Lucintel Forecasts Titanium In The Global Aerospace Market To Reach $3.7 Billion By 2026

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According to the recent study the titanium in the global aerospace market is projected to reach an estimated $3.7 billion by 2026 at a CAGR of 10.0% from 2020 to 2026. Growth in this market is primarily driven by increasing deliveries of aircraft and the demand for lightweight titanium materials. There is continuous increasing trend of titanium usage per aircraft such as 4% in B747, 7% content in B777 and 15% in 787.
Browse 73 figures / charts and 74 tables in this 158-page report to understand trends, opportunities and forecast in titanium in the global aerospace market by aircraft type (commercial aircraft, regional aircraft, general aviation, helicopters, and military aircraft), by alloy type (alpha, alpha+beta, and beta), by application type (structure, engine, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Download sample report and view detailed Table of Content by clicking on below link – https://www.lucintel.com/aerospace-titanium-market.aspx

“Structure market is expected to remain the largest segment during the forecast period.”
Based on application ...
... type, the titanium in the global aerospace market is segmented into structure, engine, and others. Lucintel forecasts that the structure market is expected to remain the largest segment and it is expected to witness the highest growth over the forecast period due to increased focus on weight reduction and fuel efficiency by aircraft manufacturers.
“North America will dominate the titanium in the global aerospace market in near future”
North America is expected to be the largest region and witness the highest growth over the forecast period due to growth in aircraft deliveries and increasing demand for lightweight materials. The USA is highest contributor of titanium consumption in aerospace industry.
Download Brochure of this report by clicking on https://www.lucintel.com/aerospace-titanium-market.aspx
Major players of titanium in the global aerospaces market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Precision Castparts Corp., VSMPO-AVISMA Corporation, Allegheny Technologies Incorporated, Baoji Titanium Industry Co. Ltd., RTI International Metals, Inc., and Kobelco Group are among the major titanium in the global aerospace providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/aerospace-titanium-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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