The global aircraft cabin interior composites market size is expected to reach USD 36.91 billion by 2028 according to a new study by Polaris Market Research. The report “Aircraft Cabin Interior Composites Market, By Aircraft (Narrow-Body, Wide-body, Regional, General Aviation, Military); By Application; By Matrix; By Fiber; By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into the current market dynamics and provides analysis on future market growth.
One of the prime growth drivers of the market includes stringent emission norms imposed by regulatory bodies such as ICAO (International Civil Aviation Organization) and EPA (Environmental Protection Agency). The industry stakeholders are incorporating advanced lightweight materials such as the product to meet such emission standards and reduce fuel burn and operating costs.
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AIM Altitude Limited (Part of AVIC), Collins Aerospace (United Technologies Corporation), Daher, Diehl Stiftung & Co. KG, EFW Aerospace, EnCore Group (Boeing), FACC AG (Part of AVIC), Dutch Thermoplastic Components B.V. (DTC), JAMCO Corporation, Triumph Group Inc., Safran SA, and Singapore Technologies Engineering Ltd, The Gill Corporation, and The Nordam Group some of the key players competing in the global market.
Key Trends Observed in the Aircraft Cabin Interior Composites Market
- Based on product type, the narrow-body aircraft segment is anticipated to lead the major growth for the global market, owing to increasing production rates and rising demand for cabin retrofit of large aircraft fleets.
- In terms of a matrix, the thermoset composites segment dominated the market and is expected to drive significant growth for the market. Increasing usage of carbon fiber composites in cabin interior verticals such as ceilings, galleys, sidewalls, floor, and lavatory are driving the segment’s growth.
- By application, the floor & ceilings cabin interior emerged as the major revenue generator segment. Composites are used during the manufacturing of floor panel skins and floor beams of modern aircraft programs.
- Henkel Adhesive Technologies, a leader in structural adhesives for the aircraft OEM and maintenance industries, has come up with a Loctite EA 9365FST, the latest two-part epoxy adhesive that reinforces thermoplastic and thermoset substrates and can be used as a matrix resin on fiberglass to strengthen thermoplastic assemblies with thin walls.
Regional Analysis for Aircraft Cabin Interior Composites Market
North America is projected to remain the largest market during the forecast period, owing to presence of composite-rich aircraft platforms such as A220, B78, B777x, and B737 Max coupled with availability of almost all major aircraft OEMs including Airbus, Boeing, Cessna, and Gulfstream. Rising commercial aircraft fleet size is likely to further boost the overall demand for composite parts in aircraft cabin interiors in the foreseeable future. Increasing demand for commercial aircraft to support increased passenger traffic, the construction of Boeing and Airbus assembly sites in China, future indigenous commercial and regional aircraft, and rising aircraft fleet size are all anticipated to boost growth in Asia-Pacific region during the same period.
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Polaris Market Research has segmented the aircraft cabin interior composites market report on the basis of aircraft type, application, matrix, fiber, and region:
Aircraft Cabin Interior Composites, Airplane Type Outlook (Revenue USD Million, 2016 – 2028)
- Regional Transportation
- General Aviation
Aircraft Cabin Interior Composites, Application Outlook (Revenue USD Million, 2016 – 2028)
- Floor and Ceilings
- Stowage Bins
Aircraft Cabin Interior Composites, Matrix Outlook (Revenue USD Million, 2016 – 2028)
- Thermoset Composites
- Thermoplastic Composites
Aircraft Cabin Interior Composites, Fiber Outlook (Revenue USD Million, 2016 – 2028)
- Glass Fiber
- Carbon Fiber
Aircraft Cabin Interior Composites, Regional Outlook (Revenue USD Million, 2016 – 2028)
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
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Other Studies Relevant to this industry: https://www.polarismarketresearch.com/industry/Advanced-Materials
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