Dublin, May 09, 2017 -- Research and Markets has announced the addition of the "Global Aerospace Material Market - Analysis By Material Type, By Aircraft Type, By Region, By Country: Opportunities and Forecasts (2016-2021)" report to their offering.
Global Aerospace Material Market is forecasted to grow at a CAGR of 6.87% during 2016-2021
The strong growth in Global Aerospace Material market is driven by increasing number of commercial aircraft and orders worldwide and increasing military spending by the major countries. Apart from that, the continuous development and enhancing functionalities of the aerospace materials to reduce the weight of the aircrafts and enhancing fuel efficiency are propelling the aerospace material market.
The titanium alloys (In terms of value) hold the major percentage share in the total aerospace material market. However, the composites are projected to grow at a significant rate as these are light weight, economical, enhances fuel efficiency leading to reduction in operating of the of the airlines. In the past few years, the use of composites have been extended to the functional components such as wings, fuselage skins, engines and landing gears from traditional light structural or cabin components.
The aerospace material market is expected to rise in the forecasted period due to increasing number of commercial aircraft orders and deliveries which consumes the largest share of the aerospace material. Among the regions, Asia Pacific is predicted to advance at the highest rate, mainly driven by robust economic growth, rising per capita income leading to more propensity to travel.
Scope of the Report
Global Market (Actual Period: 2011-2015, Forecast Period: 2016E-2021)
- Aerospace Material Market - Market Value and Forecast
- By Material Type (Aluminium Alloys, Titanium Alloys, Super Alloys, Composites, Steel Alloys, Others)
- By Aircraft Type (Commercial Aircraft, Business, General & Personal Aviation, Civil & Military Helicopter, Military Aircraft)
Regional Markets - N. America, Europe, APAC, RoW (Actual Period: 2011-2015, Forecast Period: 2016E-2021)
- Aerospace Material Market - Market Value and Forecast
- By Material Type (Aluminium Alloys, Titanium Alloys, Super Alloys, Composites, Steel Alloys, Others)
- By Aircraft Type (Commercial Aircraft, Business, General & Personal Aviation, Civil & Military Helicopter, Military Aircraft)
Country Analysis - U.S., Canada, U.K., Germany, France, China, Japan, India, Brazil, Saudi Arabia (Actual Period: 2011-2015, Forecast Period: 2016E-2021)
- Aerospace Material Market - Market Value and Forecast
- By Aircraft Type (Commercial Aircraft, Business, General & Personal Aviation, Civil & Military Helicopter, Military Aircraft)
Other Report Highlights
- Market Dynamics - Trends, Drivers, Challenges
- Policy and Regulation
- SWOT Analysis
- Porter's Five Forces Analysis
Companies Mentioned
- AMG Advanced Metallurgical Group
- ATI
- Alcoa Corporation
- Aleris Inc
- Constellium
- Cytec Solvay Group
- DuPont
- Kobe Steel, Ltd
- Tejin Limited
- Toray Industries, Inc.
For more information about this report visit http://www.researchandmarkets.com/research/hqx2rf/global_aerospace
CONTACT: Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Commercial Aerospace, Aircraft


FCC Chairman Raises Competition Concerns Over Netflix–Warner Bros. Discovery Deal
Exxon Mobil’s XTO Energy Explores Sale of Eagle Ford Shale Assets in South Texas
Microsoft Restores Microsoft 365 Services After Widespread Outage
Apple China Holiday Sale Offers Discounts Up to 1,000 Yuan on Popular Devices
NTSB Opens Investigation Into Waymo Robotaxis After School Bus Safety Violations in Texas
SoftBank Shares Surge as AI Optimism Lifts Asian Tech Stocks
Baidu Shares Surge After Official Launch of Advanced Ernie 5.0 AI Model
Ericsson Plans SEK 25 Billion Shareholder Returns as Margins Improve Despite Flat Network Market
Walmart to Cut PhonePe Stake in IPO as Tiger Global and Microsoft Exit
Apple Stock Jumps as Company Prepares Major Siri AI Chatbot Upgrade
Intel Stock Slides Despite Earnings Beat as Weak Q1 Outlook Raises Concerns
Elon Musk Shares Bold Vision for AI, Robots, and Space at Davos
BitGo IPO Prices Above Range, Raises $212.8M in Landmark Crypto Market Debut
Goldman Sachs CEO David Solomon’s 2025 Pay Soars to $47 Million After Strong Deal-Making Year
U.S. Lawmakers Demand Scrutiny of TikTok-ByteDance Deal Amid National Security Concerns
Valero Makes First Venezuelan Crude Purchase Under New U.S.-Caracas Deal
FAA Says It Is Not Blocking Boeing 737 MAX 7 and MAX 10 Certification 



