Press release
Global Aerospace Coatings Market: Growth Drivers, Market Size Projection, Key Trends, and Major Players
Aerospace Coatings Market Growth
The aerospace composites market is projected to see tremendous growth, attributed to changes in regulations, environmental concerns, age of aircraft fleet, and production of commercial and defense aircraft.
What Is The Projected Market Size Of The Global Aerospace Composites Market And Its Growth Rate?
The Aerospace Composites market has seen exponential growth in recent years and is expected to continue this trend.
• In 2024, market size was $35.59 billion.
• By 2025, it is projected to reach $41.45 billion with a CAGR of 16.5%.
• The growth can be attributed to regulatory changes, environmental concerns, globalization, and the aging aircraft fleet.
• By 2029, the market size is forecasted to skyrocket to $70.55 billion with a CAGR of 14.2%.
• Drivers for this growth include economic growth, aircraft fleet modernization, recycling and sustainability initiatives, aerospace industry consolidation, and increasing demand for passenger and cargo aircraft production.
What Is Driving The Growth In The Aerospace Composites Market?
The growing demand for high-strength, lightweight composite materials is fueling market growth. Using lightweight materials can improve energy efficiency and reduce fuel consumption, leading to a decrease in an aircraft's mass. This results in less lift force and thrust required during flight. Noteworthy is the substantial growth in the global composites sector, which totaled 12.7 million metric tons in 2022, highlighting the impact of increasing use of lightweight materials in the aerospace composites market.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5755&type=smp
Who Are the Key Players Driving Aerospace Composites Market Growth?
Key companies operating in the Aerospace Composites market include:
• Solvay SA
• Toray Industries Inc.
• Mitsubishi Chemical Holdings Corporation
• Hexcel Corporation
• Teijin Limited
• SGL Carbon SE
• Materion Corporation
• Owens Corning
• Spirit AeroSystems Inc.
What Are The Key Trends In The Aerospace Composites Market?
Leading trends influencing the Aerospace Composites market are:
• Digital twin and simulation
• Adoption of additive manufacturing
• Engineered fiber architectures
• Sustainable and eco-friendly composites
• Advanced composite materials
What Are The Segments Of The Global Aerospace Composites Market?
The global Aerospace Composites Market is segmented by -
1) Fiber Type: Carbon Fiber Composites, Ceramic Fiber Composites, Glass Fiber Composites, Others
2) Aircraft Type: Commercial Aircraft, Business & General Aviation, Civil Helicopter, Military Aircraft, Others
3) Manufacturing Process: AFP/ATL, Lay-Up Process, Resin Transfer Molding Process, Filament Winding Process, Others
4) Resin Type: Benzoxazine, Cyanate Ester, Bismaleimide, Ceramic and Metal Matrix, Thermosetting Resins, Polyester, Others
5) Application: Interior, Exterior
Which Region Leads The Aerospace Composites Market?
North America was the largest region in the aerospace composites market in 2024, with Asia-Pacific expected to be the fastest-growing region during the forecast period. The report covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Pre-book the report for swift delivery:
https://www.thebusinessresearchcompany.com/report/aerospace-composites-global-market-report
What Is Covered In The Aerospace Composites Market Global Market Report?
- Market size analysis: Analyze the Aerospace Composites Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Aerospace Composites Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Aerospace Composites Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Aerospace Composites Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request customization for this report:
https://www.thebusinessresearchcompany.com/Customise?id=5755&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company offers comprehensive, data-rich research and insights across 60+ geographies and 27 industries. With over 15,000+ reports and 1,500,000 datasets, The Business Research Company has proven to be a reliable provider of informed decision-making intelligence.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Aerospace Coatings Market: Growth Drivers, Market Size Projection, Key Trends, and Major Players here
News-ID: 3810739 • Views: …
More Releases from The Business research company
Foam Tape Industry to Achieve $14.62 Billion Growth by 2029
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
How Will the Foam Tape Market Grow by 2025 in Terms of Size and Growth?
