Global Aerospace Composite Market 2016-2020

  • ID: 3795205
  • Report
  • Region: Global
  • 59 pages
  • TechNavio
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The Global Aerospace Composites Market is Set to Grow at a CAGR of 6.81% During the Period 2016-2020

FEATURED COMPANIES

  • Cytec Industries
  • Hartzell Aerospace
  • Hexcel
  • Hyosung
  • Kaman
  • Mitsubishi Rayon
  • MORE

Composites are made up of two or more different materials, resulting in a product that has physical and chemical properties different from those of its constituents. Fiber-reinforced polymers, for instance, are composed of carbon, glass, and aramid fibers and are primarily used in the aerospace industry. Though composites provide lightweight components for aircraft, they do not compromise on strength.

Covered in this report

The report covers the present scenario and the growth prospects of the global aerospace composites market for 2016-2020. To calculate the market size, the report provides a global overview and looks at market segmentation by composite type (glass, carbon, and aramid) and growth prospects by region (APAC, EMEA, and the Americas). It also presents the market landscape and a corresponding analysis of the prominent vendors in the market.

The market is divided into the following segments based on geography:

  •  APAC
  •  EMEA
  •  ROW
  •  US

The report, Global Aerospace Composite Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  •  Cytec Industries
  •  Hexcel
  •  Koninklijke Ten Cate (TenCate)
  •  Mitsubishi Rayon
  •  Owens Corning

Other prominent vendors

  •  Hartzell Aerospace
  •  Hyosung
  •  Kaman
  •  SGL Group
  •  Teijin Aramid

Market drivers

  •  Reduction in need for MRO necessity

Market challenges

  • High acquisition and operation cost of autoclave systems

Market trends

  • Adoption of composites in jet engines

Key questions answered in this report

  •  What will the market size be in 2020 and what will the growth rate be?
  •  What are the key market trends?
  •  What is driving this market?
  •  What are the challenges to market growth?
  •  Who are the key vendors in this market space?
  •  What are the market opportunities and threats faced by the key vendors?
  •  What are the strengths and weaknesses of the key vendors?

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FEATURED COMPANIES

  • Cytec Industries
  • Hartzell Aerospace
  • Hexcel
  • Hyosung
  • Kaman
  • Mitsubishi Rayon
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Global aerospace and defense value chain system

PART 07: Global aerospace and defense supply chain system

PART 08: Segmentation by composite type
  • Segmentation of market by composite type 2015-2020
  • Global glass fiber composites market for aerospace industry
  • Global carbon fiber composites market for aerospace industry
  • Global aramid fiber composites market in aerospace industry
PART 09: Geographical segmentation
  • Geographical segmentation of global aerospace composites market 2015-2020
  • Aerospace composites market in APAC
  • Aerospace composites market in EMEA
  • Aerospace composites market in the Americas
PART 10: Market drivers

PART 11: Impact of drivers

PART 12: Market challenges

PART 13: Impact of drivers and challenges

PART 14: Market trends

PART 15: Vendor landscape
  • Competitive scenario
  • List of vendors in global aerospace composites market
  • Cytec Industries
  • Hexcel
  • Koninklijke Ten Cate (TenCate)
  • Mitsubishi Rayon
  • Owens Corning
  • Key vendors' recent developments
PART 16: Appendix
  • List of abbreviation
PART 17: About the Author

