refer to materials used by the aircraft OEMs & component manufacturers for building various aircraft parts. The materials used in airplane design have been constantly evolving. Earlier flights were primarily built of spruce and ash wood with muslin covering the wings, while today’s airliners are made mostly of aluminium with some structure made from steel. Aluminium is lightweight, technically advanced in terms of forming and alloying, and it is relatively low cost, especially when compared to other composites hence offering effective aerodynamic features to the airplane.
Materials such as titanium alloys, steel alloys, aluminium alloys, super alloys and composite materials are used to build aircrafts. Composite materials in aerospace are used primarily because they have a higher strength to weight ratio than metals. Hence they aid in efficient usage of fuel facilitating in decreasing harmful fuel emissions into the atmosphere. The various types of aerospace composites are: glass fibre reinforced plastics, carbon fibre reinforced plastics, metal matrix composites (MMC), aramid fibre composites, and ceramic matrix composites (CMC).
The main drivers for the growth of the global aerospace materials market
are rise in demand for new aircrafts, increased aircraft size, change in technology, high replacement rate. Materials such as aluminium alloys, titanium alloys and composite materials are used for building aircrafts. But rise in usage of the composite materials and titanium alloys in the new generation of aircrafts is expected to increase demand for these materials in the upcoming future.
The market is further segmented and forecast for major regions, North America, Western Europe, and central Asia. North America, Europe, Asia Pacific are major for the aerospace market by volume and value. And globally the U.S. is the top consumer for the aerospace material. Growth in the region is expected to take place due to the large number of mergers, and acquisition and expansion by some major players taking place. Companies like Alcoa Inc.( New York City) and Cytec Industries(New Jersey) are two of the biggest players in the country. France is the second-largest aerospace composite consumer in the world.
Increasing demand for the various aircrafts from the Asia-Pacific and other emerging regions is the major growth driver of the aerospace materials industry. Future growth centers on developing economies, especially in Asia-Pacific and other emerging economies. China and India, especially, stand out as worthy emerging markets along with Latin America. APAC region looks promising owing to number of facility expansions, merger & acquisitions and strategic partnerships that took place in this region. Also, surge in foreign investments and rise in the number of new manufacturing establishments will drive the aerospace composite market in APAC region.
The leading players in this market include:
- AMG N.V.
- Aleris Inc.
- Teijin Limited
1. Market Overview
2. Executive Summary
3. Aerospace Material Market Landscape
3.1. Market Share Analysis
3.2. Comparative Analysis
3.2.1. Product Bench marking
3.2.2. End User Profiling
3.2.3. Top 5 Financials Analysis4. Aerospace Material Market Forces
4.1. Market Drivers
4.2. Market Constraints
4.3. Market Challenges
4.4. Attractiveness Of The Aerospace Material Market
4.4.1. Power Of Suppliers
4.4.2. Threats From New Entrants
4.4.3. Power Of Buyer
4.4.4. Threat From Substitute Product
4.4.5. Degree Of Competition5. Aerospace Material Market Strategic Analysis
5.1. Aerospace Material Market - Value Chain Analysis
5.2. Pricing Analysis
5.3. Opportunity Analysis
5.4. Product Life Cycle
5.5. Suppliers And Distributors
5.6. Swot Analysis6. Aerospace Material Market-By Material Type
6.2. Aluminium Alloys
6.3. Steel Alloys
6.4. Titanium Alloys
6.5. Super Alloys
6.7. Others7. Aerospace Material Market- By End User
7.2. Commercial Aircraft
7.3. Defence Aircraft
7.5. Space Vehicles
7.6. Others 8. Aerospace Material Market- By Aircraft Type
8.1. Large Wide Body
8.2. Medium Wide Body
8.3. Small Wide Body
8.4. Single Aisle
8.5. Regional Jets9. Aerospace Material Market- By Composites
9.2. Glass Fibre Reinforced Plastics
9.3. Carbon Fibre Reinforced Plastics
9.4. Metal Matrix Composites (MMC)
9.5. Aramid Fibre Composites,
9.6. Ceramic Matrix Composites(CMC)
9.7. Others10. Aerospace Material Market-By Geography
10.4. Rest of The World (RoW)
10.4.1. Middle East
10.4.2. Africa11. Aerospace Material Market -Entropy
11.1. New Product Developments
11.2. Mergers and Acquisitions12. Company Profiles
12.1. ATI Metals
12.3. TI International Ltd
12.4. J & N Metal Products, LLC
12.6. Constellium N.V.
12.7. Hindalco-Almex Aerospace Limited (HAAL)
12.8. Aleris International, Inc
12.9. AMG N.V.
12.10. ATI Metals
12.11. Amari Aerospace Ltd
12.12. Aleris Inc.
12.13. E. I. du Pont de Nemours and Company.
12.14. Teijin Limited *More than 40 Companies are profiled in this Research Report, Complete List available on Request*
"*Financials would be provided on a best efforts basis for private companies"
13.3. Research Methodology
13.5. Compilation of Expert Insights