Titanium in the Global Aerospace Market Is Expected to Reach $4.1 Billion by 2025 – an Exclusive Market Research Report by Lucintel

Trends and Forecast for the Global Titanium in the Global Aerospace Industry Market
Trends, opportunities and forecast in aerospace titanium market to 2026 by aircraft type (commercial aircraft, regional aircraft, general aviation, helicopters, and military aircraft), by alloy type (alpha, alpha+beta, and beta), by application type (structure, engine, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)

Lucintel’s latest market report analyzed that titanium in the global aerospace provides attractive opportunities in the commercial aircraft, military aircraft, helicopter, general aviation, and regional aircraft. The titanium in the global aerospace market is expected to reach $4.1 billion by 2025 with a CAGR of 3.0%. In this market, structure is the largest segment by application, whereas commercial aircraft is largest by aircraft type. The developing technology to reduce production cost and increasing applications of titanium in aircraft provides strategic growth path in this market.

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Based on application type, the titanium in the global aerospace market is segmented into structure, engine, and others. The structure segment accounted for the largest share of the market in 2020, as the major parts fabricated from titanium include seat tracks, fuselage chords, door frame, wing spar, and crown bulkhead chord. Increased focus on weight reduction and fuel efficiency by aircraft manufacturers has augmented the use of titanium alloys in aircraft structure.      

Browse in-depth TOC on “Titanium in the Global Aerospace Market”

75 – Tables

85 – Figures

152– Pages

The titanium in the global aerospace market is marked by the presence of several big and small players. Some of the prominent players offering titanium in the global aerospace include VSMPO-AVISMA, Berkshire Hathaway Incorporated, Allegheny Technologies Incorporated, Alcoa (previously RTI International Metals), Baoji Titanium Industry Co. Ltd., and Kobelco Group and others.  

 

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

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