Aerospace Composites Market Report 2024-2034

Aerospace Composites Market Report 2024-2034



The Aerospace Composites Market Report 2024-2034: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.

Redefining Flight Dynamics, One Gram at a Time

One of the primary driving factors for the global aerospace composites market is the aviation industry's pursuit of lightweight materials. Composite materials, being significantly lighter than traditional metals, reduce overall aircraft weight, enhancing fuel efficiency and reducing operational costs. For instance, the Boeing 787 Dreamliner extensively utilizes carbon-fiber composites, enabling it to be 20% more fuel-efficient than older models, showcasing the transformative impact of lightweight composites on modern aircraft.

Sustainable Solutions Soaring to New Heights

The urgent need for environmental sustainability has propelled the aerospace industry towards composites. Lighter aircraft consume less fuel, leading to reduced carbon emissions. Governments and environmental agencies worldwide are pushing for greener aviation, incentivizing the adoption of composites. Manufacturers like Airbus's A350 XWB, with its extensive use of composites, significantly contribute to reduced greenhouse gas emissions, aligning with global efforts for a more sustainable aviation future.

What Questions Should You Ask before Buying a Market Research Report?
  • How is the aerospace composites market evolving?
  • What is driving and restraining the aerospace composites market?
  • How will each aerospace composites submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2034?
  • How will the market shares for each aerospace composites submarket develop from 2024 to 2034?
  • What will be the main driver for the overall market from 2024 to 2034?
  • Will leading aerospace composites markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
  • How will the market shares of the national markets change by 2034 and which geographical region will lead the market in 2034?
  • Who are the leading players and what are their prospects over the forecast period?
  • What are the aerospace composites projects for these leading companies?
  • How will the industry evolve during the period between 2024 and 2034? What are the implications of aerospace composites projects taking place now and over the next 10 years?
  • Is there a greater need for product commercialisation to further scale the aerospace composites market?
  • Where is the aerospace composites market heading and how can you ensure you are at the forefront of the market?
  • What are the best investment options for new product and service lines?
  • What are the key prospects for moving companies into a new growth path and C-suite?
You need to discover how this will impact the aerospace composites market today, and over the next 10 years:
  • Our 425-page report provides 130 tables and 205 charts/graphs exclusively to you.
  • The report highlights key lucrative areas in the industry so you can target them – NOW.
  • It contains in-depth analysis of global, regional and national sales and growth.
  • It highlights for you the key successful trends, changes and revenue projections made by your competitors.
This report tells you TODAY how the aerospace composites market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.

Forecasts to 2034 and other analyses reveal commercial prospects
  • In addition to revenue forecasting to 2034, our new study provides you with recent results, growth rates, and market shares.
  • You will find original analyses, with business outlooks and developments.
  • Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising aerospace composites prices and recent developments.
This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, “V”, “L”, “W” and “U” are discussed in this report.

Segments Covered in the Report

Market Segment by Carbon Fibre Type
  • Carbon Fibre Reinforced Polymers (CFRP)
  • Carbon Fibre Reinforced Metals (CFRM)
Market Segment by Fibre Type
  • Carbon Fibre Composites
  • Glass Fibre Composites
  • Aramid Fibre Composites
Market Segment by Aircraft Type
  • Commercial Aircraft
  • General Aviation
  • Military Aircraft
  • Helicopters
Market Segment by Application
  • Interior Components
  • Exterior Components
  • Engine Components
  • Structural Components
  • Other Applications
Market Segment by Resin Type
  • Epoxy
  • Phenolic
  • Polyester
  • Polyimide
  • Thermoplastic
  • Other Resin Type
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for four regional and 20 leading national markets:

North America
  • U.S.
  • Canada
Europe
  • Germany
  • Spain
  • United Kingdom
  • France
  • Italy
  • Rest of Europe
Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa
The report also includes profiles and for some of the leading companies in the Aerospace Composites Market, 2024 to 2034, with a focus on this segment of these companies’ operations.

