Good news for us here at Cord Master! A sizable portion of our sales each year are to the global aerospace market. MarketWatch is forecasting compound annual growth of the global aerospace materials market of 7.4% from 2014-2022. If demand for aerospace materials is up, demand for products we manufacture like low smoke zero halogen (LSZH) cords should be up as well.
Global Aerospace Materials Market Revenue Growth
“The global aerospace materials market is segmented on material types, aircraft types and region. Depending on the material type the market is segmented into five types namely Aluminium Alloys, Steel Alloys, Titanium Alloys, Super Alloys and Composite Materials. Based On aircraft types aerospace materials market is divided into Commercial Aircraft, Military Aircraft, Business & General Aviation, Helicopters and Others.”