Aerospace Materials Market by Type, Aircraft Type and Region - Global Forecast to 2022

  • ID: 4390917
  • Report
  • Region: Global
  • 153 Pages
  • Markets and Markets
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Global Aerospace Materials Market is Projected to Reach USD 25.80 Billion by 2022, at a CAGR of 6.9% from 2017 to 2022

FEATURED COMPANIES

  • Alcoa Corporation.
  • AMI Metals, Inc.
  • Constellium N.V
  • Hexcel Corporation
  • Koninklijke Ten Cate NV
  • SGL Group
  • MORE

"Aerospace Materials Market by Type (Aluminium Alloys, Steel Alloys, Titanium Alloys, Super Alloys, and Composite Materials), Aircraft Type (Commercial Aircraft, Business & General Aviation, Helicopters), and Region - Global Forecast to 2022"

"Demand for modern aircraft is expected to be the major driver for the aerospace materials market."

The global aerospace materials market is projected to reach USD 25.80 billion by 2022, at a CAGR of 6.9% from 2017 to 2022. The demand for next-generation, lightweight, and fuel-efficient aircraft is expected to be the major driver for the aerospace materials market in the near future. The global aerospace industry is experiencing an increase in the passenger air travel segment which is expected to boost aircraft production. This increase will directly influence the growth of the aerospace materials market globally. However, the decline in global defense expenditure and costly MRO services for advanced materials are identified as restraints for the growth of the aerospace materials market during the forecast period.

"Composite materials is the fastest-growing type of aerospace materials"

Composite materials are the most extensively used type of aerospace materials after aluminum. Composite materials are formed by combining two or more distinct materials to achieve superior properties, of which one is a binding material, known as the matrix and the other is a reinforcement material, generally a fiber. The wide use of composites in aerospace materials offers several advantages over traditional materials, such as low weight, increased manufacturing productivity (processing speeds), lower VOC emissions, and better corrosion resistance, among others. Increasing applications in new generation aircraft and rising environmental concerns offer significant growth opportunities for composites in the aircraft manufacturing industry.

"Asia-Pacific is projected to be the fastest-growing aerospace materials market during the forecast period."

Asia-Pacific is projected to be the fastest-growing aerospace materials market, in terms of value and is expected to lead the aerospace materials market during the forecast period. Countries in this region such as China, Japan, and India are witnessing significant increase in the use of aerospace materials. This increase can be attributed to the growing aerospace industry, which is driving the demand for aerospace materials in the region. Japan and India are attracting investors to set up production facilities because of the ease of availability of raw materials and labor at a lower price. The increasing air traffic and number of low-cost carriers in the region are expected to lead to an increased demand for new aircraft in the region during the forecast period. The aerospace materials market is served by various companies that are actively adopting various strategies such as new product development, acquisitions, and joint ventures & partnerships to increase their market shares.

This study was validated through primary interviews conducted with various industry experts globally. These primary sources were divided by company, designation, and region.

  • By Company Type: Tier 1 - 45%, Tier 2 - 22% and Tier 3 - 33%
  • By Designation: C Level - 50%, Director Level - 10%, Others - 40%
  • By Region: Europe - 33%, Middle East & Africa - 25%, North America - 17%, Asia-Pacific - 17%, and South America - 8%

The report also includes company profiles and competitive strategies adopted by major market players such as Toray Industries, Inc. (Japan), Cytec Solvay group (Belgium), Alcoa Corporation (U.S.), Du Pont (U.S.), Kobe Steel Ltd (Japan), and others.

Research Coverage:

The report covers the aerospace materials market and aims at estimating the market size and future growth potential of this market across different segments such as material type, aircraft type, and region. Furthermore, the report also includes an in-depth competitive analysis of the key market players, along with their company profiles, DIVE, recent developments, and key market strategies. The report will help the market leaders/new entrants in this market by providing them the closest approximations of the revenues for the aerospace materials market.

