Aerospace Composites Market Growth, Size, Trends ,Analysis, Competitive Strategies and Segment Forecast to 2034
Global Aerospace Composites Market Growth, Size, Trends Analysis - By Fiber Type, By Matrix, By Aircraft Type, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Jul-2025 | Report ID: AERO2518 | Pages: 1 - 244 | Formats*: |
| Category : Aerospace and Defence | |||
Aerospace Composites Market Introduction and Overview
According to SPER Market Research, the Global Aerospace Composites Market is estimated to reach USD 101.19 billion by 2034 with a CAGR of 13.03%.
The report includes an in-depth analysis of the Global Aerospace Composites Market, including market size and trends, product mix, Applications, and supplier analysis. The market for aircraft composites was estimated to be worth USD 29.73 billion in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 13.03% between 2025 and 2034. The aerospace composites sector continues to advance as aircraft manufacturers pursue lightweight, high-performance materials. Airlines and manufacturers are increasingly adopting advanced composites, especially carbon fiber materials, to comply with environmental regulations and enhance fuel efficiency. These materials provide superior strength-to-weight ratios compared to traditional alternatives, contributing to reduced aircraft weight and fuel consumption while minimizing emissions.
By Fiber Type Insights
The market for aerospace composites is separated into several fibre types, such as glass, carbon, ceramic, and others. The carbon fiber segment has a significant market share in 2024 and is predicted to grow rapidly. Carbon fiber is favored in the aerospace industry due to its light weight and strength. Aircraft manufacturers use it for wings, fuselage, and interiors to enhance fuel efficiency and performance. Both commercial and military aircraft benefit from these materials, and their use is increasing with the push for better fuel efficiency and sustainability. The rising demand for carbon fiber has led to investments in recycling technologies to address environmental concerns and reduce costs, with advancements in chemical recycling and recyclable thermoplastic composites enhancing production and disposal processes.
By Matrix Insights
The market is segmented by matrix type into polymer matrix, ceramic matrix, and metal matrix. The ceramic matrix segment is expected to see the fastest growth rate until 2034. Ceramic matrix composites (CMCs) are important in aerospace and defense for their high-temperature resistance, making them suitable for engine components. Although CMCs are costly due to complex manufacturing, advancements like 3D printing are reducing these costs and fostering adoption in commercial aerospace and automotive sectors.
Regional Insights
North America led the aerospace composites market in 2024. The United States military modernization initiative is driving an increased utilization of aerospace composites in next-generation fighter aircraft, unmanned aerial vehicles (UAVs), and space exploration systems. These materials provide the necessary strength-to-weight ratio and durability required for high-performance military applications, resulting in heightened demand for specialized materials across defense platforms.
Market Competitive Landscape
Prominent companies such as Solvay, Toray, SGL Carbon, and Hexcel are engaged in intense competition within the aerospace composites sector. These firms focus on innovation and establish strategic alliances to enhance their product lines, particularly in carbon fiber, ceramic matrix, and polymer matrix composites. With the increasing demand for lightweight, high-performance materials in commercial, military, and space applications, these companies are making substantial investments in research, refining their manufacturing techniques, and expanding their global reach. They also collaborate closely with aerospace manufacturers to develop tailored solutions that address industry requirements, thereby contributing to technological advancements in the market.
Recent Developments:
In May 2025, Syensqo demonstrated innovations in high-temperature composite technology by using CYCOM?5250-4HT prepreg in place of titanium in the exhaust nozzle of Boeing's MQ-25 Stingray UAV.
In February 2024, Hexcel and Arkema established a joint venture aimed at creating thermoplastic composites intended for recycling within the aerospace sector, thereby promoting sustainability.
In June 2024, Airbus conducted a flight test of a bio-fiber nose panel on the H145 PioneerLab, demonstrating performance equivalence with traditional carbon fiber.
