The global Aerospace and Defense Composites Market continues to demonstrate strong growth, with its valuation reaching USD 28.34 billion in 2024. According to the latest industry analysis, the market is projected to grow at a CAGR of 6.6%, reaching approximately USD 41.67 billion by 2030. This growth is largely fueled by increasing applications in commercial and military aircraft, where the demand for lightweight, high-strength materials is surging to improve fuel efficiency, enhance performance, and reduce overall operational costs. While the commercial aviation sector drives much of the volume, defense applications are seeing rapid adoption due to the need for advanced, durable components in modern weaponry and vehicles. Furthermore, ongoing innovations in material science are enabling composites to meet the stringent requirements of next-generation aircraft designs, making them indispensable in an industry focused on sustainability and efficiency.
Aerospace and defense composites are advanced materials engineered specifically for use in aircraft, spacecraft, and defense systems, offering superior strength-to-weight ratios compared to traditional metals. These composites, often including carbon fiber reinforced polymers and ceramic matrix variants, play a critical role in reducing aircraft weight, which directly translates to lower fuel consumption and emissions. As the industry grapples with environmental pressures and regulatory demands for greener aviation, manufacturers are increasingly turning to these materials to future-proof their fleets. Recent developments, such as the integration of recycled fibers and bio-based resins, highlight a shift toward sustainable production methods, supported by collaborations between OEMs and material suppliers to accelerate certification and adoption processes.
Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/279009/global-aerospace-defense-composites-market-2024-966
Market Overview & Regional Analysis
North America leads the global aerospace and defense composites market, commanding a substantial share thanks to its robust aerospace industry hub, including major players like Boeing and Lockheed Martin based in the United States. The region’s dominance is underpinned by significant government investments in defense programs and a mature commercial aviation sector that prioritizes advanced materials for next-generation aircraft. In the United States alone, the market was valued at USD 9.23 billion in 2024 and is expected to reach USD 13.12 billion by 2030 at a CAGR of 6.0%, driven by ongoing R&D in hypersonic vehicles and unmanned systems. However, supply chain disruptions have occasionally hampered progress, though recovery efforts are strengthening local manufacturing capabilities.
Europe follows closely, with strong contributions from countries like France and Germany, where companies such as Airbus and SAFRAN are heavily investing in composite technologies for wide-body jets and rotorcraft. The region’s focus on sustainability, aligned with EU green deal initiatives, is boosting demand for eco-friendly composites. Meanwhile, Asia-Pacific is emerging as a high-growth area, propelled by rising air travel in China and India, alongside defense modernization in Japan and South Korea. Challenges here include building skilled workforce and infrastructure, but strategic partnerships with Western firms are helping bridge these gaps. Emerging markets in South America and the Middle East and Africa, though smaller, show potential through joint ventures and increasing military expenditures, despite hurdles like regulatory harmonization and raw material access.
Key Market Drivers and Opportunities
The market is propelled by the relentless push for fuel-efficient aircraft in commercial aviation, coupled with escalating defense budgets worldwide that demand high-performance materials for stealth and durability. Rising global air traffic, projected to double by 2040 according to industry forecasts, is intensifying the need for lighter structures to cut emissions and operating expenses. Technological advancements, such as automated manufacturing processes like automated fiber placement, are lowering costs and enabling complex designs that were previously unfeasible with metals. In defense, composites are vital for applications in missiles, drones, and armored vehicles, where weight reduction enhances mobility and payload capacity. New opportunities are unfolding in space exploration, with composites playing a key role in reusable rockets and satellite components, as private players like SpaceX innovate rapidly.
Opportunities abound in the development of hybrid composites that combine different matrix types for tailored properties, such as improved thermal resistance for engine parts. The shift toward electric and hybrid propulsion systems in aviation opens doors for lightweight materials that maximize range and efficiency. Additionally, the defense sector’s focus on unmanned aerial vehicles (UAVs) and additive manufacturing integration presents untapped potential for customized composite solutions. Regions like Asia-Pacific, with their expanding manufacturing bases, offer exporters chances to supply growing fleets, while collaborations on sustainable sourcing could address environmental concerns proactively. Overall, these drivers position the market for sustained expansion, provided stakeholders navigate certification timelines effectively.
