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The composite materials and aluminum alloys in aerospace market is forecasted to grow by USD 49.39 bn during 2023-2028, accelerating at a CAGR of 9.23% during the forecast period. The report on the composite materials and aluminum alloys in aerospace market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for weight reduction and fuel efficiency in aircraft, rising air traffic pushing the aerospace industry to explore composite materials, and composite materials and aluminum alloys providing long-term cheaper opportunities for aerospace manufacturing.
The composite materials and aluminum alloys in aerospace market are segmented as below:
By Type
- Aluminum alloys
- Composites
By Application
- Commercial aircraft
- Military aircraft
- Business and general aviation
- Helicopters
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the composite materials and aluminum alloys in aerospace market covers the following areas:
- Composite materials and aluminum alloys in aerospace market sizing
- Composite materials and aluminum alloys in aerospace market forecast
- Composite materials and aluminum alloys in aerospace market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global composite materials and aluminum alloys in aerospace market: Alcoa Corp., Allegheny Technologies Inc., AMG Advanced Metallurgical Group NV, Arconic Corp., Berkshire Hathaway Inc., Constellium SE, General Electric Co., Hexcel Corp., Hindalco Industries Ltd., Kaiser Aluminum Corp., Kobe Steel Ltd., Materion Corp., Mitsubishi Chemical Group Corp., Owens Corning, SGL Carbon SE, Solvay SA, Teijin Ltd., The Boeing Co., thyssenkrupp AG, and Toray Industries Inc..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is improved corrosion resistance of aluminum alloys.'
According to the report, one of the major drivers for this market is the increasing demand for weight reduction and fuel efficiency in aircraft.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alcoa Corp.
- Allegheny Technologies Inc.
- AMG Advanced Metallurgical Group NV
- Arconic Corp.
- Berkshire Hathaway Inc.
- Constellium SE
- General Electric Co.
- Hexcel Corp.
- Hindalco Industries Ltd.
- Kaiser Aluminum Corp.
- Kobe Steel Ltd.
- Materion Corp.
- Mitsubishi Chemical Group Corp.
- Owens Corning
- SGL Carbon SE
- Solvay SA
- Teijin Ltd.
- The Boeing Co.
- thyssenkrupp AG
- Toray Industries Inc.