Aerospace Composites Market Outlook:
Aerospace Composites Market size was over USD 32.93 billion in 2025 and is projected to reach USD 104.12 billion by 2035, growing at around 12.2% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of aerospace composites is evaluated at USD 36.55 billion.
Increasing aerospace and defense sectors across the world are expected to boost market growth during the forecast period. The aerospace sector is expanding as a result of the rising demand for modern, cutting-edge aircraft, in addition to the necessity of replacing outdated aircraft. Owing to their widespread application in airplane construction, interiors, and propulsion systems, composite materials are in high demand. Composite materials are also widely used in the defense industry, notably in aircraft and missile systems, and it is predicted to surge the market’s growth. As per the U.S International Trade Administration, the U.S. aerospace industry stood as the second-largest exporter with a 5.3% growth rate in the past decade.
The reducing cost of carbon fibers, one of the composite materials used in aerospace is estimated to boost the aerospace carbon fiber composites market growth on account of reducing raw material prices such as rayon and pitch. Also, technological advancements and low energy costs are other factors influencing the aerospace composites market growth.
Key Aerospace Composites Market Insights Summary:
Regional Highlights:
- North America aerospace composites market will secure around 35% share by 2035, fueled by demand in defense and R&D for aerospace composites in the region.
Segment Insights:
- The carbon fiber segment in the aerospace composites market is projected to experience the highest CAGR through 2035, driven by the widespread use of carbon fiber in aircraft composites due to its high durability and low weight.
- The commercial aircraft segment in the aerospace composites market is projected to maintain the largest share by 2035, attributed to major advancements in the civilian aerospace segment and increased use of composites in midsize aircraft construction.
Key Growth Trends:
- Increasing Performance Requirements
- Easy Availability and Flexibility in Design
Major Challenges:
- High Cost of Composites
- Reduction in the Number of Commercial Aircraft Shipments
Key Players: Owens Corning, Hexcel Corporation, LMI Aerospace, Inc., Toray TCAC Holding B.V, Teijin Aramid B.V., Solvay S.A., Mitsubishi Chemical Corporation, VX Aerospace Corporation, SGL Carbon, Unitech Group.
Global Aerospace Composites Market Forecast and Regional Outlook:
Market Size & Growth Projections:
- 2025 Market Size: USD 32.93 billion
- 2026 Market Size: USD 36.55 billion
- Projected Market Size: USD 104.12 billion by 2035
- Growth Forecasts: 12.2% CAGR (2026-2035)
Key Regional Dynamics:
- Largest Region: North America (35% Share by 2035)
- Fastest Growing Region: Asia Pacific
- Dominating Countries: United States, China, Germany, France, United Kingdom
- Emerging Countries: China, India, Japan, South Korea, Brazil
Last updated on : 9 September, 2025
Aerospace Composites Market Growth Drivers and Challenges:
Growth Drivers
- Increasing Performance Requirements – Composites are being used by aviation companies as a way to make airplanes that are more effective and capable. In comparison to conventional materials such as metals, composites provide several important advantages, such as reduced weight, a high tensile factor, and increased durability. It is estimated that composites help to increase fuel savings by over 15% in 787 Dreamliner aircraft.
- Easy Availability and Flexibility in Design– Composites may be easily produced in a broad range of forms and sizes and are generally accessible. They are therefore suitable for use in aircraft applications that need complicated designs and precise specifications. Aerospace manufacturers can produce distinctive and cutting-edge designs thanks to the freedom of design, which is not achievable with conventional materials. The composite materials utilized in the aerospace sector promote over 50% weight savings and 5 times more strength, and 2 times more stiffness.
- Rising Aviation Sector – The need for newer, more advanced aircraft is growing along with the aviation industry. As a result, composite materials are increasingly being used to build airplanes, as they have certain benefits over more conventional materials such as metal. As per the India Brand Equity Foundation, the Indian aviation industry is the world’s third-largest domestic aviation. With an air traffic movement of 613,566 in 2022-2023 raised from 300,405 in 2021-2022 i.e., an increase of 104.24%.
- Increasing Demand for Light Weight Composite Materials – Increasing Demand for Light Weight Composite Materials – A significant weight reduction is achieved by the use of lightweight materials to increase an aircraft's range and fuel economy. As they enable the production of more effective and economical to operate aircraft, they are appealing to both civil and fighter aircraft makers. Composite materials such as carbon fibers in the aerospace industry reduce 90% of metal weight, increase efficiency, and decrease aviation emissions by over 40% by 2050.
