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Aerospace Materials Market - A Global and Regional Analysis: Focus on Aircraft Type, Type, and Country-Level Analysis - Analysis and Forecast, 2023-2033

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  • December 2023
  • Region: Global
  • BIS Research
  • ID: 5917863
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The global market for aerospace materials has undergone significant growth, propelled by various reasons and key driving factors. A primary contributor to this expansion is the continuous expansion and modernization of the aerospace industry. The rising demand for aircraft that are both more fuel-efficient and technologically advanced has created a heightened need for innovative materials capable of enhancing performance, reducing weight, and improving overall efficiency. Aerospace materials play a crucial role in the design and manufacturing of various aircraft components, spanning from structural elements to advanced composites utilized in aircraft interiors. This contributes to the overall development of lighter and more durable aircraft.

Advancements in material science and engineering have played a pivotal role in fuelling the growth of the aerospace materials market. Ongoing research and development endeavours have resulted in the creation of novel materials boasting improved strength-to-weight ratios, enhanced thermal resistance, and superior corrosion resistance, meeting the stringent requirements of the aerospace sector. The development of high-performance composites, titanium alloys, and advanced coatings has empowered manufacturers to enhance the structural integrity of aircraft while concurrently reducing their weight, ultimately leading to improved fuel efficiency. Furthermore, with aerospace companies prioritizing sustainability and environmental considerations, there is a growing focus on materials offering recycling capabilities and reduced environmental impact. These technological advancements and the pursuit of more eco-friendly materials are anticipated to persistently drive the growth of the global aerospace materials market in the foreseeable future.

Market Segmentation:

Segmentation 1: by Aircraft Type

  • Commercial Aircraft
  • Military Aircraft
  • Business and General Aviation
  • Helicopter
  • Others

Segmentation 2: by Type

  • Aluminum Alloys
  • Titanium Alloys
  • Steel Alloys
  • Super Alloys
  • Composites
  • Others

Segmentation 3: by Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest-of-the-World

Some prominent players established in this market are:

  • Toray Industries, Inc.
  • Hexcel
  • Lee Aerospace, Inc.
  • Solvay S.A.

Key Questions Answered in this Report:

  • What are the main factors driving the demand for global aerospace materials market?
  • What are the major patents filed by the companies active in the global aerospace materials market?
  • What are the strategies adopted by the key companies to gain a competitive edge in aerospace materials industry?
  • What is the futuristic outlook for the aerospace materials industry in terms of growth potential?
  • Which application, and product segment is expected to lead the market over the forecast period (2023-2033)?
  • Which region and country is expected to lead the market over the forecast period (2023-2033)?
This product will be updated with the latest data at the time of order. Consequently, dispatch time for this product will be 7-10 business days.

