Cabin Interior Composites Market Research Report - Global Forecast 2024

Published - Jun 2019 | Category - Aerospace and Defense | No. of Pages - 133 | Published By - Market Research Future


Global Cabin Interior Composites Market is estimated to register a CAGR of nearly 6.89% during the forecast period of 2019 to 2024.

Global Cabin Interior Composites Market Research Report: Information by Aircraft Type (Narrow-Body and Wide-Body), Composite Type (Carbon Fiber, Glass Fiber, and Others), Process (Sandwich Construction, Compression Molding, and Others), Application (Galleys, Floor Panels, Sidewall Panels, Ceiling Panels, Stowage Bins, Lavatories, Seating, Ducts, and Others), End Use (OEM and Aftermarket), and Region (North America, Europe, Asia-Pacific, and Rest of the World)—Forecast till 2024

Market Scenario

The global cabin interior composites market is growing due to the increasing procurement of aircraft and rising air passenger traffic. According to Boeing, 8,800 aircraft were delivered in North America in 2018. Furthermore, stringent government regulations regarding aircraft manufacturing are also boosting market growth. For example, in the US, the Federal Aviation Administration (FAA) develops policy procedures and regulates manufacturing aspects of air carriers, general aviation, and commercial operators. However, market growth is expected to be hindered by volatility in oil prices.


 

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