Global Aerospace Materials Industry

Global Aerospace Materials Industry

  • November 2019 •
  • 499 pages •
  • Report ID: 5797793 •
  • Format: PDF
Aerospace Materials market worldwide is projected to grow by US$9. 1 Billion, driven by a compounded growth of 6.2%. Aluminum Alloys, one of the segments analyzed and sized in this study, displays the potential to grow at over 6.6%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$9.5 Billion by the year 2025, Aluminum Alloys will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 5.4% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$707.1 Million to the region’s size and clout in the next 5 to 6 years. Over US$489.3 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Aluminum Alloys will reach a market size of US$302.4 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 9.4% over the next couple of years and add approximately US$1.3 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include among others, Aleris Corporation (USA) ; Arconic, Inc. (USA) ; ATI Metals (USA) ; Constellium SE (Netherlands) ; Kaiser Aluminum (USA) ; Kobe Steel, Ltd. (Japan) ; Rio Tinto Group (UK) ; Solvay S.A. (Belgium) ; Teijin Limited (Japan) ; Toray Industries, Inc. (Japan)