Aeroengine Composites Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Global Aeroengine Composites Market Analysis and it is segmented by Application (Commercial Aircraft, Military Aircraft, and General Aviation Aircraft), Component (Fan Blades, Fan Case, Guide Vanes, Shrouds, and Other Components), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle-East and Africa). The market size and forecasts for all the above segments are provided in terms of value (USD billion).

Aeroengine Composites Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Aeroengine Composites Market Size

Aeroengine Composites Market Size
Study Period 2019 - 2030
Base Year For Estimation 2024
Market Size (2025) USD 3.76 Billion
Market Size (2030) USD 6.35 Billion
CAGR (2025 - 2030) 11.02 %
Fastest Growing Market Asia Pacific
Largest Market North America

Major Players

Aeroengine Composites Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Aeroengine Composites Market with other markets in Aerospace & Defense Industry

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Aeroengine Composites Market Analysis

The Aeroengine Composites Market size is estimated at USD 3.76 billion in 2025, and is expected to reach USD 6.35 billion by 2030, at a CAGR of 11.02% during the forecast period (2025-2030).

The outbreak of the COVID-19 pandemic in 2020 severely impacted the entire aviation industry. It has resulted in several aircraft operators filing for bankruptcy, which reduced the demand for aircraft and aircraft engines. Reducing future defense spending may also hamper future military aircraft procurement plans, as countries are more focused on enhancing healthcare infrastructure. The shutdown of industries in several countries in 2020 halted the manufacturing of components and materials and impacted the supply chain associated with aircraft and engine manufacturing. Although situations improved in 2021, the demand is expected to continue to remain lower than the pre-COVID-19 levels in the near future.

The substantial rise in passenger traffic and the imposition of new emission regulations led to a significant increase in demand for new-generation aircraft purchases over the last decade, before the pandemic. Aircraft manufacturers are developing new aircraft models in the commercial, military, and general aviation sectors, requiring newer engines with better performance and low weight. As a result, the emphasis on newer material technologies like composites is increasing.

With the major engine manufacturers emphasizing their own in-house composite material development capabilities, the dependency on outsourced materials is expected to reduce over the years.

Aeroengine Composites Industry Overview

GE Aviation, Safran SA, Solvay SA, Meggitt PLC, and Hexcel Corporation are some of the prominent players in the market. Among the engine manufacturers, Safran and GE Aviation generate the highest demand for the aero-engine composites, whereas other manufacturers like Rolls-Royce PLC and Pratt & Whitney (Raytheon Technologies Corporation) are expected to increase the volume of composite usage in their engine models in the years to come. Over the years, engine manufacturers have developed significant in-house composite manufacturing capacities. For instance, GE Aviation has its own composites manufacturing facilities and various joint ventures (like Nexcelle with Safran SA). This trend may affect the market revenues of the composite suppliers for the engine OEMs. The usage of composites is increasing in aircraft.

The increase in the overall engine production rates means that the forecast period is showing considerable growth impetus for the aeroengine composite part manufacturers and their respective supply chains. Simultaneously, material suppliers will need to expand their raw materials output to stay in the competition, which is currently higher than ever before. The development of composites that can sustain high temperatures in the engine core will play a key role in the forecast period. Any improvement in this direction will greatly benefit composite manufacturers.

Aeroengine Composites Market Leaders

  1. Safran SA

  2. Meggitt PLC

  3. Hexcel Corporation

  4. GE Aviation

  5. Solvay SA

  6. *Disclaimer: Major Players sorted in no particular order
GE Aviation, Safran SA, Solvay SA, Meggitt PLC, and Hexcel Corporation
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Aeroengine Composites Market News

  • In November 2021, Safran Aircraft Engines and Albany International Corp. announced an agreement extending their partnership to 2046. Albany International and Safran signed the original framework agreement in 2006, resulting in the creation of their joint venture for the development of high technology composite parts (3D woven and Resin Transfer Molded technologies) designed for aircraft engines, landing gears, and nacelles.
  • In July 2021, Pratt & Whitney opened a new ceramic matrix composites (CMCs) engineering and development 'Center of Excellence' in Carlsbad, California. The new center will be an engineering, development, and low-rate production facility dedicated to CMCs for aerospace applications.

