The Aerospace and Defense Materials Market is expected to be around US$ 30.60 Billion by 2028 at a CAGR of 4.24% in the given forecast period.
The extensive use of aerospace & Defense materials may be qualified to environmental necessities and meeting cost for lightweight aircraft, along with upholding necessities for structural integrity. Furthermore, durability is an important aspect of aircraft construction. The main factor responsible for the progress of aerospace and Defense materials market is the growing investment in modernization along with development of combat aircraft fleet in countries. Moreover, the continuous advancement in aircraft materials, high demand for dropping weight for growing fuel efficiency, increasing funds in Defense sector for aircrafts, increasing numbers of commercial aircrafts, along with the huge surge in passenger and freight traffic are acting as major growth drivers for the aerospace and Defense materials market. The rising number of cargo and commercial fleets around the globe is also helping the market to grow. The growth in the replacement of aging aircraft has led to a boost in new aircraft manufacturing, which in turn is expected to drive the development of the market. The market is expected to witness growing demand for lightweight materials in an attempt to recover the environmental and cost-efficiency performance of aircraft.
The global Aerospace and Defense Materials market is segregated on the basis of Product Outlook as Aluminum, Titanium, Composites, Superalloys, Steel, Plastics, and Others. Based on Application Outlook the global Aerospace and Defense Materials market is segmented in Aero structure, Components, Cabin Interiors, Propulsion System, Equipment, System & Support, Satellites, Construction & Insulation Components, and Construction & Insulation Components. Based on End-use Outlook the global Aerospace and Defense Materials market is segmented in Commercial, Business & General Aviation, Military, and Others.
The global Aerospace and Defense Materials market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Aerospace and Defense Materials market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Alcoa Corporation, Arconic, ATI, Constellium, Hexcel Corporation, Novelis Inc., SGL Carbon, Solvay, Teijin Carbon Europe GmbH, thyssenkrupp Aerospace Germany GmbH, and others are among the major players in the global Aerospace and Defense Materials market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Aerospace and Defense Materials Market has been segmented as below:
Aerospace and Defense Materials Market, By Product Outlook
Aerospace and Defense Materials Market, By Application Outlook
Aerospace and Defense Materials Market, By End-use Outlook
Aerospace and Defense Materials Market, By Region
Aerospace and Defense Materials Market, By Company
The report covers:
Report Scope:
The global Aerospace and Defense Materials market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Aerospace and Defense Materials market share. Major industry players with significant revenue share include Alcoa Corporation, Arconic, ATI, Constellium, Hexcel Corporation, Novelis Inc., SGL Carbon, Solvay, Teijin Carbon Europe GmbH, thyssenkrupp Aerospace Germany GmbH, and others.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Challenges
5. Aerospace and Defense Materials Market, By Product Outlook
5.1. Key Points
5.2. Aluminum
5.3. Titanium
5.4. Composites
5.5. Superalloys
5.6. Steel
5.7. Plastics
5.8. Others
6. Aerospace and Defense Materials Market, By Application Outlook
6.1. Key Points
6.2. Aero structure
6.3. Components
6.4. Cabin Interiors
6.5. Propulsion System
6.6. Equipment, System & Support
6.7. Satellites
6.8. Construction & Insulation Components
6.9. Construction & Insulation Components
7. Aerospace and Defense Materials Market, By End-use Outlook
7.1. Key Points
7.2. Commercial
7.3. Business & General Aviation
7.4. Military
7.5. Others
8. Competitive Landscape
8.1. Introduction
8.2. Recent Developments
8.2.1. Mergers & Acquisitions
8.2.2. New Product Developments
8.2.3. Portfolio/Production Capacity Expansions
8.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
8.2.5. Others
9. Company Profiles
9.1 Alcoa Corporation
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2 Arconic
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 ATI
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 Constellium
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 Hexcel Corporation
9.5.1 Company Overview
9.5.2 Product/Service Landscape
9.5.3 Financial Overview
9.5.4 Recent Developments
9.6 Novelis Inc.
9.6.1 Company Overview
9.6.2 Product/Service Landscape
9.6.3 Financial Overview
9.6.4 Recent Developments
9.7 SGL Carbon
9.7.1 Company Overview
9.7.2 Product/Service Landscape
9.7.3 Financial Overview
9.7.4 Recent Developments
9.8 Solvay
9.8.1 Company Overview
9.8.2 Product/Service Landscape
9.8.3 Financial Overview
9.8.4 Recent Developments
9.9 Teijin Carbon Europe GmbH
9.9.1 Company Overview
9.9.2 Product/Service Landscape
9.9.3 Financial Overview
9.9.4 Recent Developments
9.10 thyssenkrupp Aerospace Germany GmbH
9.10.1 Company Overview
9.10.2 Product/Service Landscape
9.10.3 Financial Overview
9.10.4 Recent Developments
The Aerospace and Defense Materials Market has been segmented as below:
Aerospace and Defense Materials Market, By Product Outlook
Aerospace and Defense Materials Market, By Application Outlook
Aerospace and Defense Materials Market, By End-use Outlook
Aerospace and Defense Materials Market, By Region
Aerospace and Defense Materials Market, By Company
