Titanium in the Global Aerospace Industry Report: Trends, Forecast and Competitive Analysis

June 2021 | 158 pages | ID: TF53B890041EN
Lucintel

Abstracts

The future of the global aerospace titanium market looks promising with opportunities in commercial aircraft and military aircraft. The global aerospace titanium market is expected to reach an estimated $3.7 billion by 2026 with a CAGR of 10.0% from 2020 to 2026. The major drivers for this market are increasing deliveries of aircraft and the demand for lightweight titanium materials. There is continuous increasing trend of titanium usage per aircraft such as 4% in B747, 7% content in B777 and 15% in 787.

Emerging trends, which have a direct impact on the dynamics of the market, include developing technology to reduce production cost and increasing applications in aircraft.

A total of 73 figures / charts and 74 tables are provided in this 158-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global aerospace titanium market report, please download the report brochure.

The study includes a forecast for the global aerospace titanium market by aircraft type, by alloy type, by application type, and region, as follows:

By aircraft type [Value ($ Million) and Volume (Million Pounds) from 2015 to 2026]-

• Commercial Aircraft
• Regional Aircraft
• General Aviation
• Helicopter
• Military Aircraft

By alloy type [Value ($ Million) and Volume (Million Pounds) for 2020]-

• Alpha
• Alpha+Beta
• Beta

By application type [Value ($ Million) and Volume (Million Pounds) from 2015 to 2026]-

• Structure (airframe)
• Engine
• Other

By Region [Volume (Million Pounds) and $B shipment analysis for 2015 – 2026]

• North America
• US
• Canada
• Europe
• France
• Asia Pacific
• China
• Japan
• The Rest of the World

Some of the aerospace titanium manufacturers profiled in this report include Precision Castparts Corp., VSMPO-AVISMA Corporation, Allegheny Technologies Incorporated, Baoji Titanium Industry Co. Ltd., RTI International Metals, Inc., and Kobelco Group.

Lucintel forecasts that structure (airframe) will remain the largest application and it is expected to witness the highest growth over the forecast period due to increased focus on weight reduction and fuel efficiency by aircraft manufacturers.

North America will remain the largest region and it is also expected to witness the highest growth over the forecast period due to growth in aircraft deliveries and increasing demand for light weight materials. The USA is highest contributor of titanium consumption in aerospace industry.

Features of the Global Aerospace Titanium Market

• Market Size Estimates: Global aerospace titanium market size estimation in terms of value ($M) and volume (million units) shipment.
• Trend and Forecast Analysis: Market trends (2015-2020) and forecast (2021-2026) by various segments.
• Segmentation Analysis: Global aerospace titanium market size by various segments, such as by type in terms of value and volume.
• Regional Analysis: Global aerospace titanium market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
• Growth Opportunities: Analysis of growth opportunities in different segments by a type and regions for the global aerospace titanium market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape of the global aerospace titanium market.
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions
Q.1. What are some of the most promising, high growth opportunities for the aerospace titanium market 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)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing services in this market and how big of a threat do they pose for loss of market share by service substitution?
Q.11. What M&A activity has occurred in the last five years?

Contents

1. EXECUTIVE SUMMARY

2. INDUSTRY BACKGROUND AND CLASSIFICATIONS

2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2015 TO 2033

3.1: Macroeconomic Trends and Forecast
3.2: Titanium in the Global Aerospace Industry Trends and Forecast
3.3: Titanium in the Global Aerospace Industry by Aircraft Type
  3.3.1: Commercial Aircraft
  3.3.2: Regional Aircraft
  3.3.3: General Aviation
  3.3.4: Helicopters
  3.3.5: Military Aircraft
3.4: Titanium in the Global Aerospace Industry by Alloy Type
3.5: Titanium in the Global Aerospace Industry by Application
  3.5.1: Structure (Airframe)
  3.5.2: Engine
  3.5.3: Others (Fixed Equipment)

4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION

4.1: Titanium in the Global Aerospace Industry by Region
4.2: Titanium in the North American Aerospace Industry
  4.2.1: Titanium in the US Aerospace Market
  4.2.2: Titanium in the Canadian Aerospace Industry
4.3: Titanium in the European Aerospace Industry
  4.3.1: Titanium in the French Aerospace Market
4.4: Titanium in the APAC Aerospace Industry
  4.4.1: Titanium in the Chinese Aerospace Industry
  4.4.2: Titanium in the Japanese Aerospace Industry
4.5: Titanium in the ROW Aerospace Industry

