- Growing adoption of advanced composites and titanium alloys for manufacturing airframes, engines, and structural components is transforming the materials landscape across both commercial and military sectors
- Strategic collaborations between material providers and aerospace OEMs are accelerating innovation in lightweight and sustainable materials, enhancing operational efficiency and reducing environmental impact
- North America dominated the aerospace and defense materials market with the largest revenue share of 37.46% in 2024, driven by robust investments in defense modernization and the expansion of commercial aircraft fleets
- Asia-Pacific region is expected to witness the highest growth rate in the global aerospace and defense materials market, driven by increasing defense budgets, expanding commercial aviation fleets, and significant investments in aerospace manufacturing infrastructure in countries such as China, India, and Japan
- The aluminium alloys segment held the largest market revenue share in 2024, driven by their lightweight nature, high strength-to-weight ratio, and excellent corrosion resistance. Aluminium alloys remain a material of choice for manufacturing fuselage and wing structures due to their cost-effectiveness and ease of fabrication. The segment benefits from widespread use across commercial and military aircraft due to their long-standing reliability and support for fuel efficiency improvements
