Aerospace Composites Market - Global Industry Analysis,
Size, Share, Growth, Trends, and Forecast 2016 – 2024
Global Aerospace Composites Market: Overview
Aerospace composites are the composite material systems which find applications in the aviation
industry due to their key chemical and mechanical properties. The composite materials commonly
used in the aerospace industry are carbon fiber composites, glass fiber composites and aramid fiber
composites. Application segments of global aerospace composites include commercial & business
aircraft, helicopters, military and space. Carbon fiber composites are the commonly used composite
material in the aerospace industry due to high fuel efficiency and low carbon emission. Increasing air
passenger traffic, emerging economies and growing number of low cost carriers are expected to boost
the market. Recent trend of spending heavily on military and space programs are expected to fuel the
growth of the aerospace market in near future.
In-depth interviews and discussions with a wide range of key opinion leaders and industry participants
were conducted to compile this research report. Primary research represents the bulk of research
efforts, supplemented by extensive secondary research. Key players’ product literature, annual
reports, press releases, and relevant documents were reviewed for competitive analysis and market
understanding. This helped in validating and strengthening secondary research findings. Primary
research further helped in developing the analysis team’s expertise and market understanding.
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Global Aerospace Composites Market: Scope of the Report
The report estimates and forecasts the aerospace composites market on the global, regional, and
country levels. The study provides forecast between 2016 and 2024 based on volume (Tons) and
revenue (US$ Mn) with 2015 as the base year. The report comprises an exhaustive value chain
analysis for each of the product segments. It provides a comprehensive view of the market. Value
chain analysis also offers detailed information about value addition at each stage. The study includes
drivers and restraints for the aerospace composites market along with their impact on demand during
the forecast period. The study also provides key market indicators affecting the growth of the market.
The report analyzes opportunities in the aerospace composites market on the global and regional
level. Drivers, restraints, and opportunities mentioned in the report are justified through quantitative
and qualitative data. These have been verified through primary and secondary resources.
Furthermore, the report analyzes global average price trend analysis of aerospace composites.
The report includes Porter’s Five Forces Model to determine the degree of competition in the
aerospace composites market. The report comprises a qualitative write-up on market attractiveness
analysis, wherein application and countries have been analyzed based on attractiveness for each