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Global Aerospace and Defense Materials Industry

Global Aerospace and Defense Materials Industry
  • Publish Date:September 2023

  • Number of Pages:769

  • Report ID:6030587

  • Format:PDF

  • Publisher:Global Industry Analysts

$ 5600

Summary

Global Aerospace and Defense Materials Market to Reach $34.4 Billion by 2030

The global market for Aerospace and Defense Materials estimated at US$28.5 Billion in the year 2022, is projected to reach a revised size of US$34.4 Billion by 2030, growing at a CAGR of 2.4% over the period 2022-2030. Composites, one of the segments analyzed in the report, is projected to record 2.7% CAGR and reach US$14.3 Billion by the end of the analysis period. Growth in the Aluminum Alloys segment is estimated at 2.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $9.3 Billion, While China is Forecast to Grow at 7.1% CAGR

The Aerospace and Defense Materials market in the U.S. is estimated at US$9.3 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.8 Billion by the year 2030 trailing a CAGR of 7.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0% and 1.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.2% CAGR.

Select Competitors (Total 196 Featured)
- Alcoa Corporation
- 3M Company
- Arkema Group
- AMG Advanced Metallurgical Group N.V.
- Aperam SA
- Arconic, Inc.
- Arnold Magnetic Technologies
- Advanced Composites, Inc.
- Alcast Technologies Ltd.
- Argosy International Inc.
- Avdel (India) Pvt. Ltd.
- Aluminum Die Cast Co., Inc.
- AirMetals, Inc.
- Atlas Composite Technologies Ltd.
- Avient Corp.

Table of contents

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Impact of Covid-19 and a Looming Global Recession
Global Economic Update
World Shifts to an Endemic COVID-19 Strategy With Focus on
Multilateral...

Methodology

Our market research methodology is designed to provide the clients with comprehensive and accurate information on various industries and markets. It includes data collection, primary interviews, macro-economic factor analysis, country-level data analysis etc.