Aerospace Plates Market Size, Share and Forecast 2030F

Report Description

Forecast Period	2026-2030
Market Size (2024)	USD 5.29 Billion
CAGR (2025-2030)	7.91%
Fastest Growing Segment	Military
Largest Market	North America
Market Size (2030)	USD 8.35 Billion

Market Overview

Global Aerospace Plates Market was valued at USD 5.29 Billion in 2024 and is expected to reach USD 8.35 Billion by 2030 with a CAGR of 7.91% during the forecast period. The global aerospace plates market showcases a dynamic environment driven by diverse materials, applications, and end-users. These plates are vital for aircraft construction, offering structural integrity, lightweight properties, and durability essential for performance and safety. Utilized across commercial, military, and general aviation sectors, aerospace plates find applications in fuselages, wings, engine components, and reinforcements.

Market growth is fueled by evolving aircraft designs, stringent regulations, and increasing demand for fuel-efficient, eco-friendly aircraft. Advanced materials like aluminum, titanium, and composites are in high demand, with manufacturers innovating lightweight, robust, and cost-effective solutions. The trend of fleet modernization, particularly in emerging economies, amplifies demand as airlines prioritize operational efficiency and passenger comfort.

Technological advancements, including additive manufacturing and automation, enhance production efficiency, enabling lightweight, high-performance plates. These developments, alongside digitalization in aerospace manufacturing, streamline processes and boost quality. For instance, In August 2024, PTC Industries advanced titanium alloy manufacturing for aerospace and defense. Its subsidiary, Aerolloy Technologies Limited, acquired a hot rolling mill from the USA, addressing a global scarcity in this capability. The mill complements ATL’s upcoming Strategic Materials Technology Complex in Lucknow, part of the Uttar Pradesh Defence Industrial Corridor. This facility will produce titanium alloy ingots, billets, plates, and sheets. The initiative strengthens India's titanium production for critical sectors.

Key Market Drivers

Increasing Aircraft Production and Demand

A primary driver of the Global Aerospace Plates Market is the sustained growth in global aircraft production and the rising demand for air travel. The aerospace industry's continual expansion, driven by factors such as increasing passenger traffic and fleet modernization, directly fuels the demand for aerospace plates. As original equipment manufacturers (OEMs) strive to meet these demands, the market experiences a surge in the requirement for high-quality plates used in airframe construction.

Emphasis on Lightweight Materials for Fuel Efficiency

The aerospace sector's unwavering focus on fuel efficiency and operational cost reduction propels the demand for lightweight materials, making it a significant driver for the Aerospace Plates Market. Aluminum alloys and advanced composite materials are favored choices for manufacturing aerospace plates due to their ability to provide strength while minimizing overall weight. This driver aligns with industry-wide efforts to enhance aircraft performance and reduce environmental impact through fuel efficiency improvements. For example in June 2024 ,India and France concluded discussions on the procurement of 26 Rafale Marine fighter jets for the Indian Navy. The project, valued at over USD 0.50 Billion, aims to bolster India’s advanced aircraft inventory to 62, including the 36 jets already operational with the Air Force. The jets are planned for deployment on aircraft carriers INS Vikrant and INS Vikramaditya, with their home base set at INS Degha in Visakhapatnam, Andhra Pradesh. France had responded to India’s tender for these jets in December last year, accelerating the deal's finalization.

Technological Advancements in Material Science

Advancements in material science, including the development of innovative alloys and composite materials, are key drivers influencing the Aerospace Plates Market. Ongoing research and development activities result in materials with enhanced strength, durability, and resistance to environmental factors. The adoption of new materials contributes to the evolution of aerospace plates, meeting the industry's demand for advanced solutions that can withstand the rigorous conditions of flight.

Aerospace Plates Market

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Key Market Challenges

Price Volatility of Raw Materials

A significant challenge facing the Global Aerospace Plates Market is the volatility in the prices of raw materials, particularly metals such as aluminum and titanium. Fluctuations in commodity prices can significantly impact production costs for aerospace plates, posing challenges for manufacturers and contributing to uncertainties in pricing and profitability. This challenge necessitates strategic supply chain management and long-term contracts to mitigate the effects of price fluctuations.

