Global Aerospace Composites Market: Demand for Fuel Efficiency in Aircrafts to Boost Growth, Says TMR
Nearly 50% of the global aerospace composites market was held by the top three players in 2015. These companies were Hexcel Corporation, Koninklijke Ten Cate, and Cytec Solvay Group. Despite its consolidated vendor landscape, the global aerospace composites market is witnessing moderate threat from new substitutes. Besides this, major players are faced with challenges in raw material processing.