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Aerospace Composites Market

ID: MRFR/CnM/0734-CR
200 Pages
Chitranshi Jaiswal
June 2025

Aerospace Composites Market Size, Share, Industry Trend & Analysis Research Report By Application (Aircraft Structures, Interior Components, Propulsion Systems, Cargo Compartment), By Material Type (Carbon Fiber Composites, Glass Fiber Composites, Aramid Fiber Composites, Thermoplastic Composites), By Manufacturing Process (Prepreg Layup, Resin Transfer Molding, Out-of-Autoclave Processes, Filament Winding), By End-use (Commercial Aviation, Military Aviation, General Aviation), and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa)-Forecast to 2035

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Aerospace Composites Market Summary

As per Market Research Future analysis, the Aerospace Composites Market Size was estimated at 27.44 USD Billion in 2024. The Aerospace Composites industry is projected to grow from 30.72 USD Billion in 2025 to 94.91 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 11.94% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The Aerospace Composites Market is poised for substantial growth driven by sustainability and technological advancements.

  • North America remains the largest market for aerospace composites, driven by robust aerospace manufacturing and R&D activities.
  • The Asia-Pacific region is emerging as the fastest-growing market, fueled by increasing air travel and expanding aerospace industries.
  • Aircraft structures represent the largest segment, while interior components are witnessing the fastest growth due to evolving consumer preferences.
  • Key market drivers include the rising demand for lightweight materials and advancements in manufacturing technologies, which are essential for meeting environmental regulations.

Market Size & Forecast

2024 Market Size 27.44 (USD Billion)
2035 Market Size 94.91 (USD Billion)
CAGR (2025 - 2035) 11.94%

Major Players

Boeing (US), Airbus (FR), Lockheed Martin (US), Northrop Grumman (US), Raytheon Technologies (US), Safran (FR), General Dynamics (US), Hexcel Corporation (US), Toray Industries (JP), Mitsubishi Heavy Industries (JP)

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Aerospace Composites Market Trends

The Aerospace Composites Market is currently experiencing a transformative phase, driven by advancements in material science and increasing demand for lightweight, high-strength materials in aircraft manufacturing. The shift towards composite materials, alongside alternatives such as aluminum alloys, reflects ongoing developments within the composite materials aluminum alloys aerospace market aimed at improving structural efficiency and fuel performance. As manufacturers seek to optimize performance and sustainability, the integration of composites into both commercial and military aircraft is becoming more prevalent across the global aerospace composites market. This trend is further supported by regulatory frameworks that encourage the adoption of environmentally friendly materials, thereby fostering innovation within the sector. In addition to the push for sustainability, the Aerospace Composites Market is witnessing a surge in research and development activities aimed at improving the properties of composite materials. Innovations in manufacturing processes and material formulations are strengthening the role of advanced composites, including growth opportunities within the aerospace thermoplastic composites market, as manufacturers seek faster processing and recyclability benefits. Furthermore, collaborations between aerospace companies and material suppliers are expected to yield new composite formulations that meet the stringent requirements of the industry. Overall, the Aerospace Composites Market appears poised for substantial growth as it adapts to the evolving needs of the aviation sector.

Sustainability Initiatives

The Aerospace Composites Market is increasingly influenced by sustainability initiatives, as manufacturers strive to reduce their environmental footprint. This trend encompasses the development of recyclable and bio-based materials, supporting the long-term evolution of the global aerospace composites market.

Technological Advancements

Technological advancements in composite manufacturing are reshaping the Aerospace Composites Market. Improved curing techniques and automation are enhancing efficiency, while the adoption of thermoplastics continues to support expansion of the aerospace thermoplastic composites market across multiple aircraft applications.

Regulatory Support

Regulatory support is playing a crucial role in the Aerospace Composites Market, as governments and aviation authorities implement policies that encourage the use of advanced materials. This support not only facilitates compliance with safety standards but also incentivizes research and development in composite technologies.

Aerospace Composites Market Drivers

Rising Investment in Aerospace R&D

The aerospace composites Market is benefiting from a significant increase in investment directed towards research and development in aerospace technologies. This influx of funding is facilitating the exploration of new composite materials and manufacturing techniques that enhance performance and durability. Notably, government and private sector investments are focusing on developing advanced composites that can withstand extreme conditions while maintaining lightweight properties. As a result, the Aerospace Composites Market is likely to see a proliferation of innovative products that cater to the evolving needs of the aerospace sector. This trend not only fosters technological advancements but also strengthens the competitive landscape among manufacturers.

Expansion of Aerospace Applications

The Aerospace Composites Market is witnessing an expansion in the range of applications for composite materials beyond traditional aircraft structures. Emerging sectors such as unmanned aerial vehicles (UAVs) and space exploration are increasingly utilizing composites for their lightweight and high-strength characteristics. The versatility of composite materials allows for their integration into various components, including wings, fuselages, and interiors. As the demand for UAVs and space vehicles grows, the Aerospace Composites Market is expected to capitalize on these opportunities, driving further innovation and market growth. This diversification of applications is likely to enhance the overall resilience and adaptability of the Aerospace Composites Market.

Advancements in Manufacturing Technologies

The Aerospace Composites Market is poised for transformation due to advancements in manufacturing technologies. Innovations such as automated fiber placement and 3D printing are revolutionizing the production processes of composite materials, enabling faster and more cost-effective manufacturing. These technologies not only enhance the precision and quality of composite components but also reduce waste and energy consumption. For instance, the implementation of additive manufacturing techniques is expected to decrease production times by up to 50%, thereby accelerating the time-to-market for new aircraft designs. As these technologies continue to evolve, they are likely to play a pivotal role in shaping the Aerospace Composites Market, driving efficiency and sustainability in aerospace manufacturing.

Growing Focus on Environmental Regulations

The Aerospace Composites Market is increasingly influenced by stringent environmental regulations aimed at reducing the carbon footprint of aviation. Governments and regulatory bodies are implementing policies that encourage the use of sustainable materials and practices in aircraft manufacturing. This regulatory support is prompting aerospace manufacturers to invest in composite materials that not only meet performance standards but also align with environmental goals. For example, the introduction of regulations targeting emissions reductions is likely to accelerate the adoption of lightweight composites, which contribute to lower fuel consumption. As compliance with these regulations becomes imperative, the Aerospace Composites Market is expected to expand, driven by the need for innovative and eco-friendly solutions.

Increasing Demand for Lightweight Materials

The Aerospace Composites Market is experiencing a notable surge in demand for lightweight materials, driven by the need for fuel efficiency and reduced emissions in aircraft design. Composites, such as carbon fiber reinforced polymers, offer significant weight savings compared to traditional materials like aluminum. This shift is particularly evident in commercial aviation, where airlines are increasingly adopting composite materials to enhance performance and lower operational costs. According to recent data, the use of composites in aircraft structures is projected to reach approximately 50% by 2030, indicating a robust trend towards lightweight solutions. As manufacturers strive to meet these demands, the Aerospace Composites Market is likely to witness substantial growth, fostering innovation and competition among key players.

Market Segment Insights

By Application: Aircraft Structures (Largest) vs. Interior Components (Fastest-Growing)

The Aerospace Composites Market showcases a diverse application landscape, with Aircraft Structures commanding the largest share. This segment stands out due to the inherent advantages that composites offer, including enhanced strength-to-weight ratios and improved fuel efficiency. On the other hand, Interior Components are rapidly gaining traction, driven by rising demand for lightweight and visually refined cabin solutions, supporting growth in composites in the aerospace interior market. The focus on reducing overall aircraft weight while maintaining safety and performance standards bolsters the Aircraft Structures segment’s dominance, while the rise in luxury and comfort in air travel drives the growth of Interior Components. In terms of growth trends, the Aircraft Structures segment benefits from ongoing advancements in composite technologies that enhance durability and performance. The key drivers include stringent regulations regarding fuel efficiency and emissions, prompting manufacturers to adopt lightweight materials. The Interior Components segment, however, is seeing the fastest growth fueled by shifting consumer preferences towards enhanced passenger experiences. Innovations in design, coupled with the need for improved aesthetics and functionality in aircraft interiors, are propelling this segment forward as airlines invest in modernizing their fleets to attract and retain customers.

