Composite Surfacing Films Market | Forecast 2018-2023 | Competitive Analysis
This report, from Stratview Research, studies the composite surfacing films market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023.
(EMAILWIRE.COM, September 28, 2018 )
The Composite Surfacing Films Market: Highlights
The composite surfacing films market is forecasted to grow at an impressive rate over the next five years to reach an estimated value of US$ 298.9 million in 2023. Organic growth of the aircraft industry coupled with an increased penetration of composites in the structural sections of the next-generation aircraft is the primary driver of the sustainable demand for composite surfacing films in the aerospace & defense industry. Airbus anticipated that there would be total deliveries of 37,390 aircraft worth US$ 5.8 trillion in the global marketplace during 2018-2037. Asia-Pacific and North America would be the biggest demand generators with a combined share of 59.4% of the total aircraft deliveries during 2018-2037. An expected healthy CAGR of 4.4% in air passenger traffic during 2018-2037 will chiefly drive the demand for the aircraft. This factor will create a sustainable demand for composite parts incorporating composite surfacing films for aircraft exteriors in the foreseeable future.
Composite materials have had a disruptive journey of more than seven decades. For instance; during the 1940s, the first-generation glass fiber-reinforced composites for the aerospace industry were developed and created ample opportunities for the researchers and scientists to develop stiffer and stronger composites in order to avoid undesirable flaws, such as micro-cracks on the surface. In the early stages, structural film adhesives were used to cover the prepregs in a mold, but it does not provide a blemish-free surface to composite parts. This requires an extra set of activities, such as sanding and polishing to make it smooth and paint ready. These activities increase the workloads of labor as well as add significant cost and processing time. This has led to the development of resin-rich, adhesive-based composite surfacing films to reduce the surface defects by approximately 95% as well as making manufacturing easier. These films protect the composite surface from sanding and bead blasting required for paint stripping activities and eliminate surface imperfections. It is also tough to resist any cracks during thermocycling.
Click here to view Table of Contents :- https://www.stratviewresearch.com/toc/384/Composite-Surfacing-Films-Market.html
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https://www.stratviewresearch.com/Request-Sample/384/Composite-Surfacing-Films-Market.html
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
Market structure: Overview, industry life cycle analysis, supply chain analysis
Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
Market trend and forecast analysis
Market segment trend and forecast
Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
Attractive market segments and associated growth opportunities
Emerging trends
Strategic growth opportunities for the existing and new players
Key success factors
The Composite Surfacing Films Market: Highlights
The composite surfacing films market is forecasted to grow at an impressive rate over the next five years to reach an estimated value of US$ 298.9 million in 2023. Organic growth of the aircraft industry coupled with an increased penetration of composites in the structural sections of the next-generation aircraft is the primary driver of the sustainable demand for composite surfacing films in the aerospace & defense industry. Airbus anticipated that there would be total deliveries of 37,390 aircraft worth US$ 5.8 trillion in the global marketplace during 2018-2037. Asia-Pacific and North America would be the biggest demand generators with a combined share of 59.4% of the total aircraft deliveries during 2018-2037. An expected healthy CAGR of 4.4% in air passenger traffic during 2018-2037 will chiefly drive the demand for the aircraft. This factor will create a sustainable demand for composite parts incorporating composite surfacing films for aircraft exteriors in the foreseeable future.
Composite materials have had a disruptive journey of more than seven decades. For instance; during the 1940s, the first-generation glass fiber-reinforced composites for the aerospace industry were developed and created ample opportunities for the researchers and scientists to develop stiffer and stronger composites in order to avoid undesirable flaws, such as micro-cracks on the surface. In the early stages, structural film adhesives were used to cover the prepregs in a mold, but it does not provide a blemish-free surface to composite parts. This requires an extra set of activities, such as sanding and polishing to make it smooth and paint ready. These activities increase the workloads of labor as well as add significant cost and processing time. This has led to the development of resin-rich, adhesive-based composite surfacing films to reduce the surface defects by approximately 95% as well as making manufacturing easier. These films protect the composite surface from sanding and bead blasting required for paint stripping activities and eliminate surface imperfections. It is also tough to resist any cracks during thermocycling.
Click here to view Table of Contents :- https://www.stratviewresearch.com/toc/384/Composite-Surfacing-Films-Market.html
OR
Request a sample here :-
https://www.stratviewresearch.com/Request-Sample/384/Composite-Surfacing-Films-Market.html
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
Market structure: Overview, industry life cycle analysis, supply chain analysis
Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
Market trend and forecast analysis
Market segment trend and forecast
Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
Attractive market segments and associated growth opportunities
Emerging trends
Strategic growth opportunities for the existing and new players
Key success factors
Contact Information:
Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
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Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results