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Growth Opportunities for Titanium in Global Aerospace Industry 2015-2020

April 2024 | 160 pages | ID: GB7D5253284EN
Lucintel

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According to a new market report published by Lucintel, the future of titanium consumption in the aerospace market looks promising with opportunities in commercial and military aircraft. Titanium in the global aerospace industry is forecast to grow at a CAGR of 3.3% by value from 2015 to 2020. The major growth drivers of this market are increasing deliveries of aircraft, demand for lightweight materials, and increasing penetration of titanium usage per aircraft.

In this market, the commercial aircraft segment is the largest segment in terms of titanium consumption. The demand for titanium in the commercial aircraft segment is expected to remain the largest due to an increase in aircraft delivery and increasing penetration of titanium alloys in commercial aircraft. The regional aircraft segment is likely to experience the highest growth in the forecast period, supported by the rise in delivery of regional aircraft and small base phenomenon.

Within the titanium in global aerospace industry, aircraft structure (airframe) is the largest segment, followed by engine, and it is expected to remain the leading segment by value and volume consumption during the forecast period. Increased focus on weight reduction and fuel efficiency by aircraft manufacturers has augmented the use of titanium alloys in aircraft.

North America is expected to remain the largest market due to the growth in aircraft deliveries and the presence of major aircraft and component manufacturers. The US is the largest consumer of titanium material in the aerospace industry. Europe is expected to witness the highest growth (by value and volume) over the forecast period by virtue of growth in the commercial and regional aircraft markets, followed by Asia Pacific and North America.

For market expansion, the report suggests innovation and new product development, where the unique characteristics of titanium can be capitalized. The report further suggests the development of partnerships with customers and the development of performance-driven solutions for end users. The emerging trends, which have a direct impact on the dynamics of the industry, include developing technologies to reduce production cost and increasing applications of titanium in aircrafts. Precision Castparts Corp., VSMPO-AVISMA Corporation, Allegheny Technologies Incorporated, Baoji Titanium Industry Co. Ltd., RTI International Metals, Inc., and Kobelco Group are among the major suppliers of titanium to the aerospace industry. Some companies are opting for M&A as a strategic initiative for driving growth.

Lucintel, a leading global strategic consulting and market research firm, has analyzed titanium in the global aerospace industry by aircraft type, application type, region and has come up with a comprehensive research report, “Growth Opportunities for Titanium in Global Aerospace Industry 2015-2020: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a springboard for growth strategy, as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for titanium in the global aerospace industry through 2020, segmented by aircraft type, application type, and region as follows:
  • By aircraft type [value ($ million) and volume (million pounds) from 2009 to 2020]-
    • Commercial Aircraft
    • Regional Aircraft
    • General Aviation
    • Helicopter
    • Military Aircraft
  • By application type [value ($ million) and volume (million pounds) from 2009 to 2020]-
    • Structure (airframe)
    • Engine
    • Other
  • By region [value ($ million) and volume (million pounds) from 2009 to 2020]-
    • North America
    • Europe
    • Asia Pacific
    • Rest of World
This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find.

To make business, investment, and strategic decisions, you need timely, useful information. This market report fulfills this core need and is an indispensable reference guide for multinational materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market.

Some of the features of “Growth Opportunities for Titanium in Global Aerospace Industry 2015-2020: Trends, Forecast, and Opportunity Analysis” include:
  • Market size estimates: Titanium in global aerospace industry size estimation in terms of volume (M lbs.) and value ($M) shipment.
  • Trend and forecast analysis: Titanium in global aerospace industry trend (2009-2014) and forecast (2015-2020) by region and segment.
  • Segmentation analysis: Titanium in global aerospace industry size byapplication and aircraft types such as commercial aircraft, general aviation, helicopter, regional jet and military aircraftboth in terms of volume and value shipment.
  • Regional analysis: Titanium in global aerospace industry breakdown by key regions such as North America, Europe, Asia Pacific, and Rest of World.
  • Growth opportunities: Analysis on growth opportunities in different applications and regions.
  • Strategic analysis: This includes M&A, new product development, competitive landscape, and expansion strategies of titanium products suppliersin global aerospace industry.
  • Emerging applications: Emerging applications of titanium in global aerospace industry in various markets.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
1. EXECUTIVE SUMMARY

2. INDUSTRY BACKGROUND AND CLASSIFICATIONS

2.1: Introduction
2.2: Aerospace Industry
2.2: Industry Classification
2.3: Titanium in Aerospace Industry
2.4: Supply Chain