5. COMPETITOR ANALYSIS

5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis

6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS

6.1: Growth Opportunity Analysis
  6.1.1: Growth Opportunities for Titanium in the Global Aerospace Market by Aircraft Type
  6.1.2: Growth Opportunities for Titanium in the Global Aerospace Industry by Application
  6.1.3: Growth Opportunities for Titanium in the Global Aerospace Industry by Region
6.2: Emerging Trends for Titanium in the Global Aerospace Industry
6.3: Strategic Analysis
  6.3.1: Mergers, Acquisitions, and Joint Ventures for Titanium in the Global Aerospace Industry

7. COMPANY PROFILES OF LEADING PLAYERS

7.1: Berkshire Hathaway (Precision Castparts Corp.)
7.2: VSMPO-AVISMA Corporation
7.3: Allegheny Technologies Incorporated (ATI)
7.4: Arconic
7.5: Baoji Titanium Industry Co. Ltd.

List Of Figures

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 Global Titanium Mill Product Market
Figure 2.4: Titanium Sheet and Plates
Figure 2.5: Titanium Pipe and Tubes
Figure 2.6: Titanium Fasteners
Figure 2.7: Application Areas of Titanium Mill Products in the Aircraft Industry (Source: RTI)
Figure 2.8: Titanium Parts in Commercial Aircraft Structure
Figure 2.9: Key Titanium Parts of Boeing
Figure 2.10: Key Titanium Parts of Aircraft Jet Engine
Figure 2.11: Key Titanium Parts of Military Aircraft
Figure 2.12: Supply Chain of Titanium in the Aerospace Industry
Figure 2.13: Major Drivers and Challenges for Titanium in the Global Aerospace Industry
Chapter 3 . Market Trends and Forecast Analysis from 2015 to 2033
Figure 3.1: Trends of the Global GDP Growth Rate
Figure 3.2: Forecast for the Global GDP Growth Rate
Figure 3.3: Trends of the Regional GDP Growth Rate (2015-2020)
Figure 3.4: Forecast for the Regional GDP Growth Rate (2021-2026)
Figure 3.5: Global Passenger Traffic Growth (RPK, %) Trends (2015-2020) Source: IATA
Figure 3.6: Trends of Aircraft Deliveries (2015-2020)
Figure 3.7: Forecast for Aircraft Deliveries (2021-2026)
Figure 3.8: Trends and Forecast for Titanium in the Global Aerospace Industry (2015-2033)
Figure 3.9: Trends and Forecast for Titanium in the Global Aerospace Industry (2016-2033)
Figure 3.10: Trends for Titanium in the Global Aerospace Industry ($M) by Aircraft Type (2015-2020)
Figure 3.11: Forecast for Titanium in the Global Aerospace Industry ($M) by Aircraft Type (2021-2026)
Figure 3.12: Trends for Titanium in the Global Aerospace Industry (M lbs) by Aircraft Type from (2015-2020)
Figure 3.13: Forecast for Titanium in the Global Aerospace Industry (M lbs) by Aircraft Type (2021-2026)
Figure 3.14: Trends and Forecast for Titanium in the Global Aerospace Industry ($M) by Aircraft Type (2016-2033)
Figure 3.15: Trends and Forecast for Titanium in the Global Aerospace Industry (M lbs) by Aircraft Type (2016-2033)
Figure 3.16: Trends and Forecast for Commercial Aircraft in the Global Aerospace Industry (2015-2026)
Figure 3.17: Trends of Titanium for Commercial Aircraft in the Global Aerospace Industry ($M) by Application (2015-2020)
Figure 3.18: Forecast for Titanium for Commercial Aircraft in the Global Aerospace Industry ($M) by Application (2021-2026)
Figure 3.19: Trends of Titanium for Commercial Aircraft in the Global Aerospace Industry (M lbs) by Application (2015-2020)
Figure 3.20: Forecast for Titanium for Commercial Aircraft in the Global Aerospace Industry (M lbs) by Application (2021-2026)
Figure 3.21: Titanium Trends and Forecast for Regional Aircraft in the Global Aerospace Industry (2015-2026)
Figure 3.22: Trends of Titanium for Regional Aircraft in the Global Aerospace Industry ($M) by Application (2015-2020)
Figure 3.23: Forecast for Titanium for Regional Aircraft in the Global Aerospace Industry ($M) by Application (2021-2026)
Figure 3.24: Trends of Titanium for Regional Aircraft in the Global Aerospace Industry (M lbs) by Application (2015-2020)
Figure 3.25: Forecast for Titanium for Regional Aircraft in the Global Aerospace Industry (M lbs) by Application (2021-2026)
Figure 3.26: Trends and Forecast for General Aviation in the Global Aerospace Industry (2015-2026)
Figure 3.27: Trends of Titanium for General Aviation in the Global Aerospace Industry ($M) by Application (2015-2020)
Figure 3.28: Forecast for Titanium for General Aviation in the Global Aerospace Industry ($M) by Application (2021-2026)
Figure 3.29: Trends of Titanium for General Aviation in the Global Aerospace Industry (M lbs) by Application (2015-2020)
Figure 3.30: Forecast for Titanium for General Aviation in the Global Aerospace Industry (M lbs) by Application (2021-2026)
