Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Aeroengine Composites Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Forecasted Market Size and CAGR for the Aeroengine Composites Market?
The aeroengine composites market has witnessed significant growth in the recent past. The market size was valued at $2.55 billion in 2024 and is projected to reach $2.97 billion in 2025, growing at a Compound Annual Growth Rate (CAGR) of 16.3%.
What Is the Forecasted CAGR for the Aeroengine Composites Market by 2029?
The Aeroengine Composites Global Market is projected to grow to a size of $4.75 billion in 2029, with a compound annual growth rate of 12.5%.
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What Are the Market Drivers in the Aeroengine Composites Industry?
The key drivers in the aeroengine composites market are:
• The rising demand for lightweight aircraft
• Continued development and deployment of advanced composite materials
• Increased adoption of carbon fiber composites in the industry
• Stricter emission regulations requiring more sustainable solutions.
What Is the Segment-Wise Breakdown of the Aeroengine Composites Market?
The aeroengine composites market covered in this report is segmented –
1) By Type: Polymer Matrix Composites, Ceramic Matrix Composites, Metal Matrix Composites
2) By Component: Fan Blades, Fan Case, Guide Vanes, Shrouds, Other Components
3) By Application: Commercial Aircraft, Military Aircraft, General Aviation Aircraft
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Which Emerging Trends Are Driving Growth in the Aeroengine Composites Sector?
The key trends in the aeroengine composites market are:
• The integration of 3D printing in composite manufacturing is an emerging trend in the market.
• There are advancements being made in the use of nano-composites for aeroengines.
• The application of hybrid composite structures is shaping the market's future.
• There is a growing focus on the development of self-healing composites and the emphasis on recycling and circular economy in composite production.
Which Companies Are Dominating the Aeroengine Composites Market in Terms of Revenue?
Major players in the aeroengine composites market are:
• Solvay SA
• Meggitt plc
• Hexcel Corporation
• Albany Engineered Composites Inc.
• Fischer Advanced Composite Components AG
• General Electric Aircraft Engines
• Rolls Royce plc
• Safran SA
• General Dynamics Corporation
• GKN Ltd.
• Triumph Group Inc.
• Safran Aerospace Composites
• Albany International Corp
• Mitsubishi Heavy Industries Ltd.
• Dassault Aviation SA
• Arconic Corporation
• Aviation Industry Corporation of China Ltd.
• Aerojet Rocketdyne Holdings Inc.
• Moog Inc.
• Diehl Aerospace GmbH
• Hexion Inc.
• Strongwell Corp
• Huayuan Advanced Materials Co. Ltd.
• Toray Industries Inc.
• Teijin Ltd.
• Owens-Corning
• SGL Carbon SE
• Huntsman Corporation
• Cytec Industries Inc.
• DuPont de Nemours Inc.
What Are the Regions Driving Demand in the Aeroengine Composites Market?
North America was the largest region in the aeroengine composites market in 2024
