Report Overview

Global Aerospace MaterialsMarket- Industry Trends & Forecast Report 2027

A study, recently conducted by the strategic consulting and market research firm, BlueWeave Consulting revealed that in 2020, the global aerospace materials market was valued at USD 15,769.3 million, with a compound annual growth rate (CAGR) of 4.45%. The market is projected to reach a valuation of USD 20,974.8 million by 2027. Advances in technology, increased aircraft size and a high replacement rate are the key drivers of the global aerospace materials market's growth. The industry is anticipated to benefit soon from the high demand for aircraft. Additionally, the number of commercial and freight fleets around the world is predicted to double during the forecast period. Reduced defense spending in developing economies, as well as a restricted range of material alternatives due to complex requirements, are some of the barriers faced by the market.

Source: BlueWeave Consulting

Global Aerospace MaterialsMarket Overview

Aerospace materials are materials that have enhanced properties such as high tensile strength, superior temperature resistance, enhanced transparency, and a strong surface. Aerospace materials are used in a variety of applications in the aerospace industry. In the design of aircraft parts such as airframes, windows, interiors, engine components, propulsion systems, mirrors, and ceilings, aerospace manufacturers are changing their preference toward advanced plastics, carbon or glass-based fiber composites, and thereby replacing traditional metals.

The massive rise in passenger and freight traffic is expected to have a direct impact on aircraft production and demand for aerospace materials. Besides all these market growth factors COVID-19 is another key factor impeding the market growth as there has been a decline in the global aerospace materials market between 2019 and 2020 owing to the outbreak of the pandemic.

Passenger traffic has declined significantly as a result of global and regional air travel restrictions. Moreover, airlines are canceling new aircraft orders, and Airbus and Boeing have reduced aircraft production by up to 50%. Besides, MRO (maintenance, repair, and overhaul) companies has decreased dramatically, and work (aside from routine maintenance) has been reduced to a basic minimum. The factors cited above contributed to the market's downturn between 2019 and 2020. Thus, market players are preparing numerous strategic plans to deal with the COVID-19 type of situation in the market in the coming years.

Global Aerospace MaterialsMarket Forecast and Trends

Driver: Growing Use of Aircraft for Passenger and Freight Transportation

Air transportation is one of the major modes of transportation for both passengers and freights. Air transportation allows people to cover a large distance within a matter of hours or days. It also helps in transporting freights from one place to the other. According to the International Civil Aviation Organization (ICAO), the total number of passengers carried via scheduled aircraft services registered a growth of 6.4% from the previous year and rose to 4.3 billion in 2018, and further reached 4.5 billion in 2019, a 3.6% growth from the year 2018. Passenger traffic also grew by 4.9% in 2019 and reached 8,686 billion RPKs (revenue passenger-kilometers performed). Asia-pacific and Europe contributed 34.7% and 26.8% share in the total world air traffic with 5.2% and 6.6% growth respectively.

In 2020, Aerospace giant, Airbus inaugurated a new commercial aircraft final assembly line (FAL) in Mobile, Alabama. The company uses more than 50% of composite material in the manufacturing and assembly of its A350 XWB. The company further uses advance composite materials for the production of various parts of its jetliners. The A350 XWB's wing, including its upper and lower covers, is made mostly of lightweight carbon composites. Airbus delivered 863 jets in 2019. Another aerospace giant, Boeing also uses composite materials in various structural applications for its Dreamliner. The company delivered 380 aircraft in 2019. Apart from composite materials, high-strength aluminum, steel, and titanium are some traditionally used materials for aerospace applications.

Air transportation is expected to grow in 2021 as a result of a dramatic shift in consumer behavior and a growing e-commerce industry. Increased demand for passenger and freighter aircraft from the e-commerce and aviation sector is expected to drive the growth of the aerospace materials market during the forecast period. For instance, companies like Amazon, FedEx, and DHL are investing to further improve their services for overseas customers. Since these companies are looking to improve their services and expand their businesses, the demand for highly efficient aircraft is likely to go up. Passenger transportation is also expected to recover from the effects of COVID-19. Companies like Airbus and Boeing are the major manufacturers of passenger and freighter aircraft.

Restraint: Growing Geopolitical Tensions

Geopolitical tensions are on a rise around the globe. Countries are in disagreements with each other over so many things including borders, territory dominance, religious issues, and whatnot! Middle East Asia and North & East African countries all suffering from intense geopolitical tensions and attacks. Asia-Pacific countries like India, Pakistan, China, Hong Kong are also having political disagreements with each other with India-Pakistan and India-China, China-Hong Kong being the most notable ones. Aircraft manufacturing companies like Airbus and Boeing that have operations in countries like China are most likely to be affected. Import and export of aerospace materials like aluminum, titanium, composite materials are also likely to be affected by the tensions among countries. China is among the biggest producers of aluminum and titanium in the world. A trade war with China may lead to a rise in the prices of these metals, which are essential aerospace materials. Any increase in the prices of aerospace materials is expected to drive potential investors away from the global aerospace materials market and may hamper the growth of the market during the forecast period.

Impact of COVID-19 on Global Aerospace MaterialsMarket

Only a few industries were affected as badly as the aerospace industry owing to the outbreak of the pandemic. Countries went under a month-long lockdown, borders were sealed, and people were not allowed to roam outside to combat the raging pandemic, resulting in an all-time low demand for aircraft and jets. COVID-19 triggered a domino effect for the global aerospace materials market, which started with lockdowns and ended with the collapse of the aerospace materials industry and severely disrupted the supply chain for the global aerospace materials market. Global aircraft manufacturing giants, Airbus and Boeing made 42% fewer jet deliveries in 2020 compared to 2019 owing to the effects of COVID-19 across the supply chain. The availability of aerospace materials was also severely affected. China, a major producer of aluminum, titanium, and graphite, went under lockdown, which resulted in smelters being shut down or operating at reduced capacity. As a result, prices were expected to soar to new heights but the demand for materials took a massive hit as well, and the prices of all materials were affected differently.

