Global Aerospace Composites Market Report 2024

Aerospace Composites Global Market Report 2024 – By Fiber Type (Carbon Fiber Composites, Ceramic Fiber Composites, Glass Fiber Composites, Others), By Aircraft Type (Commercial Aircraft, Business & General Aviation, Civil Helicopter, Military Aircraft, Others), By Manufacturing Process (AFP/ATL, Lay-Up Process, Resin Transfer Molding Process, Filament Winding Process, Others), By Resin Type (Benzoxazine, Cyanate Ester, Bismalimide, Ceramic and Metal Matrix, Thermosetting Resins, Polyester, Others), By Application (Interior, Exterior) – Market Size, Trends, And Global Forecast 2024-2033

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Aerospace Composites Market Definition And Segments

Aerospace composites refer to superior materials used to make effective aircraft components and enhance the performance of commercial and military aircraft. Aerospace composites have superior physical properties and exceptional strength and stiffness-to-density ratios. Composites can be manufactured in different shapes, which reduces corrosion resistance and material wastage.

The main types of aerospace composites include carbon fiber composites, ceramic fiber composites, glass fiber composites, and others. Carbon composites are a broad class of materials in which carbon structures are spread throughout a material. They offer strength and stiffness while keeping them relatively lightweight. Ceramic composites offer excellent temperature stability, damage-tolerant fracture behavior, low density, good corrosion, high hardness, and wear resistance. Glass fiber composites offer flexibility, high strength, stiffness, and durability. Aerospace composites are mainly used in commercial aircraft, business and general aviation, civil helicopters, military aircraft, and others. The two major types of applications of aerospace composites are interior and exterior. Aerospace composites are manufactured through AFP/ATL, the lay-up process, resin transfer molding process, filament winding process, and other processes. Resins used for aerospace composites include benzoxazine, cyanate ester, bismalimide, ceramic and metal matrix, thermosetting resins, polyester, and others.

The aerospace composites market covered in this report is segmented –

1) By Fiber Type: Carbon Fiber Composites, Ceramic Fiber Composites, Glass Fiber Composites, Others

2) By Aircraft Type: Commercial Aircraft, Business & General Aviation, Civil Helicopter, Military Aircraft, Others

3) By Manufacturing Process: AFP/ATL, Lay-Up Process, Resin Transfer Molding Process, Filament Winding Process, Others

4) By Resin Type: Benzoxazine, Cyanate Ester, Bismalimide, Ceramic and Metal Matrix, Thermosetting Resins, Polyester, Others

5) By Application: Interior, Exterior

The aerospace composites market size has grown rapidly in recent years. It will grow from $31.08 billion in 2023 to $36.27 billion in 2024 at a compound annual growth rate (CAGR) of 16.7%. The growth in the historic period can be attributed to regulatory changes, environmental concerns, globalization, aging aircraft fleet, rise in number of commercial and defense aircraft.

The aerospace composites market size is expected to see rapid growth in the next few years. It will grow to $63.75 billion in 2028 at a compound annual growth rate (CAGR) of 15.1%. The growth in the forecast period can be attributed to economic growth, aircraft fleet modernization, recycling and sustainability initiatives, aerospace industry consolidation, growing demand for passenger and cargo aircraft production. Major trends in the forecast period include digital twin and simulation, adoption of additive manufacturing, engineered fiber architectures, sustainable and eco-friendly composites, advanced composite materials.

Rising Demand For Lightweight Composite Materials Is Fueling Growth In The Aerospace Composites Market

The increase in demand for high-strength and lightweight composite materials is expected to drive the aerospace composites market. Energy efficiency can be increased, and fuel consumption can be reduced by using lightweight materials and thereby reducing the mass of the aircraft, as a lower mass requires less lift force and thrust during flight. Lightweight design helps in reducing the carbon footprint, higher structural strength and stiffness, flight performance improvements such as better acceleration, and better safety performance. For instance, in May 2023, according to reports from Composites United e.V. Germany, a non-profit association, the volume of the global composites sector in 2022 totaled 12.7 million metric tons compared with 2021. Therefore, increasing use of lightweight materials positively impacts the aerospace composites market's growth.

