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Key Trend Reshaping the Aeroengine Composites Market in 2025: Technological Advancements In Aero-Engine Composites For Fuel Efficiency And Sustainability

02-21-2025 03:09 PM CET | Logistics & Transport

Press release from: The Business Research Company

Aeroengine Composites Market Outlook

Aeroengine Composites Market Outlook

What combination of drivers is leading to accelerated growth in the aeroengine composites market?
The continuous need for engines that consume less fuel is seen as a key driving factor for expansion in the aero-engine composites market. Engines that utilize lower quantities of fuel not only limit CO2 emissions, but also cut down on operational expenses for airlines. The rising global demand for oil, coupled with depleting supplies, have led to increased oil prices, prompting a higher need for fuel-efficient engines. Improved fuel efficiency through reduced fuel consumption ultimately translates into significant savings for airline companies. The application of aero-engine composites can diminish the aggregate weight of the aircraft while enhancing its fuel efficiency. For example, in April 2022, the US Department of Transportation, in charge of planning and coordination for federal transport ventures, introduced new Corporate Average Fuel Economy (CAFE) standards. These standards necessitate an average of 49 mpg for passenger cars and light trucks by 2026, targeting an annual fuel efficiency rise of 8% for the 2024-2025 model years and 10% for 2026. This would represent an almost 10 mpg improvement compared to the 2021 average. Consequently, the continuous need for fuel-efficient engines is fueling the growth of the aero-engine composites market.

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What is the projected compound annual growth rate (CAGR) of the aeroengine composites market from 2025 to 2034, and what factors influence it?
The market size for aeroengine composites has seen a swift expansion in the past few years. The market's worth is expected to surge from $2.55 billion in 2024 to $2.98 billion in 2025, with a projected compound annual growth rate (CAGR) of 16.8%. The notable growth during the historic period can be credited to several influencing factors such as the need for weight reduction, fuel efficiency improvements, regulatory emission standards, and heightened focus on engine performance.

The market for aeroengine composites is poised for substantial expansion in the coming years, with its value projected to rise to $4.85 billion in 2029, reflecting a compound annual growth rate (CAGR) of 12.9%. The anticipated growth is due in part to the escalating demand for lighter aircraft, the ongoing evolution of superior composite materials, strict emission guidelines, the expanding use of carbon fiber composites, and a heightened commitment to eco-friendly aviation. Key trends expected during the forecast period encompass the incorporation of 3D printing into composite manufacturing, innovations in nano-composites for aeroengines, the deployment of hybrid composite structures, the creation of self-repairing composites, and a focus on recycling and a circular economy in composite production.

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How are the latest trends influencing the growth of the aeroengine composites market?
Rapid technological progress is a notable trend gaining traction in the aeroengine composites industry. There is a growing emphasis among aero-engine composites producers on adopting cutting-edge technologies for the fabrication of aero-engine composites, which facilitate superb fuel efficiency in engines while also minimizing CO2 emissions. For example, in September 2024, Toray Industries, Inc., an organization based in Japan that specializes in high-end materials, unveiled Toray Cetex TC1130 PESU. Its distinguished features, such as its light weight and complete recyclability, make it perfectly suitable for aircraft interior design. Moreover, it has remarkable ratings in fire, smoke, and toxicity resistance, along with significant impact strength and resilience, making it an essential component for meeting the stringent safety criteria established by the aerospace sector.

What are the major segments of the aeroengine composites market and their role in driving growth?
The aeroengine composites market covered in this report is segmented -

1) By Type: Polymer Matrix Composites, Ceramic Matrix Composites, Metal Matrix Composites
2) By Component: Fan Blades, Fan Case, Guide Vanes, Shrouds, Other Components
3) By Application: Commercial Aircraft, Military Aircraft, General Aviation Aircraft

Subsegments:
1) By Polymer Matrix Composites (PMCs): Epoxy-Based Composites, Phenolic-Based Composites, Thermoplastic Composites
2) By Ceramic Matrix Composites (CMCs): Carbon Fiber Reinforced CMCs, Silicon Carbide Reinforced CMCs
3) By Metal Matrix Composites (MMCs): Aluminum Matrix Composites, Titanium Matrix Composites, Magnesium Matrix Composites

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Which regions are key players in the growth of the aeroengine composites market?
North America was the largest region in the aeroengine composites market in 2024. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the aeroengine composites market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Who are the key firms paving the way for growth in the aeroengine composites market?
Major companies operating in the aeroengine composites market include Solvay SA, Meggitt plc, Hexcel Corporation, Albany Engineered Composites Inc., Fischer Advanced Composite Components AG, General Electric Aircraft Engines, Rolls Royce plc, Safran SA, General Dynamics Corporation, GKN Ltd., Triumph Group Inc., Safran Aerospace Composites, Albany International Corp, Mitsubishi Heavy Industries Ltd., Dassault Aviation SA, Arconic Corporation, Aviation Industry Corporation of China Ltd., Aerojet Rocketdyne Holdings Inc., Moog Inc., Diehl Aerospace GmbH, Hexion Inc., Strongwell Corp, Huayuan Advanced Materials Co. Ltd., Toray Industries Inc., Teijin Ltd., Owens-Corning, SGL Carbon SE, Huntsman Corporation, Cytec Industries Inc., DuPont de Nemours Inc.

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What Is Covered In The Aeroengine Composites Global Market Report?

•Market Size Forecast: Examine the aeroengine composites market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the aeroengine composites market for a structured understanding.
•Key Players Overview: Analyze major players in the aeroengine composites market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the aeroengine composites market.
•Segment Contributions: Evaluate how different segments drive overall growth in the aeroengine composites market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the aeroengine composites market.
•Industry Challenges: Identify potential risks and obstacles affecting the aeroengine composites market.
•Competitive Landscape: Review strategic developments in the aeroengine composites market, including expansions, agreements, and new product launches.

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With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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