All the regions are slowly recovering from the effects of COVID-19 but many European countries have been hit with the second and third waves of COVID-19. Some countries have even announced lockdowns. Although the COVID-19 second wave is sweeping the globe, its effect on the global aerospace materials market is expected to be minimal due to mass vaccination going on across the globe. As countries are slowly opening the borders and industries are reopening, the demand for aerospace materials are expected to recover swiftly in 2021 but it may take some time before things go back to pre-COVID levels.

Global Aerospace MaterialsMarket- By Material Type

The titanium segment held the largest market share of 28.13% in the global aerospace materials market in 2020, with a market value of USD 4,436.3 million. It is projected to expand at a CAGR of 4.93% over the forecast period. Materials such as aluminum alloys, titanium alloys, and composite materials are used in aerospace components. Aerospace components are specially designed and engineered for use in the aerospace industry. In terms of value, aluminum alloys accounted for 26.16% of the global aerospace materials market in 2020. Aluminum is primarily used in the manufacture of aerostructure components due to its excellent corrosion and heat resistance characteristics. During 2017 and 2019, the demand for aluminum alloys was expected to remain steady, but increased use of composite materials and titanium alloys in the next generation of aircraft is expected to boost demand for these materials in the coming years.

Source: BlueWeave Consulting

Global Aerospace MaterialsMarket- By Aircraft Type

Based on aircraft type, the global aerospace materials market is grouped into civil aircraft, military aircraft, and others. The civil aircraft segment accounted for the largest market share of 58.27% in 2020, with a market value of USD 9,189.0 million. It is expected to grow at a CAGR of 4.16% during the forecast period. Factors such as rising air passenger numbers, low airfares, and increased acceptance of the airway as a mode of transportation have boosted aircraft manufacturing investments, propelling the aircraft market to grow over the forecast period. The military aircraft segment is also expected to develop significantly during the forecast era owing to rising military and defense expenditure in countries such as China, India, the United States, Germany, the United Kingdom, France, and Russia.

Global Aerospace MaterialsMarket- By Region

Geographically, the aerospace materials market is categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for the largest market share of 38.11% in 2020, with a market value of USD 6,008.9 million. It is expected to register a CAGR of 3.87% during the forecast period. The aerospace industry is vital to the country's economy, not only because of the role it plays in national security, technical advancement, and transportation but also because it has an impact on a wide range of industries, from commercial airlines to military vehicle production. This industry also has a high import and export ratio. North America and Europe are the largest exporters of aerospace materials, with China being the primary importer.

Source: BlueWeave Consulting

Competitive Landscape

The global aerospace materials market has an established ecosystem comprising of some major companies with a diversified portfolio of products. The global aerospace materials market is highly consolidated with a few players holding a larger share in the market. The key players in the market include Toray Industries, AMG N.V., Solvay S.A., CONSTELLIUM SE, DuPont de Nemours, Inc., Alcoa Corporation, Teijin Limited, Hindalco Industries Limited, Kobe Steel Limited, ATI METALS,Hexcel Corporation, and other prominent players. These players have been adopting various organic and inorganic growth strategies like mergers & acquisitions, expansions, and recent product developments in the aerospace segment to increase the capitalization of market shares. The market players are increasingly working on adapting to the latest technologies to incorporate better measures to enhance the quality of aerospace materials, thereby enhancing the overall performance of commercial aircraft.

Recent Developments

·         In December 2020, Hindalco revealed its plan to construct a new 34,000-tonne extrusion plant at Silvassa. The new-fangled plant is being built to meet the rapidly increasing market demand for extruded aluminum. Hindalco Limited expects the plant to cost about USD 135 million.

·         In March 2020, Allegheny Technologies announced the restructuring of its business segments in order to strengthen its status as a leading manufacturer of specialty materials and drive long-term profitable growth.ATI reported that it would post financial results in two business segments beginning with the first quarter of 2020: a modernized high-performance materials & components (HPMC) segment and the new advanced alloys & solutions (AA&S) segment. As a result of this business realignment, the company expected total annualized operational and commercial synergies of approximately USD 7 million by year-end 2021 and USD 15 million for the year 2022.

Scope of the Report

By Material Type

Ø  Composite

Ø  Steel

Ø  Titanium

Ø  Aluminum

Ø  Others

By Aircraft Type

Ø  Civil Aircraft

Ø  Military Aircraft

Ø  Others

By Region

Ø  North America

Ø  Europe

Ø  The Asia-Pacific

Ø  Latin America

Ø  The Middle East and Africa

What is the current size of the global aerospace materials market?

Answer: The global aerospace materials market reached USD 15,769.3Million in 2020.

What are the major factors driving the growth of the global aerospace materials market?

Answer:The major factor propelling the growth of the global aerospace materials market is the growing use of aircraft for passenger and freight transportation.

Who are the key players in the global aerospace materials market?

Answer: The key players in the global aerospace materials market are Toray Industries, Alcoa Corporation, Solvay S.A., DuPont de Nemours, Inc., Teijin Limited, ATI METALS, CONSTELLIUM SE, Kobe Steel Limited, Hindalco Industries Limited, AMG N.V., Hexcel Corporation, and other prominent players.

Which material accounted for the largest share in the global aerospace materials market?

Answer: Titaniumaccounted for the largest share in the global aerospace materials market.

Which aircraft is dominating the global aerospace materials market?

Answer: Civil aircraft are dominating the global aerospace materials market.