Commercial Aircraft Demand Fuels Growth In The Aerospace Composites Market

The increasing demand for commercial aircraft is expected to propel the growth of the aerospace composites market going forward. Commercial aircraft, often simply referred to as airliners, are aircraft primarily designed for the transportation of passengers and cargo as part of commercial air travel. Aerospace composites are used in various ways in commercial aircraft to improve performance, reduce weight, enhance fuel efficiency, ensure safety, and meet stringent environmental and safety standards. For instance, in July 2023, according to reports published by Gulf Industry, a US-based magazine company, the global commercial aviation fleet is projected to grow by 33%, reaching over 36,000 aircraft by 2033, up from the 27,400 aircraft in operation in 2020. Therefore, the increasing demand for commercial aircraft is driving the growth of the increasing demand for commercial aircraft composites market.

Major companies operating in the aerospace composites market include Solvay SA, Toray Industries Inc., Mitsubishi Chemical Holdings Corporation, Hexcel Corporation, Teijin Limited, SGL Carbon SE, Materion Corporation, Owens Corning, Spirit AeroSystems Inc., LEE Aerospace Inc., Gurit Holding AG, General Electric Corporation, Rolls-Royce Motor Cars Ltd., Kineco-Kaman Composites, Nippon Graphite Fiber Corporation, Lockheed Martin Corporation, Raytheon Technologies Corporation, The Boeing Company, Airbus SE, Northrop Grumman Corporation, Safran SA, Leonardo S.p.A., Honeywell International Inc., L3Harris Technologies Inc., Dassault Aviation SA, Arconic Corporation, Aviation Industry Corporation of China, Triumph Group Inc., Harris Corporation

Technological Advancements Propel Aerospace Composites Market For Energy-Efficient Aircraft

Companies in the aerospace composites market are focusing on technological advancement to accelerate and develop composite material and process technologies for the next generation of energy-efficient aircraft and future mobility. Airlines are trying to replace outdated aircraft with technologically advanced and modern aircraft. These new aircraft are equipped with increased payload capacities and cost-efficiency. As a result of this, there is widespread adoption of aerospace composites across the globe. For example, in March 2021, GKN Aerospace, a UK-based company involved in the automotive and aerospace components business, launched a consortium called ASCEND (aerospace and automotive supply chain enabled development). With this launch, the UK has become a technology leader in future lightweight structures. It also helps to reduce carbon emissions and energy consumption in the aerospace industry.

Innovative Rapid Integrated Press Molding Technology Revolutionizes Aerospace Composites Manufacturing

Major companies operating in the aerospace composites market are developing innovative technology, such as rapid integrated press molding technology for carbon fiber reinforced plastic (CFRP) mobility components. Rapid integrated press molding technology is a new method for manufacturing CFRP components. It is significantly faster than traditional methods, and it can produce CFRP components with higher quality and consistency. For instance, in February 2023, Toray Industries Inc., a Japan-based company that specializes in industrial products, developed rapid integrated press molding technology, a new method for manufacturing carbon fiber-reinforced plastic (CFRP) components. It is significantly faster than traditional methods, and it can produce CFRP components with higher quality and consistency. Technology has a number of advantages. Faster molding times, lower costs, and improved quality could lead to more fuel-efficient aircraft and longer flight ranges.

Applied Composites Engineering Inc. Acquires North Coast Llc To Enhance Aerospace Capabilities And Expand Product Portfolio

In June 2022, Applied Composites Engineering Inc., a US-based aerospace and defense company, acquired North Coast LLC for an undisclosed amount. Through this acquisition, Koura aims to expand its product portfolio, strengthen its capabilities, expand its reach, and achieve synergies. North Coast LLC is a US-based manufacturer of resin-transfer-molded composite structures and tooling for aerospace.

