The global aerospace composites industry is expected to reach USD 29.69 billion by 2026 exhibiting a CAGR of 9.27% between 2019 and 2026. This is owing to the rapid development of the aerospace market into developing nations of the world. Aerospace composites are made up of two or more constituent parts of plastic supported by carbon fibers. Composites help to strengthen the overall structure of the aircraft, provide fuel efficiency, and improve the overall performance of the aircraft.
What are the Objectives of the Report?
The report offers a 360-degree overview of the market and its prime growth parameters such as drivers, restraints, challenges, and upcoming opportunities. It also talks about market segmentation based on factors such as aircraft type, fiber type, and geography and the names of the leading segment with their market figures. Besides this, the report throws light on the significant key industry developments, current aerospace composites market trends, and other interesting insights into the market. The report talks about the market competition, list of market manufacturers, and the key strategies adopted by them to reach the top of the game and earn the lion’s share in the market.
List of Vendors of the Aerospace Composites Market are the following:
- Owens Corning
- Hexcel Corporation
- LMI Aerospace, Inc.
- Toray Advanced Composites
- Teijin Limited
- Solvay S.A.
- Mitsubishi Chemical Corporation
- VX Aerospace Corporation
- SGL Carbon
- Unitech Aerospace
- Other Players
Information Source:
https://www.fortunebusinessinsights.com/aerospace-composites-market-102680
