Defense Aircraft Materials Market 2021: Global Analysis of Key Manufacturers, Dynamics & Forecast 2026

The Defense Aircraft Materials Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Defense Aircraft Materials market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Defense Aircraft Materials market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Defense Aircraft Materials market.

The defense aircraft materials market is anticipated to register a CAGR of over 5% during the forecast period.

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Top Leading Companies of Defense Aircraft Materials Market are - Allegheny Technologies (ATI), AMG Advanced Metallurgical Group NV, Arconic Corp., Constellium, Henkel Singapore Pte. Ltd, Novelis Deutschland GmbH (Hindalco Industries Ltd), Solvay SA, Toray Composite Materials Americ Inc. and others.

Industry News and Updates:

3/14/2018: Toray Composite Materials America Inc. acquired TenCate Advanced Composites.

Carbon fiber manufacturer Toray Industries Inc. (Tokyo, Japan) announced on March 14 that it has reached an agreement with Koninklijke Ten Cate B.V. (KTC, Almelo, The Netherlands) to purchase all shares of its subsidiary TenCate Advanced Composites Holding B.V. (Morgan Hill, CA, US and Nijverdal, The Netherlands), a specialist in thermoplastic and thermoset prepreg manufacturing. Purchase price, according to a statement issued by Toray, is €930 million ($1.15 billion).

Oct. 9, 2019: AMG To Acquire International Specialty Alloys From Kennametal - Quick Facts

AMG Advanced Metallurgical Group N.V. (AMVMF.PK), a global critical materials company, has signed an agreement to acquire the assets of International Specialty Alloys from Kennametal, Inc. International Specialty Alloys, located in New Castle, PA, is a U.S. producer of titanium master alloys and other binary alloys for the aerospace market.

Key Market Trends:

Combat Aircraft Segment to Dominate the Market During the Forecast Period

Combat aircraft are vital for protection against aerial threats, as they can engage in, both, aerial warfare and ground-support missions. Global military powerhouses, such as the United States, the United Kingdom, China, France, and Japan are vying to achieve a profound reconceptualization of modern aerial warfare techniques by fostering the indigenous development of fifth-generation and the envisioned sixth-generation combat aircraft. The F-35 Joint Strike Fighter (JSF) is one of the most advanced combat aircraft currently in service. At the start of 2020, Lockheed Martin Corporation announced that the company successfully reached its annual delivery target of 131 units of F-35 JSF aircraft in 2019.

North America to Continue its Dominance in the Market

The United States, one of the leading defense spenders, globally, is focusing on increasing its defense expenditure every year. Currently, it spends about 3.2% of its GDP on defense. In July 2018, the US government instructed the NATO leaders to increase their defense spending, to meet 2% of the country's economic output, and further increased up to 4%, higher than the group's goal of 2%. Following this, in November 2019, NATO announced that in 2019, the defense spending across European Allies and Canada increased in real terms by 4.6%, marking the fifth consecutive year of growth.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Defense Aircraft Materials Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Defense Aircraft Materials Market (%),2016 - 2026
- Defense Aircraft Materials Market Share, By Brand
- Defense Aircraft Materials Market Share, By Company
- Defense Aircraft Materials Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Defense Aircraft Materials Market Value Analysis & Forecast
- Promising Defense Aircraft Materials Development by Major Companies
- Detailed Defense Aircraft Materials Portfolio of the Major Companies
- Major Deals in the Defense Aircraft Materials Market
- Major Companies Analysis

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