North America was the largest region in the aerospace composites market in 2023. Asia-Pacific is expected to be the fastest-growing region in the aerospace composites market share during the forecast period. The regions covered in the aerospace composites market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the aerospace composites market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The aerospace composites market consists of sales of aramid-reinforced epoxy, and boron-reinforced aerospace composites. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The aerospace composites market research report is one of a series of new reports from The Business Research Company that provides aerospace composites market statistics, including aerospace composites industry global market size, regional shares, competitors with an aerospace composites market share, detailed aerospace composites market segments, market trends and opportunities, and any further data you may need to thrive in the aerospace composites industry. This aerospace composites market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Aerospace Composites Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $36.27 billion
Revenue Forecast In 2033 $63.75 billion
Growth Rate CAGR of 15.1% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Fiber Type: Carbon Fiber Composites, Ceramic Fiber Composites, Glass Fiber Composites, Others
2) By Aircraft Type: Commercial Aircraft, Business & General Aviation, Civil Helicopter, Military Aircraft, Others
3) By Manufacturing Process: AFP/ATL, Lay-Up Process, Resin Transfer Molding Process, Filament Winding Process, Others
4) By Resin Type: Benzoxazine, Cyanate Ester, Bismalimide, Ceramic and Metal Matrix, Thermosetting Resins, Polyester, Others
5) By Application: Interior, Exterior
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Solvay SA; Toray Industries Inc.; Mitsubishi Chemical Holdings Corporation; Hexcel Corporation; Teijin Limited; SGL Carbon SE; Materion Corporation; Owens Corning; Spirit AeroSystems Inc.; LEE Aerospace Inc.; Gurit Holding AG; General Electric Corporation; Rolls-Royce Motor Cars Ltd.; Kineco-Kaman Composites; Nippon Graphite Fiber Corporation; Lockheed Martin Corporation; Raytheon Technologies Corporation; The Boeing Company; Airbus SE; Northrop Grumman Corporation; Safran SA; Leonardo S.p.A.; Honeywell International Inc.; L3Harris Technologies Inc.; Dassault Aviation SA; Arconic Corporation; Aviation Industry Corporation of China; Triumph Group Inc.; Harris Corporation
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Aerospace Composites Market Characteristics

    3. Aerospace Composites Market Trends And Strategies

    4. Aerospace Composites Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global Aerospace Composites Market Size and Growth

    5.1. Global Aerospace Composites Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Aerospace Composites Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Aerospace Composites Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Aerospace Composites Market Segmentation

    6.1. Global Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Carbon Fiber Composites

    Ceramic Fiber Composites

    Glass Fiber Composites

    Other Fiber Types

    6.2. Global Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Commercial Aircraft

    Business & General Aviation

    Civil Helicopter

    Military Aircraft

    Other Aircraft Types

    7. Aerospace Composites Market Regional And Country Analysis

    7.1. Global Aerospace Composites Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Aerospace Composites Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Aerospace Composites Market  

    8.1. Asia-Pacific Aerospace Composites Market Overview  

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Aerospace Composites Market  

    9.1. China Aerospace Composites Market Overview  

    9.2. China Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Aerospace Composites Market  

    10.1. India Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Aerospace Composites Market  

    11.1. Japan Aerospace Composites Market Overview  

    11.2. Japan Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Aerospace Composites Market  

    12.1. Australia Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Aerospace Composites Market  

    13.1. Indonesia Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Aerospace Composites Market  

    14.1. South Korea Aerospace Composites Market Overview  

    14.2. South Korea Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Aerospace Composites Market  

    15.1. Western Europe Aerospace Composites Market Overview

    15.2. Western Europe Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Aerospace Composites Market  

    16.1. UK Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Aerospace Composites Market  

    17.1. Germany Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Aerospace Composites Market  

    18.4. France Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.5. France Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Aerospace Composites Market  

    19.7. Italy Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.8. Italy Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Aerospace Composites Market  

