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Showing posts with the label aerospace composites market size

Aerospace Composites Market - Forecast(2021 - 2026)

Aerospace Composites Market size is forecast to reach around $41 billion by 2025, after growing at a CAGR of 10.5% during 2020-2025. Composites are material made up of two or more substances with different physical and chemical properties. Surging demand of composites for making aircraft parts due to its exceptional strength and heat bearing capacity is driving the growth of the aerospace composites market . Whereas, growing uses of composites in military & defense sector for manufacturing of fighter jets and missiles also boosts the growth of market. However, high fabrication and assembly costs of composite materials restraints the growth of aerospace composites market.    Aerospace Composites Market Report Coverage The report: “Aerospace Composites Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Aerospace Composites Industry.  By Fiber Type:  Carbon Fiber (PAN carbon Fiber and Pitch Carbon Fiber), Ara...