The Aerospace Materials Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The Aerospace Materials Global Market Report 2025 showed a solid growth trend. The market size expanded from $36.53 billion in 2024 to $39.76 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 8.8%.
The aerospace materials market is forecasted to grow to $56.04 billion by 2029, with a compound annual growth rate (CAGR) of 9.0%.
Download Your Free Sample of the 2025 Aerospace Materials Market Report and Uncover Key Trends Now!The key drivers in the aerospace materials market are:
• Rising demand for lightweight materials in aerospace construction
• Increasing governmental support for aerospace development
• Growth in commercial aircraft deliveries
• Swift pace of urbanization boosting aerospace travel needs
The aerospace materials market covered in this report is segmented –
1) By Type: Aluminum Alloys, Steel Alloys, Titanium Alloys, Super Alloys, Composites, Other Types
2) By Aircraft Type: Commercial Aircraft, Business and General Aviation, Civil Helicopters, Military, Other Aircraft Types
3) By Application: Interior, Exterior
The key trends in the aerospace materials market are:
• The advancement and use of innovative products, particularly structural film adhesives, is a significant trend.
• A notable trend is also the emphasis on advanced materials offering improved strength and heightened performance.
• The adoption of 3D printing with advanced materials is becoming an increasingly prevalent trend.
• There is a clear trend of growing investments in production capacities as well as increased strategic partnerships and collaborations among market players.
Major companies in the aerospace materials market are:
• Allegheny Technologies Incorporated
• Arconic Corporation
• Constellium SE
• Hexcel Corporation
• Solvay SA
• Toray Industries Inc.
• Du Pont
• Novelis Inc.
• Teijin Ltd.
• Materion Corp
• Hindustan Aeronautics Limited (HAL)
• Bharat Electronics Limited (BEL)
• Tata Advanced Systems Limited (TASL)
• Aequs Aerospace
• Dynamatic Technologies Limited
• Mitsubishi Heavy Industries, Ltd.
• Kawasaki Heavy Industries
• Subaru Corporation
• Quickstep Holdings Limited
• RUAG Australia
• AVIC Shenyang Aircraft Company Ltd
• Aecc Aviation Power Co., Ltd
• China Shipbuilding Industry Company Ltd
• Gaona Aero Material Co. Ltd
• MTU Aero Engines
• Diehl Aerospace
• OHB SE
• Premium AEROTEC
• Dassault Aviation
• Safran
• Airbus Defence and Space
• Indra Sistemas
• Alestis Aerospace
• Saab AB
• Sukhoi Company
• Gazprom Space Systems
• Aerostar
• IAR Ghimbav
• Apollo Aerospace Components
• AERO Vodochody
• PBS Velká Bíteš
• PZL Mielec
• Lockheed Martin Corporation
• The Boeing Company
• Spirit AeroSystems, Inc
• Magellan Aerospace
• Avcorp Industries Inc
• Héroux-Devtek
• Kordsa
• Turkish Aerospace Industries
• Kenya Aerotech Limited
• Aerosud Aviation (Pty) Ltd
• Paramount Group
• Cairo Aviation
Europe was the largest region in the aerospace materials market in 2024