Aircraft Structures (Dominant) vs. Propulsion Systems (Emerging)

The Aircraft Structures segment remains dominant within the Aerospace Composites Market due to its critical role in enhancing the overall performance of aircraft. This segment leverages advanced composite materials such as carbon fiber and epoxy resin to achieve superior weight savings and structural integrity. Furthermore, the move towards more fuel-efficient aircraft has positioned Aircraft Structures at the forefront of material innovation. Conversely, the Propulsion Systems segment is emerging, driven by the increasing integration of composite materials in engines to improve efficiency and reduce weight. While still developing its market presence, the emphasis on high-performance engagement in aircraft propulsion presents significant opportunities for growth as manufacturers seek to innovate and optimize propulsion capabilities for next-generation aircraft.

By Material Type: Carbon Fiber Composites (Largest) vs. Glass Fiber Composites (Fastest-Growing)

In the Aerospace Composites Market, Carbon Fiber Composites hold the largest share, recognized for their lightweight, high-strength properties that enhance aircraft performance and fuel efficiency. This material evolution complements broader developments in the composite materials aluminum alloys in aerospace market, where manufacturers evaluate optimal material combinations for performance and cost balance. These composites are experiencing a notable increase in adoption by manufacturers aiming to strike a balance between performance and production costs. The landscape of the Aerospace Composites Market is evolving, influenced by technological advancements and a shift towards sustainability. The demand for Carbon Fiber Composites is driven by the need for enhanced efficiency and reduced emissions, while Glass Fiber Composites benefit from emerging applications in more affordable aircraft designs, making them a target for growth in mid-range models. This trend illustrates a market increasingly responsive to both performance needs and economic considerations.

Carbon Fiber Composites (Dominant) vs. Glass Fiber Composites (Emerging)

Carbon Fiber Composites are renowned for their unparalleled strength-to-weight ratio, superior fatigue resistance, and ability to withstand extreme environmental conditions, making them the dominant choice in modern aerospace engineering. They are essential in high-performance aircraft, where reducing weight is crucial for optimizing fuel efficiency and performance. In contrast, Glass Fiber Composites are emerging as a versatile alternative; they offer good strength characteristics at a lower cost, making them ideal for applications where budget constraints exist. As aircraft manufacturers increasingly seek to integrate polymer composites for structural components, Glass Fiber Composites are finding their niche in aircraft interiors and secondary structures. This positioning allows them to experience significant growth as they cater to both commercial and regional aircraft markets.

By Manufacturing Process: Prepreg Layup (Largest) vs. Resin Transfer Molding (Fastest-Growing)

The Aerospace Composites Market shows a diverse distribution in manufacturing processes, with Prepreg Layup securing the largest market share due to its extensive application in structural components of aircraft. In contrast, Resin Transfer Molding is gaining traction and is expected to witness significant growth, driven by its efficiency in producing complex composite shapes with minimal waste. Other processes like Out-of-Autoclave offer alternative manufacturing solutions, but they hold a smaller market share relative to the leading processes.

Prepreg Layup (Dominant) vs. Resin Transfer Molding (Emerging)

Prepreg Layup is the dominant manufacturing process in the aerospace composites sector, recognized for its ability to create high-strength composite parts with excellent fiber orientation and minimal void content. It is widely used in the fabrication of primary structures due to its high-performance characteristics. On the other hand, Resin Transfer Molding is emerging rapidly, favored for its capability to create intricate geometries and its suitability for high-volume production. This process allows for better control of resin infusion, resulting in enhanced mechanical properties of the finished product. As aerospace manufacturers look for cost-effective and efficient production methods, both Prepreg Layup and Resin Transfer Molding will play pivotal roles in shaping the future of aerospace composites.

By End-use: Commercial Aviation (Largest) vs. Military Aviation (Fastest-Growing)

The aerospace composites market is predominantly driven by the commercial aviation segment, which holds the largest share. This sector benefits from a continuous demand for lightweight, fuel-efficient materials that are integral for modern aircraft designs. In contrast, military aviation continues to expand, with increased investments and focus on developing advanced composite materials to enhance the performance of military aircraft. General aviation, on the other hand, represents a smaller share but is experiencing gradual growth driven by the rising number of private pilots and business jets.

