The helicopter blades market was valued at US$ 1,212.5 million in 2016 and is projected to grow at a healthy CAGR of 4.5% over the next five years to reach US$ 1,568.4 million in 2022.

Increasing delivery of helicopters, advancement in blade technology such as electric tail rotor systems, a continuous shift from heavy metal blades to lightweight composite blades, and rising helicopter fleet size are major growth drivers of the helicopter blades market.

The exterior wall system market was valued at USD 139.4 billion in 2021 and is likely to grow at a CAGR of 7.33% during 2022-2028 to reach USD 229.33 billion in 2028.

An exterior wall system is used either to absorb or shed the majority of bulk rainwater penetration before it enters the covered spaces of any wall assembly.

Market Drivers
The growth of the exterior wall system market is primarily driven by-

Increasing commercial infrastructure in the Asia-Pacific region,
Rising per capita expenditure for residential infrastructure,
Growing replacement of aging infrastructure.

The titanium dioxide market size was valued at USD 21 billion in 2021 and is likely to grow at a CAGR of 5.81% during 2022-2028 to reach USD 31.24 billion in 2028.

The prime factor that is contributing to the demand for Titanium Dioxide is mainly due to its wide range of applications such as paints, adhesives, coatings, printing inks, ceramics, disinfectants, cosmetics, and others.

COVID-19 IMPACT

The titanium dioxide market was negatively impacted due to the Covid-19 pandemic in the year 2020. There was a complete halt in manufacturing and construction activities resulting from labor shortage and disruption in the supply chain. This majorly affected the demand from various sectors, like paints and coatings, plastics, cosmetics, etc.