Toray Advanced Composites unveiled the Toray Cetex TC1130 PESU thermoplastic composite material in September 2024. This material meets the growing need for lightweight and sustainable options in aircraft interior applications, providing advantages to the aerospace industry.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Fiber Type, By Matrix, By Aircraft Type, By Application |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa |
| Companies Covered | Absolute Composites, Aernnova Aerospace, Avior Integrated Products, Collins Aerospace, FDC Composites, General Dynamics, Hexcel, Lee Aerospace, Materion, Mitsubishi Chemical, SGL Carbon, Solvay. |
Key Topics Covered in the Report
- Global Aerospace Composites Market Size (FY’2021-FY’2034)
- Overview of Global Aerospace Composites Market
- Segmentation of Global Aerospace Composites Market By Fiber Type (Glass fiber, Carbon fiber, Ceramic fiber, Others)
- Segmentation of Global Aerospace Composites Market By Matrix (Polymer matrix, Thermoplastic polymer matrix, Ceramic matrix, Metal matrix)
- Segmentation of Global Aerospace Composites Market By Aircraft Type (Commercial, Military & defense aircraft, Others)
- Segmentation of Global Aerospace Composites Market By Application (Exterior, Interior)
- Statistical Snap of Global Aerospace Composites Market
- Expansion Analysis of Global Aerospace Composites Market
- Problems and Obstacles in Global Aerospace Composites Market
- Competitive Landscape in the Global Aerospace Composites Market
- Details on Current Investment in Global Aerospace Composites Market
- Competitive Analysis of Global Aerospace Composites Market
- Prominent Players in the Global Aerospace Composites Market
- SWOT Analysis of Global Aerospace Composites Market
- Global Aerospace Composites Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1.Introduction
1.1.Scope of the report1.2.Market segment analysis
2.Research Methodology
2.1.Research data source2.1.1.Secondary Data2.1.2.Primary Data2.1.3.SPERs internal database2.1.4.Premium insight from KOLs2.2.Market size estimation2.2.1.Top-down and Bottom-up approach2.3.Data triangulation
3.Executive Summary
4.Market Dynamics
4.1.Driver, Restraint, Opportunity and Challenges analysis
4.1.1.Drivers4.1.2.Restraints4.1.3.Opportunities4.1.4.Challenges
5.Market variable and outlook
5.1.SWOT Analysis5.1.1.Strengths5.1.2.Weaknesses5.1.3.Opportunities5.1.4.Threats5.2.PESTEL Analysis5.2.1.Political Landscape5.2.2.Economic Landscape5.2.3.Social Landscape5.2.4.Technological Landscape5.2.5.Environmental Landscape5.2.6.Legal Landscape5.3.PORTER’s Five Forces5.3.1.Bargaining power of suppliers5.3.2.Bargaining power of buyers5.3.3.Threat of Substitute5.3.4.Threat of new entrant5.3.5.Competitive rivalry5.4.Heat Map Analysis
6.Competitive Landscape
6.1.Global Aerospace Composites Market Manufacturing Base Distribution, Sales Area, Product Type6.2.Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Aerospace Composites Market
7.Global Aerospace Composites Market, By Fiber Type (USD Million) 2021-2034
7.1.Glass fiber7.2.Carbon fiber7.3.Ceramic fiber7.4.Others
8.Global Aerospace Composites Market, By Matrix (USD Million) 2021-2034
8.1.Polymer matrix8.1.1.Thermoset polymer matrix8.1.2.Thermoplastic polymer matrix8.2.Ceramic matrix8.3.Metal matrix
9.Global Aerospace Composites Market, By Aircraft Type (USD Million) 2021-2034
9.1.Commercial9.1.1.Narrow-body9.1.2.Wide-body9.1.3.Business jet9.1.4.Turboprop9.2.Military & defense aircraft9.3.Others
10.Global Aerospace Composites Market, By Application (USD Million) 2021-2034
