Aerospace Titanium Blisk Market Trends, Industry & Size 2031

Segments - Global Aerospace Titanium Blisk Market by Types (Less than 70 cm, 70 cm - 80 cm, and 80 cm - 90 cm), Applications (Commercial, General Aviation, and Military), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

Author : Raksha Sharma

Fact-checked by : Indranil Bose

Editor : Shruti Bhat

Report Description

The global aerospace titanium blisk market size was valued at USD 4.60 Billion in 2022 and is expected to surpass USD 6.32 Billion by 2031, expanding at a CAGR of 3.6% during the forecast period, 2023–2031. The growth of the market is attributed to increasing applications of titanium blisks in the new generation aircraft, rising demand for commercial as well as military aircraft, growing concerns for the environment, and decreasing titanium prices.

Demand for military and commercial aircraft is increasing in the aerospace industry. Titanium blisks are used to compress air for propulsion in aircraft engines and gas turbines. The market expansion is supported by increasing aircraft sales. One of the most important contributors to the global economy is the aviation industry.

The commercial space sector, which affects the global aerospace industry, is growing strongly, boosted by strong passenger and cargo demand. When compared to steel and nickel-based superalloys, titanium-based blisk saves up to 50% on weight. Furthermore, as compared to steel and aluminum, titanium offers a superior strength-to-weight ratio. Need for high bypass ratios is growing, along with the demand for low-weight blisks to compensate for the extra weight caused by high bypass ratio.

Aerospace Titanium Blisk Market Trends, Drivers, Restraints, and Opportunities

Drivers

Growing demand for commercial as well as military aircraft is estimated to fuel the market in the coming years.
Factors such as high strength, low weight, and low price of titanium prices increased the demand for aerospace titanium blisk across the world, which is projected to boost the market during the forecast period.
Increasing applications of aerospace titanium blisk in the new generation aircraft promoted the growth of the market during the forecast period.

Restraints

Steel, ceramic, carbon fiber, silicon carbide, nickel-based alloys, and removable blade blisks are projected to hinder the market growth during the forecast period. Advantages of removable blade blisks over titanium blisks such as easy reparability, less complex and fast manufacture, and chipping act as a major impediment to the adoption of titanium blisks.

Opportunity

Manufacture of blisks using a technology termed as linear friction welding is one of the primary opportunities for players in the aerospace titanium blisk industry. This procedure employs high pressure to rapidly force two moving parts against each other, generating heat and permanently connecting the components. This results in a single-piece blisk, eliminating both the intricacy of CNC manufacture and the high cost of additive manufacturing. This saves material and ensures that the required strength requirements are met.

Scope of Aerospace Titanium Blisk Market Report

The report on the global aerospace titanium blisk market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Aerospace Titanium Blisk Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Types (Less than 70 cm, 70 cm - 80 cm, and 80 cm - 90 cm), Applications (Commercial, General Aviation, and Military)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Trends, and Revenue Forecast
Key Players Covered in the Report	MTU Aero Engines AG, GKN plc, Rolls-Royce Holdings plc, and GE Aviation

Global Aerospace Titanium Blisk Market Segment Insights

Based on types, the aerospace titanium blisk market is divided into less than 70 cm, 70 cm - 80 cm, and 80 cm - 90 cm. In the aerospace titanium blisk market, the less than 70 cm segment holds the highest share, due to use of blisks with a diameter of less than 70 cm in the majority of commercial and business jet aircraft. The 80–90 cm titanium blisk category is predicted to grow at the fastest rate over the forecast period, due to its increased application in military and next-generation aircraft.

In terms of applications, the global aerospace titanium blisk market is segregated into commercial, general aviation, and military. The commercial segment is anticipated to dominate the market during the forecast period, due to increased passenger and cargo demand all around the world. According to the International Air Transport Association (IATA), the number of scheduled passengers boarding commercial airplanes around the world has increased significantly. This has raised the demand for commercial aircraft, which pushed up the demand for titanium blisk in commercial applications.

