-- Stratview Research s latest market report on the global composite surfacing films market covers the wide spectrum of the factors governing the future growth including drivers, challenges, emerging trends, technology changes, and environmental factors. The report is a perfect blend of insights and market figures which would enable the business strategists to churn out the future business strategies.
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According to the report, the global composite surfacing films market is projected to reach an estimated value of US$ 320.3 million in 2024.
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.
There are a host of factors burgeoning the demand for composite surfacing films in a diverse range of applications. Among all, the biggest driving factor is an increasing use of composites in the aerospace, defense, automotive, wind energy, and marine industries. Increasing penetration of composites in the key aircraft programs, such as the development of all-composite wings and fuselage structures of B787 and A350XWB aircraft programs, is the major factor driving the growth of composite surfacing films in the aerospace & defense industry. Increasing usage of CFRP in the automotive body panels along with a striving demand for getting Class-A body painted surface finish has created ample opportunities for the composite surfacing film manufacturers to develop and innovate composite surfacing films for the automotive industry.
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The key growth drivers of the composite surfacing films market are:
Increasing Commercial and Regional Aircraft Deliveries
High Growth Potential in Wide Body Aircraft
Increasing Penetration of Composites in Aerospace Industry
Increasing Global Commercial and Regional Aircraft Fleet Size
Increasing Demand for High Quality and Lightweight Components
Stratview Research has done a rigorous study on the composite surfacing films market in its recently launched market report. Market forecast has been done after considering the views of key decision makers, extensive desk research, key market drivers and challenges, apart from our market expertise. Identify the most important factors and opportunities impacting your business decisions.
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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 on 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
This report studies the composite surfacing films market and has segmented the market in five ways, keeping in mind the interest of all the stakeholders across the value chain. The following are the five ways in which the market is segmented:
Composite Surfacing Films Market, by End-Use Industry Type
Aerospace & Defense (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Composite Surfacing Films Market, By Application Type
Wings (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Fuselage (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Flight Control Surfaces (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Automotive Body Panels (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Composite Surfacing Films Market, By Function Type
Surface Protection & Preparation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Lightning Strike Protection (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Composite Surfacing Films Market, By Curing Type
Autoclave (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Out-of-Autoclave (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Composite Surfacing Films Market, By Region
North America (Country Analysis: The USA, Canada, and Mexico)
Europe (Country Analysis: Germany, France, The UK, Italy, Russia, and Rest of Europe)
Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
Rest of the World (Sub-Region Analysis: Latin America, The Middle East, and Others)
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Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
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