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Report explores the carbon fiber composites market forecast to 2022

The increasing demand for lightweight composite materials in aircraft manufacturing is the chief driver of the global aerospace composites market.

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The demand for better fuel-efficiency and curbing the chances of increased carbon emission in future will compel aircraft manufacturers to look for advanced composite materials.

Spurred by these factors, the global aerospace composites market is forecast to exhibit robust growth in the coming years. In the military sector, the use of composite materials will rise to cater to the need for increasing mission duration and loiter time for aircrafts.

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Despite forecasts for its positive run, the aerospace market is reeling under the challenge of high cost of manufacturing. Expenditure incurred during fabrication and designing of composites is considerably high.

In addition, the cost of carbon fiber composites, widely used in the aerospace industry, is less likely to reduce any time in the near future. Besides this, existing challenge of transferring skills will continue haunting the market players also in the forthcoming years.

Carbon fiber composite market experienced steady growth in the last years. Driven by technological innovations and new applications, the market is expected to show modest growth worldwide in the next years.

Despite of various challenges like increasing raw material costs, there is strong confidence that the medium- and long-term trend of the market will not change and remain upward. New business opportunities will emerge in major and novel applications.

Technological advances in composite materials in turn massively boost their applications in downstream markets.

In terms of geography, the global aerospace composites market has been segmented into North America, Asia Pacific, Europe, Latin America and Middle East & Africa. In terms of demand, North America accounted for the leading market share in 2015.

The regional market was followed by its counterparts in Europe, Asia-Pacific, Latin America and Middle East & Africa. Fleet expansion activities, increased competition among global aircraft leaders such as Boeing, expansion of low cost carriers and clause relaxation are the key drivers of the market in the North America region.

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In Europe, the aerospace composites market is riding on the competition from high speed trains, increased domestic aviation and other modes of travelling. Asia Pacific is an attractive region for the aerospace composites market as it showed a considerable rise in air passenger traffic and emergence of global aircraft leaders into the region.

In Latin America, the market is expected to witness a robust growth owing to the increased number of low cost carriers and rising demand from emerging economies like Brazil. The presence of one of the prominent aircraft competitors Embraer will also aid the market’s expansion in the region.

The Middle East & Africa is also anticipated to have a growth potential owing to the presence of aircraft competitors and the growing number of maintenance, repair, and operational activities in the region

Table of Contents

Part I Carbon Fiber Composites Industry Overview

Chapter One Carbon Fiber Composites Industry Overview
1.1 Carbon Fiber Composites Definition
1.2 Carbon Fiber Composites Classification Analysis
1.2.1 Carbon Fiber Composites Main Classification Analysis
1.2.2 Carbon Fiber Composites Main Classification Share Analysis
1.3 Carbon Fiber Composites Application Analysis
1.3.1 Carbon Fiber Composites Main Application Analysis
1.3.2 Carbon Fiber Composites Main Application Share Analysis
1.4 Carbon Fiber Composites Industry Chain Structure Analysis
1.5 Carbon Fiber Composites Industry Development Overview
1.5.1 Carbon Fiber Composites Product History Development Overview
1.5.1 Carbon Fiber Composites Product Market Development Overview
1.6 Carbon Fiber Composites Global Market Comparison Analysis
1.6.1 Carbon Fiber Composites Global Import Market Analysis
1.6.2 Carbon Fiber Composites Global Export Market Analysis
1.6.3 Carbon Fiber Composites Global Main Region Market Analysis
1.6.4 Carbon Fiber Composites Global Market Comparison Analysis
1.6.5 Carbon Fiber Composites Global Market Development Trend Analysis

Chapter Two Carbon Fiber Composites Up and Down Stream Industry Analysis
2.1 Upstream Raw Materials Analysis
2.1.1 Upstream Raw Materials Price Analysis
2.1.2 Upstream Raw Materials Market Analysis
2.1.3 Upstream Raw Materials Market Trend
2.2 Down Stream Market Analysis
2.1.1 Down Stream Market Analysis
2.2.2 Down Stream Demand Analysis
2.2.3 Down Stream Market Trend Analysis

 

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