Stringent Regulatory Compliance

While regulatory standards drive the market in terms of quality and safety, they also present challenges. Meeting the stringent requirements set by aviation authorities, such as the FAA and EASA, requires rigorous testing, documentation, and adherence to specific manufacturing processes. The complexity of certification processes can lead to delays in product development and market entry, posing a challenge for manufacturers aiming to navigate the intricate landscape of regulatory compliance.

Technological Obsolescence

The rapid pace of technological advancements in aerospace materials poses a challenge for the Aerospace Plates Market. As new materials and manufacturing technologies emerge, there is a risk of existing products becoming obsolete. Manufacturers face the challenge of staying abreast of technological trends and continuously innovating to meet evolving industry standards and customer expectations, preventing the obsolescence of their aerospace plates.

Key Market Trends

Advanced Composite Materials Adoption

A notable trend in the Global Aerospace Plates Market is the increasing adoption of advanced composite materials. Manufacturers are leveraging materials like carbon fiber-reinforced polymers and other composites to create aerospace plates with superior strength-to-weight ratios. These advanced materials contribute to weight reduction in aircraft structures, enhancing fuel efficiency and overall performance. The trend aligns with the industry's pursuit of lightweight solutions for improved sustainability and operational efficiency. For instance in September 2024, Curtiss-Wright Corporation was awarded a $26-million contract to modernize the Belgian Air Force's aircraft arresting systems. The agreement included new cable systems, spare parts, repairs, and overhaul services to support future F-35 Lightning II operations. The contract covered main and parallel runways at Florennes, Kleine-Brogel, and Bevauchain bases, ensuring uniform configurations. Curtiss-Wright also supplied its ESCO SmartArrest system, a digital upgrade of the BAK-12 energy absorber, to enhance operational efficiency. Production and sustainment tasks were carried out in Aston, Pennsylvania, and Merpins, France. Belgium anticipated full operational capability of its 34 F-35 Lightning II jets by the 2030s.

Additive Manufacturing and 3D Printing

The Aerospace Plates Market is witnessing a transformative trend with the integration of additive manufacturing and 3D printing technologies. These innovative techniques allow for the production of intricate and highly customized aerospace plates. The flexibility provided by additive manufacturing enables the design of complex structures, leading to improved efficiency in material usage and the creation of plates tailored to specific aerospace applications. This trend represents a shift toward more agile and cost-effective manufacturing processes.

Focus on Sustainable Materials

Sustainability is a key driving force shaping trends in the Aerospace Plates Market. Manufacturers are increasingly prioritizing the use of sustainable materials and environmentally friendly manufacturing processes. This trend aligns with broader industry goals to reduce the environmental impact of aviation. Bio-based composites, recyclable materials, and eco-friendly coatings are gaining prominence as the industry seeks to balance performance requirements with environmental responsibility.

Segmental Insights

Material Insights

Titanium dominated the aerospace plates market due to its exceptional properties that align with the stringent requirements of the aerospace industry. Known for its high strength-to-weight ratio, titanium provides the durability needed for critical aircraft components while minimizing overall weight, which is essential for enhancing fuel efficiency and performance. Its remarkable corrosion resistance makes it ideal for harsh aerospace environments, including exposure to high-altitude atmospheric conditions and saltwater in marine-based aircraft.

One of the key drivers of titanium’s dominance is its versatility in various aerospace applications. It is widely used in airframe structures, engine components, and landing gear, where strength, lightweight characteristics, and heat resistance are crucial. Titanium’s ability to withstand extreme temperatures also makes it indispensable in high-performance jet engines and supersonic aircraft, where materials must endure significant thermal and mechanical stress.

