Stratview Research releases a new report on the Aerospace & Defense Thermoplastic Composites Market that shows lucrative growth opportunities in the global industry during the next five-year period. This report ensures reliable information related to the present and future market trends. The following summary will give an overview of the challenges, dynamics, and more details mentioned in the report.

Aerospace & Defense Thermoplastic Composites Market Insights:

The A&D thermoplastic composites market is highly dependent on the organic growth of aircraft industries. In 2020, the market witnessed a severe decline in the wake of the pandemic. The market is expected to witness a further decline in 2021, and then bounce back in 2022, followed by a sequential growth till 2026 and reaching an estimated US$ 465.4 million in 2026. The aerospace industry is among the worst-hit industries by the pandemic; however, its strong fundamentals, such as huge order backlogs, to rejuvenate the industry’s growth avenues in the coming years.

The Aerospace & Defense Thermoplastic Composites Market size depends upon several factors that have direct or indirect influence on the demand and supply chain. The report published by Stratview Research throws light on the vital extracts of many such factors derived using different types of analysis like supply chain analysis, etc. These methods help in analysing the core strength of the companies, identifying their growth strategies, recognising their gaps as well as opportunities to lay out an effective roadmap which leads to higher profitability.

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Key Players

The report also highlights the topmost linchpins active in the market. According to the list, here are few key players mentioned in the report –

  • ATC Manufacturing
  • AVANCO Group (XELIS)
  • Cutting Dynamics Inc.
  • Daher
  • Dutch Thermoplastic Components B.V.
  • GKN Aerospace (Melrose Industries PLC)
  • Premium AEROTEC GmbH
  • SEKISUI Aerospace
  • Triumph Group

Market Segmentation:

The report segments based upon geographics, demographics, benefits and volume etc., identifies the most attractive segments and sub-segments and have different driving factors. The segmentation mentioned in the report has been arranged in such a way that it can help users to be more efficient in terms of time, investment, and other resources. It also allows the businesses to learn more about their target audience so that they can tailor their strategies, and campaigns in increasing their market share and revenue.

Based on the process type, the market is segmented as compression molding, injection molding, AFP/ATL, and others. Compression molding is expected to remain the dominant process type in the market during the forecast period. Compression molding offers faster part cycle time, reduced part wastage, and reduced defects which overall lead to lower cost, and by monitoring the temperature during the molding process, quality and process consistency also get improved.

In terms of regions, Europe is expected to remain the largest market over the next five years. Germany, France, the UK are the leading markets in the region.  Airbus is the major consumer of thermoplastic composites. Major tier players have set up manufacturing plants with high proximity to the Airbus’ assembly plants to fulfill their emerging requirements for its next-generation aircraft programs. North America also holds a reasonable share in the A&D thermoplastic composites market. Boeing and Gulfstream Aerospace are the key OEMs, which are creating a healthy demand for thermoplastic composite parts in the region.

Report Customization Options

Stratview Research offers one of the following free customization options to the users along with this detailed report:

Company Profiling

  • Detailed brief of additional market players.
  • SWOT analysis of key players.
  • Competitive Benchmarking

Benchmarking of the market key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.