Report Id: ADACM0320
Aerospace Composites Market Size by Application (Commercial, General Aviation, Space, Military), By Fiber Type (Ceramic Fiber, Carbon Fiber, Glass Fiber, Other Fiber Types), By Component (Drive, Hardware, Controllers, Sensors, Power Supply, Motors), By Payload Capacity (Between 5 and 10kg, Above 10kg, Up to 5 Kg), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2023-2028
The global aerospace composites market is expected to be around US$ 57 billion by 2028 at a CAGR of 11.7%.
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Major Players
- Hexcel Corporation
- Solvay SA
- DuPont
- Royal Ten Cate
- Materion Corp
Study period:
Fastest Growing Market:
2023-2028
APAC
Base Year:
Largest Market:
2022
North America
CAGR:
11
REPORT DESCRIPTION
The global aerospace composites market is expected to be around US$ 57 billion by 2028 at a CAGR of 11.7%.
A wide range of mixtures are used in aerospace industry. Commercial aircrafts, defense aircrafts, helicopters, launchers and engines are made-up of composites. Aerospace composites support to lighten the weight of the components and rise the efficiency of the engines. Aerospace composites support in weight reduction subsequently reducing the fuel consumption. Low weight and durability of components are of huge importance in aerospace and aircraft industry. The market for aerospace composites is confidential as carbon fiber reinforced composites, glass fiber reinforced composites, metal matrix composites, foam core materials and ceramic matrix composites amongst others. Aerospace composites are used in interiors as well as exterior of the aircrafts. additionally, to this ceramic matrix mixtures are used in manufacturing of engines, that sustains at higher temperatures. Furthermore, aerospace composites offer various characteristics to the components like fire resistance, durability, flexibility and lighter weight among others. The market for aerospace composites was primarily driven by commercial aircrafts joined with military and defense activities. Aerospace composites are used in various applications like passenger and cargo floor panels, ceiling panels, galleys, air ducts, cabin linings, plenums, overhead compartments, ceiling panels, lavatories, bars, partitions, wardrobes, seats, winglets and fins, trailing edges, brackets and landing gear doors amongst others. The aerospace composites have to transaction with regulatory bodies regarding smoke, toxicity and fire levels of the components. In military and defense applications, aerospace mixtures are used in manufacturing of components essential for helicopters, launchers and aircrafts among others. Aerospace composites support the components to deal with wear and tear, fire and harsh weather conditions.
The global Aerospace Composites market is segregated on the basis of Application as Commercial, General Aviation, Space, and Military. Based on Fiber Type the global Aerospace Composites market is segmented in Ceramic Fiber, Carbon Fiber, Glass Fiber, and Other Fiber Types. Based on Component the global Aerospace Composites market is segmented in Drive, Hardware, Controllers, Sensors, Power Supply, Motors, and Others.
Based on Payload Capacity, the global Aerospace Composites market is segmented in Between 5 and 10kg, Above 10kg, and Up to 5 Kg.
The global Aerospace Composites market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Aerospace Composites market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Hexcel Corporation, Solvay SA, DuPont, Royal Ten Cate, Materion Corp, Bally Ribbon Mills, Mitsubishi Chemical Carbon Fiber and Composites, Inc, Toho Tenax, TORAY INDUSTRIES, INC., SGL Carbon SE, and others are among the major players in the global Aerospace Composites market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Aerospace Composites Market has been segmented as below:
Aerospace Composites Market, By Application
- Commercial
- General Aviation
- Space
- Military
Aerospace Composites Market, By Fiber Type
- Ceramic Fiber
- Carbon Fiber
- Glass Fiber
- Other Fiber Types
Aerospace Composites Market, By Component
- Drive
- Hardware
- Controllers
- Sensors
- Power Supply
- Motors
- Others
Aerospace Composites Market, By Payload Capacity
- Between 5 and 10kg
- Above 10kg
- Up to 5 Kg
Aerospace Composites Market, By Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
Aerospace Composites Market, By Company
- Hexcel Corporation
- Solvay SA
- DuPont
- Royal Ten Cate
- Materion Corp
- Bally Ribbon Mills
- Mitsubishi Chemical Carbon Fiber and Composites,Inc
- Toho Tenax
- TORAY INDUSTRIES, INC.