Aeroengine Composites Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of Study
  • 1.3 Currency Conversion Rates for USD

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

  • 3.1 Market Size and Forecast, Global, 2018 - 2027
  • 3.2 Market Share by Application, 2021
  • 3.3 Market Share by Component, 2021
  • 3.4 Market Share by Geography, 2021
  • 3.5 Structure of the Market and Key Participants

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
  • 4.3 Market Restraints
  • 4.4 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Buyers/Consumers
    • 4.4.2 Bargaining Power of Suppliers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size and Forecast by Value - USD billion, 2018 - 2027)

  • 5.1 Application
    • 5.1.1 Commercial Aircraft
    • 5.1.2 Military Aircraft
    • 5.1.3 General Aviation Aircraft
  • 5.2 Component
    • 5.2.1 Fan Blades
    • 5.2.2 Fan Case
    • 5.2.3 Guide Vanes
    • 5.2.4 Shrouds
    • 5.2.5 Other Components
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.1.1 Application
    • 5.3.1.2 Canada
    • 5.3.1.2.1 Application
    • 5.3.2 Europe
    • 5.3.2.1 United Kingdom
    • 5.3.2.1.1 Application
    • 5.3.2.2 France
    • 5.3.2.2.1 Application
    • 5.3.2.3 Germany
    • 5.3.2.3.1 Application
    • 5.3.2.4 Rest of Europe
    • 5.3.2.4.1 Application
    • 5.3.3 Asia-Pacific
    • 5.3.3.1 China
    • 5.3.3.1.1 Application
    • 5.3.3.2 India
    • 5.3.3.2.1 Application
    • 5.3.3.3 Japan
    • 5.3.3.3.1 Application
    • 5.3.3.4 Rest of Asia-Pacific
    • 5.3.3.4.1 Application
    • 5.3.4 Latin America
    • 5.3.4.1 Brazil
    • 5.3.4.1.1 Application
    • 5.3.4.2 Rest of Latin America
    • 5.3.4.2.1 Application
    • 5.3.5 Middle-East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.1.1 Application
    • 5.3.5.2 United Arab Emirates
    • 5.3.5.2.1 Application
    • 5.3.5.3 Egypt
    • 5.3.5.3.1 Application
    • 5.3.5.4 Rest of Middle-East and Africa
    • 5.3.5.4.1 Application

6. COMPETITIVE LANDSCAPE

  • 6.1 Vendor Market Share
  • 6.2 Company Profiles
    • 6.2.1 GE Aviation
    • 6.2.2 Rolls-Royce PLC
    • 6.2.3 Safran SA
    • 6.2.4 General Dynamics Corporation
    • 6.2.5 GKN Aerospace
    • 6.2.6 FACC AG
    • 6.2.7 Meggitt PLC
    • 6.2.8 Hexcel Corporation
    • 6.2.9 Solvay SA
    • 6.2.10 Albany Engineered Composites Inc.
    • 6.2.11 Pratt & Whitney (Raytheon Technologies Corporation)
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Aeroengine Composites Industry Segmentation

The study includes all aircraft engines in active production, with parts that include composites. Composites used in helicopter engines are excluded from the study.

The market is segmented by application into Commercial Aircraft, Military Aircraft, and General Aviation Aircraft. It is also segmented by component into Fan Blades, Fan Case, Guide Vanes, Shrouds, and Other Components. The other components segment includes the use of composites in the design and construction of nacelle components, such as thrust reversers, acoustic liners, cascades, blocker doors, radial drive fairings, and cowlings.

The report provides the market size and forecasts for all the major countries in various regions. The profiles of major players in the market are also covered, along with their market shares. The market size and forecast are provided by value (USD billion).

Application Commercial Aircraft
Military Aircraft
General Aviation Aircraft
Component Fan Blades
Fan Case
Guide Vanes
Shrouds
Other Components
Geography North America United States Application
Canada Application
Europe United Kingdom Application
France Application
Germany Application
Rest of Europe Application
Asia-Pacific China Application
India Application
Japan Application
Rest of Asia-Pacific Application
Latin America Brazil Application
Rest of Latin America Application
Middle-East and Africa Saudi Arabia Application
United Arab Emirates Application
Egypt Application
Rest of Middle-East and Africa Application
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Aeroengine Composites Market Research FAQs

How big is the Aeroengine Composites Market?

The Aeroengine Composites Market size is expected to reach USD 3.76 billion in 2025 and grow at a CAGR of 11.02% to reach USD 6.35 billion by 2030.

What is the current Aeroengine Composites Market size?

In 2025, the Aeroengine Composites Market size is expected to reach USD 3.76 billion.

Who are the key players in Aeroengine Composites Market?

Safran SA, Meggitt PLC, Hexcel Corporation, GE Aviation and Solvay SA are the major companies operating in the Aeroengine Composites Market.

Which is the fastest growing region in Aeroengine Composites Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Aeroengine Composites Market?

In 2025, the North America accounts for the largest market share in Aeroengine Composites Market.

What years does this Aeroengine Composites Market cover, and what was the market size in 2024?

In 2024, the Aeroengine Composites Market size was estimated at USD 3.35 billion. The report covers the Aeroengine Composites Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Aeroengine Composites Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Aeroengine Composites Industry Report

Statistics for the 2025 Aeroengine Composites market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Aeroengine Composites analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.