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Global Aerospace Materials Industry

Global Aerospace Materials Industry

  • September 2020
  • 499 pages
  • ID: 5797793
  • Format: PDF
  • Global Industry Analysts


Table of Contents


Timely market intelligence is paramount in these uncertain times!

We launched an impact survey to update this project with timely insights during 2020. Update frequency will depend upon evolving market conditions and executive opinions. Our participants are executives driving strategy, marketing, sales and product management at competitive companies worldwide. All updates during the rest of the year are complimentary to clients!

The global market for Aerospace Materials is projected to reach US$26.5 billion by 2025, driven by the growing value of advanced and sustainable materials for manufacturing aircraft in an era where strong engineering focus is shed on lightweight, fuel efficient and eco-friendly designs. As the aerospace industry gradually migrates towards a "cradle-to-beyond the grave" approach in the management of aircraft, sustainable materials will more than double in commercial value in the coming years. Commonly used aerospace materials include metal alloys and polymeric based materials developed and customized to aerospace needs for high fatigue loading resistance, performance, strength and heat resistance. Also, as the manufacturing industry adopts additive/3D manufacturing technologies, there is an urgent need for materials suitable for additive manufacturing platforms. Currently available materials with fabrication and microstructures compatible with additive manufacturing (AM) components include Titanium alloy powder (Ti-6Al-4V); Titanium alloy laser deposited products (Ti-6Al-4V); and Ni-base superalloy 625, among others. All aerospace materials are subject to rigorous testing for their mechanical and durability features. For instance, materials used in tension loaded structures are subject to tensile testing, while materials used in compression loaded structure are validated by compression testing processes. Moisture absorption behavior of materials is also studied for safe use in engine applications. These tests measure elastic modulus, yield strength and corrosion and oxidation of materials to ensure that they do not degrade or suffer from loss of functionality when used in the aviation environment.

Carbon nanotubes (CNT) and CNT enabled carbon fiber based materials are growing in popularity in aerospace applications. They represent the future of aerospace materials and engineering, given their many benefits over conventional materials currently being used. CNT fibers hold the potential to significantly reduce the weight of an aircraft and are currently being researched for possible use in engine applications as a substitute for conventional carbon fiber epoxy composites. Therefore, development of high-strength composites from carbon nanotube yarns will witness strong R&D interest in the coming years. Also, CNT-enabled carbon fiber composites have the potential to make aerospace composites conductive, resulting in benefits unimagined until now. CNTs have enhanced electrical and thermal conductivity, the two features which will open up new functional possibilities in aerospace applications. Use of CNT is already growing in aircraft de-icing systems. Progressive developments in carbon fiber with high Young`s modulus will help expand the addressable opportunities in aircraft manufacturing. Other types of newer materials under R&D include microfibrillated cellulose (MFC), Magnesium, Nano Adaptive Hybrid Fabric also known as fuzzy fibers; Fiber metal laminates (FML), reinforced aluminum (CentrAl); ceramic matrix composites (CMCs). Fuzzy fibers find great potential in the production of Unmanned Aerial Vehicles (UAVs). While continued innovation in materials remains a key driver of growth, the ongoing expansion in aircraft fleet signals healthy production opportunity in the offing. The United States and Europe represent large markets worldwide with a combined share of 67.3% of the market. China ranks as the fastest growing market with a CAGR of 9.4% over the analysis period supported by the opening up of a new era in Chinese aviation as the country prepares for its steep climb up the ambitious "Made in China 2025" goals.

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