The increasing demand for advanced and fuel-efficient aircraft further strengthens titanium’s position. Airlines and manufacturers prioritize materials that contribute to reduced emissions and operational costs, both of which are achieved through the use of lightweight and durable titanium plates. Additionally, advancements in manufacturing techniques, such as 3D printing and precision machining, have made titanium more accessible and cost-effective, further boosting its adoption. Moreover, the growing trend of fleet modernization and the rise in defense spending globally are driving titanium demand in both commercial and military aviation. Its unique combination of strength, weight, and resilience ensures its continued dominance in the aerospace plates market.

Aerospace Plates Market

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Regional Insights

North America dominated the aerospace plates market due to its well-established aerospace industry, robust infrastructure, and continuous advancements in aerospace technology. The region is home to leading aircraft manufacturers and suppliers, creating a strong demand for aerospace plates used in commercial, military, and general aviation sectors. The presence of significant players fosters innovation, enabling the production of high-performance plates that meet stringent safety and operational requirements.

A major factor contributing to North America’s leadership is its substantial investment in defense and military aviation. The United States, in particular, has one of the largest defense budgets globally, driving demand for aerospace plates used in fighter jets, unmanned aerial vehicles (UAVs), and other advanced military aircraft. These applications require materials like titanium and composites that offer superior strength, lightweight properties, and resistance to extreme conditions. The thriving commercial aviation sector in North America boosts market growth. With high air traffic, airlines in the region frequently upgrade and expand their fleets, creating consistent demand for aerospace plates. The focus on next-generation aircraft to improve fuel efficiency and reduce emissions further accelerates the adoption of advanced materials.

The region’s strong research and development ecosystem, supported by government initiatives, also plays a crucial role. Innovations in materials science and manufacturing technologies, such as additive manufacturing, enhance the production of aerospace plates, ensuring North America maintains its competitive edge. Combined with a highly skilled workforce and established supply chains, these factors solidify North America’s dominance in the aerospace plates market.

Recent Developments

In October 2023, IperionX Ltd. entered an agreement with GKN Aerospace to deliver titanium plate test components made with IperionX’s advanced technologies. GKN Aerospace, known for producing intricate titanium parts for civil, space, and military sectors including the Airbus A320/A330 and Boeing B777/B787, will utilize these components. This collaboration is based on the successful testing of IperionX's recycled titanium powder from GKN's titanium scrap. The partnership aims to produce high-performance titanium plates and may expand to projects involving the U.S. Department of Defense.
In 2024, Defense PSU MIDHANI entered the global supply chain for aero-engine critical materials, marking a major milestone. This achievement strengthens its reputation as a trusted aerospace supplier and enhances India's position in the global market. MIDHANI's involvement promises new opportunities for growth and collaboration in the aerospace sector.
In 2023, Arceon secured USD 350,000 in funding to develop heat-resistant aerospace materials. This investment supports the company's efforts to enhance performance and reliability in extreme conditions. Arceon aims to address aerospace industry demands, ensuring safety and efficiency. The funding highlights investor confidence in the company's potential to innovate and advance aerospace materials technology.
In 2025, Aviation Materials invested USD 60 million in Hexing Aviation Materials, increasing its shareholding to 34.1655%. Hexing specializes in high-strength aluminum alloys for aerospace, nuclear, and advanced industries. The investment raised Hexing's registered capital by USD 4.982 million. This capital boost supports Hexing's product expansion and research.

Key Market Players

ATI Inc.
Arconic Corporation
Carpenter Technology Corporation
Kaiser Aluminum Corporation
Hadco Metal Trading Co., LLC
PJSC VSMPO-AVISMA Corporation
TW Metals, LLC
Novelis Inc. (Hindalco Industries Limited)
Constellium SE
Materion Corporation

By Material

By Aircraft Type

By End User

By Region

Titanium
Aluminum
Steel
Others

Fixed Wing
Rotary

Commercial
Military

North America
Europe & CIS
Asia-Pacific
Middle East & Africa
South America

Report Scope:

In this report, the Global Aerospace Plates Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

· Aerospace Plates Market, By Material:

o Titanium

o Aluminum

o Steel

o Others

· Aerospace Plates Market, By Aircraft Type:

o Fixed Wing

o Rotary

· Aerospace Plates Market, By End User:

o Commercial

o Military

· Aerospace Plates Market, By Region:

o North America

§ United States

§ Canada

§ Mexico

o Europe & CIS

§ France

§ Germany

§ Spain

§ Italy

§ United Kingdom

o Asia-Pacific

§ China

§ Japan

§ India

§ Vietnam

§ South Korea

§ Thailand

§ Australia

o Middle East & Africa

§ South Africa

§ Saudi Arabia

§ UAE

§ Turkey

o South America

§ Brazil

§ Argentina

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Aerospace Plates Market.

