Global aerospace composites market to be worth $9.59Bn in 2013

Analysis indicates that the global aerospace composites market will reach a value of $9.59bn in 2013 largely driven by growing demand for lighter and more fuel efficient aircraft.

The global aerospace composites market is forecast to record moderate growth rates over the next decade. The global expansion of air travel will ensure an increase in production rates for new aircraft and increasing demand placed on composite parts manufacturers over the next ten years. But further improvements will need to be made in the production process of high-value composite materials for the market to grow to its full potential.

The author of Global Aerospace Composites Market report 2013-2023 commented that ‘the outlook for this market is positive given the service entry of new aircraft with substantial percentages of composite materials. As fuel costs spiral, the demand for lightweight composites is being driven primarily by this increasing emphasis upon fuel efficiency’.

Related Research on

Global Aerospace Composites Market 2013-2023

The 155 page report contains 142 tables, charts and graphs that add visual analysis in order to explain developing trends within the global aerospace composites market. We provide forecasts for the period 2013-2023 in terms of value (US$) for the global aerospace composites market, as well as for 3 submarkets (carbon fibre, glass fibre, aramid fibre) and 4 segments (commercial, military, business jets, helicopters) of the global aerospace composites market.  In addition, 10 leading national markets are forecast and analysed over the period 2013-2023. Expert opinion is provided in the form of an exclusive full interview transcript with leading market specialist Gurit. The report also provides profiles of 20 leading companies operating within the aerospace composites market.

The Global Aerospace Composites Market 2013-2023 report will be of value to current and future potential investors as well as companies and research centres who wish to broaden their knowledge of the global aerospace composites market.

Read more on ASDReports

Source: ASDReports - Market Research
Date: Jul 11, 2013