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    Aerospace Composites Market

    ID: MRFR/A&D/0734-CR
    200 Pages
    Sejal Akre
    June 2025

    Aerospace Composites Market Research Report By Application (Aircraft Structures, Interior Components, Propulsion Systems, Cargo Compartment), By Material Type (Carbon Fiber Composites, Glass Fiber Composites, Aramid Fiber Composites, Thermoplastic Composites), By Manufacturing Process (Prepreg Layup, Resin Transfer Molding, Out-of-Autoclave Processes, Filament Winding), By End-use (Commercial Aviation, Military Aviation, General Aviation), and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa)-Forecast t...

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    Aerospace Composites Market Research Report- Global Forecast to 2035 Infographic
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    Aerospace Composites Market Summary

    The Global Aerospace Composites Market is projected to grow from 28.6 USD Billion in 2024 to 42 USD Billion by 2035.

    Key Market Trends & Highlights

    Aerospace Composites Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 3.56 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 42 USD Billion, indicating robust growth potential.
    • In 2024, the market is valued at 28.6 USD Billion, reflecting a strong foundation for future expansion.
    • Growing adoption of lightweight materials due to increasing fuel efficiency requirements is a major market driver.

    Market Size & Forecast

    2024 Market Size 28.6 (USD Billion)
    2035 Market Size 42 (USD Billion)
    CAGR (2025-2035) 3.56%

    Major Players

    DuPont, Lockheed Martin, Airbus, Toray Industries, SABIC, Northrop Grumman, Fibrtec, Safran, Royal TenCate, 3M, Mitsubishi Heavy Industries, Boeing, Solvay, Hexcel Corporation

    Aerospace Composites Market Trends

    Significant changes are now being seen in the Aerospace Composites Market. These trends are being driven by breakthroughs in material science as well as a rising need for aircraft that are both lightweight and fuel inefficient. One of the most important factors driving the market is the pressing requirement to cut carbon emissions and improve operational efficiency in the airline industry.

    More stringent environmental rules are being implemented by governments all over the world, and they are also pushing the use of sustainable materials. This is leading to an increase in the utilization of composite materials in aerospace applications.

    One of the opportunities that should be investigated is the possibility of increasing the uses of composites in emerging economies, which are now working to modernize their aviation industries. The proliferation of hybrid and electric aircraft is providing further impetus to the demand for lightweight materials, which in turn is encouraging innovation in composite technologies.

    In recent years, there has been a discernible movement toward the incorporation of modern manufacturing technologies, such as 3D printing, which enables composite fabrication to produce designs that are more intricate while also reducing the amount of waste produced.

    In addition, the aerospace sector is undergoing a transition toward digitization, with companies and organizations utilizing data analytics in order to enhance supply chain management and optimize manufacturing processes.

    This trend not only lowers prices but also improves the effectiveness of the utilization of composite materials in aeronautical applications. To further stress the rising significance of composites, the continuous recovery of the global aviation sector following the pandemic and the increased focus on the design of aircraft for the future generation are also factors.

    As the aircraft industry continues to develop, it is anticipated that collaboration between material makers and aerospace firms will lead to the discovery of new applications and an improvement in the performance of aerospace composites. This will ensure that the market will continue to see dynamic growth trends on a worldwide scale.

    The increasing emphasis on fuel efficiency and weight reduction in aerospace applications is driving a notable shift towards advanced composite materials, which are poised to redefine the structural integrity and performance of modern aircraft.

    U.S. Department of Transportation, Federal Aviation Administration

    Aerospace Composites Market Drivers

    Market Growth Projections

    The Global Aerospace Composites Market Industry is projected to experience substantial growth over the coming years. With a market valuation of 28.6 USD Billion in 2024, it is anticipated to reach 42 USD Billion by 2035, reflecting a robust growth trajectory. The compound annual growth rate of 3.56% from 2025 to 2035 indicates a steady increase in demand for aerospace composites, driven by various factors such as technological advancements, regulatory support, and expanding applications in both commercial and military sectors. This growth underscores the industry's resilience and adaptability in meeting the evolving needs of aerospace manufacturers and operators.

