Global Aerospace And Defense Materials Market Size & Outlook
Global aerospace and defense materials market, 2018-2030 (US$M)
Related Markets
Global aerospace and defense materials market highlights
- The global aerospace and defense materials market generated a revenue of USD 19,548.3 million in 2023 and is expected to reach USD 27,996.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.3% by 2030.
- In terms of segment, composites accounted for a revenue of USD 7,911.3 million in 2023.
- Titanium is the most lucrative material segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 19,548.3 million |
| Market revenue in 2030 | USD 27,996.7 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Composites |
| Fastest growing segment | Titanium |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Aluminum, Titanium, Composites, Superalloys, Steel, Plastics |
Other key industry trends
- In terms of revenue, the North America accounted for 55.5% of the global aerospace and defense materials market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 85.1 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Aerospace And Defense Materials Market Scope
Aerospace And Defense Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| VSMPO-AVISMA | View profile | 251-500 | Sverdlovsk, Sverdlovsk, Russian Federation, Europe | http://www.vsmpo.ru |
| Strata Investment Holdings plc | View profile | - | Higher Shalford Farm, Wincanton, Charlton Musgrove, Somerset, United Kingdom, BA9 8HF | https://www.strataplc.com |
| Constellium SE Class A | View profile | 12000 | 40-44 rue Washington, Washington Plaza, Paris, France, 75008 | https://www.constellium.com |
| Allegheny & Western Railway | View profile | - | 500 Water Street, Jacksonville, FL, United States, 32202-4420 | https://www.awrail.com |
| Kobe Steel Ltd | View profile | 44938 | 2-4, Wakinohama-Kaigandori 2-chome, Chuo-ku, Kobe, Hyogo, Japan, 651-8585 | http://www.kobelco.co.jp |
| Formosa Plastics Group | View profile | 1001-5000 | Taipei, T'ai-pei, Taiwan, Asia | https://www.fpg.com.tw/ |
| Cytec Industries | View profile | 1001-5000 | Little Falls, New Jersey, United States, North America | http://cytec.com |
| SGL Group | View profile | 11-50 | Adelaide, South Australia, Australia, Oceania | https://www.sglgroup.net |
| Hexcel Corp | View profile | 5590 | 281 Tresser Boulevard, Two Stamford Plaza, 16th Floor, Stamford, CT, United States, 06901 | https://www.hexcel.com |
| Novelis | View profile | 10001+ | Atlanta, Georgia, United States, North America | http://novelis.com |
| Arconic | View profile | 10001+ | Pittsburgh, Pennsylvania, United States, North America | https://www.arconic.com |
| Thyssenkrupp AG | View profile | 100202 | ThyssenKrupp Allee 1, Essen, NW, Germany, 45143 | https://www.thyssenkrupp.com |
| Teijin Ltd | View profile | 24499 | 6-7, Minami Hommachi 1-chome, Chuo-ku, Osaka, Japan, 541-8587 | http://www.teijin.co.jp |
| Toray Industries Inc | View profile | 48682 | Nihonbashi Mitsui Tower 2-1-1, Nihonbashi Muromach, Chuo-ku, Tokyo, Japan, 103-8666 | http://www.toray.co.jp |
| Huntsman Corp | View profile | 6000 | 10003 Woodloch Forest Drive, The Woodlands, TX, United States, 77380 | https://www.huntsman.com |
Global aerospace and defense materials market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aerospace and defense materials market will help companies and investors design strategic landscapes.
Composites was the largest segment with a revenue share of 40.47% in 2023. Horizon Databook has segmented the Global aerospace and defense materials market based on aluminum, titanium, composites, superalloys, steel, plastics covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Aerospace And Defense Materials Material Outlook (Revenue, USD Million, 2018-2030)
- Aluminum
- Titanium
- Composites
- Superalloys
- Steel
- Plastics
- Others
- Global Aerospace And Defense Materials Aircrft Part Outlook (Revenue, USD Million, 2018-2030)
- Aersostructure
- Part
- Cabin Interiors
- Propulsion System
- Equipment, System, and Support
- Satellites
- Construction & Insulation Part
- Global Aerospace And Defense Materials Aircraft Type Outlook (Revenue, USD Million, 2018-2030)
- Commercial
- Business & General Aviation
- Millitary
- Others
Reasons to subscribe to Global aerospace and defense materials market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global aerospace and defense materials market databook
-
Our clientele includes a mix of aerospace and defense materials market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global aerospace and defense materials market , including forecasts for subscribers. This global databook contains high-level insights into Global aerospace and defense materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global aerospace and defense materials market size, by regions, 2018-2030 (US$M)
Top 10 countries: Aerospace and defense materials market size, 2023 (US$M)
Global aerospace and defense materials market share, by material, 2023 & 2030 (%, US$M)
Aerospace and defense materials market: Opportunity assessment by country
Global aerospace and defense materials market, by region, 2023 (US$M)
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
