DUBLIN--(BUSINESS WIRE)--Aug 17, 2018--The "Titanium in the Global Aerospace Industry Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.

Titanium in the global aerospace industry is expected to reach an estimated $5.4 billion by 2030 with a CAGR of 3.6% from 2018 to 2030.

The future of titanium in the global aerospace market looks promising with opportunities in the commercial aircraft, military aircraft, helicopter, general aviation, and regional aircraft. The major growth drivers for this market are increasing deliveries of aircraft and the demand for lightweight titanium materials.

Emerging trends, which has a direct impact on the dynamics for titanium in the global aerospace industry, includes developing technology to reduce production cost and increasing applications of titanium in aircraft.

Aircraft structure will remain the largest application over the forecast period. The major parts fabricated from titanium include seat tracks, fuselage chords, door frame, wing spar, and crown bulkhead chord. Increased focus on weight reduction and fuel efficiency by aircraft manufacturers has augmented the use of titanium alloys in aircraft structure.

Within the titanium in global aerospace industry, commercial aircraft is expected to remain the largest segment and witness the highest growth by aircraft type due to an increase in aircraft delivery and increasing penetration of titanium alloys in commercial aircraft.

North America is expected to remain the largest region and witness the highest growth over the forecast period due to a significant increase in aircraft deliveries and increasing demand for lightweight materials.

Some of the titanium companies profiled in this report include VSMPO-AVISMA, Berkshire Hathaway Incorporated, Allegheny Technologies Incorporated, Alcoa (previously RTI International Metals), Baoji Titanium Industry Co. Ltd., and Kobelco Group and others.

Scope of the Report

Titanium in the Global Aerospace Industry by Aircraft Type [Value ($M) and Volume (M lbs) from 2012 to 2030]:

Commercial Aircraft Military Aircraft Helicopter General Aviation Regional Aircraft

Titanium in the Global Aerospace Industry by Application Type [Value ($M) and Volume (M lbs) from 2012 to 2030]:

Structure (airframe) Engine Other

Titanium in the Global Aerospace Industry by Alloy Type [Value ($M) and Volume (M lbs) for 2017]:

Alpha Alpha + Beta Beta

Key Topics Covered:

1. Executive Summary

2. Industry Background and Classifications

3. Market Trends and Forecast Analysis from 2012 to 2023

4. Market Trends and Forecast Analysis by Region

5. Competitor Analysis

6. Growth Opportunities and Strategic Analysis

7. Company Profiles of Leading Players

Alcoa Allegheny Technologies Incorporated (ATI) Baoji Titanium Industry Co. Ltd. Berkshire Hathaway (Precision Castparts Corp.) VSMPO-AVISMA Corporation

For more information about this report visit https://www.researchandmarkets.com/research/83kmxb/titanium_in_the?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180817005078/en/

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Related Topics:Commercial Aerospace

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING AEROSPACE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 08/17/2018 03:55 AM/DISC: 08/17/2018 03:55 AM

http://www.businesswire.com/news/home/20180817005078/en