Available Customizations:

Global Aerospace Plates Market report with the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Aerospace Plates Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com

Table of content

1. Introduction

1.1. Market Overview

1.2. Key Highlights of the Report

1.3. Market Coverage

1.4. Market Segments Covered

1.5. Research Tenure Considered

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Market Overview

3.2. Market Forecast

3.3. Key Regions

3.4. Key Segments

4. Global Aerospace Plates Market Outlook

4.1. Market Size & Forecast

4.1.1. By Value

4.2. Market Share & Forecast

4.2.1. By Material Market Share Analysis (Titanium, Aluminum, Steel, Others)

4.2.2. By Aircraft Type Market Share Analysis (Fixed Wing, Rotary)

4.2.3. By End User Market Share Analysis (Commercial, Military)

4.2.4. By Regional Market Share Analysis

4.2.4.1. North America Market Share Analysis

4.2.4.2. Europe & CIS Market Share Analysis

4.2.4.3. Asia-Pacific Market Share Analysis

4.2.4.4. Middle East & Africa Market Share Analysis

4.2.4.5. South America Market Share Analysis

4.2.5. By Top 5 Companies Market Share Analysis, Others (2024)

4.3. Global Aerospace Plates Market Mapping & Opportunity Assessment

4.3.1. By Material Market Mapping & Opportunity Assessment

4.3.2. By Aircraft Type Market Mapping & Opportunity Assessment

4.3.3. By End User Market Mapping & Opportunity Assessment

4.3.4. By Regional Market Mapping & Opportunity Assessment

5. North America Aerospace Plates Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Material Market Share Analysis

5.2.2. By Aircraft Type Market Share Analysis

5.2.3. By End User Market Share Analysis

5.2.4. By Country Market Share Analysis

5.2.4.1. United States Aerospace Plates Market Outlook

5.2.4.1.1. Market Size & Forecast

5.2.4.1.1.1. By Value

5.2.4.1.2. Market Share & Forecast

5.2.4.1.2.1. By Material Market Share Analysis

5.2.4.1.2.2. By Aircraft Type Market Share Analysis

5.2.4.1.2.3. By End User Market Share Analysis

5.2.4.2. Canada Aerospace Plates Market Outlook

5.2.4.2.1. Market Size & Forecast

5.2.4.2.1.1. By Value

5.2.4.2.2. Market Share & Forecast

5.2.4.2.2.1. By Material Market Share Analysis

5.2.4.2.2.2. By Aircraft Type Market Share Analysis

5.2.4.2.2.3. By End User Market Share Analysis

5.2.4.3. Mexico Aerospace Plates Market Outlook

5.2.4.3.1. Market Size & Forecast

5.2.4.3.1.1. By Value

5.2.4.3.2. Market Share & Forecast

5.2.4.3.2.1. By Material Market Share Analysis

5.2.4.3.2.2. By Aircraft Type Market Share Analysis

5.2.4.3.2.3. By End User Market Share Analysis

6. Europe & CIS Aerospace Plates Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Material Market Share Analysis

6.2.2. By Aircraft Type Market Share Analysis

6.2.3. By End User Market Share Analysis

6.2.4. By Country Market Share Analysis

6.2.4.1. France Aerospace Plates Market Outlook

6.2.4.1.1. Market Size & Forecast

6.2.4.1.1.1. By Value

6.2.4.1.2. Market Share & Forecast

6.2.4.1.2.1. By Material Market Share Analysis

6.2.4.1.2.2. By Aircraft Type Market Share Analysis

6.2.4.1.2.3. By End User Market Share Analysis

6.2.4.2. Germany Aerospace Plates Market Outlook

6.2.4.2.1. Market Size & Forecast

6.2.4.2.1.1. By Value

6.2.4.2.2. Market Share & Forecast

6.2.4.2.2.1. By Material Market Share Analysis