Leading companies and the potential for market growth
  • Albany Engineered Composites
  • General Electric Company
  • Hexcel Corporation
  • Kineco Kaman Composites
  • Lee Aerospace, Inc.
  • Materion Corporation
  • Mitsubishi Chemical Group Corporation
  • Nippon Graphite Fibre Corporation
  • Owens Corning
  • PRF Composite Materials
  • Rolls-Royce Limited
  • Spirit AeroSystems Holdings
  • Teijin Limited
  • Toray Industries, Inc.
  • Victrex
Overall world revenue for Aerospace Composites Market, 2024 to 2034 in terms of value the market will surpass US$35.0 billion in 2024, our work calculates. We predict strong revenue growth through to 2034. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.

How will the Aerospace Composites Market, 2024 to 2034 report help you?

In summary, our 420+ page report provides you with the following knowledge:
  • Revenue forecasts to 2034 for Aerospace Composites Market, 2024 to 2034 Market, with forecasts for carbon fiber type, fiber type, aircraft type, application, and resin type, each forecast at a global and regional level – discover the industry’s prospects, finding the most lucrative places for investments and revenues.
  • Revenue forecasts to 2034 for four regional and 20 key national markets – See forecasts for the Aerospace Composites Market, 2024 to 2034 market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Also forecasted is the market in the US, Canada, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
  • Prospects for established firms and those seeking to enter the market – including company profiles for 15 of the major companies involved in the Aerospace Composites Market, 2024 to 2034.
Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.

Information found nowhere else

With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Our study is for everybody needing commercial analyses for the Aerospace Composites Market, 2024 to 2034, market-leading companies. You will find data, trends and predictions.

