Asia Pacific Aerostructure Materials Market Size & Outlook

The aerostructure materials market in Asia Pacific is expected to reach a projected revenue of US$ 27,969.9 million by 2030. A compound annual growth rate of 7.4% is expected of Asia Pacific aerostructure materials market from 2024 to 2030.
Revenue, 2023 (US$M)
$16,968.4
Forecast, 2030 (US$M)
$27,969.9
CAGR, 2024 - 2030
7.4%
Report Coverage
Asia Pacific

Asia Pacific aerostructure materials market, 2018-2030 (US$M)

Asia
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Asia Pacific aerostructure materials market highlights

  • The Asia Pacific aerostructure materials market generated a revenue of USD 16,968.4 million in 2023.
  • The market is expected to grow at a CAGR of 7.4% 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.


Asia Pacific data book summary

Market revenue in 2023USD 16,968.4 million
Market revenue in 2030USD 27,969.9 million
Growth rate7.4% (CAGR from 2023 to 2030)
Largest segmentComposites
Fastest growing segmentComposites
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationComposites


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 20.5% of the global aerostructure materials market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 27,969.9 million by 2030.

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Aerostructure Materials Market Scope

Aerostructure materials market segmentation & scope
Alloys & Super Alloys
Metals
End Use
Commercial
Military
Unmanned Aerial Vehicles
Business & General Aviation
Advanced Air Mobility

Aerostructure Materials Market Companies

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Asia Pacific aerostructure materials market

Asia Pacific Aerostructure Materials Market Outlook Share, 2023 & 2030 (US$M)

Asia Pacific aerostructure materials market

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