Titanium has been replacing aluminum parts in aircraft manufacturing because of its ability to resist heat and corrosion when it comes in contact with carbon-fiber reinforced polymers (CFRPs). Titanium is now used in the fastening elements, airframe and landing gear of airplanes.
This report contains market size and forecasts of Titanium for Aircraft in global, including the following market information:
Global Titanium for Aircraft Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Titanium for Aircraft Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Titanium for Aircraft companies in 2021 (%)
The global Titanium for Aircraft market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Plate Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Titanium for Aircraft include VSMPO-AVISMA, Berkshire Hathaway Incorporated, Allegheny Technologies Incorporated, Alcoa, Kobelco Group and Baoji Titanium Industry Co. Ltd, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Titanium for Aircraft manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Titanium for Aircraft Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Titanium for Aircraft Market Segment Percentages, by Type, 2021 (%)
Plate
Bar
Tube
Others
Global Titanium for Aircraft Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Titanium for Aircraft Market Segment Percentages, by Application, 2021 (%)
Structure
Engine
Others
Global Titanium for Aircraft Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Titanium for Aircraft Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Titanium for Aircraft revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Titanium for Aircraft revenues share in global market, 2021 (%)
Key companies Titanium for Aircraft sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Titanium for Aircraft sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
VSMPO-AVISMA
Berkshire Hathaway Incorporated
Allegheny Technologies Incorporated
Alcoa
Kobelco Group
Baoji Titanium Industry Co. Ltd