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1 Report Overview
1.1 Objectives of the Study
1.2 Introduction to Aerospace Composites Market
1.3 What This Report Delivers
1.4 Why You Should Read This Report
1.5 Key Questions Answered by This Analytical Report
1.6 Who Is This Report for?
1.7 Methodology
1.7.1 Market Definitions
1.7.2 Market Evaluation & Forecasting Methodology
1.7.3 Data Validation
1.7.3.1 Primary Research
1.7.3.2 Secondary Research
1.8 Frequently Asked Questions (FAQs)
1.9 Associated Visiongain Reports
1.10 About Visiongain
2 Executive Summary
3 Market Overview
3.1 Key Findings
3.2 Market Dynamics
3.2.1 Market Driving Factors
3.2.1.1 High Demand for Composite Materials from the Aerospace Industry
3.2.1.2 The Growing Global Middle-Class Population and Increased Air Travel Demand Drive the Need for More Aircraft
3.2.1.3 The Defence Sector's Demand for Advanced Composites in Military Aircraft and Equipment Is a Driving Factor
3.2.2 Market Restraining Factors
3.2.2.1 Higher Material Costs Hinder the Market Growth
3.2.2.2 Lack of Skilled Personnel Hinder the Market Growth
3.2.2.3 Recycling Composite Materials in the Aerospace Industry Poses a Significant Challenge
3.2.3 Market Opportunities
3.2.3.1 Advances in Manufacturing and Production Technologies Opportunities for the Market
3.2.3.2 Expanding into Emerging Markets Opportunities for the Market Growth
3.2.3.3 The Development of Novel Composite Materials with Enhanced Properties
3.3 Porter’s Five Forces Analysis
3.3.1 Bargaining Power of Suppliers (High)
3.3.2 Bargaining Power of Buyers (High)
3.3.3 Competitive Rivalry (High)
3.3.4 Threat from Substitutes (Moderate)
3.3.5 Threat of New Entrants (High)
3.4 COVID-19 Impact Analysis
3.4.1 “V-Shaped Recovery”
3.4.2 “U-Shaped Recovery”
3.4.3 “W-Shaped Recovery”
3.4.4 “L-Shaped Recovery”
3.5 PEST Analysis
4 Aerospace Composites Market Analysis by Carbon Fibre Type
4.1 Key Findings
4.2 Carbon Fibre Type Segment: Market Attractiveness Index
4.3 Aerospace Composites Market Size Estimation and Forecast by Carbon Fibre Type
4.4 Carbon Fibre Reinforced Polymers (CFRP)
4.4.1 Market Size by Region, 2024-2034 (US$ Billion)
4.4.2 Market Share by Region, 2024 & 2034 (%)
4.5 Carbon Fibre Reinforced Metals (CFRM)
4.5.1 Market Size by Region, 2024-2034 (US$ Billion)
4.5.2 Market Share by Region, 2024 & 2034 (%)
5 Aerospace Composites Market Analysis by Fibre Type
5.1 Key Findings
5.2 Fibre Type Segment: Market Attractiveness Index
5.3 Aerospace Composites Market Size Estimation and Forecast by Fibre Type
5.4 Carbon Fibre Composites
5.4.1 Market Size by Region, 2024-2034 (US$ Billion)
5.4.2 Market Share by Region, 2024 & 2034 (%)
5.5 Glass Fibre Composites
5.5.1 Market Size by Region, 2024-2034 (US$ Billion)
5.5.2 Market Share by Region, 2024 & 2034 (%)
5.6 Aramid Fibre Composites
5.6.1 Market Size by Region, 2024-2034 (US$ Billion)
5.6.2 Market Share by Region, 2024 & 2034 (%)
6 Aerospace Composites Market Analysis by Aircraft Type
6.1 Key Findings
6.2 Aircraft Type Segment: Market Attractiveness Index
6.3 Aerospace Composites Market Size Estimation and Forecast by Aircraft Type
6.4 Commercial Aircraft
6.4.1 Market Size by Region, 2024-2034 (US$ Billion)
6.4.2 Market Share by Region, 2024 & 2034 (%)
6.5 General Aviation
6.5.1 Market Size by Region, 2024-2034 (US$ Billion)
6.5.2 Market Share by Region, 2024 & 2034 (%)
6.6 Military Aircraft
6.6.1 Market Size by Region, 2024-2034 (US$ Billion)
6.6.2 Market Share by Region, 2024 & 2034 (%)
6.7 Helicopters
6.7.1 Market Size by Region, 2024-2034 (US$ Billion)
6.7.2 Market Share by Region, 2024 & 2034 (%)
