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Aerospace Composites Global Market Report 2022

Published: Pre-Order | The Business Research Company | 175 Pages | Delivery time: 2-10 business days

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Aerospace Composites Global Market Report 2022
Published: Pre-Order
The Business Research Company
Content info: 175 Pages
Delivery time: 2-10 business days
  • Description
  • Table of Contents

Aerospace Composites Global Market Report 2022 from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global aerospace composites market.

This report focuses on aerospace composites market which is experiencing strong growth. The report gives a guide to the aerospace composites market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you within 3-5 working days of order.

Where is the largest and fastest growing market for the aerospace composites? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Aerospace Composites market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider aerospace composites market, and compares it with other markets.

  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The aerospace composites market section of the report gives context. It compares the aerospace composites market with other segments of the aerospace composites market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, aerospace composites indicators comparison.

Scope

Markets Covered: 1) By Fiber Type: Carbon Fiber Composites; Ceramic Fiber Composites; Glass Fiber Composites; Others

2) By Aircraft Type: Commercial Aircraft; Business & General Aviation; Civil Helicopter; Military Aircraft; Others

3) By Manufacturing Process: AFP/ATL; Lay-Up Process; Resin Transfer Moulding Process; Filament Winding Process; Others

4) By Resin Type: Benzoxazine; Cyanate Ester; Bismalimide; Ceramic and Metal Matrix; Thermosetting Resins; Polyester; Others

5) By Application: Interior; Exterior

Companies Mentioned: Solvay; Toray Industries Inc.; Mitsubishi Chemical Holdings; Hexcel Corporation; Teijin Limited

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Executive Summary

Major players in the aerospace composites market are Solvay, Toray Industries Inc., Mitsubishi Chemical Holdings, Hexcel Corporation, Teijin Limited, SGL Group, Spirit AeroSystems, Materion Corporation, Owens Corning, Spirit AeroSystems Inc., LEE Aerospace Inc., Gurit Holding AG, General Electric Corporation, Rolls-Royce Motor Cars Ltd., Kineco-Kaman Composites, and Nippon Graphite Fiber Corporation.

The global aerospace compsites market is expected to grow from $23.03 billion in 2021 to $25.79 billion in 2022 at a compound annual growth rate (CAGR) of 11.98%. The market is expected to grow to $43.33 billion in 2026 at a CAGR of 13.84%.

The aerospace composites market consists of sales of aerospace composites by entities (organizations, sole traders, and partnerships) which are used to enhance the performance of commercial and military aircraft. Aerospace composites have superior physical properties and exceptional strength and stiffness-to-density ratios. Composites can be manufactured in different shapes which reduce corrosion resistance and material wastage.

The main types of aerospace composites include carbon fiber composites, ceramic fiber composites, glass fiber composites, and others. Carbon composites are a broad class of materials in which carbon structures are spread throughout a material. They offer strength and stiffness while keeping them relatively lightweight. Ceramic composites offer excellent temperature stability, damage-tolerant fracture behavior, low density, good corrosion, high hardness and wear resistance. Glass fiber composites offer flexibility, high strength stiffness, and durability. Aerospace composites are mainly used in commercial aircraft, business and general aviation, civil helicopter, military aircraft, and others. Two major types of applications of aerospace composites are interior and exterior. Aerospace composites are manufactured through AFP/ATL, lay-up process, resin transfer moulding process, filament winding process, and other processes. Resins used for aerospace composites include benzoxazine, cyanate ester, bismalimide, ceramic and metal matrix, thermosetting resins, polyester, and others.

North America was the largest region in the aerospace composites market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The increasing demand for high strength and lightweight composite materials is expected to drive the aerospace composites market. Energy efficiency can be increased and fuel consumption can be reduced by using lightweight materials and thereby reducing the mass of aircraft, as a lower mass requires less lift force and thrust during flight. Lightweight design helps in reducing the carbon footprint, higher structural strength and stiffness, flight performance improvements such as better acceleration, and better safety performance. For instance, according to Tech Briefs, in 2019, when Boeing 787 used 20% weight savings, it was able to achieve a considerable 10 to 12% improvement in fuel efficiency. The extensive use of lightweight materials is helpful and can be used for increasing energy efficiency. Therefore, increasing use of lightweight materials positively impacts the aerospace composites market growth.

Companies in the aerospace composites market are focusing on technological advancement to accelerate and develop composite material and process technologies for the next generation of energy efficient aircraft and future mobility. Airlines are trying to replace outdated aircraft with technologically advanced and modern airplanes. These new aircrafts are equipped with increased payload capacities and cost-efficiency. As a result of this, there is widespread adoption of aerospace composites across the globe. For example, in March 2021, GKN Aerospace, a UK-based company involved in automotive and aerospace components business, launched a consortium called ASCEND (aerospace and automotive supply chain enabled development). With this launch, the UK has become a technology leader in future lightweight structures. It also helps to reduce carbon emissions and energy consumption in the aerospace industry.

In September 2020, private investment firm Architect Equity acquired the Aerospace Composites Division of AAR Corp., a company engaged in providing aerospace and defense aftermarket solutions, for an undisclosed amount. Through this acquisition, Architect is expected to design and manufacture complex aerospace products with AAR Corp, and pursue new opportunities in the composites manufacturing space. The aerospace composites division will do business as Aeromatrix Composites. Aeromatrix is a US-based company that designs, fabricates, and assembles composite products and solutions for customers in the commercial aerospace and defense industries.

