Research and Markets: Opportunities for Composite Materials in Aerospace Market to Top $35.8 Billion by 2018

http://www.reuters.com/article/pressRelease/idUS175834+15-Oct-2009+BW20091015

 

The aerospace market has experienced significant growth during the last 5 years
and is expected to reach $301 billion in 2018 with a global growth rate of 5.1%
for the next ten years. The critical success factor for aerospace market is the
increasing demand in developing countries; in addition, the author believes the
most successful companies will be those that can develop application specific,
customer-focused solutions and have the ability to help their customers achieve
long-term business objectives, such as increasing efficiency and lowering costs
with expanded lifetime of the aircraft