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Aerospace Composite Ducting Market estimated to reach US$ 864.7 million in the forecast period (2019-2024)

10-15-2019 09:10 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Stratview Research

Aerospace Composite Ducting Market estimated to reach US$ 864.7

The report on the Aerospace Composite Ducting 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 Composite Ducting Market is expected to reach US$ 864.7 million by the forecast period (2019 – 2024).

As per the report, the market is segmented by:
●by Application Type (Environment Control System, Auxiliary Power Unit, and Others) – Low-pressure applications currently dominate the market.
•by Reinforcement Type (Glass & Carbon Fiber Composites, and Others) – Glass fiber is the most widely used reinforcement type in the Market.
•by Matrix Type (Epoxy Composites, Phenolic Composites, and Others)
●by Manufacturing Process Type (Autoclave, Out of Autoclave, and Others)
●and by Region (North America, Europe, Asia-Pacific, and RoW) – North America to remain the largest market.

Table Of Contents: https://www.stratviewresearch.com/toc/244/aerospace-and-defense-composite-ducting-market.html

Highlights of the Report:
Commercial aircraft is expected to remain the growth engine of the global aerospace & defense composite ducting market during the forecast period. This aircraft segment is also expected to witness the highest growth over the next five years, driven by increasing production rates of key aircraft programs, such as B737, A320, B787, and A350 and continuous shift from metal ducts to composite ducts in both low-pressure and high-pressure applications. Regional aircraft is also projected to witness impressive growth during the same period.
Low-pressure applications currently dominate the global aerospace & defense composite ducting market.

Composite ducting is widely preferred in the low-pressure applications throughout the entire breadth of fixed and rotary wing aircraft types and offers several advantages, such as lightweight, an excellent strength, thermal resistance, and ability to mold complex shapes.

Glass fiber is the most widely used reinforcement type in the global aerospace & defense composite ducting market and is expected to remain the largest reinforcement type over the next five years. This fiber type is highly preferred in low-pressure applications, such as cabin air recirculation and cabin sidewall riser as it offers good mechanical performance at a relatively lower cost. Epoxy, phenolic, and thermoplastic resins are used along with the glass fibers to manufacture ducting. Carbon fiber is likely to witness the highest growth over the next five years.

North America is expected to remain the largest market for global aerospace & defense composite ducting over the next five years. This region is the manufacturing hub of the advanced composites industry with the presence of several large- to small-sized part fabricators, prepreggers, and raw material suppliers. Boeing, Bombardier, and Lockheed Martin are major aircraft manufacturers in North America. Asia-Pacific is likely to experience the highest growth during the forecast period, driven by the demand for composite ducting in upcoming commercial and regional aircraft, such as COMAC C919 and Mitsubishi MRJ.

Request a Sample here: https://www.stratviewresearch.com/Request-Sample/244/aerospace-and-defense-composite-ducting-market.html

Key Players of the Market
The key composite ducting manufacturers for the aerospace & defense industry are Senior Aerospace, Triumph Group, ITT Corporation, Parker Hannifin Corporation, Arrowhead Products, AIM Aerospace, and Stelia North America.

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

Know more about us and our reports:
Stratview Research is a global market research company and is known to offer custom research reports in varied fields such as aerospace & Defense, Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. The team makes sure to have a deep research about the topics so that the most useful insights can be delivered to the professionals.

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

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