6.2.4.2.2.2. By Aircraft Type Market Share Analysis

6.2.4.2.2.3. By End User Market Share Analysis

6.2.4.3. Spain Aerospace Plates Market Outlook

6.2.4.3.1. Market Size & Forecast

6.2.4.3.1.1. By Value

6.2.4.3.2. Market Share & Forecast

6.2.4.3.2.1. By Material Market Share Analysis

6.2.4.3.2.2. By Aircraft Type Market Share Analysis

6.2.4.3.2.3. By End User Market Share Analysis

6.2.4.4. Italy Aerospace Plates Market Outlook

6.2.4.4.1. Market Size & Forecast

6.2.4.4.1.1. By Value

6.2.4.4.2. Market Share & Forecast

6.2.4.4.2.1. By Material Market Share Analysis

6.2.4.4.2.2. By Aircraft Type Market Share Analysis

6.2.4.4.2.3. By End User Market Share Analysis

6.2.4.5. United Kingdom Aerospace Plates Market Outlook

6.2.4.5.1. Market Size & Forecast

6.2.4.5.1.1. By Value

6.2.4.5.2. Market Share & Forecast

6.2.4.5.2.1. By Material Market Share Analysis

6.2.4.5.2.2. By Aircraft Type Market Share Analysis

6.2.4.5.2.3. By End User Market Share Analysis

7. Asia-Pacific Aerospace Plates Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Material Market Share Analysis

7.2.2. By Aircraft Type Market Share Analysis

7.2.3. By End User Market Share Analysis

7.2.4. By Country Market Share Analysis

7.2.4.1. China Aerospace Plates Market Outlook

7.2.4.1.1. Market Size & Forecast

7.2.4.1.1.1. By Value

7.2.4.1.2. Market Share & Forecast

7.2.4.1.2.1. By Material Market Share Analysis

7.2.4.1.2.2. By Aircraft Type Market Share Analysis

7.2.4.1.2.3. By End User Market Share Analysis

7.2.4.2. Japan Aerospace Plates Market Outlook

7.2.4.2.1. Market Size & Forecast

7.2.4.2.1.1. By Value

7.2.4.2.2. Market Share & Forecast

7.2.4.2.2.1. By Material Market Share Analysis

7.2.4.2.2.2. By Aircraft Type Market Share Analysis

7.2.4.2.2.3. By End User Market Share Analysis

7.2.4.3. India Aerospace Plates Market Outlook

7.2.4.3.1. Market Size & Forecast

7.2.4.3.1.1. By Value

7.2.4.3.2. Market Share & Forecast

7.2.4.3.2.1. By Material Market Share Analysis

7.2.4.3.2.2. By Aircraft Type Market Share Analysis

7.2.4.3.2.3. By End User Market Share Analysis

7.2.4.4. Vietnam Aerospace Plates Market Outlook

7.2.4.4.1. Market Size & Forecast

7.2.4.4.1.1. By Value

7.2.4.4.2. Market Share & Forecast

7.2.4.4.2.1. By Material Market Share Analysis

7.2.4.4.2.2. By Aircraft Type Market Share Analysis

7.2.4.4.2.3. By End User Market Share Analysis

7.2.4.5. South Korea Aerospace Plates Market Outlook

7.2.4.5.1. Market Size & Forecast

7.2.4.5.1.1. By Value

7.2.4.5.2. Market Share & Forecast

7.2.4.5.2.1. By Material Market Share Analysis

7.2.4.5.2.2. By Aircraft Type Market Share Analysis

7.2.4.5.2.3. By End User Market Share Analysis

7.2.4.6. Australia Aerospace Plates Market Outlook

7.2.4.6.1. Market Size & Forecast

7.2.4.6.1.1. By Value

7.2.4.6.2. Market Share & Forecast

7.2.4.6.2.1. By Material Market Share Analysis

7.2.4.6.2.2. By Aircraft Type Market Share Analysis

7.2.4.6.2.3. By End User Market Share Analysis

7.2.4.7. Thailand Aerospace Plates Market Outlook

7.2.4.7.1. Market Size & Forecast

7.2.4.7.1.1. By Value

7.2.4.7.2. Market Share & Forecast

7.2.4.7.2.1. By Material Market Share Analysis

7.2.4.7.2.2. By Aircraft Type Market Share Analysis

7.2.4.7.2.3. By End User Market Share Analysis

8. Middle East & Africa Aerospace Plates Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Material Market Share Analysis