3. MARKET TREND AND FORECAST ANALYSIS

3.1: Market Analysis 2014
  3.1.1: Titanium Consumption in Global Aerospace Industry by Value and Volume
  3.1.2: Titanium Consumption in Global Aerospace Industry by Aircraft Type
  3.1.3: Titanium in Global Aerospace Industry by Application
  3.1.4: Titanium Consumption in Global Aerospace Industry by Region
3.2: Market Trend 2009-2014
  3.2.1: Macroeconomic Trends
  3.2.2: Titanium Consumption in Global Aerospace Industry Trend by Value and Volume
  3.2.3: Titanium in Global Aerospace Industry Trend by Aircraft Type
  3.2.4: Titanium Consumption in Global Aerospace Industry Trend by Application
  3.2.5: Titanium in Global Aerospace Industry by Region
  3.2.6: Industry Drivers and Challenges
3.3: Market Forecast from 2015 to 2020
  3.3.1: Macroeconomic Forecast
  3.3.2: Titanium Consumption in Global Aerospace Industry Forecast by Value and Volume
  3.3.3: Titanium in Global Aerospace Industry Forecast by Aircraft Type
  3.3.4: Titanium in Global Aerospace Industry Forecast by Application
  3.3.5: Titanium in Global Aerospace Industry Forecast by Region

4. COMPETITOR ANALYSIS

4.1: Product Portfolio Analysis
4.2: Market Share Analysis
4.3: Geographical Reach
4.4: Operational Integration
4.5: Growth Leadership Analysis
4.6: Porter’s Five Forces Analysis

5. GROWTH OPPORTUNITY AND STRATEGIC ANALYSIS

5.1: Growth Opportunities Analysis
  5.1.1: Growth Opportunities for Titanium in Global Aerospace Industry by Regions
  5.1.2: Growth Opportunities for Titanium in Global Aerospace Industry by Aircraft Type
5.2: Emerging Trends for Titanium in Aerospace Industry
5.3: Strategic Analysis
  5.3.1: New Product Development by Competitors
  5.3.2: Expansion Strategy
  5.3.3: Product-Market Growth Matrix for Titanium in Aerospace Industry
5.4: Mergers and Acquisitions in Global Titanium Mill Product Market

6. COMPANY PROFILES OF LEADING PLAYERS

LIST OF FIGURES

CHAPTER 2. Industry Background and Classifications

Figure 2.1: Titanium Mill Products
Figure 2.2: Production process of Titanium Mill Products
Figure 2.3: Classification of Aerospace Industry according to Aircraft Type
Figure 2.4: Classification of Global Titanium Mill Products Market
Figure : 2.5: Titanium Sheet and Plates
Figure : 2.6: Titanium Bars
Figure 2.7: Titanium Pipe and Tubes
Figure 2.8: Titanium Fasteners
Figure 2.9: Benefits of Titanium in Global Aerospace Industry
Figure 2.10: Application Areas of Titanium Mill Products in Aircraft Industry (Source: RTI)
Figure 2.11: Titanium Parts in Commercial Aircraft Structure
Figure 2.12: Key Titanium Parts of Boeing
Figure 2.13: Key Titanium Parts of Aircraft Jet Engine
Figure 2.14: Key Titanium Parts of Military Aircraft
Figure 2.15: Supply Chain of Titanium in Aerospace Industry

