Press release
Aerospace Composites Market to Reach USD 57.11 Billion by 2028, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm, has launched a report on the global market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more. The report covers global and regional forecasts, key segment performance, and competitive dynamics, with detailed insights into fiber types, resin systems, aircraft applications, manufacturing processes, and geographic markets. This segmentation analysis is strategically relevant for manufacturers, OEMs, suppliers, and investors planning capacity expansions or supply-chain strategies in aerospace composites.
Request a free sample report: https://www.stratviewresearch.com/Request-Sample/858/aerospace-composites-market.html#form
MARKET STATISTICS
• Market size (2022): USD 29.40 billion
• Forecast value (2028): USD 57.11 billion
• CAGR (2023-2028): 11.7%
• Forecast period: 2023-2028
• Base year: 2022
• Total number of segments: 3
• Tables & figures: 100+
• Country-Level Market Assessment: 20
MARKET SEGMENTATION
By Fiber Type
• Carbon Fiber
• Ceramic Fiber
• Glass Fiber
• Others
By Aircraft Type
• Commercial Aircraft
• Business and General Aviation
• Civil Helicopters
• Military Aircraft
• Others
By Region
• North America
• Europe
• Asia-Pacific
• Rest of the World
SEGMENT ANALYSIS
In the fiber type category, carbon fiber held the largest share in 2022 owing to its superior strength-to-weight ratio and performance benefits over alternatives, driving its dominant adoption across structural aerospace applications. This strength advantage also translates into reduced aircraft weight and operational costs, reinforcing strategic supplier positioning in carbon fiber composites.
For aircraft type, the commercial aircraft segment leads due to high composite utilization in new-generation programs such as the A350XWB, where composite content significantly exceeds older models. Higher corrosion resistance and lower maintenance costs drive airline and OEM preference, directly supporting stronger segment performance.
REGIONAL INSIGHTS
North America is both the largest and fastest-growing aerospace composites market, buoyed by extensive use of composite materials in commercial and military aircraft production and a dense network of aerospace OEMs and part manufacturers. The region's structural base in aircraft manufacturing creates continuous material demand and supports innovation adoption.
MARKET DRIVERS
• Fuel efficiency and emissions reduction mandates: Composites lower aircraft weight, enabling significant fuel savings and regulatory compliance.
• Expansion of commercial air travel: Growing fleet production increases composite component demand.
• Military aircraft modernization programs: Advanced composites are required for performance and stealth capabilities.
• Stringent environmental and sustainability standards: Regulatory goals push OEMs toward lightweight, recyclable materials.
• Technological advancements in composite manufacturing: Improved processes expand use cases and production efficiencies.
Top Companies in the Market
Owen Corning
Solvay S.A.
Hexcel Corporation
Royal Tencate N.V.
Teijin Limited
Toray Industries Inc.
SGL Group-The Carbon Company
Materion Corporation
Mitsubishi Rayon Co. Ltd.
Renegade Materials Corporation
FAQs
1. What is the projected size of the aerospace composites market by 2028?
The aerospace composites market is expected to reach USD 57.11 billion by 2028, supported by rising composite usage in aircraft structures.
2. What growth rate is the aerospace composites market expected to achieve?
The market is forecast to grow at a CAGR of 11.7% from 2023 to 2028, indicating robust demand for lightweight composite solutions.
3. Which region is driving aerospace composites demand?
North America leads structurally due to its concentration of aerospace OEMs and high commercial and military aircraft production using composite materials.
4. Why are carbon fiber composites dominant in this market?
Carbon fiber's high strength-to-weight ratio, corrosion resistance, and performance advantages make it the preferred material for structural aerospace parts, driving its dominant share.
5. How does commercial aviation influence aerospace composites growth?
Growth in commercial aircraft programs with high composite integration, such as the A350XWB, increases material demand and supports broader market expansion.
Related Links:
Polyimide Resins Market: https://plaza.rakuten.co.jp/ingnews/diary/202510170000/
Polypropylene Panels Market: https://plaza.rakuten.co.jp/ingnews/diary/202510170001/
Self-Lubricating Liquid Silicone Rubber Market: https://plaza.rakuten.co.jp/ingnews/diary/202510170002/
Semiconductor Fluid Conveyance Market: https://plaza.rakuten.co.jp/ingnews/diary/202510170003/
Thermoplastic Seals Market: https://plaza.rakuten.co.jp/ingnews/diary/202510170004/
Tooling Market: https://plaza.rakuten.co.jp/ingnews/diary/202510170005/
Aerospace Seals Market: https://plaza.rakuten.co.jp/ingnews/diary/202510170006/
Aircraft Engine Seals Market: https://plaza.rakuten.co.jp/ingnews/diary/202510220000/
Aircraft Evacuation Market: https://plaza.rakuten.co.jp/ingnews/diary/202510220001/
Aircraft Insulation Market: https://plaza.rakuten.co.jp/ingnews/diary/202510220002/
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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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