    20.10. Spain Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.11. Spain Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Aerospace Composites Market  

    21.1. Eastern Europe Aerospace Composites Market Overview

    21.2. Eastern Europe Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Aerospace Composites Market  

    22.1. Russia Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Aerospace Composites Market  

    23.1. North America Aerospace Composites Market Overview

    23.2. North America Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Aerospace Composites Market  

    24.1. USA Aerospace Composites Market Overview

    24.2. USA Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Aerospace Composites Market  

    25.1. Canada Aerospace Composites Market Overview

    25.2. Canada Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Aerospace Composites Market  

    26.1. South America Aerospace Composites Market Overview

    26.2. South America Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Aerospace Composites Market  

    27.1. Brazil Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Aerospace Composites Market  

    28.1. Middle East Aerospace Composites Market Overview

    28.2. Middle East Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Aerospace Composites Market  

    29.1. Africa Aerospace Composites Market Overview

    29.2. Africa Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Aerospace Composites Market Competitive Landscape And Company Profiles

    30.1. Aerospace Composites Market Competitive Landscape

    30.2. Aerospace Composites Market Company Profiles

    30.2.1. Solvay SA

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Toray Industries Inc.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Mitsubishi Chemical Holdings Corporation

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Hexcel Corporation

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Teijin Limited

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global Aerospace Composites Market Competitive Benchmarking

    32. Global Aerospace Composites Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The Aerospace Composites Market

    34. Aerospace Composites Market Future Outlook and Potential Analysis

    34.1 Aerospace Composites Market In 2028 - Countries Offering Most New Opportunities

    34.2 Aerospace Composites Market In 2028 - Segments Offering Most New Opportunities

    34.3 Aerospace Composites Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Aerospace Composites Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Aerospace Composites Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Asia-Pacific, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: China, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: China, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: India, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: India, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: Japan, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: Japan, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: Australia, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: Australia, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Indonesia, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Indonesia, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: South Korea, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: South Korea, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Western Europe, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Western Europe, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: UK, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: UK, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Germany, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Germany, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: France, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: France, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Italy, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Italy, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Spain, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Spain, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: Eastern Europe, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: Eastern Europe, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Russia, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Russia, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: North America, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: North America, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: USA, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: USA, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Canada, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Canada, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: South America, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: South America, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Brazil, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Brazil, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Middle East, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Middle East, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Africa, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Africa, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Solvay SA Financial Performance
  • Table 52: Toray Industries Inc. Financial Performance
  • Table 53: Mitsubishi Chemical Holdings Corporation Financial Performance
  • Table 54: Hexcel Corporation Financial Performance
  • Table 55: Teijin Limited Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Aerospace Composites Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Aerospace Composites Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Asia-Pacific, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: China, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: China, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: India, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: India, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: Japan, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: Japan, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: Australia, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: Australia, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Indonesia, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Indonesia, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: South Korea, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: South Korea, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Western Europe, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Western Europe, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: UK, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: UK, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Germany, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Germany, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: France, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: France, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Italy, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Italy, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Spain, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Spain, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: Eastern Europe, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: Eastern Europe, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Russia, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Russia, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: North America, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: North America, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: USA, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: USA, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Canada, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Canada, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: South America, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: South America, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Brazil, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Brazil, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Middle East, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Middle East, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Africa, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Africa, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Solvay SA Financial Performance
  • Figure 52: Toray Industries Inc. Financial Performance
  • Figure 53: Mitsubishi Chemical Holdings Corporation Financial Performance
  • Figure 54: Hexcel Corporation Financial Performance
  • Figure 55: Teijin Limited Financial Performance
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Frequently Asked Questions

What is the definition of the aerospace coatingsmarket?

Aerospace coatings provide a high level of resistance against high-temperature ranges, extreme UV exposure, air drag erosion, humidity corrosion, and the effect of high-velocity dust particles. It also helps to resist cracking due to variable air pressures. Aerospace coatings are applied to jets, planes, helicopters, and other aircraft to preserve their beauty and guard against corrosion. For further insights on the aerospace coatings market, request a sample here

How will the aerospace coatings market drivers and restraints affect the aerospace coatings market dynamics? What forces will shape the aerospace coatings industry going forward?

