The main drivers for the growth of the global aerospace market are change in technology, increased aircraft size, high replacement rate. Materials such as aluminium alloys, titanium alloys and composite materials are used for building aircrafts.
Global Aerospace Materials Industry
The aerospace materials market is valued at $13.4 billion in 2014 and expected to grow at a compound annual growth rate (CAGR) of 7.4% reaching $23.8 billion in 2022.
Aluminium alloys reckons for nearly 50.0% of the market in terms of volume, yet it corresponds to only around 25.0 per cent of the market in terms of value. The demand for aluminium alloys is likely to remain steady in between 2014 and 2019, but raise 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.
Complete report details @ www.wiseguyreports.com/reports/glo…outlook-2014-2022
The global aerospace materials market is segmented on material types, aircraft types and region. Depending on the material type the market is segmented into five types namely Aluminium Alloys, Steel Alloys, Titanium Alloys, Super Alloys and Composite Materials.
Based On aircraft types aerospace materials market is divided into Commercial Aircraft, Military Aircraft, Business & General Aviation, Helicopters and Others.
Geographically aerospace market is segmented into North America, Europe, Asia Pacific and Rest of the World (ROW).North America, Europe, Asia Pacific dominated the aerospace market by volume and value. And globally US 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.
Major players in the mining market include Kobe Steel Limited, Alcoa Inc., Cytec Industries Inc., Du Pont, De Nemours, AMG N.V, ATI Metals, Aleris International Inc., Constellium N.V.
Try sample report @ www.wiseguyreports.com/sample-requ…outlook-2014-2022
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 8 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Make an enquiry on this Report @ www.wiseguyreports.com/enquiry/glo…outlook-2014-2022
Table of content
1 Executive Summary 2 Preface
2.2 Research Scope
2.3 Research Methodology
2.4 Research Sources 3 Market Trend Analysis
3.5 Threats 4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry 5 Global Aerospace Mateials Market, By Material Types
5.1 Composite Materials
5.2 Super Alloys
5.3 Titanium Alloys
5.4 Steel Alloys
5.5 Aluminium Alloys 6 Global Aerospace Material Market, By Aircraft Type
6.1 Business & General Aviation
6.3 Commercial Aircrafts
6.4 Military Aircraft
6.5 Others Access this report @ www.wiseguyreports.com/checkout?cu…;report_id=221987
Category: Market Research Publishers and RetailersCompany about: Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available. We also provide COTS (Commercial off the Shelf) business sector reports as custom exploration agreeing your particular needs. Our Market Research Reports and Consulting Services ...
For more information:Make an Inquiry about this report HERE!