Aerospace Composites Market to Reach $97.9 Billion by 2035
Aerospace composites market is projected to grow from $31.1 billion in 2025 to $97.9 billion by 2035, expanding at a CAGR of 12.1% during the forecast period. The market growth is primarily driven by increasing demand for lightweight and fuel-efficient aircraft, supported by strong growth in global air transport and defence modernisation programs. A key macro driver influencing the market is the rapid expansion of global aviation activity. According to the International Civil Aviation Organisation (ICAO), global passenger traffic has recovered to pre-pandemic levels, exceeding 4.3 billion passengers annually in 2024, while aircraft fleet expansion continues across both commercial and defence sectors. Additionally, the International Energy Agency (IEA) highlights that improving fuel efficiency remains a priority, as aviation contributes nearly 2–3% of global CO? emissions, pushing manufacturers to adopt lightweight composite materials. Aerospace composites, particularly carbon fibre-based materials, reduce aircraft weight by up to 20–30%, directly improving fuel efficiency and lowering emissions, thereby aligning with global sustainability targets.
Browse the full report description of “Aerospace Composites Market Size, Share & Trends Analysis Report, By Material Type (Carbon Fiber Composites, Glass Fiber Composites, Aramid Fiber Composites, Ceramic Matrix Composites (CMC), Metal Matrix Composites (MMC)), By Manufacturing Process (Automated Fiber Placement (AFP), Automated Tape Laying (ATL), Filament Winding, Resin Transfer Molding (RTM), Hand Lay-Up, Compression Molding), By Aircraft Type (Commercial Aircraft, Military Aircraft, Business & General Aviation, Helicopters, Unmanned Aerial Vehicles (UAVs)), By Application (Fuselage, Wings, Empennage (Tail Section), Interior Components, Engine Components, Landing Gear Components), Forecast Period (2026-2035)” at https://www.omrglobal.com/industry-reports/aerospace-composites-market
From an application standpoint, aircraft manufacturing continues to rise. Data from the European Union Aviation Safety Agency (EASA) and Boeing forecasts indicate that over 40,000 new aircraft deliveries are expected globally by 2042, with a significant share utilising composite-intensive structures such as fuselage and wings. This strong production pipeline directly supports the demand for aerospace composites across commercial aircraft, military platforms, and unmanned aerial vehicles (UAVs).
Among material types, carbon fibre composites represent the fastest-growing segment due to their superior strength-to-weight ratio, corrosion resistance, and fatigue performance. Several strategic developments have further strengthened the market landscape. Key industry developments include,
- In January 2026, Park Aerospace announced plans to invest $50 million in a new 120,000-square-foot aerospace composite materials plant in the U.S. Midwest, nearly doubling its current composite manufacturing capacity to meet growing demand from aerospace and defense customers.
- In August 2023, Toray Industries expanded its advanced composites operations in Morgan Hill, California, adding a new facility to significantly increase capacity for aerospace, urban air mobility, defense, commercial, and industrial composite applications worldwide.
Market Coverage
- The market number available for – 2025-2035
• Base year- 2025
• Forecast period- 2026-2035
• Segment Covered-
o By Material Type
o By Manufacturing Process
o By Application
o By Aircraft Type
- Competitive Landscape –Toray Industries, Hexcel Corporation, Solvay (Syensqo), Teijin Limited, and Mitsubishi Chemical Group.
Key questions addressed by the report.
- What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Aerospace Composites Market Report Segment
By Material Type
• Carbon Fiber Composites
• Glass Fiber Composites
• Aramid Fiber Composites
• Ceramic Matrix Composites (CMC)
• Metal Matrix Composites (MMC)
By Manufacturing Process
• Automated Fiber Placement (AFP)
• Automated Tape Laying (ATL)
• Filament Winding
• Resin Transfer Molding (RTM)
• Hand Lay-Up
• Compression Molding
By Aircraft Type
• Commercial Aircraft
• Military Aircraft
• Business & General Aviation
• Helicopters
• Unmanned Aerial Vehicles (UAVs)
By Application
• Fuselage
• Wings
• Empennage (Tail Section)
• Interior Components
• Engine Components
• Landing Gear Components
Global Aerospace Composites Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Russia
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Australia and New Zealand
• ASEAN Economies
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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