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 Matrix;

Polymer Matrix, Ceramic Matrix, and Metal Matrix

By Application;

Interiors, and Exteriors

By Geography;

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

Aerospace Composites Market Overview

Aerospace Composites Market (USD Million)

Aerospace Composites Market was valued at USD 201,133.29 million in the year 2024. 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%.


Global Aerospace Composites Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 9.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)9.6 %
Market Size (2024)USD 201,133.29 Million
Market Size (2031)USD 382,083.10 Million
Market ConcentrationMedium
Report Pages383
201,133.29
2024
382,083.10
2031

Major Players

  • Solvay Group
  • Hexcel Corp
  • Royal Tencate N.V
  • Teijin Limited
  • Toray Industries, Inc
  • SGL GroupThe Carbon Company
  • Owens Corning
  • Materion Corporation
  • Mitsubishi Rayon Co. Ltd
  • Renegade Materials Corporation

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Aerospace Composites Market

Fragmented - Highly competitive market without dominant players


The Aerospace Composites Market continues to experience robust growth due to the increasing demand for lightweight and high-strength materials that enhance fuel efficiency and reduce operational expenses. These composites now constitute over 45% of commercial aircraft structures, demonstrating their expanding role in improving aircraft performance.

Superior Performance in Harsh Conditions
Aerospace composites offer exceptional mechanical durability, thermal stability, and resistance to corrosion, which significantly extend the lifespan of aircraft components. More than 50% of new aircraft designs now incorporate composite materials, ensuring reliability in challenging flight environments.

Advancements in Composite Manufacturing
Progress in automated manufacturing technologies, such as resin transfer molding and automated fiber placement, is boosting production capabilities. These methods are now used in around 35% of composite part fabrication, supporting scalability and reducing material waste.

Sustainability Driving Market Innovation
The move toward eco-friendly aviation solutions has spurred interest in recyclable and bio-based composite materials. More than 30% of current innovations are focused on sustainable composite development, reflecting an industry-wide push for environmental responsibility and lifecycle efficiency.

  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 Matrix
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. 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. Aerospace Composites Market, By Fiber Type, 2021- 2031(USD Million)
      1. Carbon
      2. Glass
      3. Aramid
      4. Others
    2. 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. Aerospace Composites Market, By Matrix, 2021- 2031(USD Million)
      1. Polymer Matrix
      2. Ceramic Matrix
      3. Metal Matrix
    4. Aerospace Composites Market, By Application, 2021- 2031(USD Million)
      1. Interiors
      2. Exteriors
    5. 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