7 Aerospace Composites Market Analysis by Application
7.1 Key Findings
7.2 Application Segment: Market Attractiveness Index
7.3 Aerospace Composites Market Size Estimation and Forecast by Application
7.4 Interior Components
7.4.1 Market Size by Region, 2024-2034 (US$ Billion)
7.4.2 Market Share by Region, 2024 & 2034 (%)
7.5 Exterior Components
7.5.1 Market Size by Region, 2024-2034 (US$ Billion)
7.5.2 Market Share by Region, 2024 & 2034 (%)
7.6 Engine Components
7.6.1 Market Size by Region, 2024-2034 (US$ Billion)
7.6.2 Market Share by Region, 2024 & 2034 (%)
7.7 Structural Components
7.7.1 Market Size by Region, 2024-2034 (US$ Billion)
7.7.2 Market Share by Region, 2024 & 2034 (%)
7.8 Other Applications
7.8.1 Market Size by Region, 2024-2034 (US$ Billion)
7.8.2 Market Share by Region, 2024 & 2034 (%)
8 Aerospace Composites Market Analysis by Resin Type
8.1 Key Findings
8.2 Resin Type Segment: Market Attractiveness Index
8.3 Aerospace Composites Market Size Estimation and Forecast by Application
8.4 Epoxy
8.4.1 Market Size by Region, 2024-2034 (US$ Billion)
8.4.2 Market Share by Region, 2024 & 2034 (%)
8.5 Phenolic
8.5.1 Market Size by Region, 2024-2034 (US$ Billion)
8.5.2 Market Share by Region, 2024 & 2034 (%)
8.6 Polyester
8.6.1 Market Size by Region, 2024-2034 (US$ Billion)
8.6.2 Market Share by Region, 2024 & 2034 (%)
8.7 Polyimide
8.7.1 Market Size by Region, 2024-2034 (US$ Billion)
8.7.2 Market Share by Region, 2024 & 2034 (%)
8.8 Thermoplastic
8.8.1 Market Size by Region, 2024-2034 (US$ Billion)
8.8.2 Market Share by Region, 2024 & 2034 (%)
8.9 Other Resin Type
8.9.1 Market Size by Region, 2024-2034 (US$ Billion)
8.9.2 Market Share by Region, 2024 & 2034 (%)
9 Aerospace Composites Market Analysis by Region
9.1 Key Findings
9.2 Regional Market Size Estimation and Forecast
10 North America Aerospace Composites Market Analysis
10.1 Key Findings
10.2 North America Aerospace Composites Market Attractiveness Index
10.3 North America Aerospace Composites Market by Country, 2024, 2029 & 2034 (US$ Billion)
10.4 North America Aerospace Composites Market Size Estimation and Forecast
10.5 North America Aerospace Composites Market Size Estimation and Forecast by Country
10.6 North America Aerospace Composites Market Size Estimation and Forecast by Carbon Fibre Type
10.7 North America Aerospace Composites Market Size Estimation and Forecast by Fibre Type
10.8 North America Aerospace Composites Market Size Estimation and Forecast by Aircraft Type
10.9 North America Aerospace Composites Market Size Estimation and Forecast by Application
10.10 North America Aerospace Composites Market Size Estimation and Forecast by Resin Type
10.11 U.S. Aerospace Composites Market Analysis
10.12 Canada Aerospace Composites Market Analysis
11 Europe Aerospace Composites Market Analysis
11.1 Key Findings
11.2 Europe Aerospace Composites Market Attractiveness Index
11.3 Europe Aerospace Composites Market by Country, 2024, 2029 & 2034 (US$ Billion)
11.4 Europe Aerospace Composites Market Size Estimation and Forecast
11.5 Europe Aerospace Composites Market Size Estimation and Forecast by Country
11.6 Europe Aerospace Composites Market Size Estimation and Forecast by Carbon Fibre Type
11.7 Europe Aerospace Composites Market Size Estimation and Forecast by Fibre Type
11.8 Europe Aerospace Composites Market Size Estimation and Forecast by Aircraft Type
11.9 Europe Aerospace Composites Market Size Estimation and Forecast by Application
11.10 Europe Aerospace Composites Market Size Estimation and Forecast by Resin Type
11.11 Germany Aerospace Composites Market Analysis
