Aerospace And Defense Composites Market Size
| Study Period | 2020 - 2030 |
| Market Size (2025) | USD 25.41 Billion |
| Market Size (2030) | USD 35.99 Billion |
| CAGR (2025 - 2030) | 7.21% |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Aerospace And Defense Composites Market Analysis
The Aerospace And Defense Composites Market size is estimated at USD 25.41 billion in 2025, and is expected to reach USD 35.99 billion by 2030, at a CAGR of 7.21% during the forecast period (2025-2030).
The increasing adoption of advanced composites in aircraft manufacturing drives market growth. The aviation industry's focus on reducing carbon emissions and improving fuel efficiency has led to the widespread use of lightweight composites in airframes, wings, and other aircraft components. Additionally, defense modernization programs across various countries are increasing the demand for composites in high-performance military aircraft and land vehicles.
Manufacturing innovations, including automated fiber placement and resin transfer molding techniques, have enhanced composite production quality and efficiency. These improvements have reduced manufacturing costs and broadened the application scope of composites across industries.
However, the high initial costs of composites and their manufacturing processes remain a significant barrier to widespread adoption, particularly for smaller OEMs and emerging markets. The complex repair and recycling requirements of composite materials also present challenges in lifecycle management.
Aerospace And Defense Composites Market Trends
The Protective Equipment Segment is Projected to Witness Significant Growth During the Forecast Period
Expanding military forces across countries increases the demand for sophisticated protective equipment. Military ballistic equipment, manufactured from high-strength, lightweight materials like Kevlar and carbon fiber, provides protection against bullet penetration and shrapnel from explosives. The equipment incorporates thermoset composites, including epoxy or phenolic resins reinforced with aramid fibers, which are essential components in ballistic helmets and body armor due to their impact resistance properties.
Military ballistic protection equipment must meet several critical requirements: preventing projectile penetration, minimizing blunt trauma from impacts, and providing thermal regulation and moisture management while maintaining lightweight characteristics and flexibility for optimal mobility. In April 2023, DuPont launched Kevlar EXO, a new aramid fiber product designed for military and aerospace applications. This material delivers enhanced ballistic protection while featuring improved flexibility and reduced weight, allowing better adaptation to body contours. These technological advancements in protective materials will contribute to market expansion in the forthcoming years.
Asia-Pacific is Expected to Record the Fastest Growth During the Forecast Period
Asia-Pacific's aerospace and defense market has experienced significant growth in recent years. The market expansion is driven by increasing air traffic, airport infrastructure development, and aircraft fleet modernization initiatives. In March 2024, Korean Air Lines contracted with Airbus to acquire 33 A350 wide-body jets for USD 13.7 billion to modernize its long-haul fleet. These aircraft incorporate Victrex PLC's polymer composites, including PEEK thermoplastic in cabin doors and cargo drainage systems. The aircraft also features TenCate Cetex RTL carbon-PPS thermoplastic laminates from Toray Advanced Composites (NL) in components such as clips/cleats, access covers, keel beam ribs, and cargo shear webs.
Increased defense manufacturing capabilities and higher defense spending in India, China, South Korea, and Japan further support the market growth. According to the Stockholm International Peace Research Institute (SIPRI), China and India ranked as the second and fourth largest defense spenders in 2023, with budgets of USD 296 billion and USD 83.6 billion, respectively. India's initiative to replace its aging Avro aircraft fleet with 56 C-295MW transport aircraft from Airbus Defence demonstrates this trend. These aircraft utilize advanced materials, including ceramic matrix composites in their engines, contributing to the market's continued expansion.
Aerospace And Defense Composites Industry Overview
The aerospace and defense composites market structure is semi-consolidated, with several local and global players holding significant market shares. The major OEMs include Hexcel Corporation, Syensqo SA, Toray Industries Inc., DuPont De Nemours, Inc., and Honeywell International Inc. These companies focus on developing advanced composites for defense equipment that offer lightweight and cost-effective solutions.
The aerospace and defense industries use composite materials to reduce aircraft weight, which improves fuel efficiency and payload capacity. In March 2024, Hexcel introduced the HexTow IM9 24K carbon fiber. The IM9 24K fiber delivers 6,300 MPa tensile strength and 298 GPa modulus, offering 12% higher strength than IM7 fiber for lightweight aerospace structures and improved fuel efficiency in aircraft applications. This development supports the implementation of high-strength composites in both military and commercial aircraft applications.
Aerospace And Defense Composites Market Leaders
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Hexcel Corporation
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Syensqo SA
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Toray Industries, Inc.
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DuPont De Nemours, Inc.
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Honeywell International Inc.
