Aerospace Composite Materials Market was valued at USD 22.5 Billion in 2022 and is projected to reach USD 37.5 Billion by 2030, growing at a CAGR of 8.3% from 2024 to 2030.
The global aerospace composite materials market was valued at approximately USD 23.5 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 8.3% from 2023 to 2030. This growth is driven by the increasing demand for lightweight and high-strength materials to improve fuel efficiency and reduce emissions in the aviation sector. Advanced composites, including carbon fiber-reinforced polymers (CFRPs) and glass fiber-reinforced polymers (GFRPs), are becoming increasingly popular due to their superior performance characteristics and lower weight compared to traditional materials. The market is expected to reach around USD 45 billion by 2030, reflecting significant investment and technological advancements in this sector. Opportunities within the aerospace composite materials market are notably influenced by advancements in manufacturing technologies, such as automated fiber placement and resin transfer molding, which enhance production efficiency and material properties. Emerging markets in Asia-Pacific, particularly in countries like China and India, are witnessing rapid growth due to increased aircraft production and rising investments in the aerospace industry. Additionally, the shift towards next-generation aircraft and space exploration missions presents new avenues for market expansion. The aerospace sector's ongoing focus on sustainability and performance optimization is expected to drive further demand for advanced composite materials.
Get an In-Depth Research Analysis of the Global Aerospace Composite Materials Market Size And Forecast [2025-2032]
Solvay
Hexcel
Royal Ten Cate
Teijin
Toray Industries
Renegade Materials
Owens Corning
Materion
Mitsubishi Rayon
SGL Group
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Aerospace Composite Materials Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Aerospace Composite Materials Market
Interior
Exterior
Based on Types the Market is categorized into Below types that held the largest Aerospace Composite Materials market share In 2023.
Glass Fiber Composite Materials
Carbon Fiber Composite Materials
Aramid Fiber Composite Materials
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Aerospace Composite Materials Market Research Analysis
1. Introduction of the Global Aerospace Composite Materials Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Aerospace Composite Materials Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Aerospace Composite Materials Market, By Type
6. Global Aerospace Composite Materials Market, By Application
7. Global Aerospace Composite Materials Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Aerospace Composite Materials Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/