CompositesWorld

FEB 2018

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TRENDS FEBRUARY 2018 28 CompositesWorld MarketsandMarkets (Pune, India) has released a new report, titled Aerospace Composites Market by Fiber Type (Carbon, Glass, Ceramic), Resin Type (Epoxy, Phenolic, Polyester, Polyimides, Thermoplastics, Ceramic and Metal Matrix), Aircraft Type, Manufacturing Process, Application, Region – Global Forecast to 2022. In it, the aerospace composites market is projected to reach US$42.97 AEROSPACE Market prediction: Strong growth in aerospace billion by 2022, up from the US$26.87 billion estimated in 2017, representing a healthy compound annual growth rate (CAGR) of 9.85%. The major factors fueling the growth across the globe are the increasing use of aerospace composites in commercial and military aircraft, say the report's authors. Composites use in commercial aircraft, they show, has gained momentum during the past few decades (~53% of the Airbus A350 XWB, for example, now comprises composite materials) primarily for their weight reduction and corrosion resistance benefits. Moreover, the authors claim that maintenance costs for composites-intensive aircraft are lower when compared to traditional aluminum construction. Carbon fiber accounts for more than 70% of the reinforcements used to manufacture aerospace composites, and demand is increasing, the authors say, in both commercial and defense aircraft. As the demand for carbon fiber composites continues to rise, the number of carbon fiber manufactur- ing plants, too, will grow in North America and Europe. In terms of market demand, North America is the largest consumer of aerospace composites, and use of composites is projected to grow there at the highest CAGR in terms of both value and volume during the forecast period. More information about the report is available here | short.compositesworld.com/MandMACMFT COMPLETE SOLUTIONS? WE GET IT... COLLABORATION COMPLETES THE PUZZLE. Being the leading core supplier to the composites industry for decades is just not enough. Our consistent collaboration with preferred industry suppliers and their knowledge of glass, resin, kit cutting, panel making and distribution separates us from the rest. And spares you the burden. So put us to task. Ask us for solutions. We'll assemble the team and make sure all the pieces fit for superior results . That's how we operate. Contact us for details. BALTEK®AND AIREX® STRUCTURAL CORES... THE FITTING PIECE FOR ALL COMPOSITES ENGINEERING CHALLENGES. www.airexbaltekbanova.com North America I South America Baltek Inc. I High Point, NC 27261, USA T +1 336 398 1900 I F +1 336 398 1901 corematerials.americas@3AComposites.com Europe I Middle East I India I Africa Airex AG I 5643 Sins, Switzerland T +41 41 789 66 00 I F +41 41 789 66 60 corematerials@3AComposites.com Asia I Australia I New Zealand 3A Composites (China) Ltd. I 201201 Shanghai, China T +86 21 585 86 006 I F +86 21 338 27 298 corematerials.asia@3AComposites.com Core Materials CORRECTION In the January 2018 issue of CW, we reported, on p. 20, that BMW AG (Munich, Germany) has launched its own line of organosheets and acquired BENTELER's (Salzburg, Austria) share of the BENTELER-SGL (Ort im Innkreis, Austria) joint venture. This was incorrect. It was, in fact, SGL Group (Wiesbaden, Germany) that launched its own line of organosheets and acquired BENTELER's share of the BENTELER-SGL joint venture. CW regrets the error.

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