Global Aero Engine Composite Material Market Size study & Forecast, by Application, by Component, by Composite Type, by Fiber Type and Regional Analysis, 2022-2029

Description

List of Tables

Global Aero Engine Composite Material Market is valued at approximately USD 2.53 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 8.76 % over the forecast period 2022-2029. Composite materials have been used in the aerospace industry for many years, mainly in non-safety critical applications and more recently as essential structures, including such as fuselage and wing structures on the latest aircraft from Boeing, Airbus, and Bombardier. The aircraft engine is one of the most paradoxical and demanding environments for any material system. These aero-engine designs are geared at lower fuel consumption, higher thrust, and reduced weight for improved fuel economy. Furthermore, the adoption of modern aero-engine composite materials necessitates intense and advanced development initiatives. The Aero Engine Composite Material Market is expanding because of factors such as the increasing commercial aircraft composites production rate and new emission regulations that have been implemented by government agencies.

According to Statista, the aeroplane engine sector was valued at almost $80 billion in 2019. As global interconnection grows, it is expected to surpass 97 billion US dollars by 2026 due to increased demand for air travel and cargo. Composite materials are also used in the aircraft and aerospace industries to aid in the management of hostile environments. In 2017, the aircraft industry alone accounted for around 18,000 metric tons of carbon fibre demand. Composite wood, metal matrix composites, and reinforced concrete are also common examples of composite materials. Many of the world's major polluting countries committed to reaching zero carbon by 2070 during the 26th UN Climate Change Conference (COP26) in 2021. Also, the rise in technologically advanced engines and reduced cost of carbon fibers provide lucrative growth opportunities for the market during the forecast period. However, the high costs of composite materials may stifle market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Aero Engine Composite Material Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue. The existence of a significant number of players, as well as aircraft and engine component manufacturers, has contributed to the rise. Furthermore, Asia Pacific is expected to grow with the highest CAGR during the forecast period. Asia Pacific aviation passenger traffic is increasing the demand for new aircraft and modern-generation engines. Furthermore, strengthening economies and increased defence expenditures in emerging countries such as India and China drive regional market growth.

Major market players included in this report are:

Rolls Royce Holdings Plc (U.K.)
GE Aviation (U.S.)
Hexcel Corporation (U.S.)
Meggitt Plc (U.K.)
Albany International (U.S.)
Nexcelle LLC (U.S.)
Solvay (Belgium)
DuPont de Nemours, Inc. (U.S.)
Safran SA (France)
FACC AG (Austria)

Recent Developments in the Market:

In July 2022, at its Aerospace Innovation Centre (AIC), Hexcel Corporation collaborated with Spirit AeroSystems to develop more sustainable aircraft manufacturing technology for future aircraft production.

Global Aero Engine Composite Material Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Application, Component, Composite Type, Fiber Type, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Application:

Commercial Aircraft
Military Aircraft
General Aviation Aircraft

By Component:

Fan Blades
Guide Vanes
Shrouds
Engine Casing
Engine Nacelle
Other Cold End Parts

By Composite Type:

Polymer Matrix Composites
Carbon Matrix Composites
Metal Matrix Composites

By Fiber Type:

Carbon Fibers
Ceramic Fibers
Glass Fibers

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Aero Engine Composite Material Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Aero Engine Composite Material Market, by Application, 2019-2029 (USD Billion)
- 1.2.3. Aero Engine Composite Material Market, by Component, 2019-2029 (USD Billion)
- 1.2.4. Aero Engine Composite Material Market, by Composite Type, 2019-2029 (USD Billion)
- 1.2.5. Aero Engine Composite Material Market, by Fiber Type, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Aero Engine Composite Material Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Aero Engine Composite Material Market Dynamics

3.1. Aero Engine Composite Material Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing commercial aircraft composites production rate
  - 3.1.1.2. New emission regulations implemented by government agencies
- 3.1.2. Market Challenges
  - 3.1.2.1. High costs of composite materials
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rise in technologically advanced engines
  - 3.1.3.2. Reduced cost of carbon fibers

