TechNavio recognizes the following companies as the key players in Global Aerospace Plastics Market: Hexcel Corp., Mitsubishi Rayon Co. Ltd., TOHO Tenax Co. Ltd., and Toray Industries Inc.
Commenting on the report, an analyst from TechNavio’s team said: “Composite materials are made from a combination of two or more different materials. Nanocomposite materials are derived from the concept of composite materials, with the help of nanotechnology. Both composites and nanocomposites have benefits and improve various parameters like strength and heat resistance of plastics. This increasing research spending and contribution of composite and noncomposite materials is expected to have a high impact on the Global Aerospace Plastics market over the long run.”
According to the report, one of the main drivers in the market is the growth and development of the Aviation industry which needs a continual supply of plastic for various purposes.
Further, the report states that one of the major challenges in this market is the increase in fracture and failure of plastic. The rigidity of plastic makes it a strong material, but at the same time poses a threat to its use in the industry.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-aerospace-plastics-market-2014-2018
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/automotive-and-aerospace
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TechNavio Announces the Publication of its Research Report – Global Aerospace Plastics Market 2014-2018