List of Exhibits

Exhibit 01: Aerospace composites market
Exhibit 02: Global aerospace composites market 2015-2020 ($ billions)
Exhibit 03: Five forces analysis
Exhibit 04: Global aerospace and defense value chain system
Exhibit 05: Global aerospace and defense supply chain system
Exhibit 06: Segmentation of market by composite type 2015
Exhibit 07: Segmentation of market by composite type 2020
Exhibit 08: Segmentation of market by composite type 2015-2020 ($ billions)
Exhibit 09: Global glass fiber composites market for aerospace industry 2015-2020 ($ billions)
Exhibit 10: Characteristics of glass fiber
Exhibit 11: Global carbon fiber composites market for aerospace industry 2015-2020 ($ billions)
Exhibit 12: Characteristics of carbon fiber
Exhibit 13: Global aramid fiber composites market in aerospace industry 2015-2020 ($ millions)
Exhibit 14: Characteristics of aramid fiber
Exhibit 15: Geographical segmentation of market 2015
Exhibit 16: Geographical segmentation of market 2020
Exhibit 17: Market segmentation by geography 2015-2020 ($ billions)
Exhibit 18: Aerospace composites market in APAC ($ billions)
Exhibit 19: Aerospace composites market in EMEA ($ billions)
Exhibit 20: Aerospace composites market in the Americas ($ billions)
Exhibit 21: Impact of drivers
Exhibit 22: Impact of drivers and challenges
Exhibit 23: Major vendors
Exhibit 24: Other prominent vendors
Exhibit 25: Cytec Industries: Business segmentation by revenue 2014
Exhibit 26: Cytec Industries: Business segmentation by revenue 2013 and 2014 ($ millions)
Exhibit 27: Cytec Industries: Geographical segmentation by revenue 2014
Exhibit 28: Hexcel: Business segmentation by revenue 2015
Exhibit 29: Hexcel: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 30: Hexcel: Geographical segmentation by revenue 2015
Exhibit 31: TenCate: Business segmentation by revenue 2014
Exhibit 32: TenCate: Business segmentation by revenue 2013 and 2014 ($ millions)
Exhibit 33: TenCate: Geographical segmentation by revenue 2014
Exhibit 34: Owens Corning: Business segmentation by revenue 2015
Exhibit 35: Owens Corning: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 36: Owens Corning: Geographical segmentation by revenue 2015
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FEATURED COMPANIES

  • Cytec Industries
  • Hartzell Aerospace
  • Hexcel
  • Hyosung
  • Kaman
  • Mitsubishi Rayon
  • MORE
New Report Released: - Global Aerospace Composites Market 2016-2020

The author of the report recognizes the following companies as the key players in the global aerospace composites market: Cytec Industries, Hexcel, Koninklijke Ten Cate (TenCate), Mitsubishi Rayon, and Owens Corning.

Other Prominent Vendors in the market are: Hartzell Aerospace, Hyosung, Kaman, SGL Group, Teijin Aramid.

Commenting on the report, an analyst from the research team said: “Adoption of composites in jet engines will be one of the prime trends leading to market growth. The next-generation GE Leap engines are expected to feature a considerable amount of carbon ceramic composite in the high-pressure turbines, replacing the nickel-metal alloys. GE is also using carbon fiber composites for its jet engine fan blades that will be launched in the market along with the GE9X engine powering Boeing's 777X aircraft. The composite has allowed GE9X engine to have thinner and fewer blades, resulting in a 5% reduction in fuel consumption than similar other engines.”

According to the report, one of the key drivers in market growth is the reduction in need for MRO necessity. Metal structures and components are susceptible to long-term fatigue. Thus, the majority of expenses accounts for the operation, maintenance, and repair of aircraft rather than the cost of acquisition in its total life cycle. On the other hand, composite structures retain their strength and characteristics for a longer period and do not decompose. Thus, the cost of structural inspection and other MRO requirements is less than metals.

Further, the report states that complex design process will be one of the challenges faced by the market. Though composites are more desirable than metals, its use poses issues in damage tolerance, delamination, and design challenges. Metals exhibit plasticity, which makes them capable of undergoing deformation (bend or stretch) under high loads before they break. It makes the metal more suitable to handle small impacts and loads with little reduction in the basic strength of the structure. The high plasticity of metals allows them to distribute the loads on the structure, saving them from conditions of permanent structural failure.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  •  Cytec Industries
  •  Hexcel
  •  Koninklijke Ten Cate (TenCate)
  •  Mitsubishi Rayon
  •  Owens Corning
  •  Hartzell Aerospace
  •  Hyosung
  •  Kaman
  •  SGL Group
  •  Teijin Aramid
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