10.1.Exterior10.1.1.Fuselage10.1.2.Engine10.1.3.Wings10.1.4.Rotor blades10.1.5.Tail boom10.2.Interior10.2.1.Seats10.2.2.Cabin10.2.3.Sandwich panels10.2.4.Environmental control system (ECS) ducting
11.Global Aerospace Composites Market, (USD Million) 2021-2034
11.1.Global Aerospace Composites Market Size and Market Share
12.Global Aerospace Composites Market, By Region, (USD Million) 2021-2034
12.1.Asia-Pacific12.1.1.Australia12.1.2.China12.1.3.India12.1.4.Japan12.1.5.South Korea12.1.6.Rest of Asia-Pacific12.2.Europe12.2.1.France12.2.2.Germany12.2.3.Italy12.2.4.Spain12.2.5.United Kingdom12.2.6.Rest of Europe12.3.Middle East and Africa12.3.1.Kingdom of Saudi Arabia12.3.2.United Arab Emirates12.3.3.Qatar12.3.4.South Africa12.3.5.Egypt12.3.6.Morocco12.3.7.Nigeria12.3.8.Rest of Middle-East and Africa12.4.North America12.4.1.Canada12.4.2.Mexico12.4.3.United States12.5.Latin America12.5.1.Argentina12.5.2.Brazil12.5.3.Rest of Latin America
13.Company Profile
13.1.Absolute Composites13.1.1.Company details13.1.2.Financial outlook13.1.3.Product summary13.1.4.Recent developments13.2.Aernnova Aerospace13.2.1.Company details13.2.2.Financial outlook13.2.3.Product summary13.2.4.Recent developments13.3.Avior Integrated Products13.3.1.Company details13.3.2.Financial outlook13.3.3.Product summary13.3.4.Recent developments13.4.Collins Aerospace13.4.1.Company details13.4.2.Financial outlook13.4.3.Product summary13.4.4.Recent developments13.5.FDC Composites13.5.1.Company details13.5.2.Financial outlook13.5.3.Product summary13.5.4.Recent developments13.6.General Dynamics13.6.1.Company details13.6.2.Financial outlook13.6.3.Product summary13.6.4.Recent developments13.7.Hexcel13.7.1.Company details13.7.2.Financial outlook13.7.3.Product summary13.7.4.Recent developments13.8.Lee Aerospace13.8.1.Company details13.8.2.Financial outlook13.8.3.Product summary13.8.4.Recent developments13.9.Materion13.9.1.Company details13.9.2.Financial outlook13.9.3.Product summary13.9.4.Recent developments13.10.Mitsubishi Chemical13.10.1.Company details13.10.2.Financial outlook13.10.3.Product summary13.10.4.Recent developments13.11.SGL Carbon13.11.1.Company details13.11.2.Financial outlook13.11.3.Product summary13.11.4.Recent developments13.12.Solvay13.12.1.Company details13.12.2.Financial outlook13.12.3.Product summary13.12.4.Recent developments13.13.Others
14.Conclusion
15.List of Abbreviations
16.Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
You can get the sample pages by clicking the link - Click Here
Aerospace Composites Market size is USD 101.19 from 2025 to 2034.
Aerospace Composites Market covered By Fiber Type, By Matrix, By Aircraft Type, By Application
The North America is anticipated to have the highest Market share in the Aerospace Composites Market .
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Absolute Composites, Aernnova Aerospace, Avior Integrated Products, Collins Aerospace, FDC Composites, General Dynamics, Hexcel, Lee Aerospace, Materion, Mitsubishi Chemical, SGL Carbon, Solvay."
The report includes an in-depth analysis of the Global Aerospace Composites Market, including market size and trends, product mix, Applications, and supplier analysis
Aerospace Composites Market projected to reach USD 101.19 by 2034, growing at a CAGR of 13.03 % during the forecast period.
Aerospace Composites Market from 2025. The Market is expected to reach USD 101.19 by 2034, at a CAGR of 13.03% during the forecast period.
Aerospace Composites Market CAGR of 13,03% during the forecast period.
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