Summary
Trends, opportunities and forecast for composites in the aerospace interior market to 2025 by aircraft type (commercial aircraft, regional aircraft, general aviation, helicopter, and military aircraft), by application (interior panels, seating, galley, stowage bin, lavatory and others), by market type (OEM, and aftermarket), by manufacturing process (prepreg layup, RTM and Others), By fiber type (glass fiber, carbon fiber and others), By resin type (phenolic, epoxy and others)
The future of composites in the aerospace interior market looks promising with opportunities in the commercial aircraft, regional aircraft, general aviation, helicopter, and military aircraft. Composite in the aerospace interior market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected grow with a CAGR of 3% to 5% from 2020 to 2025. The major growth drivers for this market are increasing deliveries of aircraft and the demand for lightweight materials.
Emerging trends, which has a direct impact on the dynamics of composites in the aerospace interior industry, includes introduction of composites for aircraft window frames and development of thermoplastic composite application in aircraft interiors.
Composites in aerospace interior opportunities have evolved through number of stages as presented in figure below:
Evolution of Composites in Aerospace Interior Opportunities
In this market, interior panels is the largest market by application, whereas commercial aircraft is largest by aircraft type. Growth in various segments of the composites in the aerospace interior market are given below:
Composites in Aerospace Interior Market by Segments
The study includes the market size for composites in the aerospace interior market and forecast for composites in the aerospace interior market through 2025, segmented by aircraft type, application, market type, manufacturing process, fiber type, resin type and region as follows:
Composites in the Aerospace Interior Market by Aircraft Type [Value ($M) and Volume (M lbs) from 2014 to 2025]:
• Commercial Aircraft
• Regional Aircraft
• General Aviation
• Helicopter
• Military Aircraft
Composites in the Aerospace Interior Market by Application Type [Value ($M) and Volume (M lbs) from 2014 to 2025]:
• Interior Panels
• Seating
• Galley
• Stowage Bin
• Lavatory
• Others
Composites in the Aerospace Interior Market by Market Type [Value ($M) and Volume (M lbs) from 2014 to 2025]:
• OEM
• Aftermarket
Composites in the Aerospace Interior Market by Manufacturing Process [Value ($M) and Volume (M lbs) from 2014 to 2025]:
• Prepreg Layup
• RTM
• Others
Composites in the Aerospace Interior Market by Fiber Type [Value ($M) and Volume (M lbs) from 2014 to 2025]:
• Glass Fiber
• Carbon Fiber
• Others
Composites in the Aerospace Interior Market by Resin Type [Value ($M) and Volume (M lbs) from 2014 to 2025]:
• Phenolic
• Epoxy
• Others
Composites in the Aerospace Interior Market by Region [Value ($M) from 2014 to 2025]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
Some of the composites companies in the aerospace interior market include Hexcel, Gurit, Toray, Teijin, and SGL are among the major providers of composites in the aerospace interior market.
On the basis of its comprehensive research, The analyst forecasts that the interior panels will remain the largest application over the forecast period. The major parts fabricated from composites include floor panels, ceiling panels, sidewalls and partition walls. Increased focus on weight reduction and fuel efficiency by aircraft manufacturers has augmented the use of composites in aircraft interior.
By fiber type, glass fiber composite is expected to remain the largest segment over the forecast period. Carbon fiber composites is expected to witness the highest growth due to an increase in new aircraft applications, such as window frames and seat components and increasing penetration of carbon fiber composites in aircraft interior components.
North America is expected to remain the largest region and witness the highest growth over the forecast period due to a significant increase in aircraft deliveries and increasing demand for lightweight materials.
Some of the features of this report:
• Market size estimates: Composites in the aerospace interior market size estimation in terms of value ($M) and volume (M Lbs.) shipment.
• Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by application, and end use industry.
• Segmentation analysis: Composites in the aerospace interior market size by various applications such as aircraft, application, market type, manufacturing process, fiber, and resin in terms of value and volume shipment.
• Regional analysis: Composites in the aerospace interior market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth opportunities: Analysis on growth opportunities in different applications and regions of composites in the aerospace interior market.
• Strategic analysis: This includes M&A, new product development, and competitive landscape of composites in the aerospace interior market.
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers the following 11 key questions:
Q.1 What are some of the most promising, high-growth opportunities for composites in the aerospace interior market by aircraft type (commercial aircraft, regional aircraft, general aviation, helicopter, and military aircraft), by application (interior panels, seating, galley, stowage bin, lavatory and others), by market type (OEM, and aftermarket), by manufacturing process (prepreg layup, RTM and Others), By fiber type (glass fiber, carbon fiber and others), By resin type (phenolic, epoxy and others) and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges for composites in the aerospace interior market?
Q.5 What are the business risks and threats for composites in the aerospace interior market?
Q.6 What are emerging trends for composites in the aerospace interior market and reasons behind them?
Q.7 What are some of the changing demands of customers for composites in the aerospace interior market?
Q.8 Who are the major players for composites in the aerospace interior market? What strategic initiatives are being implemented by key players for business growth?
Q.9 What M&A activity has occurred in the last 5 years for composites in the aerospace interior market?
Report Scope
Key Features Description
Base Year for Estimation 2019
Trend Period
(Actual Estimates) 2014-2019
Forecast Period 2020-2025
Pages 199
Market Representation / Units Revenue in US $ Billion and Volume in M Ibs
Report Coverage Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger Acquisitions & Joint Venture, and Company Profiling
Market Segments By aircraft type (commercial aircraft, regional aircraft, general aviation, helicopter, and military aircraft), By application (interior panels, seating, galley, stowage bin, lavatory and others), By market type (OEM, and aftermarket), by manufacturing process (prepreg layup, RTM and Others), By fiber type (glass fiber, carbon fiber and others), By resin type (phenolic, epoxy and others)
Regional Scope North America, Europe, Asia Pacific, and RoW
Customization 10% Customization Without any Additional Cost
