Highlights from the briefing: The Indian composite materials market was estimated at US$ 1.26 Billion in 2021 and is likely to grow at a healthy CAGR of 6.9% over the next five years to reach US$ 2.01 billion in 2027. This equates to the consumption of 511.9 kilotons of composite materials in 2021 and 768.2 kilotons in 2027. Both glass fiber suppliers, Owens Corning and Goa Glass Fibre Limited, grew at a low-end single-digit rate in the year 2020. The composite consumption per capita was merely 0.37 kg in India in 2021, which is quite lower before the matured markets, such as the USA with 11.5 kg and Germany with 7.7 kg Subscribe to receive more such critical insights on the emerging trends in the Composites Industry, straight to your inbox. Click download to access the complete presentation.
Get critical insights into the most talked-about revolution in the mobility industry - The Urban Air Mobility(UAM) Revolution, and discover the role of Composites in making this revolution a success. Click download to access the complete presentation. Quicker, greener, and quieter than the present-day transport alternatives, Electric Vertical Take-Off & Landing Aircraft, or simply eVTOLs are about to bring the next big leap in urban transportation. With an estimated production rate of 20,000+ units annually by 2040, several supersized opportunities are expected to emerge from this new vertical. Owing to the entire eVTOL industry's commitment towards lightweighting, the Composites Industry will be presented with a heap of demand with the advancement of the eVTOL industry. The demand for Composite Materials from the eVTOL industry is expected to be ~85 million lbs by the year 2040. Learn more about the opportunities emerging for the Composites Industry from the UAM Revolution, in our latest market briefing. Subscribe to receive more critical insights on the emerging trends in the mobility industry, straight to your inbox.
With the growing demand for air travel and increasing passenger expectations, airlines are continuously looking for ways to enhance the flying experience for their customers. The increased inclination of the passengers towards comfort and improved aesthetics is consistently pushing the Aircraft Interiors Market forward and the market is expected to reach ~19.5 bn USD in 2027. From comfortable seating and personalized in-flight entertainment systems to state-of-the-art cabin lighting and advanced lavatory systems, airlines are constantly evolving to meet the needs of the passengers. Ideal for stakeholders in the Aircraft Interiors Market, this briefing presents several key insights and provides a high-level breakdown of the entire market. An analysis under the following heads has been presented: How big is the overall market and what does the future trajectory look like? Key focus areas in product development. Presence of key payers across different product verticals. Regional analysis & more. Click on download to have all the insighs delivered straight to your inbox.;