Global Aerospace And Defense Materials Market Size & Outlook

The aerospace and defense materials industry worldwide is expected to reach a projected revenue of US$ 27,996.7 million by 2030. A compound annual growth rate of 5.3% is expected of the worldwide aerospace and defense materials industry from 2024 to 2030.

Revenue, 2023 (US$M)
$19,548.3
Forecast, 2030 (US$M)
$27,996.7
CAGR, 2024 - 2030
5.3%
Report Coverage
Worldwide

Global aerospace and defense materials market highlights

  • The global aerospace and defense materials market generated a revenue of USD 19,548.3 million in 2023 and is expected to reach USD 27,996.7 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 5.3% by 2030.
  • In terms of segment, composites accounted for a revenue of USD 7,911.3 million in 2023.
  • Titanium is the most lucrative material segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 19,548.3 million
Market revenue in 2030USD 27,996.7 million
Growth rate5.3% (CAGR from 2023 to 2030)
Largest segmentComposites
Fastest growing segmentTitanium
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAluminum, Titanium, Composites, Superalloys, Steel, Plastics

Other key industry trends

  • In terms of revenue, the North America accounted for 55.5% of the global aerospace and defense materials market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Brazil is the fastest growing regional market and is projected to reach USD 85.1 million by 2030.

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Aerospace And Defense Materials Market Companies

Name Profile # Employees HQ Website

Global aerospace and defense materials market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aerospace and defense materials market will help companies and investors design strategic landscapes.


composites was the largest segment with a revenue share of 40.47% in 2023. Horizon Databook has segmented the Global aerospace and defense materials market based on aluminum, titanium, composites, superalloys, steel, plastics covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Aerospace And Defense Materials Material Outlook (Revenue, USD Million, 2018-2030)
    • Aluminum
    • Titanium
    • Composites
    • Superalloys
    • Steel
    • Plastics
    • Others
  • Global Aerospace And Defense Materials Aircrft Part Outlook (Revenue, USD Million, 2018-2030)
    • Aersostructure
    • Part
    • Cabin Interiors
    • Propulsion System
    • Equipment, System, and Support
    • Satellites
    • Construction & Insulation Part
  • Global Aerospace And Defense Materials Aircraft Type Outlook (Revenue, USD Million, 2018-2030)
    • Commercial
    • Business & General Aviation
    • Millitary
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global aerospace and defense materials market , including forecasts for subscribers. This global databook contains high-level insights into Global aerospace and defense materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global aerospace and defense materials market statistics, by region, 2018-2030 (US$M)

Top 10 countries: Aerospace and defense materials market size, 2023 (USD Million)

Top 10 countries: Aerospace and defense materials market size, 2023 (USD Million)

Global aerospace and defense materials market, by region, 2023 (US$M)

Global aerospace and defense materials market statistics, by region, 2018-2030 (US$M)

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