DUBLIN--(BUSINESS WIRE)--Sep 12, 2018--The "Global Defence Aircraft Materials Market - Global Market Shares, Forecasts and Trends (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

High Growth of Composite Materials Section

The global aircrafts composites market is expected to register a CAGR close to 7% during the forecast period.

Demand for fuel efficient and long haul aircrafts, are the major driving factors for the carbon fiber composite industry.

Reduced maintenance and longer design life, fewer parts, and reduced tooling and assembly costs are some of the reasons, which drive the market for carbon fiber in the aerospace industry.

Initially, composite materials were used only in secondary structure, but as knowledge and development of the materials has improved, their use in primary structure, such as wings and fuselages has increased. Thus, there is increasing penetration of carbon fiber in commercial aircraft (B787 and A380), wind turbine blades, and other aerospace applications.

However, the strict performance requirements of composites in aerospace applications lead to certification barriers and tighter manufacturing tolerances than those associated with other composites applications. This in turn leads to higher prices for aerospace parts. The other restraints identified in the market include difficulty in test detection, need for specialized repair techniques.

Developments in the Market

Toho Tenax launched high-tensile, highly shock-resistant hybrid prepreg combining carbon fiber and CNT technology. Toray planned to expand production facilities for Ultrasuede. ADEKA Corporation and GH Craft developed world's first fiber-to-composite direct molding process.

Key Topics Covered

1. Introduction

2. Research Methodology

3. Market Insights

4. Market Dynamics

5. Global Military Aircraft Materials Market, By Aircraft Type

6. Global Military Aircraft Materials Market, By Material Type

7. Global Military Aircraft Materials Market, By Region

8. Competitive Landscape

9. Company Profiles

Toray Composites America Inc. AMG Advanced Metallurgical Group N.V. Constellium N.V. ATI ICF International Henkel Sabic Innovative Plastic Aleris International Inc. Alcoa Inc. Cytec Industries Inc. RTI International

For more information about this report visit https://www.researchandmarkets.com/research/3gs8pb/defence_aircraft?w=4

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Related Topics:Military Aircraft

KEYWORD:

INDUSTRY KEYWORD: TRANSPORT AIR MANUFACTURING AEROSPACE DEFENSE OTHER DEFENSE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 09/12/2018 10:27 AM/DISC: 09/12/2018 10:27 AM

http://www.businesswire.com/news/home/20180912005697/en