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Aerospace Composite Market worth $4,993.1 Million by 2019

This report estimates the aerospace composites market for 2014, and projects its expected demand till 2019. It also provides a detailed qualitative and quantitative analysis of the market.

RohitBhagare
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Aerospace Composite Market worth $4,993.1 Million by 2019

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  1. MarketsandMarkets Presents Aerospace Composite Market By 2019 http://www.marketsandmarkets.com/Market-Reports/aerospace-composites-market-246663558.html

  2. A composite is a material that is formed by combining two or more distinct materials to achieve some superior properties, out of which one is binding material (known as matrix) and the other is reinforcement material (which is generally a fiber). The matrix can be metallic, ceramic, or polymeric. The fiber can be carbon, glass, or natural. A resin is required to hold the fiber and bind material together. These resins can be epoxies, vinyl esters, polyurethanes, phenolic, and unsaturated polyesters. In case of fiber composites, reinforcement determines properties while matrix holds the reinforcement in place to yield composites known fiber composites. • The global demand for aerospace composites market is projected to reach $4,993.1 million by 2019. Growth will be driven due to continuing robust progress in the Asia-Pacific region and strong consolidation in the U.S. and European markets. The European region remains the largest market followed by North America. The Asia-Pacific market is slated to be the key growth area due to combination of swift growth in composite processing and the need to produce at higher profitability. This is also aided by the growing market demand in the region. http://www.marketsandmarkets.com/Market-Reports/aerospace-composites-market-246663558.html

  3. http://www.marketsandmarkets.com/Market-Reports/aerospace-composites-market-246663558.htmlhttp://www.marketsandmarkets.com/Market-Reports/aerospace-composites-market-246663558.html “Asia-Pacific is the key market for aerospace composites” Europe, North America, and Asia-Pacific dominated the aerospace composite market in 2013 and accounted for over 85% of the market, by volume and value. Country-wise, the U.S. is the top consumer of aerospace composite products globally. Companies, such as Hexcel Corporation and Cytec Industries are two of the biggest players in the country. France is the second-largest aerospace composite consumer in the world. The need for lightweight and fuel-efficient aircrafts has shifted the focus of manufacturers towards aerospace composites. Future growth in the international market hinges heavily onto developing economies, especially in Asia-Pacific. China and India, especially, stand out as noteworthy emerging markets.  http://www.marketsandmarkets.com/Market-Reports/aerospace-composites-market-246663558.html

  4. Glass fiber reinforced composites has emerged as the key market for aerospace composites with around 89.6% of the market share in terms of volume in 2013.The major advantages of glass fiber reinforced composites include lighter weight, high corrosion resistance, short maintenance cycles and increased fuel efficiency. The prime driver for aerospace composite consumption comes from the increasing demand in developing countries coupled with growing manufacturer’s preference for advanced composites in aircrafts. This report estimates the aerospace composites market for 2014, and projects its expected demand till 2019. It also provides a detailed qualitative and quantitative analysis of the market. We have used various secondary sources, such as encyclopedias, directories, and databases to identify and collect information useful for this extensive commercial study. The primary sources experts from related industries and suppliers have been interviewed to obtain and verify critical information as well as to assess the future prospects of the market. http://www.marketsandmarkets.com/Market-Reports/aerospace-composites-market-246663558.html

  5. Contact Us Mr. RohanMarkets and Markets UNIT no 802, Tower no. 7, SEZMagarpatta city, HadapsarPune, Maharashtra 411013, India1-888-600-6441Email: sales@marketsandmarkets.com MarketsandMarkets Blog http://www.linkedin.com/company/marketsandmarkets http://twitter.com/marketsmarkets http://www.marketsandmarkets.com/Market-Reports/aerospace-composites-market-246663558.html

  6. About MarketsandMarkets MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. http://www.marketsandmarkets.com/Market-Reports/aerospace-composites-market-246663558.html

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