United States Aerospace Composites Market

Market Overview:

United States aerospace composites market size reached US$ 6.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 11.8 Billion by 2032, exhibiting a growth rate (CAGR) of 6.5% during ​2024-2032​. The expanding aerospace industry, which constantly demand for lightweight materials that maintain structural integrity, is driving the market.

Aerospace composites refer to advanced materials used in the construction of aircraft and spacecraft, typically composed of a combination of high-performance fibers and resins. These materials offer a remarkable strength-to-weight ratio, making them crucial for enhancing structural integrity and reducing the overall weight of aerospace components. Carbon fiber, fiberglass, and aramid are commonly employed as reinforcement materials, while epoxy and other high-performance resins serve as matrices to bind the fibers together. The implementation of aerospace composites leads to improved fuel efficiency, increased payload capacity, and enhanced overall performance in aerospace applications. These materials also contribute to greater resistance against corrosion and fatigue, thereby extending the operational life of aerospace structures. The aerospace industry continues to invest in R&D to further optimize composite materials, ensuring their widespread use in manufacturing wings, fuselages, and other critical components, pushing the boundaries of innovation in modern aviation and space exploration.

United States Aerospace Composites Market Trends:

The aerospace composites market in the United States is experiencing robust growth, primarily propelled by advancements in technology and increasing demand for lightweight, fuel-efficient aircraft. Furthermore, the escalating focus on environmental sustainability is driving the adoption of composites, as they contribute to reduced fuel consumption and emissions. In addition to these factors, the growing need for high-performance materials that offer enhanced strength-to-weight ratios is steering the aerospace industry toward composites. Moreover, the escalating competition among airlines to enhance operational efficiency and reduce maintenance costs is fueling the demand for composites. The inherent corrosion resistance and durability of composite materials contribute significantly to prolonged service life, resulting in cost savings for operators. Additionally, the aerospace sector's increasing emphasis on safety and the stringent regulatory standards governing the industry are compelling manufacturers to incorporate advanced materials like composites, which possess superior structural integrity. Besides this, the expanding regional fleet of commercial and military aircraft, which amplifies the demand for aerospace composites as airlines seek to modernize their fleets with more technologically advanced and fuel-efficient aircraft, is expected to drive the market in the United States during the forecast period.

United States Aerospace Composites Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for ​2024-2032​. Our report has categorized the market based on fiber type, resin type, aircraft type, application, and manufacturing process.

Fiber Type Insights:

• Carbon Fiber Composites
• Ceramic Fiber Composites
• Glass Fiber Composites
• Others
   

The report has provided a detailed breakup and analysis of the market based on the fiber type. This includes carbon fiber composites, ceramic fiber composites, glass fiber composites, and others.

Resin Type Insights:

• Epoxy
• Phenolic
• Polyester
• Polyimides
• Thermoplastics
• Ceramic and Metal Matrix
• Others
   

A detailed breakup and analysis of the market based on the resin type have also been provided in the report. This includes epoxy, phenolic, polyester, polyimides, thermoplastics, ceramic and metal matrix, and others.

Aircraft Type Insights:

• Commercial Aircraft
• Business Aviation
• Civil Helicopters
• Military Aircraft and Helicopters
• Others
   

The report has provided a detailed breakup and analysis of the market based on the aircraft type. This includes commercial aircraft, business aviation, civil helicopters, military aircraft and helicopters, and others.

Application Insights:

• Interior Parts
• Exterior Parts
   

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes interior parts and exterior parts.

Manufacturing Process Insights:

• AFP/ATL
• Layup
• RTM/VARTM
• Filament Winding
• Others
   

The report has provided a detailed breakup and analysis of the market based on the manufacturing process. This includes AFP/ATL, layup, RTM/VARTM, filament winding, and others.

Regional Insights:

• Northeast
• Midwest
• South
• West
   

The report has also provided a comprehensive analysis of all the major regional markets, which include the Northeast, Midwest, South, and West.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

United States Aerospace Composites Market Report Coverage:

Key Questions Answered in This Report:

• How has the United States aerospace composites market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the United States aerospace composites market?
• What is the breakup of the United States aerospace composites market on the basis of fiber type?
• What is the breakup of the United States aerospace composites market on the basis of resin type?
• What is the breakup of the United States aerospace composites market on the basis of aircraft type?
• What is the breakup of the United States aerospace composites market on the basis of application?
• What is the breakup of the United States aerospace composites market on the basis of manufacturing process?
• What are the various stages in the value chain of the United States aerospace composites market? 
• What are the key driving factors and challenges in the United States aerospace composites?
• What is the structure of the United States aerospace composites market and who are the key players?
• What is the degree of competition in the United States aerospace composites market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the United States aerospace composites market from 2018-2032.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the United States aerospace composites market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the United States aerospace composites industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.