Global Aerospace Composites Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Fiber Type;

Carbon, Glass, Aramid, and Others.

By Aircraft;

Commercial Aircraft, Military Fixed Wings, Business Aircraft, General Aviation, Jet Engines, Helicopter, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn668006601 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Aerospace Composites Market (USD Million), 2021 - 2031

In the year 2024, the Global Aerospace Composites Market was valued at USD 201,133.29 million. The size of this market is expected to increase to USD 382,083.10 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.6%.

The global aerospace composites market stands at the forefront of innovation and advancement within the aviation industry. Composites, engineered materials composed of two or more constituent materials with significantly different physical or chemical properties, have revolutionized aircraft design and manufacturing. This market is driven by the imperative need for weight reduction, a critical factor in enhancing aircraft performance and fuel efficiency. Aerospace composites offer exceptional strength-to-weight ratios, making them indispensable in the quest for lightweight yet durable aircraft structures.

With an ever-increasing focus on sustainability and environmental responsibility, aerospace composites play a pivotal role in reducing carbon emissions and improving fuel efficiency. These materials enable the design and production of next-generation aircraft that not only meet stringent regulatory standards but also address the growing demand for eco-friendly aviation solutions. Moreover, advancements in manufacturing technologies have streamlined production processes, driving down costs and expanding the accessibility of aerospace composites to a broader market.

The aerospace composites market also faces challenges, including high initial investment and production costs, regulatory complexities, and material performance concerns. Overcoming these obstacles requires concerted efforts from industry stakeholders to innovate and develop solutions that address both technical and regulatory requirements. Despite these challenges, the market presents significant opportunities for growth, particularly in emerging applications such as urban air mobility (UAM), electric aircraft, and sustainable composite technologies.

The global aerospace composites market represents a dynamic and transformative sector within the aviation industry. As demand for lightweight, fuel-efficient aircraft continues to rise, aerospace composites will remain at the forefront of innovation, driving advancements in aircraft design, performance, and sustainability. With ongoing research and development efforts, strategic collaborations, and a commitment to excellence, the aerospace composites market is poised for continued growth and evolution in the years to come.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Fiber Type
    2. Market Snapshot, By Aircraft
    3. Market Snapshot, By Region
  4. Global Aerospace Composites Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Fuel Efficiency and Emission Reduction
        2. Advancements in Manufacturing Technologies
        3. Rising Demand for Lightweight and High-Performance Aircraft
      2. Restraints
        1. Material Limitations and Performance Concerns
        2. Supply Chain Risks and Dependency
        3. Perception and Acceptance Challenges
      3. Opportunities
        1. Investments in Sustainable and Recyclable Composite Technologies
        2. Expansion of Composite Usage in Interior Applications
        3. Partnerships and Collaborations Across the Value Chain
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Aerospace Composites Market, By Fiber Type, 2021- 2031(USD Million)
      1. Carbon
      2. Glass
      3. Aramid
      4. Others
    2. Global Aerospace Composites Market, By Aircraft, 2021- 2031(USD Million)
      1. Commercial Aircraft
      2. Military Fixed Wings
      3. Business Aircraft
      4. General Aviation
      5. Jet Engines
      6. Helicopter
      7. Others
    3. Global Aerospace Composites Market, By Geography, 2021 - 2031(USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Solvay Group
      2. Hexcel Corp
      3. Royal Tencate N.V
      4. Teijin Limited
      5. Toray Industries, Inc
      6. SGL GroupThe Carbon Company
      7. Owens Corning
      8. Materion Corporation
      9. Mitsubishi Rayon Co. Ltd
      10. Renegade Materials Corporation
  7. Analyst Views
  8. Future Outlook of the Market