Global High Strength Aluminum Alloys Market Size & Outlook
Global high strength aluminum alloys market, 2016-2027 (US$M)
Related Markets
Global high strength aluminum alloys market highlights
- The global high strength aluminum alloys market generated a revenue of USD 31,153.3 million in 2019 and is expected to reach USD 39,860.9 million by 2027.
- The market is expected to grow at a CAGR (2020 - 2027) of 3.1% by 2027.
- In terms of segment, aerospace accounted for a revenue of USD 9,606.4 million in 2019.
- Defense & Space is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2019.
- Country-wise, Germany is expected to register the highest CAGR from 2020 to 2027.
Global data book summary
| Market revenue in 2019 | USD 31,153.3 million |
| Market revenue in 2027 | USD 39,860.9 million |
| Growth rate | 3.1% (CAGR from 2019 to 2027) |
| Largest segment | Aerospace |
| Fastest growing segment | Defense & Space |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Aerospace, Automotive, Railway & Marine, Defense & Space |
Other key industry trends
- In terms of revenue, the North America accounted for 20.1% of the global high strength aluminum alloys market in 2019.
- By country, the China is projected to lead the global market in terms of revenue in 2027.
- By country, Germany is the fastest growing regional market and is projected to reach USD 1,392.1 million by 2027.
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High Strength Aluminum Alloys Market Scope
High Strength Aluminum Alloys Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global high strength aluminum alloys 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 high strength aluminum alloys market will help companies and investors design strategic landscapes.
Aerospace was the largest segment with a revenue share of 30.84% in 2019. Horizon Databook has segmented the Global high strength aluminum alloys market based on aerospace, automotive, railway & marine, defense & space covering the revenue growth of each sub-segment from 2016 to 2027.
- Global High Strength Aluminum Alloys Application Outlook (Revenue, USD Million, 2016-2027)
- Aerospace
- Automotive
- Railway & Marine
- Defense & Space
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global high strength aluminum alloys market , including forecasts for subscribers. This global databook contains high-level insights into Global high strength aluminum alloys market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Global high strength aluminum alloys market size, by regions, 2016-2027 (US$M)
Top 10 countries: High strength aluminum alloys market size, 2019 (US$M)
Global high strength aluminum alloys market share, by application, 2019 & 2027 (%, US$M)
High Strength Aluminum Alloys Market: Opportunity Assessment By Country
Global high strength aluminum alloys market, by region, 2019 (US$M)
Related regional statistics
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