Title: Aerospace Composites Market - Forecast(2021 - 2026)
1Aerospace Composites Market Market size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- Aerospace Composites Market size is forecast to
reach around 41 billion by 2025, after growing
at a CAGR of 10.5 during 2020-2025. - Composites are material made up of two or more
substances with different physical and chemical
properties. Surging demand of composites for
making aircraft parts due to its exceptional
strength and heat bearing capacity. - Growing uses of composites in military defense
sector for manufacturing of fighter jets and
missiles also boosts the growth of market.
However, high fabrication and assembly costs of
composite materials restraints the growth of
aerospace composites market.
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- Key Takeaways
- Increasing environmental concerns and government
restrictions on the disposal of carbon and aramid
fibers has hampered the growth of aerospace
composites market. - Boeing forecasted that Chinas carriers will need
8,090 new planes through 2038 further raising the
demand for aerospace composites. - Increasing investment in the defense sector from
developing country also drive the market growth.
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- By Distribution Channel- Segment Analysis
- Increasing space and research activities boosted
the use of aerospace composites in making fuel
tanks and structural body of space launching
vehicles. - Composite find its applications in spaceflight
vehicles, satellites and payloads, and the launch
vehicles that are used to get these to
space.Solid rocket motors and pressure vessels
for fuel and gas storage are typically reinforced
with composites due to its superior strength and
ability to withstand extreme temperature.
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- Aerospace Composites Market Industry Outlook
- Toray Industries, Ltd.
- SGL Carbon SE
- Solvay S.A
- Owens Corning
- Materion Corporation
- Mitsubishi Rayon Co. Ltd
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Aerospace Composites Market - Forecast(2021 -
2026) Learn More About the Report _at_
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e-composites-market.html
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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16454
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
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Contact (1) 970-236-3677
Inquiry Before Buying
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