Aerospace Engineered Coated Fabrics Market estimated to reach US$ 167.7 million in the forecast period (2019-2024)

The report on the Aerospace Engineered Coated Fabrics Market has been launched by Stratview Research is an all-inclusive report that talks about the market structure and growth in the forecast period of 2019-2024. The report also offer insights into different market segments and other factors affecting the market.

Stratview Research’s report states about the segment-wise current market condition, and also offers an estimation about future growths. The report has been generated after accumulating data from various authenticated sources such as journals, white papers, fact book, etc. As per the estimation, Aerospace Engineered Coated Fabrics Market is expected to reach US$ 167.7 million by the forecast period (2019 – 2024).

As per the report, the market is segmented by:
 North America is projected to remain the largest market during the forecast period. The USA is the growth engine of the North American aerospace structural adhesives market.
 Interiors segment is subjected to grow at the highest rate in the coming five years, driven by large commercial aircraft fleet size across regions.
 Epoxy is likely to remain the most dominant resin system of the market over the next five years, whereas BMI is likely to witness the highest growth over the next five years.
 Commercial aircraft is likely to remain the largest segment of the market during the forecast period.

Table Of Contents: https://www.stratviewresearch.com/toc/508/aerospace-engineered-coated-fabrics-market.html

Highlights of the Report:
The market is witnessing significant technological developments in order to improve the overall customer experience as these fabrics are mostly customized to meet the specific requirements of the customers. Engineered coated fabric is an indispensable focus area for all the major aerospace tier players who are engaged in developing products and fabricating parts such as evacuation slides, airships & aerostats, fuel cells, life rafts & life vests, and gangway bellows.

Based on the platform type, the market is segmented into civil aircraft, military aircraft, and spacecraft. Civil aircraft is likely to remain the dominant and the fastest-growing segment of the market during the forecast period. Inclination towards lightweight yet durable parts for achieving greater fuel efficiency and stringent regulations towards passenger safety are the major factors driving the demand for engineered coated fabrics in the civil aviation industry. Further, increasing aircraft deliveries to meet rising passenger traffic is acting as a catalyst towards the growth of the segment.

Based on the coating type, the market is segmented into urethane-coated fabrics, rubber-coated fabrics, silicone coatings, and others. Polyurethane coating is expected to remain the most dominant segment of the market during the forecast period, whereas rubber coating and silicone coating are likely to witness healthy growth rates over the next five years. Polyurethane coating offers high-tensile strength and possesses excellent resistance to heat and flame, making them the most preferred coating type for aerospace engineered coated fabrics.

Based on the coating process type, the market is bifurcated into the calendaring coating, hot-melt coating, knife coating, and others. Hot-melt coating is the most widely used coating process in the market and is also projected to grow at the highest rate during the forecast, owing to its low-processing time. In the hot-melt coating process, coating material can be applied without any organic solvents at a high application rate, which leads to its low-processing time.

In terms of region, North America is projected to remain the largest market for aerospace engineered coated fabrics during the forecast period. The USA is the growth engine of the region's market driven by the presence of a large number of OEMs, tier players, engineered coated fabric suppliers, and airlines. Rising commercial aircraft fleet size is likely to further boost the overall demand for engineered coated fabrics in the foreseeable future in North America.

Asia-Pacific is likely to witness the highest growth during the forecast period, driven by a host of factors including increasing demand for commercial aircraft to support rising passenger traffic, opening of assembly plants of Boeing and Airbus in China, upcoming indigenous commercial and regional aircraft (COMAC C919 and Mitsubishi MRJ), and rising aircraft fleet size.

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Key Players of the Market
The key manufacturers in the market are Alpha Engineered Composites, Continental AG (ContiTech), Fothergill Group, Gasket Engineering Company, John Holden and Sons, Orca, by Pennel & Flipo, Trelleborg AB, and The Yokohama Rubber Co., Ltd. Some of the key end-users in the industry are Boeing, Airbus, Embraer, Bombardier, and NASA.

Features of the Report
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 into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. Here are the key features of the report:
• Strategic Segmentation
• Competitive Analysis
• Strategic Growth Opportunities
• Swot Analysis
• Key Players
• Forecast Analysis & Future Growth

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This release was published on openPR.