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Stock impact report

Aerospace Materials Industry on the Rise: Forecasted to Reach $42.9 Billion by 2029 [Yahoo! Finance]

AMETEK, Inc. (AME) 
Last ametek, inc. earnings: 2/5 06:55 am Check Earnings Report
Company Research Source: Yahoo! Finance
Boston, June 04, 2025 (GLOBE NEWSWIRE) -- According to the latest study from BCC Research, the “ Global Markets for Advanced Aerospace Materials ” is estimated to grow from $29.2 billion in 2024 to $42.9 billion by the end of 2029 at a compound annual growth rate (CAGR) of 8% from 2024 through 2029. This report examines the market by type (such as advanced aluminum alloys, composites and titanium alloys), application (including commercial and military aircraft, general aviation and helicopters), end user (private and public sectors), and region (North America, Europe, Asia-Pacific and the Rest of the World). Each area is further divided into countries for a more intricate analysis. This report is highly relevant due to two main factors: first, the global aviation sector is experiencing a surge in passenger traffic, and second, it is receiving government incentives, which boost R&D and production capacity. Additionally, space research and exploration are expanding rapidly, with th Show less Read more
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