Asia Pacific High Strength Aluminum Alloys Market Size & Outlook
Asia Pacific high strength aluminum alloys market, 2016-2027 (US$M)
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Asia Pacific high strength aluminum alloys market highlights
- The Asia Pacific high strength aluminum alloys market generated a revenue of USD 13,596.0 million in 2019.
- The market is expected to grow at a CAGR of 3.4% from 2020 to 2027.
- In terms of segment, aerospace was the largest revenue generating application in 2019.
- Defense & Space is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2020 to 2027.
Asia Pacific data book summary
| Market revenue in 2019 | USD 13,596.0 million |
| Market revenue in 2027 | USD 17,811.5 million |
| Growth rate | 3.4% (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 |
| Key market players worldwide | Hexcel Corp |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 43.6% of the global high strength aluminum alloys market in 2019.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2027.
- North America is the fastest growing regional market and is projected to reach USD 8,207.8 million by 2027.
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High Strength Aluminum Alloys Market Scope
High Strength Aluminum Alloys Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific 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 30.06% in 2019. Horizon Databook has segmented the Asia Pacific 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.
- Asia Pacific 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 continent-level data and insights on the Asia Pacific high strength aluminum alloys market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific high strength aluminum alloys market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Asia Pacific high strength aluminum alloys market size, by country, 2016-2027 (US$M)
Asia Pacific High Strength Aluminum Alloys Market Outlook Share, 2019 & 2027 (US$M)
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