Overview of the global commercial aircraft airframe materials market

According to Technavio's research analysis, the rising orders for new-generation aircrafts will be one of the major factors that will have a positive impact on the global commercial aircraft airframe materials market till 2021. The growing air traffic in countries such as China, India, Indonesia, Russia, and the US have raised the necessity for new generation aircrafts. This has initiated the aircraft OEMs and their suppliers to improve their respective manufacturing facilities to ensure scheduled deliveries. For instance, Airbus opened a new facility center near its current facility at the northern port of Tianjin in China. This new facility is assembling A330 wide-body aircraft at a rate of two per month. The rising order book for newer generation fuel-efficient aircraft will be the propelling factor for the growth of the global commercial aircraft airframe materials market during the forecast period. Our market research analysts predict that this market will post a revenue growth of more than USD 5.4 billion by 2021

The Americas will be the major revenue generator of the commercial aircraft airframe materials market throughout the forecast period. The increased investments into the development of better materials and associated aircraft technologies and presence of key aircraft manufacturing companies in the region will drive the market growth during the forecast period.

Competitive landscape and key vendors  

The commercial aircraft airframe materials market consists of manufacturers focusing on expansion to cater to the rising demand from aircraft OEMs and to enter in the developing economies. The rising demand for lightweight airframe structures has compelled many companies to adopt different expansion strategies such as new product development, partnerships, joint ventures, agreements, and collaborations.

The leading vendors in the market are ?

• Aleris
• Arconic
• Constellium
• Hexcel
• Solvay
• TORAY INDUSTRIES
• VSMPO (VSMPO-AVISMA)

The other prominent vendors in the market are ATI, Harris (Exelis), HITCO Carbon Composites, KOBE STEEL, Koninklijke Ten Cate, TEIJIN, and Southwest Aluminium.

Segmentation by type of material and analysis of the commercial aircraft airframe materials market

• Aluminum alloys
• Titanium alloys
• Composites
• Steel alloys

During 2016, the aluminum alloys segment accounted for the major shares of the commercial aircraft airframe materials market. Factors such as the increasing use of aluminum and its light weight characteristics will contribute to the growth of this industry segment in the coming years.

Segmentation by aircraft type and analysis of the commercial aircraft airframe materials market

• Narrow-body aircraft
• Wide-body aircraft
• Regional aircraft

The increasing popularity of the narrow-body aircraft is mainly due to the rising popularity of point-to-point flying approach. The narrow-body aircraft will hold the maximum market share during the forecast period as several narrow-body operators are renovating their existing orders with preference for new engine options with the improvements in engine technologies.

Key questions answered in the report include

• ?What will the market size and the growth rate be in 2021?
• What are the key factors driving the global commercial aircraft airframe materials market?
• What are the key market trends impacting the growth of the global commercial aircraft airframe materials market?
• What are the challenges to the market growth?
• Who are the key vendors in the global commercial aircraft airframe materials market?
• What are the market opportunities and threats faced by the vendors in the global commercial aircraft airframe materials market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global commercial aircraft airframe materials market?

Technavio also offers customization on reports based on specific client requirement.

With the increasing use of airframes made from carbon fiber, reinforced plastic, and other composites, the global commercial aircraft airframe materials market is likely to witness augmented growth in the coming years. This upcoming report specific to the global commercial aircraft airframe materials market offers deep-dive assessments into the market for the aerospace and defense industry, with special emphasis on the fast growing segments like aerospace components.

This research report on commercial aircraft airframe materials market covers vendors like 3M Solvay, Harbin Hafei Airbus Composite Manufacturing, ÉireComposites Teo, Hexcel Corporation, and Albany International to help the clients devise robust and effective strategies. Moreover, this report also presents trends such as cost-effective manufacturing. This report also considers the growth of associated markets like titanium fasteners market, which is expected to post an impressive CAGR of nearly 7% by 2021.

The market research team at Technavio offers a clear picture of the global commercial aircraft airframe materials market by considering the market share and size and surging demand for various power segments for the estimated span of 2017 to 2021. This market study also offers a profound analysis based on the interpretation of the information collected from specific sources such as channel partners, market stakeholders, and industry experts.

The upcoming market research report on the global commercial aircraft airframe materials market also explicates the drivers, trends, as well as the challenges that the aerospace components segment currently experiences. It also offers deep insights into the rapidly altering competitive scenario to give clients an accurate and precise picture of the upcoming events within the aerospace components sector. Technavio also provides deep-dive market assessments into the sectors such as defense.

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.