Top 50 Companies in Aerospace composites Market: Statistics Report Till 2035
RELEASE DATE: Sep 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Aerospace Composites Market Size is projected to Grow from USD 29.4 Billion in 2024 to USD 98.23 Billion by 2035, at a CAGR of 11.94% during the forecast period 2025–2035. Aluminum sheets' toughness, durability, ease of availability, and anti-corrosive properties have made them a popular choice for aircraft manufacturing for a long time.
Introduction
The need for lightweight, high-performance materials by aircraft manufacturers is driving the growth of the aerospace composites sector. Advanced composites, especially carbon fiber materials, are being used more and more by manufacturers and airlines to improve fuel efficiency and comply with environmental requirements. These materials assist cut aircraft weight and fuel consumption while lowering emissions since they have superior strength-to-weight ratios than conventional choices. Aerospace composites are being used by both the military and commercial aircraft industries, which propels market expansion and material technology advancements. Advanced materials, automation, and digital technologies are being adopted by the aircraft sector to improve sustainability, lower costs, and increase performance. More sophisticated composites, such as carbon fiber and ceramic materials, are being used by aircraft makers to satisfy the growing demand for aircraft that are lightweight and fuel-efficient. The design and manufacture of airplane parts are being altered by new technologies including 3D printing, smart materials, and real-time monitoring systems, which speed up and improve manufacturing accuracy. By attempting to reduce emissions and develop materials that can endure harsh environments, particularly for hypersonic travel and new aircraft systems, the sector also places a strong emphasis on environmental protection.
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Aerospace Composites Market Size & Statistics
- The Market Size for Aerospace Composites Was Estimated to be worth USD 29.4 Billion in 2024.
- The Market Size is Going to Expand at a CAGR of 11.94% between 2025 and 2035.
- The Global Aerospace Composites Market Size is anticipated to reach USD 98.23 Billion by 2035.
- North America is expected to generate the highest demand during the forecast period in the Aerospace Composites Market.
- Asia-Pacific is expected to grow the fastest during the forecast period in the Aerospace Composites Market.
Regional growth and demand
Asia-Pacific is expected to grow the fastest during the forecast period in the aerospace composites market. In growing economies like China and India, the need for mid-sized commercial aircraft has grown dramatically to support the expansion of the aerospace sector. In addition, the growing military budget and fighter jet spending in nations like India are anticipated to open up profitable growth prospects for market participants.
North America is expected to generate the highest demand during the forecast period in the aerospace composites market. A large portion of composites are used by the United States, which has the largest fleet of military aircraft in the world. American military aircraft such as the B2 bomber, Gripen JAS39, F22 raptor, F16, AV-8B, F18 hornet, and others have a good number of composites. The region's largest users of aerospace composites are both commercial and military aircraft. Due mostly to the A350, Airbus is one of the biggest consumers of composites in the area.
Top 5 trends in the Aerospace Composites Market
- Rapid Adoption of Thermoplastic Composites
- Increasing Use of Carbon Fiber Reinforced Polymers (CFRPs)
- Growth in Sustainable and Recyclable Composite Materials
- Advances in Additive Manufacturing and 3D Printing of Composites
- Rising Demand from Space Launch and Military Stealth Programs
1. Rapid Adoption of Thermoplastic Composites
Thermoplastic composites are gaining traction due to their faster production rates and recyclability. Their ability to be easily reshaped and repaired offers significant cost and environmental benefits, accelerating their adoption in aircraft manufacturing.
2. Increasing Use of Carbon Fiber Reinforced Polymers (CFRPs)
CFRPs provide excellent strength-to-weight ratios, making them ideal for reducing aircraft weight and improving fuel efficiency. Their extensive use in primary structures like wings and fuselages boosts overall aircraft performance and lowers emissions.
3. Growth in Sustainable and Recyclable Composite Materials
Pressure for greener aviation drives development of composites sourced from bio-based materials and those designed for recycling. Sustainable composites support environmental goals and help meet regulatory requirements without compromising performance.
4. Advances in Additive Manufacturing and 3D Printing of Composites
3D printing allows precise fabrication of complex composite parts with minimal waste. This technology shortens lead times, reduces costs, and enables customization, revolutionizing aerospace component manufacturing.
5. Rising Demand from Space Launch and Military Stealth Programs
Lightweight, heat-resistant composites are critical in space launch vehicles and stealth aircraft. Innovations in ceramic matrix composites and radar-absorbing materials cater to these industries, driving specialized aerospace composites market growth.