Challenges & Restraints
The aerospace and defense composites market encounters several hurdles, including the high initial costs of raw materials like carbon fibers and the complexity of qualifying new composites under rigorous FAA and EASA standards, which can delay adoption. Supply chain vulnerabilities, exacerbated by geopolitical tensions affecting resin and precursor availability, add to production uncertainties. Environmental concerns over the energy-intensive manufacturing processes and end-of-life recycling of composites pose regulatory risks, as governments tighten sustainability rules. Moreover, the skilled labor shortage in advanced composites fabrication slows scaling, while competition from cheaper alternatives in non-critical applications pressures margins. Trade barriers and export controls on defense-related technologies further complicate global operations, requiring companies to diversify suppliers strategically.
Market Segmentation by Type
- Metal Matrix Composite
- Ceramic Matrix Composite
- Fiber Reinforced Polymer (Glass and Carbon)
- Others
Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/279009/global-aerospace-defense-composites-market-2024-966
Market Segmentation by Application
- Aerospace
- Defense
Market Segmentation and Key Players
- Solvay Group
- Toray Industries
- Mitsubishi Chemical Corp
- Owens Corning
- Teijin Composite
- Hexcel Corp
- GKN Aerospace
- Zodiac Aerospace
- Gurit Holdings
- Quantum Composites
- Advanced Ceramic Coating
- COTESA Gmbh
- Euro Composites
- Spirit Aerospace
- Airbus
- Boeing
- GE Aviation
- SAFRAN
- Lockheed Martin
- Mubadala Aerospace
- COMAC
Report Scope
This report presents a comprehensive analysis of the global and regional markets for Aerospace and Defense Composites, covering the period from 2024 to 2030. It includes detailed insights into the current market status and outlook across various regions and countries, with specific focus on:
-
Sales, sales volume, and revenue forecasts
-
Detailed segmentation by type and application
In addition, the report offers in-depth profiles of key industry players, including:
-
Company profiles
-
Product specifications
-
Production capacity and sales
-
Revenue, pricing, gross margins
-
Sales performance
It further examines the competitive landscape, highlighting the major vendors and identifying the critical factors expected to challenge market growth.
As part of this research, we surveyed Aerospace and Defense Composites companies and industry experts. The survey covered various aspects, including:
-
Revenue and demand trends
-
Product types and recent developments
-
Strategic plans and market drivers
-
Industry challenges, obstacles, and potential risks
Get Full Report Here: https://www.24chemicalresearch.com/reports/279009/global-aerospace-defense-composites-market-2024-966
About 24chemicalresearch
Founded in 2015, 24chemicalresearch has rapidly established itself as a leader in chemical market intelligence, serving clients including over 30 Fortune 500 companies. We provide data-driven insights through rigorous research methodologies, addressing key industry factors such as government policy, emerging technologies, and competitive landscapes.
- Plant-level capacity tracking
- Real-time price monitoring
- Techno-economic feasibility studies
With a dedicated team of researchers possessing over a decade of experience, we focus on delivering actionable, timely, and high-quality reports to help clients achieve their strategic goals. Our mission is to be the most trusted resource for market insights in the chemical and materials industries.
International: +1(332) 2424 294 | Asia: +91 9169162030
Website: https://www.24chemicalresearch.com/
Follow us on LinkedIn: https://www.linkedin.com/company/24chemicalresearch
- Top 10 Companies in the PA6+ABS Market (2025): Market Leaders Driving Innovation in Advanced Polymer Blends - October 2, 2025
- Global and China Textile Fiber Dyestuff Market Insights, Forecast to 2027 - October 2, 2025
- Segment Analysis of Ceramic Oxide Titanium Dioxide Market: Products, Applications, and End-Users - October 2, 2025