North America Aerospace and Defense Materials Market to 2032
Overview
The North America Aerospace and Defense Materials Market is expected to reach a 20.22 USD Billion by 2032 and is projected to grow at a CAGR of 8.73% from 2025 to 2032.
Revenue, 2024 (USD Billion)
12.41
Forecast, 2032 (USD Billion)
20.22
CAGR, 2024 - 2032
8.73%
Report Coverage
North America
North America Aerospace and Defense Materials Market 2018-2032 USD Billion
North America Aerospace and Defense Materials Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 12.41 USD Billion
- Projected Market Size (2032): 20.22 USD Billion
- CAGR (2025-2032): 8.73%
Key Findings of North America Aerospace and Defense Materials Market
- The North America Aerospace and Defense Materials Market was valued at 20.22 USD Billion in 2024.
- The North America Aerospace and Defense Materials Market is likely to grow at a CAGR of 8.73% 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 6.10 USD Billion
- The fastest growing segment Composites in Product Segment grew Fastest with a CAGR of 9.95% during the forecast period from 2024 to 2032.
North America Aerospace and Defense Materials Market Scope
North America Aerospace and Defense Materials Market Segmentation & Scope
Product
- Graphene
- Nanocomposites
- Steel
- Others
- Ceramics
- Super Alloys
- Plastics and Polymers
- Heat-Resistant Alloys
- Composites
- Aluminium Alloys
Application
- Others
- Construction and Insulation Components
- Satellite
- Cabin Interiors
- Components
- Propulsion Systems
- Aircraft Structural Frames/Aerostructure
End-Use
- Others
- Business and General Aviation
- Military
- Commercial
North America Aerospace and Defense Materials Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 12.41 USD Billion |
| Market Value in 2032 | 20.22 USD Billion |
| CAGR (2025-2032) | 8.73% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Product,Application,End-Use |
Regional Insights:
-
Leading Market (2024-2032): North America, leading in terms of revenue 12.41 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
-
North America Aerospace and Defense Materials Market to 2032, By Product
- Aluminium Alloys is the largest segment in North America Aerospace and Defense Materials Market to 2032 with a revenue of 3.59 USD Billion in the year 2024.
- Composites is the Fastest growing segment in North America Aerospace and Defense Materials Market to 2032 with a Growth rate of 9.29 % in forecast period 2025-2032.
-
North America Aerospace and Defense Materials Market to 2032, By Application
- Aircraft Structural Frames/Aerostructure is the largest segment in North America Aerospace and Defense Materials Market to 2032 with a revenue of 4.91 USD Billion in the year 2024.
- Aircraft Structural Frames/Aerostructure is the Fastest growing segment in North America Aerospace and Defense Materials Market to 2032 with a Growth rate of 9.71 % in forecast period 2025-2032.
-
North America Aerospace and Defense Materials Market to 2032, By End-Use
- Commercial is the largest segment in North America Aerospace and Defense Materials Market to 2032 with a revenue of 6.10 USD Billion in the year 2024.
- Commercial is the Fastest growing segment in North America Aerospace and Defense Materials Market to 2032 with a Growth rate of 9.21 % in forecast period 2025-2032.
North America Aerospace and Defense Materials Market Company Share Analysis
| Company Name |
|
||
| TEIJIN LIMITED | |||
| Hexcel Corporation | |||
| Alcoa Corporation | |||
| Safran | |||
| Arconic | |||
North America Aerospace and Defense Materials Market Geographical Sales Distribution, 2018-2032 USD Billion
North America Aerospace and Defense Materials Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The North America Aerospace and Defense Materials Market is segmented based on Segmentation Product,Application,End-Use.
North America Aerospace and Defense Materials Market was valued at USD 12.41(Revenue in USD Billion) in 2021.
North America Aerospace and Defense Materials Market is projected to grow at a CAGR of 8.73% during the forecast period of 2024 to 2032.
The Commercial segment is expected to dominate the North America Aerospace and Defense Materials Market, holding a largest market share of 6.10 USD Billion in 2024
North America Aerospace and Defense Materials Market Scope
North America Aerospace and Defense Materials Market Segmentation & Scope
Product
- Graphene
- Nanocomposites
- Steel
- Others
- Ceramics
- Super Alloys
- Plastics and Polymers
- Heat-Resistant Alloys
- Composites
- Aluminium Alloys
Application
- Others
- Construction and Insulation Components
- Satellite
- Cabin Interiors
- Components
- Propulsion Systems
- Aircraft Structural Frames/Aerostructure
End-Use
- Others
- Business and General Aviation
- Military
- Commercial
Frequently Asked Questions
The North America Aerospace and Defense Materials Market is segmented based on Segmentation Product,Application,End-Use.
North America Aerospace and Defense Materials Market was valued at USD 12.41(Revenue in USD Billion) in 2021.
North America Aerospace and Defense Materials Market is projected to grow at a CAGR of 8.73% during the forecast period of 2024 to 2032.
The estimated market value of the North America Aerospace and Defense Materials Market for final year is USD 20.22 (USD Billion).
North America Aerospace and Defense Materials Market Company Profiling
Frequently Asked Questions
The North America Aerospace and Defense Materials Market is segmented based on Segmentation Product,Application,End-Use.
North America Aerospace and Defense Materials Market was valued at USD 12.41(Revenue in USD Billion) in 2021.
North America Aerospace and Defense Materials Market is projected to grow at a CAGR of 8.73% during the forecast period of 2024 to 2032.
The estimated market value of the North America Aerospace and Defense Materials Market for final year is USD 20.22 (USD Billion).
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