DUBLIN--(BUSINESS WIRE)--The "Aerospace and Defense Materials Market Size, Share & Trends Analysis Report By Product, By Aircraft Part, By Aircraft Type (Commercial, Military, Business & General Aviation), And Segment Forecasts, 2018 - 2025" report has been added to ResearchAndMarkets.com's offering.
The global aerospace & defense materials market size is estimated to reach USD 27.44 billion by 2025, exhibiting a CAGR of 4.3% during the forecast period
Increasing demand for lightweight materials in order to reduce the weight and increase fuel efficiency of an aircraft is projected to boost market growth.
The aerospace & defense materials market exhibits low competitive rivalry due to limited number of players offering suitable products to aircraft manufacturers. Moreover, aircraft manufacturers prefer to enter in long-term supply agreements with reliable material suppliers, thereby further reducing the competitive rivalry.
Price of materials, such as aluminum, is influenced by growing exports of products from China. Furthermore, spiraling demand for aluminum due to dynamic growth of the building & construction industry in developing economies is poised to have a notable impact on prices.
Air Transport Association (ATA) introduced emission policy options in 2010 to reduce aircraft emissions in order to protect the environment. This has encouraged aircraft manufacturing companies to incorporate lightweight materials into structure to reduce overall weight and increase fuel efficiency.
Industry participants in North America and Europe are anticipated to face disruptive competition due to emerging players in Asia, especially China and Japan, which are offering comparatively low-cost material solutions. Material manufacturers are investing significantly in research & development to provide high strength and lightweight materials at competitive costs.
Key Topics Covered:
Chapter 1. Report Scope
Chapter 2. Methodology
Chapter 3. Executive Summary
Chapter 4. Market Definitions
Chapter 5. Industry Outlook
Chapter 6. Regulatory Forces
Chapter 7. Aerospace & Defense Market: Product Estimates & Trend Analysis
Chapter 8. Aerospace & Defense Market: Application Estimates & Trend Analysis
Chapter 9. Aerospace & Defense Market: Aircraft Type Estimates & Trend Analysis
Chapter 10. Aerospace & Defense Market: Regional Estimates & Trend Analysis
Chapter 11. Competitive Landscape
Chapter 12. Company Profiles
- Huntsman International, LLC
- Toray Composites, America, Inc.
- Sabic Innovative Plastics
- Arconic Inc. (Alcoa Corp.)
- Kobe Steel, Ltd.
- DowDuPont Inc.
- Cytec Solvay Group
- Hexcel Corporation
- Aleris International, Inc.
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Constellium N.V.
For more information about this report visit https://www.researchandmarkets.com/research/4d9k8p/global_aerospace?w=4
