Aerospace Raw Materials Market Report 2025 (Global Edition)

Global Aerospace Raw Materials Market Report 2025 Market Size Split by Aircraft Type (Military Aircraft, Commercial Aircraft, Helicopters, Business & General Aviation, Others), by Material Type (Alumi...

Aerospace Raw Materials Market Report Description

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Competitive Landscape of the Aerospace Raw Materials Market

In the Aerospace Raw Materials Market's competitive landscape, numerous key competitors are driving innovation and growth. These companies specialize in creating materials such as aluminum alloys, titanium alloys, composites, and superalloys that are both high-performing and environmentally efficient. Market rivalry is encouraging technological and material advancements to develop aerospace raw materials that meet both industry's demands and sustainability goals, keeping the market dynamic and competitive.

In August 2024, Researchers at the Massachusetts Institute of Technology (MIT) developed an innovative technique called “nano stitching” that significantly enhances the mechanical properties of composite materials. This method involves embedding aligned carbon nanotubes (CNTs) within the interlaminar regions of polymer composites, effectively addressing the issue of delamination, where layers can separate under stress. (Source: https://www.plasticsengineering.org/2024/08/composites-for-spacecraft-006003/#) In July 2023, Xi’an Bright Laser Technologies Co., Ltd. (BLT) has introduced two new high-strength metal powders designed for Additive Manufacturing: the BLT-AlAM500 aluminium alloy and the BLT-Ti65 titanium alloy. The BLT-Ti65 titanium alloy is designed for use in both Selective Laser Melting (SLM) and Directed Energy Deposition (DED) processes, providing excellent strength and thermal stability at temperatures up to 650°C. (Source: https://www.pm-review.com/blt-launches-high-strength-aluminium-and-titanium-alloys-for-additive-manufacturing/) In February 2023, Mishra Dhatu Nigam Ltd. (MIDHANI) showcased five new nickel and titanium alloys at the Aero-India 2023 exhibition. These high-strength, lightweight, anti-corrosive, and malleable alloys are designed for strategic defense and aerospace applications, as well as various civilian uses. (Source: https://www.thehindu.com/news/national/telangana/midhani-to-display-five-new-nickel-titanium-alloys-at-aero-india-2023-show/article66503865.ece)

Top Companies Market Share in Aerospace Raw Materials Industry: (In no particular order of Rank)

• Arconic Corp.
• VSMPO-AVISMA Corp.
• Allegheny Technologies Inc.
• Constellium SE
• Kaiser Aluminum Corp.
• Carpenter Technology Corp.
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Aerospace Raw Materials Market

Which Region Dominates the Aerospace Raw Materials Market in 2024?

According to Cognitive Market Research, North America currently dominates the Aerospace Raw Materials market, and the region is expected to have significant growth during the projected period. The region’s dominance is driven by advanced aerospace manufacturing, increasing air travel, and significant investments in military aviation. With a strong focus on innovation and the development of high-performance materials, North America is positioned for continued growth in the coming years. The presence of key manufacturers and ongoing technological advancements further strengthen the region’s role in the global aerospace raw materials market.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). The region’s growth is driven by the expanding aerospace industry, increasing demand for aircraft, and rising investments in both commercial and military aviation. Additionally, advancements in aerospace technologies and materials, along with growing manufacturing capabilities, are contributing to the region’s rapid development.

The current report Scope analyzes Aerospace Raw 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

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Aerospace Raw Materials

According to Cognitive Market Research, the global Aerospace Raw Materials market size was estimated at USD 38614.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 15445.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Aerospace Raw Materials market with a market size of USD 12186.74 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. The U.S. market's presence of major market players.
• The Canada Aerospace Raw Materials market had a market share of USD 1853.50 million in 2024 and is projected to grow at a CAGR of 8.0% during the forecast period. Canada’s rising defense spending by the government.
• The Mexico Aerospace Raw Materials market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 1405.57 million in 2024.

Europe Aerospace Raw Materials

According to Cognitive Market Research, the global Aerospace Raw Materials market size was estimated at USD 38614.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 11584.35 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031.

• The United Kingdom Aerospace Raw Materials market had a market share of USD 1946.17 million in 2024 and is projected to grow at a CAGR of 8.3% during the forecast period. In the UK, Aerospace Raw Materials sales witness an upswing due to the expansion of the aerospace industry.
• The France Aerospace Raw Materials market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 1065.76 million in 2024.
• According to Cognitive Market Research, the German Aerospace Raw Materials market size was valued at USD 2293.70 million in 2024 and is projected to grow at a CAGR of 7.7% during the forecast period. In Germany, Aerospace Raw Materials surged due to the Increased focus of the manufacturers and major market players.
• The Italy Aerospace Raw Materials market is projected to witness growth at a CAGR of 6.9% during the forecast period, with a market size of USD 966.25 million in 2024.
• The Russia Aerospace Raw Materials market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 1795.57 million in 2024.
• The Spain Aerospace Raw Materials market is projected to witness growth at a CAGR of 6.6% during the forecast period with a market size of USD 949.92 million in 2024
• The Luxembourg Aerospace Raw Materials market is projected to witness growth at a CAGR of 7.6% during the forecast period, with a market size of USD 359.11 million in 2024.
• The Portugal Aerospace Raw Materials market is projected to witness growth at a CAGR of 7.3% during the forecast period, with a market size of USD 243.27 million in 2024.
• The Greece Aerospace Raw Materials market is projected to witness growth at a CAGR of 7.8% during the forecast period, with a market size of USD 139.01 million in 2024.
• The Rest of Europe's Aerospace Raw Materials market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 1795.57 million in 2024.

Asia Pacific Aerospace Raw Materials

According to Cognitive Market Research, the global Aerospace Raw Materials market size was estimated at USD 38614.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 8881.34 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Aerospace Raw Materials market size was valued at USD 3996.60 million in 2024 and is projected to grow at a CAGR of 10.5% during the forecast period. Aerospace Raw Materials surged in China due to expanding aerospace industry and increasing investments in commercial and military aviation.
• The Japan Aerospace Raw Materials market is projected to witness growth at a CAGR of 9.5% during the forecast period, with a market size of USD 1225.63 million in 2024.
• The India Aerospace Raw Materials market had a market share of USD 1065.76 million in 2024 and is projected to grow at a CAGR of 12.8% during the forecast period. India's focus on defense sector expansion.
• The South Korean Aerospace Raw Materials market is projected to witness growth at a CAGR of 10.7% during the forecast period, with a market size of USD 888.63 million in 2024.
• The Australian Aerospace Raw Materials market is projected to witness growth at a CAGR of 10.7% during the forecast period, with a market size of USD 461.83 billion in 2024.
• The South East Asia Aerospace Raw Materials market is projected to witness growth at a CAGR of 12.0% during the forecast period, with a market size of USD 612.81 million in 2024.
• The Rest of Asia Pacific Aerospace Raw Materials market is projected to witness growth at a CAGR of 10.8% during the forecast period, with a market size of USD 630.57 million in 2024.

South America Aerospace Raw Materials

According to Cognitive Market Research, the global Aerospace Raw Materials market size was estimated at USD 38614.5 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 1930.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Aerospace Raw Materials market size was valued at USD 826.35 million in 2024 and is projected to grow at a CAGR of 9.0% during the forecast period. Aerospace raw materials flourished in Brazil due to growing investments in advanced composite materials.
• Argentina's Aerospace Raw Materials market had a market share of USD 324.36 million in 2024 and is projected to grow at a CAGR of 9.3% during the forecast period. Argentina's increasing demand for advanced and lightweight materials in commercial aviation
• Colombia Aerospace Raw Materials market is projected to witness growth at a CAGR of 8.2% during the forecast period, with a market size of USD 171.83 million in 2024.
• Peru Aerospace Raw Materials market is projected to witness growth at a CAGR of 8.6% during the forecast period, with a market size of USD 158.32 million in 2024.
• Chile's Aerospace Raw Materials market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD 139.01 million in 2024.
• The Rest of Latin America's Aerospace Raw Materials market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 310.35 million in 2024.

Middle East Aerospace Raw Materials

According to Cognitive Market Research, the global Aerospace Raw Materials market size was estimated at USD 38614.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 772.29 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2031.

• The GCC Countries Aerospace Raw Materials market is projected to witness growth at a CAGR of 9.5% during the forecast period, with a market size of USD 330.54 million in 2024. Aerospace raw materials sales flourish due to heavy investment in both commercial and military aviation sectors.
• The Egypt Aerospace Raw Materials market is projected to witness growth at a CAGR of 9.0% during the forecast period, with a market size of USD 81.09 million in 2024.
• The South Africa Aerospace Raw Materials market is projected to witness growth at a CAGR of 9.7% during the forecast period, with a market size of USD 122.02 million in 2024. Aerospace raw materials sales flourished in South Africa due to the increasing defense spending.
• The Turkey Aerospace Raw Materials market is projected to witness growth at a CAGR of 8.2% during the forecast period, with a market size of USD 66.42 million in 2024.
• The Nigeria Aerospace Raw Materials market is projected to witness growth at a CAGR of 7.8% during the forecast period, with a market size of USD 81.09 million in 2024.
• The Rest of the MEA Aerospace Raw Materials market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 91.13 million in 2024.

Aerospace Raw Materials Market Analysis

How are Segments Performing in the Global Aerospace Raw Materials Market?

Aerospace Raw Materials Market Aircraft Type Segment Analysis

According to Cognitive Market Research, Commercial Aircraft are likely to dominate the Aerospace Raw Materials Market over the forecast period. This is primarily due to the increasing demand for air travel, which leads to the construction of more commercial airliners. As the global population grows and air travel becomes more accessible, airlines continue to expand their fleets. The use of advanced aerospace materials is essential for building these aircraft, driving the demand for raw materials like metals and composites. As commercial aviation remains a key industry, it continues to dominate the market and supports steady growth in aerospace raw material production.

Military Aircraft is the fastest-growing segment in the Aerospace Raw Materials Market. This growth is fueled by increased defense budgets worldwide, which are driving the demand for more advanced and capable military aircraft. Governments and defense contractors are investing heavily in next-generation technologies, including stealth features, advanced propulsion systems, and improved durability. As military aviation evolves, the need for high-performance materials like titanium and specialized composites will continue to rise, driving innovation and market expansion.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Aerospace Raw Materials Industry. Request a Free Sample PDF!

Aerospace Raw Materials Market Metal Type Segment Analysis

According to Cognitive Market Research, the Aluminum Alloys segment holds the largest share of the market. Their widespread use in aircraft manufacturing is due to their light weight, strength, and cost-effectiveness. These alloys are essential in building aircraft structures, including airframes, wings, and fuselage components. Aluminum alloys are also resistant to corrosion and can withstand harsh environmental conditions, making them ideal for aerospace applications. The material’s ability to provide a balance of performance and cost efficiency ensures its continued dominance in the aerospace raw materials market, driving substantial demand in both commercial and military aviation.

In the Aerospace Raw Materials Market, Composite Material has been expanding at a rapid pace. Composites are lightweight, durable, and offer fuel-saving advantages, making them highly desirable for modern aircraft. As airlines and manufacturers look to improve fuel efficiency and reduce emissions, the demand for composite materials in the construction of aircraft parts, such as wings and fuselages, is growing rapidly. The continued development of advanced composite technologies and the focus on sustainability in aerospace are key factors driving this robust growth in the market.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Aerospace Raw Materials Application Segment Analysis

• Interior
• Propulsion Systems
• Others

Author's Detail

Sneha Mali

Research Analyst at Cognitive Market Research

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I am a research analyst working in the Transport & Logistics domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.

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