Aerospace Composites Market Specifications, Business Growth,
Opportunities Forecast 2014-2020
“Aerospace composites Market presents opportunities owing to continuous
technological advancements in component and structural application in
materials as well as mainframe.”
The Aerospace Composites Market is expected to witness market growth at a CAGR of above 4% over the
forecast period from 2015 to 2020 on account of continuing market thrust in Asia Pacific regions and Latin
America with budding low cost carriers. Strong demand is anticipated to prevail in North America and European
Markets in commercial as well as defence sector. The Middle East airlines industry is growing with lifestyle shifts
and business growth in the region coupled with introduction of low cost airlines has led to a boost in overall
airlines market.
Aerospace composites are formed by combining two or more basic materials to obtain superior characteristics
of binding, reinforcement, temperature resistance and flexibility. Composite matrices can be metallic, ceramic
or polymeric manufactured from fibres that can be carbon, glass and natural. These fibres are to be bound
together by resins such as epoxies, polyurethanes, phenol and unsaturated polyesters and vinyl esters.
Reinforcement decides properties of the composite while matrix holds the structure in place.
Key factors supporting the growth of aerospace composites are their applications in aircraft interiors such as
ceiling panels, galleys, cabin linings, cargo floor panels, ceiling panels, overhead compartments, lavoratories,
partitions, and bars. Aerospace composites are also used in exterior equipment such as landing gear, doors,
winglets ,fins, and trailing edges.
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