Global Aerospace Materials Market – Global Industry Analysis and Forecast (2017-2024)
Global Aerospace Materials Market is expected to reach USD 29.54 Billion by 2024 from USD 18.64 Billion in 2016 at a CAGR of 6.8%.
Aerospace Materials Market is segmented into type, aircraft type, and geography.
Based on the type, Aerospace Materials Market is classified into aluminium alloys, titanium alloys, steel alloys, composite materials, super alloys, and others. Aluminium alloys segment is expected to be one of the major contributors for the market growth during the forecast period due to the large demand for aluminium alloys from aircraft manufacturing industry globally. The Aerospace Materials Market on the basis of aircraft type has been categorized into commercial aircraft, military aircraft, business & general aviation, helicopters, and others. Commercial aircraft segment is expected to hold one of the largest shares of the market during the forecast period. This growth is attributed to the increasing passenger transport and a rise in demand for commercial aircraft.
Major driving factors of the Aerospace Materials Market are increasing demand for aircraft, key players are focusing on compositing solutions to meet the need to reduce weight and raise the fuel efficiency, and aerospace industry is aiming to introduce innovation solution to save cost and time.
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Geographically, the Aerospace Materials Market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is expected to be one of the largest markets for aerospace materials during the forecast period. The U.S. is the major consumer of aerospace materials and the presence of top aircraft manufacturers such as Lockheed Martin, Boeing, and others in the region are driving the market growth.
Key player’s studies, analyzed, profiled and benchmarked in Aerospace Materials Market are Toray Industries, Inc. (Japan), Alcoa Corporation (U.S.), Cytec Solvay group (Belgium), Du Pont (U.S.), Kobe Steel Ltd (Japan), Teijin Ltd. (Japan), ATI Metals. (US), Aleris (US), Constellium N.V (Netherlands), and AMG N.V (Netherlands).
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The Scope of Global Aerospace Materials Market:
Global Aerospace Materials Market, by Type:
• Aluminium Alloys
• Titanium Alloys
• Steel Alloys
• Composite Materials
• Super Alloys
• Others
Global Aerospace Materials Market, by Aircraft Type:
• Commercial Aircraft
• Military Aircraft
• Business & General Aviation
• Helicopters
• Others
Global Aerospace Materials Market, by Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players, Global Aerospace Materials Market:
• Toray Industries, Inc. (Japan)
• Alcoa Corporation (U.S.)
• Cytec Solvay group (Belgium)
• Du Pont (U.S.)
• Kobe Steel Ltd (Japan)
• Teijin Ltd. (Japan)
• ATI Metals. (US)
• Aleris (US)
• Constellium N.V (Netherlands)
• AMG N.V (Netherlands)
MAJOR TOC OF THE REPORT
Chapter One: Aerospace Materials Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Aerospace Materials Market Competition, by Players
Chapter Four: Global Aerospace Materials Market Size by Regions
Chapter Five: North America Aerospace Materials Revenue by Countries
Chapter Six: Europe Aerospace Materials Revenue by Countries
Chapter Seven: Asia-Pacific Aerospace Materials Revenue by Countries
Chapter Eight: South America Aerospace Materials Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Aerospace Materials by Countries
Chapter Ten: Global Aerospace Materials Market Segment by Type
Chapter Eleven: Global Aerospace Materials Market Segment by Application
Chapter Twelve: Global Aerospace Materials Market Size Forecast (2019-2026)
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