Brazil Aerospace And Defense Materials Market Size & Outlook
Brazil aerospace and defense materials market, 2018-2030 (US$M)
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Brazil aerospace and defense materials market highlights
- The Brazil aerospace and defense materials market generated a revenue of USD 65.9 million in 2023 and is expected to reach USD 85.1 million by 2030.
- The Brazil market is expected to grow at a CAGR of 3.7% from 2024 to 2030.
- In terms of segment, composites was the largest revenue generating material in 2023.
- Composites is the most lucrative material segment registering the fastest growth during the forecast period.
Aerospace and defense materials market data book summary
| Market revenue in 2023 | USD 65.9 million |
| Market revenue in 2030 | USD 85.1 million |
| Growth rate | 3.7% (CAGR from 2023 to 2030) |
| Largest segment | Composites |
| Fastest growing segment | Composites |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Aluminum, Titanium, Composites, Superalloys, Steel, Plastics |
| Key market players worldwide | Huntsman Corp, Toray Industries Inc, Arconic, Kobe Steel Ltd, Allegheny & Western Railway, Cytec Industries, Hexcel Corp, Novelis, Constellium SE Class A, SGL Group, Thyssenkrupp AG, Formosa Plastics Group, Teijin Ltd, Strata Investment Holdings plc, VSMPO-AVISMA |
Other key industry trends
- In terms of revenue, Brazil accounted for 0.3% of the global aerospace and defense materials market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil aerospace and defense materials market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 85.1 million by 2030.
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Aerospace And Defense Materials Market Scope
Aerospace And Defense Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 44.01% in 2023. Horizon Databook has segmented the Brazil 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.
Brazil is home to Embraer, one of the largest aircraft manufacturers in the world. The company is engaged in the manufacturing of commercial, business, as well as military aircraft, which is likely to boost the demand for aerospace materials in the region.
In addition, Brazil is a leading producer of airplanes across the globe, with a capability of huge investment, resulting in an increase in demand for aerospace & defense materials over the forecast period.
In addition, Aleris International, a company producing aluminum rolled products, has signed a multi-year contract with Embraer for technically advanced alloys to be used in aircraft parts, which is expected to drive the market for aerospace materials over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil aerospace and defense materials market , including forecasts for subscribers. This country databook contains high-level insights into Brazil aerospace and defense materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil aerospace and defense materials market size, by material, 2018-2030 (US$M)
Brazil Aerospace And Defense Materials Market Outlook Share, 2023 & 2030 (US$M)
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