Aerospace Composites Market Size, Share, Growth, and Industry Analysis, By Type (Celanese Carbon Fiber, Glass Fiber, Aramid Fiber, Epoxy, and Phenolic), By Application (Commercial Aviation and Military Aerospace), and Regional Insights and Forecast to 2034

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AEROSPACE COMPOSITES MARKET OVERVIEW

The global Aerospace Composites Market size is USD 30.27 billion in 2025 and is projected to touch USD 47.80 billion by 2034, exhibiting a CAGR of 5.5% during the forecast period.

The aerospace composites market is vital in contemporary air and space sectors, which is necessitated by the necessity of lightweight, lasting, and fuel-competent materials. Advanced carbon, glass, and aramid fibres embedded in a resin component are used to manufacture aerospace composites, which exhibit a higher strength-to-weight ratio than those of the traditional metals. The common areas where the materials have been employed include aircraft structural design, engine parts, interiors, and spacecraft to improve performance and minimize the cost of operation. The market is also undergoing a high growth rate owing to increasing aircraft manufacturing, escalation of security expenditures, and the transition to environmentally friendly aviation. Resin chemistry and manufacturing technologies are continuously achieving new advances, so aerospace composites will continue to become a staple of the aerospace engineering of the future.

COVID-19 IMPACT

Aerospace Composites Industry Had a Negative Effect Due to Market surge during COVID-19 Pandemic

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.

The COVID-19 pandemic had a drastic negative impact on the aerospace composites market since air travel was halted across the globe, and the level of manufactured aircraft dramatically decreased. Supply chain issues, shortage of labour, and waiting periods in the availability of raw materials added further setbacks in manufacturing processes. OEMs, major players in the aerospace industry, cut back the orders of composite material because of fleets that had been grounded and aircraft that had been delayed. This caused a significant decline in the market demand, which accentuates the detrimental consequences of the pandemic on the aerospace composites market.

LATEST TRENDS

Thermoplastic composites drive market growth through recyclability and efficiency

Recyclability of thermoplastic composites, as well as lower processing time and weight advantages, is one of the most recent trends in the aerospace composites market. Thermoplastics can be remoulded and recycled, unlike conventional thermoset composites, thus also being very appealing to sustainable aviation. Their capability to make the production cycle and fuel consumption more efficient has earned them interest from the major aircraft manufacturers. This transition to thermoplastic composites is positioning itself as one of the most important factors ahead of airplane materials.

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AEROSPACE COMPOSITES MARKET SEGMENTATION

By Type

Based on Type, the global market can be categorized into Celanese Carbon Fiber, Glass Fiber, Aramid Fiber, Epoxy, and Phenolic

• Carbon Fiber: In the aerospace industry, carbon fiber composites are predominant because of their high strength-to-weight ratio and lasting capacity over metal. They are extensively applied in the fuel efficiency and performances of aircraft fuselages, wings, and engine components. The growing applications of carbon fiber products in commercial and military planes are contributing to the rising demand for this lightweight material.

• Glass Fiber: Glass fiber composites have been appreciated in the aerospace industry due to cost aspects and strength possessed. They are mostly applied in non-critical applications such as secondary structures, interiors, and redoes. Their low prices and flexible use create the preference for them in certain aerospace uses.

• Aramid Fiber: Aramid fiber composites are excellent impact and fatigue performers at high temperatures; hence, they can be used in aerospace safety-critical applications. They find application in areas that need vibration absorption, such as ballistic sealing, some interior coverings, and even ballistic covering. They also allow aircraft high levels of efficiency and safety because of their lightweight.

• Epoxy: Epoxy resin-based composite materials are pre-eminently utilized in the aerospace industries because of their high strength and strong adhesivity. They are excellent chemical and thermal resistant, and they apply well in stiffening applications. Epoxy has been one of the most widely utilized matrix materials in the aerospace manufacture of composites.