CHAPTER 3. Market Trend and Forecast Analysis

Figure 3.1: Titanium Distribution (%) in Global Aerospace Industry ($ Million) by Aircraft Type in 2014
Figure 3.2: Titanium in Global Aerospace Industry ($ Million) by Aircraft Type in 2014
Figure 3.3: Titanium Distribution (%) in Global Aerospace Industry (Million Pounds) by Aircraft Type in 2014
Figure 3.4: Titanium in Global Aerospace Industry (Million Pounds) by Aircraft Type in 2014
Figure 3.5: Titanium Distribution (%) in Global Aerospace Industry ($ Million) by Application in 2014
Figure 3.6: Titanium in Global Aerospace Industry ($Million) by Application in 2014
Figure 3.7: Titanium Distribution (%) in Global Aerospace Industry (Million Pounds) by Application in 2014
Figure 3.8: Titanium in Global Aerospace Industry (Million Pounds) by Application in 2014
Figure 3.9: Titanium Distribution (%) in Global Aerospace Industry ($ Million) by Region in 2014
Figure 3.10: Titanium in Global Aerospace Industry ($ Million) by Region in 2014
Figure 3.11: Titanium Distribution (%) in Global Aerospace Industry (Million Pounds) by Region in 2014
Figure 3.12: Titanium in Global Aerospace Industry (Million Pounds) by Region in 2014
Figure 3.13: Global GDP Growth Rate Trend
Figure 3.14: Global Air Passenger Traffic Growth Rate Trend
Figure 3.15: Trend in Commercial Aircraft Deliveries for Boeing and Airbus 2009-2014
Figure 3.16: External Forces Shaping Titanium Growth in Aerospace Industry
Figure 3.17: Titanium Growth Trend in Global Aerospace Industry from 2009 to 2014
Figure 3.18: Titanium Growth Trend in Global Aerospace Industry ($ Million) by Aircraft Type from 2009 to 2014
Figure 3.19: Titanium Growth Trend in Global Aerospace Industry (Million Pounds) by Aircraft Type from 2009 to 2014
Figure 3.20 Titanium in Global Aerospace Industry ($ Million) Trend by Application from 2009 to 2014
Figure 3.21: Titanium in Global Aerospace Industry (Million Pounds) Trend by Application Volume from 2009 to 2014
Figure 3.22: Titanium in Global Aerospace Industry ($ Million) Trend for Commercial Aircraft by Application from 2009 to 2014
Figure 3.23: Titanium in Global Aerospace Industry (Million Pounds) Trend for Commercial Aircraft by Application from 2009 to 2014
Figure 3.24: Titanium in Global Aerospace Industry ($ Million) Trend for Regional Jet by Application from 2009 to 2014
Figure 3.25: Titanium in Global Aerospace Industry (Million Pounds) Trend for Regional Jet by Application from 2009 to 2014
Figure 3.26: Titanium in Global Aerospace Industry ($ Million) Trend for General Aviation by Application from 2009 to 2014
Figure 3.27: Titanium in Global Aerospace Industry (Million Pounds) Trend for General Aviation by Application from 2009 to 2014
Figure 3.28: Titanium in Global Aerospace Industry ($ Million) Trend for Helicopter by Application from 2009 to 2014
Figure 3.29: Titanium in Global Aerospace Industry (Million Pounds) Trend for Helicopter by Application from 2009 to 2014
Figure 3.30: Titanium in Global Aerospace Industry Trend for Military Aircraft ($ Million) by Application Type from 2009 to 2014
Figure 3.31: Titanium in Global Aerospace Industry Trend for Military (Million Pounds) by Application Type from 2009 to 2014
Figure 3.32: Titanium in Global Aerospace Industry ($ Million) Trend by Region from 2009 to 2014
Figure 3.33: Titanium in Global Aerospace Industry (Million Pounds) Trend by Region from 2009 to 2014
Figure 3.34: Drivers and Challenges for Titanium in Global Aerospace Industry
Figure 3.35: Global GDP Growth Rate Forecast
Figure 3.36 Forecast in Commercial Aircraft Deliveries for Boeing and Airbus 2014-2020
Figure 3.37: Titanium Growth Forecast in Global Aerospace Industry Forecast from 2015 to 2020
Figure 3.38: Titanium Growth Forecast in Global Aerospace Industry ($ Million) by Aircraft Type from 2015 to 2020
Figure 3.39: Titanium Growth Forecast in Global Aerospace Industry (Million Pounds) by Aircraft Type from 2015 to 2020
Figure 3.40 Titanium Growth Forecast in Global Aerospace Industry ($ Million) by Value from 2015 to 2020
Figure 3.41: Titanium Growth Forecast in Global Aerospace Industry (Million Pounds) by Application Type Volume from 2015 to 2020
Figure 3.42: Titanium Growth Forecast in Global Aerospace Industry for Commercial Aircraft ($ Million) by Application from 2015 to 2020
Figure 3.43: Titanium in Global Aerospace Industry Forecast for Commercial Aircraft (Million Pounds) by Application from 2015 to 2020
Figure 3.44: Titanium Growth Forecast in Global Aerospace Industry for Regional Jet ($ Million) by Application from 2015 to 2020
Figure 3.45: Titanium in Global Aerospace Industry Forecast for Regional Jet (Million Pounds) by Application from 2015 to 2020
Figure 3.46: Titanium in Global Aerospace Industry Forecast for General Aviation ($ Million) by Application from 2015 to 2020
Figure 3.47: Titanium in Global Aerospace Industry Forecast for General Aviation (Million Pounds) by Application from 2015 to 2020
Figure 3.48: Titanium in Global Aerospace Industry ($ Million) Forecast for Helicopter by Application from 2015 to 2020
Figure 3.49: Titanium in Global Aerospace Industry (Million Pounds) Forecast for Helicopter by Application Type from 2015 to 2020
Figure 3.50: Titanium in Global Aerospace Industry Forecast for Military Aircraft ($ Million) by Application Type from 2015 to 2020
Figure 3.51: Titanium in Global Aerospace Industry Forecast for Military (Million Pounds) by Application Type from 2015 to 2020
Figure 3.52: Titanium in Global Aerospace Industry ($ Million) Forecast by Region from 2015 to 2020
Figure 3.53: Titanium in Global Aerospace Industry (Million Pounds) Forecast by Region from 2015 to 2020

