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    Home > Chemicals Industry > New Chemical Materials > The global aerospace materials market is expected to reach USD 26.5 billion in 2025

    The global aerospace materials market is expected to reach USD 26.5 billion in 2025

    • Last Update: 2022-02-25
    • Source: Internet
    • Author: User
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    According to the latest global aerospace materials industry market analysis report released by ReportLink, it is estimated that by 2025, the global aerospace materials market will reach 26.
    5 billion U.
    S.
    dollars
    .
    Driven by factors such as lighter weight, reduced fuel consumption, and ever-increasing environmental protection concepts, the value of advanced and sustainable materials for aircraft manufacturing continues to grow
    .
    With the gradual development of the aerospace industry in the direction of "cradle to grave" in aircraft management, the commercial value of sustainable materials will more than double in the next few years
    .
    Currently commonly used aerospace materials mainly include metal alloys and polymer-based composite materials.
    These materials are developed and customized according to the needs of aerospace to achieve high fatigue load resistance, high strength and heat resistance
    .
    In addition, with the prevalence of 3D printing manufacturing technology in the aerospace field, there is an urgent need to develop materials suitable for additive manufacturing platforms
    .
    Currently available materials compatible with additive manufacturing (AM) components mainly include titanium alloy powder (Ti-6Al-4V), titanium alloy laser deposition products (Ti-6Al-4V), nickel-based superalloy 625, etc.

    .
    All aerospace materials need to undergo rigorous mechanical performance and durability tests.
    For example, materials used for tensile structures must undergo tensile testing, while materials used for compression structures must be verified by compression tests
    .
    In addition, aerospace also pays special attention to the moisture absorption properties of materials to ensure safe use in engine applications
    .
    These tests include the elastic modulus, yield strength, corrosion and oxidation resistance of materials to ensure that they will not degrade or lose function when used in an aviation environment
    .
    In recent years, carbon nanotubes (CNT) and CNT-based carbon fiber-based materials have become increasingly popular in aerospace applications
    .
    They have many advantages over conventional materials currently used.
    Therefore, carbon-based materials represent the future of aerospace materials and engineering
    .
    CNT fiber has the potential to significantly reduce the weight of aircraft, and the possibility of replacing conventional carbon fiber epoxy resin-based composite materials in engine applications is currently being studied
    .
    Therefore, in the next few years, the development of high-strength composite materials using carbon nanotube yarns as raw materials will arouse strong R&D interest among researchers
    .
    At the same time, the use of carbon nanotubes to modify the carbon fiber composite material can make the aerospace composite material conductive, which has brought unimaginable benefits so far
    .
    CNT has enhanced electrical conductivity and thermal conductivity, these two functions will open up new functional possibilities for aerospace applications
    .
    In aircraft deicing systems, carbon nanotubes have been used more and more
    .
    The continuous development of high tensile modulus carbon fiber will help expand the opportunities of the aircraft industry
    .
    Other new materials currently under development include microfibrillated cellulose (MFC), magnesium nano-adaptive hybrid fibers (also called fuzzy fibers), fiber metal laminates (FML), reinforced aluminum (CentrAl ), ceramic matrix composites (ceramic matrix composites, CMC)
    .
    Although continuous innovation in materials is still the main driver of growth, the continued expansion of the aircraft fleet heralds healthy production opportunities in the future
    .
    The United States and Europe represent large global markets, with a combined market share of 67.
    3%
    .
    During the analysis period, China is the fastest growing market, with a compound annual growth rate of 9.
    4% during the forecast period.
    This is due to the opening of a new era in China’s aviation industry.
    China is preparing to move towards the ambitious “Made in China 2025” Goal progress
    .
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