• Phenolic: The phenolic resin composites are appreciated as FST-resistant aerospace applications. They are widely used in the interiors of aircraft, like wall panels, floors, and cabin parts. The regulatory instruments use them because of their superior level of flame retardance needed to guarantee the safety of passengers.

By Application

Based on Application, the global market can be categorized into Commercial Aviation and Military Aerospace

• Commercial Aviation: Aerospace composites are also highly applied in commercial aviation because they are also lightweight and help to increase fuel efficiency. They are used in fuselages, wings, and provisions of the cabin to allow airlines to reduce their operating expenses and meet the emission algorithm. The imminent surging requirement of new-generation aircraft with fuel efficiency is one factor that is spurring the adoption of composites in aircraft in the global fleet. As more people use airplanes, aircraft manufacturers are ramping up the production, which adds to the application of commercial aviation composites.

• Military Aerospace: In the military aerospace, composites are critical in the production of fighter jets, helicopters, drones, and defense space yachts. Thanks to their good strength, durability, and resistance to harsh conditions, they are perfectly suited to high-tech defense applications. Composites also have been utilized in improving stealth in the modern aircraft by diminishing radar cross-sections. The growing expenditures in defense and modernization programs of various countries throughout the world are increasing at a rapid pace, spurring the use of composites in the military aviation sector.

MARKET DYNAMICS

Market dynamics include driving and restraining factors, opportunities and challenges stating the market conditions.

Driving Factor

Lightweight composites boost market growth by improving fuel efficiency

The primary motivating factor for the aerospace composites market is the increasing need to use materials that are lightweight to enhance fuel efficiency and also lower emissions. Advanced composite products like carbon fiber-reinforced polymers are superior in terms of weight-to-strength ratio, making the aircraft more aerodynamic and diminishing operational costs. Due to stringent international policies regarding carbon emission, airlines are embracing the use of fuel-efficient planes. The trend has triggered manufacturers to incorporate the use of composites in major components such as the fuselage, wings, and engine nacelles. Consequently, the initiative toward more environmentally friendly flights is greatly enhancing the use of aerospace composites.

Rising commercial and defense aircraft demand fuels composites market growth

The second reason that has contributed to the market growth is the increase in the production of commercial aircraft and the allocation of money to defense. Increasing traffic of passengers and the retirement of old fleets are compelling the aircraft manufacturers to seek capacity to grow their production. At the same time, governments are heavily investing in military planes, drones, and space programs in which composites are a key factor of high performance and durability. These materials have improved resistance to extreme conditions, and they are, therefore, suitable for defense applications. As a result, the twofold pressure of the commercial and defense sectors is stimulating demand in the global aerospace composites market growth.

Restraining Factor

High production costs hinder composites market growth in price-sensitive regions

Another prominent limiting factor on the aerospace composites industry is the fact that it is a costly product to manufacture and procure. Advanced composites such as carbon fiber are costly to produce because of the intricate structure production and special equipment needs. This increases their cost to smaller manufacturers and the cost of aircraft production in general. There is also the complication of repair and maintenance of composite structures as compared to metals, thus adding to life cycle costs. Such barriers to the implementation of aerospace composites persist, at least in price-sensitive markets.

Next-gen sustainable aviation technologies drive composites market growth opportunities

Opportunity

Another area of opportunity that the aerospace composites market offers is the production of next-generation, more sustainable aerospace and intra-urban aerospace solutions. Lightweight composites will be in demand due to the aviation industry going electric and hybrid in airplanes.

These materials increase energy efficiency and flight endurance as well as the compatibility of superior propulsion systems. Further, the rising interest in air taxis, drones, and spaceships has introduced new possibilities for using composites. Such a growing role makes aerospace composites key to future aviation technologies.

Recycling challenges of composites hinder sustainable composites market growth

Challenge

One of the major issues that the aerospace composites market struggles against is the intricacy that surrounds the recycling and disposal of composite materials. Unlike metals, composites like carbon fiber and thermoset resins are not easily recyclable: both cannot be remelted, owing to their cross-linked systems.

