The commercial aircraft airframe materials market is forecasted to grow by USD 3.81 bn during 2023-2028, accelerating at a CAGR of 7.52% during the forecast period. The report on the commercial aircraft airframe materials market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for air travel, expansions of air routes, and increasing use of composites for commercial aircraft airframe.
Technavio's commercial aircraft airframe materials market is segmented as below:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
6.59%
CAGR
7.52%
Incremental Value
$3.81bn
By Type
Narrow body aircraft
Wide body aircraft
Regional aircraft
By Material
Aluminum alloys
Titanium alloys
Composites
Steel alloys
By Geographical Landscape
North America
Europe
APAC
Middle East and Africa
South America
This study identifies the rising adoption of carbon fiber-reinforced plastic composites in aircraft components as one of the prime reasons driving the commercial aircraft airframe materials market growth during the next few years. Also, rising demand for air freight and increasing adoption of 3D printing for producing commercial aircraft airframe materials will lead to sizable demand in the market.
The report on the commercial aircraft airframe materials market covers the following areas:
Commercial aircraft airframe materials market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading commercial aircraft airframe materials market vendors that include Arconic Corp., ATI Inc., BASF SE, Constellium SE, DuPont de Nemours Inc., Hexcel Corp., Honeywell International Inc., Huntsman International LLC, Kaiser Aluminum Corp., Materion Corp., Mitsubishi Motors Corp., Norsk Titanium AS, SGL Carbon SE, Solvay SA, Southwest Aluminum (Kunshan) Co. Ltd., Tata Sons Pvt. Ltd., Teijin Ltd., thyssenkrupp AG, Toray Industries Inc., and VSMPO AVISMA Corp.. Also, the commercial aircraft airframe materials market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
4 Historic Market Size
4.1 Global commercial aircraft airframe materials market 2018 - 2022
4.2 Type Segment Analysis 2018 - 2022
4.3 Material Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022
4.5 Country Segment Analysis 2018 - 2022
5 Five Forces Analysis
5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition
6 Market Segmentation by Type
6.1 Market segments
6.2 Comparison by Type
6.3 Narrow body aircraft - Market size and forecast 2023-2028
6.4 Wide body aircraft - Market size and forecast 2023-2028
6.5 Regional aircraft - Market size and forecast 2023-2028
6.6 Market opportunity by Type
7 Market Segmentation by Material
7.1 Market segments
7.2 Comparison by Material
7.3 Aluminum alloys - Market size and forecast 2023-2028
7.4 Titanium alloys - Market size and forecast 2023-2028
7.5 Composites - Market size and forecast 2023-2028
7.6 Steel alloys - Market size and forecast 2023-2028
7.7 Market opportunity by Material
8 Customer Landscape
8.1 Customer landscape overview
9 Geographic Landscape
9.1 Geographic segmentation
9.2 Geographic comparison
9.3 North America - Market size and forecast 2023-2028
9.4 Europe - Market size and forecast 2023-2028
9.5 APAC - Market size and forecast 2023-2028
9.6 Middle East and Africa - Market size and forecast 2023-2028
9.7 South America - Market size and forecast 2023-2028