Table of Contents

Executive SummaryScope and DefinitionMarket and Product DefinitionKey Questions AnsweredAnalysis and Forecast Note
1. Markets: Industry Outlook
1.1 Trends: Current and Future Impact Assessment
1.2 Supply Chain Overview
1.2.1 Value Chain Analysis
1.2.2 Market Map
1.2.3 Pricing Forecast
1.3 R&D Review
1.3.1 Patent Filing Trend by Country and by Company
1.4 Regulatory Landscape
1.5 Stakeholder Analysis
1.5.1 Use Case
1.5.2 End User and Buying Criteria
1.6 Impact Analysis for Key Global Events- COVID-19, Russia/Ukraine or Middle East Crisis
1.7 Market Dynamics Overview
1.7.1 Market Drivers
1.7.2 Market Restraints
1.7.3 Market Opportunities
2. Applications
2.1 Application Segmentation
2.2 Application Summary
2.3 Global Aerospace Materials Market (by Aircraft Type)
2.3.1 Commercial Aircraft
2.3.2 Military Aircraft
2.3.3 Business and General Aviation
2.3.4 Helicopter
2.3.5 Others
3. Products
3.1 Product Segmentation
3.2 Product Summary
3.3 Global Aerospace Materials Market (by Type)
3.3.1 Aluminum Alloys
3.3.2 Titanium Alloys
3.3.3 Steel Alloys
3.3.4 Super Alloys
3.3.5 Composites
3.3.6 Others
4. Regions
4.1 Regional Summary
4.1.1 Global Aerospace Materials Market, by Region, (Kilo Ton), 2022-2033
4.1.2 Global Aerospace Materials Market, by Region, ($ Million), 2022-2033
4.2 Drivers and Restraints
4.3 North America
4.3.1 Key Market Participants in North America
4.3.2 Business Drivers
4.3.3 Business Challenges
4.3.4 Applications
4.3.4.1 North America Aerospace Materials Market, by Aircraft Type, (Kilo Ton), 2022-2033
4.3.4.2 North America Aerospace Materials Market, by Aircraft Type, ($ Million), 2022-2033
4.3.5 Products
4.3.5.1 North America Aerospace Materials Market, by Type, (Kilo Ton), 2022-2033
4.3.5.2 North America Aerospace Materials Market, by Type, ($ Million), 2022-2033
4.3.6 North America Aerospace Materials Market (by Country)
4.3.6.1 U.S.
4.3.6.1.1 U.S. Aerospace Materials Market, by Aircraft Type, (Kilo Ton), 2022-2033
4.3.6.1.2 U.S. Aerospace Materials Market, by Aircraft Type, ($ Million), 2022-2033
4.3.6.1.3 U.S. Aerospace Materials Market, by Type, (Kilo Ton), 2022-2033
4.3.6.1.4 U.S. Aerospace Materials Market, by Type, ($ Million), 2022-2033
4.3.6.2 Canada
4.3.6.2.1 Canada Aerospace Materials Market, by Aircraft Type, (Kilo Ton), 2022-2033
4.3.6.2.2 Canada Aerospace Materials Market, by Aircraft Type, ($ Million), 2022-2033
4.3.6.2.3 Canada Aerospace Materials Market, by Type, (Kilo Ton), 2022-2033
4.3.6.2.4 Canada Aerospace Materials Market, by Type, ($ Million), 2022-2033
4.3.6.3 Mexico
4.3.6.3.1 Mexico Aerospace Materials Market, by Aircraft Type, (Kilo Ton), 2022-2033
4.3.6.3.2 Mexico Aerospace Materials Market, by Aircraft Type, ($ Million), 2022-2033
4.3.6.3.3 Mexico Aerospace Materials Market, by Type, (Kilo Ton), 2022-2033
4.3.6.3.4 Mexico Aerospace Materials Market, by Type, ($ Million), 2022-2033
4.4 Europe
4.4.1 Key Market Participants in Europe
4.4.2 Business Drivers
4.4.3 Business Challenges
4.4.4 Applications
4.4.4.1 Europe Aerospace Materials Market, by Aircraft Type, (Kilo Ton), 2022-2033
4.4.4.2 Europe Aerospace Materials Market, by Aircraft Type, ($ Million), 2022-2033
4.4.5 Products
4.4.5.1 Europe Aerospace Materials Market, by Type, (Kilo Ton), 2022-2033
4.4.5.2 Europe Aerospace Materials Market, by Type, ($ Million), 2022-2033
4.4.6 Europe Aerospace Materials Market (by Country)
4.4.6.1 Germany
4.4.6.1.1 Germany Aerospace Materials Market, by Aircraft Type, (Kilo Ton), 2022-2033
4.4.6.1.2 Germany Aerospace Materials Market, by Aircraft Type, ($ Million), 2022-2033
4.4.6.1.3 Germany Aerospace Materials Market, by Type, (Kilo Ton), 2022-2033
4.4.6.1.4 Germany Aerospace Materials Market, by Type, ($ Million), 2022-2033
4.4.6.2 France
4.4.6.2.1 France Aerospace Materials Market, by Aircraft Type, (Kilo Ton), 2022-2033
4.4.6.2.2 France Aerospace Materials Market, by Aircraft Type, ($ Million), 2022-2033
4.4.6.2.3 France Aerospace Materials Market, by Type, (Kilo Ton), 2022-2033
4.4.6.2.4 France Aerospace Materials Market, by Type, ($ Million), 2022-2033
4.4.6.3 Russia
4.4.6.3.1 Russia Aerospace Materials Market, by Aircraft Type, (Kilo Ton), 2022-2033
