Aerospace and Defense Composites
Aerospace and Defense Composites Market Size and Growth
The Aerospace and Defense Composites market is experiencing robust growth, driven by increased demand for lightweight materials and advanced manufacturing technologies. The market size is projected to reach approximately $35 billion by 2030, reflecting a CAGR of around 7% over the next few years, influenced by rising aerospace production and defense spending.
Companies Covered
(Covid 19 Impact Covered)
◍ Solvay Group
◍ Toray Industries
◍ Mitsubishi Chemical Corp
◍ Owens Corning
◍ Teijin Composite
◍ Hexcel Corp
◍ GKN Aerospace
◍ Zodiac Aerospace
◍ Gurit Holdings
◍ Quantum Composites
◍ Advanced Ceramic Coating
◍ COTESA Gmbh
◍ Euro Composites
◍ Spirit Aerospace
◍ Airbus
◍ Boeing
◍ GE Aviation
◍ SAFRAN
The Aerospace and Defense Composites Market features key players like Solvay Group, Toray Industries, and Boeing. These companies leverage advanced composites to enhance performance, reduce weight, and improve fuel efficiency, driving market growth. For instance, Boeing reported $56 billion in revenue, showcasing the industry's economic impact and innovation potential.
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Market Segmentation
By Application
Aerospace
Defense
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By Product
Metal Matrix Composite
Ceramic Matrix Composite
Fiber Reinforced Polymer (Glass and Carbon)
Others
Market Growth
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$ X Billion USD