8.2.2. By Aircraft Type Market Share Analysis

8.2.3. By End User Market Share Analysis

8.2.4. By Country Market Share Analysis

8.2.4.1. South Africa Aerospace Plates Market Outlook

8.2.4.1.1. Market Size & Forecast

8.2.4.1.1.1. By Value

8.2.4.1.2. Market Share & Forecast

8.2.4.1.2.1. By Material Market Share Analysis

8.2.4.1.2.2. By Aircraft Type Market Share Analysis

8.2.4.1.2.3. By End User Market Share Analysis

8.2.4.2. Saudi Arabia Aerospace Plates Market Outlook

8.2.4.2.1. Market Size & Forecast

8.2.4.2.1.1. By Value

8.2.4.2.2. Market Share & Forecast

8.2.4.2.2.1. By Material Market Share Analysis

8.2.4.2.2.2. By Aircraft Type Market Share Analysis

8.2.4.2.2.3. By End User Market Share Analysis

8.2.4.3. UAE Aerospace Plates Market Outlook

8.2.4.3.1. Market Size & Forecast

8.2.4.3.1.1. By Value

8.2.4.3.2. Market Share & Forecast

8.2.4.3.2.1. By Material Market Share Analysis

8.2.4.3.2.2. By Aircraft Type Market Share Analysis

8.2.4.3.2.3. By End User Market Share Analysis

8.2.4.4. Turkey Aerospace Plates Market Outlook

8.2.4.4.1. Market Size & Forecast

8.2.4.4.1.1. By Value

8.2.4.4.2. Market Share & Forecast

8.2.4.4.2.1. By Material Market Share Analysis

8.2.4.4.2.2. By Aircraft Type Market Share Analysis

8.2.4.4.2.3. By End User Market Share Analysis

9. South America Aerospace Plates Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Material Market Share Analysis

9.2.2. By Aircraft Type Market Share Analysis

9.2.3. By End User Market Share Analysis

9.2.4. By Country Market Share Analysis

9.2.4.1. Brazil Aerospace Plates Market Outlook

9.2.4.1.1. Market Size & Forecast

9.2.4.1.1.1. By Value

9.2.4.1.2. Market Share & Forecast

9.2.4.1.2.1. By Material Market Share Analysis

9.2.4.1.2.2. By Aircraft Type Market Share Analysis

9.2.4.1.2.3. By End User Market Share Analysis

9.2.4.2. Argentina Aerospace Plates Market Outlook

9.2.4.2.1. Market Size & Forecast

9.2.4.2.1.1. By Value

9.2.4.2.2. Market Share & Forecast

9.2.4.2.2.1. By Material Market Share Analysis

9.2.4.2.2.2. By Aircraft Type Market Share Analysis

9.2.4.2.2.3. By End User Market Share Analysis

10. Market Dynamics

10.1. Drivers

10.2. Challenges

11. Impact of COVID-19 on Global Aerospace Plates Market

12. Market Trends & Developments

13. Competitive Landscape

13.1. Company Profiles

13.1.1. ATI Inc.

13.1.1.1. Company Details

13.1.1.2. key products offered

13.1.1.3. Financials (As Per Availability)

13.1.1.4. Key Market Focus & Geographical Presence

13.1.1.5. Recent Developments

13.1.1.6. Key Management Personnel

13.1.2. Arconic Corporation

13.1.2.1. Company Details

13.1.2.2. key products offered

13.1.2.3. Financials (As Per Availability)

13.1.2.4. Key Market Focus & Geographical Presence

13.1.2.5. Recent Developments

13.1.2.6. Key Management Personnel

13.1.3. Carpenter Technology Corporation

13.1.3.1. Company Details

13.1.3.2. key products offered

13.1.3.3. Financials (As Per Availability)

13.1.3.4. Key Market Focus & Geographical Presence

13.1.3.5. Recent Developments

13.1.3.6. Key Management Personnel

13.1.4. Kaiser Aluminum Corporation

13.1.4.1. Company Details

13.1.4.2. key products offered

13.1.4.3. Financials (As Per Availability)

