Aerospace and Defense Materials Market
The Global Aerospace and Defense Materials Market is projected to reach USD 44.1 billion in 2024 and grow at a compound annual growth rate of 7.4% from there until 2033 to reach a value of USD 83.5 billion. Aerospace and defense materials are specialized materials created to meet the strict requirements of the aerospace and defense industries. These materials must have exceptional properties such as high strength-to-weight ratio, heat resistance, durability, and corrosion resistance to hold the extreme conditions that come across aerospace and defense applications, including aircraft structures, propulsion systems, armor, and electronics.
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