Aerospace Composites Market Expansion Continues, with Forecast Valuation of $70.55 Billion by 2029

Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.

Aerospace Composites Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In the past few years, the market size for aerospace composites has seen rapid expansion. It is projected to increase from $35.59 billion in 2024 to $41.45 billion in 2025, marking a compound annual growth rate (CAGR) of 16.5%. This historical growth can be accredited to factors such as regulatory adaptations, environmental issues, globalization, an aging aircraft fleet, and an increase in both commercial and defense aircraft.

Aerospace Composites Market Size Forecast: What's the Projected Valuation by 2029?
Growth is anticipated in the aerospace composites market, with its size projected to expand significantly in the coming years. The market is expected to reach $70.55 billion by 2029, growing at a compound annual growth rate (CAGR) of 14.2%. This growth during the projected period can be ascribed to factors such as economic growth, the modernization of aircraft fleets, initiatives focused on recycling and sustainability, the consolidation in the aerospace industry, and an increasing demand for the production of passenger and cargo aircraft. The forecast period is also characterized by the prevalence of major trends such as the use of digital twin and simulation, the adoption of additive manufacturing, engineered fiber architectures, sustainability-oriented and environment-friendly composites, and advanced composite materials.

View the full report here:
https://www.thebusinessresearchcompany.com/report/aerospace-composites-global-market-report

What Are the Drivers Transforming the Aerospace Composites Market?
The surging demand for robust, lightweight composite materials is anticipated to fuel the growth of the aerospace composites market. By incorporating lightweight materials, the energy efficiency of aircraft can be enhanced, and fuel consumption can be minimized through the reduction of aircraft mass, since a lower mass necessitates less lift force and thrust during flight. The lightweight design contributes to the reduction of carbon emissions, amplifies structural strength and rigidity, enhances flight performance such as superior acceleration, and improves safety performance. For example, as per Composites United e.V. Germany, (a not-for-profit organization), data from May 2023 revealed that the global composites industry volume in 2022 reached 12.7 million metric tons, showcasing an increase from the previous year 2021. Consequently, the rising application of lightweight materials has a positive effect on the escalation of the aerospace composites market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5755&type=smp

What Long-Term Trends Will Define the Future of the Aerospace Composites Market?
Aerospace composites market companies are directing their efforts towards technological innovation to drive the development of composite material and processing technologies for MRO structural film adhesive to address many critical industry requirements. The MRO structural film adhesive is a robust and long-lasting adhesive used in the bonding of parts during maintenance and repair, predominantly in the aerospace sector. For example, in July 2023, Park Aerospace Corp, a corporation based in the US, presented Aeroadhere FAE-350-1, a high-grade structural film adhesive specially made for aerospace applications, especially in maintenance, repair, and overhaul (MRO) situations. This epoxy-based adhesive is devised to cure at 350°F and provides remarkably high bonding capabilities for metal, composite, and honeycomb materials. With high-temperature resistance, versatile bonding applications, and a strong shelf life, Aeroadhere FAE-350-1 targets to fulfill the pressing needs of the aerospace sector. This ingenious adhesive is produced at Park's newly enlarged AS9100 and Nadcap-certified facility and is expected to boost the dependability and productivity of aerospace structures.

Which Segments in the Aerospace Composites Market Offer the Most Profit Potential?
The aerospace composites market covered in this report is segmented -

1) By Fiber Type: Carbon Fiber Composites, Ceramic Fiber Composites, Glass Fiber Composites, Others
2) By Aircraft Type: Commercial Aircraft, Business & General Aviation, Civil Helicopter, Military Aircraft, Others
3) By Manufacturing Process: AFP/ATL, Lay-Up Process, Resin Transfer Molding Process, Filament Winding Process, Others
4) By Resin Type: Benzoxazine, Cyanate Ester, Bismaleimide, Ceramic and Metal Matrix, Thermosetting Resins, Polyester, Others
5) By Application: Interior, Exterior

Subsegments:
1) By Carbon Fiber Composites: Continuous Carbon Fiber Composites, Short Carbon Fiber Composites, Carbon Fiber Reinforced Polymers (CFRP)
2) By Ceramic Fiber Composites: Oxide Ceramic Composites, Non-Oxide Ceramic Composites, Ceramic Matrix Composites (CMC)
3) By Glass Fiber Composites: E-glass Fiber Composites, S-glass Fiber Composites, Glass Fiber Reinforced Plastics (GFRP)
4) By Others: Aramid Fiber Composites, Natural Fiber Composites, Hybrid Fiber Composites, Specialty Fiber Composites

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=5755&type=smp

Which Firms Dominate the Aerospace Composites Market by Market Share and Revenue in 2025?
Major companies operating in the aerospace composites market include Solvay SA, Toray Industries Inc., Mitsubishi Chemical Holdings Corporation, Hexcel Corporation, Teijin Limited, SGL Carbon SE, Materion Corporation, Owens Corning, Spirit AeroSystems Inc., LEE Aerospace Inc., Gurit Holding AG, General Electric Corporation, Rolls-Royce Motor Cars Ltd., Kineco-Kaman Composites, Nippon Graphite Fiber Corporation, Lockheed Martin Corporation, Raytheon Technologies Corporation, The Boeing Company, Airbus SE, Northrop Grumman Corporation, Safran SA, Leonardo S.p.A., Honeywell International Inc., L3Harris Technologies Inc., Dassault Aviation SA, Arconic Corporation, Aviation Industry Corporation of China, Triumph Group Inc., Harris Corporation

Which Regions Offer the Highest Growth Potential in the Aerospace Composites Market?
North America was the largest region in the aerospace composites market in 2024. Asia-Pacific is expected to be the fastest-growing region in the aerospace composites market share during the forecast period. The regions covered in the aerospace composites market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5755

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
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.

This release was published on openPR.