Aerospace Titanium Blisk Market Competitive Landscape, Insights by Geography, and Growth Opportunity

Aerospace Titanium Blisk Market Size,
Key Vendors, Growth Rate, Drivers,
Volume and Forecast Report
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Owing to the numerous advantages offered by titanium-based blisks, such as low weight and
high strength, they are witnessing a rising demand from the aerospace sector. These
components offer as much as a 50% reduction in weight, as compared to nickel- and steelbased
super alloys. Moreover, titanium has a much higher strength-to-weight ratio compared to
aluminum and steel, with a density of 4.5 g/cm3. The increasing demand for higher fuel
efficiency is pushing the need for a high bypass ratio, which is, in turn, fuelling the adoption of
low-weight blisks.
Driven by the above-mentioned factors, the revenue generated from the sales of aerospace
titanium blisks increased from $3,988.3 million to $4,945.4 million, from 2017 to 2023. The
global aerospace titanium blisk market is predicted to progress at a CAGR of 3.7% during the
forecast period (2018–2023). Titanium blisks are used in commercial, general aviation,
military and various other aerospace applications, such as in model and experimental aircraft.
Amongst these, commercial aircraft recorded the highest usage of these components in 2017,
owing to the rising demand for cargo and passenger air transport across the world.
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One of the biggest phenomena presently being observed in the aerospace titanium blisk market
is the increasing usage of additive manufacturing techniques, in order to produce the blisks,
through two distinct processes — directed energy deposition (DED) and power bed fusion
(PBF). These additive manufacturing techniques help in reducing the generation of material
waste and increasing the designing freedom. Moreover, these methods help in overcoming the
problems and drawbacks associated with the use of computer-numerical control (CNC)
machines, such as those pertaining to chipping and complexity of design.
The other major factor responsible for the rise in the demand for titanium-based aerospace
blisks is the decreasing price of titanium blisks over the last few years. The price of titanium
has decreased massively, more than four times from 2006 to 2017, and this has resulted in the
wide-scale adoption of titanium blisks by companies operating in the aerospace sector. These
blisks are used in the gas turbines or engines of aircrafts for compressing the air, for
propulsion.

Geographically, North America recorded the highest utilization of aerospace titanium blisks in
2017. This is mainly ascribed to the huge demand for business air transport fleets in the region.
The total business aircraft fleet size in North America was reported to be 24,297 units in 2017.
The Asia-Pacific (APAC) region is expected to register the highest rise in the adoption of
aerospace titanium blisks during the forecast period, due to several factors, such as the
increasing fleet size of the air forces of China and India, soaring air passenger traffic, and
mushrooming demand for cargo.
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Therefore, it is clear that the demand for aerospace titanium blisks will observe tremendous
growth in future, due to the burgeoning requirement for cheaper, stronger, and lighter materials
from the aerospace sector and the ballooning cargo and air travel requirements.
Market Segmentation by Application
• Military
• Commercial
• General Aviation
• Others (experimental and model aircraft)
Market Segmentation by Diameter
• Less than 70 cm
• 70 cm – 80 cm
• 80 cm – 90 cm
Market Segmentation by Geography
• North America aerospace titanium blisk market
o By application
o By diameter
o By country – U.S. and Canada
• Europe aerospace titanium blisk market
o By application
o By diameter
o By country – U.K., Germany, France, and Rest of Europe
• Asia-Pacific (APAC) aerospace titanium blisk market
o By application
o By diameter
o By country – China, Japan, India, and Rest of Asia-Pacific
• Rest of the world (ROW) aerospace titanium blisk market
o By application
o By diameter

o
By country – Brazil, Argentina, Saudi Arabia, and Others
This study covers
• Historical and the present size of the Aerospace Titanium Blisk Market
• Major factors driving the market and their impact during the short, medium, and long
terms
• Market restraints and their impact during the short, medium, and long terms
• Recent trends and evolving opportunities for the market participants
• Historical and the present size of the market segments and understand their
comparative future potential
• Potential of on-demand logistics services, so the market players make informed
decisions on the sales of their offerings
• Competitive scenario of various market segments across key countries in several
regions for uncovering market opportunities for the stakeholders
• Major players operating in the market and their service offerings
• Recent strategic developments by the major players in the market
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