Market Overview:
The global aerospace & defense carbon fiber composite market is estimated to be valued at US$ XX million in 2018 and is projected to reach US$ XX million by 2030, registering a CAGR of X.X% during the forecast period. The growth of the market can be attributed to the increasing demand for lightweight and durable materials in commercial aviation and military aerospace applications. Based on type, the global aerospace & defense carbon fiber composite market has been segmented into thermoplastic type and thermosetting type. The thermoplastic type segment is expected to account for a larger share of the market during the forecast period, owing to its high strength-to-weight ratio and thermal stability. Based on application, the commercial aviation segment is expected to account for a larger share of the global aerospace & defense carbon fiber composite market duringthe forecast period. This can be attributedtothe increasing demand from airlines for fuel-efficient aircraft with low emissions levels.
Product Definition:
Aerospace & Defense Carbon Fiber Composite is a carbon fiber reinforced plastic composite material used in aerospace and defense applications. It has high strength and stiffness, low weight, and good resistance to fatigue and corrosion.
Thermosetting Type:
Thermosetting type is a composite material that contains resin and fibers, which are cross-linked by heat. The process of thermosetting involves the formation of an internal structure that cannot be changed after the initial curing process. These composites are used in various end-use industries including aerospace & defense, automotive, electrical & electronics and industrial manufacturing among others.
Thermoplastic Type:
Thermoplastic carbon fiber composite is a combination of two materials, thermoplastic matrix and carbon fibers. Thermoplastic matrix can be made from thermoset or thermoplastics material such as polyester resin or nylon. The most commonly used resins for the manufacturing of TPCFC are PEEK (polyether ether ketone), EPDM (ethylene propylene diene monomer), and SBR (styrene butadiene rubber).
Application Insights:
Commercial aviation was the largest application segment in 2017 and is projected to maintain its lead over the forecast period. The commercial aircraft industry has been growing significantly due to factors such as increasing disposable income, consumer demand for air travel options, and government initiatives promoting tourism. This trend is expected to continue over the forecast period with more investments being made by major players in this industry including Airbus SE, Embraer S.A., Bombardier Inc., and others.
The military aerospace application segment accounted for a share of 15% in terms of revenue in 2017 owing to extensive use of carbon fiber composites on fighter planes, bombers, transport aircrafts among other military types which are used across various regions including Asia Pacific & Middle East Africa.
Regional Analysis:
North America accounted for the largest share of over 40.0% in 2017, owing to the presence of key aircraft and defense manufacturers in the region. The U.S., being a leading military spender, has witnessed significant demand from armed forces around the world, which is expected to propel regional growth over the forecast period.
Asia Pacific is projected to be one of fastest-growing regions during 2018 - 2030 due to increasing government spending on aerospace & defense sector and rising passenger traffic at airports across emerging economies such as India and China. In addition, growing tensions with neighboring countries such as North Korea have led governments across Asia Pacific region including India and China increase their military expenditure significantly; this factor is anticipated drive market growth over next eight years or so until 2030 AD when it will reach maturity level followed by decline phase due to lack of new orders or projects.
Growth Factors:
- Increasing demand for lightweight and fuel-efficient aircrafts is expected to drive the growth of the aerospace & defense carbon fiber composite market.
- The increasing use of carbon fiber composites in military aircrafts is also projected to boost the demand for these composites over the next few years.
- Rising investments by key players in research and development activities is likely to propel the growth of this market in the near future.
- Growing awareness about the benefits of using carbon fiber composites is anticipated to create new opportunities for this market in forthcoming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aerospace & Defense Carbon Fiber Composite Market Research Report
By Type
Thermosetting Type, Thermoplastic Type
By Application
Commercial Aviation, Military Aerospace
By Companies
Hexcel, Solvay, Royal TenCate, Teijin, Mitsubishi Rayon, Toray
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Aerospace & Defense Carbon Fiber Composite Market Report Segments:
The global Aerospace & Defense Carbon Fiber Composite market is segmented on the basis of:
Types
Thermosetting Type, Thermoplastic Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Aviation, Military Aerospace
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hexcel
- Solvay
- Royal TenCate
- Teijin
- Mitsubishi Rayon
- Toray
Highlights of The Aerospace & Defense Carbon Fiber Composite Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Thermosetting Type
- Thermoplastic Type
- By Application:
- Commercial Aviation
- Military Aerospace
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aerospace & Defense Carbon Fiber Composite Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aerospace & Defense Carbon Fiber Composite is a composite material made of carbon fiber and other materials. It is used in aircraft, missiles, and other aerospace products.
Some of the major players in the aerospace & defense carbon fiber composite market are Hexcel, Solvay, Royal TenCate, Teijin, Mitsubishi Rayon, Toray.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aerospace & Defense Carbon Fiber Composite Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aerospace & Defense Carbon Fiber Composite Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aerospace & Defense Carbon Fiber Composite Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aerospace & Defense Carbon Fiber Composite Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aerospace & Defense Carbon Fiber Composite Market Size & Forecast, 2020-2028
4.5.1 Aerospace & Defense Carbon Fiber Composite Market Size and Y-o-Y Growth
4.5.2 Aerospace & Defense Carbon Fiber Composite Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Thermosetting Type
5.2.2 Thermoplastic Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial Aviation
6.2.2 Military Aerospace
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aerospace & Defense Carbon Fiber Composite Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aerospace & Defense Carbon Fiber Composite Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Thermosetting Type
9.6.2 Thermoplastic Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial Aviation
9.10.2 Military Aerospace
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Thermosetting Type
10.6.2 Thermoplastic Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial Aviation
10.10.2 Military Aerospace
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Thermosetting Type
11.6.2 Thermoplastic Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial Aviation
11.10.2 Military Aerospace
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Thermosetting Type
12.6.2 Thermoplastic Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial Aviation
12.10.2 Military Aerospace
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Thermosetting Type
13.6.2 Thermoplastic Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial Aviation
13.10.2 Military Aerospace
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aerospace & Defense Carbon Fiber Composite Market: Competitive Dashboard
14.2 Global Aerospace & Defense Carbon Fiber Composite Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hexcel
14.3.2 Solvay
14.3.3 Royal TenCate
14.3.4 Teijin
14.3.5 Mitsubishi Rayon
14.3.6 Toray
