Global aerospace and defense materials market is expected to reach USD 47,088,723.13 thousand by 2030 from USD 29,513,164.78 thousand in 2022, growing at a CAGR of 6.7% in the forecast period of 2023 to 2030.
Market Segmentation
Global Aerospace and Defense Materials Market, By Product (Aluminium Alloys, Composites, Heat-Resistant Alloys, Plastics And Polymers, Super Alloys, Ceramics, Steel, Nanocomposites, Graphene, and Others), Application (Aircraft Structural Frames/Aerostructure, Propulsion Systems, Components, Cabin Interiors, Satellite, Construction And Insulation Components, and Others), End-Use (Commercial, Military, Business and General Aviation, and Others), Country (U.S., Canada, and Mexico, France, Germany, U.K., Spain, Italy, Russia, Switzerland, Netherlands, Turkey, Belgium and Rest of Europe, China, India, Japan, South Korea, Singapore, Australia & New Zealand, Malaysia, Philippines, Thailand, Indonesia and Rest of Asia-Pacific, Brazil, Argentina, and Rest of South America, Saudi Arabia, United Arab Emirates, South Africa, Israel, Egypt and Rest of Middle East and Africa) - Industry Trends and Forecast to 2030.
DRIVERS
Rising positive outlook toward lightweight and high strength materials
Rapid growth in the worldwide civil aviation sector
RESTRAINT
Difficulty of integrating advanced materials into aging aircraft
OPPORTUNITIES
Exploration and innovation in cutting-edge high-performance materials
Incorporating additive manufacturing for the efficient fabrication of aerospace and defense parts
Market Players:
Some of the key market players operating in the global aerospace and defense materials market are listed below:
- Hindalco Industries Ltd.
- Tata Advanced Systems Limited
- Materion Corporation
- PARK AEROSPACE CORP.
- TEIJIN LIMITED.
- TORAY INDUSTRIES, INC.
- 3M
- Huntsman International LLC.
- Safran, Arkema
- Solvay
- Rogers Corporation
- Alcoa Corporation
- Arconic
- Hexcel Corporation
- Constellium
- AMG TITANIUM
- SGL Carbon
- DuPont
- SABIC
TABLE OF CONTENTS
1 INTRODUCTION 30
- 1.1 OBJECTIVES OF THE STUDY 30
- 1.2 MARKET DEFINITION 30
- 1.3 OVERVIEW 30
- 1.4 LIMITATIONS 31
- 1.5 MARKETS COVERED 31
2 MARKET SEGMENTATION 34
- 2.1 MARKETS COVERED 34
- 2.2 GEOGRAPHICAL SCOPE 35
- 2.3 YEARS CONSIDERED FOR THE STUDY 36
- 2.4 CURRENCY AND PRICING 36
- 2.5 DBMR TRIPOD DATA VALIDATION MODEL 37
