Dallas - September 14, 2009 - Despite the global economic downturn, significant opportunities continue to exist for composites in the global aerospace market. According to a new market study conducted by Lucintel, aircraft production is expected to decline in 2009. However, composites demand is expected to grow during next 10 years due to the need for high fuel efficient, durable, and low maintenance aircraft. The report claims that the total demand for composites in commercial aerospace, regional jets, defense, general aviation, helicopter and other segments of aerospace market is expected to be worth $35.8 billion during 2009 -2018.

Lucintel, a leading global management consulting and market research firm with over 700 clients worldwide has analyzed the global aerospace composites market to develop a comprehensive research report entitled "Opportunities for Composites in the Global Aerospace Market, 2009-2028".

In the aerospace market, commercial aerospace market will drive the growth of composites demand due to new programs such as Boeing 787, Airbus 380 and Airbus 350, which has significant usage of composites. In the defense and general aviation market as well there is increase in penetration of composite materials but still the demand for composites is less in these markets as compared to commercial aerospace market.

This study also reveals that while composite materials currently represent a relatively small segment of the aerospace industry, enormous potential exists for composite materials to become a more integral component within the industry in the future. Although aluminum is currently the predominant material used in the overall aerospace industry, aerospace companies are showing increased interest in composite materials because of a desire for more fuel-efficient and corrosive-resistant aircraft.

This research report contains the global aerospace market overview, materials and manufacturing processes, competitive analysis, trends and forecast for composites by market segments, drivers and challenges for composites and many other insights, which can help you make confident business decisions in this globally competitive marketplace.

For a detailed table of contents and pricing information on this timely and insightful report, please contact helpdesk at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting edge decision support services that help you make critical decisions with greater speed, insight and cost-efficiency. To find out more, visit www.lucintel.com