Product Code: GVR-2-68038-387-4
Aerospace And Defense Materials Market Growth & Trends:
The global aerospace and defense materials market size is estimated to reach USD 27.99 billion by 2030, registering to grow at a CAGR of 5.5% from 2025 to 2030 according to a new report by Grand View Research, Inc. Increasing investment in modernization along with expansion of combat aircraft fleet in countries, such as India and China is expected to drive the growth.
The market is expected to benefit from the strong demand for aircraft in the foreseeable future. The number of commercial and cargo fleets around the world is expected to double over the forecast period. The huge surge in passenger and freight traffic is also anticipated to contribute significantly to the increase in aircraft production and demand for aerospace & defense materials.
The aerospace & defense industry has been a long-term promoting factor for the development and application of advanced materials. Leading manufacturers are increasingly adopting a variety of advance materials such as carbon fiber composites and titanium alloys. These materials play an important role in reducing the overall weight and increasing fuel efficiency of an aircraft.
The market players often enter into long-term supply contracts with aircraft manufacturers. The material manufacturers provide highly customized solutions to the component and aircraft manufacturer. Aircraft manufacturers are often involved in monitoring the materials throughout the value chain from design to component manufacturing to ensure the quality.
Aerospace And Defense Materials Market Report Highlights:
- Titanium is expected to have the fastest growth rate of 6.2%, in terms of revenue, over the forecast period owing to its exceptional compatibility with composites.
- The aerostructure segment accounted for the largest market revenue share of 51.5% in 2024. According to the International Air Transport Association (IATA), passenger numbers are expected to double over the next two decades.
- Commercial aircraft accounted for 55.1% of the overall revenue in 2024, owing to the tremendous growth in commercial passenger and freight traffic, coupled with improved trade relations worldwide.
- North America held the largest revenue share with 55.3% in 2024, owing to the presence of huge aircraft parts manufacturing industry in the region
- Major market players focus on mergers and acquisitions to expand their business and technological capabilities. They prioritize R&D of low cost materials that provide high strength
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources
- 1.3.4. Third-Party Perspectives
- 1.3.5. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Aerospace & Defense Materials Market Variables, Trends & Scope
- 3.1. Parent Market Outlook
- 3.2. Aerospace & Defense Materials Market - Value Chain Analysis
- 3.2.1. Manufacturing Trends
- 3.2.2. Sales Channel Analysis
- 3.3. Technology Overview
- 3.4. Regulatory Framework
- 3.4.1. Analyst Perspective
- 3.5. Aerospace & Defense Materials Market - Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Market Opportunity Analysis
- 3.5.4. Industry Challenges
- 3.5.5. Industry Analysis - Porter's
- 3.5.5.1. Threat from New Entrant
- 3.5.5.2. Bargaining Power of Buyers
- 3.5.5.3. Competitive Rivalry
- 3.5.5.4. Threat of Substitutes
- 3.5.5.5. Bargaining Power of Suppliers
- 3.5.5.6. Substitute Material Analysis
- 3.5.6. PESTEL Analysis by SWOT
- 3.5.6.1. Political Landscape
- 3.5.6.2. Environmental Landscape
- 3.5.6.3. Social Landscape
- 3.5.6.4. Technology Landscape
- 3.5.6.5. Economic Landscape
- 3.5.6.6. Legal Landscape
- 3.5.7. Market Disruption Analysis
Chapter 4. Aerospace & Defense Materials Market: Material Estimates & Trend Analysis
- 4.1. Key Takeaways
- 4.2. Material Market Share Analysis, 2024 & 2030
- 4.3. Aerospace and Defense Materials Market Estimates & Forecast, By Material, 2018 - 2030 (Kilotons) (USD Million)
- 4.4. Aluminum
- 4.5. Titanium
- 4.6. Composites
- 4.7. Superalloys
- 4.8. Steel
- 4.9. Plastic
- 4.10. Others
Chapter 5. Aerospace & Defense Materials Market: Aircraft Parts Estimates & Trend Analysis
- 5.1. Key Takeaways
- 5.2. Aircraft Parts Market Share Analysis, 2024 & 2030
- 5.3. Aerospace and Defense Materials Market Estimates & Forecast, By Aircraft Parts, 2018 - 2030 (Kilotons) (USD Million)
- 5.4. Aerostructure
- 5.5. Components
- 5.6. Cabin Interiors
- 5.7. Propulsion System
- 5.8. Equipment, System, & Support
- 5.9. Satellite
- 5.10. Construction and Insulation Components
Chapter 6. Aerospace & Defense Materials Market: Application Estimates & Trend Analysis
- 6.1. Key Takeaways
- 6.2. Application Market Share Analysis, 2024 & 2030
- 6.3. Aerospace and Defense Materials Market Estimates & Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 6.4. Commercial
- 6.5. Business & General Aviation
- 6.6. Military
- 6.7. Others
Chapter 7. Aerospace & Defense Materials Market: Regional Estimates & Trend Analysis
- 7.1. Aerospace & Defense Materials Market: Regional Outlook
- 7.2. North America
- 7.2.1. North America aerospace & defense materials market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.2. U.S.