Reasons to Buy this Report:

From an insight perspective, this research report has focused on various levels of analyses - industry analysis (industry trends), market share analysis of top players, and company profiles, which together comprise and discuss basic views on competitive landscape, emerging and high-growth segments of the aerospace materials market, high-growth regions, and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on aerospace materials offered by the top players in the aerospace materials market
  • Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and new product launches in the aerospace materials market
  • Market Development: Comprehensive information about lucrative markets - the report analyzes the markets for aerospace materials across regions
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the aerospace materials market
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the aerospace materials market.
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FEATURED COMPANIES

  • Alcoa Corporation.
  • AMI Metals, Inc.
  • Constellium N.V
  • Hexcel Corporation
  • Koninklijke Ten Cate NV
  • SGL Group
  • MORE

 1 Introduction
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Limitation
    1.7 Stakeholders

2 Research Methodology
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
    2.3 Data Triangulation
    2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
    4.1 Attractive Opportunities in the Aerospace Materials Market
    4.2 Aerospace Materials Market, By Aircraft Type
    4.3 Aerospace Materials Market Share, By Region and Type
    4.4 Aerospace Materials Market Attractiveness

5 Market Overview
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increasing Demand for Lightweight and More Efficient Aircraft
                    5.2.1.2 Increasing Passenger Transportation Due to Affordable Carriers in the Emerging Regions
           5.2.2 Restraints
                    5.2.2.1 Reduced Defense Spending in Developed Economies
                    5.2.2.2 Limited Range of Material Options Owing to Complex Requirements
           5.2.3 Opportunities
                    5.2.3.1 Growing Demand for Commercial Aircraft
           5.2.4 Challenges
                    5.2.4.1 Costly Maintenance, Repair, and Overhaul Services Owing to the Regulatory Standards
    5.3 Porter’s Five Forces Analysis
           5.3.1 Bargaining Power of Suppliers
           5.3.2  Threat of New Entrants
           5.3.3 Threat of Substitutes
           5.3.4 Bargaining Power of Buyers
           5.3.5 Intensity of Competitive Rivalry

6 Aerospace Materials Market, By Type
    6.1 Introduction
    6.2 Revenue Pocket Matrix, By Type
    6.3 Aluminum Alloys
    6.4 Steel Alloys
    6.5 Titanium Alloys
    6.6 Super Alloys
    6.7 Composite Materials
    6.8 Others

7 Aerospace Materials Market, By Aircraft Type
    7.1 Introduction
    7.2 Market Size & Forecast
    7.3 Commercial Aircraft
    7.4 Military Aircraft
    7.5 Business & General Aviation (BGA)
    7.6 Helicopters
    7.7 Other Aircraft Types

8 Aerospace Materials Market, By Region
    8.1 Introduction
    8.2 Asia-Pacific
           8.2.1 China
           8.2.2 Japan
           8.2.3 India
           8.2.4 South Korea
           8.2.5 Indonesia
           8.2.6 Rest of Asia-Pacific
    8.3 Europe
           8.3.1 Western Europe
                    8.3.1.1 Germany
                    8.3.1.2 France
                    8.3.1.3 U.K.
                    8.3.1.4 Italy
                    8.3.1.5 Rest of Western Europe
           8.3.2 Central & Eastern Europe
                    8.3.2.1 Russia
                    8.3.2.2 Turkey
                    8.3.2.3 Rest of Central & Eastern Europe
    8.4 North America
           8.4.1 U.S.
           8.4.2 Canada
           8.4.3 Mexico
    8.5 South America
           8.5.1 Brazil
           8.5.2 Argentina
           8.5.3 Rest of South America
    8.6 Middle East & Africa
           8.6.1 Israel
           8.6.2 UAE
           8.6.3 Rest of Middle East & Africa

9 Dive, Aerospace Materials Market
    9.1 Introduction
           9.1.1 Dynamic
           9.1.2 Innovators
           9.1.3 Vanguards
           9.1.4 Emerging
    9.2 Overview
    9.3 Product Offerings
    9.4 Business Strategy

10 Company Profiles
(Overview, Financial*, Products & Services, Strategy, and Developments)
     10.1 Toray Industries, Inc.
     10.2 Cytec Solvay Group.
     10.3 Du Pont
     10.4 Alcoa Corporation.
     10.5 Teijin Limited
     10.6 ATI Metals.
     10.7 Constellium N.V
     10.8 Kobe Steel Limited
     10.9 Aleris
     10.10 AMG N.V
     10.11 Additional Company Profiles
             10.11.1 Hexcel Corporation
             10.11.2 Koninklijke Ten Cate NV
             10.11.3 Materion Corporation
             10.11.4 Sofitec
             10.11.5 Thyssenkrupp Aerospace
             10.11.6 AMI Metals, Inc.
             10.11.7 Tata Advanced Materials Limited
             10.11.8 Hindalco-Almex Aerospace Limited
             10.11.9 Renegade Materials Corporation
             10.11.10 LEE Aerospace Inc.
             10.11.11 Park Electrochemical Corporation.
             10.11.12 Avdel Private Limited
             10.11.13 SGL Group
             10.11.14 Kaiser Aluminum
             10.11.15 Vsmpo-Avisma Corporation

*Details Might Not Be Captured in Case of Unlisted Companies.