Commercial Aviation: Dominant vs. Military Aviation: Emerging

In the aerospace composites market, commercial aviation stands as the dominant force, characterized by its extensive use in manufacturing commercial aircraft to improve fuel efficiency and reduce emissions. This segment leverages advanced composite materials, which are essential for producing lighter and stronger aircraft structures. Meanwhile, military aviation is emerging rapidly, propelled by advancements in materials technology that enable the development of high-performance military aircraft. This segment emphasizes durability and strength, appealing to defense contractors and military operations seeking to enhance operational capabilities. As new technologies continue to evolve, both segments are expected to influence each other, leading to innovations across the entire aerospace industry.

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Regional Insights

North America : Aerospace Innovation Leader

North America remains the largest market for aerospace composites, holding approximately 45% of the global share. Strong aircraft production activity and defense investments continue to support growth across the United States aerospace composites market, led by major OEMs and material suppliers. Regulatory support from agencies like the FAA further catalyzes growth, ensuring compliance with safety and environmental standards. The United States is the primary player, with major companies like Boeing, Lockheed Martin, and Northrop Grumman leading the charge. The competitive landscape is characterized by significant investments in R&D and partnerships with material suppliers. Canada also plays a vital role, contributing to the market with its aerospace manufacturing capabilities and innovation in composite materials.

Europe : Sustainable Aviation Focus

Europe continues to play a critical role in advancing sustainability and lightweight material adoption, contributing significantly to the global aerospace composites market. The region's growth is propelled by stringent environmental regulations and a strong push towards sustainable aviation solutions. The European Union's initiatives to reduce carbon emissions in aviation are key drivers, fostering innovation in lightweight composite materials that enhance fuel efficiency. Leading countries include France and Germany, with major players like Airbus and Safran at the forefront. The competitive landscape is marked by collaborations between aerospace manufacturers and research institutions, focusing on developing advanced composite technologies. The presence of companies like Hexcel Corporation further strengthens Europe's position in The Aerospace Composites Market.

Asia-Pacific : Emerging Aerospace Hub

Asia-Pacific is witnessing rapid growth in the aerospace composites market, holding approximately 20% of the global share. The region's expansion is driven by increasing air travel demand, rising disposable incomes, and government investments in aerospace infrastructure. Countries like China and India are focusing on enhancing their aerospace capabilities, supported by favorable regulations and initiatives to boost local manufacturing. China is the leading country in this region, with significant investments in aerospace projects and partnerships with global players. Japan also contributes to the market with companies like Toray Industries and Mitsubishi Heavy Industries. The competitive landscape is evolving, with a growing number of local manufacturers entering the Aerospace Composites Market, enhancing the region's overall capabilities in aerospace composites.

Middle East and Africa : Strategic Growth Opportunities

The Middle East and Africa region is gradually emerging in the aerospace composites market, holding about 5% of the global share. Growth is driven by increasing investments in aviation infrastructure and a rising number of air travel passengers. Countries like the UAE and South Africa are focusing on developing their aerospace sectors, supported by government initiatives aimed at enhancing local manufacturing capabilities. The UAE is a key player, with significant investments in aerospace projects and partnerships with global aerospace companies. The competitive landscape is characterized by a mix of established players and new entrants, fostering innovation and growth in the region. As the demand for lightweight materials increases, the region is poised for further expansion in aerospace composites.

