According to a new market report published by Lucintel, 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. Composite in the global aerospace interior 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 grow with a CAGR of 3% to 5% from 2020 to 2025. The major growth drivers for this market are increasing deliveries of aircraft and the demand for lightweight materials.
Browse 93 market data tables and 117 figures spread through 199 pages and in-depth TOC on “Composites in the Global Aerospace Interior Market"
To download report brochure, please go to https://www.lucintel.com/aircraft-composites-interior-market.aspx and click "report brochure" tab from the menu .
In this market, different types of composites in aerospace interior such as interior panels, seating, galley, stowage bin, lavatory and others are used as application. On the basis of its comprehensive research, 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.
By fiber type, glass fiber composite is expected to remain the largest segment over the forecast period. Carbon fiber composites is expected to witness the highest growth due to an increase in new aircraft applications, such as window frames and seat components and increasing penetration of carbon fiber composites in aircraft interior components.
North America is expected to remain the largest region and witness the highest growth over the forecast period due to a significant increase in aircraft deliveries and increasing demand for lightweight materials.
Emerging trends, which has a direct impact on the dynamics of composites in the global aerospace interior industry, includes introduction of composites for aircraft window frames and development of thermoplastic composite application in aircraft interiors. Hexcel, Gurit, Toray, Teijin, and SGL are among the major providers of composites in the global aerospace interior market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the composites in the global aerospace interior market by aircraft type, application, market type, manufacturing process, fiber type, resin type, and region and has come up with a comprehensive research report entitled “Growth Opportunities in the Composites in the Global Aerospace Interior Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the composites in the global aerospace interior market by aircraft type, application, market type, manufacturing process, fiber type, resin type, and region as follows:
By Aircraft Type [Value ($M) and Volume (M lbs) from 2014 to 2025]:
Commercial Aircraft
Regional Aircraft
General Aviation
Helicopter
Military Aircraft
By Application Type [Value ($M) and Volume (M lbs) from 2014 to 2025]:
Interior Panels
Seating
Galley
Stowage Bin
Lavatory
Others
By Market Type [Value ($M) and Volume (M lbs) from 2014 to 2025]:
By Manufacturing Process [Value ($M) and Volume (M lbs) from 2014 to 2025]:
By Fiber Type [Value ($M) and Volume (M lbs) from 2014 to 2025]:
Glass Fiber
Carbon Fiber
Others
By Resin Type [Value ($M) and Volume (M lbs) from 2014 to 2025]:
By Region [Value ($M) from 2014 to 2025]:
North America
Europe
Asia Pacific
The Rest of the World
This 199-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/aircraft-composites-interior-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.