Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Aerospace Lightweight Materials Market by Type (Aluminum Alloys, Titanium Alloys, Stainless Steel, Nickel Alloys), By Application (Business Aircraft, Commercial Aircraft, Missiles and Munitions, Engines, Military Fixed Wing, General Aviation, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Aerospace Lightweight Materials Market by Type (Aluminum Alloys, Titanium Alloys, Stainless Steel, Nickel Alloys), By Application (Business Aircraft, Commercial Aircraft, Missiles and Munitions, Engines, Military Fixed Wing, General Aviation, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 137618 3300 Chemical & Material 377 245 Pages 4.9 (35)

Market Overview:

The global aerospace lightweight materials market is estimated to be valued at US$ XX million in 2018 and is projected to reach US$ XX million by 2030, registering a CAGR of X.X% during the forecast period. The growth of the market can be attributed to the increasing demand for lightweight materials in aircrafts owing to their superior properties, such as high strength-to-weight ratio and corrosion resistance. In addition, the increasing adoption of advanced materials, such as titanium alloys and aluminum alloys, in commercial and military aircrafts is also propelling the growth of the market. However, volatility in prices of raw materials used for manufacturing lightweight materials may restrain the growth of this market during the forecast period. Based on type, aluminum alloys are expected to account for a major share ofthe global aerospace lightweight materials market duringthe forecast period.

Global Aerospace Lightweight Materials Industry Outlook

Product Definition:

Aerospace lightweight materials are materials that are specifically designed for use in the aerospace industry. They are used to make aircraft and spacecraft lighter, which makes them more fuel efficient and reduces their operating costs.

Aluminum Alloys:

Aluminum alloys are a group of materials consisting of more than one metal that is bound by an alloy bond. The most common types of aluminum alloys include cast and wrought. Aluminum can also form alliances with other metals such as magnesium, zinc, copper, etc., to form advanced aluminum alloys.

Titanium Alloys:

Titanium alloys are a group of materials consisting of approximately 50% titanium and balance comprising other metals such as iron, aluminum, magnesium, etc. The product has high strength and corrosion resistance which makes it suitable for use in aerospace lightweight materials.

The global market is expected to grow at a CAGR of XX% from 2016 to 2024 on account of increasing demand from the aerospace industry mainly jet engines where light weight is an important parameter for fuel efficiency.

Application Insights:

The business aircraft segment led the market and accounted for more than 45.0% share of the global revenue in 2017. The demand is expected to be driven by general aviation as well as business aviation users, who are increasingly adopting advanced lightweight materials for their aircraft structures. General aviation includes small passenger commercial aircraft, which are used on a domestic level such as in North America and Europe while business aviation comprises of larger fixed-winged airplanes that serve primarily private purposes but can also be used by charter companies on a limited basis.

The engines segment is anticipated to witness significant growth over the forecast period owing to an increase in engine power density regulations regarding noise emissions coupled with high fuel consumption rates among other factors related to these regulations over recent years have resulted in increased utilization of these products across this application category at present time.

Regional Analysis:

North America accounted for the largest share of over 40.0% in 2017, owing to the presence of a large number of aircraft manufacturers in this region. The aerospace industry is one of the significant sectors contributing towards GDPs and has a strong impact on regional economies through tourism and associated activities.

The European market was valued at USD X million in 2017, which is expected to grow at an estimated CAGR 6.2% from 2018 to 2030 owing to increasing military spending by NATO countries such as Germany and France along with U.K., Italy, Spain, etc.

Growth Factors:

  • Increasing demand for lightweight materials from the aerospace industry to reduce fuel consumption and emissions
  • Growing popularity of electric aircrafts, which require lighter materials for construction
  • Rising investment in research and development of new lightweight materials technologies
  • Proliferation of additive manufacturing (3D printing) technology, which enables the production of complex lightweight parts with reduced waste
  • Increased use of composite materials in aircraft construction, as they offer superior strength-to-weight ratios compared to traditional metals

Scope Of The Report

Report Attributes

Report Details

Report Title

Aerospace Lightweight Materials Market Research Report

By Type

Aluminum Alloys, Titanium Alloys, Stainless Steel, Nickel Alloys

By Application

Business Aircraft, Commercial Aircraft, Missiles and Munitions, Engines, Military Fixed Wing, General Aviation, Others

By Companies

BASF, ASM International, Alcoa, Du Pont, Teijin Limited, Cytec Industries, Toray Industries, ATI Metals

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Aerospace Lightweight Materials Market Report Segments:

The global Aerospace Lightweight Materials market is segmented on the basis of:


Aluminum Alloys, Titanium Alloys, Stainless Steel, Nickel Alloys

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Business Aircraft, Commercial Aircraft, Missiles and Munitions, Engines, Military Fixed Wing, General Aviation, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. BASF
  2. ASM International
  3. Alcoa
  4. Du Pont
  5. Teijin Limited
  6. Cytec Industries
  7. Toray Industries
  8. ATI Metals

Global Aerospace Lightweight Materials Market Overview

Highlights of The Aerospace Lightweight Materials Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Aluminum Alloys
    2. Titanium Alloys
    3. Stainless Steel
    4. Nickel Alloys
  1. By Application:

    1. Business Aircraft
    2. Commercial Aircraft
    3. Missiles and Munitions
    4. Engines
    5. Military Fixed Wing
    6. General Aviation
    7. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Aerospace Lightweight Materials Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Aerospace Lightweight Materials Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Aerospace lightweight materials are materials that have been specifically designed to be used in aircraft and spacecraft. These materials are often lighter than traditional metals, which makes them more efficient and less expensive to use. Aerospace lightweight materials can also be more durable than traditional metals, making them ideal for use in high-stress areas such as aircraft wings and fuselages.

