Aerospace Composites Global Market Report 2024

Global Aerospace Composites Market Report 2024

Aerospace Composites Global Market Report 2024 – By Fiber Type (Carbon Fiber Composites, Ceramic Fiber Composites, Glass Fiber Composites, Others), By Aircraft Type (Commercial Aircraft, Business & General Aviation, Civil Helicopter, Military Aircraft, Others), By Manufacturing Process (AFP/ATL, Lay-Up Process, Resin Transfer Molding Process, Filament Winding Process, Others), By Resin Type (Benzoxazine, Cyanate Ester, Bismalimide, Ceramic and Metal Matrix, Thermosetting Resins, Polyester, Others), By Application (Interior, Exterior) – Market Size, Trends, And Global Forecast 2024-2033

Name: Aerospace Composites Global Market Report 2024
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Aerospace Composites Global Market Report 2024

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Aerospace Composites Global Market Report 2024

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Aerospace Composites Market Definition

Aerospace composites refer to superior materials used to make effective aircraft components and enhance the performance of commercial and military aircraft. Aerospace composites have superior physical properties and exceptional strength and stiffness-to-density ratios. Composites can be manufactured in different shapes, which reduces corrosion resistance and material wastage.

The main types of aerospace composites include carbon fiber composites, ceramic fiber composites, glass fiber composites, and others. Carbon composites are a broad class of materials in which carbon structures are spread throughout a material. They offer strength and stiffness while keeping them relatively lightweight. Ceramic composites offer excellent temperature stability, damage-tolerant fracture behavior, low density, good corrosion, high hardness, and wear resistance. Glass fiber composites offer flexibility, high strength, stiffness, and durability. Aerospace composites are mainly used in commercial aircraft, business and general aviation, civil helicopters, military aircraft, and others. The two major types of applications of aerospace composites are interior and exterior. Aerospace composites are manufactured through AFP/ATL, the lay-up process, resin transfer molding process, filament winding process, and other processes. Resins used for aerospace composites include benzoxazine, cyanate ester, bismalimide, ceramic and metal matrix, thermosetting resins, polyester, and others.

Aerospace Composites Market Segmentation

The aerospace composites market covered in this report is segmented –

1) By Fiber Type: Carbon Fiber Composites, Ceramic Fiber Composites, Glass Fiber Composites, Others

2) By Aircraft Type: Commercial Aircraft, Business & General Aviation, Civil Helicopter, Military Aircraft, Others

3) By Manufacturing Process: AFP/ATL, Lay-Up Process, Resin Transfer Moulding Process, Filament Winding Process, Others

4) By Resin Type: Benzoxazine, Cyanate Ester, Bismalimide, Ceramic and Metal Matrix, Thermosetting Resins, Polyester, Others

5) By Application: Interior, Exterior

Global Aerospace Composites Market Size 2023 to 2028: Graph

Aerospace Composites Market Size 2024 And Growth Rate

The aerospace composites market size has grown rapidly in recent years. It will grow from $31.08 billion in 2023 to $36.27 billion in 2024 at a compound annual growth rate (CAGR) of 16.7%. The growth in the historic period can be attributed to regulatory changes, environmental concerns, globalization, aging aircraft fleet, rise in number of commercial and defense aircraft.

Aerospace Composites Market Growth Forecast

The aerospace composites market size is expected to see rapid growth in the next few years. It will grow to $63.75 billion in 2028 at a compound annual growth rate (CAGR) of 15.1%. The growth in the forecast period can be attributed to economic growth, aircraft fleet modernization, recycling and sustainability initiatives, aerospace industry consolidation, growing demand for passenger and cargo aircraft production. Major trends in the forecast period include digital twin and simulation, adoption of additive manufacturing, engineered fiber architectures, sustainable and eco-friendly composites, advanced composite materials.

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Aerospace Composites Market Driver: Rising Demand For Lightweight Composite Materials Is Fueling Growth In The Aerospace Composites Market

The increase in demand for high-strength and lightweight composite materials is expected to drive the aerospace composites market. Energy efficiency can be increased, and fuel consumption can be reduced by using lightweight materials and thereby reducing the mass of the aircraft, as a lower mass requires less lift force and thrust during flight. Lightweight design helps in reducing the carbon footprint, higher structural strength and stiffness, flight performance improvements such as better acceleration, and better safety performance. For instance, in May 2023, according to reports from Composites United e.V. Germany, a non-profit association, the volume of the global composites sector in 2022 totaled 12.7 million metric tons compared with 2021. Therefore, increasing use of lightweight materials positively impacts the aerospace composites market's growth.

Aerospace Composites Market Driver: Commercial Aircraft Demand Fuels Growth In The Aerospace Composites Market

The increasing demand for commercial aircraft is expected to propel the growth of the aerospace composites market going forward. Commercial aircraft, often simply referred to as airliners, are aircraft primarily designed for the transportation of passengers and cargo as part of commercial air travel. Aerospace composites are used in various ways in commercial aircraft to improve performance, reduce weight, enhance fuel efficiency, ensure safety, and meet stringent environmental and safety standards. For instance, in July 2023, according to reports published by Gulf Industry, a US-based magazine company, the global commercial aviation fleet is projected to grow by 33%, reaching over 36,000 aircraft by 2033, up from the 27,400 aircraft in operation in 2020. Therefore, the increasing demand for commercial aircraft is driving the growth of the increasing demand for commercial aircraft composites market.

Global Aerospace Composites Market Major Players

Major companies operating in the aerospace composites market include Solvay SA, Toray Industries Inc., Mitsubishi Chemical Holdings Corporation, Hexcel Corporation, Teijin Limited, SGL Carbon SE, Materion Corporation, Owens Corning, Spirit AeroSystems Inc., LEE Aerospace Inc., Gurit Holding AG, General Electric Corporation, Rolls-Royce Motor Cars Ltd., Kineco-Kaman Composites, Nippon Graphite Fiber Corporation, Lockheed Martin Corporation, Raytheon Technologies Corporation, The Boeing Company, Airbus SE, Northrop Grumman Corporation, Safran SA, Leonardo S.p.A., Honeywell International Inc., L3Harris Technologies Inc., Dassault Aviation SA, Arconic Corporation, Aviation Industry Corporation of China, Triumph Group Inc., Harris Corporation

Global Aerospace Composites Market Trend: Technological Advancements Propel Aerospace Composites Market For Energy-Efficient Aircraft

Companies in the aerospace composites market are focusing on technological advancement to accelerate and develop composite material and process technologies for the next generation of energy-efficient aircraft and future mobility. Airlines are trying to replace outdated aircraft with technologically advanced and modern aircraft. These new aircraft are equipped with increased payload capacities and cost-efficiency. As a result of this, there is widespread adoption of aerospace composites across the globe. For example, in March 2021, GKN Aerospace, a UK-based company involved in the automotive and aerospace components business, launched a consortium called ASCEND (aerospace and automotive supply chain enabled development). With this launch, the UK has become a technology leader in future lightweight structures. It also helps to reduce carbon emissions and energy consumption in the aerospace industry.

Global Aerospace Composites Market Trend: Innovative Rapid Integrated Press Molding Technology Revolutionizes Aerospace Composites Manufacturing

Major companies operating in the aerospace composites market are developing innovative technology, such as rapid integrated press molding technology for carbon fiber reinforced plastic (CFRP) mobility components. Rapid integrated press molding technology is a new method for manufacturing CFRP components. It is significantly faster than traditional methods, and it can produce CFRP components with higher quality and consistency. For instance, in February 2023, Toray Industries Inc., a Japan-based company that specializes in industrial products, developed rapid integrated press molding technology, a new method for manufacturing carbon fiber-reinforced plastic (CFRP) components. It is significantly faster than traditional methods, and it can produce CFRP components with higher quality and consistency. Technology has a number of advantages. Faster molding times, lower costs, and improved quality could lead to more fuel-efficient aircraft and longer flight ranges.

Aerospace Composites Market Merger And Acquisition: Applied Composites Engineering Inc. Acquires North Coast Llc To Enhance Aerospace Capabilities And Expand Product Portfolio

In June 2022, Applied Composites Engineering Inc., a US-based aerospace and defense company, acquired North Coast LLC for an undisclosed amount. Through this acquisition, Koura aims to expand its product portfolio, strengthen its capabilities, expand its reach, and achieve synergies. North Coast LLC is a US-based manufacturer of resin-transfer-molded composite structures and tooling for aerospace.

Regional Outlook For The Global Aerospace Composites Market

North America was the largest region in the aerospace composites market in 2023. Asia-Pacific is expected to be the fastest-growing region in the aerospace composites market share during the forecast period. The regions covered in the aerospace composites market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the aerospace composites market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The aerospace composites market consists of sales of aramid-reinforced epoxy, and boron-reinforced aerospace composites. 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.

The aerospace composites market research report is one of a series of new reports from The Business Research Company that provides aerospace composites market statistics, including aerospace composites industry global market size, regional shares, competitors with an aerospace composites market share, detailed aerospace composites market segments, market trends and opportunities, and any further data you may need to thrive in the aerospace composites industry. This aerospace composites market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Aerospace Composites Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$36.27 billion
Revenue Forecast In 2033	$63.75 billion
Growth Rate	CAGR of 15.1% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Fiber Type: Carbon Fiber Composites, Ceramic Fiber Composites, Glass Fiber Composites, Others 2) By Aircraft Type: Commercial Aircraft, Business & General Aviation, Civil Helicopter, Military Aircraft, Others 3) By Manufacturing Process: AFP/ATL, Lay-Up Process, Resin Transfer Molding Process, Filament Winding Process, Others 4) By Resin Type: Benzoxazine, Cyanate Ester, Bismalimide, Ceramic and Metal Matrix, Thermosetting Resins, Polyester, Others 5) By Application: Interior, Exterior
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Solvay SA; Toray Industries Inc.; Mitsubishi Chemical Holdings Corporation; Hexcel Corporation; Teijin Limited; SGL Carbon SE; Materion Corporation; Owens Corning; Spirit AeroSystems Inc.; LEE Aerospace Inc.; Gurit Holding AG; General Electric Corporation; Rolls-Royce Motor Cars Ltd.; Kineco-Kaman Composites; Nippon Graphite Fiber Corporation; Lockheed Martin Corporation; Raytheon Technologies Corporation; The Boeing Company; Airbus SE; Northrop Grumman Corporation; Safran SA; Leonardo S.p.A.; Honeywell International Inc.; L3Harris Technologies Inc.; Dassault Aviation SA; Arconic Corporation; Aviation Industry Corporation of China; Triumph Group Inc.; Harris Corporation
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Aerospace Composites Market Characteristics

3. Aerospace Composites Market Trends And Strategies

4. Aerospace Composites Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market

4.2. Ukraine-Russia War Impact On the Market

4.3. COVID-19 Impact On the Market

5. Global Aerospace Composites Market Size and Growth

5.1. Global Aerospace Composites Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Aerospace Composites Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Aerospace Composites Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Aerospace Composites Market Segmentation

6.1. Global Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Carbon Fiber Composites

Ceramic Fiber Composites

Glass Fiber Composites

Other Fiber Types

6.2. Global Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Commercial Aircraft

Business & General Aviation

Civil Helicopter

Military Aircraft

Other Aircraft Types

7. Aerospace Composites Market Regional And Country Analysis

7.1. Global Aerospace Composites Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Aerospace Composites Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Aerospace Composites Market

8.1. Asia-Pacific Aerospace Composites Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Aerospace Composites Market

9.1. China Aerospace Composites Market Overview

9.2. China Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Aerospace Composites Market

10.1. India Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Aerospace Composites Market

11.1. Japan Aerospace Composites Market Overview

11.2. Japan Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Aerospace Composites Market

12.1. Australia Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Aerospace Composites Market

13.1. Indonesia Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Aerospace Composites Market

14.1. South Korea Aerospace Composites Market Overview

14.2. South Korea Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Aerospace Composites Market

15.1. Western Europe Aerospace Composites Market Overview

15.2. Western Europe Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Aerospace Composites Market

16.1. UK Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Aerospace Composites Market

17.1. Germany Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Aerospace Composites Market

18.4. France Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.5. France Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Aerospace Composites Market

19.7. Italy Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.8. Italy Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Aerospace Composites Market

20.10. Spain Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.11. Spain Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Aerospace Composites Market

21.1. Eastern Europe Aerospace Composites Market Overview

21.2. Eastern Europe Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Aerospace Composites Market

22.1. Russia Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Aerospace Composites Market

23.1. North America Aerospace Composites Market Overview

23.2. North America Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Aerospace Composites Market

24.1. USA Aerospace Composites Market Overview

24.2. USA Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Aerospace Composites Market

25.1. Canada Aerospace Composites Market Overview

25.2. Canada Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Aerospace Composites Market

26.1. South America Aerospace Composites Market Overview

26.2. South America Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Aerospace Composites Market

27.1. Brazil Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Aerospace Composites Market

28.1. Middle East Aerospace Composites Market Overview

28.2. Middle East Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Aerospace Composites Market

29.1. Africa Aerospace Composites Market Overview

29.2. Africa Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Aerospace Composites Market Competitive Landscape And Company Profiles

30.1. Aerospace Composites Market Competitive Landscape

30.2. Aerospace Composites Market Company Profiles

30.2.1. Solvay SA

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Toray Industries Inc.

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Mitsubishi Chemical Holdings Corporation

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Hexcel Corporation

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Teijin Limited

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Global Aerospace Composites Market Competitive Benchmarking

32. Global Aerospace Composites Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Aerospace Composites Market

34. Aerospace Composites Market Future Outlook and Potential Analysis

34.1 Aerospace Composites Market In 2028 - Countries Offering Most New Opportunities

34.2 Aerospace Composites Market In 2028 - Segments Offering Most New Opportunities

34.3 Aerospace Composites Market In 2028 - Growth Strategies

34.3.1 Market Trend Based Strategies

34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations

35.2. Currencies

35.3. Historic And Forecast Inflation Rates

35.4. Research Inquiries

35.5. The Business Research Company

35.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Aerospace Composites Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Aerospace Composites Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Asia-Pacific, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: China, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: China, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: India, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: India, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: Japan, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: Japan, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: Australia, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: Australia, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Indonesia, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Indonesia, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: South Korea, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: South Korea, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Western Europe, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Western Europe, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: UK, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: UK, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Germany, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Germany, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: France, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: France, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Italy, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Italy, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Spain, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Spain, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: Eastern Europe, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: Eastern Europe, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Russia, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Russia, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: North America, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: North America, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: USA, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: USA, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Canada, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Canada, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: South America, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: South America, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Brazil, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Brazil, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Middle East, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Middle East, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Africa, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Africa, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Solvay SA Financial Performance

Table 52: Toray Industries Inc. Financial Performance

Table 53: Mitsubishi Chemical Holdings Corporation Financial Performance

Table 54: Hexcel Corporation Financial Performance

Table 55: Teijin Limited Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Aerospace Composites Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Aerospace Composites Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Asia-Pacific, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: China, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: China, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: India, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: India, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: Japan, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: Japan, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: Australia, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: Australia, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Indonesia, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Indonesia, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: South Korea, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: South Korea, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Western Europe, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Western Europe, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: UK, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: UK, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Germany, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Germany, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: France, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: France, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Italy, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Italy, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Spain, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Spain, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: Eastern Europe, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: Eastern Europe, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Russia, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Russia, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: North America, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: North America, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: USA, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: USA, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Canada, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Canada, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: South America, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: South America, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Brazil, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Brazil, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Middle East, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Middle East, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Africa, Aerospace Composites Market, Segmentation By Fiber Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Africa, Aerospace Composites Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Solvay SA Financial Performance

Figure 52: Toray Industries Inc. Financial Performance

Figure 53: Mitsubishi Chemical Holdings Corporation Financial Performance

Figure 54: Hexcel Corporation Financial Performance

Figure 55: Teijin Limited Financial Performance

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Frequently Asked Questions

What is the definition of the aerospace coatingsmarket?

