10:00 AM Opportunities in the Indian Aerospace Composites Market Size to reach a value of US$ 302.5 million in 2023 |
| Opportunities in the Indian Aerospace Composites Market Report: Trends, Analysis & Forecast up to 2023. Discover associated growth opportunities, market dynamics, success factors and more. The next five years for the Indian aerospace composites market are going to be extremely vigorous with significant growth opportunities in both indigenous as well as export market. It is estimated that the market for aerospace composites in India including export potential is likely to reach a value of US$ 302.5 million in 2023. Currently, the market is relatively very small with the presence of a few local players, which possess good composite capabilities. However, it is expected that the Indian market is likely to evolve rapidly in terms of both demand as well as technology in order to cater to the huge indigenous demand for commercial as well as military aircraft. Click here to get a Free Sample of the report (with additional insights): https://www.stratviewresearch.com/Request-Sample/388/Indian-Aerospace-Composites-Market.html Opportunities in the Indian Aerospace Composites Market Segment Insights: By Aircraft Type: Civil aviation and military aviation are likely to remain the growth engines of the market in the foreseeable future. Majority of the demand for composite parts for the commercial aviation segment is mainly coming from the global market, whereas there is an impressive indigenous demand for composite parts in the military aviation segment. By Application Type: The exterior segment is likely to remain dominant in the market during the forecast period. Composites are increasingly used in aircraft exterior with the purpose to leverage the potential of composites including lightweight, corrosion resistance, and abrasion resistance. By Resin Type: Most of the aerospace composite components are fabricated using epoxy resin not only in India but also in the global market. Phenolic composites are well known for their excellent FST-resistant properties and are preferred choice for interior applications. By Fiber Type: Carbon fiber composites are likely to remain the most dominant and fastest-growing fiber type segment of the market during the forecast period. Lightweight coupled with high-performance benefits over rivalry materials has led to a massive adoption of carbon fiber composites in the aerospace industry. The Indian aerospace composites market is fiercely competitive with the presence of a few active players at present. It is anticipated that the excellent growth of the market may attract global players to enter the Indian market in the near future to capture a larger chunk of the growing market. Furthermore, it is also expected that the existing players may develop better technological capabilities in the coming time to remain competitive in the long run. Click below to run through the detailed ToC of the report: https://www.stratviewresearch.com/toc/388/Indian-Aerospace-Composites-Market.html Features of the Report This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. Based on the research, a proper report is crafted with the following key features:
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