Global Aerospace Materials
Market Report
2025
Delivery Includes:- Market Timeline 2021 till 2033, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Aerospace Materials will be USD 35.0 billion in 2024 and expand at a compound annual growth rate (CAGR) of 6.8% from 2024 to 2031.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Aerospace Materials Market Sales Revenue | $ 35 Billion | 121212 | 121212 | 121212 | 6.8% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Aircraft Type |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Aerospace Materials industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Aerospace Materials Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Introduction of Aerospace Materials Market The aerospace materials market is a dynamic business that focuses on generating materials that are durable, lightweight, and efficient, which are then used to manufacture various components and systems for aircraft. Aerospace materials are used to build aircraft, spacecraft, and other aerial vehicles and are critical to their safety, performance, and longevity. Several factors drive the aerospace materials market, contributing to the industry's growth and development. The use of lightweight, sustainable materials has increased the demand for efficient, lightweight alloys. Another key reason driving the growth of the aircraft materials market is the expansion of the global aerospace sector, as well as rising demand for air travel and exploration, which has boosted the demand for novel and efficient aerospace materials around the world. Ongoing technical developments, increased R&D investments, and rising demand for air travel and exploration are projected to drive growth in the aerospace materials market.
Market Dynamics of Aerospace Materials Market Key Drivers for Aerospace Materials Market Increased use of lightweight materials - During the projected period, the aerospace materials market is expected to develop due to the increased use of lightweight materials. The usage of lightweight materials emphasizes the need to select the appropriate aeronautical materials for a given application. Materials used in aircraft must be able to survive harsh circumstances such as atmospheric forces, temperature extremes, and UV radiation. For instance, in March 2023, Jamco Corporation, a Japanese aircraft engine and engine components manufacturer, featured its Venture Premium Class Seat, which was developed with sustainability in mind while reducing operational expenses for airlines. Jamco's Venture seat is created with a high percentage of recycled materials, is lighter than typical seats, is simple to install, and requires little overall maintenance. Governmental Initiatives and Investments Key Restraints for Aerospace Materials Market High costs Global Economic Conditions
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In December 2019, Solvay and SGL Carbon signed a joint development agreement (JDA) to commercialize the first composite materials based on large-tow intermediate modulus (IM) carbon fiber. These materials meet the requirement to cut costs and CO2 emissions while improving the manufacturing process and fuel efficiency of next-generation commercial aircraft. (Source: https://www.solvay.com/en/press-release/solvay-and-sgl-carbon-collaborate-develop-highly-competitive-advanced-carbon-fiber)
Top Companies Market Share in Aerospace Materials Industry: (In no particular order of Rank)
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Which Region will dominate the Aerospace Materials Market in 2024? According to Cognitive Market Research, North America is the world's largest aerospace materials market. A significant presence of aerospace manufacturing companies, technical improvements, and increased government funding in aerospace research fuels the region's expansion. The growing need for lightweight, high-performance materials like composites, titanium, and aluminium alloys fuels market expansion. The aerospace materials market in North America is expected to dominate, with long-term growth prospects driven by rising demand for efficient and high-performance materials in aircraft manufacture. Which Region is Expanding at the Fastest CAGR? Asia Pacific is predicted to lead the market with a rapid CAGR over the forecast period. The high number of people who travel by air, along with the increasing number of flights, is pushing up demand for aeroplanes. A significant increase in military air activity is another main reason.
The current report Scope analyzes Aerospace Materials Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Aerospace Materials Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Aerospace Materials Industry growth. Aerospace Materials market has been segmented with the help of its Type, Aircraft Type , and others. Aerospace Materials market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Aerospace Materials Market Type Segment Analysis According to Cognitive Market Research, Aluminum alloys are expected to dominate the category due to their lightweight, high strength-to-weight ratio, and corrosion resistance. Aluminum's use in aeroplane components allows designers to reduce weight and enhance fuel efficiency, making it preferable to steel and other materials. Furthermore, aluminum is widely available and inexpensive, which encourages its use in this business while maintaining excellent quality and performance.
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This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Aerospace Materials from 2019 to 2031. This will also help to analyze the demand for Aerospace Materials across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Aircraft Type of Aerospace Materials are:
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Senior Research Analyst at Cognitive Market Research
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile & Transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
The Global Aerospace Materials Market is witnessing significant growth in the near future.
In 2023, the Aluminum Alloys segment accounted for noticeable share of global Aerospace Materials Market and is projected to experience significant growth in the near future.
The Commercial Aircraft segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Toray Industries , Solvay S.A. (Belgium) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
They have created Hall effect thrusters especially for small spacecraft weighing between one hundred and two hundred kilograms. Additionally, satellites weighing more than 1000 kg can choose from a second group of thrusters called microwave plasma thrusters, which employ water as a propellant. The Russians invented the well-known Hall thruster in the early 1970s. Since then, a lot has changed, and Bellatrix has miniaturized it so that it can fit into even a 50 kg satellite.
Additionally, Bellatrix is developing a green rocket propellant that is non-toxic and is in the qualifying stage.
A significant change is occurring in the global space industry: traditional government-led programs are giving way to a variety of actors, with a greater emphasis on private enterprises.
Disclaimer:
Type | Aluminum Alloys, Titanium Alloys, Steel Alloys, Super Alloys, Composites, Others |
Aircraft Type | Commercial Aircraft, Business & General Aviation, Military Aircraft, Helicopters, Others |
List of Competitors | Toray Industries, Inc. (Japan), Solvay S.A. (Belgium), DuPont de Nemours, Inc. (US), Alcoa Corporation (US), Teijin Limited (Japan), Allegheny Technologies Incorporated (US), Constellium SE (France), Kobe Steel, Ltd. (Japan), AMG N.V. (Netherlands), NOVELIS (US), Hexcel (US) |
This chapter will help you gain GLOBAL Market Analysis of Aerospace Materials. Further deep in this chapter, you will be able to review Global Aerospace Materials Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Aerospace Materials. Further deep in this chapter, you will be able to review North America Aerospace Materials Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Aerospace Materials. Further deep in this chapter, you will be able to review Europe Aerospace Materials Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Aerospace Materials. Further deep in this chapter, you will be able to review Asia Pacific Aerospace Materials Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Aerospace Materials. Further deep in this chapter, you will be able to review South America Aerospace Materials Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Aerospace Materials. Further deep in this chapter, you will be able to review Middle East Aerospace Materials Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Aerospace Materials. Further deep in this chapter, you will be able to review Middle East Aerospace Materials Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Aerospace Materials. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Aircraft Type Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Aerospace Materials market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
Why Aluminum Alloys have a significant impact on Aerospace Materials market? |
What are the key factors affecting the Aluminum Alloys and Titanium Alloys of Aerospace Materials Market? |
What is the CAGR/Growth Rate of Commercial Aircraft during the forecast period? |
By type, which segment accounted for largest share of the global Aerospace Materials Market? |
Which region is expected to dominate the global Aerospace Materials Market within the forecast period? |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Qualitative Data |
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Additional Quantitative Data |
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