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Baltic.News™ > Blog > Press Releases > Aerospace Composites Market Size to Reach USD 63.22 Billion by 2031 with Rising Demand for Lightweight Aircraft Materials – Mordor Intelligence
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Aerospace Composites Market Size to Reach USD 63.22 Billion by 2031 with Rising Demand for Lightweight Aircraft Materials – Mordor Intelligence

NEWSROOM
Last updated: May 9, 2026 1:24 am
NEWSROOM
Published: May 9, 2026
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Aerospace Composites Market Overview 

According to Mordor Intelligence, the aerospace composites market size is valued at USD 38.79 billion in 2026 and is expected to reach USD 63.22 billion by 2031 at a CAGR of 10.25% during the forecast period. The aerospace composites market forecast highlights increasing demand for lightweight aircraft structures, wider use of thermoplastic composites, and growing investments in electric aircraft and hypersonic programs. Aircraft manufacturers are focusing on materials that improve fuel efficiency, reduce maintenance needs, and support better structural performance across commercial, military, and space applications. 

The aerospace composites industry is also seeing higher adoption of automated manufacturing systems that help improve production speed and consistency. Aerospace companies are increasing the use of carbon fiber and advanced resin systems in airframes, engine components, and interior structures. Growing aircraft deliveries in Asia-Pacific and rising investments in aircraft modernization programs are supporting aerospace composites market growth across multiple regions. 

Aerospace Composites Market Trends 

Growing Demand for Lightweight Aircraft Structures 

One of the major aerospace composites market trends is the growing focus on lightweight aircraft components. Aircraft manufacturers are increasing the use of composite materials to reduce aircraft weight and improve fuel efficiency. Composite structures are being used in wings, fuselage sections, interiors, and engine parts because they offer strength while lowering overall aircraft mass. 

Rising Use of Automated Fiber Placement Systems 

Automated fiber placement systems are becoming an important part of the aerospace composites industry. Manufacturers are using automated production methods to improve manufacturing accuracy and reduce material waste. These systems also help aerospace companies increase production output for large commercial aircraft programs. 

Increasing Investments in Electric and Hypersonic Aircraft Programs 

Electric propulsion programs and hypersonic aircraft projects are supporting aerospace composites market growth across global aerospace sectors. Advanced composite materials are being selected for these applications because they can withstand demanding operating conditions while maintaining structural strength. 

Aerospace Composites Market Segmentation 

By Fiber Type 

  • Glass Fiber 
  • Carbon Fiber 
  • Ceramic Fiber 
  • Aramid Fiber 
  • Other Fiber Types 

By Resin Type 

  • Thermoset Composites 
  • Thermoplastic Composites 

By Manufacturing Process 

  • Lay-Up (Hand and Automated) 
  • Resin Transfer Molding (RTM) 
  • Filament Winding 
  • Injection/Compression Molding 
  • Automated Fiber Placement and Tape Laying 
  • Additive Manufacturing of Composites 

By Aircraft Type 

  • Commercial Aircraft 
  • Business Jets 
  • Military Aircraft 
  • Helicopters 
  • Spacecraft and Launch Vehicles 

By Structural Component 

  • Interior Components 
  • Exterior and Airframe 
  • Engine Components 
  • Auxiliary Structures 

By End-User 

  • OEM 
  • Aftermarket/MRO 

By Geography 

  • North America 
  • Europe 
  • Asia-Pacific 
  • South America 
  • Middle East and Africa 

Explore Our Full Library of Aerospace & Defense Research Report: 

https://www.mordorintelligence.com/market-analysis/aerospace-defense?utm_source=emailwire 

Aerospace Composites Industry Key Players 

The aerospace composites industry includes several major material suppliers and aerospace manufacturing companies that focus on carbon fiber production, advanced resin systems, and composite structure development. 

Key Players 

  • Hexcel Corporation 
  • Solvay 
  • SGL Carbon 
  • Mitsubishi Chemical Carbon Fiber and Composites, Inc. (Mitsubishi Chemical Group Corporation) 
  • Toray Industries, Inc. 

Explore more insights on aerospace composites competitive landscape:  https://www.mordorintelligence.com/industry-reports/aerospace-composites-market/companies?utm_source=emailwire  

Conclusion  

The aerospace composites market forecast remains positive as airlines, aircraft manufacturers, and defense organizations continue investing in fuel-efficient aircraft and lightweight structural materials. Composite materials are expected to play an important role in future aircraft development due to increasing focus on performance improvement, operating efficiency, and material durability. 

The aerospace composites market growth outlook is also supported by rising aircraft deliveries, increasing aircraft modernization programs, and expanding investments in electric aviation technologies. Aerospace manufacturers are expected to continue increasing the use of composite structures across commercial aircraft, military platforms, and space programs. The aerospace composites industry is likely to see continued demand for carbon fiber materials, automated manufacturing systems, and recyclable composite solutions.  

Get detailed insights on the aerospace composites market: 

https://www.mordorintelligence.com/industry-reports/aerospace-composites-market?utm_source=emailwire  

Industry Related Reports 

Aircraft Paint Market: The aircraft paint market is growing due to increasing aircraft production and rising demand for maintenance, repair, and overhaul services. Advancements in lightweight and durable coating technologies are further driving market growth. 

Get more insights: https://www.mordorintelligence.com/industry-reports/aircraft-paint-market?utm_source=emailwire 

Aircraft Actuators Market size: The market is projected to grow from USD 10.86 billion in 2026 to USD 14.84 billion by 2031 at a CAGR of 6.45%. Growth is driven by increasing aircraft deliveries, advancements in flight control systems, and rising adoption of electric actuators. 

Get more insights: https://www.mordorintelligence.com/industry-reports/aircraft-actuators-market?utm_source=emailwire 

Commercial Aircraft Landing Gear Market share: The market is expected to grow from USD 5.82 billion in 2026 to USD 9.77 billion by 2031 at a CAGR of 10.91%. Growth is fueled by increasing commercial aircraft production, fleet expansion, and rising demand for advanced landing gear systems. 

Get more insights: https://www.mordorintelligence.com/industry-reports/commercial-aircraft-landing-gear-market?utm_source=emailwire 

Explore JA Titles from Mordor Intelligence 

Air Traffic Management Market: https://www.mordorintelligence.com/ja/industry-reports/air-traffic-management-market 

Aircraft Landing Gear Systems Market: https://www.mordorintelligence.com/ja/industry-reports/aircraft-landing-gear-systems-market 

Airport Ground Handling Systems Market: https://www.mordorintelligence.com/ja/industry-reports/airport-ground-handling-systems-market 

About Mordor Intelligence 

Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals. 

With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics. 

For any inquiries or to access the full report, please contact: 

media@mordorintelligence.com
https://www.mordorintelligence.com/ 



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