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

Aerospace Composites Market Overview

Aerospace Composites Market Size was estimated at 27.6 (USD Billion) in 2023. The Aerospace Composites Market is expected to grow from 28.59 (USD Billion) in 2024 to 42 (USD Billion) by 2035. The Aerospace Composites Market CAGR (growth rate) is expected to be around 3.56% during the forecast period (2025 - 2035).Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Key Aerospace Composites Market Trends Highlighted

The growing need for lightweight materials in aircraft manufacture is a major factor driving the aerospace composites market. The requirement for increased fuel efficiency and lower total operating costs is the primary driver of this move towards composites.
Composites, such as carbon fiber-reinforced plastics, are increasingly indispensable in the design and manufacture of numerous airplane components as airlines worldwide continue to search for methods to maximize fuel consumption.
Additionally, strict environmental laws around the world are pushing producers to spend money on sustainable materials, which greatly expands the market for aerospace composites. By concentrating on the expanding defense industry and expanding space exploration endeavors, opportunities in this market can be further capitalized upon.
An important possibility for the use of aerospace composites is the growth of commercial aviation, especially in emerging nations. The need for advanced materials will only increase as nations make investments to upgrade their defense capabilities and modernize their fleets.
Furthermore, the push for hybrid and electric aircraft is opening up new possibilities for composite applications, highlighting the field's potential even more. Recent developments in manufacturing techniques, such 3D printing and automated fiber placement, have made it simpler and more efficient to create intricate composite structures.
Additionally, cooperation between aerospace firms and academic institutions is stimulating innovation and resulting in the launch of novel composite materials with improved durability and performance. The aerospace composites market will continue to develop and grow in accordance with the aviation industry's expanding needs thanks to this emphasis on innovation.

Aerospace Composites Market Drivers

Increasing Demand for Lightweight Materials
The Aerospace Composites Market is projected to witness significant growth due to the increasing demand for lightweight materials in aircraft manufacturing. According to the European Aviation Safety Agency, an estimated reduction of 10% in weight can lead to about 5% fuel savings, which translates to a substantial decrease in operational costs.
Major aerospace companies, such as Boeing and Airbus, have been incorporating composite materials extensively in their aircraft designs to optimize fuel efficiency. For instance, Boeing's 787 Dreamliner features approximately 50% composite materials by weight, highlighting the industry's shift toward advanced composite materials that not only enhance fuel efficiency but also reduce carbon emissions.
As regulations tighten regarding emissions, the movement toward lightweight structures utilizing composites is becoming essential for compliance, thereby driving growth in the Aerospace Composites Market.
Technological Advancements in Manufacturing Processes
Advancements in manufacturing processes are a significant driver for the Aerospace Composites Market. New technologies, such as automated fiber placement and advanced curing techniques, are improving the efficiency and quality of composite production.
The National Institute of Aviation Research reports that techniques like 3D printing are being explored to develop composite structures that result in reduced waste and enhanced complex geometries.
Companies such as Northrop Grumman and Lockheed Martin are investing heavily in Research and Development to refine these processes, which allow for faster production cycles while maintaining high quality. The implementation of these technologies is crucial as it facilitates higher production rates and the ability to meet growing demands in the aerospace sector.
Rising Focus on Environmental Sustainability
The Aerospace Composites Market is also experiencing growth due to the increasing focus on environmental sustainability. Governments and regulatory bodies worldwide are placing greater emphasis on environmentally friendly materials and practices.
For example, the United Nations has set sustainability as part of its Sustainable Development Goals, encouraging industries, including aerospace, to reduce their environmental footprint. Industry leaders like Airbus are developing initiatives aimed at reducing emissions and promoting sustainable aviation fuels, which indirectly boosts the demand for lighter composite materials to facilitate these goals.
The focus on sustainability not only aligns with current trends but also pushes companies to innovate further, thereby impacting the growth of the Aerospace Composites Market.

