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Composites in the Global Aerospace Interior Market Trends and Forecast
The future of composites in the global aerospace interior market looks promising with opportunities in the commercial aircraft, regional aircraft, general aviation, helicopter, and military aircraft. Composites in the global aerospace interior market is expected to reach an estimated $643.9 million by 2028 with a CAGR of 6.5% from 2022 to 2028. The major growth drivers for this market are increasing deliveries of aircraft and the demand for lightweight materials.
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Lucintel forecasts that the interior panels will remain the largest application over the forecast period. The major parts fabricated from composites include floor panels, ceiling panels, sidewalls and partition walls. Increased focus on weight reduction and fuel efficiency by aircraft manufacturers has augmented the use of composites in aircraft interior.
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Europe is expected to remain the largest region over the forecast period due to a significant increase in aircraft deliveries and increasing demand for lightweight materials. APAC is expected to witness the highest growth in forecast period
Europe is expected to remain the largest region in the Composites in the Global Aerospace Interior Market
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United States: Boeing and Airbus are integrating composite materials into aircraft interiors for weight reduction. Boeing announced plans to increase composite usage in cabin components by 50%. The US government supports aerospace innovation through programs like NASA's Advanced Composites Project.
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France: Dassault Aviation and Safran are collaborating to develop lightweight composite materials for aircraft interiors. Dassault aims to reduce cabin weight by 30% using composites. The French government provides funding for aerospace research and development through initiatives like Aerospace Valley.
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Germany: Companies like Recaro Aircraft Seating and Diehl Aviation are investing in advanced composite materials for aerospace interiors. Recaro announced a partnership to develop composite seat structures. The German government supports aerospace innovation through programs like the German Aerospace Center (DLR).
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United Kingdom: Rolls-Royce and GKN Aerospace are exploring composite solutions for aircraft interiors to improve fuel efficiency. Rolls-Royce aims to reduce cabin weight by 20% using composites. The UK government provides funding for aerospace research through initiatives like the Aerospace Technology Institute.
Emerging Trends in the Composites in the Global Aerospace Interior Market
Emerging trends, which has a direct impact on the dynamics of the industry, includes introduction of composites for aircraft window frames and introduction of thermoplastic composite application in aircraft interior. Hexcel Corporation, Gurit, Toray, and SGL Group are among the major providers of composites in the global aerospace interior market.
A total of 127 figures / charts and 93 tables are provided in this 158-page report to help in your business decisions. Sample figures with some insights are shown below.
Composites in the Global Aerospace Interior Market by Segments
In this market, commercial aircraft is the largest application segment, whereas interior panel is the largest by type segment. The study includes a forecast for composites in the global aerospace interior market by application, type, application, manufacturing process, fibre type, resin type and region as follows:
Composites in the Global Aerospace Interior Market by Application [Value ($M) and Volume (M lbs) from 2017 to 2028]:
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Commercial Aircraft
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General Aviation
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Regional Aircraft
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Helicopter
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Military Aircraft
Composites in the Global Aerospace Interior Market by Type [Value ($M) and Volume (M lbs) from 2017 to 2028]:
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Interior Panels
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Seating
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Galley
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Stowage Bin
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Lavatory
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Others
Composites in the Global Aerospace Interior Market by Manufacturing Process [Value ($M) and Volume (M lbs) from 2017 to 2028]:
Composites in the Global Aerospace Interior Market by Fiber Type [Value ($M) and Volume (M lbs) from 2017 to 2028]:
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Glass Fiber
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Carbon Fiber
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Others
Composites in the Global Aerospace Interior Market by Resin Type [Value ($M) and Volume (M lbs) from 2017 to 2028]:
Composites in the Global Aerospace Interior Market by Region [Value ($M) from 2017 to 2028]:
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North America
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Europe
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Asia Pacific
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The Rest of the World
List of Composites in the Global Aerospace Interior Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies aerospace composites in the global aerospace interior companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the aerospace composites in the global aerospace interior companies profiled in this report includes.
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Hexcel Corporation
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BASF
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Solvay
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Gurit
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SGL Group
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Toray Industries
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Teijin Limited
Composites in the Global Aerospace Interior Market Insights
Features of the Composites in the Global Aerospace Interior Market
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Market Size Estimates: Composites in the global aerospace interior market size estimation in terms of value ($M) and volume (million units) shipment.
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Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
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Segmentation Analysis: Global composites in the aerospace interior market size by various segments, such as aircraft type, application, market type, manufacturing process, fiber type, and resin type in terms of value and volume.
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Regional Analysis: Composites in the global aerospace interior market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
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Growth Opportunities: Analysis of growth opportunities in different aircraft type, application, market type, manufacturing process, fiber type, and resin type and regions for composites in the global aerospace interior market.
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Strategic Analysis: This includes M&A, new product development, and competitive landscape of the composites in the global aerospace interior market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the aerospace composites in the global aerospace interior market size?
Answer: The global aerospace composites in the global aerospace interior market is expected to reach an estimated $643.9 million by 2028.
Q2. What is the growth forecast for composites in the global aerospace interior market?
Answer: The aerospace composites in the global aerospace interior market is expected to grow at a CAGR of 6.5% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the aerospace composites in the global aerospace interior market?
Answer: The major drivers for this market are increasing deliveries of aircraft and the demand for lightweight materials
Q4. What are the major type or end use industries for aerospace composites in the global aerospace interior?
Answer: Commercial aircraft is the major segment by aircraft type for aerospace composites in the global aerospace interior.
Q5. What are the emerging trends in aerospace composites in the global aerospace interior market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include introduction of composites for aircraft window frames and introduction of thermoplastic composite application in aircraft interior
Q6. Who are the key composites companies in the global aerospace interior market?
Answer: Some of the key aerospace composites companies in the global aerospace interior market are as follows:
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Hexcel Corporation
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BASF
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Solvay
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Gurit
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SGL Group
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Toray Industries
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Teijin Limited
Q7. Which aerospace composites in the global aerospace interior, which application segment will be the largest in future?
Answer: Lucintel forecasts that interior panels will remain the largest application
Q8. In aerospace composites in the global aerospace interior market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to remain the largest region due to largest number of aircraft OEMs in this region.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions
Q.1 What are some of the most promising, high-growth opportunities for composites in the global aerospace interior market by aircraft type (commercial aircraft, regional aircraft, general aviation, helicopter, and military aircraft), by application (interior panels, seating, galley, stowage bin, lavatory and others), by fit type (linefit, and retrofit), by manufacturing process (prepreg layup, RTM and Others), By fibre type (glass fibre, carbon fibre and others), By resin type (phenolics, epoxy and others) and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which 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 and challenges in this market?
Q.5 What are the business risks and threats of this market?
Q.6 What are emerging trends in this market and 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 composites in the global aerospace interior market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this composite in the global aerospace interior market area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activity has occurred in the last 5 years?
For any questions related to composites in the global aerospace interior market or related to composites in the global aerospace interior companies, composites in the global aerospace interior market size, composites in the global aerospace interior market share, composites in the global aerospace interior market growth, composites in the global aerospace interior market research, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.