by
According to the Foreclaro Global Research, the
Global
Aerospace Materials Market size was valued at USD 30426.1 million in 2024. The report “Global
Aerospace Materials Market Segmentation By Material Type (Metals
& Alloys {Aluminum & Aluminum Alloys, Titanium & Titanium Alloy, Steel
& Super Alloys, Magnesium Alloys}, Composites {Carbon Fiber Reinforced
Polymers (CFRP), Glass Fiber Reinforced Polymers (GFRP), Aramid Fiber
Reinforced Polymers, Ceramic Matrix Composites}, Polymers & Plastics {Thermoplastics,
Thermosetting Polymers, Elastomers}, Ceramics {Thermal Barrier Coatings, Ceramic
Matrix Composites}, Other Materials {Adhesives & Sealants, Coatings, Specialty
Materials}), By Aircraft Type (Commercial Aircraft, Military Aircraft, General
Aviation, Spacecraft), By Application (Airframe, Propulsion Systems, Interiors,
Other Applications), By Material Form (Sheet & Plate, Forgings &
Castings, Extrusions, Pastes & Coatings, Fibers & Fabrics)- Industry Trends and Forecast to
2033” gives a
detailed insight into current market dynamics and provides analysis on future
market growth.
The global aerospace materials market is
witnessing strong growth driven by rising aircraft production, increasing
demand for lightweight, high-performance structures, and technological
advancements in composites and alloys. Airlines are shifting toward fuel-efficient
aircraft to reduce emissions and operational costs, accelerating the adoption
of carbon fiber composites, titanium alloys, and advanced polymers in
commercial and defense aviation. The expansion of space programs, electric
aircraft, UAVs, and supersonic jets further boosts demand for materials with
superior strength-to-weight ratios, heat resistance, and durability.
Additionally, manufacturers are investing in recyclable composites, hybrid
alloys, and additive-manufactured parts to enhance sustainability and reduce
production costs. However, fluctuating raw material prices, high manufacturing
costs, and complex certification requirements challenge market growth. Despite
this, increasing R&D investments, supply chain localization, and long-term
aerospace modernization initiatives globally are expected to drive significant
opportunities for aerospace material suppliers in the coming years.
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Global Aerospace
Materials Market Report Highlights
· The
global aerospace materials market is witnessing strong growth driven by
aircraft fleet expansion, rising air passenger traffic, and increasing use of
lightweight materials to improve fuel efficiency and reduce carbon emissions.
· Composites
and advanced alloys are gaining significant traction due to their superior
strength-to-weight ratio, durability, thermal stability, and corrosion
resistance, replacing traditional metallic components.
· Commercial
aviation remains the dominant segment, propelled by large orders from airlines
and OEMs such as Airbus and Boeing, along with rising demand for narrow-body
and fuel-efficient aircraft.
· North
America and Europe lead the market, supported by strong aerospace manufacturing
bases, while Asia-Pacific is emerging rapidly due to expanding defense budgets
and growing domestic aircraft production.
· Innovative
materials like ceramic matrix composites (CMCs), carbon-fiber thermoplastics,
nano-enhanced metals, and amorphous alloys are shaping next-generation
aerospace applications.
· Strategic
collaborations, mergers, acquisitions, and technological investments by key
material suppliers are accelerating adoption of high-performance materials and
expanding global supply chains.
Foreclaro
Global Research has segmented the Aerospace Materials Market report based on Material
Type, Aircraft Type, Application, Material Form, and region:
Aerospace
Materials Market, Material Type Outlook (Revenue - USD Million, 2020 - 2033)
Metals
& Alloys
·
Aluminum
& Aluminum Alloys
·
Titanium
& Titanium Alloys
·
Steel
& Super Alloys
·
Magnesium
Alloys
Composites
·
Carbon
Fiber Reinforced Polymers (CFRP)
·
Glass
Fiber Reinforced Polymers (GFRP)
·
Aramid
Fiber Reinforced Polymers
·
Ceramic
Matrix Composites
Polymers
& Plastics
·
Thermoplastics
·
Thermosetting
Polymers
·
Elastomers
Ceramics
·
Thermal
Barrier Coatings
·
Ceramic
Matrix Composites
Other
Materials
·
Adhesives
& Sealants
·
Coatings
·
Specialty
Materials
Aerospace
Materials Market, Aircraft Type Outlook (Revenue - USD Million, 2020 - 2033)
Commercial
Aircraft
Military
Aircraft
General
Aviation
Spacecraft
Aerospace
Materials Market, Application Outlook (Revenue - USD Million, 2020 - 2033)
Airframe
Propulsion
Systems
Interiors
Other
Applications
Aerospace
Materials Market, Material Form Outlook (Revenue - USD Million, 2020 - 2033)
Sheet &
Plate
Forgings
& Castings
Extrusions
Pastes
& Coatings
Fibers
& Fabrics
Aerospace
Materials Market, Regional Outlook (Revenue - USD Million, 2020 - 2033)
North
America
·
United
States
·
Canada
·
Mexico
Europe
·
United
Kingdom
·
Germany
·
France
·
Spain
·
Italy
·
Rest
of Europe
Asia
Pacific
·
China
·
India
·
Japan
·
Australia
·
South
Korea
·
Rest
of Asia Pacific
Latin
America
·
Brazil
·
Argentina
·
Rest
of Latin America
Middle East
& Africa
·
Saudi
Arabia
·
South
Africa
·
Rest
of MEA
Global Aerospace Materials Market Key Players
·
Global Titanium Inc
·
AMETEK Inc
·
ArcelorMittal
·
NSSMC Group
·
Supreme Engineering Ltd Technologies
·
AMG Advanced Metallurgical Group
·
Allegheny Incorporated (ATI)
·
Precision Castparts Corp
·
Special Metals
·
Doncasters Group Ltd.