    Growing Military Applications of Composites

    The Global Aerospace Composites Market Industry is significantly influenced by the increasing adoption of composite materials in military applications. Defense organizations are increasingly utilizing composites for their superior strength-to-weight ratios and resistance to harsh environments. This trend is particularly evident in the development of advanced military aircraft and unmanned aerial vehicles, where performance and durability are paramount. The ongoing modernization of military fleets worldwide is expected to drive demand for aerospace composites, contributing to the market's growth. As military budgets continue to expand, the aerospace composites sector is likely to see a substantial increase in orders, further solidifying its position within the industry.

    Increasing Demand for Lightweight Materials

    The Global Aerospace Composites Market Industry experiences a notable surge in demand for lightweight materials, driven by the aerospace sector's continuous pursuit of fuel efficiency and performance enhancement. Composites, such as carbon fiber reinforced polymers, offer significant weight savings compared to traditional materials like aluminum. This shift is particularly evident in commercial aviation, where airlines aim to reduce operational costs. As of 2024, the market is valued at approximately 28.6 USD Billion, reflecting the industry's commitment to adopting advanced materials. The trend is projected to continue, with the market expected to reach 42 USD Billion by 2035, indicating a robust growth trajectory.

    Regulatory Support for Sustainable Aviation

    The Global Aerospace Composites Market Industry benefits from increasing regulatory support aimed at promoting sustainable aviation practices. Governments worldwide are implementing stringent environmental regulations that encourage the use of eco-friendly materials in aircraft manufacturing. Composites, known for their durability and lightweight properties, align well with these sustainability goals. For example, initiatives by the European Union and the Federal Aviation Administration in the United States are fostering the adoption of composites to reduce carbon emissions. This regulatory landscape not only enhances the market's growth potential but also positions the aerospace industry as a leader in sustainable practices, further driving demand for composite materials.

    Expansion of Aerospace Manufacturing Facilities

    The Global Aerospace Composites Market Industry is poised for growth due to the expansion of aerospace manufacturing facilities across the globe. Countries such as the United States, China, and India are investing heavily in developing advanced manufacturing capabilities to meet the rising demand for aircraft. This expansion not only increases production capacity but also fosters innovation in composite materials and manufacturing processes. As new facilities come online, they are expected to enhance the supply chain efficiency and reduce lead times for composite components. This strategic growth in manufacturing infrastructure is likely to support the projected market growth, reinforcing the industry's commitment to meeting future aerospace demands.

    Technological Advancements in Manufacturing Processes

    Technological innovations play a pivotal role in shaping the Global Aerospace Composites Market Industry. Advanced manufacturing techniques, such as automated fiber placement and 3D printing, enhance the efficiency and precision of composite production. These innovations not only reduce production time but also improve the quality and consistency of composite components. For instance, the integration of automation in the manufacturing process has led to a decrease in labor costs and an increase in output. As the industry embraces these advancements, the market is likely to witness a compound annual growth rate of 3.56% from 2025 to 2035, underscoring the importance of technology in driving market growth.

    Market Segment Insights

    Aerospace Composites Market Segment Insights

    Aerospace Composites Market Segment Insights

    Aerospace Composites Market Application Insights

    Aerospace Composites Market Application Insights

    The Aerospace Composites Market was segmented based on Application into several key categories, namely Aircraft Structures, Interior Components, Propulsion Systems, and Cargo Compartment.

    In 2024, the market for aircraft structures was valued at 12.0 USD Billion, making it a dominant player within this segment. This significant valuation underscored the critical role that composite materials serve in enhancing aircraft performance, reducing weight, and improving fuel efficiency.