Aerospace Titanium Blisk Market Applications

On the basis of regions, the global aerospace titanium blisk market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market at a high CAGR during the forecast period, due to increased demand for corporate fleets in the region. However, the APAC region is expected to develop at the fastest rate during the forecast period, owing to several factors such as increased passenger travel, freight demand, and countries such as India and China beefing up their air forces.

Segments

By Types

Less than 70 cm
70 cm - 80 cm
80 cm - 90 cm

By Applications

Commercial
General Aviation
Military

By Regions

Asia Pacific
North America
Europe
Latin America
Middle East & Africa

Key Players

MTU Aero Engines AG
GKN plc
Rolls-Royce Holdings plc
GE Aviation

Competitive Landscape

Increased knowledge of the benefits of titanium-based blisks for aerospace industry applications such as significant weight savings, increased robustness, and lower maintenance costs as compared to standard bladed discs, resulted in a global increase in the adoption of titanium blisk. The market for aerospace titanium blisks is competitive as adoption has grown. MTU Aero Engines AG, GKN plc, Rolls-Royce Holdings plc, and GE Aviation are some of the major players in the market.

Aerospace Titanium Blisk Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Aerospace Titanium Blisk Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Aerospace Titanium Blisk Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Aerospace Titanium Blisk Market - Supply Chain
  4.5. Global Aerospace Titanium Blisk Market Forecast
     4.5.1. Aerospace Titanium Blisk Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Aerospace Titanium Blisk Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Aerospace Titanium Blisk Market Absolute $ Opportunity
5. Global Aerospace Titanium Blisk Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Aerospace Titanium Blisk Market Size and Volume Forecast by Types
     5.3.1. Less than 70 cm
     5.3.2. 70 cm - 80 cm
     5.3.3. 80 cm - 90 cm
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Aerospace Titanium Blisk Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Aerospace Titanium Blisk Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Aerospace Titanium Blisk Demand Share Forecast, 2019-2026
7. North America Aerospace Titanium Blisk Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Aerospace Titanium Blisk Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Aerospace Titanium Blisk Market Size and Volume Forecast by Types
     7.4.1. Less than 70 cm
     7.4.2. 70 cm - 80 cm
     7.4.3. 80 cm - 90 cm
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Aerospace Titanium Blisk Demand Share Forecast, 2019-2026
8. Latin America Aerospace Titanium Blisk Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Aerospace Titanium Blisk Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Aerospace Titanium Blisk Market Size and Volume Forecast by Types
     8.4.1. Less than 70 cm
     8.4.2. 70 cm - 80 cm
     8.4.3. 80 cm - 90 cm
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Aerospace Titanium Blisk Demand Share Forecast, 2019-2026
9. Europe Aerospace Titanium Blisk Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Aerospace Titanium Blisk Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Aerospace Titanium Blisk Market Size and Volume Forecast by Types
     9.4.1. Less than 70 cm
     9.4.2. 70 cm - 80 cm
     9.4.3. 80 cm - 90 cm
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Aerospace Titanium Blisk Demand Share Forecast, 2019-2026
10. Asia Pacific Aerospace Titanium Blisk Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Aerospace Titanium Blisk Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Aerospace Titanium Blisk Market Size and Volume Forecast by Types
     10.4.1. Less than 70 cm
     10.4.2. 70 cm - 80 cm
     10.4.3. 80 cm - 90 cm
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Aerospace Titanium Blisk Demand Share Forecast, 2019-2026
11. Middle East & Africa Aerospace Titanium Blisk Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Aerospace Titanium Blisk Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Aerospace Titanium Blisk Market Size and Volume Forecast by Types
     11.4.1. Less than 70 cm
     11.4.2. 70 cm - 80 cm
     11.4.3. 80 cm - 90 cm
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Aerospace Titanium Blisk Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Aerospace Titanium Blisk Market: Market Share Analysis
  12.2. Aerospace Titanium Blisk Distributors and Customers
  12.3. Aerospace Titanium Blisk Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. MTU Aero Engines AG
     12.4.2. GKN plc
     12.4.3. Rolls-Royce Holdings plc
     12.4.4. GE Aviation