1        EXECUTIVE SUMMARY  18

1.1     Market SYNOPSIS  18

2        SCOPE OF THE REPORT  19

2.1     Market Definition  19

2.2     Scope Of The Study  19

2.3     List Of Assumptions 19

2.4     Market Structure  20

3        MARKET RESEARCH METHODOLOGY  21

3.1     Research Methodology  21

3.2     SECONDARY RESEARCH  22

3.3     PRIMARY RESEARCH  22

3.4     BREAKDOWN OF PRIMARY RESPONDENTS  23

3.5     RESEARCH METHODOLOGY FOR MARKET SIZE ESTIMATION  24

4        Market Factor Analysis 27

4.1     VALUE CHAIN ANALYSIS / SUPPLY CHAIN ANALYSIS  27

4.1.1   RAW MATERIAL SUPPLY  27

4.1.2   MANUFACTURING  28

4.1.3   DISTRIBUTION  28

4.1.4   END-USE  28

4.2     Porter’s Five Forces Model 29

4.2.1   Threat of new entrants (Low) 30

4.2.2   Intensity Of Competitive Rivalry (Low) 30

4.2.3   Threat of substitutes (Moderate) 30

4.2.4   Bargaining power of suppliers (high) 30

4.2.5   Bargaining power of buyers (LOW) 30

4.3     Pricing analysis 31

4.3.1   ALUMINUM  31

4.3.2   TITANIUM  32

4.3.3   STEEL 33

4.3.4   COMPOSITE MATERIAL 34

4.3.5   OTHERS  35

4.3.5.1          SUPER ALLOYS  35

4.3.5.2          CARBON NANOTUBES  36

4.3.5.3          GRAPHITE  37

4.4     COVID-19 IMPACT  38

5        Market dynamics of the global aerospace materials market 39

5.1     Introduction  39

5.2     Drivers 40

5.2.1   GROWING USE OF AIRCRAFTS FOR PASSENGER AND FREIGHT TRANSPORTATION  40

5.2.2   Increasing use of composite materials & Super Alloys 40

5.2.3   Satellite Broadband, Space Exploration, and Militarization to Drive Growth  41

5.3     Restraints 41

5.3.1   Growing Geopolitical Tensions 41

5.3.2   Strict Legal and Government Regulations 41

5.4     OPPORTUNITIES  42

5.4.1   Developing Infrastructure and Manufacturing Shift Towards Asia-Pacific 42

5.4.2   Need to Strengthen the Defences with Increasing Investment 42

5.4.3   Investment in The Space Sector 43

5.5     CHALLENGES  44

5.5.1   Growing Environmental Concerns Related to the Use of Large Aircrafts 44

6        The Global Aerospace Materials Market 45

6.1     Introduction  45

6.2     By Material Type  46

6.2.1   Composite  47

6.2.2   Steel 47

6.2.3   titanium   48

6.2.4   aluminum   48

6.2.5   others 48

6.3     By Aircraft type  49

6.3.1   Civil Aircraft 50

6.3.2   Military Aircraft 50

6.3.3   Others 50

6.4     By Region  51

7        North America Aerospace Materials Market 53

7.1     Introduction  53

7.2     By Material type  53

7.3     By Aircraft type  54

7.4     By Country  56

7.4.1   US  57

7.4.1.1          Introduction  57

7.4.1.2          By Material type  57

7.4.1.3          By Aircraft type  59

7.4.2   CANADA  60

7.4.2.1          Introduction  60

7.4.2.2          By Material type  60

7.4.2.3          By Aircraft type  62

8        EUROPE Aerospace Materials Market 64

8.1     Introduction  64

8.2     By Material type  64

8.3     By Aircraft type  65

8.4     By country  66

8.4.1   Germany  68

8.4.1.1          Introduction  68

8.4.1.2          By Material type  68

8.4.1.3          By Aircraft type  70

8.4.2   France  71

8.4.2.1          Introduction  71

8.4.2.2          By Material type  71

8.4.2.3          By Aircraft type  73

8.4.3   Italy  74

8.4.3.1          Introduction  74

8.4.3.2          By Material type  74

8.4.3.3          By Aircraft type  76

8.4.4   Spain  77

8.4.4.1          Introduction  77

8.4.4.2          By Material type  77

8.4.4.3          By Aircraft type  79

8.4.5   U.K  80

8.4.5.1          Introduction  80

8.4.5.2          By Material type  80

8.4.5.3          By Aircraft type  82

8.4.6   RUSSIA  83

8.4.6.1          Introduction  83

8.4.6.2          By Material type  83

8.4.6.3          By Aircraft type  84

8.4.7   POLAND  86

8.4.7.1          Introduction  86

8.4.7.2          By Material type  86

8.4.7.3          By Aircraft type  87

8.4.8   REST OF EUROPE  89

8.4.8.1          Introduction  89

8.4.8.2          By Material type  89

8.4.8.3          By Aircraft type  90

9        ASIA-PACIFIC Aerospace Materials Market 92

9.1     introduction  92

9.2     By Material type  92

9.3     By Aircraft type  94

9.4     By Country  95

9.4.1   China  97

9.4.1.1          Introduction  97

9.4.1.2          By Material type  97

9.4.1.3          By Aircraft type  99

9.4.2   India  100

9.4.2.1          Introduction  100

9.4.2.2          By Material type  100

9.4.2.3          By Aircraft type  102

9.4.3   Japan  103

9.4.3.1          Introduction  103

9.4.3.2          By Material type  103

9.4.3.3          By Aircraft type  105

9.4.4   Australia  106

9.4.4.1          Introduction  106

9.4.4.2          By Material type  106

9.4.4.3          By Aircraft type  108

9.4.5   NEW ZEALAND  109

9.4.5.1          Introduction  109

9.4.5.2          By Material type  109

9.4.5.3          By Aircraft type  111

9.4.6   REST OF ASIA-PACIFIC  112

9.4.6.1          Introduction  112

9.4.6.2          By Material type  112

9.4.6.3          By Aircraft type  114