- 7.2.2.1. U.S. aerospace & defense materials market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.3. Canada
- 7.2.3.1. Canada aerospace & defense materials market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.4. Mexico
- 7.2.4.1. Mexico aerospace & defense materials market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.3. Europe
- 7.3.1. Europe aerospace & defense materials market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.3.2. Germany
- 7.3.2.1. Germany aerospace & defense materials market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.3.3. UK
- 7.3.3.1. UK aerospace & defense materials market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.3.4. France
- 7.3.4.1. France aerospace & defense materials market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.3.5. Italy
- 7.3.5.1. Italy aerospace & defense materials market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.3.6. Czech Republic
- 7.3.6.1. Czech Republic aerospace & defense materials market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific aerospace & defense materials market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.4.2. China
- 7.4.2.1. China aerospace & defense materials market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.4.3. Japan
- 7.4.3.1. Japan aerospace & defense materials market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.4.4. India
- 7.4.4.1. India aerospace & defense materials market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.4.5. Australia
- 7.4.5.1. Australia aerospace & defense materials market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.4.6. South Korea
- 7.4.6.1. South Korea aerospace & defense materials market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.5. Central & South America
- 7.5.1. Central & South America aerospace & defense materials market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.5.2. Brazil
- 7.5.2.1. Brazil aerospace & defense materials market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.6. Middle East & Africa
- 7.6.1. Middle East & Africa aerospace & defense materials market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.6.2. South Africa
- 7.6.2.1. South Africa aerospace & defense materials market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Recent developments & impact analysis, by key market participants
- 8.2. Vendor Landscape
- 8.3. Competition Categorization
- 8.4. Strategy Mapping
- 8.5. Company Listing
- 8.5.1. Huntsman International, LLC
- 8.5.1.1. Company overview
- 8.5.1.2. Financial performance
- 8.5.1.3. Material benchmarking
- 8.5.1.4. Strategic initiatives
- 8.5.2. Toray Composites, America, Inc.
- 8.5.2.1. Company overview
- 8.5.2.2. Financial performance
- 8.5.2.3. Material benchmarking
- 8.5.2.4. Strategic initiatives
- 8.5.3. VSMPO-AVISMA
- 8.5.3.1. Company overview
- 8.5.3.2. Financial performance
- 8.5.3.3. Material benchmarking
- 8.5.3.4. Strategic initiatives
- 8.5.4. Arconic Inc.
- 8.5.4.1. Company overview
- 8.5.4.2. Financial performance
- 8.5.4.3. Material benchmarking
- 8.5.4.4. Strategic initiatives
- 8.5.5. Kobe Steel, Ltd.
- 8.5.5.1. Company overview
- 8.5.5.2. Financial performance
- 8.5.5.3. Material benchmarking
- 8.5.5.4. Strategic initiatives
- 8.5.6. Allegheny Technologies
- 8.5.6.1. Company overview
- 8.5.6.2. Financial performance
- 8.5.6.3. Material benchmarking
- 8.5.6.4. Strategic initiatives
- 8.5.7. Cytec Solvay Group
- 8.5.7.1. Company overview
- 8.5.7.2. Financial performance
- 8.5.7.3. Material benchmarking
- 8.5.7.4. Strategic initiatives
- 8.5.8. Hexcel Corporation
- 8.5.8.1. Company overview
- 8.5.8.2. Financial performance
- 8.5.8.3. Material benchmarking
- 8.5.8.4. Strategic initiatives
- 8.5.9. Novelis
- 8.5.9.1. Company overview
- 8.5.9.2. Financial performance
- 8.5.9.3. Material benchmarking
- 8.5.9.4. Strategic initiatives
- 8.5.10. Constellium N.V
- 8.5.10.1. Company overview
- 8.5.10.2. Financial performance
- 8.5.10.3. Material benchmarking
- 8.5.10.4. Strategic initiatives
- 8.5.11. SGL Carbon
- 8.5.11.1. Company overview
- 8.5.11.2. Financial performance
- 8.5.11.3. Material benchmarking
- 8.5.11.4. Strategic initiatives
- 8.5.12. thyssenkrupp Aerospace
- 8.5.12.1. Company overview
- 8.5.12.2. Financial performance
- 8.5.12.3. Material benchmarking
- 8.5.12.4. Strategic initiatives
- 8.5.13. Formosa Plastics, Corporation
- 8.5.13.1. Company overview
- 8.5.13.2. Financial performance
- 8.5.13.3. Material benchmarking
- 8.5.13.4. Strategic initiatives
- 8.5.14. Strata Manufacturing PJSC
- 8.5.14.1. Company overview
- 8.5.14.2. Financial performance
- 8.5.14.3. Material benchmarking
- 8.5.14.4. Strategic initiatives
- 8.5.15. Teijin Ltd.
- 8.5.15.1. Company overview
- 8.5.15.2. Financial performance
- 8.5.15.3. Material benchmarking
- 8.5.15.4. Strategic initiatives