The Global Aerospace Carbon Fiber Composite Market was valued at USD 9.6 Billion in 2022 and is projected to reach USD 22.48 Billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 12.9% during the forecast period. This remarkable growth is being driven by the critical demand for lightweight aircraft structures, increasing production rates of next-generation commercial jets, and the widespread adoption of advanced composite materials across both commercial and military aerospace sectors.
As the aviation industry accelerates toward enhanced fuel efficiency, lower emissions, and superior performance, the spotlight is on the key material suppliers who are driving innovation, strength-to-weight optimization, and manufacturing excellence. In this blog, we profile the Top 10 Companies in the Aerospace Carbon Fiber Composite Industry—a mix of carbon fiber producers, resin formulators, and composite specialists enabling the future of flight.
🔟 1. Hexcel Corporation
Headquarters: Stamford, Connecticut, USA
Key Offering: Carbon fibers, woven fabrics, prepregs, and structural adhesives
Hexcel is a global leader in advanced composites technology, supplying carbon fiber reinforcements, specialty resins, and engineered materials for primary and secondary aircraft structures. Their products are integral to commercial aircraft, business jets, rotorcraft, and space launch vehicles.
Technology Leadership:
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HiTape® automated fiber placement materials
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HexMC® high-performance molding compounds
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HexPly® prepreg systems for demanding applications
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9️⃣ 2. Solvay S.A.
Headquarters: Brussels, Belgium
Key Offering: Carbon fiber prepregs, thermoplastic composites, and bonding films
Solvay is a leading provider of advanced composite materials for aerospace, offering a comprehensive portfolio of thermoset and thermoplastic solutions for airframe, engine, and interior components.
Technology Leadership:
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CYCOM® and MTR® resin systems
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APC® thermoplastic composites family
8️⃣ 3. Toray Industries, Inc.
Headquarters: Tokyo, Japan
Key Offering: TORAYCA® carbon fibers, prepregs, and composite intermediates
Toray is the world’s largest producer of carbon fibers, with extensive capabilities in aerospace-grade materials development and manufacturing.
Technology Leadership:
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Leading supplier for Boeing 787 and Airbus A350 programs
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Advanced materials for space and defense applications
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Aerospace Carbon Fiber Composite Market – View in Detailed Research Report
7️⃣ 4. Teijin Limited
Headquarters: Tokyo, Japan
Key Offering: Tenax® carbon fibers and intermediate materials
Teijin is a major global supplier of carbon fibers and composites, with significant investments in thermoplastic technologies and automated manufacturing processes.
Technology Leadership:
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TENAX® TPCL unidirectional thermoplastic tapes
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Multi-material solutions for aerospace structural components
6️⃣ 5. Mitsubishi Chemical Group
Headquarters: Tokyo, Japan
Key Offering: Pyrofil® carbon fibers, prepregs, and composite materials
The company provides high-performance carbon fibers under the Pyrofil® brand, serving aerospace, industrial, and sporting goods markets with high-quality standardized and custom solutions.
Technology Leadership:
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Specialized fibers for space and satellite applications
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Advanced materials development for next-generation aircraft
5️⃣ 6. SGL Carbon
Headquarters: Wiesbaden, Germany
Key Offering: Carbon fibers, fabrics, and composite materials
SGL Carbon is a leading manufacturer of carbon-based products, supplying carbon fibers, composite materials, and components for aerospace applications worldwide.
Technology Leadership:
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SIGRATEX® fabrics and non-crimp fabrics
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Specialized materials for aircraft brakes and engine components
4️⃣ 7. Royal Ten Cate (Toray Advanced Composites)
Headquarters: Morgan Hill, California, USA
Key Offering: Advanced thermoset and thermoplastic composite materials
The company, now part of Toray, specializes in high-performance thermoset and thermoplastic composite materials for aerospace, defense, and space industries.
Technology Leadership:
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CETEX® thermoplastic and thermoset prepregs
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Materials for satellite structures and commercial aircraft interiors
3️⃣ 8. Gurit Holding AG
Headquarters: Wattwil, Switzerland
Key Offering: Prepreg systems, composite core materials, and engineered parts
Gurit is a leading supplier of composite materials, engineering services, and finished components for the aerospace industry.
Technology Leadership:
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Advanced lightweight sandwich composites
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Structural bonding pastes and films for composite assembly
2️⃣ 9. Park Aerospace Corp.
Headquarters: Newton, Kansas, USA
Key Offering: Aerospace-grade prepregs, film adhesives, and composite materials
Park Aerospace develops and manufactures composite materials for the aerospace and defense industries, with focus on advanced thermoplastic and thermoset systems.
Technology Leadership:
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Lightning strike protection materials
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Solutions for Radome and electromagnetic applications
1️⃣ 10. Axiom Materials (Teijin Group)
Headquarters: Santa Ana, California, USA
Key Offering: Carbon fiber prepregs, resins, and composite material systems
Axiom Materials, part of Teijin Group, specializes in high-temperature composite materials for aerospace applications.
Technology Leadership:
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High-temperature resin systems for engine applications
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Advanced ceramic matrix composite precursors
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Aerospace Carbon Fiber Composite Market – View in Detailed Research Report
🌍 Outlook: The Future of Aerospace Carbon Fiber Composites Is Smarter and More Sustainable
The aerospace carbon fiber composite market is undergoing a fundamental transformation. While traditional materials continue to serve established platforms, the industry is investing significantly in advanced manufacturing technologies, recycling solutions, and next-generation material systems.
📈 Key Trends Shaping the Market:
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Rapid expansion of automated fiber placement and additive manufacturing capabilities
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Increased focus on sustainable composite materials and circular economy principles
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Development of multifunctional composites with integrated sensing and thermal management
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Growing demand for thermoplastic composites offering recyclability and faster processing
Get Full Report Here:
Aerospace Carbon Fiber Composite Market – View in Detailed Research Report
The companies listed above are not only enabling next-generation aircraft—they’re pioneering the materials revolution that will define aviation for decades to come.
Download FREE Sample Report:
Aerospace Carbon Fiber Composite Market – View in Detailed Research Report
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