10      MIDDLE EAST & AFRICA Aerospace materials Market 116

10.1    Introduction  116

10.2    By Material type  116

10.3    By Aircraft type  118

10.4    By Country  119

10.4.1 Turkey  120

10.4.1.1        Introduction  120

10.4.1.2        By Material type  120

10.4.1.3        By Aircraft type  122

10.4.2 Israel 124

10.4.2.1        Introduction  124

10.4.2.2        By Material type  124

10.4.2.3        By Aircraft type  125

10.4.3 South Africa  127

10.4.3.1        Introduction  127

10.4.3.2        By Material type  127

10.4.3.3        By Aircraft type  128

10.4.4 GCC (Gulf corporation council) 130

10.4.4.1        Introduction  130

10.4.4.2        By Material type  130

10.4.4.3        By Aircraft type  131

10.4.5 REST OF MIDDLE EAST & AFRICA  133

10.4.5.1        Introduction  133

10.4.5.2        By Material type  133

10.4.5.3        By Aircraft type  134

11      LATIN AMERICA Aerospace Materials Market 136

11.1    Introduction  136

11.2    By Material type  136

11.3    By Aircraft type  137

11.4    By Country  139

11.4.1 Brazil 140

11.4.1.1        Introduction  140

11.4.1.2        By Material type  140

11.4.1.3        By Aircraft type  142

11.4.2 Argentina  144

11.4.2.1        Introduction  144

11.4.2.2        By Material type  144

11.4.2.3        By Aircraft type  145

11.4.3 Mexico  146

11.4.3.1        Introduction  146

11.4.3.2        By Material type  146

11.4.3.3        By Aircraft type  148

11.4.4 REST OF LATIN AMERICA  149

11.4.4.1        Introduction  149

11.4.4.2        By Material type  149

11.4.4.3        By Aircraft type  151

12      competitive landscape  153

12.1    INtroduction  153

12.2    Market Key StRAtegies 153

12.3    key development analysis 154

12.3.1 New product Launch/Service Deployment 154

12.4    Competitive Benchmarking  157

13      company profile  162

13.1    Toray Industries 162

13.1.1 Company Overview  162

13.1.2 Financial Overview  162

13.1.3 Products/Services Offered  163

13.1.4 Key Developments 163

13.1.5 TORAY INDUSTRIES: SWOT Analysis 164

13.1.6 Key Strategies 164

13.2    Alcoa Corporation  165

13.2.1 Company Overview  165

13.2.2 Financial Overview  165

13.2.3 Products/Services Offered  166

13.2.4 Key Developments 166

13.2.5 SWOT Analysis 167

13.2.6 Key Strategies 167

13.3    Solvay S.A. 168

13.3.1 COMPANY OVERVIEW   168

13.3.2 Financial Overview  168

13.3.3 Products/Services Offered  168

13.3.4 Key Developments 169

13.3.5 SWOT Analysis 170

13.3.6 Key Strategies 170

13.4    DuPont de Nemours, Inc. 171

13.4.1 Company Overview  171

13.4.2 Financial Overview  171

13.4.3 Products/Services Offered  172

13.4.4 Key Developments 173

13.4.5 SWOT Analysis 173

13.4.6 Key Strategies 173

13.5    Teijin limited  174

13.5.1 COMPANY OVERVIEW   174

13.5.2 Financial Overview  174

13.5.3 Products/Services Offered  175

13.5.4 Key Developments 175

13.5.5 SWOT Analysis 176

13.5.6 Key Strategies 176

13.6    ATI METALS  177

13.6.1 Company Overview  177

13.6.2 Financial Overview  177

13.6.3 Products/Services Offered  178

13.6.4 Key Developments 178

13.6.5 SWOT Analysis 179

13.6.6 Key Strategies 179

13.7    CONSTELLIUM SE  180

13.7.1 Company Overview  180

13.7.2 Financial Overview  180

13.7.3 Products/Services Offered  181

13.7.4 Key Developments 181

13.7.5 SWOT Analysis 182

13.7.6 Key Strategies 182

13.8    Kobe Steel Limited  183

13.8.1 Company Overview  183

13.8.2 Financial Overview  183

13.8.3 Products/Services Offered  184

13.8.4 Key Developments 184

13.8.5 SWOT Analysis 185

13.8.6 Key Strategies 185

13.9    Hindalco Industries Limited  186

13.9.1 Company Overview  186

13.9.2 Financial Overview  186

13.9.3 Products/Services Offered  187

13.9.4 Key Developments 187

13.9.5 SWOT Analysis 188

13.9.6 Key Strategies 188

13.10  AMG N.V. 189

13.10.1         Company Overview  189

13.10.2         Financial Overview  189

13.10.3         Products/Services Offered  190

13.10.4         Key Developments 190

13.10.5         SWOT Analysis 191

13.10.6         Key Strategies 191

13.11  Hexcel Corporation  192

13.11.1         Company Overview  192

13.11.2         Financial Overview  192

13.11.3         Products/Services Offered  193

13.11.4         Key Developments 193

13.11.5         SWOT Analysis 194

13.11.6         Key Strategies 194

TABLE 1        Market synopsis 19

TABLE 1        List of assumptions 20

TABLE 2        Aluminum Pricing trend from 2017 to 2020 (USD/Ton) 32

TABLE 3        tITANIum Pricing trend from 2017 to 2020 (USD/Ton) 33

TABLE 4        Steel Pricing trend from 2017 to 2020 (USD/Ton) 34

TABLE 5        Composite material Pricing trend from 2017 to 2020 (USD/Ton) 35

TABLE 6        Super alloys Pricing trend from 2017 to 2020 (USD/Ton) 36

TABLE 7        Carbon nanotubes Pricing trend from 2017 to 2020 (USD/Ton) 37

TABLE 8        Graphite Pricing trend from 2017 to 2020 (USD/Ton) 38

TABLE 9        Global Aerospace materials Market, by Material type, 2017–2020 (USD Million) 48

