Title: Aerospace Materials Market Research Report 2023-2032 | Demand, Growth And Overview
1Aerospace Materials Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
2Aerospace Materials Market Segments
The Business Research Company segments its
Aerospace Materials market report as
Linear, Rotary
By Type
Valve Body, Actuator, Other Components
By Component
Stainless Steel, Alloy-Based, Cast Iron,
Cyrogenic, Other Materials
By Material
Oil and Gas, Water and Wastewater Treatment,
Energy and Power, Pharmaceuticals, Food and
Beverage, Chemicals, Building and Construction,
Paper and Pulp
By Industry
3Aerospace Materials Market Statistics
The global aerospace materials market size will
grow from 19.68 billion in 2022 to 20.46
billion in 2023 at a compound annual growth rate
(CAGR) of 3.9. The market size of the aerospace
materials is expected to grow to 25.69 billion
in 2027 at a CAGR of 5.9.
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4Key Market Drivers And Trends
Drivers
The increasing demand for lightweight and
fuel-efficient aircraft will propel the growth of
the aerospace materials market.
Trends
The development of carbon fiber composites for
making various aerospace structures and parts is
an emerging trend in the aerospace materials
market.
Region
Europe was the largest region in the aerospace
materials market in 2022. The regions covered in
the aerospace materials market analysis report
are Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, the Middle East,
and Africa.
5Key Market Players
- Major players in the Aerospace Materials market
are - Toray Industries Inc
- DuPont de Nemours Inc
- Aleris International
- Hexcel Corporation
- Alcoa Corporation
- And more.
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