What is scope of the report?

The base year for the study has been considered 2019, historic year 2014 and 2018. Read More

What are the significant segments operating in the market?

Market is segmented on the basis. Read More

What are the vital market dynamics?

The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. Read More

What does a company profile includes?

The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering. Read More

Aerospace & Defence Materials Market by Product (Titanium, Superalloys, Aluminium, Composites, Plastics, Steel, Others), Application (Cabin Interiors, Aero Structure, Components, Equipment, System & Support, Propulsion System, Construction & Insulation Components, Satellites), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2021 to 2028

Publish Date: Feb, 2021
Report ID: 419191
Category: Aerospace & Defence
Pages: 226

$4700

The aerospace & defence materials market is expected to grow from USD 21.61 billion in 2020 to USD 30.03 billion by 2028, at a CAGR of 4.2% during the forecast period 2021-2028.

The materials, mostly metal alloys that have been developed for the use of aerospace purposes are known as aerospace & defence materials. The aerospace & defence materials often require exceptional performance, heat resistance or strength at the cost of substantial expense in the production or machining. The practice of aerospace & defence is defined by the international standard bodies that maintain standards for their materials and processes. Recently, the aerospace and defence industry recuperated as passenger travel demand increased.

The factors driving the market are growing demand for lightweight materials, rising usage of aerospace & defence materials in military and space applications, increasing defence investment, and growing demand for fighter jets. The major manufacturers are highly focusing on solutions to meet the requirement to reduce weight and increase fuel efficiency. The factors restraining the market growth are reduced defence expenditure, limited availability of alternative designing complex structures, and strict government regulations.

This study delivers a comprehensive analysis of product, application, and region. The product segment is classified into titanium, superalloys, aluminium, composites, plastics, steel, and others. Aluminium segment holds the largest market share of 24.6% in the year 2020, owing to the increasing use of aluminium in internal fittings of aircraft, and the rising preference of aluminium alloys. Titanium segment is anticipated to witness significant growth, owing to high strength, exceptional compatibility of the product, and corrosion-resistant property. Based on application, the market is segmented into cabin interiors, aerostructure, components, equipment, system & support, propulsion system, construction & insulation components, and satellites. The aerostructure segment held the largest share of 25.9% in the year 2020, owing to the increasing use of composites, including honeycomb and CFRP materials.

The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America held the largest share of 32.6% in the year 2020, owing to the large aircraft manufacturing industry's presence and increased demand for airframe and other aircraft parts. Europe region is expected to witness significant growth due to the rise in terrorist threats, growing passenger traffic, and declining airfares. The Asia-Pacific region is projected to grow due to rising development in the aviation industry. China holds the largest market share in the region due to the progressing market and opportunities relating to aircraft maintenance and services. Israel and Turkey head the Middle East region due to attractive investment options.

Some of the notable players in the market are Sabic Innovative Plastics, Toray Composites America Inc., Hexcel Corporation, Dow, DuPont Inc., Teijin Ltd., Aleris International Inc., Huntsman International LLC, Cytec Solvay Group, Arconic Inc., Kobe Steel Ltd., and Constellium NV. In August 2019, Teijin Ltd., Japan’s advanced materials and chemical manufacturer acquired Renegade Materials Corporation, a prominent supplier of highly heat-resistant thermoset prepreg for the aerospace industry in North America.Europe region is expected to witness significant growth owing to the presence of key manufacturers in the region.

Aerospace &Defence Materials Market Analysis and Forecast, Type

Titanium
Superalloys
Aluminium
Composites
Plastics
Steel
Others

Aerospace &Defence Materials Market Analysis and Forecast, End-User

Cabin Interiors
Aero Structure
Components
Equipment, System & Support
Propulsion System
Construction & Insulation Components
Satellites

Aerospace &Defence Materials Market Analysis and Forecast, Region

North America

U.S.
Canada
Mexico
- Europe
  - Germany
  - France
  - Sweden
  - Netherland
  - U.K.
  - Italy
  - Spain
  - Turkey
  - Switzerland
  - Belgium
  - Rest Of Europe
- Asia-Pacific
  - Japan
  - China
  - India
  - South Korea
  - Australia
  - Singapore
  - Malaysia
  - Thailand
  - Indonesia
  - Philippines
  - Rest Of APAC
- South America
  - Brazil
  - Argentina
  - Peru
  - Colombia
  - Rest Of South America
- Middle East And Africa
  - UAE
  - Saudi Arabia
  - Egypt
  - Nigeria
  - South Africa
  - Rest Of MEA

Report Description:

The base year for the study has been considered 2019, historic year 2018 and 2019, the forecast period considered is from 2021 to 2028.
The study delivers a comprehensive analysis of the global market for all segments and region
The report offers in-depth analysis of driving factors, opportunities and restraints for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2021 to 2028.
Porter’s Five Forces model is used in order to recognize the competitive scenario in the market. This report incorporates the industry analysis which is focused on providing an extensive view of the market.
The study also includes attractiveness analysis of all segments and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunist for understanding the future growth of the market.

