Dublin, July 15, 2020 (GLOBE NEWSWIRE) -- The "Composites in the Aerospace Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.

The future of the global aerospace composite materials market looks promising with opportunities in commercial aircraft, regional aircraft, general aviation, helicopter, and military aircraft markets.

The global aerospace composites materials market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $3.3 billion by 2025 with a CAGR of 5% to 7% from 2020 to 2025. The major drivers for this market are growing demand for lightweight materials to increase fuel efficiency and growth of aircraft with high composites penetration such B787 and A350WXB.

An emerging trend, which has a direct impact on the dynamics of the industry, includes the recycling of advanced composites. Some of the aerospace composite materials companies profiled in this report include Hexcel, Cytec Solvay Group, Toray, Gurit, and Teijin.

The study includes a forecast of the growth opportunities for the composites in the global aerospace market by aircraft type, reinforcement type, manufacturing process, type of structure, component and region.

In this market, carbon fiber, glass fiber, and aramid fiber are used to fabricate various aircraft components. On the basis of comprehensive research, it is forecast that carbon fiber based composites will remain the largest market during the forecast period. Increasing penetration of carbon composites in commercial aircraft, such as B787 and A350XWB is expected to drive the demand for this segment over the forecast period from 2020 to 2025.

Within the aerospace composites market, commercial aircraft will remain the largest market by value and volume consumption followed by military aircraft.

By type of structure, primary structure will remain the largest market by value and volume due to higher composite consumption.

North America will remain the largest region during the forecast period due to a higher demand for newer aircraft and the ongoing replacement of an aging fleet.

Features of the report include:

This report answers following 11 key questions

Q. 1. How big are the opportunities for composites in the global aerospace market by aircraft type (commercial aircraft, regional aircraft, general aviation, helicopter, military aircraft, others), by reinforcement type (carbon composites, glass composites, aramid composites, others), manufacturing process (hand lay-up, AFP/ATL, RTM, injection molding, compression molding, others), type of structure (primary structure interior, engine, others), component (wing, fuselage, empennage, engine, interior, rotor blade, radome, landing gear, others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q. 2. Which product segments will grow at a faster pace and why?Q. 3. Which region will grow at a faster pace and why?Q.4. What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in this market?Q.5. What are the business risks and competitive threats in this market?Q.6. What are the emerging trends in this market and the reasons behind them?Q.7. What are some of the changing demands of customers in the market?Q.8. What are the new developments in the market and which companies are leading these developments?Q.9. Who are the major players in this market? What strategic initiatives are being taken by key companies for business growth?Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by product substitution?Q. 11. What M&A activity has occurred in the last have years and what has its impact been on the industry?"

Key Topics Covered

1. Executive Summary

2. Aerospace Market Analysis2.1. Macro-Level Comparative Economic Analysis2.2. Supply Chain 2.3. Global Aerospace Market Overview2.4. Regional Analysis2.5. Recent Trends in the Global Aerospace Market2.6. Forecast for the Global Aerospace Market

3. Commercial Aerospace Market Analysis3.1. Overview of the Commercial Aerospace Market3.2. Commercial Aerospace Market Size3.2.1. Narrow-Body Aircraft3.2.2. Wide-Body Aircraft3.3. Market Leaders and Market Share3.4. Commercial Aerospace Market Trends3.4.1. Narrow-Body Aircraft3.4.2. Wide-Body Aircraft3.5. Commercial Aerospace Market Forecast

4. Regional Aircraft Market Analysis4.1. Overview of the Regional Aircraft Market4.2. Regional Aircraft Market Size4.3. Market Leaders and Market Shares4.4. Regional Aircraft Market Trends4.5. Regional Aircraft Market Forecast

5. General Aviation Market Analysis5.1. Overview of the General Aviation Market5.2. General Aviation Market Size5.2.1. Piston Aircraft5.2.2. Turboprop Aircraft5.2.3. Business Jet Aircraft5.3. General Aviation Market Trends5.4. General Aviation Market Forecast

6. Helicopter Market Analysis6.1. Overview of the Helicopter Market6.2. Helicopter Market Size6.3. Market Leaders6.3.1. Civil Helicopter Market6.3.2. Military Helicopter Market6.4. Helicopter Market Trends6.5. Helicopter Market Forecast

7. Military Aircraft Market Analysis7.1. Overview of the Military Aircraft Market7.2. Military Aircraft Market Size7.3. Military Aircraft Market Trends7.4. Military Aircraft Market Forecast

8. Manufacturing Process Analysis8.1. Overview8.1.1. Hand Lay-Up8.1.2. ATP and AFP8.1.3. Filament Winding8.1.4. Injection Molding8.1.5. Compression Molding8.1.6. Resin Transfer Molding (RTM) 8.1.7. Roll Wrapping8.2. Market Size by Manufacturing Process8.3. Commercial Aircraft Manufacturing Process8.4. General Aircraft Manufacturing Process8.5. Helicopter Manufacturing Process8.6. Military Aircraft Manufacturing Process

9. Evolution of Composite Applications in the Global Aerospace Market9.1. Evolution of Composite Applications

10. Composite Applications in the Global Aerospace Market10.1. Application of Composites in the Commercial Aircraft Market10.2. Application of Composites in Regional Aircraft10.3. Application of Composites in General Aviation10.4. Application of Composites in Helicopters10.5. Application of Composites in Defense10.6. Application of Composites in Space

11. Composite Material Market Analysis11.1. Overview of Composite Materials11.2. Business Issues with Composite Materials11.3. Buy and Fly Weight Analysis11.4. Composite Shipments by Raw Material Type11.5. Composite Shipments by Market Segment11.5.1. Composite Materials in the Commercial Aerospace Market11.5.2. Composite Materials in the Regional Aircraft Market11.5.3. Composite Materials in the General Aviation Market11.5.4. Composite Materials in the Helicopter Market11.5.5. Composite Materials in the Military Market

12. Composite Materials in the Aerospace Market by Region12.1. Composite Materials by Region

13. Trends for Composites in the Global Aerospace Market13.1. Trend Overview13.2. Trends of Composites in the Global Aerospace Market by Segment13.3. Trends of Composites in the Global Aerospace Market by Component13.4. Trends of Composites in the Global Aerospace Market by Reinforcement13.5. Trends of Composites in the Global Aerospace Market by Structure Type13.6. Trends of Composites in the Global Aerospace Market by Region13.7. Trends in Manufacturing Processes

14. Forecast for Composites in the Global Aerospace Market14.1. Forecast Overview14.2. Forecast for Composites in the Global Commercial Aerospace Market14.3. Forecast for Composites in the Global Aerospace Market by Component14.4. Forecast for Composites in the Regional Aircraft Market14.5. Forecast for Composites in the General Aviation Market14.6. Forecast for Composites in the Helicopter Market14.7. Forecast for Composites in the Military Aircraft Market14.8. Forecast for Composites by Reinforcement14.9. Forecast for Composites in the Global Aerospace Market by Type of Structure14.10. Forecast for Composites in the Global Aerospace Market by Region14.11. Forecast in Manufacturing Processes

15. Company Profiles of Leading Players15.1. Hexcel Corporation15.2. Toray Industries Inc.15.3. Teijin Limited15.4. Cytec Solvay Group15.5. Zodiac Aerospace15.6. Spirit AeroSystems, Inc.15.7. Elbit Systems

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Aerospace Composites Materials Market Worth $3.3 Billion by 2025, Recovering from a Decline in 2020 due to the Outbreak of COVID-19 - GlobeNewswire