- SGL Carbon SE
The report covers:
- Global Aerospace Composites market sizes from 2021 to 2028, along with CAGR for 2023-2028
- Market size comparison for 2022 vs 2028 with actual data for 2022, estimates for 2023 and forecast from 2024 to 2028
- Global Aerospace Composites market trends, covering comprehensive range of consumer trends & manufacturer trends
- Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Aerospace Composites market
- Major market opportunities and challenges in forecast timeframe to be focused
- Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
- Comprehensive company profiles of the key industry players
Report Scope:
The global Aerospace Composites market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Aerospace Composites market share. Major industry players with significant revenue share include Hexcel Corporation, Solvay SA, DuPont, Royal Ten Cate, Materion Corp, Bally Ribbon Mills, Mitsubishi Chemical Carbon Fiber and Composites, Inc, Toho Tenax, TORAY INDUSTRIES, INC., SGL Carbon SE, and others.
Reasons to Buy this Report:
- Gain detailed insights on the Aerospace Composites industry trends
- Find complete analysis on the market status
- Identify the Aerospace Composites market opportunities and growth segments
- Analyse competitive dynamics by evaluating business segments & product portfolios
- Facilitate strategy planning and industry dynamics to enhance decision making
Some of the recent Developments in Aerospace Composites market are as follows:
Hexcel Corporation
- 07-2020: Hexcel congratulates Airbus Helicopters for receiving certification approved by the European Union Aviation Safety Agency for the medium twin H160 helicopter.
- 11-2019: Hexcel is displaying for the first time at the Space Tech Expo Europe show in Bremen, Germany on November 19-21 to promote its latest technologies and inventions for space applications.
Solvay SA
- 10-2019: Solvay has opened two invention centers dedicated to thermoplastic composites in the United States and Europe, reinforcing its research and innovation capabilities and engagement through customers, in high performance materials for the aerospace, automotive and oil & gas markets.
- 05-2018: Solvay established FusePlyTM to enable the build of reliable, bonded composite parts using conventional manufacturing processes, through the creation of covalently bonded structures thus potentially removing the need for abundant rivets and fasteners.
Customization
Customized report as per the requirement can be offered with appropriate recommendations
Below are our new reports:
1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5. Aerospace Composites Market, By Application
5.1 Introduction
5.2 Commercial
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 General Aviation
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Space
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Military
5.5.1 Market Overview
5.5.2 Market Size and Forecast
6. Aerospace Composites Market, By Fiber Type
6.1 Introduction
6.2 Ceramic Fiber
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Carbon Fiber
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Glass Fiber
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Other Fiber Types
6.5.1 Market Overview
6.5.2 Market Size and Forecast
7. Aerospace Composites Market, By Component
7.1 Introduction
7.2 Drive
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Hardware
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Controllers
7.4.1 Market Overview
7.4.2 Market Size and Forecast
7.5 Sensors
7.5.1 Market Overview
7.5.2 Market Size and Forecast
7.6 Power Supply
7.6.1 Market Overview
7.6.2 Market Size and Forecast
7.7 Motors
7.7.1 Market Overview
7.7.2 Market Size and Forecast
7.8 Others
7.8.1 Market Overview
7.8.2 Market Size and Forecast
8. Aerospace Composites Market, By Payload Capacity
8.1 Introduction
8.2 Between 5 and 10kg
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 Above 10kg
8.3.1 Market Overview
8.3.2 Market Size and Forecast
8.4 Up to 5 Kg
8.4.1 Market Overview
8.4.2 Market Size and Forecast
9. Aerospace Composites Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 North America Aerospace Composites, By Application
