"North America is the fastest-growing market for aerospace composites."
North America is expected to be the fastest-growing market for aerospace composites during the forecast period. Increased number of aircraft deliveries, clearance in the backlog of aircraft orders by commercial airline companies, and the replacement of old aircraft with advanced ones, is driving the growth of the aerospace composites market in North America. The U.S. leads the market for aerospace composites in North America. Further, the penetration of aerospace composites in the U.S. aerospace industry is expected to increase due to capacity expansion for the production of aerospace composites by major composite manufacturers, the increased budget for defense aircraft programs and growth in the aerospace industry due to a stable economy.
This study has been validated through primaries conducted with various industry experts, globally. These primary sources have been divided into the following three categories:
- By company type- Tier 1- 35%, Tier 2- 25%, and Tier 3- 40%
- By designation- C Level- 30%, Director Level- 25%, and Others- 45%
- By region- North America- 30%, Europe- 25%, Asia-Pacific- 30%, Latin America- 10% and Middle East & Africa- 5%
The report provides a comprehensive analysis of company profiles, which include:
- Solvay Group (Belgium)
- Toray Industries, Ltd. (Japan)
- Teijin Ltd. (Japan)
- Hexcel Corporation (U.S.)
- Royal Ten Cate (Netherlands)
- SGL group (Germany)
- Owens Corning (U.S.)
- Mitsubishi Rayon Co., Ltd. (Japan)
- Materion Corporation (U.S.)
- Renegade Materials Corporation (U.S.)
The report covers the global aerospace composites market and the usage of aerospace composites in various structural components of different types of aircraft. It aims at estimating the market size and future growth potential of this market across different segments such as application, service, deployment type, user type, industry verticals, and regions. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, SWOT analysis, recent developments, and key market strategies.
Reasons to buy the report:
The report will help market leaders/new entrants in this market by providing them the closest approximations of the revenues for the overall aerospace composites market and the subsegments. This report will help stakeholders to better understand the competitive landscape and gain more insights, to better position their businesses and market strategies. The report also helps the stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
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