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Technavio’s market research analyst predicts that the global commercial airframe component market will grow at a steady CAGR of over 4% during the forecast period. One of the key drivers contributing to the growth of this market is the use of composite materials. Until recently, airframes were constructed with aluminum and steel. However, with recent technological advancements, manufacturers have been able to introduce high-performance composites like carbon fibers, which are stiff. Continual improvements and the increased availability and use of these fibers will propel market growth during the forecast period.