AeroStrategy Projects Aerospace Raw Materials Consumption To Double
Click here to download this Press Release in Word
Aerospace consultancy AeroStrategy completed a comprehensive forecast of the raw materials used in aviation, spanning the air transport, military, business, and helicopter segments. The materials included both metals and non-metals, and were classified into 10 categories.
Key findings of the 20-year forecast include:
- The total weight of aircraft produced in 2007 is nearly 200 million lbs
- The total weight of materials required to produce these aircraft (“buy weight”) is 1.0B lbs and will reach 2.2B lbs by 2027
- Despite encroachment from composites, aerospace aluminum demand will continue to grow over the next decade Overall, the most significant increase is titanium consumption, which will expand from 107M lbs to reach 218.7M lbs by 2017
- Demand of carbon fiber reinforced plastics will grow almost ten-fold by 2027
- The material “buy-to-fly ratio” for current production aircraft is approximately five
- Boeing and Airbus aircraft account for nearly 60% of total material demand
A summary of findings was presented at the American Metals Market Conference and can be downloaded at www.aerostrategy.com.
AeroStrategy is a premier management consulting firm specializing in strategy and market analysis for the aviation and aerospace industries. The firm has offices in Europe and North America.
For further information, see www.aerostrategy.com or please contact:
Lynzie Babala
Media Relations
AeroStrategy
101 N. Main, Suite 400
Ann Arbor, MI 48104
(734) 929-6616 direct
lbabala@aerostrategy.com
Media Relations
AeroStrategy
101 N. Main, Suite 400
Ann Arbor, MI 48104
(734) 929-6616 direct
lbabala@aerostrategy.com
