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Aerospace Lightweight Materials-Global Market Insights and Sales Trends 2024
Synopsis
In aerospace industry, development of new materials with reduced weight, improved application specific performance and reduced cost has a significant importance. Increasing demand for these characteristics are expected to have a positive impact the global aerospace lightweight materials market. A one-piece design reduces the number of components in overall assemblies, which ultimately reduces the material costs and the total number of components. However, the setup, work holding and surface finish is still difficult to achieve. Designers, engineers, machinists and machine or cutting tool partners are continuously developing new solutions to achieve this target. The mix of materials in aerospace industry is expected to continually change in coming years with new technologies in composites and metals.
The global Aerospace Lightweight Materials market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Aerospace Lightweight Materials in various end use industries. The expanding demands from the Business Aircraft, Commercial Aircraft, Missiles and Munitions and Engines, are propelling Aerospace Lightweight Materials market. Aluminum Alloys, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Titanium Alloys segment is estimated at % CAGR for the next seven-year period.
The global aerospace lightweight materials market is expected to increase at a significant pace due to increasing demand for properties such as high fuel efficiency and high temperature resistance. Moreover, the global aerospace lightweight materials market is anticipated to increase due to the implementation of stringent regulations over carbon emissions across the globe. Easy machining, high strength, low density and high thrust-to-weight ratio in aircraft engines is expected to drive the demand for titanium aluminide (TiAl) and aluminum lithium (Al-Li) over the forecast period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Aerospace Lightweight Materials, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Aerospace Lightweight Materials market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Aerospace Lightweight Materials market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Aerospace Lightweight Materials sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Aerospace Lightweight Materials covered in this report include BASF, ASM International, Alcoa, Du Pont, Teijin Limited, Cytec Industries, Toray Industries and ATI Metals, etc.
The global Aerospace Lightweight Materials market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BASF
ASM International
Alcoa
Du Pont
Teijin Limited
Cytec Industries
Toray Industries
ATI Metals
Global Aerospace Lightweight Materials market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Aerospace Lightweight Materials market, Segment by Type:
Aluminum Alloys
Titanium Alloys
Stainless Steel
Nickel Alloys
Global Aerospace Lightweight Materials market, by Application
Business Aircraft
Commercial Aircraft
Missiles and Munitions
Engines
Military Fixed Wing
General Aviation
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Aerospace Lightweight Materials manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Aerospace Lightweight Materials in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
In aerospace industry, development of new materials with reduced weight, improved application specific performance and reduced cost has a significant importance. Increasing demand for these characteristics are expected to have a positive impact the global aerospace lightweight materials market. A one-piece design reduces the number of components in overall assemblies, which ultimately reduces the material costs and the total number of components. However, the setup, work holding and surface finish is still difficult to achieve. Designers, engineers, machinists and machine or cutting tool partners are continuously developing new solutions to achieve this target. The mix of materials in aerospace industry is expected to continually change in coming years with new technologies in composites and metals.
The global Aerospace Lightweight Materials market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Aerospace Lightweight Materials in various end use industries. The expanding demands from the Business Aircraft, Commercial Aircraft, Missiles and Munitions and Engines, are propelling Aerospace Lightweight Materials market. Aluminum Alloys, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Titanium Alloys segment is estimated at % CAGR for the next seven-year period.
The global aerospace lightweight materials market is expected to increase at a significant pace due to increasing demand for properties such as high fuel efficiency and high temperature resistance. Moreover, the global aerospace lightweight materials market is anticipated to increase due to the implementation of stringent regulations over carbon emissions across the globe. Easy machining, high strength, low density and high thrust-to-weight ratio in aircraft engines is expected to drive the demand for titanium aluminide (TiAl) and aluminum lithium (Al-Li) over the forecast period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Aerospace Lightweight Materials, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Aerospace Lightweight Materials market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Aerospace Lightweight Materials market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Aerospace Lightweight Materials sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Aerospace Lightweight Materials covered in this report include BASF, ASM International, Alcoa, Du Pont, Teijin Limited, Cytec Industries, Toray Industries and ATI Metals, etc.
