Aerospace Titanium Blisk Market Trends,
Segmentation, Key Players And Forecast
The number of people traveling by air increased massively from around 310.4 million in 1970
to 4.3 billion in 2019, as per the World Bank. This is credited to the rapid expansion of
airlines in terms of their fleet size and the constant entry of new airlines around the world.
With the sustained surge in the number of people and amount of freight being transported by
air, aircraft fleets are growing rapidly.
As per P&S Intelligence, as air travel becomes affordable for a wider spectrum of the society,
the aerospace titanium blisk market size will rise from $3,988.3 million in 2017 to $4,945.4
million by 2023, at a 3.7% CAGR between 2018 and 2023. This is because the blisk is one of
the primary components of a jet engine. It consists of two parts: a rotating disc and the blades
attached to it. Unlike conventional alternatives, wherein the blades are detachable from the
disc, a blisk is a one-piece component made via additive manufacturing, computer numerical
control (CNC) milling, or welding the blades to the rotating disc permanently.
North America is already the largest aerospace titanium blisk market as it is home to
Boeing, the largest aerospace company in the world. It provides aircraft not just for
commercial purposes, but to the military as well. Apart from regular airlines, a lot of chartered
airlines and private jets operate in the region as it is home to many high-net-worth individuals.
Apart from North America, the demand for such components is also rising sharply in Asia-
Pacific (APAC) due to the establishment of domestic aerospace companies in the region.
Therefore, with the boom in the aerospace sector, the requirement for titanium blisks will
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