4.4.6.3.2 Russia Aerospace Materials Market, by Aircraft Type, ($ Million), 2022-2033
4.4.6.3.3 Russia Aerospace Materials Market, by Type, (Kilo Ton), 2022-2033
4.4.6.3.4 Russia Aerospace Materials Market, by Type, ($ Million), 2022-2033
4.4.6.4 Spain
4.4.6.4.1 Spain Aerospace Materials Market, by Aircraft Type, (Kilo Ton), 2022-2033
4.4.6.4.2 Spain Aerospace Materials Market, by Aircraft Type, ($ Million), 2022-2033
4.4.6.4.3 Spain Aerospace Materials Market, by Type, (Kilo Ton), 2022-2033
4.4.6.4.4 Spain Aerospace Materials Market, by Type, ($ Million), 2022-2033
4.4.6.5 U.K.
4.4.6.5.1 U.K. Aerospace Materials Market, by Aircraft Type, (Kilo Ton), 2022-2033
4.4.6.5.2 U.K. Aerospace Materials Market, by Aircraft Type, ($ Million), 2022-2033
4.4.6.5.3 U.K. Aerospace Materials Market, by Type, (Kilo Ton), 2022-2033
4.4.6.5.4 U.K. Aerospace Materials Market, by Type, ($ Million), 2022-2033
4.4.6.6 Rest-of-Europe
4.4.6.6.1 Rest-of-Europe Aerospace Materials Market, by Aircraft Type, (Kilo Ton), 2022-2033
4.4.6.6.2 Rest-of-Europe Aerospace Materials Market, by Aircraft Type, ($ Million), 2022-2033
4.4.6.6.3 Rest-of-Europe Aerospace Materials Market, by Type, (Kilo Ton), 2022-2033
4.4.6.6.4 Rest-of-Europe Aerospace Materials Market, by Type, ($ Million), 2022-2033
4.5 Asia-Pacific
4.5.1 Key Market Participants in Asia-Pacific
4.5.2 Business Drivers
4.5.3 Business Challenges
4.5.4 Applications
4.5.4.1 Asia-Pacific Aerospace Materials Market, by Aircraft Type, (Kilo Ton), 2022-2033
4.5.4.2 Asia-Pacific Aerospace Materials Market, by Aircraft Type, ($ Million), 2022-2033
4.5.5 Products
4.5.5.1 Asia-Pacific Aerospace Materials Market, by Type, (Kilo Ton), 2022-2033
4.5.5.2 Asia-Pacific Aerospace Materials Market, by Type, ($ Million), 2022-2033
4.5.6 Asia-Pacific Aerospace Materials Market (by Country)
4.5.6.1 China
4.5.6.1.1 China Aerospace Materials Market, by Aircraft Type, (Kilo Ton), 2022-2033
4.5.6.1.2 China Aerospace Materials Market, by Aircraft Type, ($ Million), 2022-2033
4.5.6.1.3 China Aerospace Materials Market, by Type, (Kilo Ton), 2022-2033
4.5.6.1.4 China Aerospace Materials Market, by Type, ($ Million), 2022-2033
4.5.6.2 Japan
4.5.6.2.1 Japan Aerospace Materials Market, by Aircraft Type, (Kilo Ton), 2022-2033
4.5.6.2.2 Japan Aerospace Materials Market, by Aircraft Type, ($ Million), 2022-2033
4.5.6.2.3 Japan Aerospace Materials Market, by Type, (Kilo Ton), 2022-2033
4.5.6.2.4 Japan Aerospace Materials Market, by Type, ($ Million), 2022-2033
4.5.6.3 India
4.5.6.3.1 India Aerospace Materials Market, by Aircraft Type, (Kilo Ton), 2022-2033
4.5.6.3.2 India Aerospace Materials Market, by Aircraft Type, ($ Million), 2022-2033
4.5.6.3.3 India Aerospace Materials Market, by Type, (Kilo Ton), 2022-2033
4.5.6.3.4 India Aerospace Materials Market, by Type, ($ Million), 2022-2033
4.5.6.4 South Korea
4.5.6.4.1 South Korea Aerospace Materials Market, by Aircraft Type, (Kilo Ton), 2022-2033
4.5.6.4.2 South Korea Aerospace Materials Market, by Aircraft Type, ($ Million), 2022-2033
4.5.6.4.3 South Korea Aerospace Materials Market, by Type, (Kilo Ton), 2022-2033
4.5.6.4.4 South Korea Aerospace Materials Market, by Type, ($ Million), 2022-2033
4.5.6.5 Rest-of-Asia-Pacific
4.5.6.5.1 Rest-of-Asia-Pacific Aerospace Materials Market, by Aircraft Type, (Kilo Ton), 2022-2033
4.5.6.5.2 Rest-of-Asia-Pacific Aerospace Materials Market, by Aircraft Type, ($ Million), 2022-2033
4.5.6.5.3 Rest-of-Asia-Pacific Aerospace Materials Market, by Type, (Kilo Ton), 2022-2033
4.5.6.5.4 Rest-of-Asia-Pacific Aerospace Materials Market, by Type, ($ Million), 2022-2033
4.6 Rest-of-the-World
4.6.1 Key Market Participants in Rest-of-the-World
4.6.2 Business Drivers
4.6.3 Business Challenges
4.6.4 Applications
4.6.4.1 Rest-of-the-World Aerospace Materials Market, by Aircraft Type, (Kilo Ton), 2022-2033
4.6.4.2 Rest-of-the-World Aerospace Materials Market, by Aircraft Type, ($ Million), 2022-2033
4.6.5 Products
4.6.5.1 Rest-of-the-World Aerospace Materials Market, by Type, (Kilo Ton), 2022-2033
4.6.5.2 Rest-of-the-World Aerospace Materials Market, by Type, ($ Million), 2022-2033
4.6.6 Rest-of-the-World Aerospace Materials Market (by Region)
4.6.6.1 Middle East and Africa
4.6.6.1.1 Middle East and Africa Aerospace Materials Market, by Aircraft Type, (Kilo Ton), 2022-2033
4.6.6.1.2 Middle East and Africa Aerospace Materials Market, by Aircraft Type, ($ Million), 2022-2033
4.6.6.1.3 Middle East and Africa Aerospace Materials Market, by Type, (Kilo Ton), 2022-2033
4.6.6.1.4 Middle East and Africa Aerospace Materials Market, by Type, ($ Million), 2022-2033
4.6.6.2 South America
4.6.6.2.1 South America Aerospace Materials Market, by Aircraft Type, (Kilo Ton), 2022-2033
4.6.6.2.2 South America Aerospace Materials Market, by Aircraft Type, ($ Million), 2022-2033
4.6.6.2.3 South America Aerospace Materials Market, by Type, (Kilo Ton), 2022-2033
4.6.6.2.4 South America Aerospace Materials Market, by Type, ($ Million), 2022-2033
5. MARKETS - Competitive Benchmarking and Company Profiles
5.1 Competitive Benchmarking
5.2 Company Profiles
5.2.1 Toray Industries, Inc.
5.2.1.1 Overview
5.2.1.2 Top Products / Product Portfolio
5.2.1.3 Top Competitors
5.2.1.4 Target Customers /End-Users
5.2.1.5 Key Personnel
5.2.1.6 Analyst View
5.2.1.7 Market Share
5.2.2 Solvay S.A.
5.2.2.1 Overview
5.2.2.2 Top Products / Product Portfolio
5.2.2.3 Top Competitors
5.2.2.4 Target Customers /End-Users
5.2.2.5 Key Personnel
5.2.2.6 Analyst View
5.2.2.7 Market Share
5.2.3 Dupont De Nemours, Inc.
5.2.3.1 Overview
5.2.3.2 Top Products / Product Portfolio
5.2.3.3 Top Competitors
5.2.3.4 Target Customers /End-Users
5.2.3.5 Key Personnel
5.2.3.6 Analyst View
5.2.3.7 Market Share
5.2.4 Alcoa Corporation
5.2.4.1 Overview
5.2.4.2 Top Products / Product Portfolio
5.2.4.3 Top Competitors
5.2.4.4 Target Customers /End-Users
5.2.4.5 Key Personnel
5.2.4.6 Analyst View
5.2.4.7 Market Share
5.2.5 Teijin Limited
5.2.5.1 Overview
5.2.5.2 Top Products / Product Portfolio
5.2.5.3 Top Competitors
5.2.5.4 Target Customers /End-Users
5.2.5.5 Key Personnel
5.2.5.6 Analyst View
5.2.5.7 Market Share
5.2.6 Constellium SE
5.2.6.1 Overview
5.2.6.2 Top Products / Product Portfolio
5.2.6.3 Top Competitors
5.2.6.4 Target Customers /End-Users
5.2.6.5 Key Personnel
5.2.6.6 Analyst View
5.2.6.7 Market Share
5.2.7 Kobe Steel, Ltd.
5.2.7.1 Overview
5.2.7.2 Top Products / Product Portfolio
5.2.7.3 Top Competitors
5.2.7.4 Target Customers /End-Users
5.2.7.5 Key Personnel
5.2.7.6 Analyst View
5.2.7.7 Market Share
5.2.8 Novelis
5.2.8.1 Overview
5.2.8.2 Top Products / Product Portfolio
5.2.8.3 Top Competitors
5.2.8.4 Target Customers /End-Users
5.2.8.5 Key Personnel
5.2.8.6 Analyst View
5.2.8.7 Market Share
5.2.9 Hexcel
5.2.9.1 Overview
5.2.9.2 Top Products / Product Portfolio
5.2.9.3 Top Competitors
5.2.9.4 Target Customers /End-Users
5.2.9.5 Key Personnel
5.2.9.6 Analyst View
5.2.9.7 Market Share
5.2.10 Titanium Metals Corporation
5.2.10.1 Overview
5.2.10.2 Top Products / Product Portfolio
5.2.10.3 Top Competitors
5.2.10.4 Target Customers /End-Users
5.2.10.5 Key Personnel
5.2.10.6 Analyst View
5.2.10.7 Market Share
5.2.11 Vsmpo-Avisma
5.2.11.1 Overview
5.2.11.2 Top Products / Product Portfolio
5.2.11.3 Top Competitors
5.2.11.4 Target Customers /End-Users
5.2.11.5 Key Personnel
5.2.11.6 Analyst View
5.2.11.7 Market Share
5.2.12 SGL Carbon
5.2.12.1 Overview
5.2.12.2 Top Products / Product Portfolio
5.2.12.3 Top Competitors
5.2.12.4 Target Customers /End-Users
5.2.12.5 Key Personnel
5.2.12.6 Analyst View
5.2.12.7 Market Share
5.2.13 Sofitec Aero
5.2.13.1 Overview
5.2.13.2 Top Products / Product Portfolio
5.2.13.3 Top Competitors
5.2.13.4 Target Customers /End-Users
5.2.13.5 Key Personnel
5.2.13.6 Analyst View
5.2.13.7 Market Share
5.2.14 Lee Aerospace, Inc.
5.2.14.1 Overview
5.2.14.2 Top Products / Product Portfolio
5.2.14.3 Top Competitors
5.2.14.4 Target Customers /End-Users
5.2.14.5 Key Personnel
5.2.14.6 Analyst View
5.2.14.7 Market Share
5.2.15 Thyssenkrupp Aerospace
5.2.15.1 Overview
5.2.15.2 Top Products / Product Portfolio
5.2.15.3 Top Competitors
5.2.15.4 Target Customers /End-Users
5.2.15.5 Key Personnel
5.2.15.6 Analyst View
5.2.15.7 Market Share
5.3 Other Key Market Participants
6. Growth Opportunities and Recommendations7. Research Methodology

