LucintelForecasts Indian Aerospace and Defense Composite Market to Reach$67.0 million by 2030
LucintelForecasts Indian Aerospace and Defense Composite Market to Reach$67.0 million by 2030
Blog Article
According to the recent study the Indian aerospace and defense composite market is projected to reach an estimated $67.0 million by 2030 from $46.0million in 2023, at a CAGR of 6.0% from 2023 to 2030. Growth in this market is primarily driven by increase in military and defense expenditure, increasing use of lightweight and high performance material and availability of low-cost skilled manpower.
Browse 66 figures / charts and 60 tables in this 162 -page report to understand trends, opportunities and forecast in Indian aerospace and defense composite marketby application (civil aviation, military aviation and spacecraft), and process (RTM/VARTM, filament winding, prepreg lay-up, hand lay-up, injection molding, compression molding and others).
Lucintel forecasts that in the Indian aerospace and defense industry, hand lay-up is expected to remain the largest market by value and volume. Defense will remain the largest application by value and volume.
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Defense will remain the largest application by value and volume. Civil aviation is also expected to witness highest growth over the forecast period.
Hexcel Corporation, Reliance Industries, Toray Industries, and Solvayare the major suppliers in the Indian aerospace and defense compositemarket.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.comTo get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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