Aerospace & Defence Thermoplastic Composites Market Forecasted to Reach US$ 636 million in 2023

Stratview Research has launched a research report on Aerospace & Defence Thermoplastic Composites Market. The objective of this report is to identify the Trend, Forecast, Competitive Analysis, and Growth Opportunity of Aerospace & Defence Thermoplastic Composites Market from 2018 to 2023.

This 270-page report is segmented in six ways to provide a 360-degree holistic view. The segments are –
● by Aircraft Type (Commercial Aircraft, General Aviation, and Others)
● by Resin Type (PPS, PEEK, and Others)
● by Application Type (Interior, Airframe, and Others)
● by Fiber Type (Carbon Fiber and Glass Fiber)
● by Process Type (Compression Molding, Injection Molding, and Others)
● and by Region
○ North America (Country Analysis: the USA, Canada, and Mexico)
○ Europe (Country Analysis: Germany, France, the UK, and Rest of Europe)
○ Asia-Pacific (Country Analysis: China, India, Japan and Rest of Asia-Pacific)
○ Rest of the World (Country Analysis: the Middle East, Latin America, and Others)

Stratview Research, has presented the study of Aerospace & Defence Thermoplastic Composites Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The key thermoplastic composite suppliers include companies, such as Royale TenCate, Solvay S.A., and RTP Company. Some of the major thermoplastic component manufacturers in the market include AVANCO Group (Xperion Performance Polymer Composites), Daher-Socata, Dutch Thermoplastic Components B.V., GKN Aerospace (Fokker Aerostructures), and Premium AEROTEC GmbH. The major aircraft OEMs are Airbus, Boeing, Gulfstream Aerospace, and Dassault Aviation.

Go through the detailed scope: https://www.stratviewresearch.com/toc/299/aerospace-&-defense-thermoplastic-composites-market.html

Or

Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/299/aerospace-&-defense-thermoplastic-composites-market.html

Increasing production rates of composites rich aircraft

The A&D thermoplastic composites market is likely to offer significant opportunities over the next five years to reach an estimated value of US$ 636 million in 2023. Increasing commercial and regional aircraft deliveries, increasing demand for advanced composites in the structural applications of aircraft, increasing production rates of composites rich aircraft (B787 and A350XWB), increasing demand for thermoplastic composites to fabricate structural and interior parts, and superior benefits of thermoplastic composites including recyclability and reduction in parts count are the key factors that are proliferating the demand for thermoplastic composites in the aerospace & defense industry.

Commercial aircraft to remain the most dominant aircraft

The A&D thermoplastic composites market is segmented based on the aircraft type as Commercial Aircraft, General Aviation, Military Aircraft, and Others. Commercial aircraft is projected to remain the most dominant aircraft type in the A&D thermoplastic composites market during the forecast period. Increasing production of commercial aircraft coupled with increasing penetration of thermoplastic composites, especially in commercial aircraft, is likely to fuel the growth of the segment in the coming years.

PPS resins have good dimensional stability

Based on the resin type, PPS resin dominates the A&D thermoplastic composites market and is expected to remain the largest segment during the forecast period. PPS resins have good dimensional stability even at elevated temperatures and in harsh chemical environment. They also have the advantage of molding complex parts easily with a tight tolerance. The resins have successfully found usage in various aircraft applications, especially on airframe applications.

Extremely low weight, high tensile and compression strength is the key growth driver

Based on the fiber type, carbon fiber is projected to remain the largest fiber type in the A&D thermoplastic composites market during the forecast period. Extremely low weight, coupled with high tensile and compression strength is the key growth driver of carbon fiber in the A&D thermoplastic composites market. On the other hand, glass fiber is likely to remain the second choice in the forecast period, due to its relatively low performance than carbon fiber.

Europe to remain the largest market

Based on the region, Europe is expected to remain the largest A&D thermoplastic composites market during the forecast period. Airbus is the major consumer of thermoplastic composites. Major tier players have set up manufacturing plants with high proximity to the airbus’ assembly plants to fulfill their emerging requirements for its next-generation aircraft program. North America also holds reasonable share in the A&D thermoplastic composites market. Boeing and Gulfstream Aerospace are the key OEMs, which are creating a healthy demand for thermoplastic composite parts in the region.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
● Market structure: Overview, industry life cycle analysis, supply chain analysis
● Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
● Market trend and forecast analysis
● Market segment trend and forecast
● Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
● Attractive market segments and associated growth opportunities
● Emerging trends
● Strategic growth opportunities for the existing and new players
● Key success factors.
● Research Methodology

This report studies the Aerospace & Defence Thermoplastic Composites Market, keeping in mind the interest of all the stakeholders across the value chain. The rich quality of insights is outcome of -
o Extensive secondary research,
o Rigorous primary interviews with more than 15 industry stakeholders across the value chain.
o Validation and triangulation of data with Stratview Research’s internal database and statistical tools.
o More than 700 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data.

Click Here for Other Reports from Stratview Research in the Aerospace & Defence Industry: https://www.stratviewresearch.com/market-reports/Aerospace-Defense.html

Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.

400 Renaissance Center,
Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Phone No. +1-313-307-4176
Email-sales@stratviewresearch.com

This release was published on openPR.