11.12 UK Aerospace Composites Market Analysis
11.13 France Aerospace Composites Market Analysis
11.14 Italy Aerospace Composites Market Analysis
11.15 Spain Aerospace Composites Market Analysis
11.16 Rest of Europe Aerospace Composites Market Analysis
12 Asia-Pacific Aerospace Composites Market Analysis
12.1 Key Findings
12.2 Asia-Pacific Aerospace Composites Market Attractiveness Index
12.3 Asia-Pacific Aerospace Composites Market by Country, 2024, 2029 & 2034 (US$ Billion)
12.4 Asia-Pacific Aerospace Composites Market Size Estimation and Forecast
12.5 Asia-Pacific Aerospace Composites Market Size Estimation and Forecast by Country
12.6 Asia-Pacific Aerospace Composites Market Size Estimation and Forecast by Carbon Fibre Type
12.7 Asia-Pacific Aerospace Composites Market Size Estimation and Forecast by Fibre Type
12.8 Asia-Pacific Aerospace Composites Market Size Estimation and Forecast by Aircraft Type
12.9 Asia-Pacific Aerospace Composites Market Size Estimation and Forecast by Application
12.10 Asia-Pacific Aerospace Composites Market Size Estimation and Forecast by Resin Type
12.11 China Aerospace Composites Market Analysis
12.12 India Aerospace Composites Market Analysis
12.13 Japan Aerospace Composites Market Analysis
12.14 South Korea Aerospace Composites Market Analysis
12.15 Australia Aerospace Composites Market Analysis
12.16 Rest of Asia-Pacific Aerospace Composites Market Analysis
13 Middle East and Africa Aerospace Composites Market Analysis
13.1 Key Findings
13.2 Middle East and Africa Aerospace Composites Market Attractiveness Index
13.3 Middle East and Africa Aerospace Composites Market by Country, 2024, 2029 & 2034 (US$ Billion)
13.4 Middle East and Africa Aerospace Composites Market Size Estimation and Forecast
13.5 Middle East and Africa Aerospace Composites Market Size Estimation and Forecast by Country
13.6 Middle East and Africa Aerospace Composites Market Size Estimation and Forecast by Carbon Fibre Type
13.7 Middle East and Africa Aerospace Composites Market Size Estimation and Forecast by Fibre Type
13.8 Middle East and Africa Aerospace Composites Market Size Estimation and Forecast by Aircraft Type
13.9 Middle East and Africa Aerospace Composites Market Size Estimation and Forecast by Application
13.10 Middle East and Africa Aerospace Composites Market Size Estimation and Forecast by Resin Type
13.11 GCC Aerospace Composites Market Analysis
13.12 South Africa Aerospace Composites Market Analysis
13.13 Rest of Middle East & Africa Aerospace Composites Market Analysis
14 Latin America Aerospace Composites Market Analysis
14.1 Key Findings
14.2 Latin America Aerospace Composites Market Attractiveness Index
14.3 Latin America Aerospace Composites Market by Country, 2024, 2029 & 2034 (US$ Billion)
14.4 Latin America Aerospace Composites Market Size Estimation and Forecast
14.5 Latin America Aerospace Composites Market Size Estimation and Forecast by Country
14.6 Latin America Aerospace Composites Market Size Estimation and Forecast by Carbon Fibre Type
14.7 Latin America Aerospace Composites Market Size Estimation and Forecast by Fibre Type
14.8 Latin America Aerospace Composites Market Size Estimation and Forecast by Aircraft Type
14.9 Latin America Aerospace Composites Market Size Estimation and Forecast by Application
14.10 Latin America Aerospace Composites Market Size Estimation and Forecast by Resin Type
14.11 Brazil Aerospace Composites Market Analysis
14.12 Mexico Aerospace Composites Market Analysis
14.13 Rest of Latin America Aerospace Composites Market Analysis
15 Company Profiles
15.1 Competitive Landscape, 2022
15.2 Strategic Outlook