The global Aerospace Lightweight Materials market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BASF
ASM International
Alcoa
Du Pont
Teijin Limited
Cytec Industries
Toray Industries
ATI Metals
Global Aerospace Lightweight Materials market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Aerospace Lightweight Materials market, Segment by Type:
Aluminum Alloys
Titanium Alloys
Stainless Steel
Nickel Alloys
Global Aerospace Lightweight Materials market, by Application
Business Aircraft
Commercial Aircraft
Missiles and Munitions
Engines
Military Fixed Wing
General Aviation
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Aerospace Lightweight Materials manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Aerospace Lightweight Materials in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Aerospace Lightweight Materials Market Overview
1.1 Aerospace Lightweight Materials Product Overview
1.2 Aerospace Lightweight Materials Market Segment by Type
1.2.1 Aluminum Alloys
1.2.2 Titanium Alloys
1.2.3 Stainless Steel
1.2.4 Nickel Alloys
1.3 Global Aerospace Lightweight Materials Market Size by Type
1.3.1 Global Aerospace Lightweight Materials Market Size Overview by Type (2018-2029)
1.3.2 Global Aerospace Lightweight Materials Historic Market Size Review by Type (2018-2023)
1.3.3 Global Aerospace Lightweight Materials Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Aerospace Lightweight Materials Sales Breakdown by Type (2018-2023)
1.4.2 Europe Aerospace Lightweight Materials Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Aerospace Lightweight Materials Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Aerospace Lightweight Materials Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Aerospace Lightweight Materials Sales Breakdown by Type (2018-2023)
2 Global Aerospace Lightweight Materials Market Competition by Company
2.1 Global Top Players by Aerospace Lightweight Materials Sales (2018-2023)
2.2 Global Top Players by Aerospace Lightweight Materials Revenue (2018-2023)
2.3 Global Top Players by Aerospace Lightweight Materials Price (2018-2023)
2.4 Global Top Manufacturers Aerospace Lightweight Materials Manufacturing Base Distribution, Sales Area, Product Type
2.5 Aerospace Lightweight Materials Market Competitive Situation and Trends
2.5.1 Aerospace Lightweight Materials Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Aerospace Lightweight Materials Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Aerospace Lightweight Materials as of 2022)
2.7 Date of Key Manufacturers Enter into Aerospace Lightweight Materials Market
2.8 Key Manufacturers Aerospace Lightweight Materials Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Aerospace Lightweight Materials Status and Outlook by Region
3.1 Global Aerospace Lightweight Materials Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Aerospace Lightweight Materials Historic Market Size by Region
3.2.1 Global Aerospace Lightweight Materials Sales in Volume by Region (2018-2023)
3.2.2 Global Aerospace Lightweight Materials Sales in Value by Region (2018-2023)
3.2.3 Global Aerospace Lightweight Materials Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Aerospace Lightweight Materials Forecasted Market Size by Region
3.3.1 Global Aerospace Lightweight Materials Sales in Volume by Region (2024-2029)
3.3.2 Global Aerospace Lightweight Materials Sales in Value by Region (2024-2029)
3.3.3 Global Aerospace Lightweight Materials Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Aerospace Lightweight Materials by Application
4.1 Aerospace Lightweight Materials Market Segment by Application
4.1.1 Business Aircraft
4.1.2 Commercial Aircraft
4.1.3 Missiles and Munitions
4.1.4 Engines
4.1.5 Military Fixed Wing
4.1.6 General Aviation
4.1.7 Others
4.2 Global Aerospace Lightweight Materials Market Size by Application
4.2.1 Global Aerospace Lightweight Materials Market Size Overview by Application (2018-2029)
4.2.2 Global Aerospace Lightweight Materials Historic Market Size Review by Application (2018-2023)
4.2.3 Global Aerospace Lightweight Materials Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Aerospace Lightweight Materials Sales Breakdown by Application (2018-2023)
4.3.2 Europe Aerospace Lightweight Materials Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Aerospace Lightweight Materials Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Aerospace Lightweight Materials Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Aerospace Lightweight Materials Sales Breakdown by Application (2018-2023)
5 North America Aerospace Lightweight Materials by Country
5.1 North America Aerospace Lightweight Materials Historic Market Size by Country
5.1.1 North America Aerospace Lightweight Materials Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Aerospace Lightweight Materials Sales in Volume by Country (2018-2023)
5.1.3 North America Aerospace Lightweight Materials Sales in Value by Country (2018-2023)
5.2 North America Aerospace Lightweight Materials Forecasted Market Size by Country
5.2.1 North America Aerospace Lightweight Materials Sales in Volume by Country (2024-2029)
5.2.2 North America Aerospace Lightweight Materials Sales in Value by Country (2024-2029)
6 Europe Aerospace Lightweight Materials by Country
6.1 Europe Aerospace Lightweight Materials Historic Market Size by Country
6.1.1 Europe Aerospace Lightweight Materials Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Aerospace Lightweight Materials Sales in Volume by Country (2018-2023)
