The global aerospace composites market size is expected to reach USD 29.69 billion by 2026 exhibiting a CAGR of 9.27% between 2019 and 2026. This is owing to the rapid development of the aerospace market into developing nations of the world. Aerospace composites are made up of two or more constituent parts of plastic supported by carbon fibers. Composites help to strengthen the overall structure of the aircraft, provide fuel efficiency, and improve the overall performance of the aircraft. A recently published report by Fortune Business Insights™ titled, “Aerospace Composites Market Size, Share & Industry Analysis, By Fiber Type

Aerospace Composites Market Size, Share | Global Industry Report 2026
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Aerospace Composites Market Size, Share | Global Industry Report 2026

The global aerospace composites market size was USD 14.66 billion in 2018, and is projected to reach USD 29.69 billion by 2026, exhibiting a CAGR of 9.27% during the forecast period.