Figure 3.31: Titanium Trends and Forecast for Helicopters in the Global Aerospace Industry (2015-2026)
Figure 3.32: Trends of Titanium for Helicopters in the Global Aerospace Industry ($M) by Application (2015-2020)
Figure 3.33: Forecast for Titanium for Helicopters in the Global Aerospace Industry ($M) by Application (2021-2026)
Figure 3.34: Trends of Titanium for Helicopters in the Global Aerospace Industry (M lbs) by Application (2015-2020)
Figure 3.35: Forecast for Titanium for Helicopters in the Global Aerospace Industry (M lbs) by Application (2021-2026)
Figure 3.36: Titanium Trends and Forecast for Military Aircraft in the Global Aerospace Industry (2015-2026)
Figure 3.37: Trends of Titanium for Military Aircraft in the Global Aerospace Industry ($M) by Application (2015-2020)
Figure 3.38: Forecast for Titanium for Military Aircraft in the Global Aerospace Industry ($M) by Application (2021-2026)
Figure 3.39: Trends of Titanium for Military Aircraft in the Global Aerospace Industry (M lbs) by Application (2015-2020)
Figure 3.40: Forecast for Titanium for Military Aircraft in the Global Aerospace Industry (M lbs) by Application (2021-2026)
Figure 3.41: Titanium in the Global Aerospace Industry by Alloy Type in 2020
Figure 3.42: Trends of Titanium in the Global Aerospace Industry ($M) by Application (2015-2020)
Figure 3.43: Forecast for Titanium in the Global Aerospace Industry ($M) by Application (2021-2026)
Figure 3.44: Trends of Titanium in the Global Aerospace Industry (M lbs) by Application from (2015-2020)
Figure 3.45: Forecast for Titanium in the Global Aerospace Industry (M lbs) by Application (2021-2026)
Figure 3.46: Trends and Forecast for Titanium in the Global Aerospace Industry ($M) by Application (2016-2033)
Figure 3.47: Trends and Forecast for Titanium in the Global Aerospace Industry (M lbs) by Application (2016-2033)
Figure 3.48: Titanium Trends and Forecast for Structure (Airframe) for Titanium in the Global Aerospace Industry (2015-2026)
Figure 3.49: Titanium Trends and Forecast for Engines in the Global Aerospace Industry (2015-2026)
Figure 3.50: Titanium Trends and Forecast for Others (Fixed Equipment) in the Global Aerospace Industry (2015-2026)
Chapter 4 . Market Trends and Forecast Analysis by Region
Figure 4.1: Trends of Titanium in the Global Aerospace Industry ($M) by Region (2015-2020)
Figure 4.2: Forecast for Titanium in the Global Aerospace Industry ($M) by Region (2021-2026)
Figure 4.3: Trends of Titanium in the Global Aerospace Industry (M lbs) by Region (2015-2020)
Figure 4.4: Forecast for Titanium in the Global Aerospace Industry (M lbs) by Region (2021-2026)
Figure 4.5: Trends and Forecast for Titanium in the North American Aerospace Industry (2015-2026)
Figure 4.6: Trends and Forecast for Titanium in the Aerospace Industry of the United States (2015-2026)
Figure 4.7: Trends and Forecast for Titanium in the Canadian Aerospace Industry (2015-2026)
Figure 4.8: Trends and Forecast for Titanium in the European Aerospace Industry (2015-2026)
Figure 4.9: Trends and Forecast for Titanium in the French Aerospace Industry (2015-2026)
Figure 4.10: Trends and Forecast for Titanium in the APAC Aerospace Industry (2015-2026)
Figure 4.11: Trends and Forecast for Titanium in Chinese Aerospace Industry (2015-2026)
Figure 4.12: Trends and Forecast for Titanium in Japanese Aerospace Industry (2015-2026)
Figure 4.13: Trends and Forecast for Titanium in the ROW Aerospace Industry (2015-2026)
Chapter 5 . Competitor Analysis
Figure 5.1: Market Share Analysis of Titanium Mill Product Suppliers in 2020
Figure 5.2: Titanium in the Global Aerospace Industry: Top Four Players Market Share
Figure 5.3: Locations of Major Global Titanium Mill Products Suppliers
Figure 5.4: Porter’s Five Forces Analysis for Titanium Consumption in the Global Aerospace Industry
Chapter 6. Growth Opportunities and Strategic Analysis
Figure 6.1: Growth Opportunities for Titanium in the Global Aerospace Industry by Aircraft Type
Figure 6.2: Growth Opportunities for Titanium in the Global Aerospace Industry by Application
Figure 6.3: Growth Opportunities for Titanium in the Global Aerospace Industry by Region
Figure 6.4: Emerging Trends for Titanium in the Global Aerospace Industry
Chapter 7 . Company Profiles of Leading Players
Figure 7.1: Major Plant Locations of VSMPO-AVISMA Titanium Business
Figure 7.2: Major Plant Locations of Allegheny Technologies Inorporated Titanium Business
Figure 7.3: Major Plant Locations of Arconic Titanium Business

