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Composites

Soaring prospects for aerospace industry

The aerospace sector is currently consuming 35,200 tonnes of CFRP annually, about a third of global CFRP production.

3rd August 2017

Innovation in Textiles
 |  Stuttgart

Transport/​Aerospace

The aerospace sector is currently consuming 35,200 tonnes of CFRP annually, about a third of global CFRP production. Forecasts predict that quantity to almost double to about 65,000 tonnes by 2022. The Composites Market Report 2016 issued by the industry association Composites Germany shows that the mood in the industry is correspondingly buoyant. Right now, 34% of surveyed companies expect growth in this application area, while just two per cent believe the market will worsen in future.

Read the full article on our Inside Composites website

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