Empower your strategic planning:
Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the aerospace composites market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 25 Companies Leading the Aerospace Composites Market
- Toray Industries, Inc.
- Hexcel Corporation
- Solvay SA
- Gurit Holding AG
- SGL Carbon SE
- Mitsubishi Chemical Holdings Corporation
- Owens Corning
- BASF SE
- Teijin Limited
- Cytec Solvay Group
- Huntsman Corporation
- Mitsubishi Rayon Co., Ltd.
- Jushi Group
- Sabic
- Hexion Inc.
- Park Aerospace
- Zoltek (a subsidiary of Toray)
- DSM Composite Resins
- Advanced Composites Group
- Gurit Sarl
- Haydale Group
- Fiberline Composites A/S
- Johns Manville
- Owens Corning Marine and Offshore
- Rock West Composites, Inc.
1. Toray Industries, Inc. – Headquarters: Tokyo, Japan
Toray Industries is a global leader in aerospace composites, renowned for its high-performance carbon fiber and advanced composite materials. The company supplies cutting-edge composite solutions widely used in aircraft structures, including wings and fuselages, contributing significantly to weight reduction and fuel efficiency. Toray’s innovations in thermoplastic composites and prepreg manufacturing enhance strength and recyclability, aligning with aerospace industry sustainability goals. Strong collaborations with major aircraft manufacturers worldwide underline Toray’s pivotal role in driving aerospace composite market growth through continuous material advancements and large-scale production capabilities.
2. Hexcel Corporation – Headquarters: Stamford, Connecticut, USA
Hexcel Corporation specializes in high-performance composite materials for aerospace, including carbon fiber, prepregs, and honeycomb core products. The company’s composites are integral to lightweight aircraft design, improving fuel efficiency and structural performance. Hexcel invests heavily in R&D to develop recyclable and sustainable composites, reinforcing its commitment to aerospace industry environmental standards. With an extensive global manufacturing and service network, Hexcel supports leading original equipment manufacturers (OEMs) and aftermarket sectors, maintaining its status as a key contributor to evolving aerospace composite technologies.
3. Solvay SA – Headquarters: Brussels, Belgium
Solvay is a major supplier of advanced composite materials, including thermoplastic and thermoset composites, serving the aerospace industry globally. The company’s high-performance products offer excellent mechanical properties, heat resistance, and weight reduction, essential for next-generation aircraft. Solvay’s focus on sustainable composite solutions and circular economy initiatives supports customer efforts to reduce environmental impact. Strategic partnerships with aerospace OEMs and continuous innovation in resin and fiber technologies position Solvay as a critical player in the aerospace composites market evolution.
4. Gurit Holding AG – Headquarters: Wattwil, Switzerland
Gurit provides composite materials and engineering solutions tailored for aerospace applications, including prepregs, structural core materials, and adhesives. The company’s lightweight and durable composites enhance aircraft performance and fuel efficiency. Gurit places strong emphasis on tailored material solutions and customer collaboration, enabling innovation in thermoplastic and thermoset composites. Its global footprint and commitment to sustainability through recyclable composites reinforce Gurit’s leadership in delivering advanced materials that meet strict aerospace industry standards.
5. SGL Carbon SE – Headquarters: Wiesbaden, Germany
SGL Carbon is a prominent manufacturer of carbon fiber and composite materials used extensively in aerospace structures. The company focuses on high-strength, lightweight materials that improve aircraft efficiency and reduce emissions. SGL Carbon invests in next-generation carbon fiber technologies, emphasizing sustainability and recyclability. It partners with major aerospace OEMs to develop composite solutions for both commercial and military aircraft, reinforcing its position at the forefront of aerospace composite innovation and manufacturing.
Are you ready to discover more about the aerospace composites market?
The report provides an in-depth analysis of the leading companies operating in the global aerospace composites market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- Toray Industries, Inc.
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- Hexcel Corporation
- Solvay SA
- Gurit Holding AG
- SGL Carbon SE
- Mitsubishi Chemical Holdings Corporation
- Owens Corning
- BASF SE
- Teijin Limited
- Others.
Conclusion
The Aerospace Composites Market Size is experiencing strong growth driven by the aviation industry's need for lightweight, high-strength materials to improve fuel efficiency and reduce emissions. The market is projected to expand significantly between 2025 and 2034, with carbon fiber reinforced polymers (CFRPs) leading demand due to their excellent strength-to-weight ratios and durability. Advancements in manufacturing technologies such as automated fiber placement and additive manufacturing are enabling more efficient, cost-effective production of complex composite structures.
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