- Prevents Anticorrosion Issues – As per the reported data, the corrosion and structural repair issues can be 100% eliminated with aerospace composites. Hence, metals such as aluminum are replaced with composites in aluminum aircraft.
Challenges
- High Cost of Composites - They are not as affordable as other materials, such as steel and copper. As a result, they are usually sold at a very high price, which makes them a less desirable product in various end-use industries. Therefore, this factor is expected to limit aerospace composites market growth in the coming years.
- Reduction in the Number of Commercial Aircraft Shipments
- Problems Associated with Long-Haul Flight Durability
Aerospace Composites Market Size and Forecast:
| Report Attribute | Details |
|---|---|
|
Base Year |
2025 |
|
Forecast Period |
2026-2035 |
|
CAGR |
12.2% |
|
Base Year Market Size (2025) |
USD 32.93 billion |
|
Forecast Year Market Size (2035) |
USD 104.12 billion |
|
Regional Scope |
|
Aerospace Composites Market Segmentation:
Fiber Segment Analysis
The global aerospace composites market is also segmented and analyzed for demand and supply by fiber into carbon, ceramic, and glass. Out of these segments, the carbon fiber segment is projected to witness the highest market growth, as carbon fiber is the most widely used material for aircraft composites. Moreover, aerospace applications frequently employ carbon fiber composites owing to their high durability and low weight. They are often utilized in propulsion technology, interiors, and aircraft construction, including wings and fuselages. However, compared to carbon and glass fibers, advanced ceramics are employed in aircraft applications less frequently. They are utilized in applications such as heat shields and engine components due to their excellent temperature resistance. Glass fiber composites are often employed in the aerospace industry, especially in applications that need strong impact resistance and beneficial fatigue qualities. They are often utilized in propulsion systems, interiors, and aircraft construction, including wings and fuselages. According to the stated data, it is estimated that over 155,000 tons of carbon fiber are produced worldwide every year.
Aircraft Type Segment Analysis
The global aerospace composites market is segmented and analyzed for demand and supply by aircraft type into commercial aircraft, business and general aviation, civil helicopter, and military aircraft. Out of these, commercial aircraft are anticipated to hold the largest market size by the end of 2035 on the back of major advancements in the civilian aerospace segment, and increased use of composites in the construction of midsize aircraft. As per the observations, the demand for about 40,000 airplanes is projected across the world by 2040.
Our in-depth analysis of the global market includes the following segments:
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By Fiber |
|
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By Matrix Type |
|
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By Aircraft Type |
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Vishnu Nair
Head - Global Business DevelopmentCustomize this report to your requirements — connect with our consultant for personalized insights and options.
Aerospace Composites Market Regional Analysis:
North America region is set to dominate around 35% market share by 2035, on the account of rising demand for aerospace and defense companies. It is also fueled by the existence of several R&D facilities that are devoted to creating novel and cutting-edge composite materials and production processes. This supports the growth of the regional market. Moreover, given that the United States is one of the world's leading militaries, a sizable number of military aircraft producers and suppliers likewise populate the North American market. As per the estimates, the North America has the biggest jet fleet in the globe as of 2019 with over 15,500 registered aircraft. The U.S. comprises over 90% of the world’s jet production.
Aerospace Composites Market Players:
- Owens Corning
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Hexcel Corporation
- LMI Aerospace, Inc.
- Toray TCAC Holding B.V
- Teijin Aramid B.V.
- Solvay S.A.
- Mitsubishi Chemical Corporation
- VX Aerospace Corporation
- SGL Carbon
- Unitech Group
Recent Developments
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Hexcel Corporation signed a long-term collaboration to supply carbon fiber prepreg to Dassault for the Falcon 10X program in manufacturing aircraft wings. That was the first business jet program for Dassault to include high-performance advanced carbon fiber composites in aircraft.
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Solvay S.A declared the completion of the new thermoplastic composites manufacturing facility at the Greenville, South Carolina site. The portfolio includes ‘Evolite’, which provides reliability and low-cost ownership in the market, and ‘Aromatic Polymer Composite tapes’ to provide notable weight and cost benefits in aerospace and urban air mobility applications.
- Report ID: 3822
- Published Date: Sep 09, 2025
- Report Format: PDF, PPT
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