Growth opportunities for composites in global aerospace market
The future of the global aerospace composite materials market looks attractive with opportunities in commercial aircraft, regional aircraft, general aviation, helicopter, military aircraft, and others, according to a new report from Research and Markets.
The global aerospace composite materials market is expected to reach an estimated $3.9 billion by 2022 and is forecast to grow at a CAGR of 5.3% from 2017 to 2022. The global aerospace composites end product market is expected to reach an estimated $17.6 billion by 2022.
According to the report, emerging trends which have a direct impact on the dynamics of composites in the global aerospace market industry include the use of nano-composites and recycling of advanced composites.