PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1811785
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1811785
Aerospace Composites Market Introduction and Overview
According to SPER market research, 'Global Aerospace Composites Market Size- By Fiber Type, By Matrix, By Aircraft Type, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Aerospace Composites Market is predicted to reach 101.19 billion by 2034 with a CAGR of 13.03%.
Aerospace composites are special materials made from combining two or more different materials to create a stronger composite with better performance. A key part of these composites is the matrix, which holds the reinforcement fibers in place and supports the overall structure. Common matrix materials include polymers, metals, and ceramics. The reinforcement fibers, usually made from carbon, glass, or aramid fibers, add unique qualities to the composite, making it suitable for tough aerospace conditions.
Restraints: The market is confronted with challenges stemming from an unstable supply chain, notably the restricted availability of critical raw materials like carbon fiber, which can lead to price fluctuations and potential disruptions. Additionally, aerospace composites pose recycling challenges due to their intricate, bonded structures, with conventional methods such as shredding often proving ineffective. The absence of dedicated recycling infrastructure further hampers sustainable disposal and reusability efforts.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Fiber Type, By Matrix, By Aircraft Type, By Application
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered
Absolute Composites, Aernnova Aerospace, Avior Integrated Products, Collins Aerospace, FDC Composites, General Dynamics, Hexcel, Lee Aerospace, Materion, Mitsubishi Chemical, SGL Carbon, Solvay.
Global Aerospace Composites Market Segmentation:
By Fiber Type: Based on the Fiber Type, Global Aerospace Composites Market is segmented as; Glass fiber, Carbon fiber, Ceramic fiber, Others.
By Matrix: Based on the Matrix, Global Aerospace Composites Market is segmented as; Polymer matrix, Thermoplastic polymer matrix, Ceramic matrix, Metal matrix.
By Aircraft Type: Based on the Aircraft Type, Global Aerospace Composites Market is segmented as; Commercial, Military & defense aircraft, Others.
By Application: Based on the Application, Global Aerospace Composites Market is segmented as; Exterior, Interior.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa