Global Aerospace Materials Market
The latest market intelligence report, titled ‘Global Aerospace Materials Market’, is intended to provide the target audience with the necessary information about the global Aerospace Materials industry. The report comprises a detailed analysis of the vital elements of the Aerospace Materials market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Aerospace Materials market dynamics that helps market analysts estimate the global market growth rate over the projected timeline. Therefore, the report, published by Emergen Research, is a detail-oriented compilation of the crucial aspects of the Aerospace Materials market, including the key players’ product offerings, the wide application range of these products, the major market segments, leading market contenders, their company profiles, pricing strategies, production capacities, revenue generation schemes, technological advancements, and many others.
The global aerospace materials market size is expected to reach USD 37.36 Billion at a CAGR of 6.3% in 2028, according to latest analysis by Emergen Research. Steady global aerospace materials market revenue growth rate can be attributed to rising focus on improving aircraft fuel-efficiency by light-weighting and use of more advanced materials and technologies. Aircraft manufacturers are making substantial investments and employing efforts to design and develop more lightweight aircraft following the concept of green aviation. Aviation accounts for 12% of CO2 emissions from all transports sources. Rising concerns and increasing initiatives to reduce various forms of environmental pollution and global warming are driving efforts to decrease aviation emissions by improving energy efficiency. Making aircraft lightweight is an effective way to improve fuel efficiency, owing to need for less thrust and lift force during take-off and flight. In a Boeing 787, weight reduction of 20% leads to increase in fuel-efficiency by around 10% to 12%. Apart from decreasing carbon footprint, light-weighting helps to improve flight performance, including structural strength, acceleration, and safety and performance.
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Global Aerospace Materials Market Report – Table of Contents:
- Chapter 1 includes the global Aerospace Materials market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
- Chapter 2 broadly categorizes the Aerospace Materials market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
- Chapter 3 elaborates on the competitive outlook of the Aerospace Materials market, focusing on the major manufacturers and vendor landscape.
- Chapter 4 exhaustively studies the key manufacturers of the Aerospace Materials industry, along with their anticipated sales and revenue shares.
- Chapters 5 includes market segmentation based on product type, application range, and market players.
Leading companies profiled in the report:
Alcoa Corporation, Huntsman International LLC, DuPont, Constellium NV, Teijin Ltd., Kobe Steel Ltd., Solvay Ltd., Hexcel Corporation, SABIC, and Materion Corporation
Regional Overview:
The global Aerospace Materials market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East Africa. It evaluates the presence of the global Aerospace Materials market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
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Global Aerospace Materials Market Segmentation:
Material Type Outlook (Revenue, USD Billion; 2018–2028)
- Aluminum Alloys
- Titanium Alloys
- Steel Alloys
- Super Alloys
- Plastics
- Composites
- Others
Application Outlook (Revenue, USD Billion; 2018–2028)
- Structural Frame
- Cabin Interiors
- Propulsion System
- Others
Aircraft Type Outlook (Revenue, USD Billion; 2018–2028)
- Commercial Aircraft
- Military Aircraft
- Rotorcrafts
- General Business Aircraft
- Spacecraft
The report considers the following timeline for market estimation:
- Historical Years: 2017-2018
- Base Year: 2019
- Estimated Year: 2027
- Forecast Years: 2020-2027
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