List Of Tables

LIST OF TABLES

Chapter 1 . Executive Summary
Table 1.1: Titanium in the Global Aerospace Industry Parameters and Attributes
Chapter 2 . Industry Background and Classifications
Table 2.1: Features of Titanium
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 Alloy Types and Details
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 Trends and Forecast Analysis from 2015 to 2033
Table 3.1: Market Trends and Forecast for Titanium in the Global Aerospace Industry (2015-2033)
Table 3.2: Market Size and CAGR of Various Aircraft Types for Titanium in the Global Aerospace Industry (2015-2020)
Table 3.3: Market Size and CAGR of Various Aircraft Types for Titanium in the Global Aerospace Industry (2021-2026)
Table 3.4: Market Size and of Various Aircraft Type for Titanium in the Global Aerospace Industry by Volume (2015-2020)
Table 3.5: Market Size and CAGR of Various Aircaft Type for Titanium in the Global Aerospace Industry by Volume (2021-2026)
Table 3.6: Market Trends for Commercial Aircraft in the Global Aerospace Industry (2015-2020)
Table 3.7: Market Forecast for Commercial Aircraft in the Global Aerospace Industry (2021-2026)
Table 3.8: Titanium Market Size and CAGR of Various Applications for Commercial Aircraft in the Global Aerospace Industry (2015-2020)
Table 3.9: Titanium Market Size and CAGR of Various Applications for Commercial Aircraft in the Global Aerospace Industry (2021-2026)
Table 3.10: Titanium Market Size and CAGR of Various Applications for Commercial Aircraft in the Global Aerospace Industry by Volume (2015-2020)
Table 3.11: Titanium Market Size and CAGR of Various Applications for Commercial Aircraft in the Global Aerospace Industry by Volume (2021-2026)
Table 3.12: Market Trends for Regional Aircraft in the Global Aerospace Industry (2015-2020)
Table 3.13: Market Forecast for Regional Aircraft in the Global Aerospace Industry (2021-2026)
Table 3.14: Titanium Market Size and CAGR of Various Applications for Regional Aircraft in the Global Aerospace Industry (2015-2020)
Table 3.15: Titanium Market Size and CAGR of Various Applications for Regional Aircraft in the Global Aerospace Industry (2021-2026)
Table 3.16: Titanium Market Size and of Various Application for Regional Aircraft in the Global Aerospace Industry by Volume (2015-2020)
Table 3.17: Titanium Market Size and CAGR of Various Application for Regional Aircraft in the Global Aerospace Industry by Volume (2021-2026)
Table 3.18: Market Trends for General Aviation in the Global Aerospace Industry (2015-2020)
Table 3.19: Market Forecast for General Aviation in the Global Aerospace Industry (2021-2026)
Table 3.20: Titanium Market Size and CAGR of Various Applications for General Aviation the Global Aerospace Industry (2015-2020)
Table 3.21:Titanium Market Size and CAGR of Various Applications for General Aviation in the Global Aerospace Industry (2021-2026)
Table 3.22: Titanium Market Size and of Various Application for General Aviation in the Global Aerospace Industry by Volume (2015-2020)
Table 3.23: Titanium Market Size and CAGR of Various Application for General Aviation in the Global Aerospace Industry by Volume (2021-2026)
Table 3.24: Market Trends for Helicopters in the Global Aerospace Industry (2015-2020)
Table 3.25: Market Forecast for Helicopters in the Global Aerospace Industry (2021-2026)
Table 3.26: Titanium Market Size and CAGR of Various Applications for Helicopters in the Global Aerospace Industry (2015-2020)
Table 3.27: Titanium Market Size and CAGR of Various Applications for Helicopters in the Global Aerospace Industry (2021-2026)
Table 3.28: Titanium Market Size and of Various Application for Helicopters in the Global Aerospace Industry by Volume (2015-2020)
