Aerospace Materials Market 2022 Latest Insights, Growth Rate, Future Trends and Forecast | Key Players : Toray Industries, Inc., DuPont de Nemours, Inc., Aleris International, Hexcel Corporation

'Aerospace Materials Global Market Report 2022 - Market Size, Trends, And Global Forecast 2022-2026' by The Business Research Company is the most comprehensive report available on this market, with analysis of the market's historic and forecast growth, drivers and restraints causing it, and highlights of the opportunities that companies in the industry can take on. The aerospace materials market research report helps gain a truly global perspective of the aerospace materials industry as it covers 60 geographies worldwide. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.

The regions covered in the aerospace materials market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest aerospace materials share.

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The aerospace materials market consists of sales of aerospace materials by entities (organizations, sole traders, and partnerships) that are made up of metal alloys or polymeric-based materials developed for aerospace applications. Aerospace materials are used for a variety of aerospace components because they have enhanced qualities such as high tensile strength, superior temperature tolerance, enhanced transparency, and a hard surface. In the construction of aircraft parts such as airframes, windows, interiors, engine components, propulsion systems, mirrors, and ceilings, aerospace manufacturers are shifting their preference toward materials such as advanced plastics, carbon, or glass-based fiber composites, and thus replacing conventional metals.

Key competitors in the aerospace materials market are Toray Industries, Inc., DuPont de Nemours, Inc., Aleris International, Hexcel Corporation, Alcoa Corporation, Koninklijke Ten Cate BV, Arkema S.A., Cytec Solvay Group, Arconic Inc. (Alcoa Corp.), SABIC, NOVELIS, Gurit, Constellium N.V, Cytec Solvay Group, WS Atkins plc, Teijin Limited, and Hyosung Advanced Materials.

The global aerospace materials market size is expected to grow from $18.88 billion in 2021 to $20.20 billion in 2022 at a compound annual growth rate (CAGR) of 6.98%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The aerospace material market is expected to reach $26.60 billion in 2026 at a CAGR of 7.12%.

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TBRC's report segments the global aerospace materials market:
1) By Type: Aluminum Alloys, Steel Alloys, Titanium Alloys, Super Alloys, Composites
2) By Aircraft Type: Commercial Aircraft, Business and General Aviation, Civil Helicopters, Military
3) By Application: Aero Structure, Components, Cabin Interiors, Propulsion System, Equipment, System, and Support, Satellites, Construction and Insulation Components

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The Table of Contents includes:
1. Executive Summary
2. Aerospace Materials Market Characteristics
3. Aerospace Materials Market Trends And Strategies
4. Impact Of COVID-19 On Aerospace Materials
5. Aerospace Materials Market Size And Growth
.....
27. Aerospace Materials Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Aerospace Materials Market
29. Aerospace Materials Market Future Outlook and Potential Analysis
30. Appendix

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