This poses environmental challenges and is the limiting factor of the circular economy in the aerospace sector. Also, the disposal is of great concern due to regulatory pressure on sustained practice. That challenge must be overcome in order to ensure long-term aerospace composite adoption and growth.

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AEROSPACE COMPOSITES MARKET REGIONAL INSIGHTS

• North America

North America leads composites market growth with strong manufacturing presence

North America is the largest and dominates the aerospace composites market because of its sizeable aerospace manufacturing industry, well-developed R&D activities, and leading aircraft OEMs that are based in the region. The region is favoured by a strong demand for the next-generation commercial and military aircraft, as well as further investments in space exploration. Positive governmental programs and technological progress also contribute to the increase in the size of the market. The United States Aerospace Composites Market is an important market as Boeing, Lockheed Martin, and NASA continue to call upon advanced composites in larger numbers. In North America, the United States plays the most prominent role in innovation and mass use of the commercial and defense aerospace industries.

• Europe

Europe drives market growth through innovation and sustainable aviation

Europe holds remarkable contribution aerospace composites market share with the existence of major aircraft companies like Airbus and intense defense programs. The area also focuses on lightweight, efficient fuel consumption and economical aircraft without compromising the sustainability of the aircraft. High R&D activities and partnerships with material providers further support technological innovation. Composite usage is increased by growing investments in urban air mobility and space exploration. Fast food with green aviation, Europe remains of central importance in the development and use of aerospace composites.

• Asia

Asia’s booming aviation and defense sectors accelerate market growth

In Asia, the aerospace composites market is adding value due to the rapid growth of its aviation sector and increased aircraft output as a response to the increasing inflow of passengers. The likes of China, India, and Japan are putting a lot of money into aerospace programs, both in commercial and defense. The manufacturers in Asia are also moving to composites due to weight reduction and enhancement of commercial aircraft. Increasing government efforts to enhance self-sustenance of aerospace industries are other catalysts to market growth. As a result of growing airlines and military modernization efforts, Asia is to emerge as a major growth driver of aerospace composites worldwide.

KEY INDUSTRY PLAYERS

Key players’ innovation and alliances drive market growth globally

The presence of key industry players with high capacity to influence the overall market situation is greatly affecting the aerospace composites market by their constant innovation, strategic alliances, and globalization demand. Major players are conducting intensive R\&D to come up with superior materials that are stronger, more durable, and lightweight in the next aircraft design. The development of alliances with defense organizations and aircraft manufacturers is promoting the utilization of different products in the areas of commerce, military, and space. Additionally, players are concentrating on green, recyclable composite solutions to conform to the regulation of the environment. All these are aimed at improving technological changes, enhancing supply chains, and improving growth of the markets.

List Of Top Aerospace Composites Companies

• Solvay Group (Belgium)
• Hexcel (U.S.)
• Royal Tencate N.V. (Netherlands)
• Teijin Fibers (Japan)
• Toray Industries (Japan)

KEY INDUSTRY DEVELOPMENT

In June 2025, Toray Industries, Inc. presented advanced thermoplastic composite materials—Toray Cetex TC1130 PESU. Toray Cetex TC915 PA+ for aircraft interiors and Toray Cetex TC915 PA+ applied to urban air mobility and unmanned air vehicles at the 55th Paris Air Show. These developments provide strength-processability-lightweight-durability performance synergies that enhance Toray as an enabler of next-gen aerospace, defense, and space systems.

REPORT COVERAGE

The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential Applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.

This research report examines the segmentation of the market by using both quantitative and qualitative methods to provide a thorough analysis that also evaluates the influence of strategic and financial perspectives on the market. Additionally, the report's regional assessments consider the dominant supply and demand forces that impact market growth. The competitive landscape is detailed meticulously, including shares of significant market competitors. The report incorporates unconventional research techniques, methodologies and key strategies tailored for the anticipated frame of time. Overall, it offers valuable and comprehensive insights into the market dynamics professionally and understandably.