List of Tables
Table 1 Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 2 Aerospace Materials Market Size, By Type, 2015-2022 (Kiloton)
Table 3 Aluminum Alloys Market Size, By Region, 2015-2022 (USD Million)
Table 4 Aluminum Alloys Market Size, By Region, 2015-2022 (Kiloton)
Table 5 Steel Alloys Market Size, By Region, 2015-2022 (USD Million)
Table 6 Steel Alloys Market Size, By Region, 2015-2022 (Kiloton)
Table 7 Titanium Alloys Market Size, By Region, 2015-2022 (USD Million)
Table 8 Titanium Alloys Market Size, By Region, 2015-2022 (Kiloton)
Table 9 Super Alloys Market Size, By Region, 2015-2022 (USD Million)
Table 10 Super Alloys Market Size, By Region, 2015-2022 (Kiloton)
Table 11 Composite Materials Market Size, By Region, 2015-2022 (USD Million)
Table 12 Composite Materials Market Size, By Region, 2015-2022 (Kiloton)
Table 13 Others Market Size, By Region, 2015-2022 (USD Million)
Table 14 Others Market Size, By Region, 2015-2022 (Kiloton)
Table 15 Aerospace Materials Market Size, By Aircraft Type, 2015-2022 (USD Million)
Table 16 Aerospace Materials Market Size, By Aircraft Type, 2015-2022 (Kiloton)
Table 17 Aerospace Materials Market Size in Commercial Aircraft, By Type, 2015-2022 (USD Million)
Table 18 Aerospace Materials Market Size in Commercial Aircraft, By Type, 2015-2022 (Kiloton)
Table 19 Aerospace Materials Market Size in Military Aircraft, By Type, 2015-2022 (USD Million)
Table 20 Aerospace Materials Market Size in Military Aircraft, By Type, 2015-2022 (Kiloton)
Table 21 Aerospace Materials Market Size in Business & General Aviation, By Type, 2015-2022 (USD Million)
Table 22 Aerospace Materials Market Size in Business & General Aviation, By Type, 2015-2022 (Kiloton)
Table 23 Aerospace Materials Market Size in Helicopters, By Type, 2015-2022 (USD Million)
Table 24 Aerospace Materials Market Size in Helicopters, By Type, 2015-2022 (Kiloton)
Table 25 Aerospace Materials Market Size in Other Aircraft Types, By Type, 2015-2022 (USD Million)
Table 26 Aerospace Materials Market Size in Other Aircraft Types, By Type, 2015-2022 (Kiloton)
Table 27 Aerospace Materials Market Size, By Region, 2015-2022 (USD Million)
Table 28 Aerospace Materials Market Size, By Region, 2015-2022 (Kiloton)
Table 29 Asia-Pacific: Aerospace Materials Market Size, By Country, 2015-2022 (USD Million)
Table 30 Asia-Pacific: Aerospace Materials Market Size, By Country, 2015-2022 (Kiloton)
Table 31 Asia-Pacific: Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 32 Asia-Pacific: Aerospace Materials Market Size, By Type, 2015-2022 (Kiloton)
Table 33 China: Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 34 China: Aerospace Materials Market Size, By Type, 2015-2022 (Kiloton)
Table 35 Japan: Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 36 Japan: Aerospace Materials Market Size, By Type, 2015-2022 (Kiloton)
Table 37 India: Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 38 India: Aerospace Materials Market Size, By Type, 2015-2022 (Kiloton)
Table 39 South Korea: Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 40 South Korea: Aerospace Materials Market Size, By Type, 2015-2022 (Kiloton)
Table 41 Indonesia: Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 42 Indonesia: Aerospace Materials Market Size, By Type, 2015-2022 (Kiloton)
Table 43 Rest of Asia-Pacific: Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 44 Rest of Asia-Pacific: Aerospace Materials Market Size, By Type, 2015-2022 (Kiloton)
Table 45 Europe: Aerospace Materials Market Size, By Country, 2015-2022 (USD Million)
Table 46 Europe: Aerospace Materials Market Size, By Country, 2015-2022 (Kiloton)
Table 47 Europe: Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 48 Europe: Aerospace Materials Market Size, By Type, 2015-2022 (Kiloton)
Table 49 Germany: Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 50 Germany: Aerospace Materials Market Size, By Type, 2015-2022 (Kiloton)
Table 51 France: Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 52 France: Aerospace Materials Market Size, By Type, 2015-2022 (Kiloton)
Table 53 U.K.: Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 54 U.K.: Aerospace Materials Market Size, By Type, 2015-2022 (Kiloton)
Table 55 Italy: Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 56 Italy: Aerospace Materials Market Size, By Type, 2015-2022 (Kiloton)
Table 57 Rest of Western Europe: Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 58 Rest of Western Europe: Aerospace Materials Market Size, By Type, 2015-2022 (Kiloton)
Table 59 Russia: Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 60 Russia: Aerospace Materials Market Size, By Type, 2015-2022 (Kiloton)
Table 61 Turkey: Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 62 Turkey: Aerospace Materials Market Size, By Type, 2015-2022 (Kiloton)
Table 63 Rest of Central & Eastern Europe: Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 64 Rest of Central & Eastern Europe: Aerospace Materials Market Size, By Type, 2015-2022 (Kiloton)
Table 65 North America: Aerospace Materials Market Size, By Country, 2015-2022 (USD Million)
Table 66 North America: Aerospace Materials Market Size, By Country, 2015-2022 (Kiloton)
Table 67 North America: Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 68 North America: Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 69 U.S.: Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 70 U.S.: Aerospace Materials Market Size, By Type 2015-2022 (Kiloton)
Table 71 Canada: Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 72 Canada: Aerospace Materials Market Size, By Type, 2015-2022 (Kiloton)
Table 73 Mexico: Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 74 Mexico: Aerospace Materials Market Size, By Type, 2015-2022 (Kiloton)
Table 75 South America: Aerospace Materials Market Size, By Country, 2015-2022 (USD Million)
Table 76 South America: Aerospace Materials Market Size, By Country, 2015-2022 (Kiloton)
Table 77 South America: Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 78 South America: Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 79 Brazil: Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 80 Brazil: Aerospace Materials Market Size, By Type, 2015-2022 (Kiloton)
Table 81 Argentina: Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 82 Argentina: Aerospace Materials Market Size, By Type, 2015-2022 (Kiloton)
Table 83 Rest of South America: Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 84 Rest of South America: Aerospace Materials Market Size, By Type, 2015-2022 (Kiloton)
Table 85 Middle East & Africa: Aerospace Materials Market Size, By Country, 2015-2022 (USD Million)
Table 86 Middle East & Africa: Aerospace Materials Market Size, By Country, 2015-2022 (Kiloton)
Table 87 Middle East & Africa: Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 88 Middle East & Africa: Aerospace Materials Market Size, By Type, 2015-2022 (Kiloton)
Table 89 Israel: Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 90 Israel: Aerospace Materials Market Size, By Type, 2015-2022 (Kiloton)
Table 91 UAE: Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 92 UAE: Aerospace Materials Market Size, By Type, 2015-2022 (Kiloton)
Table 93 Rest of Middle East & Africa: Aerospace Materials Market Size, By Type, 2015-2022 (USD Million)
Table 94 Rest of Middle East & Africa: Aerospace Materials Market Size, By Type, 2015-2022 (Kiloton)

