PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1783249
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1783249
The aerospace composites market is estimated at USD 30.3 billion in 2025 and is projected to reach USD 53.4 billion by 2030, at a CAGR of 12.0% from 2025 to 2030. Ceramic fiber composites, made from ceramic fibers embedded in a ceramic matrix, offer exceptional temperature resistance, low density, and high mechanical strength, making them ideal for critical aerospace applications such as turbine blades, engine components, and heat shields.
Scope of the Report | |
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Years Considered for the Study | 2021-2030 |
Base Year | 2024 |
Forecast Period | 2025-2030 |
Units Considered | Value (USD Million/Billion), Volume (Kiloton) |
Segments | By Fiber Type, By Matrix Type, By Manufacturing Process, By Aircraft Type, By Application, and Region |
Regions covered | Europe, North America, Asia Pacific, Latin America, Middle East, and Africa |
As demand rises for lightweight, high-performance materials in aviation and space exploration, advancements in manufacturing processes like CVI and PIP are further driving the adoption of ceramic fiber composites across the industry.
"Polymer matrix composites accounted for the largest share of the overall aerospace composites market in terms of value."
The aerospace industry is a key driver of growth for polymer matrix composites (PMCs), owing to their outstanding performance characteristics. PMCs provide a lightweight yet strong alternative to conventional metals, significantly improving fuel efficiency and reducing emissions in aircraft. Their high strength-to-weight ratio, excellent stiffness, and superior fatigue resistance make them ideal for structural components subjected to continuous stress, such as fuselage sections, wing assemblies, and interior panels. In addition to their mechanical advantages, PMCs offer excellent corrosion resistance and can be easily molded into complex geometries, allowing for greater design flexibility and parts integration. With advancements in resin systems and processing techniques such as out-of-autoclave (OOA) curing and automated fiber placement (AFP), PMCs are increasingly being adopted in both commercial and military aerospace platforms, supporting the industry's push for performance, cost-efficiency, and sustainability.
"The lay-up manufacturing process segment held the third-largest share of the overall aerospace composites market in terms of value."
In 2024, the lay-up manufacturing process segment held the third-largest share of the aerospace composites market in terms of value. This traditional fabrication method remains widely used in the aerospace industry due to its versatility in creating complex geometries and accommodating different fiber orientations and materials. The process involves manually or semi-automatically placing layers of fiber reinforcement, such as carbon or glass fiber, into a mold, followed by resin application and curing. Lay-up is particularly effective for producing large, low-volume, and custom composite parts such as fairings, panels, and interior components. Recent improvements in automation, tooling, and curing techniques have enhanced the consistency, efficiency, and quality of lay-up processes, extending their relevance even in modern aircraft programs where precision and performance are critical.
"Europe is projected to remain the largest market for aerospace composites during the forecast period."
The growing demand for aerospace composites in Europe is driven by several key factors, including increased investment in high-performance material R&D and rising government and private spending on space exploration initiatives. Additionally, the expansion of the regional tourism and air travel industry is prompting higher production of commercial aircraft, further fueling composite demand. Europe also benefits from a strong industrial base, with the presence of leading aerospace manufacturers such as Airbus, Rolls-Royce, and Dassault Aviation, alongside a robust network of research institutions and innovation centers focused on advanced composite technologies.
Collaborative programs like Clean Sky and Horizon Europe are further accelerating the development of next-generation, lightweight, and sustainable composite materials. This combination of strategic investment, industrial capability, and innovation infrastructure continues to position Europe as a leading hub for aerospace composites growth.
Prominent companies include Syensqo (Belgium), Toray Industries, Inc. (Japan), Mitsubishi Chemical Group Corporation (Japan), Hexcel Corporation (US), Teijin Limited (Japan), SGL Carbon (Germany), Spirit AeroSystems (US), Materion Corporation (US), Lee Aerospace (US), General Dynamics Corporation (US), 3M (US), FDC Composites Inc. (Canada), Avior Produits Integres Inc. (Canada), Collins Aerospace (US), and Aernnova Aerospace S.A. (Spain).
Research Coverage
This research report categorizes the Aerospace Composites Market by Fiber Type (Glass Fiber, Carbon Fiber, Ceramic Fiber and Others), by Matrix Type (Polymer Matrix Composite, Metal Matrix Composite, Ceramic Matrix Composite), by Manufacturing Process (AFP/ATL, Lay-up, Resin Transfer Molding, Filament Winding, Others), by Aircraft Type (Commercial, Business & General, Civil Helicopter, Military Aircraft, Others), Application (Interior, Exterior) and Region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America). The scope of the report includes detailed information about the major factors influencing the growth of the aerospace composites market, such as drivers, restraints, challenges, and opportunities. A thorough examination of the key industry players has been conducted to provide insights into their business overview, solutions, services, key strategies, contracts, partnerships, and agreements. New product and service launches, mergers & acquisitions, and recent developments in the aerospace composites market are all covered. This report includes a competitive analysis of upcoming startups in the aerospace composites market ecosystem.
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall aerospace composites market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.