Global Aerospace & Defense Thermoplastic Composites Market is Likely to Experience Significant Growth Opportunities Over the Next Five Years (2018-2023) and Reach US$ 636 Million in 2023, as per a New Report From Stratview Research

DETROIT, January 17, 2018 /PRNewswire/ --

Stratview Research  announces the launch of a new research report on Aerospace & Defense Thermoplastic Composites Market by Aircraft Type (Commercial Aircraft, General Aviation, Military Aircraft, and Others), by Resin Type (PPS, PEEK, PEI, and Others), by Application Type (Interior, Airframe, and Others), by Fiber Type (Carbon Fiber and Glass Fiber), by Process Type (Compression Molding, Injection Molding, AFP/ATL, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023.

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This market report, from Stratview Research, studies the thermoplastic composites market in the global aerospace defense industry over the trend and forecast period of 2012 to 2023. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Thermoplastic Composites Market in the Global Aerospace & Defense (A&D) Industry: Highlights 

As per Stratview Research, the global A&D thermoplastic composites market offers significant growth opportunities during the forecast period of 2018 to 2023 to reach an estimated value of US$ 636 million in 2023, which offers an opportunity to the composites industry players to align themselves with the market growth.

There are several factors bolstering the growth of thermoplastic composites market in the global aerospace & defense industry. The author of the report cited increasing commercial and regional aircraft deliveries, increasing demand for advanced composites in the structural applications of aircraft, increasing production rates of composites rich aircraft (B787 and A350XWB), increasing demand for thermoplastic composites to fabricate structural and interior parts, and superior benefits of thermoplastic composites including recyclability and reduction in parts count as the key factors that are proliferating the demand for thermoplastic composites in the aerospace & defense industry.