The aerospace coatings market major growth driver - rising demand for commercial aircraft fuels growth in the aerospace coatings market. For further insights on the aerospace coatings market, request a sample here

What is the forecast market size or the forecast market value of the aerospace coatings market ?

The aerospace coatings market size has grown strongly in recent years. It will grow from $2.52 billion in 2023 to $2.71 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to rise in defense budgets, growth of the aviation industry, ageing aircraft fleet, stringent regulations for aircraft safety and maintenance, rising demand for commercial and defense aircrafts. The aerospace coatings market size is expected to see strong growth in the next few years. It will grow to $3.65 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to rising air traffic, shifting consumer preferences, demand for aircraft lightweighting, need for fuel efficiency, rising demand for new generation aircraft. Major trends in the forecast period include sustainability and eco-friendly coatings, nanotechnology in coatings, digitalization and smart coatings, advanced coating technologies, anti-icing and de-icing coatings. For further insights on the aerospace coatings market, request a sample here

How is the aerospace coatings market segmented?

The aerospace coatings market is segmented
1) By Product Type: Top-Coat, Primer, Other Product Types
2) By Resin: Epoxy, Polyurethane, Acrylic, Other Resins
3) By Technology: Solvent-Based Coatings, Water-Based Coatings, Powder Coatings, Other Technologies
4) By Application: Exterior, Interior
5) By End User: Commercial Aviation, Military Aviation, General Aviation, Other End Users For further insights on the aerospace coatings market, request a sample here

Which region has the largest share of the aerospace coatings market? What are the other regions covered in the report?

North America was the largest region in the aerospace coatings market in 2023. Asia-Pacific is expected to be the fastest-growing region in the aerospace coatings market share duing the forecast period. The regions covered in the aerospace coatings market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. For further insights on the aerospace coatings market, request a sample here.

Who are the major players in the aerospace coatings market?

Major companies operating in the aerospace coatings market include Akzo Nobel N.V., Henkel AG & Co. KGaA, Mankiewicz Coatings GmbH & Co. KG, Hentzen Coatings Inc, Badische Anilin und Soda Fabrik, IHI Ionbond AG, The Sherwin-Williams Company, Zircotec Ltd., Asahi Kinzoku Kogyo Inc., BryCoat Inc., Axalta Coating Systems Ltd., LORD Corporation, APV Engineered Coatings, Hardide PLC., Bodycote plc, PPG Industries, Oerlikon Balzers Coating S.A. Brügg, DowDuPont Inc., Hohman Plating & Manufacturing LLC, International Aerospace Coatings Holdings LP, Compagnie de Saint-Gobain S.A., AHC Oberflachentechnik, NV Specialty Coatings., The Sherwin-Williams Company, Chemetall GmbH, Greenkote PLC, BEKAERT, Mankiewicz Coatings, ShawCor Ltd. For further insights on the aerospace coatings market, request a sample here.

What are the key trends in the aerospace coatings market?

Major trend in the aerospace coatings market - product innovations drive progress in the aerospace coatings market. For further insights on the aerospace coatings market, request a sample here.

What are the major opportunities in the aerospace coatings market? What are the strategies for the aerospace coatings market?

For detailed insights on the major opportunities and strategies in the aerospace coatings market, request a sample here.

How does the aerospace coatings market relate to the overall economy and other similar markets?

For detailed insights on aerospace coatings market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the aerospace coatings industry?

For detailed insights on the mergers and acquisitions in the aerospace coatings industry, request a sample here.

What are the key dynamics influencing the aerospace coatings market growth? SWOT analysis of the aerospace coatings market.

For detailed insights on the key dynamics influencing the aerospace coatings market growth and SWOT analysis of the aerospace coatings industry, request a sample here.