TABLE 10       Global Aerospace materials Market, by Material type, 2021–2027 (USD Million) 48

Source: Industry Expert, Secondary Research, and MRFR Analysis 50

TABLE 11       Global Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 50

TABLE 12       Global Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 51

TABLE 13       Global Aerospace materials Market, by Region, 2017-2020 (USD Million) 53

TABLE 14       Global Aerospace materials Market, by Region, 2021-2027 (USD Million) 53

TABLE 15       North America Aerospace materials Market, by Material type, 2017–2020 (USD Million) 55

TABLE 16       North America Aerospace materials Market, by Material type, 2021–2027 (USD Million) 55

TABLE 17       North America Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 56

TABLE 18       North America Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 56

TABLE 19       North America Aerospace materials Market, by country, 2017–2020 (USD Million) 57

TABLE 20       North America Aerospace materials Market, by country, 2021–2027 (USD Million) 58

TABLE 21       U.S. Aerospace materials Market, by Material type, 2017–2020 (USD Million) 59

TABLE 22       U.S. Aerospace materials Market, by Material type, 2021–2027 (USD Million) 59

TABLE 23       U.S. Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 60

TABLE 24       U.S. Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 61

TABLE 25       CANADA Aerospace materials Market, by Material type, 2017–2020 (USD Million) 62

TABLE 26       CANADA Aerospace materials Market, by Material type, 2021–2027 (USD Million) 62

TABLE 27       CANADA Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 63

TABLE 28       CANADA Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 64

TABLE 29       EUROPE Aerospace materials Market, by Material type, 2017–2020 (USD Million) 66

TABLE 30       EUROPE Aerospace materials Market, by Material type, 2021–2027 (USD Million) 66

TABLE 31       EUROPE Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 67

TABLE 32       EUROPE Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 67

TABLE 33       EUROPE Aerospace materials Market, by country, 2017–2020 (USD Million) 68

TABLE 34       EUROPE Aerospace materials Market, by country, 2021–2027 (USD Million) 69

TABLE 35       GERMANY Aerospace materials Market, by Material type, 2017–2020 (USD Million) 70

TABLE 36       GERMANY Aerospace materials Market, by Material type, 2021–2027 (USD Million) 71

TABLE 37       GERMANY Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 72

TABLE 38       GERMANY Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 72

TABLE 39       FRANCE Aerospace materials Market, by Material type, 2017–2020 (USD Million) 73

TABLE 40       FRANCE Aerospace materials Market, by Material type, 2021–2027 (USD Million) 74

TABLE 41       FRANCE Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 75

TABLE 42       FRANCE Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 75

TABLE 43       Italy Aerospace materials Market, by Material type, 2017–2020 (USD Million) 76

TABLE 44       Italy Aerospace materials Market, by Material type, 2021–2027 (USD Million) 76

TABLE 45       Italy Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 77

TABLE 46       Italy Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 78

TABLE 47       Spain Aerospace materials Market, by Material type, 2017–2020 (USD Million) 79

TABLE 48       Spain Aerospace materials Market, by Material type, 2021–2027 (USD Million) 80

TABLE 49       Spain Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 81

TABLE 50       Spain Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 81

TABLE 51       U.K Aerospace materials Market, by Material type, 2017–2020 (USD Million) 82

TABLE 52       U.K Aerospace materials Market, by Material type, 2021–2027 (USD Million) 82

TABLE 53       U.K Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 83

TABLE 54       U.K Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 83

TABLE 55       RUSSIA Aerospace materials Market, by Material type, 2017–2020 (USD Million) 85

TABLE 56       RUSSIA Aerospace materials Market, by Material type, 2021–2027 (USD Million) 85

TABLE 57       RUSSIA Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 86

TABLE 58       RUSSIA Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 86

TABLE 59       POLAND Aerospace materials Market, by Material type, 2017–2020 (USD Million) 88

TABLE 60       POLAND Aerospace materials Market, by Material type, 2021–2027 (USD Million) 88

TABLE 61       POLAND Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 89

TABLE 62       POLAND Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 89

TABLE 63       REST OF EUROPE Aerospace materials Market, by Material type, 2017–2020 (USD Million) 91

TABLE 64       REST OF EUROPE Aerospace materials Market, by Material type, 2021–2027 (USD Million) 91

TABLE 65       REST OF EUROPE Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 92

TABLE 66       REST OF EUROPE Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 92

TABLE 67       ASIA-PACIFIC Aerospace materials Market, by Material type, 2017–2020 (USD Million) 94

TABLE 68       ASIA-PACIFIC Aerospace materials Market, by Material type, 2021–2027 (USD Million) 95

TABLE 69       ASIA-PACIFIC Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 96

TABLE 70       ASIA-PACIFIC Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 96

TABLE 71       ASIA-PACIFIC Aerospace materials Market, by country, 2017–2020 (USD Million) 97

TABLE 72       ASIA-PACIFIC Aerospace materials Market, by country, 2021–2027 (USD Million) 98

TABLE 73       CHINA Aerospace materials Market, by Material type, 2017–2020 (USD Million) 99

TABLE 74       CHINA Aerospace materials Market, by Material type, 2021–2027 (USD Million) 99

TABLE 75       CHINA Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 100

TABLE 76       CHINA Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 101

TABLE 77       INDIA Aerospace materials Market, by Material type, 2017–2020 (USD Million) 102

TABLE 78       INDIA Aerospace materials Market, by Material type, 2021–2027 (USD Million) 103

TABLE 79       INDIA Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 104

TABLE 80       INDIA Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 104

TABLE 81       Japan Aerospace materials Market, by Material type, 2017–2020 (USD Million) 105

TABLE 82       Japan Aerospace materials Market, by Material type, 2021–2027 (USD Million) 106