13.1.4.4. Key Market Focus & Geographical Presence

13.1.4.5. Recent Developments

13.1.4.6. Key Management Personnel

13.1.5. Hadco Metal Trading Co., LLC

13.1.5.1. Company Details

13.1.5.2. key products offered

13.1.5.3. Financials (As Per Availability)

13.1.5.4. Key Market Focus & Geographical Presence

13.1.5.5. Recent Developments

13.1.5.6. Key Management Personnel

13.1.6. PJSC VSMPO-AVISMA Corporation

13.1.6.1. Company Details

13.1.6.2. key products offered

13.1.6.3. Financials (As Per Availability)

13.1.6.4. Key Market Focus & Geographical Presence

13.1.6.5. Recent Developments

13.1.6.6. Key Management Personnel

13.1.7. TW Metals, LLC

13.1.7.1. Company Details

13.1.7.2. key products offered

13.1.7.3. Financials (As Per Availability)

13.1.7.4. Key Market Focus & Geographical Presence

13.1.7.5. Recent Developments

13.1.7.6. Key Management Personnel

13.1.8. Novelis Inc. (Hindalco Industries Limited)

13.1.8.1. Company Details

13.1.8.2. key products offered

13.1.8.3. Financials (As Per Availability)

13.1.8.4. Key Market Focus & Geographical Presence

13.1.8.5. Recent Developments

13.1.8.6. Key Management Personnel

13.1.9. Constellium SE

13.1.9.1. Company Details

13.1.9.2. key products offered

13.1.9.3. Financials (As Per Availability)

13.1.9.4. Key Market Focus & Geographical Presence

13.1.9.5. Recent Developments

13.1.9.6. Key Management Personnel

13.1.10. Materion Corporation

13.1.10.1. Company Details

13.1.10.2. key products offered

13.1.10.3. Financials (As Per Availability)

13.1.10.4. Key Market Focus & Geographical Presence

13.1.10.5. Recent Developments

13.1.10.6. Key Management Personnel

14. Strategic Recommendations/Action Plan

14.1. Key Focus Areas

14.1.1. Target By Material

14.1.2. Target By Aircraft Type

14.1.3. Target By End User

15. About Us & Disclaimer

Figures and Tables

Frequently asked questions

What was the market size of the Global Aerospace Plates Market in 2024?

The Global Aerospace Plates Market size reached USD 5.29 Billion in 2024.

Which was the fastest growing segment By End User in the Global Aerospace Plates Market in 2024?

The military segment in the aerospace plates market was growing rapidly due to increasing defense budgets and rising demand for advanced aircraft and combat technologies.

Which was the largest market by region in the Global Aerospace Plates Market?

North America lead the aerospace plates market due to its strong demand for advanced materials, driven by significant aircraft production and modernization activities across sectors.

What are the major drivers for the Global Aerospace Plates Market?

The Global Aerospace Plates Market is fueled by the growing need for new aircraft to support expanding global air travel. Additionally, the emphasis on improving aircraft performance and reducing operational costs has heightened the demand for lightweight, high-strength materials like advanced alloys and composites in aerospace plate production.

Aerospace Plates Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Material (Titanium, Aluminum, Steel, Others), By Aircraft Type (Fixed Wing, Rotary), By End User (Commercial, Military), By Region & Competition, 2020-2030F