QYR Market Research Global Aerospace Materials market research | Page 5

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• The global consumption of aerospace materials has reached 681.5 K
MT in 2016, with annual increase more than 1.3% for the past five
years. Comparative, the development in China is little faster. The
production structure in China is in low end industry compared with
developed countries. It is estimated that the market in China would
be promising due to rigid demand in local industry. Generally, Precision
Castparts Corporation dominates the high end market of aerospace
materials, with several competitive players like Alcoa, Rio Tinto Alcan,
Kaiser Aluminum, Aleris, Rusal, ATI Metals,Toray Industries.
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