The countries covered in the Aerospace Composites market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Product Code: h1427

Table of Contents

1. Executive Summary

2. Aerospace Composites Market Characteristics

3. Aerospace Composites Market Trends And Strategies

4. Impact Of COVID-19 On Aerospace Composites

5. Aerospace Composites Market Size And Growth

  • 5.1. Global Aerospace Composites Historic Market, 2016-2021, $ Billion
    • 5.1.1. Drivers Of The Market
    • 5.1.2. Restraints On The Market
  • 5.2. Global Aerospace Composites Forecast Market, 2021-2026F, 2031F, $ Billion
    • 5.2.1. Drivers Of The Market
    • 5.2.2. Restraints On the Market

6. Aerospace Composites Market Segmentation

  • 6.1. Global Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Carbon Fiber Composites
  • Ceramic Fiber Composites
  • Glass Fiber Composites
  • Others
  • 6.2. Global Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Commercial Aircraft
  • Business & General Aviation
  • Civil Helicopter
  • Military Aircraft
  • Others
  • 6.3. Global Aerospace Composites Market, Segmentation By Manufacturing Process, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • AFP/ATL
  • Lay-Up Process
  • Resin Transfer Moulding Process
  • Filament Winding Process
  • Other
  • 6.4. Global Aerospace Composites Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Benzoxazine
  • Cyanate Ester
  • Bismalimide
  • Ceramic and Metal Matrix
  • Thermosetting Resins
  • Polyester
  • Others
  • 6.5. Global Aerospace Composites Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Interior
  • Exterior

7. Aerospace Composites Market Regional And Country Analysis

  • 7.1. Global Aerospace Composites Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 7.2. Global Aerospace Composites Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

8. Asia-Pacific Aerospace Composites Market

  • 8.1. Asia-Pacific Aerospace Composites Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
  • 8.2. Asia-Pacific Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 8.3. Asia-Pacific Aerospace Composites Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

9. China Aerospace Composites Market

  • 9.1. China Aerospace Composites Market Overview
  • 9.2. China Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
  • 9.3. China Aerospace Composites Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

10. India Aerospace Composites Market

  • 10.1. India Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 10.2. India Aerospace Composites Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

11. Japan Aerospace Composites Market

  • 11.1. Japan Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 11.2. Japan Aerospace Composites Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

12. Australia Aerospace Composites Market

  • 12.1. Australia Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 12.2. Australia Aerospace Composites Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

13. Indonesia Aerospace Composites Market

  • 13.1. Indonesia Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 13.2. Indonesia Aerospace Composites Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

14. South Korea Aerospace Composites Market

  • 14.1. South Korea Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 14.2. South Korea Aerospace Composites Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

15. Western Europe Aerospace Composites Market

  • 15.1. Western Europe Aerospace Composites Market Overview
  • 15.2. Western Europe Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 15.3. Western Europe Aerospace Composites Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

16. UK Aerospace Composites Market

  • 16.1. UK Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 16.2. UK Aerospace Composites Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

17. Germany Aerospace Composites Market

  • 17.1. Germany Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 17.2. Germany Aerospace Composites Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

18. France Aerospace Composites Market

  • 18.1. France Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 18.2. France Aerospace Composites Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

19. Eastern Europe Aerospace Composites Market

  • 19.1. Eastern Europe Aerospace Composites Market Overview
  • 19.2. Eastern Europe Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 19.3. Eastern Europe Aerospace Composites Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

20. Russia Aerospace Composites Market

  • 20.1. Russia Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 20.2. Russia Aerospace Composites Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

21. North America Aerospace Composites Market

  • 21.1. North America Aerospace Composites Market Overview
  • 21.2. North America Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 21.3. North America Aerospace Composites Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

22. USA Aerospace Composites Market

  • 22.1. USA Aerospace Composites Market Overview
  • 22.2. USA Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 22.3. USA Aerospace Composites Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

23. South America Aerospace Composites Market

  • 23.1. South America Aerospace Composites Market Overview
  • 23.2. South America Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 23.3. South America Aerospace Composites Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

24. Brazil Aerospace Composites Market

  • 24.1. Brazil Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 24.2. Brazil Aerospace Composites Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

25. Middle East Aerospace Composites Market

  • 25.1. Middle East Aerospace Composites Market Overview
  • 25.2. Middle East Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 25.3. Middle East Aerospace Composites Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

26. Africa Aerospace Composites Market

  • 26.1. Africa Aerospace Composites Market Overview
  • 26.2. Africa Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 26.3. Africa Aerospace Composites Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

27. Aerospace Composites Market Competitive Landscape And Company Profiles

  • 27.1. Aerospace Composites Market Competitive Landscape
  • 27.2. Aerospace Composites Market Company Profiles
    • 27.2.1. Solvay
      • 27.2.1.1. Overview
      • 27.2.1.2. Products and Services
      • 27.2.1.3. Strategy
      • 27.2.1.4. Financial Performance
    • 27.2.2. Toray Industries Inc.
      • 27.2.2.1. Overview
      • 27.2.2.2. Products and Services
      • 27.2.2.3. Strategy
      • 27.2.2.4. Financial Performance
    • 27.2.3. Mitsubishi Chemical Holdings
      • 27.2.3.1. Overview
      • 27.2.3.2. Products and Services
      • 27.2.3.3. Strategy
      • 27.2.3.4. Financial Performance
    • 27.2.4. Hexcel Corporation
      • 27.2.4.1. Overview
      • 27.2.4.2. Products and Services
      • 27.2.4.3. Strategy
      • 27.2.4.4. Financial Performance
    • 27.2.5. Teijin Limited
      • 27.2.5.1. Overview
      • 27.2.5.2. Products and Services
      • 27.2.5.3. Strategy
      • 27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The Aerospace Composites Market

29. Aerospace Composites Market Future Outlook and Potential Analysis

30. Appendix

  • 30.1. Abbreviations
  • 30.2. Currencies
  • 30.3. Research Inquiries
  • 30.4. The Business Research Company
  • 30.5. Copyright And Disclaimer