Chapter 4. Global Aero Engine Composite Material Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Aero Engine Composite Material Market, by Application

6.1. Market Snapshot
6.2. Global Aero Engine Composite Material Market by Application, Performance - Potential Analysis
6.3. Global Aero Engine Composite Material Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
6.4. Aero Engine Composite Material Market, Sub Segment Analysis
- 6.4.1. Commercial Aircraft
- 6.4.2. Military Aircraft
- 6.4.3. General Aviation Aircraft

Chapter 7. Global Aero Engine Composite Material Market, by Component

7.1. Market Snapshot
7.2. Global Aero Engine Composite Material Market by Component, Performance - Potential Analysis
7.3. Global Aero Engine Composite Material Market Estimates & Forecasts by Component 2019-2029 (USD Billion)
7.4. Aero Engine Composite Material Market, Sub Segment Analysis
- 7.4.1. Fan Blades
- 7.4.2. Guide Vanes
- 7.4.3. Shrouds
- 7.4.4. Engine Casing
- 7.4.5. Engine Nacelle
- 7.4.6. Other Cold End Parts

Chapter 8. Global Aero Engine Composite Material Market, by Composite Type

8.1. Market Snapshot
8.2. Global Aero Engine Composite Material Market by Composite Type, Performance - Potential Analysis
8.3. Global Aero Engine Composite Material Market Estimates & Forecasts by Composite Type 2019-2029 (USD Billion)
8.4. Aero Engine Composite Material Market, Sub Segment Analysis
- 8.4.1. Polymer Matrix Composites
- 8.4.2. Carbon Matrix Composites
- 8.4.3. Metal Matrix Composites

Chapter 9. Global Aero Engine Composite Material Market, by Fiber Type

9.1. Market Snapshot
9.2. Global Aero Engine Composite Material Market by Fiber Type, Performance - Potential Analysis
9.3. Global Aero Engine Composite Material Market Estimates & Forecasts by Fiber Type 2019-2029 (USD Billion)
9.4. Aero Engine Composite Material Market, Sub Segment Analysis
- 9.4.1. Carbon Fibers
- 9.4.2. Ceramic Fibers
- 9.4.3. Glass Fibers

Chapter 10. Global Aero Engine Composite Material Market, Regional Analysis

10.1. Aero Engine Composite Material Market, Regional Market Snapshot
10.2. North America Aero Engine Composite Material Market
- 10.2.1. U.S. Aero Engine Composite Material Market
  - 10.2.1.1. Application breakdown estimates & forecasts, 2019-2029
  - 10.2.1.2. Component breakdown estimates & forecasts, 2019-2029
  - 10.2.1.3. Composite Type breakdown estimates & forecasts, 2019-2029
  - 10.2.1.4. Fiber Type breakdown estimates & forecasts, 2019-2029
- 10.2.2. Canada Aero Engine Composite Material Market
10.3. Europe Aero Engine Composite Material Market Snapshot
- 10.3.1. U.K. Aero Engine Composite Material Market
- 10.3.2. Germany Aero Engine Composite Material Market
- 10.3.3. France Aero Engine Composite Material Market
- 10.3.4. Spain Aero Engine Composite Material Market
- 10.3.5. Italy Aero Engine Composite Material Market
- 10.3.6. Rest of Europe Aero Engine Composite Material Market
10.4. Asia-Pacific Aero Engine Composite Material Market Snapshot
- 10.4.1. China Aero Engine Composite Material Market
- 10.4.2. India Aero Engine Composite Material Market
- 10.4.3. Japan Aero Engine Composite Material Market
- 10.4.4. Australia Aero Engine Composite Material Market
- 10.4.5. South Korea Aero Engine Composite Material Market
- 10.4.6. Rest of Asia Pacific Aero Engine Composite Material Market
10.5. Latin America Aero Engine Composite Material Market Snapshot
- 10.5.1. Brazil Aero Engine Composite Material Market
- 10.5.2. Mexico Aero Engine Composite Material Market
- 10.5.3. Rest of Latin America Aero Engine Composite Material Market
10.6. Rest of The World Aero Engine Composite Material Market

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies
11.2. Company Profiles
- 11.2.1. Rolls Royce Holdings Plc (U.K.)
  - 11.2.1.1. Key Information
  - 11.2.1.2. Overview
  - 11.2.1.3. Financial (Subject to Data Availability)
  - 11.2.1.4. Product Summary
  - 11.2.1.5. Recent Developments
- 11.2.2. GE Aviation (U.S.)
- 11.2.3. Hexcel Corporation (U.S.)
- 11.2.4. Meggitt Plc (U.K.)
- 11.2.5. Albany International (U.S.)
- 11.2.6. Nexcelle LLC (U.S.)
- 11.2.7. Solvay (Belgium)
- 11.2.8. DuPont de Nemours, Inc. (U.S.)
- 11.2.9. Safran SA (France)
- 11.2.10. FACC AG (Austria)

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Aero Engine Composite Material Market, report scope
TABLE 2. Global Aero Engine Composite Material Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Aero Engine Composite Material Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 4. Global Aero Engine Composite Material Market estimates & forecasts by Component 2019-2029 (USD Billion)
TABLE 5. Global Aero Engine Composite Material Market estimates & forecasts by Composite Type 2019-2029 (USD Billion)
TABLE 6. Global Aero Engine Composite Material Market estimates & forecasts by Fiber Type 2019-2029 (USD Billion)
TABLE 7. Global Aero Engine Composite Material Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Aero Engine Composite Material Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Aero Engine Composite Material Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Aero Engine Composite Material Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Aero Engine Composite Material Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Aero Engine Composite Material Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Aero Engine Composite Material Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Aero Engine Composite Material Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Aero Engine Composite Material Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. Global Aero Engine Composite Material Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Aero Engine Composite Material Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 18. U.S. Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. U.S. Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Aero Engine Composite Material Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 21. Canada Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. Canada Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Aero Engine Composite Material Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 24. UK Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. UK Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Aero Engine Composite Material Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 27. Germany Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. Germany Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Aero Engine Composite Material Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 30. France Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. France Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Aero Engine Composite Material Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 33. Italy Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Italy Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Aero Engine Composite Material Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 36. Spain Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. Spain Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Aero Engine Composite Material Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 39. RoE Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. RoE Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Aero Engine Composite Material Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 42. China Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. China Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Aero Engine Composite Material Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 45. India Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. India Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Aero Engine Composite Material Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 48. Japan Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. Japan Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Aero Engine Composite Material Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 51. South Korea Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. South Korea Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Aero Engine Composite Material Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 54. Australia Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. Australia Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Aero Engine Composite Material Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 57. RoAPAC Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. RoAPAC Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Aero Engine Composite Material Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 60. Brazil Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Brazil Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Aero Engine Composite Material Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 63. Mexico Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. Mexico Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Aero Engine Composite Material Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 66. RoLA Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. RoLA Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Aero Engine Composite Material Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 69. Row Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. Row Aero Engine Composite Material Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Aero Engine Composite Material Market
TABLE 72. List of primary sources, used in the study of global Aero Engine Composite Material Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Aero Engine Composite Material Market, research methodology
FIG 2. Global Aero Engine Composite Material Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Aero Engine Composite Material Market, key trends 2021
FIG 5. Global Aero Engine Composite Material Market, growth prospects 2022-2029
FIG 6. Global Aero Engine Composite Material Market, porters 5 force model
FIG 7. Global Aero Engine Composite Material Market, pest analysis
FIG 8. Global Aero Engine Composite Material Market, value chain analysis
FIG 9. Global Aero Engine Composite Material Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Aero Engine Composite Material Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Aero Engine Composite Material Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Aero Engine Composite Material Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Aero Engine Composite Material Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Aero Engine Composite Material Market, regional snapshot 2019 & 2029
FIG 15. North America Aero Engine Composite Material Market 2019 & 2029 (USD Billion)
FIG 16. Europe Aero Engine Composite Material Market 2019 & 2029 (USD Billion)
FIG 17. Asia Pacific Aero Engine Composite Material Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Aero Engine Composite Material Market 2019 & 2029 (USD Billion)
FIG 19. Global Aero Engine Composite Material Market, company Market share analysis (2021)