Table 3.29: Titanium Market Size and CAGR of Various Application for Helicopters in the Global Aerospace Industry by Volume (2021-2026)
Table 3.30: Market Trends for Military Aircraft in the Global Aerospace Industry (2015-2020)
Table 3.31: Market Forecast for Military Aircraft in the Global Aerospace Industry (2021-2026)
Table 3.32: Titanium Market Size and CAGR of Various Applications for Military Aircraft in the Global Aerospace Industry (2015-2020)
Table 3.33: Titanium Market Size and CAGR of Various Applications for Military Aircraft in the Global Aerospace Industry (2021-2026)
Table 3.34: Titanium Market Size and of Various Applications for Military Aircraft in the Global Aerospace Industry by Volume (2015-2020)
Table 3.35: Titanium Market Size and CAGR of Various Applications for Military Aircraft in the Global Aerospace Industry by Volume (2021-2026)
Table 3.36: Market Size and CAGR of Various Applications for Titanium in the Global Aerospace Industry (2015-2020)
Table 3.37: Market Size and CAGR of Various Applications for Titanium in the Global Aerospace Industry (2021-2026)
Table 3.38: Market Size and of Various Application for Titanium in the Global Aerospace Industry by Volume (2015-2020)
Table 3.39: Market Size and CAGR of Various Application for Titanium in the Global Aerospace Industry by Volume (2021-2026)
Table 3.40: Titanium Trends for Structure (Airframe) in the Global Aerospace Industry (2015-2020)
Table 3.41: Titanium Forecast for Structure (Airframe) in the Global Aerospace Industry (2021-2026)
Table 3.42: Titanium Trends for Engine in the Global Aerospace Industry (2015-2020)
Table 3.43: Market Forecast for Engine in the Global Aerospace Industry (2021-2026)
Table 3.44: Titanium Trends for Others (Fixed Equipment) in the Global Aerospace Industry (2015-2020)
Table 3.45: Titanium Forecast for Others (Fixed Equipment) in the Global Aerospace Industry (2021-2026)
Chapter 4. Market Trends and Forecast Analysis by Region
Table 4.1: Market Size and CAGR of Various Regions for Titanium in the Global Aerospace Industry (2015-2020)
Table 4.2: Market Size and CAGR of Various Regions for Titanium in the Global Aerospace Industry (2021-2026)
Table 4.3: Market Size and of Various Regions for Titanium in the Global Aerospace Industry by Volume (2015-2020)
Table 4.4: Market Size and CAGR of Various Regions for Titanium in the Global Aerospace Industry by Volume (2021-2026)
Table 4.5: Market Trends for Titanium in the North American Aerospace Industry (2015-2020)
Table 4.6: Market Forecast for Titanium in the North American Aerospace Industry (2021-2026)
Table 4.7: Trends and Forecast for Titanium in the Aerospace Industry of the United States (2015-2026)
Table 4.8: Trends and Forecast for Titanium in the Canadian Aerospace Industry (2015-2026)
Table 4.9: Market Trends for Titanium in the European Aerospace Industry (2015-2020)
Table 4.10: Market Forecast for Titanium in the European Aerospace Industry (2021-2026)
Table 4.11: Trends and Forecast for Titanium in French Aerospace Industry (2015-2026)
Table 4.12: Market Trends for Titanium in the APAC Aerospace Industry (2015-2020)
Table 4.13: Market Forecast for Titanium in the APAC Aerospace Industry (2021-2026)
Table 4.14: Trends and Forecast for Titanium in the Chinese Aerospace Industry (2015-2026)
Table 4.15: Trends and Forecast for Titanium in the Japanese Aerospace Industry (2015-2026)
Table 4.16: Market Trends for Titanium in the ROW Aerospace Industry (2015-2020)
Table 4.17: Market Forecast for Titanium in the ROW Aerospace Industry (2021-2026)
Chapter 5 . Competitor Analysis
Table 5.1: Product Mapping of Titanium Mill Product Manufacturers Based on Aircraft Type
Table 5.2: Market Share of Titanium Mill Product Suppliers in 2020
Table 5.3: Operational Integration of Titanium Mill Products Manufacturers