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Outlook on the Aircraft Floor Panel Global Market (2020 to 2027) - by Aircraft Type, Material Type, Sales Channel, and End-user

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ResearchAndMarkets.com s offering.
According to this report the market was valued at US$ 646.7 million in 2019 and is projected to reach US$ 1,038.6 million by 2027; it is expected to grow at a CAGR of 8.2% from 2020 to 2027.
The aviation industry is growing at a rapid pace by recording significant production volumes and deliveries of aircraft fleet - for both commercial and military use. The commercial aviation industry has witnessed tremendous growth in the past few years with the emergence of new low-cost carriers (LCCs) and fleet expansion strategies adopted by the full-service carriers (FSCs), and the rising number of air travel passengers and aircraft procurement would further drive the industry in the coming years. Airbus and Boeing are the two aircraft original equipment manufacturers (OEMs) with the largest order volumes and delivery statistics as they continuously supply various aircraft models to different civil air ....

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Aircraft Floor Panel Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Aircraft Type, Material Type, Sales Channel, and End User

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New York, Jan. 26, 2021 (GLOBE NEWSWIRE) Reportlinker.com announces the release of the report Aircraft Floor Panel Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Aircraft Type, Material Type, Sales Channel, and End User - https://www.reportlinker.com/p06010020/?utm source=GNW
Therefore, floor panel manufacturers are designing and developing the lightest possible floor panels for modern aircraft fleet.
Players operating in the aircraft floor panel market are leveraging the light weight nature of Nomex and aluminum honeycomb structures.Both materials are widely used in the construction of aircraft floor panels.
However, Nomex, being 20% lighter than aluminum, is a more preferred material by aircraft manufacturers.Moreover, , the Nomex honeycomb structures have a longer lifespan than aluminum honeycomb. ....

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