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Aircraft Decorative Laminates Market is Forecast to Reach US$ 364 Million in 2028, Says Stratview Research.
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is segmented by
The aircraft decorative laminates market is segmented into narrow-body aircraft, wide-body aircraft, regional aircraft, and general aviation. Despite being largely affected by the pandemic, during the forecast period. An expected increase in production rates of key aircraft programs, such as the A320 family and A220; re-entry of B737Max; and introduction of variants of existing and upcoming aircraft programs, such as A321XLR, Irkut MC-21, and COMAC C919, are likely to create a strong demand for decorative laminates in the narrow-body aircraft segment over the next five years.
The market is segmented as interior panels, overhead stowage bins, seats, galleys, and others. during the forecast period, owing to the larger surface area of sidewall panels and ceiling panels. Moreover, the on account of the development of advanced, lightweight, and compact seats and the growing trend of installing premium economy-class seats and smart cabin seats.
The market is segmented into film laminate and reinforced laminate. during the forecast period owing to its suitability for application in complex 3D shapes of aircraft interior structures. It offers superior formability which provides the ability to be bent and apply it over to any complex curves. In addition, they are also cheaper than reinforced laminates.
The market is segmented as OE and aftermarket. during the forecast period on account of the presence of a large number of airlines across the world, which are generating robust demand for the replacement of cabin interior components.
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The report suggests that during the forecast period.
This growth is majorly attributed to the following –
Moreover, owing to the projected huge growth in air passenger traffic, the emergence of new commercial aircraft OEM (COMAC), and the opening of new assembly plants of Boeing and Airbus in the region.
Some of the key drivers listed in the report are given below.
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The following are the key players in the aircraft decorative laminates market. Most of the major players are providing decorative laminates to other industries too.
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