Companies Mentioned

  • Toray Industries, Inc.
  • Solvay S.A.
  • Dupont De Nemours, Inc.
  • Teijin Limited
  • Constellium SE
  • Kobe Steel, Ltd.
  • Novelis
  • Hexcel
  • Titanium Metals Corporation
  • Vsmpo-Avisma
  • SGL Carbon
  • Sofitec Aero
  • Lee Aerospace, Inc.
  • Thyssenkrupp Aerospace

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About the Aerospace Material Market

The Aerospace Material market is a subset of the Advanced Materials industry, focusing on materials used in the aerospace industry. Aerospace Materials are designed to meet the stringent requirements of the aerospace industry, such as high strength-to-weight ratios, low thermal expansion, and high temperature resistance. These materials are used in the production of aircraft, spacecraft, and satellites, and must meet strict safety and performance standards. Aerospace Materials include metals, alloys, composites, and polymers, as well as specialty materials such as ceramics and superalloys. The Aerospace Material market is driven by the increasing demand for aircraft, spacecraft, and satellites, as well as the need for lighter, more efficient materials. The market is also driven by the development of new technologies, such as 3D printing, which allow for the production of complex components with improved performance. Notable companies in the Aerospace Material market include Boeing, Airbus, Lockheed Martin, Northrop Grumman, Raytheon Technologies, and Honeywell International. Show Less Read more

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