TABLE 83       Japan Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 107

TABLE 84       Japan Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 107

TABLE 85       Australia Aerospace materials Market, by Material type, 2017–2020 (USD Million) 108

TABLE 86       Australia Aerospace materials Market, by Material type, 2021–2027 (USD Million) 109

TABLE 87       Australia Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 110

TABLE 88       Australia Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 110

TABLE 89       NEW ZEALAND Aerospace materials Market, by Material type, 2017–2020 (USD Million) 111

TABLE 90       NEW ZEALAND Aerospace materials Market, by Material type, 2021–2027 (USD Million) 112

TABLE 91       NEW ZEALAND Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 113

TABLE 92       NEW ZEALAND Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 113

TABLE 93       REST OF ASIA-PACIFIC Aerospace materials Market, by Material type, 2017–2020 (USD Million) 114

TABLE 94       REST OF ASIA-PACIFIC Aerospace materials Market, by Material type, 2021–2027 (USD Million) 115

TABLE 95       REST OF ASIA-PACIFIC Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 116

TABLE 96       REST OF ASIA-PACIFIC Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 116

TABLE 97       MIDDLE EAST & AFRICA Aerospace materials Market, by Material type, 2017–2020 (USD Million) 118

TABLE 98       MIDDLE EAST & AFRICA Aerospace materials Market, by Material type, 2021–2027 (USD Million) 118

TABLE 99       MIDDLE EAST & AFRICA Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 119

TABLE 100     MIDDLE EAST & AFRICA Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 120

TABLE 101     MIDDLE EAST & AFRICA Aerospace materials Market, by country, 2017–2020 (USD Million) 121

TABLE 102     MIDDLE EAST & AFRICA Aerospace materials Market, by country, 2021–2027 (USD Million) 121

TABLE 103     TURKEY Aerospace materials Market, by Material type, 2017–2020 (USD Million) 122

TABLE 104     TURKEY Aerospace materials Market, by Material type, 2021–2027 (USD Million) 123

TABLE 105     TURKEY Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 124

TABLE 106     TURKEY Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 124

TABLE 107     ISRAEL Aerospace materials Market, by Material type, 2017–2020 (USD Million) 126

TABLE 108     ISRAEL Aerospace materials Market, by Material type, 2021–2027 (USD Million) 126

TABLE 109     ISRAEL Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 127

TABLE 110     ISRAEL Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 127

TABLE 111     South Africa Aerospace materials Market, by Material type, 2017–2020 (USD Million) 129

TABLE 112     South Africa Aerospace materials Market, by Material type, 2021–2027 (USD Million) 129

TABLE 113     South Africa Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 130

TABLE 114     South Africa Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 130

TABLE 115     GCC Aerospace materials Market, by Material type, 2017–2020 (USD Million) 132

TABLE 116     GCC Aerospace materials Market, by Material type, 2021–2027 (USD Million) 132

TABLE 117     GCC Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 133

TABLE 118     GCC Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 133

TABLE 119     REST OF MIDDLE EAST & AFRICA Aerospace materials Market, by Material type, 2017–2020 (USD Million) 134

TABLE 120     REST OF MIDDLE EAST & AFRICA Aerospace materials Market, by Material type, 2021–2027 (USD Million) 135

TABLE 121     REST OF MIDDLE EAST & AFRICA Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 136

TABLE 122     REST OF MIDDLE EAST & AFRICA Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 136

TABLE 123     LATIN AMERICA Aerospace materials Market, by Material type, 2017–2020 (USD Million) 138

TABLE 124     LATIN AMERICA Aerospace materials Market, by Material type, 2021–2027 (USD Million) 138

TABLE 125     LATIN AMERICA Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 139

TABLE 126     LATIN AMERICA Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 139

TABLE 127     LATIN AMERICA Aerospace materials Market, by country, 2017–2020 (USD Million) 140

TABLE 128     LATIN AMERICA Aerospace materials Market, by country, 2021–2027 (USD Million) 141

TABLE 129     BRAZIL Aerospace materials Market, by Material type, 2017–2020 (USD Million) 142

TABLE 130     BRAZIL Aerospace materials Market, by Material type, 2021–2027 (USD Million) 143

TABLE 131     BRAZIL Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 144

TABLE 132     BRAZIL Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 144

TABLE 133     ARGENTINA Aerospace materials Market, by Material type, 2017–2020 (USD Million) 145

TABLE 134     ARGENTINA Aerospace materials Market, by Material type, 2021–2027 (USD Million) 146

TABLE 135     ARGENTINA Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 147

TABLE 136     ARGENTINA Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 147

TABLE 137     Mexico Aerospace materials Market, by Material type, 2017–2020 (USD Million) 148

TABLE 138     Mexico Aerospace materials Market, by Material type, 2021–2027 (USD Million) 149

TABLE 139     Mexico Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 149

TABLE 140     Mexico Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 150

TABLE 141     REST OF LATIN AMERICA Aerospace materials Market, by Material type, 2017–2020 (USD Million) 151

TABLE 142     REST OF LATIN AMERICA Aerospace materials Market, by Material type, 2021–2027 (USD Million) 152

TABLE 143     REST OF LATIN AMERICA Aerospace materials Market, by aircraft type, 2017–2020 (USD Million) 153

TABLE 144     REST OF LATIN AMERICA Aerospace materials Market, by aircraft type, 2021–2027 (USD Million) 153

TABLE 145     key strategies 154

TABLE 146     New product Launch/ Service Deployment 155

TABLE 147     BENCHMARKING OF MAJOR COMPETITORS  158

TABLE 148     TORAY INDUSTRIES: Products/Services Offered  164

TABLE 149     Alcoa corporation: Products/Services Offered  167

TABLE 150     Solvay S.A.: Products/Services Offered  169

TABLE 151     DuPont de Nemours, Inc.: Products/Services Offered  173

TABLE 152     TEIJIN LIMITED: Products/Services Offered  176

TABLE 153     ATI METALS: Products/Services Offered  179

TABLE 154     CONSTELLIUM SE: Products/Services Offered  182

TABLE 155     kobe steel limited: Products/Services Offered  185

TABLE 156     hindalco industries limited: Products/Services Offered  188

TABLE 157     amg n.v.: Products/Services Offered  191

TABLE 158     hexcel corporation: Products/Services Offered  194

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FIGURE 1       Global Aerospace materials overview  18

