Please Wait.....
Report
Aerospace Composites Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 - 2034
Market Report I 2025-01-12 I 190 Pages I Global Market Insights
The Global Aerospace Composites Market reached USD 29.4 billion in 2024 and is projected to expand at a CAGR of 12.8% between 2025 and 2034, driven by the increasing demand for advanced materials that enhance aircraft performance while reducing weight. As airlines and defense contractors seek more fuel-efficient solutions, aerospace manufacturers are integrating lightweight composites into aircraft designs. These materials help improve fuel economy, extend component lifespans, and ensure compliance with stringent environmental regulations. The industry is witnessing rapid innovation, with researchers developing next-generation composites that offer superior durability, thermal stability, and impact resistance. The rising focus on sustainability is also shaping market trends, pushing companies to explore recyclable and eco-friendly composites. As global air travel demand increases and defense agencies invest in next-gen aircraft, the need for high-performance materials continues to grow, positioning the aerospace composites industry for substantial expansion over the next decade.
The market is categorized by fiber type, with carbon fiber, glass fiber, and ceramic fiber leading the segment. Carbon fiber dominates the sector, holding a 68% share in 2024. This material remains the preferred choice due to its unmatched strength-to-weight ratio, making it ideal for aircraft wings, fuselages, and structural reinforcements. As airlines prioritize efficiency and aircraft manufacturers push for lighter, stronger designs, the adoption of carbon fiber composites is expected to accelerate. This trend is further supported by technological advancements in carbon fiber production, making it more cost-effective and accessible for aerospace applications.
The industry is also segmented by matrix type, with polymer, ceramic, and metal matrices playing a critical role in composite performance. The ceramic matrix composite (CMC) segment is poised for the fastest growth, with a projected CAGR of 14% through 2034. These materials excel in high-temperature environments, making them essential for jet engines, exhaust systems, and other heat-sensitive components. With growing investments in hypersonic aircraft, military jets, and space exploration technologies, the demand for CMCs continues to rise. Manufacturers are actively developing next-generation CMCs that offer improved thermal resistance and mechanical strength, ensuring optimal performance under extreme conditions.
North America is set to remain the dominant force in the aerospace composites market, generating USD 37 billion by 2034. The region's growth is fueled by continuous military modernization efforts and increasing defense expenditures. With a strong emphasis on next-generation fighter jets, unmanned aerial vehicles (UAVs), and space exploration programs, the demand for advanced composites remains robust. The aerospace sector's drive toward innovation, coupled with a highly developed manufacturing ecosystem, cements North America's leadership in this market. As defense and commercial aviation continue to evolve, the region's investment in high-performance composites is expected to propel industry growth for years to come.
Report Content
Chapter 1 Methodology & Scope
1.1 Market scope & definitions
1.2 Base estimates & calculations
1.3 Forecast calculations
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Industry synopsis, 2021-2034
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.1.1 Factor affecting the value chain
3.1.2 Profit margin analysis
3.1.3 Disruptions
3.1.4 Future outlook
3.1.5 Manufacturers
3.1.6 Distributors
3.2 Supplier landscape
3.3 Profit margin analysis
3.4 Key news & initiatives
3.5 Regulatory landscape
3.6 Impact forces
3.6.1 Growth drivers
3.6.1.1 Robust demand for high strength and lightweight composite materials
3.6.1.2 Continuous innovations in composite materials, such as carbon fiber and thermoplastic composites
3.6.1.3 Growing use of 3D printing and additive manufacturing technologies
3.6.1.4 Rapid growth in air travel, particularly in emerging markets, and the modernization of military fleets
3.6.1.5 Growing trend of using composites in aircraft interiors for applications
3.6.2 Industry pitfalls & challenges
3.6.2.1 High material and manufacturing costs
3.6.2.2 Integration with traditional materials
3.7 Growth potential analysis
3.8 Porter's analysis
3.9 PESTEL analysis
Chapter 4 Competitive Landscape, 2024
4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Fiber Type, 2021-2034 (USD Million & Tons)
5.1 Key trends
5.2 Glass fiber
5.3 Carbon fiber
5.4 Ceramic fiber
5.5 Others
Chapter 6 Market Estimates & Forecast, By Matrix, 2021-2034 (USD Million & Tons)
6.1 Key trends
6.2 Polymer matrix
6.2.1 Thermoset polymer matrix
6.2.1.1 Epoxy
6.2.1.2 Phenolic
6.2.1.3 Polyamide
6.2.1.4 Others
6.2.2 Thermoplastic polymer matrix
6.2.2.1 Polyether Ether Ketone (PEEK)
6.2.2.2 Polysulfone (PSU)
6.2.2.3 Polyetherimide (PEI)
6.2.2.4 Others
6.3 Ceramic matrix
6.4 Metal matrix
Chapter 7 Market Estimates & Forecast, By Aircraft Type, 2021-2034 (USD Million & Tons)
7.1 Key trends
7.2 Commercial
7.2.1 Narrow-Body
7.2.2 Wide-Body
7.2.3 Business Jet
7.2.4 Turboprop
7.3 Military & defense aircraft
7.4 Others
Chapter 8 Market Estimates & Forecast, By Application, 2021-2034 (USD Million & Tons)
8.1 Key trends
8.2 Exterior
8.2.1 Fuselage
8.2.2 Engine
8.2.3 Wings
8.2.4 Rotor blades
8.2.5 Tail boom
8.3 Interior
8.3.1 Seats
8.3.2 Cabin
8.3.3 Sandwich panels
8.3.4 Environmental Control System (ECS) Ducting
Chapter 9 Market Estimates & Forecast, By Region, 2021-2034 (USD Million & Tons)
9.1 Key trends
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.3 Europe
9.3.1 UK
9.3.2 Germany
9.3.3 France
9.3.4 Italy
9.3.5 Spain
9.3.6 Russia
9.4 Asia Pacific
9.4.1 China
9.4.2 India
9.4.3 Japan
9.4.4 South Korea
9.4.5 Australia
9.5 Latin America
9.5.1 Brazil
9.5.2 Mexico
9.6 MEA
9.6.1 South Africa
9.6.2 Saudi Arabia
9.6.3 UAE
Chapter 10 Company Profiles
10.1 Absolute Composites
10.2 Aernnova Aerospace
10.3 Avior Integrated Products
10.4 Collins Aerospace
10.5 FDC Composites
10.6 General Dynamics
10.7 Hexcel
10.8 Lee Aerospace
10.9 Materion
10.10 Mitsubishi Chemical
10.11 SGL Carbon
10.12 Solvay
10.13 Spirit Aerosystems
10.14 Teijin
10.15 Toray
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security