6.1.3 Europe Aerospace Lightweight Materials Sales in Value by Country (2018-2023)
6.2 Europe Aerospace Lightweight Materials Forecasted Market Size by Country
6.2.1 Europe Aerospace Lightweight Materials Sales in Volume by Country (2024-2029)
6.2.2 Europe Aerospace Lightweight Materials Sales in Value by Country (2024-2029)
7 Asia-Pacific Aerospace Lightweight Materials by Region
7.1 Asia-Pacific Aerospace Lightweight Materials Historic Market Size by Region
7.1.1 Asia-Pacific Aerospace Lightweight Materials Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Aerospace Lightweight Materials Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Aerospace Lightweight Materials Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Aerospace Lightweight Materials Forecasted Market Size by Region
7.2.1 Asia-Pacific Aerospace Lightweight Materials Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Aerospace Lightweight Materials Sales in Value by Region (2024-2029)
8 Latin America Aerospace Lightweight Materials by Country
8.1 Latin America Aerospace Lightweight Materials Historic Market Size by Country
8.1.1 Latin America Aerospace Lightweight Materials Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Aerospace Lightweight Materials Sales in Volume by Country (2018-2023)
8.1.3 Latin America Aerospace Lightweight Materials Sales in Value by Country (2018-2023)
8.2 Latin America Aerospace Lightweight Materials Forecasted Market Size by Country
8.2.1 Latin America Aerospace Lightweight Materials Sales in Volume by Country (2024-2029)
8.2.2 Latin America Aerospace Lightweight Materials Sales in Value by Country (2024-2029)
9 Middle East and Africa Aerospace Lightweight Materials by Country
9.1 Middle East and Africa Aerospace Lightweight Materials Historic Market Size by Country
9.1.1 Middle East and Africa Aerospace Lightweight Materials Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Aerospace Lightweight Materials Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Aerospace Lightweight Materials Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Aerospace Lightweight Materials Forecasted Market Size by Country
9.2.1 Middle East and Africa Aerospace Lightweight Materials Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Aerospace Lightweight Materials Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 BASF
10.1.1 BASF Company Information
10.1.2 BASF Introduction and Business Overview
10.1.3 BASF Aerospace Lightweight Materials Sales, Revenue and Gross Margin (2018-2023)
10.1.4 BASF Aerospace Lightweight Materials Products Offered
10.1.5 BASF Recent Development
10.2 ASM International
10.2.1 ASM International Company Information
10.2.2 ASM International Introduction and Business Overview
10.2.3 ASM International Aerospace Lightweight Materials Sales, Revenue and Gross Margin (2018-2023)
10.2.4 ASM International Aerospace Lightweight Materials Products Offered
10.2.5 ASM International Recent Development
10.3 Alcoa
10.3.1 Alcoa Company Information
10.3.2 Alcoa Introduction and Business Overview
10.3.3 Alcoa Aerospace Lightweight Materials Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Alcoa Aerospace Lightweight Materials Products Offered
10.3.5 Alcoa Recent Development
10.4 Du Pont
10.4.1 Du Pont Company Information
10.4.2 Du Pont Introduction and Business Overview
10.4.3 Du Pont Aerospace Lightweight Materials Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Du Pont Aerospace Lightweight Materials Products Offered
10.4.5 Du Pont Recent Development
10.5 Teijin Limited
10.5.1 Teijin Limited Company Information
10.5.2 Teijin Limited Introduction and Business Overview
10.5.3 Teijin Limited Aerospace Lightweight Materials Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Teijin Limited Aerospace Lightweight Materials Products Offered
10.5.5 Teijin Limited Recent Development
10.6 Cytec Industries
10.6.1 Cytec Industries Company Information
10.6.2 Cytec Industries Introduction and Business Overview
10.6.3 Cytec Industries Aerospace Lightweight Materials Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Cytec Industries Aerospace Lightweight Materials Products Offered
10.6.5 Cytec Industries Recent Development
10.7 Toray Industries
10.7.1 Toray Industries Company Information
10.7.2 Toray Industries Introduction and Business Overview
10.7.3 Toray Industries Aerospace Lightweight Materials Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Toray Industries Aerospace Lightweight Materials Products Offered
10.7.5 Toray Industries Recent Development
10.8 ATI Metals
10.8.1 ATI Metals Company Information
10.8.2 ATI Metals Introduction and Business Overview
10.8.3 ATI Metals Aerospace Lightweight Materials Sales, Revenue and Gross Margin (2018-2023)
10.8.4 ATI Metals Aerospace Lightweight Materials Products Offered
10.8.5 ATI Metals Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Aerospace Lightweight Materials Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Aerospace Lightweight Materials Industrial Chain Analysis
11.4 Aerospace Lightweight Materials Market Dynamics
11.4.1 Aerospace Lightweight Materials Industry Trends
11.4.2 Aerospace Lightweight Materials Market Drivers
11.4.3 Aerospace Lightweight Materials Market Challenges
11.4.4 Aerospace Lightweight Materials Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Aerospace Lightweight Materials Distributors
12.3 Aerospace Lightweight Materials Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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