| Product Code: ETC8621993 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Nigeria aerospace industry continues to heavily rely on imports of composite materials and aluminum alloys, with top exporters being China, Turkey, Netherlands, Germany, and India in 2024. Despite high market concentration indicated by the Herfindahl-Hirschman Index (HHI), the sector experienced a significant decline in growth with a CAGR of -37.65% from 2020 to 2024. The negative growth rate of -82.35% from 2023 to 2024 underscores the challenges faced by the industry. Stakeholders need to closely monitor market trends and explore strategies to mitigate the declining growth trajectory in the coming years.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria Composite Materials And Aluminum Alloys in Aerospace Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Composite Materials And Aluminum Alloys in Aerospace Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Composite Materials And Aluminum Alloys in Aerospace Market - Industry Life Cycle |
3.4 Nigeria Composite Materials And Aluminum Alloys in Aerospace Market - Porter's Five Forces |
3.5 Nigeria Composite Materials And Aluminum Alloys in Aerospace Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Composite Materials And Aluminum Alloys in Aerospace Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Composite Materials And Aluminum Alloys in Aerospace Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Composite Materials And Aluminum Alloys in Aerospace Market Trends |
6 Nigeria Composite Materials And Aluminum Alloys in Aerospace Market, By Types |
6.1 Nigeria Composite Materials And Aluminum Alloys in Aerospace Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Composite Materials And Aluminum Alloys in Aerospace Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Composite Materials And Aluminum Alloys in Aerospace Market Revenues & Volume, By Aluminum alloys, 2021- 2031F |
6.1.4 Nigeria Composite Materials And Aluminum Alloys in Aerospace Market Revenues & Volume, By Composites, 2021- 2031F |
6.2 Nigeria Composite Materials And Aluminum Alloys in Aerospace Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Composite Materials And Aluminum Alloys in Aerospace Market Revenues & Volume, By Commercial aircraft, 2021- 2031F |
6.2.3 Nigeria Composite Materials And Aluminum Alloys in Aerospace Market Revenues & Volume, By Military aircraft, 2021- 2031F |
6.2.4 Nigeria Composite Materials And Aluminum Alloys in Aerospace Market Revenues & Volume, By Business and general aviation, 2021- 2031F |
6.2.5 Nigeria Composite Materials And Aluminum Alloys in Aerospace Market Revenues & Volume, By Helicopters, 2021- 2031F |
7 Nigeria Composite Materials And Aluminum Alloys in Aerospace Market Import-Export Trade Statistics |
7.1 Nigeria Composite Materials And Aluminum Alloys in Aerospace Market Export to Major Countries |
7.2 Nigeria Composite Materials And Aluminum Alloys in Aerospace Market Imports from Major Countries |
8 Nigeria Composite Materials And Aluminum Alloys in Aerospace Market Key Performance Indicators |
9 Nigeria Composite Materials And Aluminum Alloys in Aerospace Market - Opportunity Assessment |
9.1 Nigeria Composite Materials And Aluminum Alloys in Aerospace Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Composite Materials And Aluminum Alloys in Aerospace Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Composite Materials And Aluminum Alloys in Aerospace Market - Competitive Landscape |
10.1 Nigeria Composite Materials And Aluminum Alloys in Aerospace Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Composite Materials And Aluminum Alloys in Aerospace Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |