The Global Aeroengine Composites Market Set for Growth with an Expected CAGR of 16.4% by 2030

The global aeroengine composites market is poised for significant growth, with Market Data Forecast estimating its value to reach USD 5.82 billion by 2027, driven by a Compound Annual Growth Rate (CAGR) of 16.4% during the forecast period.

Aeroengine composites, comprised of fibers like carbon or glass embedded in a polymer or resin matrix, play a vital role in aircraft engine construction. These advanced materials provide a superior strength-to-weight ratio, durability, and resistance to corrosion and fatigue. Utilized in components such as fan blades and casings, aeroengine composites contribute to reduced aircraft weight and enhanced fuel efficiency. The aviation industry's increasing focus on lightweight, high-performance materials underscores the significance of aeroengine composites in modern aerospace applications.

The relentless pursuit of fuel efficiency and reduced carbon emissions drive the adoption of aeroengine composites. Lightweight composite materials play a pivotal role in mitigating overall engine weight, contributing to improved fuel efficiency and environmental sustainability.

Ongoing advancements in composite materials, including enhanced strength, durability, and heat resistance, propel the demand for aeroengine composites. These innovations enable the development of components that withstand the extreme conditions of aerospace environments.

The surge in demand for high-bypass turbofan engines, prevalent in commercial aviation, accentuates the need for advanced materials. Aeroengine composites offer the strength-to-weight ratio required for fan blades and other components in these high-performance engines.


The production of high-performance composites involves intricate processes and materials that can be costly. Managing production costs without compromising on material quality remains a challenge for widespread adoption in the aeroengine industry.

Stringent regulatory standards in the aviation industry necessitate meticulous certification processes for new materials. Navigating these standards and ensuring compliance can pose challenges, impacting the pace of adoption of aeroengine composites.

Key Players in the Aeroengine Composites Market:
● Hexcel Corporation
● Toray Industries, Inc.
● Cytec Solvay Group
● Teijin Limited
● Mitsubishi Chemical Corporation
● Gurit Holding AG
● Renegade Materials Corporation
● Axiom Materials, Inc.
● Park Aerospace Corp.
● SGL Carbon SE
● Toho Tenax Co., Ltd.
● Royal Ten Cate (Toray Advanced Composites)
● ACP Composites Inc.
● Vector Composites, Inc.
● Plasan Carbon Composites
● AIM Altitude
● FACC AG
● Zodiac Aerospace (Now part of Safran)
● General Electric (GE Aviation)

Recent Developments:
● In June 2023, Safran invested in research and development to enhance aero-engine composites. This could include improvements in manufacturing processes and materials for better performance.
● In Aug 2023, UTC Aerospace Systems continued its focus on composite materials for aero-engines. They may have introduced innovations to reduce weight and increase durability.
● In Aug 2022, MTU Aero Engines developments in aero-engine composites, aiming to improve the efficiency and sustainability of their engines. This could involve advancements in materials and manufacturing processes.

Key Market Segments Covered in Aeroengine Composites Industry Research:

By Aircraft Type
● Narrow-Body Aircraft,
● Wide-Body Aircraft,
● Regional Aircraft,
● Helicopter,
● Military Aircraft
By Application
● Fan Blades,
● Fan Case,
● Outlet Guide Vanes,
● Shrouds,
● Others
By Composite
● Polymer Matrix Composites,
● Ceramic Matrix Composites,
● Metal Matrix Composites
By Region
● North America
● Europe
● Asia-Pacific
● Latin America
● Middle East and Africa
North America, comprising the United States and Canada, stands out as a dominant force in the Aeroengine Composites market. This is attributed to the strong presence of major aerospace manufacturers, extensive research and development activities, and a robust aerospace industry. The region's technological innovation and emphasis on lightweight materials for improved aircraft performance contribute to its market dominance. The United States, home to leading aircraft manufacturers and suppliers, plays a pivotal role in steering the Aeroengine Composites market in North America.
Europe is another significant player in the Aeroengine Composites market. Countries like the United Kingdom, France, and Germany have well-established aerospace industries with a rich history of manufacturing and innovation. European aerospace companies have been at the forefront of developing composite materials for aeroengine applications. The region's commitment to environmental sustainability and stringent regulations on emissions drive the adoption of composite materials for aircraft engines, further consolidating Europe's position in the market.
The Asia-Pacific region, with countries such as China, Japan, and India, is experiencing rapid growth in the Aeroengine Composites market. Increasing air travel demands, rising investments in aerospace infrastructure, and a growing number of aircraft manufacturing projects contribute to the region's dominance. Countries like China have made substantial strides in aerospace technology and manufacturing, fostering the demand for advanced materials like composites in aeroengines.