Global markets for emerging aerospace materials are expected to temporarily slide in the wake of the COVID–19 epidemic, dropping sharply from $14.7 billion in 2019 to an estimated $13.2 billion in 2020. However, markets will return to growth in the ensuing period, increasing to $19.9 billion in 2025 at a compound annual growth rate (CAGR) of 8.6% globally.

The advanced metal alloy segment accounts for the majority of the market, at an estimated $10.9 billion in 2020 and advancing to $15.4 billion by 2025 at a CAGR of 7.2%. The advanced composites and adhesives category will slide from $2.6 billion in 2019 to $2.3 billion in 2020 before returning to growth and surging to $4.5 billion in 2025 at a CAGR of 14.3%.