CHAPTER 4. Competitor Analysis

Figure 4.1: Market Share Analysis of Titanium Mill Products Suppliers in 2014
Figure 4.2: Major Global Titanium Mill Products Suppliers
Figure 4.3: Market Coverage of Titanium in Aerospace Market
Figure 4.4: Growth Leadership Matrix for Titanium consumption in Global Aerospace Industry
Figure 4.5: Porter’s Five Forces Analysis for Titanium consumption in Global Aerospace Industry

CHAPTER 5. Growth Opportunity and Strategic Analysis

Figure 5.1: Growth Opportunities for Titanium consumption in Global Aerospace Industry by Regions
Figure 5.2: Growth Opportunities for Titanium consumption in Global Aerospace Industry by Aircraft Type
Figure 5.3: Emerging Trends for Titanium consumption in Global Aerospace Industry
Figure 5.4: Geographic Segmentation of Strategic Initiatives
Figure 5.5: YOY Study of the Strategic Initiatives of Titanium in Aerospace Market
Figure 5.6: Business Expansion Strategies of Competitors: Ansoff Matrix
Figure 5.7: Product- Market Strategy for Titanium consumption in Global Aerospace Industry

LIST OF TABLES

CHAPTER 1. Executive Summary

Table 1.1: Titanium in Global Aerospace Industry Parameters and Attributes
CHAPTER 2. Industry Background and Classifications
Table 2.1: Features of Titanium Metal
Table 2.2: Comparison of Physical Properties of Titanium with Other Metals
Table 2.3: Application Areas of Titanium Mill Products
Table 2.4: Titanium Alloys Used In Aircraft
Table : 2.5: Applications of Titanium Grades
Table 2.6: Chemical Composition (Weight %) Of Various Grades of Titanium Alloys
Table 2.7: Titanium Applications in Commercial Aircraft
Table 2.8: Titanium Applications in Military Aircraft

