Aerospace Material Market : Global Opportunities & Forecast 2016-2021 Global Aerospace Material Market Opportunities & F | Page 2

the aerospace material market. In addition, new aircraft manufactures are
cropping up in Asia-Pacific and Latin America, which in-turn will help the market
for aerospace material to grow at a substantial rate during the forecast period.
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Commercial aircraft segment is expected to lead the aerospace material market
during the forecast period owing to the rise in the passenger traffic especially in
emerging economies coupled with growing demand for commercial aircrafts. On
the basis of type, aluminium alloys are projected to lead the aerospace material
market during forecast period because of properties such as increased strength
and low-fatigue.
Asia-Pacific region is expected to grow at the fastest rate in the global
aerospace materials market. The key factor fuelling the growth of the aerospace
material market in the region is the increase in the aircraft deliveries as well as
growing passenger traffic. The rise in the GDP growth rate coupled with increase
in the disposable income in the Asia-Pacific region is estimated to propel the
growth of the aerospace material market.
This research report on aerospace material market provides in-depth analysis of
the global market based on type, aircraft type and major geographies for the
period from 2016 to 2021. The report highlights the major market drivers pushing
the growth and challenges faced by market participants. The research report
provides market size and forecast for aerospace material market. The report
also analyses the competitive landscape and the major player and their market
share in 2016. The competitive landscape section of the report also captures and
highlights the recent development in the market.