Global Composites Market in the Commercial Aircraft Engines Industry is Likely to Grow at 6.2% CAGR During 2016 to 2021

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DETROIT, MI, USA, October 18, 2016 / -- Stratview Research announces the launch of a new market research report on Global Composites Market in the Commercial Aircraft Engines Industry by Aircraft Type (Narrow Body, Wide Body, and Very Large Aircraft), by Engine OEM (CFM, GE Aviation, Pratt & Whitney, Rolls Royce, IAE, Engine Alliance, and Others), by Material Type (Glass Composites, Carbon Composites, and Aramid Composites), by Manufacturing Process (Prepreg Layup, RTM, and Others), By Region (North America, Europe, Asia-Pacific, and Rest of the World): 2016 – 2021.
This market report from Stratview Research studies the global composites market in the commercial aircraft engines industry over the period 2010 to 2021. The research report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The Global Composites Market in the Commercial Aircraft Engines Industry: Highlights

Stratview Research foresees a healthy growth opportunity of 6.2% (CAGR) in the composite materials market in the global commercial aircraft engines over the next five years (2016 – 2021), which offers an opportunity to the aerospace industry players to align themselves with the market growth.
There are a number of factors bolstering the growth of composite materials in commercial aircraft engine industry. The author of the industry report cited robust growth in commercial aircraft deliveries and increasing composites penetration in the aircraft engine and nacelles, mainly in fan blade, fan case, thrust reverser, and cowl as the key growth drivers of the composite materials in the global commercial aircraft engine market.
Aerospace engine OEMs are moving in tandem with the aircraft OEMs and are continuously looking for advanced materials for making engines lighter, durable, and have high fatigue performance.
Narrow body aircraft is expected to remain the growth driver of the composite materials in the commercial aircraft engine market during the forecast period. Carbon composites are likely to experience the fastest growth in the next five years.
North America is expected to remain the largest market for composite materials in commercial aircraft engine market, being the manufacturing base of major aircraft engine OEMs and commercial aircraft OEMs.
The key composite part manufactures in commercial aerospace engine market are Albany Engineered Composites, FACC AG, Aircelle, and GKN Aerospace.
New product development, regional expansion, and long term contacts are the key strategies adopted by key players to gain competitive edge in the market.

Report Features

This industry research report from Stratview Research provides market intelligence in the most comprehensive manner. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the research report:

•Market structure: Overview, industry life cycle analysis, supply chain analysis.
•Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
•Market trend and forecast analysis.
•Market segment trend and forecast.
•Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
•Attractive market segments and associated growth opportunities.
•Emerging trends.
•Strategic growth opportunities for the existing and new players.
•Key success factors.

Stratview Research has a number of high value market reports in the global aerospace & defense industry. Please refer to the following link to browse through our reports:
Other Reports from Stratview Research in the Aerospace & Defense Industry

About Stratview Research

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Ritesh Gandecha
Stratview Research
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