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1. Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Research Scope
    1.4. Currency
    1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
    4.1. Porter’s Five Forces Analysis
    4.2. Value Chain Analysis
    4.3. Top Investment Pockets
          4.3.1. Market Attractiveness Analysis By Product
          4.3.2. Market Attractiveness Analysis By Application
          4.3.3. Market Attractiveness Analysis By Region
    4.4. Industry Trends
5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
          5.2.1. Rising usage of aerospace & defence materials
          5.2.2. Increasing defence investments
    5.3. Restraints
          5.3.1. Limited availability of alternative designing complex structures
          5.3.2. Strict government regulations
6. Global Aerospace & Defence Materials Market Analysis and Forecast, By Product
    6.1. Segment Overview
    6.2. Titanium
    6.3. Superalloys
    6.4. Aluminium
    6.5. Composites
    6.6. Plastics
    6.7. Steel
    6.8. Others
7. Global Aerospace & Defence Materials Market Analysis and Forecast, By Application
    7.1. Segment Overview
    7.2. Cabin Interiors
    7.3. Aero Structure
    7.4. Components
    7.5. Equipment, System & Support
    7.6. Propulsion System
    7.7. Construction & Insulation Components
    7.8. Satellites
8. Global Aerospace & Defence Materials Market Analysis and Forecast, By Regional Analysis
    8.1. Segment Overview
    8.2. North America
          8.2.1. U.S.
          8.2.2. Canada
          8.2.3. Mexico
    8.3. Europe
          8.3.1. Germany
          8.3.2. France
          8.3.3. U.K.
          8.3.4. Italy
          8.3.5. Spain
    8.4. Asia-Pacific
          8.4.1. Japan
          8.4.2. China
          8.4.3. India
    8.5. South America
          8.5.1. Brazil
    8.6. Middle East and Africa
          8.6.1. UAE
          8.6.2. South Africa
9. Global Aerospace & Defence Materials Market-Competitive Landscape
    9.1. Overview
    9.2. Market Share of Key Players in Global Aerospace & Defence Materials Market
          9.2.1. Global Company Market Share
          9.2.2. North America Company Market Share
          9.2.3. Europe Company Market Share
          9.2.4. APAC Company Market Share
    9.3. Competitive Situations and Trends
          9.3.1. Material Launches and Developments
          9.3.2. Partnerships, Collaborations, and Agreements
          9.3.3. Mergers & Acquisitions
          9.3.4. Expansions
10. Company Profiles
    10.1. Sabic Innovative Plastics
          10.1.1. Business Overview
          10.1.2. Company Snapshot
          10.1.3. Company Market Share Analysis
          10.1.4. Company Product Portfolio
          10.1.5. Recent Developments
          10.1.6. SWOT Analysis
    10.2. Toray Composites America Inc.
          10.2.1. Business Overview
          10.2.2. Company Snapshot
          10.2.3. Company Market Share Analysis
          10.2.4. Company Product Portfolio
          10.2.5. Recent Developments
          10.2.6. SWOT Analysis
    10.3. Hexcel Corporation
          10.3.1. Business Overview
          10.3.2. Company Snapshot
          10.3.3. Company Market Share Analysis
          10.3.4. Company Product Portfolio
          10.3.5. Recent Developments
          10.3.6. SWOT Analysis
    10.4. Dow
          10.4.1. Business Overview
          10.4.2. Company Snapshot
          10.4.3. Company Market Share Analysis
          10.4.4. Company Product Portfolio
          10.4.5. Recent Developments
          10.4.6. SWOT Analysis
    10.5. DuPont Inc,
          10.5.1. Business Overview
          10.5.2. Company Snapshot
          10.5.3. Company Market Share Analysis
          10.5.4. Company Product Portfolio
          10.5.5. Recent Developments
          10.5.6. SWOT Analysis
    10.6. Teijin Ltd.
          10.6.1. Business Overview
          10.6.2. Company Snapshot
          10.6.3. Company Market Share Analysis
          10.6.4. Company Product Portfolio
          10.6.5. Recent Developments
          10.6.6. SWOT Analysis
    10.7. Aleris International Inc.
          10.7.1. Business Overview
          10.7.2. Company Snapshot
          10.7.3. Company Market Share Analysis
          10.7.4. Company Product Portfolio
          10.7.5. Recent Developments
          10.7.6. SWOT Analysis
    10.8. Huntsman International LLC
          10.8.1. Business Overview
          10.8.2. Company Snapshot
          10.8.3. Company Market Share Analysis
          10.8.4. Company Product Portfolio
          10.8.5. Recent Developments
          10.8.6. SWOT Analysis
    10.9. Cytec Solvay Group
          10.9.1. Business Overview
          10.9.2. Company Snapshot
          10.9.3. Company Market Share Analysis
          10.9.4. Company Product Portfolio
          10.9.5. Recent Developments
          10.9.6. SWOT Analysis
    10.10. Arconic Inc.
          10.10.1. Business Overview
          10.10.2. Company Snapshot
          10.10.3. Company Market Share Analysis
          10.10.4. Company Product Portfolio
          10.10.5. Recent Developments
          10.10.6. SWOT Analysis
    10.11. Kobe Steel Ltd.
          10.11.1. Business Overview
          10.11.2. Company Snapshot
          10.11.3. Company Market Share Analysis
          10.11.4. Company Product Portfolio
          10.11.5. Recent Developments
          10.11.6. SWOT Analysis
    10.12. Constellium NV
          10.12.1. Business Overview
          10.12.2. Company Snapshot
          10.12.3. Company Market Share Analysis
          10.12.4. Company Product Portfolio
          10.12.5. Recent Developments
          10.12.6. SWOT Analysis