FIGURE 2       Global Aerospace materials Market: Structure  20

FIGURE 3       bottom-up and top-down approaches 24

FIGURE 4       Value/supply Chain Analysis: Global AEROSPACE MATERIALS Market 27

FIGURE 5       Porter’s five forces model: Global Aerospace materials Market 29

FIGURE 6       Aluminum pricing trend 2017 to 2020 (USD/Ton) 31

FIGURE 7       TITANIUM PRICING TREND 2017 TO 2020 (USD/TON) 32

FIGURE 8       Steel PRICING TREND 2017 TO 2020 (USD/TON) 33

FIGURE 9       Composite material pricing TREND 2017 TO 2020 (USD/TON) 34

FIGURE 10     Super alloys pricing TREND 2017 TO 2020 (USD/TON) 35

FIGURE 11     Carbon nanotubes pricing TREND 2017 TO 2020 (USD/TON) 36

FIGURE 12     graphite pricing TREND 2017 TO 2020 (USD/TON) 37

FIGURE 13     market dynamic ANALYSIS OF the Global Aerospace materials Market 39

FIGURE 14     Global Aerospace materials Market Size (USD Million), 2017-2027  45

FIGURE 15     Global Aerospace materials Market Share (%), By material type, 2017-2027  46

FIGURE 16     Global Aerospace materials Market Share (%), By aircraft type, 2017-2027  49

FIGURE 17     Global Aerospace materials Market Share (%), by Region, 2017-2027  51

FIGURE 18     North America Aerospace materials Market Share (%), By material type, 2017-2027  53

FIGURE 19     North america Aerospace materials Market Share (%), By aircraft type, 2017-2027  55

FIGURE 20     north america Aerospace materials Market Share (%), by country, 2017-2027  56

FIGURE 21     U.s. Aerospace materials Market Share (%), By material type, 2017-2027  58

FIGURE 22     u.s. Aerospace materials Market Share (%), By aircraft type, 2017-2027  59

FIGURE 23     canada Aerospace materials Market Share (%), By material type, 2017-2027  61

FIGURE 24     Canada Aerospace materials Market Share (%), By aircraft type, 2017-2027  62

FIGURE 25     EUROPE Aerospace materials Market Share (%), By material type, 2017-2027  64

FIGURE 26     EUROPE Aerospace materials Market Share (%), By aircraft type, 2017-2027  66

FIGURE 27     EUROPE Aerospace materials Market Share (%), by country, 2017-2027  67

FIGURE 28     Germany Aerospace materials Market Share (%), By material type, 2017-2027  69

FIGURE 29     Germany Aerospace materials Market Share (%), By aircraft type, 2017-2027  70

FIGURE 30     France Aerospace materials Market Share (%), By material type, 2017-2027  72

FIGURE 31     France Aerospace materials Market Share (%), By aircraft type, 2017-2027  73

FIGURE 32     Italy Aerospace materials Market Share (%), By material type, 2017-2027  75

FIGURE 33     Italy Aerospace materials Market Share (%), By aircraft type, 2017-2027  76

FIGURE 34     Spain Aerospace materials Market Share (%), By material type, 2017-2027  78

FIGURE 35     Spain Aerospace materials Market Share (%), By aircraft type, 2017-2027  79

FIGURE 36     U.K Aerospace materials Market Share (%), By material type, 2017-2027  81

FIGURE 37     U.K Aerospace materials Market Share (%), By aircraft type, 2017-2027  82

FIGURE 38     RUSSIA Aerospace materials Market Share (%), By material type, 2017-2027  83

FIGURE 39     RUSSIA Aerospace materials Market Share (%), By aircraft type, 2017-2027  85

FIGURE 40     POLAND Aerospace materials Market Share (%), By material type, 2017-2027  86

FIGURE 41     POLAND Aerospace materials Market Share (%), By aircraft type, 2017-2027  88

FIGURE 42     REST OF EUROPE Aerospace materials Market Share (%), By material type, 2017-2027  89

FIGURE 43     REST OF EUROPE Aerospace materials Market Share (%), By aircraft type, 2017-2027  91

FIGURE 44     ASIA-PACIFIC Aerospace materials Market Share (%), By material type, 2017-2027  93

FIGURE 45     ASIA-PACIFIC Aerospace materials Market Share (%), By aircraft type, 2017-2027  94

FIGURE 46     ASIA-PACIFIC Aerospace materials Market Share (%), by country, 2017-2027  96

FIGURE 47     China Aerospace materials Market Share (%), By material type, 2017-2027  98

FIGURE 48     China Aerospace materials Market Share (%), By aircraft type, 2017-2027  99

FIGURE 49     India Aerospace materials Market Share (%), By material type, 2017-2027  101

FIGURE 50     India Aerospace materials Market Share (%), By aircraft type, 2017-2027  102

FIGURE 51     Japan Aerospace materials Market Share (%), By material type, 2017-2027  104

FIGURE 52     Japan Aerospace materials Market Share (%), By aircraft type, 2017-2027  105

FIGURE 53     Australia Aerospace materials Market Share (%), By material type, 2017-2027  107

FIGURE 54     Australia Aerospace materials Market Share (%), By aircraft type, 2017-2027  108

FIGURE 55     NEW ZEALAND Aerospace materials Market Share (%), By material type, 2017-2027  110