Aerospace Composites Market Segment Insights

Aerospace Composites Market Application Insights
The Application segment of the Aerospace Composites Market is a vital component that highlights the diverse uses of composite materials within the industry. This segment is expected to significantly contribute to the overall revenue, showcasing the market's robust growth and potential.
The Aircraft Structures category led this segment with a valuation of 10.0 USD Billion in 2024, projected to rise to 15.0 USD Billion by 2035. This dominance reflected the crucial role that aircraft structures played in enhancing performance, reducing weight, and improving fuel efficiency in aviation.
Next, the Interior Components segment was valued at 7.5 USD Billion in 2024 and is anticipated to grow to 10.5 USD Billion by 2035. These components gained prominence due to increasing passenger comfort demands and design flexibility.
Propulsion Systems, with a market valuation of 6.0 USD Billion in 2024, was essential for efficiency and performance enhancements, expected to reach 8.0 USD Billion by 2035. This growth emphasized the significance of advanced materials in engine efficiency, meeting environmental standards, and enhancing safety.
Additionally, the Cargo Compartment segment, valued at 5.09 USD Billion in 2024 and projected to escalate to 8.5 USD Billion by 2035, also became increasingly significant as it supported weight reduction strategies for cargo handling and fuel efficiency.
Together, these components reflect a comprehensive picture of the Aerospace Composites Market revenue structure, showing how each application is integral to advancing aerospace technology and sustainability.
As industries prioritize lightweight materials and performance-driven components, the market growth in these areas is expected to accelerate, driven by ongoing research and development, innovations, and expanding commercial aviation needs.
Factors such as the increasing digitization of aircraft, focus on greener aviation, and evolving safety regulations continue to enhance the importance of composites across these applications, driving a convergence of efficiency, safety, and performance that underpins the Aerospace Market Statistics.
Overall, the segmentation illustrates how integral aerospace composites have become in meeting modern aviation demands and supporting future industry developments.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Aerospace Composites Market Material Type Insights

The Aerospace Composites Market shows a robust framework categorized by Material Type. This segment includes Carbon Fiber Composites, Glass Fiber Composites, Aramid Fiber Composites, and Thermoplastic Composites, each contributing distinct advantages to the aerospace industry.
Carbon Fiber Composites are known for their high strength-to-weight ratio, primarily driving usage in aircraft structures, while Glass Fiber Composites offer cost-effective solutions suitable for various aerospace components.
Aramid Fiber Composites, famed for their resilience and impact resistance, play a critical role in enhancing safety features, particularly in military applications. Thermoplastic Composites are gaining traction due to their recyclability and manufacturing flexibility, catering to the growing demand for sustainable practices in aviation.
The overall Aerospace Composites Market revenue reflects the heightened emphasis on lightweight materials that boost fuel efficiency and reduce emissions. As a result, the growth of these composite materials is closely aligned with advancements in aerospace technology and increasing investments in Research and Development.
The dominant players in this arena are leveraging innovative applications to address regulatory challenges and capitalize on emerging opportunities within the market landscape.

