Aerospace Materials Market Report 2026

The aerospace materials market size has grown strongly in recent years. It will grow from $39.52 billion in 2025 to $43.13 billion in 2026 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to growth in commercial aircraft production, expansion of global air passenger traffic, rising defense and military aircraft spending, increased use of aluminum and titanium alloys in airframes, long-term investments in aerospace manufacturing infrastructure.

The aerospace materials market size is expected to see strong growth in the next few years. It will grow to $58.28 billion in 2030 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to increasing demand for next-generation fuel-efficient aircraft, rising adoption of composite-intensive aircraft platforms, growth in unmanned aerial vehicles (UAVs), expansion of aircraft maintenance repair and overhaul (MRO) activities, continued modernization of military fleets. Major trends in the forecast period include increasing adoption of lightweight and high-strength aerospace materials, growing use of advanced composites in aircraft structures, rising demand for high-temperature and corrosion-resistant alloys, expansion of materials designed for fuel efficiency and emission reduction, increasing focus on extended material lifespan and fatigue resistance.

Rising commercial aircraft deliveries are expected to propel the growth of the aerospace materials market in the coming years. Commercial aircraft play a vital role in modern transportation systems, allowing the rapid and efficient movement of passengers and goods worldwide. These aircraft depend heavily on aerospace materials to achieve optimal performance, ensure safety, enhance fuel efficiency, and improve passenger comfort. For example, in September 2024, according to the Aerospace Industries Association (AIA), a U.S.-based trade organization, the U.S. aerospace and defense industry achieved a notable milestone in 2023, generating more than $955 billion in sales, representing a 7.1 percent increase compared to the previous year. Additionally, the Aerospace and Defense (A&D) workforce expanded by 4.8 percent from 2022 to 2023, exceeding the national average growth rate of 1.7 percent. Consequently, the growing number of commercial aircraft deliveries is expected to support the expansion of the aerospace materials market.

Major companies in the aerospace materials manufacturing sector are focusing on technological advancements, such as RTM (Resin Transfer Molding) resin and rapid-cure prepreg, to enhance performance, reduce production times, and improve the efficiency of composite structures in aerospace applications. RTM resin and rapid-cure prepreg are advanced composite materials designed for the efficient production of lightweight, strong components, allowing for faster manufacturing processes while adhering to the industry's stringent performance and safety standards. For example, in June 2023, Hexcel, a U.S.-based industrial materials company, launched HexPly M51 prepreg and HiFlow HF610F-2 resin. HexPly M51 prepreg is a rapid-cure aerospace material that is fully compatible with automated processes like Automated Tape Laying (ATL) and Automated Fiber Placement (AFP). HiFlow HF610F-2 resin is an RTM resin suitable for high-rate manufacturing of small to medium-sized parts. These innovations are designed to enable higher production rates in the aerospace materials sector.

On August 12, 2024, Pexco LLC, a U.S.-based plastic extrusion company, acquired Precise Aerospace Manufacturing for an undisclosed amount. This acquisition aims to enhance Pexco's aerospace capabilities and expand its product offerings. Precise Aerospace Manufacturing is a U.S.-based aerospace company that specializes in providing aerospace materials.

Major companies operating in the aerospace materials market report 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, Tata Advanced Systems Limited, 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, Alestis Aerospace, Saab AB, Sukhoi Company, 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 2025. The regions covered in the aerospace materials market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the aerospace materials market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The aerospace materials market consists of sales of graphene, polymer composites, glass-fiber-reinforced plastic, carbon fiber, and glass- and aramid-reinforced epoxy. 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.

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