Global Aerospace Materials Market –Composite Materials Are Expected to be the Major Driver for Aerospace Materials

"This report studies the Aerospace Materials market, Aerospace materials are materials, frequently metal alloys, that have either been developed for, or have come to prominence through, their use for aerospace purposes”.

Scope of the Report:

This report focuses on the Aerospace Materials in global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, types and applications.

Industry Highlights

The market for aerospace materials is anticipated to witness robust expansion due to the increment in passenger transportation. Increased passenger transport is estimated to boost the demand for aircraft. This, in turn, is projected to inadvertently augment the expansion of the aerospace materials market during the forecast period. In terms of material type, aluminum alloys segment held a prominent share of the market in 2017. The segment is projected to witness robust expansion in the near future due to its exceptional fatigue resistance and strength.

However, the evolution of composite materials and their increasing
demand can act as a restraint for the expansion of the aluminum alloys segment of aerospace materials in the near future. In terms of aircraft type, the commercial aircraft segment held a significant share of the market in 2017. Increase in passenger transport is a key factor boosting the expansion of the commercial aircraft segment. Increasing air traffic is fueling the demand for commercial aircraft, which in turn is likely to propel the expansion of the aerospace materials market during the forecast period.

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Composite materials are the most preferred type of aerospace materials. Composite materials are the most extensively used type segment of the aerospace materials after aluminum. Composite materials are formed by combining two or more distinct materials to achieve superior properties, of which one is a binding material, known as the matrix and the other is a reinforcement material, generally a fiber. The wide use of composites in aerospace materials offer several advantages over traditional materials, such as low weight, increased manufacturing productivity (processing speeds), lower VOC emissions, and better corrosion resistance, among others. Increasing applications in new generation aircraft and rising environmental concerns offer significant growth opportunities for composites in the aircraft manufacturing industry.

Top Industry Player’s

Alcoa, Rio Tinto Alcan, Kaiser Aluminum, Aleris,Rusal, Constellium, AMI Metals, Arcelor Mittal, Nippon Steel & Sumitomo Metal, Nucor Corporation, Baosteel Group, Thyssenkrupp Aerospace, Kobe Steel, Materion, VSMPO-AVISMA, Toho Titanium, BaoTi, Precision Castparts Corporation, Aperam, VDM, Carpenter, AMG, ATI Metals, Toray Industries, Cytec Solvay Group, Teijin Limited, Hexcel,TenCate

Market Segments

Market Segment by Regions, regional analysis covers

• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers

Aluminum Alloys, Steel Alloys, Titanium Alloys, Super Alloys, Composite
Materials, Others

Market Segment by Applications, can be divided into

Commercial Aircraft, Military Aircraft

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There are 15 Chapters to deeply display the global Aerospace Materials market.

• Chapter 1, to describe Aerospace Materials Introduction, product scope, market overview, market opportunities, market risk, market driving force;
• Chapter 2, to analyze the top manufacturers of Aerospace Materials, with sales, revenue, and price of Aerospace Materials, in 2016 and 2017;
• Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
• Chapter 4, to show the global market by regions, with sales, revenue and market share of Aerospace Materials, for each region, from 2013 to 2018;
• Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;
• Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
• Chapter 12, Aerospace Materials market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
• Chapter 13, 14 and 15, to describe Aerospace Materials sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source"

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