CHAPTER 3. Market Trend and Forecast Analysis

Table 3.1: Market Trends from 2009 to 2014 of Titanium in Global Aerospace Industry
Table 3.2: Average Growth Rates for One, Three, and Five Years for Titanium in Global Aerospace Industry Consumption in Terms of $ Million
Table 3.3: Market Size and 2013-2014 Growth Rates of Titanium in Global Aerospace Industry by Aircraft Type in Terms of Value and Volume
Table 3.4: Market Size and Annual Growth Rates of Global Aerospace Titanium Mill Products Industry by Aircraft Type during Last Five Years from 2009 to 2014 in Various Segments in Terms of Value and Volume
Table 3.5: Titanium consumption in various aircraft
Table 3.6: Market Size and 2013-2014 Growth Rates of Titanium in Aerospace for Commercial Aircraft in Various Applications in Terms of Value and Volume
Table 3.7: Market Size and Annual Growth Rates Titanium in Aerospace Industry for Commercial Aircraft Industry during Last Five Years from 2009 to 2014 in Various Applications in Terms of Value and Volume
Table 3.8: Market Size and 2013-2014 Growth Rates of Titanium in Aerospace for Regional Jet in Various Applications in Terms of Value and Volume
Table 3.9: Market Size and Annual Growth Rates Titanium in Aerospace Industry for Regional Jet Industry during Last Five Years from 2009 to 2014 in Various Applications in Terms of Value and Volume
Table 3.10: Market Size and 2013-2014 Growth Rates of Titanium in Aerospace for General Aviation in Various Applications in Terms of Value and Volume
Table 3.11: Market Size and Annual Growth Rates Titanium in Aerospace Industry for General Aviation Industry during Last Five Years from 2009 to 2014 in Various Applications in Terms of Value and Volume
Table 3.12: Market Size and Annual Growth Rates Titanium in Aerospace Industry for Helicopter Industry during Last Five Years from 2009 to 2014 in Various Applications in Terms of Value and Volume
Table 3.13: Market Size and 2013-2014 Growth Rates of Titanium in Aerospace for Military Aircraft in Various Applications in Terms of Value and Volume
Table 3.14: Market Size and Annual Growth Rates Titanium in Aerospace Industry for Military Aircraft Industry during Last Five Years from 2009 to 2014 in Various Applications in Terms of Value and Volume
Table 3.15: Market Size and 2013-2014 Growth Rates of Titanium in Aerospace Industry by Region in Terms of Value and Volume
Table 3.16: Market Size and Annual Growth Rates of Titanium in Aerospace Industry during Last Five Years from 2009 to 2014 by Region in Terms of Value and Volume
Table 3.17: Market Forecast from 2015 -2020 of Titanium in Global Aerospace Industry
Table 3.18: Average Growth Rates for One, Three, and Five Years for the Titanium in Global Aerospace Industry in Terms of $Million
Table 3.19: Market Size and 2014-2015 Growth Rates of Titanium in Global Aerospace Industry by Aircraft Type in Terms of Value and Volume
Table 3.20: Market Size and Annual Growth Rates of Titanium in Global Aerospace Industry by Application during Next Five Years from 2015 to 2020 in Various Segments in Terms of Value and Volume
Table 3.21: Market Size and from 2015 to 2020 Growth Rates for Titanium in Global Aerospace Industry by Aircraft Type in Terms of Value and Volume
Table 3.22: Market Size and Annual Growth Rates of Titanium in Global Aerospace Industry by Application Type during Next Five Years from 2015 to 2020 in Various Segments in Terms of Value and Volume
Table 3.23: Market Size and 2015-2020 Growth Rates of Titanium in Aerospace for Commercial Aircraft in Various Applications in Terms of Value and Volume
Table 3.24: Market Size and Annual Growth Rates Titanium in Aerospace Industry for Commercial Aircraft Industry during Next Five Years from 2015 to 2020 in Various Applications in Terms of Value and Volume
Table 3.25: Market Size and 2015-2020 Growth Rates of Titanium in Aerospace for Regional Jet in Various Applications in Terms of Value and Volume
Table 3.26: Market Size and Annual Growth Rates Titanium in Aerospace Industry for Regional Jet Industry during Next Five Years (from 2015 to 2020) in Various Applications in Terms of Value and Volume
Table 3.27: Market Size and 2014-2015 Growth Rates of Titanium in Aerospace for General Aviation in Various Applications in Terms of Value and Volume
Table 3.28: Market Size and Annual Growth Rates Titanium in Aerospace Industry for General Aviation Industry during Next Five Years (from 2015 to 2020) in Various Applications in Terms of Value and Volume
Table 3.29: Market Size and 2015-2020 Growth Rates of Titanium in Aerospace for Helicopter in Various Applications in Terms of Value and Volume
Table 3.30: Market Size and Annual Growth Rates Titanium in Aerospace Industry for Helicopter Industry during Next Five Years from 2015 to 2020 in Various Applications in Terms of Value and Volume
Table 3.31: Market Size and 2014-2015 Growth Rates of Titanium in Aerospace for Military Aircraft in Various Applications in Terms of Value and Volume
Table 3.32: Market Size and Annual Growth Rates Titanium in Aerospace Industry for Military Aircraft Industry during Next Five Years from 2015 to 2020 in Various Applications in Terms of Value and Volume
Table 3.33: Market Size and 2014-2015 Growth Rates of Titanium in Aerospace Industry by Region in Terms of Value and Volume
Table 3.34: Market Size and Annual Growth Rates of Titanium in Aerospace Industry during Next Five Years from 2015 to 2020 by Region in Terms of Value and Volume

CHAPTER 4. Competitor Analysis

Table 4.1: Product Mapping of Titanium Mill Products Suppliers Based on Aircraft Type
Table 4.2: Market Share of Titanium Mill Products Suppliers in 2014
Table 4.3: Presence of Titanium Mill Products Supplier across the Value Chain

CHAPTER 5. Growth Opportunity and Strategic Analysis

Table 5.1: New Product Launches in Titanium Mill Products Industry
Table 5.2: New Market Entry by Geographical Area
Table 5.3: Capability Enhancement Activities by Competitors
Table 5.4: New Market Entry by Geographical Area
Table 5.5: Geographic Segmentation of Strategic Initiatives in 2014
Table 5.6: Geographic Segmentation of Strategic Initiatives in 2013
Table 5.7: Type of Market Expansion Activities by Competitors


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