The “Aviation Composite Market” is growing due to the increase in the demand for high-performance materials, with properties such as low weight, high strength-to-weight ratio, good tensile strength, and electrical conductivity. The market is growing due to the superior performance properties of aviation composites and their ability to survive in harsh conditions.
Aviation Composite market was valued at USD XX million Global in 2018 and is forecasted to reach USD XXX million by 2024, with a CAGR of xx% during the 2018-2024.
Reduced maintenance longer design life, fewer parts, and reduced tooling and assembly costs are some of the reasons that drive the aerospace composites market. The manufacturers are heavily investing in research & development to innovate light weight and cost-effective composites for aerospace sector with high strength-to-weight ratio, and excellent impact strength.
However, the outbreak of COVID-19 virus has adversely impacted the aviation industry leading to shut down of aircraft production and cancellation of new orders. The global air traffic reached to an almost standstill in the early 2020 thus affecting the aerospace industry. Reduced air traffic coupled with the shutdown of aircraft manufacturing facilities, will negatively impact the market size.
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Top Leading Companies: –
- SGL Carbon
- Mitsubishi Chemical
Type Segment –
Application Segment –
- Commercial Aerospace
- Space & Defense
By Region Segment –
- North America: US, Canada, Mexico
- APAC: China, India, Japan, South Korea, Australia, New Zealand, Southeast Asia (Indonesia, Malaysia, Myanmar, Philippines, Singapore, Thailand, Vietnam)
- Europe: Germany, France, UK, Italy, Spain, Poland, Netherlands, Belgium, Czech, Russia
- South America: Brazil, Argentina, Chile, Peru
- MEA: South Africa, GCC, Egypt, Turkey
For industry chain analysis, raw material and end user’s information is available.
Global key and local players information including SWOT analysis, company’s financial figures, Aviation Composite data of each company are covered.
Powerful market analysis tools used in the report include: Porter’s five forces analysis, PEST analysis, drivers and restraints, opportunities and threatens.
Based year in this report is 2019; the historical data is from 2014 to 2018 and forecast year is from 2020 to 2024.
At last, research method and data source used in this report are shown.
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Table of Contents –
- Abbreviation & Acronyms
- Key Points
- Status of Aviation Composite Industry
- Industry Chain of Aviation Composite Industry
- 2014-2024 Global Aviation Composite Market
- 2014-2024 Global Key Regions Aviation Composite Market
- Trends and Dynamics of Aviation Composite
- Analysis of Main Players
List of Tables –
Table Global Key Regions Aviation Composite Market Share List
Table Main Applications of Aviation Composite List
Table Global Aviation Composite Players Market Share List 2018
Table Main Technology of Aviation Composite Industry
Table Main Players of Aviation Composite Industry
Table Main Raw Materials Suppliers List
Table Key End Users List
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