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Global Aerospace Materials Market Is Expected to Grow at a CAGR of 2.0% and Will Reach USD 11.5 Billion in 2024, from USD 10.2 Billion in 2019

New Global Aerospace Materials Market 2024 Report Covers market forecast and top Companies like Alcoa, Rio Tinto Alcan, Kaiser Aluminum, Aleris, Rusal and others.

 

Lewes, DE -- (SBWIRE) -- 04/23/2019 -- Aerospace Materials market is expected to grow at a CAGR of roughly 2.0% over the next five years, will reach 11.5 Billion USD in 2024, from 10.2 Billion USD in 2019.

This report studies the Aerospace Materials market, Aerospace materials are materials, frequently metal alloys, that have either been developed for, or have come to prominence through, their use for aerospace purposes.
These uses often require exceptional performance, strength or heat resistance, even at the cost of considerable expense in their production or machining. Others are chosen for their long-term reliability in this safety-conscious field, particularly for their resistance to fatigue.

Scope of the Report:
The aerospace materials market is unconcentrated. For the past 20 years, aerospace materials has been a niche market, and advanced technology and sufficient raw material supply is vital in this industry. Consequently, only limited companies are able to produce aerospace materials in their own land. Regionally, North America is the biggest consumption region of aerospace materials, about 38.94% of the global aerospace materials consumption, and the market share of Europe is also considerable. Consumption in China is more separated, but in fast development.
The global consumption of aerospace materials has reached 681.5 K MT in 2016, with annual increase more than 1.3% for the past five years. Comparative, the development in China is little faster. The production structure in China is in low end industry compared with developed countries. It is estimated that the market in China would be promising due to rigid demand in local industry. Generally, Precision Castparts Corporation dominates the high end market of aerospace materials, with several competitive players like Alcoa, Rio Tinto Alcan, Kaiser Aluminum, Aleris, Rusal, ATI Metals,Toray Industries.
The import and export percent of this industry is high. North America and Europe are the main regions that export aerospace materials, with China the main import region. Technology is a vital factor in aerospace materials industry. The import and export of aerospace materials is limited the numbers.
The worldwide market for Aerospace Materials is expected to grow at a CAGR of roughly 2.0% over the next five years, will reach 11500 million US$ in 2024, from 10200 million US$ in 2019, according to a new study.
This report focuses on the Aerospace Materials in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers
Alcoa
Rio Tinto Alcan
Kaiser Aluminum
Aleris
Rusal
Constellium
AMI Metals
Arcelor Mittal
Nippon Steel & Sumitomo Metal
Nucor Corporation
Baosteel Group
Thyssenkrupp Aerospace
Kobe Steel
Materion
VSMPO-AVISMA
Toho Titanium
BaoTi
Precision Castparts Corporation
Aperam
VDM
Carpenter
AMG
ATI Metals
Toray Industries
Cytec Solvay Group
Teijin Limited
Hexcel
TenCate

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Aluminium Alloys
Steel Alloys
Titanium Alloys
Super Alloys
Composite Materials
Others

Market Segment by Applications, can be divided into
Commercial Aircraft
Military Aircraft

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Aerospace Materials product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Aerospace Materials, with price, sales, revenue and global market share of Aerospace Materials in 2017 and 2018.
Chapter 3, the Aerospace Materials competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Aerospace Materials breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Aerospace Materials market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Aerospace Materials sales channel, distributors, customers, research findings and conclusion, appendix and data source.

Spanning over 139 pages "Forecast of Global Aerospace Materials Market 2024" report covers Market Overview, Manufacturers Profiles, Global Aerospace Materials Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018), Global Aerospace Materials Market Analysis by Regions, North America Aerospace Materials by Country, Europe Aerospace Materials by Country, Asia-Pacific Aerospace Materials by Country, South America Aerospace Materials by Country, Middle East and Africa Aerospace Materials by Countries, Global Aerospace Materials Market Segment by Type, Global Aerospace Materials Market Segment by Application, Aerospace Materials Market Forecast (2019-2024), Sales Channel, Distributors, Traders and Dealers, Research Findings and Conclusion, Appendix.

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