Aerospace Composites Market - Forecast(2022 - 2027)

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Aerospace Composites Market - Forecast(2022 -
2027)
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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. 
• Surging demand of composites for making aircraft
  parts due to its exceptional strength and heat
  bearing capacity is driving the growth of
  aerospace composites market.
• Whereas, growing uses of composites in military
  defense sector for manufacturing of fighter jets
  and missiles also boosts the growth of market.   

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• Key Takeaways from this Report
• Increasing environmental concerns and government
  restrictions on the disposal of carbon and aramid
  fibers has hampered the growth of aerospace
  composites market.
• China has shown significant growth in aerospace
  composites market, owing its use in manufacturing
  of aircrafts. 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
• Military segment holds the largest share of more
  than 30 in the aerospace composites market in
  2019. Increase in national or international
  differences coupled with rise in terrorist
  attacks has augmented the need for fighter jets
  and missiles which further boosted the growth of
  aerospace composites market. According to the
  Indian Government report, Indian Air Force is in
  the process of acquiring around 200 aircraft to
  cope with the depleting aerial inventories. Thus,
  surging demand of aircrafts from developing
  nations like China and India for the
  strengthening of defense sector is boosting the
  use of aerospace composites.

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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.
• Renegade Materials Corporation
• Hexcel Corporation
• Teijin Ltd.
• Huntsman Corporation, and Boston Materials Inc

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Aerospace Composites Market - Forecast(2022 -
2027) Learn More About the Report _at_
https//www.industryarc.com/Report/16454/aerospac
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
• Purchase Full Report _at_ https//www.industryarc.com
  /purchasereport.php?id16454

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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
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
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