Global Aerospace Materials Market
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. 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). 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) This Report Is Submitted By @Maximize Market Research Company Customization of the report: Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities. About Maximize Market Research: Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors. Contact Us: Name: Lumawant Godage Organization: MAXIMIZE MARKET RESEARCH Email: [email protected] Contact: +91 9607365656
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