Global Aerospace Composites Market by Types (Glass Fiber, Carbon Fiber and Aramid Fiber), by Applications (Commercial and Military) and by Geography
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Market Synopsis of Aerospace Composites Market
The Global Aerospace Composites market is expected to grow at a CAGR of around 8% during 2016-2021. This growth is driven due to significant demand for aircraft weight reduction and fuel efficiency and high corrosion resistance.
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· The APAC is predictable to lead the aerospace composite market in 2021 with a market share of 43%
· The carbon fiber segment is predictable to lead the aerospace composite market in 2021 with a share of around 50%, followed by glass fiber and aramid fiber.
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The leading market players in the global Aerospace Composites market primarily include
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