Global Aerospace and Defense Composites Market to Reach $46.47 Billion by 2029 at a CAGR of 8.06% - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Aerospace and Defense Composites - Market and Technology Forecast to 2029" report has been added to ResearchAndMarkets.com's offering.

Composites are lightweight materials composed of materials with significantly different physical as well as chemical properties. They are typically composed of raw materials including a fiber and a matrix.

The growth of the overall composites vertical is supported by a requirement of decreased operational expenditure instated by OEMs. The use of lightweight materials decreases the thrust/ propulsion required in the case of various vehicles across platforms, thus reducing the fuel consumption. This in turn reduces the carbon emission hence complying by several environmental norms enforced to reduce carbon footprint.

The overall Aerospace and Defense Composites Market reached US$20.13 bn. The overall market is expected to grow with a CAGR of 8.06% between the period 2021-2029. The total market for Aerospace and Defense Composites is expected to attain a market value of US$46.47 bn.

The Global Aerospace and Defense Composites Market is segmented by Region, End-Users, Product, Application, Manufacturing, and Resin Type. In terms of regional landscaping, it is seen that North America accounts for roughly 40% of the overall market revenue generated, while APAC is seen to be the second-largest regional segment within the Aerospace and Defense Composites Market.

Scope

The overall market for the "Global Aerospace and Defense Composites-Market and Technology Forecast to 2029". The market is segmented by Region, Application, and Manufacturing. The overall market is expected to grow with a CAGR of 8.33% between 2021-2029.

This report is aimed at

• Key market trends and their impacts on the changing market dynamics have been discussed.
• The technologies within this market have been studied based on the various applications.
• A comprehensive study based on the drivers, restraints, and challenges of this market has been covered.
• The impact of growing technological advancement on the market as well as its demand has been studied.
• The high growth markets have been studied briefly and the trends across this vertical have also been studied.
• The new opportunities provided by this market have been listed.
• The industrial shortcomings and the performance of the key players for this market have been analyzed.

Segmentation

This report has been segmented by Region, End-Users, Product, Application, Manufacturing, and Resin Type.

Region

• North America
• Europe
• APAC
• Middle East
• RoW

End-Users

• Commercial Aviation
• Defense Aviation
• UAVs
• Armored Vehicle
• Soldier Protection System
• Others

Product

• Carbon Fiber Reinforced Composite
• Glass Fiber Reinforced Composite
• Aramid
• UMHWPE
• Metal Matrix Composites
• Ceramic Matrix Composites
• Others

Application

• OEM
• Aftermarket
• Others

Resin Type

• Thermoset
• Thermoplastic
• Others

Manufacturing

• Lay Up
• Resin Transfer Molding Process
• Compression Molding Process
• Injection Molding Processing
• Pultrusion Process
• Vacuum bag/autoclave molding
• Automated Fiber Replacement/Automated Tape Laying
• Others

Key Topics Covered:

1 Introduction

2 Executive Summary

3 Application Based Technologies in the Aerospace and Defense Composites Market

4 Current Market Overview Aerospace and Defense Composites Market

5 Current Market Trends for the Aerospace and Defense Composites Market

6 Key Aircraft OEMs and Models that use Composites

7 Market Analysis and Forecast Factors

8 Forecast Aerospace and Defense Composites Market to 2029 by region

9 Forecast Aerospace and Defense Composites Market to 2029 by Application

10 Forecast Aerospace and Defense Composites Market to 2029 by Manufacturing

11 Opportunity Analysis

12 Scenario Analysis

13 Leading Companies in the Global Aerospace and Defence Composites Market

14 Conclusions and recommendations

15 About the Publisher

16 Appendices

Companies Mentioned

• Solvay SA
• Toray Industries
• Mitsubishi Chemical Holdings
• Hexcel Corporation
• Tejin Limited
• SGL Group
• Spirit Aerosystems
• DuPont de Nemors
• ACT Aerospace
• LMI Aerospace
• BASF SE
• Argosy International
• JPS Composite Materials
• LyondellBasell
• Euro Composites
• Hindustan Aeronautics Ltd
• COTESA Gmbh
• Gurit Holdings
• Owens Corning

For more information about this report visit https://www.researchandmarkets.com/r/80gr07.