Opportunities in the development of advanced software tools for aerospace composites
Dublin, Dec 21, 2021 (GLOBE NEWSWIRE) – The “Global Aerospace Composites Market (2021-2026) by Fiber Type, Application, Manufacturing Process, Resin Type, Aircraft Type, Geography, Competitive Analysis and Impact of Covid-19 with Ansoff Analysis “has been added to ResearchAndMarkets.com offer.
The global aerospace composites market is estimated to be worth $ 35.7 billion in 2021 and is expected to reach $ 55.18 billion by 2026, with a CAGR of 9.1%.
Composites are materials made up of two or more substances with different physical and chemical properties. Growing demand for composites for manufacturing aircraft parts due to its exceptional strength and heat resistance capability is driving the growth of the aerospace composites market.
Other factors driving the growth are the high demand for aerospace composite materials in the aerospace industry, the development of fuel efficient aircraft and the increasing use of abrasives in the military and defense sectors. While a decrease in the number of commercial aircraft deliveries and high manufacturing and assembly costs can create barriers to market growth.
The reduction in the cost of carbon fiber and the development of advanced software tools for aerospace composites are opportunities for the market growth. Although maintaining the supply chain and operating at full capacity and liquidity shortage are the challenges in the market.
By fiber type, the market is categorized into carbon fiber composites, ceramic fiber composites, fiberglass composites, and other segments. Among all segments, the carbon fiber segment is expected to grow at the highest CAGR.
By application, the market is categorized into indoor and outdoor segments. Among all, the Exterior segment is expected to contribute to the strongest growth.
By manufacturing process, the market is categorized into AFP / ATL, Lamination process, Resin transfer molding process, Filament winding process, and other processes. Among all, the AFP / ATL segment is expected to contribute the strongest growth.
By resin type, the market is categorized into benzoxazine, cyanate ester, bismalimide, ceramic and metal matrix, thermosetting resins, polyester, and others. Among all, the thermosetting resins segment is expected to contribute the strongest growth.
By aircraft type, the market is categorized into commercial aircraft, business and general aviation, civilian aircraft, military aircraft, spacecraft, and other segments. Among all, the commercial aircraft segment is expected to contribute the strongest growth.
By geography, North America is expected to dominate the market.
Arlington Capital partners complete acquisition of Composites business from Triumph, forming Qarbon Aerospace – May 10, 2021
Kaman Expands Composites Repair to Aftermarket Through Partnership with C&L Aerospace – December 1, 2020
Rolls-Royce plans to open new factory to manufacture composite fan blades and fan housings for jet engines – January 14, 2020
Some of the companies covered in this report are
Toray Industries Inc.
Mitsubishi Chemical Holdings Corporation
Spirit AeroSystems Inc.
LEE Aerospace, Inc.
Gurit Holding SA
Societe Generale Electric
Rolls-Royce Motor Cars Ltd.
Nippon Graphite Fiber Corporation
Hyosung advanced materials
Albany Engineering Composites
FRP composite materials
Main topics covered:
1 Description of the report
2 Research methodology
4 market influencers
4.1.1 Exceptional thermal load capacity and high resistance
4.1.2 Strong demand for aerospace composite materials in the aerospace industry
4.1.3 Development of fuel efficient airplanes
4.1.4 Growing demand in the military and defense sector
4.2.1 Decrease in the number of commercial aircraft deliveries
4.2.2 High cost of manufacturing and assembling composite materials
4.3.1 Reducing the cost of carbon fiber
4.3.2 Development of advanced software tools for aerospace composites
4.4.1 Maintaining an uninterrupted supply and operating at full capacity
4.4.2 Liquidity crisis
5 Market analysis
5.1 Regulatory scenario
5.2 Porter’s five forces analysis
5.3 Impact of COVID-19
5.4 Ansoff matrix analysis
6 Global Aerospace Composites Market, By Fiber Type
6.2 Carbon fiber composites
6.3 Composites of ceramic fibers
6.4 Fiberglass composites
7 Global Aerospace Composites Market, By Application
7.2.3 Sandwich panels
7.2.4 Environmental control system (ECS) ducts
7.3.3 Rotor blades
7.3.4 Tail arrow
8 Global Aerospace Composites Market, By Manufacturing Process
8.2 AFP / ATL
8.3 Lay-up process
8.4 Resin transfer molding process
8.5 Filament winding process
8.6 Other processes
9 Global Aerospace Composites Market, By Resin Type
9.3 Cyanate ester
9.6 Ceramic and metal matrix
9.7 Thermosetting resins
10 Global Aerospace Composites Market, By Aircraft Type
10.2 Commercial aircraft
10.2.1 Regional jets
10.2.2 Single-aisle airplane
10.2.3 Widebody Airplane
10.3 Business and general aviation
10.3.1 Business aircraft
10.3.2 Pistons and turboprop engines
10.4 Civil aircraft
10.5 Military aircraft
10.7 Others (UAV)
11 Global Aerospace Composites Market, By Geography
12 Competitive landscape
12.1 IGR Competitive Quadrant
12.2 Market share analysis
12.3 Strategic initiatives
12.3.1 M&A and investments
12.3.2 Partnerships and collaborations
12.3.3 Product developments and improvements
13 company profiles
For more information on this report visit https://www.researchandmarkets.com/r/b4wrt8
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