Press release
Global Cabin Interior Composites Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
Cabin Interior Composites create an aesthetic and structural atmosphere that travellers can experience. Airlines are also putting in new fiber sheets that can be manually adjusted using remote controls, including temperature, pressure, tension, and movement settings using mood lighting, real-time cockpit displays, and applications.
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The Cabin Interior Composites Market is expected to have the highest CAGR in the Asia-Pacific region. Rapid urbanization, rising disposable incomes and the emergence of low-cost carriers have all contributed to an increase in demand for air travel in the Asia-Pacific region. A growing emphasis has been placed on enhancing the traveller experience and lowering fuel consumption as airlines in the area grow their fleets and update their aircraft. Due to their advantages in terms of light weight and fuel efficiency, carbon fiber composites and other cutting-edge interior materials have become more popular in this area.
Some of the key players in Cabin Interior Composites market include BASF Corporation, FACC AG, Hexcel Corporation, SGL Carbon SE, AIM Altitude Limited (AVIC), Safran SA, Solvay S.A., Singapore Technologies Engineering Ltd, Diehl Stiftung& Co. KG, The Nordam Group LLC, Gurit Holding AG, Triumph Group, Inc., Collins Aerospace, Inc., JAMCO Corporation, Hexion Inc., Teijin Limited, The Gill Corporation, Toray Industries, Inc., Owens Corning , TenCate Advanced Composites, Mitsubishi Chemical Holdings Corporation.
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Key Developments:
In April 2023, Solvay and GKN Aerospace have signed an extension to their 2017 collaboration agreement. Under the agreement, both businesses are developing a joint thermoplastic composites (TPC) roadmap to explore new materials and manufacturing processes for aerospace structures, while jointly targeting future strategic high-rate programs.
In January 2023, BASF has announced an investment in the capacity expansion of polymer dispersions at its production site in Merak, Indonesia. The expansion is in line with the growing trend of high-quality packaging in ASEAN where key paper and board manufacturers are located.
In January 2022, S7 Technics' base in Mineralnye Vody introduced Russia's first automated facility for manufacturing composite panels for cabin floors and overhead bins for Airbus A320 family aircraft. This new facility enables the company to cut its costs and time.
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
For more information about this report visit https://www.strategymrc.com/report/cabin-interior-composites-market
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