
                       TABLE 180 MERGER & ACQUISITIONS, 2016-2020

14 COMPANY PROFILES (Page No. - 171)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, winning imperatives, Current Focus and Strategies, Threat from Competition, Right to Win)*
     14.1 SOLVAY
               FIGURE 38 SOLVAY: COMPANY SNAPSHOT
               FIGURE 39 SOLVAY: SWOT ANALYSIS
     14.2 TORAY INDUSTRIES, INC.
               FIGURE 40 TORAY INDUSTRIES, INC.: COMPANY SNAPSHOT
               FIGURE 41 TORAY INDUSTRIES, INC.: SWOT ANALYSIS
     14.3 MITSUBISHI CHEMICAL HOLDINGS
               FIGURE 42 MITSUBISHI CHEMICAL HOLDINGS: COMPANY SNAPSHOT
               FIGURE 43 MITSUBISHI CHEMICAL HOLDINGS: SWOT ANALYSIS
     14.4 HEXCEL CORPORATION
               FIGURE 44 HEXCEL CORPORATION: COMPANY SNAPSHOT
               FIGURE 45 HEXCEL CORPORATION: SWOT ANALYSIS
     14.5 TEIJIN LIMITED
               FIGURE 46 TEIJIN LIMITED: COMPANY SNAPSHOT
               FIGURE 47 TEIJIN LIMITED: SWOT ANALYSIS
     14.6 SGL GROUP
               FIGURE 48 SGL GROUP: COMPANY SNAPSHOT
     14.7 MATERION CORPORATION
               FIGURE 49 MATERION CORPORATION: COMPANY SNAPSHOT
     14.8 OWENS CORNING
               FIGURE 50 OWENS CORNING: COMPANY SNAPSHOT
     14.9 SPIRIT AEROSYSTEMS
               FIGURE 51 SPIRIT AEROSYSTEMS: COMPANY SNAPSHOT
     14.10 LEE AEROSPACE
     14.11 OTHER COMPANIES
               14.11.1 GURIT
               14.11.2 GENERAL ELECTRIC
               14.11.3 ROLLS-ROYCE
               14.11.4 KINECO KAMAN
               14.11.5 NIPPON GRAPHITE FIBER
               14.11.6 HYOSUNG
               14.11.7 QUANTUM COMPOSITES
               14.11.8 ALBANY ENGINEERED COMPOSITES
               14.11.9 PRF COMPOSITE MATERIALS
               14.11.10 VICTREX

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, winning imperatives, Current Focus and Strategies, Threat from Competition, Right to Win might not be captured in case of unlisted companies.

15 APPENDIX (Page No. - 204)
     15.1 DISCUSSION GUIDE
     15.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
     15.3 AVAILABLE CUSTOMIZATIONS
     15.4 RELATED REPORTS
     15.5 AUTHOR DETAILS

The study involves two major activities in estimating the current size of the aerospace composites market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the total market size. After that, market breakdown and data triangulation procedures were used to determine the extent of market segments and sub-segments.

Secondary Research

In the secondary research process, various secondary sources, such as Hoovers, Bloomberg BusinessWeek, and Factiva, were referred to, for identifying and collecting information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold standard & silver standard websites, regulatory bodies, trade directories, and databases.

Primary Research

The aerospace composites market comprises several stakeholders, such as raw material suppliers, processors, end-product manufacturers, and regulatory organizations in the supply chain. The demand side of this market is characterized by the developments in of aerospace and defense industries. Advancements in technology and diverse applications in various end-use industries describe the supply side. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.

Following is the breakdown of primary respondents:

Aerospace Composites Market Size

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the total aerospace composites market. These methods were also used extensively to determine the size of various sub-segments in the market. The research methodology used to estimate the market size included the following:

  • The key players in the industry and markets were identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall aerospace composites market size using the market size estimation processes as explained above, the market was split into several segments and sub-segments. To complete the whole market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.

Report Objectives

  • To analyze and forecast the global aerospace composites market in terms of both value and volume
  • To provide detailed information about the key factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
  • To analyze the market segmentation and forecast the market size based on fiber type, matrix type, application, manufacturing process, and aircraft type.
  • To analyze and forecast the market size and impact of COVID-19 on five main regions, namely, Asia Pacific (APAC), Europe, North America, Middle East & Africa (MEA), and Latin America
  • To strategically analyze the markets with respect to individual growth trends, prospects, and contribution to the global market
  •  To analyze the opportunities in the market for stakeholders and provide a competitive landscape of market leaders
  • To analyze competitive development strategies, such as expansion in the market
  • To strategically profile the key players and comprehensively analyze their market shares and core competencies*

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Regional Analysis

  • Further breakdown of the aerospace composites market in Rest of APAC
  • Further breakdown of the aerospace composites market in Rest of Europe
  • Further breakdown of the aerospace composites market in Rest of North America
  • Further breakdown of the aerospace composites market in Rest of MEA
  • Further breakdown of the aerospace composites market in Rest of Latin America
COVID-19

Get in-depth analysis of the COVID-19 impact on the Aerospace Composites Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the Aerospace Composites Market

Request For Special Pricing
Report Code
CH 2968
Published ON
Jul, 2020
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Aerospace Composites Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2020 MarketsandMarkets Research Private Ltd. All rights reserved
...

Digital Virtual Assistant - MarketsandMarkets

Home