In recent times, there has been significant growth in the market size for foam tape. It is projected to escalate from $10.02 billion in 2024 to $10.77 billion in 2025, demonstrating a compound annual growth rate (CAGR)…
Continuous Positive Airway Pressure (CPAP) Mask Market Expansion Outlook: $3.85 …
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Projected CAGR for the Continuous Positive Airway Pressure (CPAP) Mask Market from 2024 to 2025?
In recent times, the market size of the continuous positive airway pressure (cpap) mask has seen robust growth. The market is projected to rise from $2.83 billion in 2024 to $3 billion in 2025,…
Alkyd Coating Market to Record 7.5% CAGR Growth Through 2029 | Global Analysis R …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Alkyd Coating Market Outlook: How is the Market Expected to Grow by 2025?
The market size of alkyd coatings has experienced significant growth in the past few years. The market is projected to expand from $25.13 billion in 2024 to $26.74 billion in 2025, exhibiting a compound annual growth rate…
Water Free Skincare Market Analysis: $22.5 Billion by 2029 With a CAGR of 7%
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
Water Free Skincare Market Value Projection: How Much Will the Market Size by 2025?
The market size of waterless skincare has experienced a robust increase in recent years. The expected growth is from $15.96 billion in 2024 to $17.15 billion in 2025, with a compound annual growth rate (CAGR) of 7.5%.…
More Releases for Aerospace
Aerospace Wiring Harness Market will reach $4.1 billion by 2032: Amphenol Aerosp …
The Latest published market study on Global Aerospace Wiring Harness Market provides an overview of the current market dynamics in the Aerospace Wiring Harness space, as well as what our survey respondents- all outsourcing decision-makers- predict the market will look like in 2032. The study breaks the market by revenue and volume (wherever applicable) and price history to estimate the size and trend analysis and identify gaps and opportunities. Some…
Aerospace Composites Market Future Growth Insight And Competitive Outlook 2025 | …
The Global Aerospace Composites Market is expected to reach USD 57.04 billion by 2025, from USD 26.90 billion in 2017, growing at a CAGR of 9.4% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.Global Aerospace Composites Market, By Fibre Type (Carbon, Glass, Ceramic),…
Aerospace Evacuation Market 2025 By Top Key Players UTC Aerospace Systems, Zodia …
Asia Pacific will witness a significant growth rate in the aerospace evacuation market place over the forecast timeframe. This is attributed to the increasing air travel coupled with investments in aviation industry across the region. International Air Transport Association (IATA) estimates that the region will have around 3.5 billion passengers by 2036.
Europe aircraft evacuation market holds substantial share with the expansion of airlines. In August 2018, Wizz Air announced expansion…
Aircraft Evacuation Market 2025 | UTC Aerospace Systems, GKN Aerospace, Zodiac A …
Asia Pacific aircraft evacuation market share will witness a significant growth owing to increasing demand for air travel. Further, as per IATA, the region is witnessing an annual increase of around 5.5% passenger traffic. Continuous investments by industry players for setting up of manufacturing facilities are further supporting the regional growth till 2025.
Europe aircraft evacuation market holds substantial share with the expansion of airlines. In August 2018, Wizz Air announced…
Aerospace Lavatory System Market Outlook to 2027 - Percival Aviation, Zodiac Aer …
The Aerospace Lavatory System Market research report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Poter's five forces analysis.
Factors responsible to drive the growth of aerospace lavatory system is increase in the number of passengers has raised the demand for more commercial aircraft equipped…
Aerospace Control Surface Market - Spirit AeroSystems, Aernnova Aerospace, GKN A …
North America aerospace control surface market size is expected to lead owing to presence of key manufacturers in the region. Europe led by Germany, France, UK and Russia is estimated to witness significant growth in aerospace control surface market during the forecast timeframe. Advancement in technology with implementation of light weight composites allowing improved efficiency of aircraft will support the overall industry demand.
Aerospace control surface market can be segmented based…