List of Table

1. Global Aerospace & Defence Materials Market, By Product, 2020-2028 (USD Billion)

2. Global Titanium, Aerospace & Defence Materials Market, By Region, 2020-2028 (USD Billion)

3. Global Superalloys, Aerospace & Defence Materials Market, By Region, 2020-2028 (USD Billion)

4. Global Aluminium, Aerospace & Defence Materials Market, By Region, 2020-2028 (USD Billion)

5. Global Composites, Aerospace & Defence Materials Market, By Region, 2020-2028 (USD Billion)

6. Global Plastics, Aerospace & Defence Materials Market, By Region, 2020-2028 (USD Billion)

7. Global Steel, Aerospace & Defence Materials Market, By Region, 2020-2028 (USD Billion)

8. Global Others, Aerospace & Defence Materials Market, By Region, 2020-2028 (USD Billion)

9. Global Aerospace & Defence Materials Market, By Application, 2020-2028 (USD Billion)

10. Global Cabin Interiors, Aerospace & Defence Materials Market, By Region, 2020-2028 (USD Billion)

11. Global Aero Structure, Aerospace & Defence Materials Market, By Region, 2020-2028 (USD Billion)

12. Global Components, Aerospace & Defence Materials Market, By Region, 2020-2028 (USD Billion)

13. Global Equipment, System & Support, Aerospace & Defence Materials Market, By Region, 2020-2028 (USD Billion)

14. Global Propulsion System, Aerospace & Defence Materials Market, By Region, 2020-2028 (USD Billion)

15. Global Construction & Insulation Components, Aerospace & Defence Materials Market, By Region, 2020-2028 (USD Billion)

16. Global Others, Aerospace & Defence Materials Market, By Region, 2020-2028 (USD Billion)

17. North America Aerospace & Defence Materials Market, By Product, 2020-2028 (USD Billion)

18. North America Aerospace & Defence Materials Market, By Application, 2020-2028 (USD Billion)

19. U.S. Aerospace & Defence Materials Market, By Product, 2020-2028 (USD Billion)

20. U.S. Aerospace & Defence Materials Market, By Application, 2020-2028 (USD Billion)

21. Canada Aerospace & Defence Materials Market, By Product, 2020-2028 (USD Billion)

22. Canada Aerospace & Defence Materials Market, By Application, 2020-2028 (USD Billion)

23. Mexico Aerospace & Defence Materials Market, By Product, 2020-2028 (USD Billion)

24. Mexico Aerospace & Defence Materials Market, By Application, 2020-2028 (USD Billion)

25. Europe Aerospace & Defence Materials Market, By Product, 2020-2028 (USD Billion)

26. Europe Aerospace & Defence Materials Market, By Application, 2020-2028 (USD Billion)

27. Germany Aerospace & Defence Materials Market, By Product, 2020-2028 (USD Billion)

28. Germany Aerospace & Defence Materials Market, By Application, 2020-2028 (USD Billion)

29. France Aerospace & Defence Materials Market, By Product, 2020-2028 (USD Billion)

30. France Aerospace & Defence Materials Market, By Application, 2020-2028 (USD Billion)

31. U.K. Aerospace & Defence Materials Market, By Product, 2020-2028 (USD Billion)

32. U.K. Aerospace & Defence Materials Market, By Application, 2020-2028 (USD Billion)

33. Italy Aerospace & Defence Materials Market, By Product, 2020-2028 (USD Billion)

34. Italy Aerospace & Defence Materials Market, By Application, 2020-2028 (USD Billion)

35. Spain Aerospace & Defence Materials Market, By Product, 2020-2028 (USD Billion)

36. Spain Aerospace & Defence Materials Market, By Application, 2020-2028 (USD Billion)

37. Asia Pacific Aerospace & Defence Materials Market, By Product, 2020-2028 (USD Billion)

38. Asia Pacific Aerospace & Defence Materials Market, By Application, 2020-2028 (USD Billion)

39. Japan Aerospace & Defence Materials Market, By Product, 2020-2028 (USD Billion)

40. Japan Aerospace & Defence Materials Market, By Application, 2020-2028 (USD Billion)

41. China Aerospace & Defence Materials Market, By Product, 2020-2028 (USD Billion)

42. China Aerospace & Defence Materials Market, By Application, 2020-2028 (USD Billion)

43. India Aerospace & Defence Materials Market, By Product, 2020-2028 (USD Billion)

44. India Aerospace & Defence Materials Market, By Application, 2020-2028 (USD Billion)

45. South America Aerospace & Defence Materials Market, By Product, 2020-2028 (USD Billion)

46. South America Aerospace & Defence Materials Market, By Application, 2020-2028 (USD Billion)

47. Brazil Aerospace & Defence Materials Market, By Product, 2020-2028 (USD Billion)

48. Brazil Aerospace & Defence Materials Market, By Application, 2020-2028 (USD Billion)

49. Middle East and Africa Aerospace & Defence Materials Market, By Product, 2020-2028 (USD Billion)

50. Middle East and Africa Aerospace & Defence Materials Market, By Application, 2020-2028 (USD Billion)

51. UAE Aerospace & Defence Materials Market, By Product, 2020-2028 (USD Billion)

52. UAE Aerospace & Defence Materials Market, By Application, 2020-2028 (USD Billion)

53. South Africa Aerospace & Defence Materials Market, By Product, 2020-2028 (USD Billion)

54. South Africa Aerospace & Defence Materials Market, By Application, 2020-2028 (USD Billion)

List of Figures

1. Global Aerospace & Defence Materials Market Segmentation

2. Global Aerospace & Defence Materials Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis

7. Value Chain Analysis

8. Global Aerospace & Defence Materials Market Attractiveness Analysis By Product

9. Global Aerospace & Defence Materials Market Attractiveness Analysis By Application

10. Global Aerospace & Defence Materials Market Attractiveness Analysis By Region

11. Global Aerospace & Defence Materials Market: Dynamics

12. Global Aerospace & Defence Materials Market Share by Product (2021 & 2028)

13. Global Aerospace & Defence Materials Market Share by Application(2021 & 2028)

14. Global Aerospace & Defence Materials Market Share by Regions (2021 & 2028)

15. Global Aerospace & Defence Materials Market Share by Company (2020)

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

Market research helps businesses strengthen a company’s position
Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
Market research helps in identifying the potential threats and opportunities associated with the business industry
Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

Data Collection
Data Synthesis
Market Deduction & Formulation
Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends.
Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information.

We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:

Export & Import Data
Business Information related to trade and its statistics
Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.

In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
Examining demographic along with psychographic segmentation for market evaluation
Analyzing the macro and micro-economic indicators for each demography
Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology.

Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.

The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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Testimonials

Hi John,
Thanks for the report. We've been going through it and see some good data on the market and players. –

Kennedy Brown
Health Technology Innovation
United States

Hi Rahul,
Thank You for the report it is good and beneficial for me.
Thank You in Advance

Mika Salomäki

Dear Siddhartha,
Thank you for your fast reply. The report arrived safe and sound, evrything looks all right.
Thank you very much for your assitance and I will be looking forward to another opportunity for cooperation.

ONDŘEJ ŠUPKA
Analytics Department
ČESKÁ ZBROJOVKA A.S.

Dear Siddhartha,
The report looks good, and we believe the material mix is more realistic now. It is good to know you report “Net” Manufacturing Selling Price, as that can make a difference in how we view the numbers. The reports were great and we appreciate your working with us.
Thanks for all your help!