The aerospace materials market size has grown strongly in recent years. It will grow from $36.53 billion in 2024 to $39.76 billion in 2025 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to strong economic growth in emerging markets, increased demand for air travel, and increasing military spending. 
The aerospace materials market size is expected to see strong growth in the next few years. It will grow to $56.04 billion in 2029 at a compound annual growth rate (CAGR) of 9%. The growth in the forecast period can be attributed to the increasing use of lightweight materials, rising government support, increased commercial aircraft deliveries, and rapid urbanization. Major trends in the forecast period include innovative products with a focus on structural film adhesives, a focus on advanced materials with improved strength and performance, advanced materials with 3d printing, a focus on investments in production capacities, and strategic partnerships and collaborations among market players.
The aerospace materials market is anticipated to experience growth due to the rising adoption of lightweight materials. The emphasis on selecting appropriate aerospace materials for specific applications is crucial, considering the demanding conditions such as atmospheric forces, temperature extremes, and ultraviolet rays that aircraft materials must endure. In March 2023, Jamco Corporation, a Japanese company specializing in aircraft engines and parts, showcased its Venture Premium Class Seat. This sustainable seating option, designed to minimize operational costs for airlines, incorporates a high percentage of recycled materials, is lighter than traditional seats, easy to install, and requires reduced overall maintenance. The utilization of lightweight materials is expected to contribute significantly to the expansion of the aerospace materials market.
The aerospace materials market is poised for growth, driven by the increasing number of commercial aircraft deliveries. Commercial aircraft play a pivotal role in modern transportation systems, facilitating rapid and efficient global travel for both people and goods. These aircraft heavily rely on aerospace materials to ensure optimal performance, safety, fuel efficiency, and passenger comfort. In 2022, Airbus SE, a prominent French aircraft manufacturer, achieved a milestone by delivering 661 commercial aircraft to 84 customers and securing 1,078 gross new orders, reflecting an 8% increase from the previous year. The continuous rise in commercial aircraft deliveries is expected to be a key driver for the growth 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.
Prominent aerospace materials manufacturers are actively engaging in product innovations to diversify their product portfolios and boost revenues. A notable example is Park Aerospace Corp., a US-based company specializing in the development and production of advanced composite materials through solutions and hot-melt processes. In June 2023, the company launched Aeroadhere FAE-350-1 Structural Film Adhesive, a novel product designed for bonding aerospace primary and secondary structures. The adhesive, with a curing temperature of 350°F, utilizes epoxy formulation and is intended for bonding applications involving composite-to-composite, honeycomb-to-honeycomb, metal-to-metal, and metal-to-honeycomb connections. Notably, Aeroadhere FAE-350-1 exhibits robust toughness and high-temperature capabilities, making it suitable for deployment in maintenance, repair, and overhaul (MRO) applications, as well as original equipment within the aerospace industry.
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 include 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. The regions covered in the aerospace materials market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the aerospace materials market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The primary components in aerospace materials, tailored for aircraft applications, encompass metal alloys and polymer-based materials, distinguished by their elevated tensile strength, heightened thermal resilience, increased transparency, and robust surface structure.
These materials are predominantly categorized as aluminum alloys, steel alloys, titanium alloys, superalloys, and composites. Aluminum alloys, for instance, incorporate additional elements to augment the inherent strength of pure aluminum. They find utility across diverse aircraft types such as commercial, business, general aviation, civil helicopters, military, and serve applications within aircraft interiors and exteriors.
The aerospace materials market research report is one of a series of new reports that provides aerospace materials market statistics, including aerospace materials industry global market size, regional shares, competitors with an aerospace materials market share, detailed aerospace materials market segments, market trends and opportunities, and any further data you may need to thrive in the aerospace materials industry. This aerospace materials market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
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.
This product will be delivered within 3-5 business days.
The aerospace materials market size is expected to see strong growth in the next few years. It will grow to $56.04 billion in 2029 at a compound annual growth rate (CAGR) of 9%. The growth in the forecast period can be attributed to the increasing use of lightweight materials, rising government support, increased commercial aircraft deliveries, and rapid urbanization. Major trends in the forecast period include innovative products with a focus on structural film adhesives, a focus on advanced materials with improved strength and performance, advanced materials with 3d printing, a focus on investments in production capacities, and strategic partnerships and collaborations among market players.
The aerospace materials market is anticipated to experience growth due to the rising adoption of lightweight materials. The emphasis on selecting appropriate aerospace materials for specific applications is crucial, considering the demanding conditions such as atmospheric forces, temperature extremes, and ultraviolet rays that aircraft materials must endure. In March 2023, Jamco Corporation, a Japanese company specializing in aircraft engines and parts, showcased its Venture Premium Class Seat. This sustainable seating option, designed to minimize operational costs for airlines, incorporates a high percentage of recycled materials, is lighter than traditional seats, easy to install, and requires reduced overall maintenance. The utilization of lightweight materials is expected to contribute significantly to the expansion of the aerospace materials market.
