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Aerospace Surface Materials & Technical Fabrics Market: Rapid Rise in Industrialization Plays Key Role in Market Development

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Aerospace surface materials and technical fabrics are lightweight, durable, flame & corrosion resistant materials help to address the stringent safety standards and fuel efficiency requirements of aerospace.
Global Aerospace Surface Materials & Technical Fabrics Market: Introduction
Aerospace surface materials and technical fabrics are lightweight, durable, flame & corrosion
resistant materials help to address the stringent safety standards and fuel efficiency requirements of
aerospace. In the coming period of time moderate growth is foreseen in aerospace surface materials
& technical fabrics market owing to increasing number of fleet in use and inbound and outbound
travel activities across the globe. Airlines usually upgrade or refinish aircraft interiors on average of
four to seven years, and aerospace technical fabrics offer efficient options in regards to achieve the
same. Aerospace OEMs are constantly exploring and developing technological advancements that
will help in increasing efficiency and productivity of airline industry. For this reason, aerospace is
one of the predominant industries to adopt the use of composites in its designs. Worldwide air-travel
has grown at a brisk pace in the recent period. Reasonable air fares, improving standard of living
coupled with a growing middle class in emerging economies are all aiding to demand for air travel
and consequently enhance the utilization of aerospace surface materials and technical fabrics.
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Global Aerospace Surface Materials & Technical Fabrics Market: Market Dynamics
Stable GDP growth provides firm platform for growth in air transport, though, it is not the only
factor that drives air traffic growth. Some of the factors that impact the usage of aerospace surface
materials and technical fabrics market include increasing air-transport MRO activities, improving
infrastructure for air transport, increasing urbanization, increasing pace of industrialization, and
development of travel and tourism sector. Airport expansion and new airport construction in
emerging countries, predictably demand new airplanes, which in turn leads to an added growth of
aerospace surface materials and technical fabrics market. Moreover, the growth in aerospace surface
materials & technical fibers market is largely driven by an increase of seats in the passenger
aircrafts owing to high demand on existing routes across the main cities.
Prominent industry liberalization such as development of low cost carriers and Open Skies
agreement are being made, which in turn expected to stimulate growth in the commercial airline
industry. The expectation is that this trend will continue owing to low prices for air travel.
Government regulations and lack of infrastructure in some countries of Middle East and less
developed region undermine the growth of aerospace surface material & technical fabrics market.
Global Aerospace Surface Materials & Technical Fabrics Market: Market Segmentation
Global aerospace surface materials & technical fabrics market can be segmented on the basis of
application, sales channel, composites and regions
On the basis of aircraft type, global aerospace surface materials & technical Fabrics market can be
segmented as
Wide Body Aircraft
Narrow Body Aircraft
Large Body Aircraft
On the basis of application, global aerospace surface materials & technical Fabrics market can be
segmented as
General Aviation
Defense Aviation
On the basis of fit type, global aerospace surface materials & technical fabrics market can be
segmented as
First Fit
Refurbishing
On the basis of composites, global aerospace technical fabrics market can be segmented as
Aramid Fibers
Carbon Fibers
Glass Fibers
Others (Polyester etc.)
Global Aerospace Surface Materials & Technical Fabrics Market: Regional Outlook
After a decade of challenges and despite some political uncertainties such as Brexit, European
consumer and business confidence are recovering. The propensity to fly among European people is
quite high as compared to other parts of the world. Positively, forecasts suggest that the European
population will continue to grow in terms of wealth, consequently, increase the passenger traffic
growth. With the deployment of new aircrafts and refurbishing the existing fleet aerospace surface
materials and technical fibers market is foreseen to observe substantial growth. Furthermore, North
America has always been at the forefront of positive developments and innovation in the aerospace
industry. The airlines in the region have also embarked on significant fleet renewal and likely to
continue in the coming years which in turn reinforce the growth of aerospace surface materials &
technical fabrics market. Intra-regional growth and geographical position have put the region at the
crossroads of trade and transportation between east and west. Despite the economic difficulties
faced in Latin America, total traffic has grown considerably that has raised the demand for new
aircraft fleet. Subsequently, the global outlook for aerospace surface materials & technical fabrics
looks healthy in the foreseeable future.
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Global Aerospace Surface Materials & Technical Fabrics Market: Key Participants
Example of some of the market participants in the global aerospace surface materials & technical
fabrics market discerned across the value chain include
Sigmatex Ltd
Arville Textiles Limited
APEX MILLS
Diatex
JPS Composite Materials
Baltex
Valeth High Tech Composites Pvt. Ltd.
Mohawk Fabric Company, Inc.
DAF Products Inc.
BGF Industries, Inc.
Hindoostan Mills Ltd.
Cytec Solvay Group
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Author
mahendralunkad
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