Future Trends in the Aeroengine CFRP Market: What to Expect
The Aeroengine CFRP (Carbon Fiber Reinforced Polymer) Market is set for significant growth. According to Stratview Research, the market size was estimated at US$ 969 Million in 2023 and is likely to grow at an impressive CAGR of 5.1%, in the long run, to reach US$ 1,609 Million by 2030. Key trends include increased adoption of lightweight materials, advancements in manufacturing processes, and a focus on sustainable aviation. Regional Analysis shows that North America is expected to remain the largest market for Aeroengine CFRPs during the forecast period.