- *Disclaimer: Major Players sorted in no particular order
Aerospace And Defense Composites Market News
- December 2024: Hexcel Corporation partnered with Boeing to integrate the Flex-Core HRH-302 honeycomb core into the MQ-25 Stingray enhances composite material applications in aerospace and defense. Designed for high-temperature resistance around the exhaust nozzle, this lightweight, durable material improves UAV endurance, fuel efficiency, and payload capacity. The MQ-25's role in aerial refueling extends carrier-based fighter range, reinforcing naval operational reach. Advanced composite adoption reduces structural weight, increasing fuel loads and mission-specific equipment integration.
- May 2024: JCB Aero collaborated with SHD Holdings Limited to develop a floorboard panel system for the MRO market that achieved significant weight reduction. The panels incorporate FRVC411, a flame-retardant and toughened epoxy resin system developed by SHD, which enhanced durability while reducing weight and costs.
- January 2024: DuPont partnered strategically with Point-Blank Enterprises (PBE) to supply body armor manufactured with Kevlar EXO aramid fiber to North American state and local law enforcement departments. The collaboration enables law enforcement agencies to access advanced protective equipment incorporating the latest aramid fiber technology. The Kevlar EXO body armor delivers enhanced performance through its innovative design, combining lightweight construction, superior flexibility, and robust protection. This partnership strengthens both companies' commitment to providing law enforcement personnel with reliable and effective protective solutions that meet operational requirements while ensuring comfort during extended wear.
Aerospace And Defense Composites Industry Segmentation
Aerospace and defense composites are materials engineered for use in defense vehicles, equipment, and aircraft applications. These composites deliver structural support similar to aluminum at half the weight. The reduced weight leads to lower fuel consumption across various vehicles and aircraft. The analysis encompasses thermoset, thermoplastic, and ceramic matrix composites in aerospace and defense applications.
The aerospace and defense composites market is segmented by application, resin type, aircraft type, and geography. By application, the market is segmented into crewed and crewless aircraft, naval ships, land vehicles, protective equipment, and other applications (satellite structures, panels, missiles, etc.). By resin type, the market is segmented into thermoplastic composites, thermoset composites, and ceramic matrix composites. Also, the report covers the market sizes and forecasts for the aerospace and defense composites market in major countries across different regions. For each segment, the market size is provided in terms of value (USD).
| Application | Manned and Unmanned Aircraft | ||
| Naval Ships | |||
| Land Vehicles | |||
| Protective Equipment | |||
| Other Applications | |||
| Resin Type | Thermoset Composites | ||
| Thermoplastic Composites | |||
| Ceramic Matrix Composites | |||
| Geography | North America | United States | |
| Canada | |||
| Europe | United Kingdom | ||
| Germany | |||
| France | |||
| Russia | |||
| Rest of Europe | |||
| Asia-Pacific | China | ||
| India | |||
| Japan | |||
| South Korea | |||
| Rest of Asia-Pacific | |||
| Latin America | Brazil | ||
| Rest of Latin America | |||
| Middle East and Africa | United Arab Emirates | ||
| Saudi Arabia | |||
| Rest of Middle East and Africa | |||
| Manned and Unmanned Aircraft |
| Naval Ships |
| Land Vehicles |
| Protective Equipment |
| Other Applications |
| Thermoset Composites |
| Thermoplastic Composites |
| Ceramic Matrix Composites |
| North America | United States |
| Canada | |
| Europe | United Kingdom |
| Germany | |
| France | |
| Russia | |
| Rest of Europe | |
| Asia-Pacific | China |
| India | |
| Japan | |
| South Korea | |
| Rest of Asia-Pacific | |
| Latin America | Brazil |
| Rest of Latin America | |
| Middle East and Africa | United Arab Emirates |
| Saudi Arabia | |
| Rest of Middle East and Africa |
Aerospace And Defense Composites Market Research FAQs
How big is the Aerospace And Defense Composites Market?
The Aerospace And Defense Composites Market size is expected to reach USD 25.41 billion in 2025 and grow at a CAGR of 7.21% to reach USD 35.99 billion by 2030.
What is the current Aerospace And Defense Composites Market size?
In 2025, the Aerospace And Defense Composites Market size is expected to reach USD 25.41 billion.
Who are the key players in Aerospace And Defense Composites Market?
Hexcel Corporation, Syensqo SA, Toray Industries, Inc., DuPont De Nemours, Inc. and Honeywell International Inc. are the major companies operating in the Aerospace And Defense Composites Market.
Which is the fastest growing region in Aerospace And Defense 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 Aerospace And Defense Composites Market?
In 2025, the Asia Pacific accounts for the largest market share in Aerospace And Defense Composites Market.
What years does this Aerospace And Defense Composites Market cover, and what was the market size in 2024?
In 2024, the Aerospace And Defense Composites Market size was estimated at USD 23.58 billion. The report covers the Aerospace And Defense Composites Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Aerospace And Defense Composites Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Aerospace And Defense Composites Industry Report
Statistics for the 2025 Aerospace And Defense Composites market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Aerospace And Defense 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.
