Global Commercial Aircraft Airframe Materials Market 2024-2028

Global Commercial Aircraft Airframe Materials Market 2024-2028

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:

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 sizing
• Commercial aircraft airframe materials market forecast
• 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.