Aerospace Composites Market Manufacturing Process Insights

In the Aerospace Composites Market, the Manufacturing Process segment plays a crucial role in enhancing efficiency and performance. The manufacturing methods such as Prepreg Layup are notable for offering superior quality and weight reduction, which make them essential for aircraft components. Resin Transfer Molding is also significant, allowing for intricate designs and improved production rates.
Out-of-Autoclave Processes are becoming increasingly popular as they reduce manufacturing costs and improve operational flexibility. Meanwhile, Filament Winding is particularly important for producing high-strength composite structures that are lightweight yet durable.
The overall Aerospace Composites Market revenue will be propelled by these manufacturing techniques, which collectively contribute to increased production efficiency. The market growth is bolstered by demand for lighter aircraft, fuel efficiency, and regulations promoting the use of composite materials in aeronautical engineering.
While challenges remain in terms of high initial costs and technical expertise, the opportunities for innovation and improvement in manufacturing processes remain significant as the industry evolves.
Aerospace Composites Market End Use Insights
The segment caters to various end uses, including Commercial Aviation, Military Aviation, and General Aviation, each playing a pivotal role in the market's overall performance. The Commercial Aviation sector is essential due to the increasing demand for lightweight components that enhance fuel efficiency and reduce operational costs for airlines.
Military Aviation emphasizes the need for advanced materials that ensure durability and performance under extreme conditions, reflecting a trend towards modernization in defense capabilities. General Aviation also contributes notably, emphasizing the rising interest in private flying and recreational activities.
With all these end uses driving innovation, the Aerospace Composites Market data exhibits a steady growth trajectory, supported by ongoing investments in Research and Development and the need for sustainable aviation solutions.
initiatives favoring lightweight materials are further driving this market growth, presenting multiple opportunities for stakeholders across the industry as technology evolves to meet diverse aviation demands.
Aerospace Composites Market Regional Insights
The Aerospace Composites Market showed significant regional variations, with North America leading the market, valued at 10.5 USD Billion in 2024 and expected to grow to 16.0 USD Billion by 2035. This dominance was primarily due to the presence of major aerospace manufacturers and advancements in composite technologies in the region.
Europe followed as a significant player, with a market valuation of 7.0 USD Billion in 2024, projected to reach 10.5 USD Billion in 2035, attributed to stringent regulations promoting lightweight materials in aircraft design.
The Asia-Pacific (APAC) region, valued at 6.0 USD Billion in 2024, is anticipated to expand to 8.8 USD Billion by 2035, driven by the rise in air travel and increasing investments in aviation infrastructure, reflecting a growing market influence.
South America, with a valuation of 2.0 USD Billion in 2024, was smaller yet essential, expected to reach 3.0 USD Billion by 2035 as local manufacturers gain traction. Lastly, the Middle East and Africa (MEA) region contributed with a valuation of 3.0 USD Billion in 2024, likely to grow to 4.7 USD Billion by 2035, supported by increasing defense spending.
These insights into the Aerospace Composites Market segmentation revealed a landscape ripe with opportunities, driven by technological advancements and rising demand for lightweight materials across the globe.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Aerospace Composites Market Key Players and Competitive Insights
The competitive landscape of the Aerospace Composites Market is characterized by significant advancements in material technology, production techniques, and strategic collaborations among key players in the industry. Companies are increasingly focusing on lightweight composite materials that enhance fuel efficiency and overall performance of aircraft.
The market is influenced by the rising demand for commercial airlines, defense aircraft, and space exploration, driving the need for innovative composite solutions. Competitive insights reveal that organizations are investing heavily in research and development to enhance their product offerings and maintain a competitive edge.
The ongoing trends towards sustainability and the use of greener materials further shape the strategies adopted by market participants, impacting their positioning and growth potential within the framework.
Solvay holds a prominent position in the Aerospace Composites Market, leveraging its extensive expertise in advanced materials to deliver high-performance solutions. The company's strong emphasis on innovation and sustainability allows it to cater to the specific demands of the aerospace sector effectively.
Solvay's diverse portfolio, which includes high-strength thermoplastic and thermoset composite materials, positions the company as a key supplier to leading aircraft manufacturers around the globe. Its robust supply chain management and commitment to quality assurance contribute to its reputation within the aerospace industry.
By fostering strategic partnerships and expanding its production capabilities, Solvay is further enhancing its market presence, making it a competitive powerhouse in the landscape.
Teijin is also a significant player in the Aerospace Composites Market, known for its comprehensive range of advanced composite products that cater to the aerospace sector. With a strong focus on innovation, Teijin offers high-performance carbon fiber composites, which are crucial in the design and manufacturing of lightweight and durable aircraft structures.
The company's presence is reinforced through strategic collaborations aimed at enhancing its composite technologies and expanding its reach. Teijin's strengths lie in its commitment to quality, a diverse product portfolio, and its proactive approach to mergers and acquisitions, which help bolster its market position.
Furthermore, Teijin's efforts in research and development ensure that it remains competitive by continuously introducing new and improved composite solutions tailored toward the evolving needs of the aerospace industry globally.
Key Companies in the Aerospace Composites Market Include

• Solvay


• Teijin


• SABIC


• Mitsubishi Chemical


• Airbus


• Toray Industries


• Northrop Grumman


• Boeing


• Lockheed Martin


• Kaman


• Gurit


• Hexcel


• Safran


• 3M


• General Electric

Aerospace Composites Market Developments
Recent developments in the Aerospace Composites Market have highlighted significant advancements and shifts within key industry players. Companies such as Solvay, Teijin, and Hexcel are actively enhancing their composite materials to meet the growing demand for lightweight, high-performance components.
In September 2023, Boeing announced an increase in production of its composite components in response to the surging demand for aircraft worldwide, further underscoring the vital role of aerospace composites in modernization efforts.
In the merger and acquisition landscape, Mitsubishi Chemical acquired a stake in Gurit in early August 2023, aiming to enhance its product offerings in aerospace applications. Meanwhile, Lockheed Martin and Northrop Grumman have announced new collaborative projects to deliver composite solutions for advanced military aircraft, focusing on enhanced durability and reduced weight.
Additionally, growth in market valuations for companies like General Electric, which reported a 15% increase in composite-derived revenue in Q2 2023, illustrates the expanding role of composite materials in commercial aviation and defense sectors. The demand for these advanced materials continues to rise, driven by trends towards sustainability and efficiency in aerospace manufacturing.
Aerospace Composites Market Segmentation Insights

• 
  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
  
  
  
  


• 
  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
  
  
  
  

 

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	Solvay, Teijin, SABIC, Mitsubishi Chemical, Airbus, Toray Industries, Northrop Grumman, Boeing, Lockheed Martin, Kaman, Gurit, Hexcel, Safran, 3M, General Electric
Segments Covered	Application, Material Type, Manufacturing Process, End Use, Regional
Key Market Opportunities	Sustainable material innovation, Increased demand for lightweight components, Growth in air travel industry, Advances in 3D printing technologies, Expanding military aerospace applications
Key Market Dynamics	Sustainability and environmental regulations, increasing demand for lightweight materials, advancements in manufacturing technologies, growing aerospace industry, and enhanced structural performance requirements.
Countries Covered	North America, Europe, APAC, South America, MEA