9.2.2 North America Aerospace Composites, By Fiber Type
9.2.3 North America Aerospace Composites, By Component
9.2.4 North America Aerospace Composites, By Payload Capacity
9.3 Europe
9.3.1 Europe Aerospace Composites, By Application
9.3.2 Europe Aerospace Composites, By Fiber Type
9.3.3 Europe Aerospace Composites, By Component
9.3.4 Europe Aerospace Composites, By Payload Capacity
9.4 Asia-Pacific
9.4.1 Asia-Pacific Aerospace Composites, By Application
9.4.2 Asia-Pacific Aerospace Composites, By Fiber Type
9.4.3 Asia-Pacific Aerospace Composites, By Component
9.4.4 Asia-Pacific Aerospace Composites, By Payload Capacity
9.5 Rest of the World
9.5.1 Rest of the World Aerospace Composites, By Application
9.5.2 Rest of the World Aerospace Composites, By Fiber Type
9.5.3 Rest of the World Aerospace Composites, By Component
9.5.4 Rest of the World Aerospace Composites, By Payload Capacity
10. Competitive Insights
10.1 Key Insights
10.2 Company Market Share Analysis
10.3 Strategic Outlook
10.3.1 Mergers & Acquisitions
10.3.2 New Product Development
10.3.3 Portfolio/Production Capacity Expansions
10.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
10.3.5 Others
11. Company Profiles
11.1 Hexcel Corporation
11.1.1 Company Overview
11.1.2 Product/Service Landscape
11.1.3 Financial Overview
11.1.4 Recent Developments
11.2 Solvay SA
11.2.1 Company Overview
11.2.2 Product/Service Landscape
11.2.3 Financial Overview
11.2.4 Recent Developments
11.3 DuPont
11.3.1 Company Overview
11.3.2 Product/Service Landscape
11.3.3 Financial Overview
11.3.4 Recent Developments
11.4 Royal Ten Cate
11.4.1 Company Overview
11.4.2 Product/Service Landscape
11.4.3 Financial Overview
11.4.4 Recent Developments
11.5 Materion Corp
11.5.1 Company Overview
11.5.2 Product/Service Landscape
11.5.3 Financial Overview
11.5.4 Recent Developments
11.6 Bally Ribbon Mills
11.6.1 Company Overview
11.6.2 Product/Service Landscape
11.6.3 Financial Overview
11.6.4 Recent Developments
11.7 Mitsubishi Chemical Carbon Fiber and Composites, Inc
11.7.1 Company Overview
11.7.2 Product/Service Landscape
11.7.3 Financial Overview
11.7.4 Recent Developments
11.8 Toho Tenax
11.8.1 Company Overview
11.8.2 Product/Service Landscape
11.8.3 Financial Overview
11.8.4 Recent Developments
11.9 TORAY INDUSTRIES, INC.
11.9.1 Company Overview
11.9.2 Product/Service Landscape
11.9.3 Financial Overview
11.9.4 Recent Developments
11.10 SGL Carbon SE
11.10.1 Company Overview
11.10.2 Product/Service Landscape
11.10.3 Financial Overview
11.10.4 Recent Developments
The Aerospace Composites Market has been segmented as below:
Aerospace Composites Market, By Application
- Commercial
- General Aviation
- Space
- Military
Aerospace Composites Market, By Fiber Type
- Ceramic Fiber
- Carbon Fiber
- Glass Fiber
- Other Fiber Types
Aerospace Composites Market, By Component
- Drive
- Hardware
- Controllers
- Sensors
- Power Supply
- Motors
- Others
Aerospace Composites Market, By Payload Capacity
- Between 5 and 10kg
- Above 10kg
- Up to 5 Kg
Aerospace Composites Market, By Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
Aerospace Composites Market, By Company
- Hexcel Corporation
- Solvay SA
- DuPont
- Royal Ten Cate
- Materion Corp
- Bally Ribbon Mills
- Mitsubishi Chemical Carbon Fiber and Composites,Inc
- Toho Tenax
- TORAY INDUSTRIES, INC.
- SGL Carbon SE
Got a question? We've got answers. If you have some other questions, see our support center.
What is the predicted growth rate of Aerospace Composites Market?
The market is expected to grow at a CAGR of 11.7% during the study period (2023-2028)
How big is the Aerospace Composites Market value?
The global aerospace composites market is expected to be around US$ 57 billion by 2028
What is the segment’s covered for the Aerospace Composites Market?
The segment included in Aerospace Composites Market is Application, Fiber Type, Component, Payload Capacity and region.
Who are the major key vendors in the Aerospace Composites Market?
Some key players operating in the Aerospace Composites Market include Hexcel Corporation, Solvay SA, DuPont, Royal Ten Cate, Materion Corp, Bally Ribbon Mills, Mitsubishi Chemical Carbon Fiber and Composites, Inc, Toho Tenax, TORAY INDUSTRIES, INC
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