Market Share of Commercial Aircraft Materials Industry
The commercial aircraft materials market is fragmented due to various players providing adhesives, chemicals, composites, metals and non-metal materials, plastics, etc. Some of the prominent players in the market are Solvay SA, Toray Industries, Inc., Constellium, DuPont de Nemours, Inc., and AMG Critical Materials N.V., among others. Solvay is the major provider of composites to major aircraft programs like Airbus A220, Boeing B737, Boeing B777, Boeing B787 Dreamliner, COMAC C919, and Airbus A350. In addition to the aforementioned players, companies like General Plastics Manufacturing Company, Inc. and Alcoa Corporation provide plastic materials and metal. Alcoa Corporation provides metal and alloy products for Airbus A320, Airbus A330, Airbus A350, Boeing B737 MAX, Boeing B787 Dreamliner, and COMAC C919 aircraft programs.
The market is witnessing increased collaborations, acquisitions, and innovations in material technology, supporting the market growth. For instance, in September 2021, Hexcel Corp was awarded a multi-year contract to manufacture aerospace structures made with HexPEKK-100 material for the Boeing B777X. Under the agreement, the HexPEKK parts will be manufactured at Hexcel's additive manufacturing site near Hartford for airflow ducting applications and other supporting elements on the aircraft. Such partnerships with aircraft OEMs are expected to propel the company's growth in the coming years.
Commercial Aircraft Materials Market Leaders
DuPont de Nemours Inc.
Constellium
Toray Industries, Inc.
Solvay SA
AMG Critical Materials N.V.
*Disclaimer: Major Players sorted in no particular order