Some of the key players operating in the aerospace lightweight materials market are BASF, ASM International, Alcoa, Du Pont, Teijin Limited, Cytec Industries, Toray Industries, ATI Metals.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Aerospace Lightweight Materials Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Aerospace Lightweight Materials Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Aerospace Lightweight Materials Market - Supply Chain
   4.5. Global Aerospace Lightweight Materials Market Forecast
      4.5.1. Aerospace Lightweight Materials Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Aerospace Lightweight Materials Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Aerospace Lightweight Materials Market Absolute $ Opportunity

5. Global Aerospace Lightweight Materials Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Aerospace Lightweight Materials Market Size and Volume Forecast by Type
      5.3.1. Aluminum Alloys
      5.3.2. Titanium Alloys
      5.3.3. Stainless Steel
      5.3.4. Nickel Alloys
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Aerospace Lightweight Materials Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Aerospace Lightweight Materials Market Size and Volume Forecast by Application
      6.3.1. Business Aircraft
      6.3.2. Commercial Aircraft
      6.3.3. Missiles and Munitions
      6.3.4. Engines
      6.3.5. Military Fixed Wing
      6.3.6. General Aviation
      6.3.7. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Aerospace Lightweight Materials Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Aerospace Lightweight Materials Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Aerospace Lightweight Materials Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Aerospace Lightweight Materials Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Aerospace Lightweight Materials Demand Share Forecast, 2019-2029

9. North America Aerospace Lightweight Materials Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Aerospace Lightweight Materials Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Aerospace Lightweight Materials Market Size and Volume Forecast by Application
      9.4.1. Business Aircraft
      9.4.2. Commercial Aircraft
      9.4.3. Missiles and Munitions
      9.4.4. Engines
      9.4.5. Military Fixed Wing
      9.4.6. General Aviation
      9.4.7. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Aerospace Lightweight Materials Market Size and Volume Forecast by Type
      9.7.1. Aluminum Alloys
      9.7.2. Titanium Alloys
      9.7.3. Stainless Steel
      9.7.4. Nickel Alloys
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Aerospace Lightweight Materials Demand Share Forecast, 2019-2029

10. Latin America Aerospace Lightweight Materials Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Aerospace Lightweight Materials Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Aerospace Lightweight Materials Market Size and Volume Forecast by Application
      10.4.1. Business Aircraft
      10.4.2. Commercial Aircraft
      10.4.3. Missiles and Munitions
      10.4.4. Engines
      10.4.5. Military Fixed Wing
      10.4.6. General Aviation
      10.4.7. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Aerospace Lightweight Materials Market Size and Volume Forecast by Type
      10.7.1. Aluminum Alloys
      10.7.2. Titanium Alloys
      10.7.3. Stainless Steel
      10.7.4. Nickel Alloys
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Aerospace Lightweight Materials Demand Share Forecast, 2019-2029

11. Europe Aerospace Lightweight Materials Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Aerospace Lightweight Materials Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Aerospace Lightweight Materials Market Size and Volume Forecast by Application
      11.4.1. Business Aircraft
      11.4.2. Commercial Aircraft
      11.4.3. Missiles and Munitions
      11.4.4. Engines
      11.4.5. Military Fixed Wing
      11.4.6. General Aviation
      11.4.7. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Aerospace Ligtweight Materials Market Size and Volume Forecast by Type
      11.7.1. Aluminum Alloys
      11.7.2. Titanium Alloys
      11.7.3. Stainless Steel
      11.7.4. Nickel Alloys
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Aerospace Lightweight Materials Demand Share, 2019-2029

12. Asia Pacific Aerospace Lightweight Materials Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Aerospace Lightweight Materials Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Aerospace Lightweight Materials Market Size and Volume Forecast by Application
      12.4.1. Business Aircraft
      12.4.2. Commercial Aircraft
      12.4.3. Missiles and Munitions
      12.4.4. Engines
      12.4.5. Military Fixed Wing
      12.4.6. General Aviation
      12.4.7. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Aerospace Lightweight Materials Market Size and Volume Forecast by Type
      12.7.1. Aluminum Alloys
      12.7.2. Titanium Alloys
      12.7.3. Stainless Steel
      12.7.4. Nickel Alloys
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Aerospace Lightweight Materials Demand Share, 2019-2029

13. Middle East & Africa Aerospace Lightweight Materials Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Aerospace Lightweight Materials Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Aerospace Lightweight Materials Market Size and Volume Forecast by Application
      13.4.1. Business Aircraft
      13.4.2. Commercial Aircraft
      13.4.3. Missiles and Munitions
      13.4.4. Engines
      13.4.5. Military Fixed Wing
      13.4.6. General Aviation
      13.4.7. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Aerospace Lightweight Materials Market Size and Volume Forecast by Type
      13.7.1. Aluminum Alloys
      13.7.2. Titanium Alloys
      13.7.3. Stainless Steel
      13.7.4. Nickel Alloys
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Aerospace Lightweight Materials Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Aerospace Lightweight Materials Market: Market Share Analysis
   14.2. Aerospace Lightweight Materials Distributors and Customers
   14.3. Aerospace Lightweight Materials Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. BASF Overview Financials Developments Strategic Outlook
      14.4.2. ASM International Overview Financials Developments Strategic Outlook
      14.4.3. Alcoa Overview Financials Developments Strategic Outlook
      14.4.4. Du Pont Overview Financials Developments Strategic Outlook
      14.4.5. Teijin Limited Overview Financials Developments Strategic Outlook
      14.4.6. Cytec Industries Overview Financials Developments Strategic Outlook
      14.4.7. Toray Industries Overview Financials Developments Strategic Outlook
      14.4.8. ATI Metals Overview Financials Developments Strategic Outlook
      14.4.9. COMPANY9 Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
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