FIGURE 56     NEW ZEALAND Aerospace materials Market Share (%), By aircraft type, 2017-2027  111

FIGURE 57     REST OF ASIA-PACIFIC Aerospace materials Market Share (%), By material type, 2017-2027  113

FIGURE 58     REST OF ASIA-PACIFIC Aerospace materials Market Share (%), By aircraft type, 2017-2027  114

FIGURE 59     MIDDLE EAST & AFRICA Aerospace materials Market Share (%), By material type, 2017-2027  117

FIGURE 60     MIDDLE EAST & AFRICA Aerospace materials Market Share (%), By aircraft type, 2017-2027  118

FIGURE 61     MIDDLE EAST & AFRICA Aerospace materials Market Share (%), by country, 2017-2027  119

FIGURE 62     Turkey Aerospace materials Market Share (%), By material type, 2017-2027  121

FIGURE 63     Turkey Aerospace materials Market Share (%), By aircraft type, 2017-2027  122

FIGURE 64     Israel Aerospace materials Market Share (%), By material type, 2017-2027  124

FIGURE 65     Israel Aerospace materials Market Share (%), By aircraft type, 2017-2027  126

FIGURE 66     South Africa Aerospace materials Market Share (%), By material type, 2017-2027  127

FIGURE 67     South Africa Aerospace materials Market Share (%), By aircraft type, 2017-2027  129

FIGURE 68     GCC Aerospace materials Market Share (%), By material type, 2017-2027  130

FIGURE 69     GCC Aerospace materials Market Share (%), By aircraft type, 2017-2027  132

FIGURE 70     REST OF MIDDLE EAST & AFRICA Aerospace materials Market Share (%), By material type, 2017-2027  133

FIGURE 71     REST OF MIDDLE EAST & AFRICA Aerospace materials Market Share (%), By aircraft type, 2017-2027  134

FIGURE 72     LATIN AMERICA Aerospace materials Market Share (%), By material type, 2017-2027  136

FIGURE 73     LATIN AMERICA Aerospace materials Market Share (%), By aircraft type, 2017-2027  138

FIGURE 74     LATIN AMERICA Aerospace materials Market Share (%), by country, 2017-2027  139

FIGURE 75     Brazil Aerospace materials Market Share (%), By material type, 2017-2027  141

FIGURE 76     Brazil Aerospace materials Market Share (%), By aircraft type, 2017-2027  142

FIGURE 77     Argentina Aerospace materials Market Share (%), By material type, 2017-2027  144

FIGURE 78     Argentina Aerospace materials Market Share (%), By aircraft type, 2017-2027  145

FIGURE 79     Mexico Aerospace materials Market Share (%), By material type, 2017-2027  147

FIGURE 80     Mexico Aerospace materials Market Share (%), By aircraft type, 2017-2027  148

FIGURE 81     REST OF LATIN AMERICA Aerospace materials Market Share (%), By material type, 2017-2027  150

FIGURE 82     REST OF LATIN AMERICA Aerospace materials Market Share (%), By aircraft type, 2017-2027  151

FIGURE 83     tORAY INDUSTRIES: REVENUE (USD MILLION) 162

FIGURE 84     tORAY INDUSTRIES: sEGMENTAL REVENUE SHARE 2020  162

FIGURE 85     tORAY INDUSTRIES: swot analysis 164

FIGURE 86     alcoa corporation: REVENUE (USD MILLION) 165

FIGURE 87     alcoa corporation: sEGMENTAL REVENUE SHARE 2020  165

FIGURE 88     alcoa corporation: Regional REVENUE SHARE 2020  166

FIGURE 89     Alcoa corporation: swot analysis 167

FIGURE 90     Solvay S.A.: REVENUE (USD MILLION) 168

FIGURE 91     Solvay S.A.: swot analysis 170

FIGURE 92     DuPont de Nemours, Inc.: REVENUE (USD MILLION) 171

FIGURE 93     DuPont de Nemours, Inc.: sEGMENTAL REVENUE SHARE 2020  171

FIGURE 94     DuPont de Nemours, Inc.: Regional REVENUE SHARE 2020  172

FIGURE 95     DuPont de Nemours, Inc.: swot analysis 173

FIGURE 96     TEIJIN LIMITED: REVENUE (USD MILLION) 174

FIGURE 97     TEIJIN LIMITED: swot analysis 176

FIGURE 98     ATI METALS: REVENUE (USD MILLION) 177

FIGURE 99     ATI METALS: sEGMENTAL REVENUE SHARE 2020  177

FIGURE 100    ATI METALS: swot analysis 179

FIGURE 101    CONSTELLIUM SE: REVENUE (USD MILLION) 180

FIGURE 102    CONSTELLIUM SE: sEGMENTAL REVENUE SHARE 2020  180

FIGURE 103    CONSTELLIUM SE: swot analysis 182

FIGURE 104    kobe steel limited: REVENUE (USD MILLION) 183

FIGURE 105    kobe steel limited: sEGMENTAL REVENUE SHARE 2020  183

FIGURE 106    kobe steel limited: swot analysis 185

FIGURE 107    hindalco industries limited: REVENUE (USD MILLION) 186

FIGURE 108    hindalco industries limited: sEGMENTAL REVENUE SHARE 2020  186

FIGURE 109    hindalco industries limited: swot analysis 188

FIGURE 110    amg n.v.: REVENUE (USD MILLION) 189

FIGURE 111    amg n.v.: sEGMENTAL REVENUE SHARE 2020  189

FIGURE 112    amg n.v: swot analysis 191

FIGURE 113    hexcel corporation: REVENUE (USD MILLION) 192

FIGURE 114    hexcel corporation: sEGMENTAL REVENUE SHARE 2020  192

FIGURE 115    hexcel corporation: Regional REVENUE SHARE 2020  193

FIGURE 116    hexcel corporation: swot analysis 194