PUBLISHER: Grand View Research | PRODUCT CODE: 1941864
PUBLISHER: Grand View Research | PRODUCT CODE: 1941864
The global aerospace composites market size was estimated at USD 1.54 billion in 2025 and is projected to reach USD 2.81 billion by 2033, expected to grow at a CAGR of 7.9% from 2026 to 2033. The demand for aerospace composites is increasing due to the aviation industry's strong focus on lightweight materials that improve fuel efficiency and reduce carbon emissions.
Aircraft manufacturers are increasingly replacing traditional metals with composites to achieve weight reduction without compromising structural integrity. The growing production of commercial aircraft, driven by rising air passenger traffic globally, is further fueling demand. Defense modernization programs are also driving the adoption of advanced composite materials in military aircraft and UAVs. In addition, the rise in space exploration missions and satellite launches is boosting the use of high-performance aerospace composites. Airlines' emphasis on lowering operating costs is encouraging OEMs to adopt composite-intensive aircraft platforms. Key drivers of the aerospace composites market include stringent fuel efficiency regulations and emission norms imposed by aviation authorities. Composites offer superior strength-to-weight ratios, corrosion resistance, and fatigue performance compared to metals. Increasing use of carbon fiber reinforced polymers (CFRP) in fuselage, wings, and interior components is a major growth driver. Technological advancements in resin systems and manufacturing processes such as automated fiber placement are accelerating adoption. Rising defense budgets across major economies are increasing procurement of advanced aircraft platforms. Growth in the aftermarket and MRO sector is also supporting demand for composite repair materials.
The aerospace composites market is witnessing strong innovation in thermoplastic composites due to their recyclability and faster processing times. Development of next-generation carbon fibers with improved strength and toughness is gaining traction. Automation and digital manufacturing technologies are transforming composite fabrication efficiency. Hybrid composites combining carbon, glass, and ceramic fibers are emerging for specialized applications. There is increasing focus on sustainable composite materials and recycling technologies. Advanced resin systems with enhanced fire, smoke, and toxicity resistance are being adopted. These trends are reshaping material selection and aircraft design strategies.
Global Aerospace Composites Market Report Segmentation
This report forecasts revenue growth at regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the aerospace composites market based on product, application, and region: