Product Code: AVM192C
The global market for advanced aerospace materials is estimated to increase from $29.2 billion in 2024 to reach $42.9 billion by 2029, at a compound annual growth rate (CAGR) of 8.0% from 2024 through 2029.
The North American market for advanced aerospace materials is estimated to increase from $13.3 billion in 2024 to reach $18.9 billion by 2029, at a CAGR of 7.3% from 2024 through 2029.
The Asia-Pacific market for advanced aerospace materials is estimated to increase from $3.9 billion in 2024 to reach $6.2 billion by 2029, at a CAGR of 9.5% from 2024 through 2029.
Report Scope
This report provides a thorough qualitative and quantitative assessment of the global market for advanced aerospace materials. It considers 2023 as the base year, and provides revenue forecasts for 2024 to 2029 ($ millions). The report analyzes the market based on type, application, end user and region. Each region is further sub-segmented into key countries. Segmental analysis is broken into:
- Type: Advanced aluminum alloys, advanced composites, titanium alloys, superalloys, advanced steel alloys, ceramic-matrix composites, and advanced adhesives.
- Application: Commercial aircraft, military aircraft, general aviation, and helicopters.
- Commercial aircraft: Passenger aircraft, transport aircraft, and space aircraft.
- End user: Private sector and public sector.
- Region: North America, Europe, Asia-Pacific, and Rest of the World (ROW).
Report Includes
- 113 data tables and 51 additional tables
- Analyses of global market trends for advanced aerospace materials, with market revenue data for 2023, estimates for 2024, forecast for 2025 and 2027, and projected CAGRs through 2029
- Estimates of the size and growth forecasts of the global market, and a corresponding market share analysis by material type, aircraft type, ownership type, and region/country
- Facts and figures pertaining to current trends, market dynamics, technological advances, regulations and standards, and the impact of various macroeconomic factors
- Insights derived from the Porter's Five Forces model, as well as global value/supply chain and PESTLE analyses, and case studies
- Evaluation of recent patent activity and key granted and published patents
- Overview of sustainability trends and ESG developments, with emphasis on consumer attitudes, and the ESG scores and practices of leading companies
- Review of emerging trends and technologies, and new developments in advanced aerospace materials
- Analysis of the industry structure, including companies' market shares and rankings, strategic alliances, M&A activity and a venture funding outlook
- Company profiles of major players within the industry, including Solvay, DuPont, Ametek Inc., and Constellium
Table of Contents
Chapter 1 Executive Summary
- Market Outlook
- Scope of Report
- Market Summary
Chapter 2 Market Overview
- Definition
- Industry Scenario
- Role of Advanced Materials
- Criteria for Selecting Materials
- PESTLE Analysis
- Supply Chain Analysis
- Raw Material Suppliers
- Advanced Material Producers
- Manufacturers and Assemblers of Parts and Components
- Original Equipment Manufacturers
- End Users
Chapter 3 Market Dynamics
- Market Dynamics
- Market Drivers
- Surge in Global Air Passenger Traffic
- Rising Government Support
- More Demand for Aircraft and Related Component Replacement
- Expanding Use of Advanced Materials in Military Aircraft
- Increased Space Missions and Satellite Launches
- Market Challenges
- Sensitivity to Cyclicality of the Aerospace Sector
- Strict Regulatory Environment
- Market Restraint
- Material Drawbacks
- Market Opportunities
- Emergence of Sustainable Organic Materials
Chapter 4 Emerging Technologies and Developments
- Overview
- Materials and Technological Trends
- Recent Material Innovations
- Patent Analysis
Chapter 5 Market Segmentation Analysis
- Segmentation Breakdown
- Market Breakdown by Type
- Advanced Aluminum Alloys
- Advanced Composites
- Titanium Alloys
- Superalloys
- Advanced Steel Alloys
- Ceramic-matrix Composites
- Advanced Adhesives
- Market Breakdown by Application
- Commercial Aircraft
- Military Aircraft
- General Aviation
- Helicopters
- Market Breakdown by End User
- Private Sector
- Public Sector
- Geographic Breakdown
- Market Analysis by Region
- North America
- Europe
- Asia-Pacific
- Rest of the World (RoW)
Chapter 6 Competitive Intelligence
- Competitive Scenario
- Leading Companies
- Strategic Initiatives
Chapter 7 Sustainability in Advanced Aerospace Materials: An ESG Perspective
- ESG in the Aerospace Materials Industry
- Sustainability Trends in the Market
- ESG Issues
- ESG Practices in the Market
- Environmental Performance
- Social Performance
- Governance Performance
- Current Status of ESG in the Market
- Conclusion
Chapter 8 Appendix
- Methodology
- Key Findings/Takeaways
- Information Sources
- Abbreviations
- References
- Company Profiles
- 3M
- AMETEK INC.
- ARCONIC
- AUBERT & DUVAL
- BASF
- CONSTELLIUM
- CRS HOLDINGS LLC.
- DONCASTERS GROUP
- DUPONT
- GFE GESELLSCHAFT FUR ELEKTROMETALLURGIE MBH
- HAYNES INTERNATIONAL
- HEXCEL CORP.
- SOLVAY
- TEIJIN LTD.
- TORAY INDUSTRIES INC.