    Notably, by 2035, this segment is projected to grow to 18.0 USD Billion, reflecting the increasing adoption of advanced materials in aerospace manufacturing.

    The Interior Components sector was also noteworthy, with a market value of 7.5 USD Billion in 2024, rising to 10.5 USD Billion by 2035. This growth was driven by a rising demand for more fuel-efficient and lightweight interior solutions, which helped in meeting stringent regulatory requirements and enhancing passenger comfort.

    These insights into the Aerospace Composites Market data demonstrated a robust framework for market growth, driven by technological advancements and evolving consumer preferences in the aviation industry. As the market continues to evolve, the potential of these segments remains a focal point for investment and development.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Aerospace Composites Market Material Type Insights

    Aerospace Composites Market Material Type Insights

    The Aerospace Composites Market is witnessing substantial growth. Among the various material types, Carbon Fiber Composites stand out due to their lightweight and high strength, making them essential for improving fuel efficiency and performance in aircraft.

    Glass Fiber Composites also play a crucial role, primarily owing to their cost-effectiveness and versatility, which are advantageous in various aerospace applications. Aramid Fiber Composites, known for their exceptional impact resistance and durability, are significant in manufacturing components that require a high degree of safety and reliability.

    Lastly, Thermoplastic Composites are gaining traction due to their recyclability and resistance to temperature fluctuations, aligning with the industry's shift towards more sustainable practices.

    As the Aerospace Composites Market segmentation continues to evolve, the demand for these materials is supported by advancements in manufacturing technologies and increasing requirements for lightweight and durable components in the aerospace industry.

    Aerospace Composites Market Manufacturing Process Insights

    Aerospace Composites Market Manufacturing Process Insights

    The Aerospace Composites Market, specifically focusing on the Manufacturing Process, is on a growth trajectory due to increasing demand for lightweight materials that enhance fuel efficiency and performance.

    Key methodologies within the manufacturing process include Prepreg Layup and Resin Transfer Molding, both playing crucial roles in producing high-strength components efficiently. Prepreg Layup is significant for its ability to produce complex shapes with excellent structural integrity, while Resin Transfer Molding offers fast production times with less waste, appealing to manufacturers aiming for sustainability.

    Out-of-Autoclave Processes are gaining traction as they reduce dependency on costly autoclaves, making the production of large aerospace parts more accessible. Filament Winding plays an integral role in crafting cylindrical and spherical components, vital for composite tanks and fuselage structures.

    As the Aerospace Composites Market segmentation evolves, these manufacturing methods not only highlight the industry's innovation but also depict the increasing significance of composite materials in aerospace applications. These trends underscore the sector's commitment to improving performance metrics while addressing environmental concerns, thus enhancing overall market growth.

    Aerospace Composites Market End-use Insights

    Aerospace Composites Market End-use Insights

    The Aerospace Composites Market is showing robust growth, particularly within the End-use segment, which encompasses Commercial Aviation, Military Aviation, and General Aviation. Commercial Aviation is a major driver in the market, underpinned by a growing fleet of eco-friendly aircraft and the need for performance upgrades.

    Military Aviation continues to contribute significantly as defense budgets increase globally, demanding lightweight but durable materials for advanced aircraft systems. General Aviation is also expanding, given the rising interest in private flying and business jets, which necessitate high-performance materials.

    These segments highlight a trend towards lighter composite materials for improved operational efficiency and sustainability.

    As global air travel grows, the need for innovative aerospace composite solutions will likely drive the industry's evolution, bolstering the overall Aerospace Composites Market revenue in the coming years. There are growth opportunities present in integrating new technologies and sustainable practices across these End-use categories.

    Get more detailed insights about Aerospace Composites Market Research Report- Global Forecast to 2035

    Regional Insights

    The Aerospace Composites Market reflected a comprehensive landscape segmented regionally. In 2024, North America led at 10.0 USD Billion, accounting for a significant portion due to its robust aerospace industry and continuous innovation.