The aerospace materials market is poised for growth, driven by the increasing number of commercial aircraft deliveries. Commercial aircraft play a pivotal role in modern transportation systems, facilitating rapid and efficient global travel for both people and goods. These aircraft heavily rely on aerospace materials to ensure optimal performance, safety, fuel efficiency, and passenger comfort. In 2022, Airbus SE, a prominent French aircraft manufacturer, achieved a milestone by delivering 661 commercial aircraft to 84 customers and securing 1,078 gross new orders, reflecting an 8% increase from the previous year. The continuous rise in commercial aircraft deliveries is expected to be a key driver for the growth 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.
Prominent aerospace materials manufacturers are actively engaging in product innovations to diversify their product portfolios and boost revenues. A notable example is Park Aerospace Corp., a US-based company specializing in the development and production of advanced composite materials through solutions and hot-melt processes. In June 2023, the company launched Aeroadhere FAE-350-1 Structural Film Adhesive, a novel product designed for bonding aerospace primary and secondary structures. The adhesive, with a curing temperature of 350°F, utilizes epoxy formulation and is intended for bonding applications involving composite-to-composite, honeycomb-to-honeycomb, metal-to-metal, and metal-to-honeycomb connections. Notably, Aeroadhere FAE-350-1 exhibits robust toughness and high-temperature capabilities, making it suitable for deployment in maintenance, repair, and overhaul (MRO) applications, as well as original equipment within the aerospace industry.
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 include 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. The regions covered in the aerospace materials market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the aerospace materials market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The primary components in aerospace materials, tailored for aircraft applications, encompass metal alloys and polymer-based materials, distinguished by their elevated tensile strength, heightened thermal resilience, increased transparency, and robust surface structure.
These materials are predominantly categorized as aluminum alloys, steel alloys, titanium alloys, superalloys, and composites. Aluminum alloys, for instance, incorporate additional elements to augment the inherent strength of pure aluminum. They find utility across diverse aircraft types such as commercial, business, general aviation, civil helicopters, military, and serve applications within aircraft interiors and exteriors.
The aerospace materials market research report is one of a series of new reports that provides aerospace materials market statistics, including aerospace materials industry global market size, regional shares, competitors with an aerospace materials market share, detailed aerospace materials market segments, market trends and opportunities, and any further data you may need to thrive in the aerospace materials industry. This aerospace materials market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
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.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Aerospace Materials Market Characteristics3. Aerospace Materials Market Trends and Strategies4. Aerospace Materials Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Aerospace Materials Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Aerospace Materials Market34. Recent Developments in the Aerospace Materials Market
5. Global Aerospace Materials Growth Analysis and Strategic Analysis Framework
6. Aerospace Materials Market Segmentation
7. Aerospace Materials Market Regional and Country Analysis
8. Asia-Pacific Aerospace Materials Market
9. China Aerospace Materials Market
10. India Aerospace Materials Market
11. Japan Aerospace Materials Market
12. Australia Aerospace Materials Market
13. Indonesia Aerospace Materials Market
14. South Korea Aerospace Materials Market
15. Western Europe Aerospace Materials Market
16. UK Aerospace Materials Market
17. Germany Aerospace Materials Market
18. France Aerospace Materials Market
19. Italy Aerospace Materials Market
20. Spain Aerospace Materials Market
21. Eastern Europe Aerospace Materials Market
22. Russia Aerospace Materials Market
23. North America Aerospace Materials Market
24. USA Aerospace Materials Market
25. Canada Aerospace Materials Market
26. South America Aerospace Materials Market
27. Brazil Aerospace Materials Market
28. Middle East Aerospace Materials Market
29. Africa Aerospace Materials Market
30. Aerospace Materials Market Competitive Landscape and Company Profiles
31. Aerospace Materials Market Other Major and Innovative Companies
35. Aerospace Materials Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Aerospace Materials Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on aerospace materials market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for aerospace materials? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The aerospace materials market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Aluminum Alloys, Steel Alloys, Titanium Alloys, Super Alloys, Composites, Other Types2) By Aircraft Type: Commercial Aircraft, Business and General Aviation, Civil Helicopters, Military, Other Aircraft Types
3) By Application: Interior, Exterior
Subsegments:
1) By Aluminum Alloys: 2xxx Series (Copper Alloys); 5xxx Series (Magnesium Alloys); 7xxx Series (Zinc Alloys)2) By Steel Alloys: Carbon Steel Alloys; Stainless Steel Alloys; Tool Steel Alloys
3) ByTitanium Alloys: Alpha Alloys; Beta Alloys; Alpha-Beta Alloys
4) By Super Alloys: Nickel-Based Super Alloys; Cobalt-Based Super Alloys; Iron-Based Super Alloys
5) By Composites: Carbon Fiber Reinforced Polymers (CFRP); Glass Fiber Reinforced Polymers (GFRP); Aramid Fiber Composites
6) By Other Types: Magnesium Alloys; Hybrid Materials; Specialty Alloys
Key Companies Mentioned: Allegheny Technologies Incorporated; Arconic Corporation; Constellium SE; Hexcel Corporation; Solvay SA
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- 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
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | March 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 39.76 Billion |
| Forecasted Market Value ( USD | $ 56.04 Billion |
| Compound Annual Growth Rate | 9.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 54 |