- 2.6 MULTIVARIATE MODELING 40
- 2.7 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 41
- 2.8 DBMR MARKET POSITION GRID 42
- 2.9 MARKET APPLICATION COVERAGE GRID 43
- 2.10 DBMR VENDOR SHARE ANALYSIS 43
- 2.11 SECONDARY SOURCES 45
- 2.12 ASSUMPTIONS 46
3 EXECUTIVE SUMMARY 47
4 PREMIUM INSIGHTS 50
- 4.1 PESTLE ANALYSIS 52
- 4.1.1 POLITICAL FACTORS 52
- 4.1.2 ECONOMIC FACTORS 53
- 4.1.3 SOCIAL FACTORS 53
- 4.1.4 TECHNOLOGICAL FACTORS 53
- 4.1.5 LEGAL FACTORS 54
- 4.1.6 ENVIRONMENTAL FACTORS 54
- 4.2 PORTER'S FIVE FORCES: 55
- 4.2.1 THREAT OF NEW ENTRANTS: 55
- 4.2.2 THE THREAT OF SUBSTITUTES: 56
- 4.2.3 CUSTOMER BARGAINING POWER: 56
- 4.2.4 SUPPLIER BARGAINING POWER: 56
- 4.2.5 INTERNAL COMPETITION (RIVALRY): 56
- 4.3 PRODUCTION CONSUMPTION ANALYSIS 57
- 4.4 VENDOR SELECTION CRITERIA 58
- 4.5 CLIMATE CHANGE SCENARIO 60
- 4.5.1 ENVIRONMENTAL CONCERNS 60
- 4.5.2 INDUSTRY RESPONSE 60
- 4.5.3 GOVERNMENT'S ROLE 60
- 4.5.4 ANALYST RECOMMENDATION 61
- 4.6 PRODUCTION CAPACITY OVERVIEW 62
- 4.7 RAW MATERIAL COVERAGE 63
- 4.7.1 COMPOSITES 63
- 4.7.1.1 CARBON FIBER: 63
- 4.7.1.1.1 CARBON FIBER, BY RAW MATERIAL: 63
- 4.7.1.1.2 CARBON FIBER, BY APPLICATION: 63
- 4.7.1.2 GLASS: 63
- 4.7.1.2.1 GLASS, BY RAW MATERIAL: 63
- 4.7.1.2.2 GLASS, BY APPLICATION: 63
- 4.7.1.3 ARAMID-REINFORCED EPOXY: 63
- 4.7.1.3.1 ARAMID-REINFORCED EPOXY, BY RAW MATERIAL: 63
- 4.7.1.3.2 ARAMID-REINFORCED EPOXY BY APPLICATION: 64
- 4.7.2 HEAT-RESISTANT ALLOYS 64
- 4.7.2.1 TITANIUM: 64
- 4.7.2.1.1 TITANIUM, BY RAW MATERIAL: 64
- 4.7.2.1.2 TITANIUM, BY APPLICATION: 64
- 4.7.2.2 NICKEL: 64
- 4.7.2.2.1 NICKEL, BY RAW MATERIAL: 64
- 4.7.2.2.2 NICKEL, BY APPLICATION: 64
- 4.7.3 ALUMINUM ALLOYS: 65
- 4.7.3.1 ALUMINIUM ALLOYS, BY RAW MATERIAL: 65
- 4.7.3.2 ALUMINIUM ALLOYS, BY APPLICATION: 65
- 4.7.4 PLASTICS AND POLYMERS 65
- 4.7.4.1 POLYETHERETHERKETONE (PEEK) 65
- 4.7.4.1.1 POLYETHERETHERKETONE (PEEK), BY RAW MATERIAL: 65
- 4.7.4.1.2 POLYETHERETHERKETONE (PEEK), BY APPLICATION: 65
- 4.7.4.2 THERMOSETTING POLYIMIDE 65
- 4.7.4.2.1 THERMOSETTING POLYIMIDE, BY RAW MATERIAL: 65
- 4.7.4.2.2 THERMOSETTING POLYIMIDE, BY APPLICATION: 65
- 4.7.4.3 POLYAMIDE-IMIDE (PAI) 66
- 4.7.4.3.1 POLYAMIDE-IMIDE (PAI), BY RAW MATERIAL: 66
- 4.7.4.3.2 POLYAMIDE-IMIDE (PAI), BY APPLICATION: 66
- 4.7.4.4 POLYCHLOROTRIFLUOROETHYLENE (PCTFE) 66
- 4.7.4.4.1 POLYCHLOROTRIFLUOROETHYLENE (PCTFE), BY RAW MATERIAL: 66
- 4.7.4.4.2 POLYCHLOROTRIFLUOROETHYLENE (PCTFE), BY APPLICATION: 66
- 4.7.4.5 POLYTETRAFLUOROETHYLENE (PTFE) 66
- 4.7.4.5.1 POLYTETRAFLUOROETHYLENE (PTFE), BY RAW MATERIAL: 66
- 4.7.4.5.2 POLYTETRAFLUOROETHYLENE (PTFE), BY APPLICATION: 66
- 4.7.5 SUPER ALLOYS: 66
- 4.7.5.1 SUPER ALLOYS, BY RAW MATERIAL: 66
- 4.7.5.2 SUPER ALLOYS, BY APPLICATION: 66
- 4.7.6 CERAMICS 67
- 4.7.6.1 OXIDES 67
- 4.7.6.1.1 OXIDES, BY RAW MATERIAL: 67
- 4.7.6.1.2 OXIDES, BY APPLICATION: 67
- 4.7.6.2 NON-OXIDE 67
- 4.7.6.3 CARBIDES: 67
- 4.7.6.3.1 CARBIDES, BY RAW MATERIAL: 67
- 4.7.6.3.2 CARBIDES, BY APPLICATION: 67
- 4.7.6.4 BORIDES: 67
- 4.7.6.4.1 BORIDES, BY RAW MATERIAL: 67
- 4.7.6.4.2 BORIDES, BY APPLICATION: 67
- 4.7.6.5 NITRIDES: 68
- 4.7.6.5.1 NITRIDES, BY RAW MATERIAL: 68
- 4.7.6.5.2 NITRIDES, BY APPLICATION: 68
- 4.7.6.6 GLASS-CERAMICS: 68
- 4.7.6.6.1 GLASS-CERAMICS, BY RAW MATERIAL: 68
- 4.7.6.6.2 GLASS-CERAMICS, BY APPLICATION: 68
- 4.7.6.7 CERAMIC MATRIX COMPOSITES: 68
- 4.7.6.7.1 CERAMIC MATRIX COMPOSITES, BY RAW MATERIAL: 68
- 4.7.6.7.2 CERAMIC MATRIX COMPOSITES, BY APPLICATION: 68
- 4.7.7 STEEL: 69
- 4.7.7.1 STEEL, BY RAW MATERIAL: 69
- 4.7.7.2 STEEL, BY APPLICATION: 69
- 4.7.8 NANOCOMPOSITES 69
- 4.7.8.1 NANOCOMPOSITES, BY RAW MATERIAL: 69
- 4.7.8.2 NANOCOMPOSITES, BY APPLICATION: 69
- 4.7.9 GRAPHENE 70
- 4.7.9.1 GRAPHENE, BY RAW MATERIAL: 70
- 4.7.9.2 GRAPHENE, BY APPLICATION: 70
- 4.8 TECHNOLOGICAL ADVANCEMENT BY MANUFACTURERS 71
5 REGULATION COVERAGE 73
6 MARKET OVERVIEW 77
- 6.1 DRIVERS 79
- 6.1.1 RISING POSITIVE OUTLOOK TOWARD LIGHTWEIGHT AND HIGH STRENGTH MATERIALS 79
- 6.1.2 VARIOUS GOVERNMENT ESCALATING ALLOCATIONS TO DEFENSE FUNDING 80
- 6.1.3 RAPID GROWTH IN THE WORLDWIDE CIVIL AVIATION SECTOR 83
- 6.1.4 THE BURGEONING SPACE EXPLORATION SECTOR 83
- 6.2 RESTRAINTS 84
- 6.2.1 DIFFICULTY OF INTEGRATING ADVANCED MATERIALS INTO AGING AIRCRAFT 84
- 6.3 OPPORTUNITIES 85
- 6.3.1 EXPLORATION AND INNOVATION IN CUTTING-EDGE HIGH-PERFORMANCE MATERIALS 85
- 6.3.2 PIONEERING USE OF ENVIRONMENTALLY FRIENDLY AND SUSTAINABLE MATERIALS 86
- 6.3.3 INCORPORATING ADDITIVE MANUFACTURING FOR THE EFFICIENT FABRICATION OF AEROSPACE AND DEFENSE PARTS 87
- 6.4 CHALLENGES 88
- 6.4.1 ENVIRONMENTAL CONSIDERATIONS PERTAINING TO MATERIALS USED IN AEROSPACE AND DEFENSE 88
- 6.4.2 FLUCTUATION IN THE PRICES OF RAW MATERIALS 89
7 GLOBAL AEROSPACE AND DEFENSE MATERIALS MARKET, BY PRODUCT 91
- 7.1 OVERVIEW 92
- 7.2 ALUMINIUM ALLOYS 93
- 7.3 COMPOSITES 94
- 7.3.1 COMPOSITES, BY TYPE 94
- 7.3.1.1 CARBON FIBER 94
- 7.3.1.2 GLASS 94
- 7.3.1.3 ARAMID-REINFORCED EPOXY 94
- 7.4 HEAT-RESISTANT ALLOYS 95
- 7.4.1 HEAT-RESISTANT ALLOYS, BY TYPE 95
- 7.4.1.1 TITANIUM 95
- 7.4.1.2 NICKEL 95
- 7.5 PLASTICS AND POLYMERS 95
- 7.5.1 PLASTICS AND POLYMERS, BY TYPE 96
- 7.5.1.1 THERMOSETTING POLYIMIDE 96
- 7.5.1.2 POLYETHERETHERKETONE (PEEK) 96
- 7.5.1.3 POLYAMIDE-IMIDE (PAI) 96
- 7.5.1.4 POLYTETRAFLUOROETHYLENE (PTFE) 97
- 7.5.1.5 POLYCHLOROTRIFLUOROETHYLENE (PCTFE) 97
- 7.6 SUPER ALLOYS 97
- 7.7 CERAMICS 98
- 7.7.1 CERAMICS, BY MATERIAL 98
- 7.7.1.1 ALUMINA/ALUMINA OXIDES 98
- 7.7.1.2 CERAMIC MATRIX COMPOSITES 98
- 7.7.1.3 NON-OXIDE 99
- 7.7.1.3.1 NON-OXID, BY TYPE 99
- 7.7.1.3.1.1 CARBIDES 99
- 7.7.1.3.1.2 BORIDES 99
- 7.7.1.3.1.3 NITRIDES 99
- 7.7.1.4 GLASS-CERAMICS 99
- 7.8 STEEL 100
- 7.9 NANOCOMPOSITES 100
- 7.10 GRAPHENE 101
- 7.11 OTHERS 101
8 GLOBAL AEROSPACE AND DEFENSE MATERIALS MARKET, BY APPLICATION 102
- 8.1 OVERVIEW 103
- 8.2 AIRCRAFT STRUCTURAL FRAMES/AEROSTRUCTURE 104
- 8.3 PROPULSION SYSTEMS 105
- 8.4 COMPONENTS 105
- 8.5 CABIN INTERIORS 106
- 8.6 SATELLITE 106
- 8.7 CONSTRUCTION AND INSULATION COMPONENTS 107
- 8.8 OTHERS 107
9 GLOBAL AEROSPACE AND DEFENSE MATERIALS MARKET, BY END-USE 108
- 9.1 OVERVIEW 109
- 9.2 COMMERCIAL 110
- 9.3 MILITARY 111
- 9.4 BUSINESS AND GENERAL AVIATION 111
- 9.5 OTHERS 112
10 GLOBAL AEROSPACE AND DEFENSE MATERIALS MARKET, BY REGION 113
- 10.1 OVERVIEW 114
- 10.2 NORTH AMERICA 117
- 10.2.1 U.S. 122
- 10.2.2 CANADA 126
- 10.2.3 MEXICO 129
- 10.3 EUROPE 132
- 10.3.1 FRANCE 137
- 10.3.2 GERMANY 140
- 10.3.3 U.K. 144
- 10.3.4 SPAIN 147
- 10.3.5 ITALY 151
- 10.3.6 RUSSIA 154
- 10.3.7 SWITZERLAND 157
- 10.3.8 NETHERLANDS 160
- 10.3.9 TURKEY 162
- 10.3.10 BELGIUM 166
- 10.3.11 REST OF EUROPE 169
- 10.4 ASIA PACIFIC 170
- 10.4.1 CHINA 175
- 10.4.2 INDIA 178
- 10.4.3 JAPAN 181
- 10.4.4 SOUTH KOREA 184
- 10.4.5 SINGAPORE 186
- 10.4.6 AUSTRALIA & NEW ZEALAND 189
- 10.4.7 MALAYSIA 192
- 10.4.8 PHILIPPINES 195
- 10.4.9 THAILAND 198
- 10.4.10 INDONESIA 201
- 10.4.11 REST OF ASIA PACIFIC 204
- 10.5 MIDDLE EAST AND AFRICA 206
- 10.5.1 SAUDI ARABIA 210
- 10.5.2 UNITED ARAB EMIRATES 213
- 10.5.3 SOUTH AFRICA 216