Superalloys in the global aerospace market is forecast to grow at a CAGR of 2.6% from 2015 to 2020. The major growth drivers of this market are increasing deliveries of aircraft and excellent mechanical properties of superalloys, such as high temperature, creep resistance, corrosion resistance, and thermal stability.
In this market, nickel base, nickel iron base, and cobalt base superalloys are used. Majority of superalloys usage are in the aircraft engines. Lucintel predicts that the demand for nickel base superalloy is likely to experience the highest growth in the forecast period due to its excellent performance at high temperatures. On the basis of its comprehensive research, Lucintel forecasts that the regional aircraft segment is likely to experience the highest growth in the forecast period supported by increasing regional aircraft deliveries.
A total of 47 figures / charts and 30 tables are provided in this 121-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of superalloys in the global aerospace market report, download the report brochure.
The study includes a forecast for the superalloys in the global aerospace industry through 2020, segmented by aircraft type, base material type, and region as follows:
Super alloys aerospace market, by aircraft type (Value in $ Million and Volume in Million lbs. from 2009 to 2020):
Commercial Aircraft Regional Aircraft General aviation Helicopter Military Aircraft
Super alloys aerospace market, by base material type (Value in $ Million from 2009 to 2020):
Nickel base superalloy Nickel iron base superalloy Cobalt base superalloy
Super alloys aerospace market, by region (Value in $ Million and Volume in Million lbs. from 2009 to 2020):
North America Europe Asia Pacific Rest of the World
Super alloys aerospace companies profiled in this market report include Precision Castparts Corp. (Special metals), Alcoa, Allegheny Technologies Incorporated, Haynes International, Carpenter Technology, and Aperam. Some companies are opting for backward integration as a strategic initiative for driving growth.
Within the superalloys market, commercial aircraft is expected to remain the largest segment by aircraft type during the forecast period due to increasing demand of wide body commercial aircraft.
North America is expected to remain the largest region during forecast period due to the growth in the aircraft deliveries and the presence of major aircraft engine part manufacturers in this region. APAC is expected to grow with highest CAGR during the forecast period due to the growth in aircraft deliveries and increasing manufacturing activities in this region.
Some of the features of “Growth Opportunities for Superalloys in the Global Aerospace Industry 2015-2020: Trends, Forecast, and Opportunity Analysis” include:
Market size estimates: Superalloys in the global aerospace industry size estimation in terms of volume (M lbs.) and value ($M) shipment.Trend and forecast analysis: Superalloys in global the aerospace industry trend (2009-2014) and forecast (2015-2020) by region, aircraft type and by base material type.Segmentation analysis: Superalloys in the global aerospace industry size by various aircraft types such as commercial aircraft, regional jet, general aviation, helicopter and military aircraft both in terms of volume and value shipment.Regional analysis: Superalloys in the global aerospace industry breakdown by key region such as North America, Europe, Asia Pacific, and Rest of World.Growth opportunities: Analysis on growth opportunities in different aircraft type and regions. Strategic analysis: This includes M&A, new product development, competitive landscape, and expansion strategies of superalloys products suppliers in the global aerospace industry. Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 11 key questions:
Q.1. What are some of the potential, high-growth opportunities for superalloys in the aerospace industry, by aircraft type, application and region?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers and challenges of Super alloys aerospace market?
Q.5. What are the business risks and threats to this market?
Q.6. What are the emerging trends in this market and reasons behind them?
Q.7. What are some changing demands of customers in Super alloys aerospace market?
Q.8. What are some of the new developments in the market and which Super alloys aerospace companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10. How is the competitive rivalry and threat of substitution in this market?
Q.11. What are M&A activities have occurred in the last 5 years in this market? What are the reasons to these activities and how have they impacted the industry?