Aerospace Composites Market Regional Image

Key Players and Competitive Insights

Key Market Opportunities: Advancements in lightweight materials enhance fuel efficiency in the Aerospace Composites Market, strengthening demand across the global aerospace composites market. Major players such as Boeing (US), Airbus (FR), and Lockheed Martin (US) are strategically positioned to leverage innovation and sustainability as key growth drivers. Boeing (US) has been focusing on enhancing its composite materials portfolio, while Airbus (FR) emphasizes partnerships to bolster its supply chain resilience. Lockheed Martin (US) is investing in advanced manufacturing techniques, which collectively shape a competitive environment that prioritizes efficiency and technological superiority. In terms of business tactics, companies are increasingly localizing manufacturing to reduce lead times and optimize supply chains. The market appears moderately fragmented, with a mix of established players and emerging companies vying for market share. The collective influence of key players is significant, as they engage in strategic collaborations and investments to enhance their operational capabilities and market reach. In August 2025, Boeing (US) announced a partnership with a leading materials science company to develop next-generation composite materials aimed at improving fuel efficiency in commercial aircraft. This strategic move is likely to enhance Boeing's competitive edge by aligning with the industry's shift towards sustainability and reduced carbon emissions. The collaboration underscores Boeing's commitment to innovation and positions it favorably in a market increasingly focused on environmental considerations. In September 2025, Airbus (FR) unveiled a new initiative to integrate artificial intelligence into its composite manufacturing processes. This initiative aims to streamline production and enhance quality control, potentially reducing costs and improving delivery timelines. By adopting AI technologies, Airbus is not only enhancing its operational efficiency but also setting a precedent for digital transformation within the aerospace sector, which could influence competitors to follow suit. In July 2025, Lockheed Martin (US) expanded its composite manufacturing capabilities by acquiring a specialized firm known for its advanced composite technologies. This acquisition is indicative of Lockheed Martin's strategy to bolster its technological prowess and diversify its product offerings. The integration of this new technology is expected to enhance Lockheed Martin's competitiveness in defense and aerospace applications, reflecting a broader trend of consolidation in the market. As of October 2025, current competitive trends in the Aerospace Composites Market are heavily influenced by digitalization, sustainability, and the integration of artificial intelligence. Strategic alliances are becoming increasingly vital, as companies seek to pool resources and expertise to navigate the complexities of modern aerospace manufacturing. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, technological advancements, and supply chain reliability, as companies strive to meet the growing demands of a more environmentally conscious market.

Key Companies in the Aerospace Composites Market include

Industry Developments

In October 2023, Lockheed Martin announced enhancements to their composite manufacturing processes aimed at improving efficiency and sustainability. Airbus is focusing on increasing the use of thermoplastic composites in their aircraft designs. Notably, in September 2023, Toray Industries partnered with Boeing to advance composite materials specifically for the aerospace sector, further solidifying their Aerospace Composites Market presence..

Recent mergers and acquisitions have also shaped the landscape, as seen in August 2023 when Northrop Grumman acquired a smaller firm specializing in composite manufacturing technologies, enhancing their capabilities in defense and commercial aircraft.

The valuation of companies such as Hexcel Corporation and Solvay has seen a noteworthy increase due to innovations in composite engineering, directly impacting the Aerospace Composites Market by attracting investments and collaborations.

Additionally, in the past few years, major players have ramped up Research and Development efforts, particularly in 2021, to explore new composite materials, positioning themselves strategically within the evolving aerospace market.

Future Outlook

Aerospace Composites Market Future Outlook

The Aerospace Composites Market is poised for growth at 11.94% CAGR from 2025 to 2035, driven by advancements in manufacturing technologies, increasing demand for lightweight materials, and sustainability initiatives.

New opportunities lie in:

  • Development of advanced thermoplastic composites for aerospace applications. Integration of AI-driven predictive maintenance solutions for composite materials. Expansion into emerging markets with tailored composite solutions for regional aircraft.

By 2035, the Aerospace Composites Market is expected to achieve substantial growth, reflecting evolving industry demands.

