Global Aerospace and Defense Materials Market to 2032
Overview
The Global Aerospace and Defense Materials Market is expected to reach a 53.81 USD Billion by 2032 and is projected to grow at a CAGR of 6.90% from 2025 to 2032.
Revenue, 2024 (USD Billion)
32.55
Forecast, 2032 (USD Billion)
53.81
CAGR, 2024 - 2032
6.90%
Report Coverage
Global
Global Aerospace and Defense Materials Market 2018-2032 USD Billion
Global Aerospace and Defense Materials Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 32.55 USD Billion
- Projected Market Size (2032): 53.81 USD Billion
- CAGR (2025-2032): 6.90%
Key Findings of Global Aerospace and Defense Materials Market
- The Global Aerospace and Defense Materials Market was valued at 53.81 USD Billion in 2024.
- The Global Aerospace and Defense Materials Market is likely to grow at a CAGR of 6.90% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Commercial in End-Use Segment accounted for the largest share of the market with a revenue of 15.98 USD Billion
- The fastest growing segment Composites in Product Segment grew Fastest with a CAGR of 7.86% during the forecast period from 2024 to 2032.
Global Aerospace and Defense Materials Market Scope
Global Aerospace and Defense Materials Market Segmentation & Scope
Product
- Steel
- Nanocomposites
- Graphene
- Others
- Aluminium Alloys
- Composites
- Heat-Resistant Alloys
- Plastics and Polymers
- Super Alloys
- Ceramics
Application
- Aircraft Structural Frames/Aerostructure
- Propulsion Systems
- Components
- Cabin Interiors
- Satellite
- Others
- Construction and Insulation Components
End-Use
- Commercial
- Military
- Business and General Aviation
- Others
Global Aerospace and Defense Materials Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 32.55 USD Billion |
| Market Value in 2032 | 53.81 USD Billion |
| CAGR (2025-2032) | 6.90% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Product,Application,End-Use |
Regional Insights:
-
Leading Market (2024-2032): Global, leading in terms of revenue 32.55 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 9,040.73 USD Million in 2024.
Segments and Scope
-
Global Aerospace and Defense Materials Market to 2032, By Product
- Aluminium Alloys is the largest segment in Global Aerospace and Defense Materials Market to 2032 with a revenue of 9.47 USD Billion in the year 2024.
- Composites is the Fastest growing segment in Global Aerospace and Defense Materials Market to 2032 with a Growth rate of 7.29 % in forecast period 2025-2032.
-
Global Aerospace and Defense Materials Market to 2032, By Application
- Aircraft Structural Frames/Aerostructure is the largest segment in Global Aerospace and Defense Materials Market to 2032 with a revenue of 12.87 USD Billion in the year 2024.
- Aircraft Structural Frames/Aerostructure is the Fastest growing segment in Global Aerospace and Defense Materials Market to 2032 with a Growth rate of 7.62 % in forecast period 2025-2032.
-
Global Aerospace and Defense Materials Market to 2032, By End-Use
- Commercial is the largest segment in Global Aerospace and Defense Materials Market to 2032 with a revenue of 15.98 USD Billion in the year 2024.
- Commercial is the Fastest growing segment in Global Aerospace and Defense Materials Market to 2032 with a Growth rate of 7.26 % in forecast period 2025-2032.
Global Aerospace and Defense Materials Market Company Share Analysis
| Company Name |
|
||
| TEIJIN LIMITED | |||
| Hexcel Corporation | |||
| Alcoa Corporation | |||
| Safran | |||
| Arconic | |||
Global Aerospace and Defense Materials Market Geographical Sales Distribution, 2018-2032 USD Billion
Global Aerospace and Defense Materials Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Global Aerospace and Defense Materials Market is segmented based on Segmentation Product,Application,End-Use.
Global Aerospace and Defense Materials Market was valued at USD 32.55(Revenue in USD Billion) in 2021.
Global Aerospace and Defense Materials Market is projected to grow at a CAGR of 6.90% during the forecast period of 2024 to 2032.
The Commercial segment is expected to dominate the Global Aerospace and Defense Materials Market, holding a largest market share of 15.98 USD Billion in 2024
Global Aerospace and Defense Materials Market Scope
Global Aerospace and Defense Materials Market Segmentation & Scope
Product
- Steel
- Nanocomposites
- Graphene
- Others
- Aluminium Alloys
- Composites
- Heat-Resistant Alloys
- Plastics and Polymers
- Super Alloys
- Ceramics
Application
- Aircraft Structural Frames/Aerostructure
- Propulsion Systems
- Components
- Cabin Interiors
- Satellite
- Others
- Construction and Insulation Components
End-Use
- Commercial
- Military
- Business and General Aviation
- Others
Frequently Asked Questions
The Global Aerospace and Defense Materials Market is segmented based on Segmentation Product,Application,End-Use.
Global Aerospace and Defense Materials Market was valued at USD 32.55(Revenue in USD Billion) in 2021.
Global Aerospace and Defense Materials Market is projected to grow at a CAGR of 6.90% during the forecast period of 2024 to 2032.
The estimated market value of the Global Aerospace and Defense Materials Market for final year is USD 53.81 (USD Billion).
Global Aerospace and Defense Materials Market Company Profiling
Frequently Asked Questions
The Global Aerospace and Defense Materials Market is segmented based on Segmentation Product,Application,End-Use.
Global Aerospace and Defense Materials Market was valued at USD 32.55(Revenue in USD Billion) in 2021.
Global Aerospace and Defense Materials Market is projected to grow at a CAGR of 6.90% during the forecast period of 2024 to 2032.
The estimated market value of the Global Aerospace and Defense Materials Market for final year is USD 53.81 (USD Billion).
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