Aerospace Composites Market to be Worth $10.3Bn in 2012

Tuesday 16 October 2012, Amsterdam

An analysis indicates that the global aerospace composites market will reach a value of $10.3bn in 2012, as the manufacturing process of composite materials into aircraft is refined and developed and the demand for new fuel efficient aircraft gathers pace.

The aerospace composites market is expected to record positive and continuous growth over the next decade, in large part due to a better understanding of the physical attributes of composite materials which can be successfully integrated into the design and development process and the increasing demand for lighter and more fuel efficient aircraft.

The author of The Aerospace Composites Market 2012-2022 report commented that ‘composite usage in aerospace is a growth market given the potential opportunities arsing from the expansion of air travel, the importance attached to maintaining airline safety and the need by airlines to reduce operational costs.’

The report contains 101 tables, charts and graphs that add visual analysis in order to explain developing trends within the aerospace composites market. This report provides forecasts for the period 2012-2022 in terms of value (US$) for the global aerospace composites market, as well as submarket forecasts for 3 material type submarkets (glass fibre, carbon fibres, aramid fibres) and 4 submarket forecasts by aircraft type (commercial, business jets, military and commercial helicopters). In addition, 10 leading national aerospace composites markets are forecast and analysed over the period 2012-2022. The report provides profiles of 20 leading companies operating within the market, and includes two interviews providing expert insight alongside visiongain analysis.

The Aerospace Composites Market 2012-2022 report will be of value to current and future potential investors into the aerospace composites market, as well as companies and research centres who wish to broaden their knowledge of the aerospace composites industry.