Market Segmentation

Aerospace Composites Market End-use Outlook

  • Commercial Aviation
  • Military Aviation
  • General Aviation

Aerospace Composites Market Application Outlook

  • Aircraft Structures
  • Interior Components
  • Propulsion Systems
  • Cargo Compartment

Aerospace Composites Market Material Type Outlook

  • Carbon Fiber Composites
  • Glass Fiber Composites
  • Aramid Fiber Composites
  • Thermoplastic Composites

Aerospace Composites Market Manufacturing Process Outlook

  • Prepreg Layup
  • Resin Transfer Molding
  • Out-of-Autoclave Processes
  • Filament Winding

Report Scope

MARKET SIZE 2024 27.44(USD Billion)
MARKET SIZE 2025 30.72(USD Billion)
MARKET SIZE 2035 94.91(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 11.94% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Billion
Key Companies Profiled Boeing (US), Airbus (FR), Lockheed Martin (US), Northrop Grumman (US), Raytheon Technologies (US), Safran (FR), General Dynamics (US), Hexcel Corporation (US), Toray Industries (JP), Mitsubishi Heavy Industries (JP)
Segments Covered Application, Material Type, Manufacturing Process, End-use, Regional
Key Market Opportunities Advancements in lightweight materials enhance fuel efficiency in the Aerospace Composites Market.
Key Market Dynamics Rising demand for lightweight materials drives innovation and competition in the Aerospace Composites Market.
Countries Covered North America, Europe, APAC, South America, MEA

Market Highlights

Author
Chitranshi Jaiswal
Research Analyst Level I

In her 3 years of experience in the market research field, she has handled critical cross-domain projects. She has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.She holds an engineering degree and is an MBA professional from a well-known university, capable of evaluating the market and competitive conditions. An exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. Proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. Generated business through active client and project development, networking, and high-quality responses. Her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.

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FAQs

What is the projected market valuation of the Aerospace Composites Market by 2035?

The Aerospace Composites Market is projected to reach a valuation of 94.91 USD Billion by 2035.

Research Approach

Research Methodology on Aerospace Composites Market

Introduction:

The research report will focus on the global aerospace composites market and its associated industry trends. With the emergence of newer technologies and materials in the aerospace industry, composites are becoming increasingly popular in aircraft and spacecraft production. This report will highlight the market size, drivers, and restrictions of the global aerospace composites industry, along with the competitive landscape and market segmentation.

Objectives of the Study:

The primary objective of this study is to analyse and forecast the market size for the global aerospace composites market. This study provides an understanding of the market dynamics of the industry, such as key market segments, end-users, applications, and regions. It further provides a comprehensive overview of the market scenario and its competitive landscape.

Scope of the Study:

The research report will provide an in-depth analysis of the global aerospace composites market. It will provide the market size for the period 2023-2030 and the competitive landscape in the industry. It will further provide detailed analysis of the key segmentations of the aerospace composites market, as well as the market dynamics, including the drivers, opportunities, and restraints that shape this market.

Research Methodology:

This research report will be conducted using a robust and holistic research methodology, based on primary as well as secondary data sources. The research methodology includes identification of key players, market segmentation, and qualitative and quantitative analysis. The research methodology further involves desk research and data triangulation to arrive at market numbers.

Primary Research Sources:

Primary research sources will be used to obtain data for this study. These include interviews with industry experts, trade associations, companies, government agencies, and other stakeholders. In-depth interviews will be conducted with key participants in the aerospace composites market, including industry veterans, suppliers, distributors, and customers. These interviews help to gain intelligence into the global aerospace composites market.

Secondary Research Sources:

Secondary research sources will also be used to obtain data for this research report. These sources include company websites, industry reports, industry databases, financial/investment reports, published journals, trade magazines, press releases, and market research reports. Data from secondary sources helps to form a basis for gaining an understanding of the market.

Assumptions & Exclusions:

The research report assumes the market size of the global aerospace composites market for the period 2023-2030 and the competitive landscape. The current year has been considered as the base year. The report excludes the impact of the COVID-19 pandemic on the aerospace composites market.

Research Data:

The data used for this research report has been collected through both primary and secondary sources. Primary research sources include in-depth interviews and surveys, while secondary research sources include industry databases, published journals, trade magazines, and press releases. The data and information obtained through both sources will be validated using triangulation techniques.

Conclusion:

This study of the global aerospace composites market has been conducted using a robust and holistic research methodology. Primary as well as secondary data sources have been used to obtain data for this report. The qualitative and quantitative analysis conducted in this report will provide an understanding of the current market size and competitive landscape. The industry dynamics, such as drivers, opportunities, and restraints, that shape the market have also been included in this report.

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