    Europe followed, valued at 8.0 USD Billion, driven by increasing manufacturing capabilities and environmental regulations that favor lighter materials. The Asia Pacific region, valued at 6.0 USD Billion, was rapidly growing, fueled by rising air travel demand and the expansion of local aircraft manufacturers.

    South America presented a smaller market at 2.5 USD Billion, highlighting emerging opportunities as local industries develop. The Middle East and Africa, valued at 2.09 USD Billion, were gradually enhancing their aerospace sectors, supported by government initiatives.

    Collectively, these figures underlined an evolving market landscape where North America and Europe dominate, driven by advanced technologies and a focus on sustainability, while Asia Pacific shows significant growth potential in the coming years, reflecting the overall Aerospace Composites Market data and statistics.

    The dynamics within each region emphasize various opportunities and challenges, shaping future market growth trajectories.

    Aerospace Composites Market Regional Insights

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Key Players and Competitive Insights

    The competitive landscape of the Aerospace Composites Market is characterized by a dynamic interaction among key players who specialize in innovative materials used in the aerospace industry. With the increasing demand for lightweight yet strong materials aimed at enhancing fuel efficiency and performance, the market has attracted both established companies and new entrants.

    A significant focus is placed on research and development to improve composite technologies, which is crucial for meeting the stringent safety and performance standards set by aerospace regulators. Additionally, the ongoing trends of sustainability and eco-friendly manufacturing practices have prompted firms to innovate and adopt greener alternatives in composite production, setting the stage for competitive advantages.

    DuPont, with its specialized capabilities in materials science, plays a vital role in the Aerospace Composites Market by providing a range of high-performance composites and adhesives tailored for aerospace applications. The company’s portfolio includes key products designed to improve energy efficiency, performance reliability, and environmental sustainability.

    DuPont's market presence is bolstered by its global reach and strategic initiatives, including mergers and acquisitions that have enhanced its technological expertise and expanded its product offerings.

    The company focuses on developing innovative solutions that align with current market trends, making it a strong competitor in the field. In particular, DuPont's commitment to research and development facilitates the introduction of cutting-edge composite materials, ensuring they remain at the forefront of advancements in the aerospace industry.

    Key Companies in the Aerospace Composites Market market include

    Industry Developments

    In October 2023, Lockheed Martin announced enhancements to their composite manufacturing processes aimed at improving efficiency and sustainability. Airbus is focusing on increasing the use of thermoplastic composites in their aircraft designs. Notably, in September 2023, Toray Industries partnered with Boeing to advance composite materials specifically for the aerospace sector, further solidifying their market presence.

    Recent mergers and acquisitions have also shaped the landscape, as seen in August 2023 when Northrop Grumman acquired a smaller firm specializing in composite manufacturing technologies, enhancing their capabilities in defense and commercial aircraft.

    The valuation of companies such as Hexcel Corporation and Solvay has seen a noteworthy increase due to innovations in composite engineering, directly impacting the market by attracting investments and collaborations.

    Additionally, in the past few years, major players have ramped up Research and Development efforts, particularly in 2021, to explore new composite materials, positioning themselves strategically within the evolving aerospace market.

    Future Outlook

    Aerospace Composites Market Future Outlook

    The Aerospace Composites Market is projected to grow at a 3.56% CAGR from 2024 to 2035, driven by advancements in material technology, increasing demand for fuel-efficient aircraft, and rising aerospace production rates.

    New opportunities lie in:

    • Invest in R&D for next-generation lightweight composite materials.
    • Expand manufacturing capabilities to meet rising demand in emerging markets.
    • Leverage digital technologies for enhanced supply chain efficiency and product innovation.

    By 2035, the Aerospace Composites Market is expected to achieve substantial growth, reflecting evolving industry dynamics.

