Global CFC Market for Aerospace Industry Analysis and Forecast, 2017-2023: Industry is Expected to Grow at a CAGR of 5.1% with Profiles of Major Suppliers & Tier 1 and Tier 2 Companies
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DUBLIN, Sept 24, 2018 /PRNewswire/ --
The "Global CFC Market for Aerospace Industry: Focus on Fiber Type, Resin Type, Process, Aircraft Type, Application, and Honeycomb Panels and Other Panels - Analysis and Forecast, 2018-2023" report has been added to ResearchAndMarkets.com's offering.
The global CFC market for the aerospace industry is expected to grow at a CAGR of 5.1% from 2018 to 2023.
Initially, composites were used only in secondary structure, but through technological innovation and development of improved materials, their use in primary structures, such as wings and fuselages, has increased. CFC is widely used in the commercial and military aircraft. The use of composite materials in commercial transport aircraft is attractive, owing to the reduced airframe weight which enables better fuel economy and thereby, lowering the operating costs.
In 1983, the first significant use of composite material in a commercial aircraft was by Airbus in the rudder of the A300 and A310, and then in 1985 in the vertical tail fin. Later, a honeycomb core with CFRP faceplates was used for the elevator of the A310. Thereafter, composite materials were used for the entire tail structure of the A320, which also featured composite fuselage belly skins, fin/fuselage fairings, fixed leading & trailing-edge bottom access panels and deflectors, trailing-edge flaps & flap-track fairings, spoilers, ailerons, wheel doors, main gear leg fairing doors, and nacelles. Currently, composite materials constitute almost 50% of the Boeing 787, with an average weight savings of 20%.
The excellent strength-to-weight ratio of composites is used in helicopters to maximize payloads and their performance. Boeing Vertol used composites for rotorcraft fairings in the 1950s and made the first composite rotor blades in the 1970s. Composites are used in major structural elements of many modern helicopters, including the V22 tilt-rotor aircraft, which is approximately 50 percent composites by weight. The formability of composites has been used in helicopters so as to reduce the numbers of component parts and therefore cost.
Composites are also extensively used in the military aircraft in the recent years. For instance, composites are widely used in the wing skins, forward fuselage, flaperons, and rudder of military aircraft named, Eurofighter. Toughened epoxy skins constitute about 75 percent of the exterior area. In total, about 40 percent of the structural weight of the Eurofighter is carbon-fiber-reinforced composite material.
Regional Analysis
Europe consumed the largest share of CFC by volume, which was 66.8 kilotons in 2017. The use of woven fabrics, non-crimp fabrics, and glass mat in the aerospace applications resulted in the high-volume consumption of CFC in the region. Additionally, the presence of leading aircraft manufacturers in the European CFC market is expected to increase the demand of CFC in the region. Increasing aircraft production rates of the A350XWB and A320 family including neo versions are likely to boost the demand for continuous fiber composites in the region.
Asia-Pacific is expected to be the fastest growing region in the CFC market. This is due to the increasing usage of CFC in aircraft for commercial and military purposes and presence of leading players, such as Toray Industries, Inc., and Mitsubishi Rayon Co. Ltd., in the region. Upcoming commercial and regional aircraft (COMAC C919 and Mitsubishi MRJ), and the opening of assembly plants of Boeing and Airbus in China are the major factors driving the demand for continuous fiber composites in the region.
Key Topics Covered:
Executive Summary
1 Research Methodology and Scope
1.1 Report Scope
1.2 CFC Market Research Methodology
2 Market Dynamics
2.1 Market Drivers
2.2 Market Restraints
2.3 Market Opportunities
3 Industry Analysis
3.1 Market Share Analysis (2017)
3.2 Porter's Fiver Forces Analysis
3.3 Opportunity Matrix (by Region)
3.3 Opportunity Matrix (by Country)
3.4 Composite Share in Aircraft
3.5 Competitive Analysis Metals v/s Composites
3.6 Supply Chain
3.7 Key Strategies and Developments
3.8 Research and Development (R&D) Analysis
4 Global Continuous Fiber Composites for the Aerospace Market (by Fiber Type) (2017-2023), (by Value and by Volume)
4.1 Glass Fiber
4.1.1 Woven Fabrics
4.1.2 Non-Crimp Fabrics
4.1.3 Lightly Crimp Fabrics
4.1.4 Unidirectional Tapes
4.1.5 Non-Woven Mats
4.2 Carbon Fiber
4.2.1 Woven Fabrics
4.2.2 Non-Crimp Fabrics
4.2.3 Unidirectional Tapes
4.2.4 Non-Woven Mats
4.3 Others
4.3.1 Woven Fabrics
4.3.2 Non-Crimp Fabrics
4.3.3 Unidirectional Tapes
4.3.4 Non-Woven Mats
5 Global Continuous Fiber Composites for the Aerospace Market (by Resin Type) (2017-2023), (by Value and by Volume)
5.1 Thermoset
5.2 Thermoplastic
6 Global Continuous Fiber Composites for the Aerospace Market (by Aircraft Type) (2017-2023), (by Value and by Volume)
6.1 Commercial Aircraft
6.1.1 Manned
6.1.2 Unmanned
6.2 Military Aircraft
6.2.1 Manned
6.2.2 Unmanned
7 Global Continuous Fiber Composites for the Aerospace Market (by Process) (2017-2023), (by Value and by Volume)
8 Global Continuous Fiber Composites for the Aerospace Market (by Application) (2017-2023), (by Value and by Volume)
8.1 Primary Structure
8.2 Secondary Structure
8.3 Aircraft Interior
8.4 Aircraft Engine
9 Honeycomb Core Panels and Other Core Panels Market in the Aerospace Industry
9.1 Primary Structure
9.2 Secondary Structure
9.3 Interior
9.4 Engines
10 Global Continuous Fiber Composites for the Aerospace Market (by Region) (2017-2023), (by Value and by Volume)
11 Company Profiles
11.1 Raw Material Providers
11.1.1 Chomarat
11.1.2 Cytec Solvay Group
11.1.3 Gurit Holding AG
11.1.4 Hexcel Corporation
11.1.5 TenCate Advanced Composites B.V.
11.1.6 Toray Industries, Inc.
11.2 Tier 1s
11.2.1 GKN Plc.
11.2.2 Safran SA
11.2.3 Spirit AeroSystems
11.3 Tier 2s
11.3.1 Honeywell International Inc.
11.4 Primes
11.4.1 Airbus Group SE
11.4.2 Bombardier Inc.
11.4.3 General Dynamics Corporation
11.4.4 Rolls-Royce Holding Plc.
11.4.5 The Boeing Company
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