Ceramic Industry News / Advanced Ceramics

Composite Materials in Aerospace to Top $35.8 Billion by 2018

February 24, 2011
/ Print / Reprints /
/ Text Size+
Despite the global economic downturn, significant opportunities continue to exist for composites in the global aerospace market, according to a new report.

Despite the global economic downturn, significant opportunities continue to exist for composites in the global aerospace market, according to “Opportunities for Composites in the Global Aerospace Market, 2009-2028,” a new market study conducted by Lucintel.

Composites demand is expected to grow during next 10 years due to the need for fuel-efficient, durable and low-maintenance aircraft. According to the report, the total demand for composites in commercial aerospace, regional jets, defense, general aviation, helicopter and other segments of the aerospace market is expected to be worth $35.8 billion during 2009-2018.

In the aerospace market, the commercial sector will drive the growth of composites demand due to new programs such as Boeing 787, Airbus 380 and Airbus 350, which have significant usage of composites. The defense and general aviation markets are expected to see an increase in penetration of composite materials, though demand for composites is lower in these areas than in commercial aerospace.

This study also reveals that, while composite materials currently represent a relatively small segment of the aerospace industry, the potential exists for composite materials to become a more integral component within the industry in the future. Although aluminum is currently the predominant material used in the overall aerospace industry, aerospace companies are showing increased interest in composite materials because of a desire for more fuel-efficient and corrosive-resistant aircraft.

For additional details, call (972) 636-5056 or visit www.lucintel.com.

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.



Image Galleries

June 2014 Issue Highlights

Our June 2014 issue is now available!


Manufacturing Day 2014

Manufacturing Day organizers share their insights with Managing Editor Kelsey Seidler.

More Podcasts

Ceramic Industry Magazine

CI September 2014 cover

2014 September

You won't want to miss the CI Top 10, traditionally our most popular article of the year!

Table Of Contents Subscribe


M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!


facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px