    Market Segmentation

    Aerospace Composites Market End-use Outlook

    • Commercial Aviation
    • Military Aviation
    • General Aviation

    Aerospace Composites Market Regional Outlook

    • North America
    • Europe
    • South America
    • Asia Pacific
    • Middle East and Africa

    Aerospace Composites Market Application Outlook

    • Aircraft Structures
    • Interior Components
    • Propulsion Systems
    • Cargo Compartment

    Aerospace Composites Market Material Type Outlook

    • Carbon Fiber Composites
    • Glass Fiber Composites
    • Aramid Fiber Composites
    • Thermoplastic Composites

    Aerospace Composites Market Manufacturing Process Outlook

    • Prepreg Layup
    • Resin Transfer Molding
    • Out-of-Autoclave Processes
    • Filament Winding

    Report Scope

    Report Attribute/Metric Details
    Market Size 2023 27.6(USD Billion)
    Market Size 2024 28.59(USD Billion)
    Market Size 2035 42.0(USD Billion)
    Compound Annual Growth Rate (CAGR) 3.56% (2025 - 2035)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Billion
    Key Companies Profiled DuPont, Lockheed Martin, Airbus, Toray Industries, SABIC, Northrop Grumman, Fibrtec, Safran, Royal TenCate, 3M, Mitsubishi Heavy Industries, Boeing, Solvay, Hexcel Corporation
    Segments Covered Application, Material Type, Manufacturing Process, End-use, Regional
    Key Market Opportunities Increased demand for lightweight materials, Growth in fuel-efficient aircraft, Advancements in manufacturing technologies, Expanding UAV applications, Rising adoption in space exploration
    Key Market Dynamics rising demand for lightweight materials, increasing fuel efficiency regulations, advancements in composite manufacturing technology, growth in military and defense spending, expanding aircraft production rates
    Countries Covered North America, Europe, APAC, South America, MEA

    Market Highlights

    Author
    Sejal Akre
    Senior Research Analyst

    She has over 5 years of rich experience, in market research and consulting providing valuable market insights to client. Hands on expertise in management consulting, and extensive knowledge in domain including ICT, Automotive & Transportation and Aerospace & Defense. She is skilled in Go-to market strategy, industry analysis, market sizing, in depth company profiling, competitive intelligence & benchmarking and value chain amongst others.

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    FAQs

    What was the market size of the Aerospace Composites Market in 2024?

    The Aerospace Composites Market was valued at 28.59 USD Billion in 2024.

    What will be the market value of the Aerospace Composites Market by 2035?

    By 2035, the Aerospace Composites Market is projected to reach 42.0 USD Billion.

    What is the expected CAGR for the Aerospace Composites Market from 2025 to 2035?

    The market is expected to grow at a CAGR of 3.56% from 2025 to 2035.

    Which region held the largest market share in the Aerospace Composites Market in 2024?

    North America held the largest market share, valued at 10.0 USD Billion in 2024.

    What is the market size for aircraft structures in the Aerospace Composites Market by 2035?

    The market size for aircraft structures is expected to reach 18.0 USD Billion by 2035.

    Which company is one of the key players in the Aerospace Composites Market?

    Lockheed Martin is one of the prominent players in the Aerospace Composites Market.

    How much was the interior components segment valued in 2024 in the Aerospace Composites Market?

    The interior components segment was valued at 7.5 USD Billion in 2024.

    What is the expected market value of the propulsion systems segment by 2035?

    The propulsion systems segment is expected to be valued at 8.0 USD Billion by 2035.

    What was the market size for the cargo compartment segment in 2024?

    The cargo compartment segment was valued at 4.09 USD Billion in 2024.

    Which region is expected to show significant growth in the Aerospace Composites Market by 2035?

    The Asia Pacific region is expected to show significant growth, reaching a value of 9.0 USD Billion by 2035.

    Aerospace Composites Market Research Report- Global Forecast to 2035 Infographic
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