The global AFP/ATL Composites Market size is projected to reach US$3.1 billion by 2026, witnessing a market growth CAGR of 10.8% from 2021 to 2026, according to an analysis by Stratview Research.
Stratview Research, a global market research firm, has launched a report on the global AFP/ATL Composites Market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
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Market Statistics
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Market Size in 2026 |
US$3.1 billion |
|
Growth (CAGR) |
10.8% during 2021-2026 |
|
Leading Resin Type |
Thermoset Composites |
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Leading Automation Type |
AFP Composite |
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Leading Region |
North-America |
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Forecast Period |
2021-2026 |
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Trend Period |
2014-2019 |
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Base Year |
2020 |
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Number of Segments Covered |
3 |
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Number of Tables & Graphs |
100+ |
|
Country-Level Market Assessment |
20 |
Segment Insights & Market Share Analysis of the AFP/ATL Composites Market:
The global AFP/ATL Composites Market is segmented based on resin type, automation type, and region.
Based on the resin type, the AFP/ATL composites market is segmented as thermoset composites and thermoplastic composites. Thermoset composites are expected to remain the most dominant material type in the market during the forecast period, whereas thermoplastic composite is expected to experience faster growth during the same period. All major aircraft AFP/ATL composite applications, such as fuselage and wings, are manufactured using carbon epoxy composites. Also, thermoset composites are widely used in key automotive applications such as roofs, bumpers, body frames, and enclosures for battery packs.
Based on the automation type, the market is segmented as AFP composites and ATL composites. AFP composite is expected to remain the larger and the faster-growing segment of the market during the forecast period. AFP achieves greater precision over ATL and fulfills flexible part design requirements as well as being an effective technique for shorter course placements.
To know the most attractive segments, click here for a free sample of the report:
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Which Region Shows the Most Promising Growth Forecast and Opportunity?
Competitive Landscape: Top Companies in the AFP/ATL Composites Market:
The market for AFP/ATL composites is gradually consolidating, with the leading companies engaged in M&A activities. Also, private equity firms are keenly investing in the industry by acquiring mid- to small-sized companies. For instance, Spirit AeroSystems acquired the select assets of Bombardier Aerostructures and aftermarket service businesses in Belfast, Northern Ireland; Casablanca, Morocco; and Dallas, the United States. Along with the acquisition of these three sites, the company also acquired the complete work package for the A220 wing manufacturing process and technology.
The supply chain of this market comprises several nodes including raw material suppliers, prepreg manufacturers, AFP/ATL composite part manufacturers, distributors, and OEMs. The following are the key players in the AFP/ATL composites market.
Development of systems with greater layup rate, expansion in untapped and growing markets, and execution of mergers & acquisitions are the key strategies adopted by the major players to gain a competitive edge in the market.
Note: The above list does not necessarily include all the top players in the market.
What Deliverables Will You Get in this Report?
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Key questions this report answers |
Relevant contents in the report |
|
How big is the sales opportunity? |
In-depth analysis of the AFP/ATL Composites Market |
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How lucrative is the future? |
Market forecast and trend data and emerging trends |
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Which regions offer the best sales opportunities? |
Global, regional, and country-level historical data and forecasts |
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Which are the most attractive market segments? |
Market segment analysis and forecast |
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Who are the top players and their market positioning? |
Competitive landscape analysis, Market share analysis |
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How complex is the business environment? |
Porter’s five forces analysis, PEST analysis, Life cycle analysis |
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What are the factors affecting the market? |
Drivers & challenges |
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Will I get the information on my specific requirements? |
10% free customization |
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - [email protected]
Related Reports:
Aircraft AFP/ALT Composites Market
About us –
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
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