Titanium in the Global Aerospace Industry Market: Trends, Forecast and Competitive Analysis Report 2018-2030 - ResearchAndMarkets.com
Aug. 17, 2018
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 PlayersAlcoa 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/
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics:Commercial Aerospace
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