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.
There has been a surge in the penetration of composite materials in newer airplane platforms such as B787, A350XWB, A220, and B777x. The trend of replacing traditional metals such as steel and aluminum with advanced materials is attributed to fuel the demand for the product in cabin interiors across the globe.
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Some of the other key noticeable trends driving the demand growth are the enlargement of cabin components such as overhead stowage bins, improved customer experience with lightweight and durable cabin solutions, and advancements in the design of galleys and lavatories to customize seating solutions. Composite materials are becoming the material of choice for designing lightweight and aesthetic interiors along with meeting the desired performance.
Industry participants such as 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.
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)
Aircraft Cabin Interior Composites, Application Outlook (Revenue USD Million, 2016 - 2028)
Aircraft Cabin Interior Composites, Matrix Outlook (Revenue USD Million, 2016 - 2028)
Aircraft Cabin Interior Composites, Fiber Outlook (Revenue USD Million, 2016 - 2028)
Aircraft Cabin Interior Composites, Regional Outlook (Revenue USD Million, 2016 - 2028)