The analysis focuses on the primary regions and competitive environment at the sub-segment level and includes competitive structure and industry share data at the overall level. The aerospace sector is one of the leading end-use industries in material development innovation, which has led to the adoption of composites in other major end-use industries such as automotive, medical, construction, and electronics. Composites are forecast to become a highly-critical material in aerospace manufacturing by the end of the forecast period in 2028. The analysis highlights the key participants and critical competitive factors to achieve organic growth and gain a solid foothold in the sector. The current size of the aerospace composites industry is assessed by factors such as air traffic recovery, post-pandemic air travel highlights, material substitution potential, and shifting political, socioeconomic, regulatory, environmental, raw material, and technology advancements. The analysis also examines the demand for air travel and offers an in-depth scenario of the substitution potential of composites replacing metals in structural applications. The analysis also assesses the top growth opportunities for composite manufacturers over the forecast period.
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