List of Figures
Figure 1 Aerospace Materials Market: Market Segmentation
Figure 2 Aerospace Materials Market: Research Design
Figure 3 Key Data From Secondary Sources
Figure 4 Key Data From Primary Sources
Figure 5 Key Industry Insights
Figure 6 Breakdown of Primary Interviews
Figure 7 Market Size Estimation: Bottom-Up Approach
Figure 8 Market Size Estimation: Top-Down Approach
Figure 9 Aerospace Materials Market: Data Triangulation
Figure 10 Research Assumptions
Figure 11 Titanium Alloys Dominated the Aerospace Materials Market in 2016
Figure 12 Commercial Aircraft to Dominate the Aerospace Materials Market Between 2017 and 2022
Figure 13 Composite Materials to Be the Fastest-Growing Segment in the Aerospace Materials Market Between 2017 and 2022
Figure 14 North America Dominated the Aerospace Materials Market in 2016
Figure 15 Aerospace Materials Market to Witness Healthy Growth During the Forecast Period
Figure 16 Business & General Aviation to Be the Fastest-Growing Segment Between 2017 and 2022
Figure 17 North America Accounted for the Largest Share (Value) of the Global Aerospace Materials Market in 2016
Figure 18 Aerospace Materials Market to Register High Growth in Asia-Pacific Between 2017 and 2022
Figure 19 Factors Governing the Aerospace Materials Market Growth
Figure 20 Impact Analysis
Figure 21 Porter’s Five Forces Analysis for Aerospace Materials Market
Figure 22 Composite Materials to Be the Fastest-Growing Segment of the Aerospace Materials Market, 2017-2022
Figure 23 Composite Materials to Be the Fastest-Growing Type of Aerospace Materials Between 2017 and 2022
Figure 24 North America to Be the Largest Market for Aluminum Alloys Between 2017 and 2022
Figure 25 Asia-Pacific to Be the Fastest-Growing Market Forsteel Alloys During the Forecast Period
Figure 26 Asia-Pacific to Be the Fastest-Growing Market for Titanium Alloys Between 2017 and 2022
Figure 27 North America to Be the Largest Market for Super Alloys Between 2017 and 2022
Figure 28 Asia-Pacific to Be the Fastest-Growing Market for Composite materials Between 2017 and 2022
Figure 29 Europe to Be the Largest Market for Other Aerospace Materials, 2017-2022
Figure 30 Different Types of Aircraft
Figure 31 Commercial Aircraft Type to Be the Largest Segment in the Aerospace Materials Market Between 2017 and 2022
Figure 32 Composite Materials to Be the Fastest-Growing Type Used in the Commercial Aircraft Segment During the Forecast Period
Figure 33 Composite Materials to Be the Fastest-Growing Aerospace Material in the Military Aircraft Segment During the Forecast Period
Figure 34 Titanium Alloys to Be the Largest Segment for Aerospace Materials in Business & General Aviation Segment During the Forecast Period
Figure 35 Aluminium Alloys to Be the Largest Segment for Aerospace Materials in Helicopters During the Forecast Period
Figure 36 Titanium Alloys to Be the Largest Segment for Aerospace Materials in Other Aircraft Types During the Forecast Period
Figure 37 Regional Snapshot: India to Emerge as the Fastest-Growing Market During the Forecast Period
Figure 38 Asia-Pacific Market Snapshot: India to Be Fastest-Growing Market, 2017-2022
Figure 39 Europe Market Snapshot: France to Be Largest Market, in Terms of Value, During Forecast Period
Figure 40 North American Market Snapshot: Mexico to Be the Fastest-Growing Market, 2017-2022
Figure 41 South America Aerospace Materials Market Snapshot: Brazil to Be the Largest Market
Figure 42 Middle East & Africa Market Snapshot 2017-2022
Figure 43 Dive Chart
Figure 44 Toray Industries, Inc.: Company Snapshot
Figure 45 Cytec Solvay Group: Company Snapshot
Figure 46 Du Pont: Company Snapshot
Figure 47 Alcoa Corporation: Company Snapshot
Figure 48 Teijin Limited: Company Snapshot
Figure 49 ATI Metals: Company Snapshot
Figure 50 Constellium N.V: Company Snapshot
Figure 51 Kobe Steel Limited: Company Snapshot
Figure 52 AMG N.V: Company Snapshot

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  • AMG N.V
  • AMI Metals, Inc.
  • ATI Metals.
  • Alcoa Corporation.
  • Aleris
  • Avdel Private Limited
  • Constellium N.V
  • Cytec Solvay Group.
  • Du Pont
  • Hexcel Corporation
  • Hindalco-Almex Aerospace Limited
  • Kaiser Aluminum
  • Kobe Steel Limited
  • Koninklijke Ten Cate NV
  • LEE Aerospace Inc.
  • Materion Corporation
  • Park Electrochemical Corporation.
  • Renegade Materials Corporation
  • SGL Group
  • Sofitec
  • Tata Advanced Materials Limited
  • Teijin Limited
  • Thyssenkrupp Aerospace
  • Toray Industries, Inc.
  • Vsmpo-Avisma Corporation
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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