Aerospace coatings provide a high level of resistance against high-temperature ranges, extreme UV exposure, air drag erosion, humidity corrosion, and the effect of high-velocity dust particles. It also helps to resist cracking due to variable air pressures. Aerospace coatings are applied to jets, planes, helicopters, and other aircraft to preserve their beauty and guard against corrosion. For further insights on the aerospace coatings market, request a sample here

How will the aerospace coatings market drivers and restraints affect the aerospace coatings market dynamics? What forces will shape the aerospace coatings industry going forward?

The aerospace coatings market major growth driver - rising demand for commercial aircraft fuels growth in the aerospace coatings market. For further insights on the aerospace coatings market, request a sample here

What is the forecast market size or the forecast market value of the aerospace coatings market ?

The aerospace coatings market size has grown strongly in recent years. It will grow from $2.52 billion in 2023 to $2.71 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to rise in defense budgets, growth of the aviation industry, ageing aircraft fleet, stringent regulations for aircraft safety and maintenance, rising demand for commercial and defense aircrafts. The aerospace coatings market size is expected to see strong growth in the next few years. It will grow to $3.65 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to rising air traffic, shifting consumer preferences, demand for aircraft lightweighting, need for fuel efficiency, rising demand for new generation aircraft. Major trends in the forecast period include sustainability and eco-friendly coatings, nanotechnology in coatings, digitalization and smart coatings, advanced coating technologies, anti-icing and de-icing coatings. For further insights on the aerospace coatings market, request a sample here

How is the aerospace coatings market segmented?

The aerospace coatings market is segmented
1) By Product Type: Top-Coat, Primer, Other Product Types
2) By Resin: Epoxy, Polyurethane, Acrylic, Other Resins
3) By Technology: Solvent-Based Coatings, Water-Based Coatings, Powder Coatings, Other Technologies
4) By Application: Exterior, Interior
5) By End User: Commercial Aviation, Military Aviation, General Aviation, Other End Users For further insights on the aerospace coatings market, request a sample here

Which region has the largest share of the aerospace coatings market? What are the other regions covered in the report?

North America was the largest region in the aerospace coatings market in 2023. Asia-Pacific is expected to be the fastest-growing region in the aerospace coatings market share duing the forecast period. The regions covered in the aerospace coatings market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. For further insights on the aerospace coatings market, request a sample here.

Who are the major players in the aerospace coatings market?

Major companies operating in the aerospace coatings market include Akzo Nobel N.V., Henkel AG & Co. KGaA, Mankiewicz Coatings GmbH & Co. KG, Hentzen Coatings Inc, Badische Anilin und Soda Fabrik, IHI Ionbond AG, The Sherwin-Williams Company, Zircotec Ltd., Asahi Kinzoku Kogyo Inc., BryCoat Inc., Axalta Coating Systems Ltd., LORD Corporation, APV Engineered Coatings, Hardide PLC., Bodycote plc, PPG Industries, Oerlikon Balzers Coating S.A. Brügg, DowDuPont Inc., Hohman Plating & Manufacturing LLC, International Aerospace Coatings Holdings LP, Compagnie de Saint-Gobain S.A., AHC Oberflachentechnik, NV Specialty Coatings., The Sherwin-Williams Company, Chemetall GmbH, Greenkote PLC, BEKAERT, Mankiewicz Coatings, ShawCor Ltd. For further insights on the aerospace coatings market, request a sample here.

What are the key trends in the aerospace coatings market?

Major trend in the aerospace coatings market - product innovations drive progress in the aerospace coatings market. For further insights on the aerospace coatings market, request a sample here.

What are the major opportunities in the aerospace coatings market? What are the strategies for the aerospace coatings market?

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How does the aerospace coatings market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the aerospace coatings industry?

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What are the key dynamics influencing the aerospace coatings market growth? SWOT analysis of the aerospace coatings market.

For detailed insights on the key dynamics influencing the aerospace coatings market growth and SWOT analysis of the aerospace coatings industry, request a sample here.