15.3 Toray Industries, Inc.
15.3.1 Company Snapshot
15.3.2 Company Overview
15.3.3 Financial Analysis
15.3.4 Net Revenue, 2018-2022
15.3.4.1 R&D, 2018-2022
15.3.4.2 Regional Revenue Share, 2022 (%)
15.3.4.3 Business Segment Revenue Share, 2022 (%)
15.3.5 Product Benchmarking
15.3.6 Strategic Outlook
15.4 Mitsubishi Chemical Group Corporation
15.4.1 Company Snapshot
15.4.2 Company Overview
15.4.3 Financial Analysis
15.4.4 Net Revenue, 2018-2022
15.4.4.1 R&D, 2018-2022
15.4.4.2 Business Segment Revenue Share, 2022 (%)
15.4.5 Product Benchmarking
15.4.6 Strategic Outlook
15.5 Hexcel Corporation
15.5.1 Company Snapshot
15.5.2 Company Overview
15.5.3 Financial Analysis
15.5.4 Net Revenue, 2018-2022
15.5.4.1 R&D, 2018-2022
15.5.4.2 Regional Revenue Share, 2022 (%)
15.5.4.3 Business Segment Revenue Share, 2022 (%)
15.5.5 Product Benchmarking
15.5.6 Strategic Outlook
15.6 Teijin Limited
15.6.1 Company Snapshot
15.6.2 Company Overview
15.6.3 Financial Analysis
15.6.4 Net Revenue, 2018-2022
15.6.4.1 R&D, 2018-2022
15.6.5 Product Benchmarking
15.6.6 Strategic Outlook
15.7 Materion Corporation
15.7.1 Company Snapshot
15.7.2 Company Overview
15.7.3 Financial Analysis
15.7.4 Net Revenue, 2018-2022
15.7.4.1 R&D, 2018-2022
15.7.4.2 Regional Revenue Share, 2022 (%)
15.7.4.3 Business Segment Revenue Share, 2022 (%)
15.7.5 Product Benchmarking
15.7.6 Strategic Outlook
15.8 Owens Corning
15.8.1 Company Snapshot
15.8.2 Company Overview
15.8.3 Financial Analysis
15.8.4 Net Revenue, 2018-2022
15.8.4.1 R&D, 2018-2022
15.8.4.2 Business Segment Revenue Share, 2022 (%)
15.8.5 Product Benchmarking
15.8.6 Strategic Outlook
15.9 Spirit AeroSystems Holdings
15.9.1 Company Snapshot
15.9.2 Company Overview
15.9.3 Financial Analysis
15.9.4 Net Revenue, 2018-2022
15.9.4.1 R&D, 2018-2022
15.9.4.2 Business Segment Revenue Share, 2022 (%)
15.9.5 Product Benchmarking
15.9.6 Strategic Outlook
15.10 Lee Aerospace, Inc
15.10.1 Company Snapshot
15.10.2 Company Overview
15.10.3 Product Benchmarking
15.11 General Electric Company
15.11.1 Company Snapshot
15.11.2 Company Overview
15.11.3 Financial Analysis
15.11.4 Net Revenue, 2018-2022
15.11.4.1 R&D, 2018-2022
15.11.4.2 Regional Revenue Share, 2022 (%)
15.11.4.3 Business Segment Revenue Share, 2022 (%)
15.11.5 Product Benchmarking
15.11.6 Strategic Outlook
15.12 Rolls-Royce Limited
15.12.1 Company Snapshot
15.12.2 Company Overview
15.12.3 Financial Analysis
15.12.4 Net Revenue, 2018-2022
15.12.4.1 R&D, 2018-2022
15.12.4.2 Regional Revenue Share, 2022 (%)
15.12.4.3 Business Segment Revenue Share, 2022 (%)
15.12.5 Product Benchmarking
15.12.6 Strategic Outlook
15.13 Kineco Kaman Composites
15.13.1 Company Snapshot
15.13.2 Company Overview
15.13.3 Product Benchmarking
15.13.4 Strategic Outlook
15.14 Nippon Graphite Fibre Corporation
15.14.1 Company Snapshot
15.14.2 Company Overview
15.14.3 Product Benchmarking
15.15 Albany Engineered Composites
15.15.1 Company Snapshot
15.15.2 Company Overview
15.15.3 Product Benchmarking
15.15.4 Strategic Outlook
15.16 PRF Composite Materials
15.16.1 Company Snapshot
15.16.2 Company Overview
15.16.3 Product Benchmarking
15.16.4 Strategic Outlook
15.17 Victrex plc
15.17.1 Company Snapshot
15.17.2 Company Overview
15.17.3 Financial Analysis
15.17.4 Net Revenue, 2018-2022
15.17.4.1 R&D, 2018-2022
15.17.4.2 Regional Revenue Share, 2022 (%)
15.17.4.3 Business Segment Revenue Share, 2022 (%)
15.17.5 Product Benchmarking
15.17.6 Strategic Outlook
16 Conclusion and Recommendations
16.1 Concluding Remarks from Visiongain
16.2 Recommendations for Market Players

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