PUBLISHER: The Business Research Company | PRODUCT CODE: 1927853
PUBLISHER: The Business Research Company | PRODUCT CODE: 1927853
Aerospace aluminum is a high-strength, lightweight alloy specifically developed for use in the aerospace sector. It mainly consists of aluminum combined with elements like copper, magnesium, silicon, or zinc, providing a superior strength-to-weight ratio along with resistance to corrosion and fatigue. This alloy is primarily designed to reduce the weight of aircraft while maintaining structural safety and integrity, which in turn improves fuel efficiency and overall performance.
The primary grade types of aerospace aluminum include 2024, 7075, 6061, 6082, among others. The 2024 grade, which mainly contains copper, is a high-strength alloy built to endure fatigue and carry heavy loads. It possesses strong tensile properties and performs reliably under repeated stress, making it ideal for aircraft wings, fuselage parts, and other structural applications. Manufacturing methods such as casting, extrusion, welding, and forging are commonly used, serving important industries like commercial aviation, business and general aviation, and military and defense.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs on aerospace aluminum have influenced supply chains and production costs, particularly affecting commercial aviation and defense segments in North America, Europe, and Asia-Pacific. While tariffs have increased raw material costs and caused temporary delays, they have also prompted investments in local manufacturing, material substitution strategies, and accelerated research on high-performance aluminum alloys to maintain competitiveness.
The aerospace aluminium market research report is one of a series of new reports from The Business Research Company that provides aerospace aluminium market statistics, including aerospace aluminium industry global market size, regional shares, competitors with a aerospace aluminium market share, detailed aerospace aluminium market segments, market trends and opportunities, and any further data you may need to thrive in the aerospace aluminium industry. This aerospace aluminium market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The aerospace aluminium market size has grown strongly in recent years. It will grow from $8.54 billion in 2025 to $9.22 billion in 2026 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to growth in commercial aviation sector, adoption of aluminum alloys in military aircraft, demand for fuel-efficient aircraft, advances in aerospace manufacturing processes, expansion of business and general aviation.
The aerospace aluminium market size is expected to see strong growth in the next few years. It will grow to $12.37 billion in 2030 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to increasing focus on lightweight materials for next-gen aircraft, rising defense expenditure, adoption of electric and hybrid aircraft, development of high-strength aluminum grades, increasing commercial airline fleet expansions. Major trends in the forecast period include high-strength lightweight aluminum alloys, advanced corrosion-resistant coatings, enhanced fatigue performance of aerospace aluminum, innovative extrusion and forging techniques, development of custom aluminum grades for aviation.
The growth of commercial aviation is expected to drive the expansion of the aerospace aluminum market in the future. Commercial aviation involves operating aircraft for passenger and cargo transport on both domestic and international routes. This growth is mainly fueled by rising disposable incomes and an expanding middle class, which enable more people to afford air travel for business and leisure purposes. The commercial aviation sector increases demand for aerospace aluminum by requiring lightweight, high-strength materials that improve fuel efficiency and aircraft performance. This demand also promotes ongoing innovation in aluminum alloys, contributing to safer and more cost-effective air travel. For example, according to Eurostat, a Luxembourg-based government agency, the number of air passengers in the EU reached 973 million in 2023, representing a 19.3% increase compared to 2022. Consequently, the growth in commercial aviation is boosting the aerospace aluminum market.
Leading companies in the aerospace aluminum market are concentrating on creating advanced solutions such as digital materials design platforms to accelerate innovation, shorten development times, and optimize material performance. Digital materials design platforms are integrated software tools that use computational modeling, artificial intelligence, and data analytics to speed up the discovery and development of high-performance materials. For instance, in May 2023, QuesTek Innovations LLC, a US-based materials engineering firm, introduced the ICMD digital design platform. This integrated computational materials design platform combines proprietary materials models with AI-powered tools, enabling rapid design, testing, and deployment of next-generation aluminum alloys for aerospace uses. It offers predictive performance analytics and automated optimization features, allowing engineers to develop lightweight and high-strength aluminum alloys faster and more cost-effectively than traditional methods.
In July 2024, The Boeing Company, a US aerospace and defense firm, acquired Spirit AeroSystems Holdings Inc. for $8.3 billion. This acquisition is intended to improve Boeing's supply chain, increase control over key aerostructure components, and boost operational efficiency in manufacturing commercial and defense aircraft. Spirit AeroSystems Holdings Inc. is a US aerospace manufacturer specializing in aluminum-based aerostructures.
Major companies operating in the aerospace aluminium market report are Alcoa Corporation, Arconic Corporation, Constellium SE, Kaiser Aluminum Corporation, Norsk Hydro ASA, Hindalco Industries Limited, Kobe Steel Ltd., UACJ Corporation, AMAG Austria Metall AG, Novelis Inc., RUSAL International, Emirates Global Aluminium PJS, China Hongqiao Group Limited, South32 Limited, Vedanta Aluminium Limited, Bharat Aluminium Company Limited, PT Indonesia Asahan Aluminium, Granges AB, JW Aluminum Company, Aleris Corporation, Chalco Aluminum Corporation, Rio Tinto Aluminium, Aluminium Bahrain BSC, Nippon Light Metal Company Ltd., Vimetco NV
Asia-Pacific was the largest region in the aerospace aluminium market in 2025. The regions covered in the aerospace aluminium market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the aerospace aluminium market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The aerospace aluminum market consists of sales of aluminum sheets, plates, bars, and fabricated components specifically designed for use in aircraft structures, engine parts, and other aerospace applications. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Aerospace Aluminium Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses aerospace aluminium market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for aerospace aluminium ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The aerospace aluminium market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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