Aerospace Materials Market: USD 89.58 Billion by 2031 with Asia-Pacific Holding 53.65% Market Share in 2025, Reports Mordor Intelligence
The aerospace materials market is witnessing strong growth due to rising demand for lightweight structural composites that improve fuel efficiency and reduce aircraft operating costs. Rapid expansion in commercial space-launch activities is also increasing the use of superalloys, thermal-protection systems, and other advanced materials. Aerospace OEMs are accelerating carbon-neutral targets by replacing conventional materials with recyclable and lower-emission alternatives.
Hyderabad, India, May 25, 2026 (GLOBE NEWSWIRE) — According to Mordor Intelligence, the global aerospace materials market is projected to grow from USD 60.38 billion in 2026 to USD 89.58 billion by 2031, registering a CAGR of 8.21%. Growth is being supported by increasing use of composite materials, higher satellite and launch vehicle production, and airline demand for lightweight aircraft components that improve fuel efficiency.
Space companies are also increasing the use of superalloys and advanced thermal-protection materials, raising material consumption per launch. At the same time, manufacturers are shifting supply chains toward Asia-Pacific to reduce trade-related risks, while North America and Europe continue to lead in aerospace material innovation. Additive manufacturing is further helping companies reduce production timelines and lower component costs.
Aerospace Materials Market Trends & Forecast
Rising Use of 3D-Printed Aerospace Components
Additive manufacturing is gaining traction in aerospace production due to its ability to reduce material waste, shorten production timelines, and support complex component designs. Engine manufacturers and aerospace suppliers are increasingly using certified 3D-printed alloys for critical and secondary aircraft parts. Despite growing adoption, limitations related to surface finish and production scale continue to restrict broader use.
Himanshu Vasisht, Senior Research Manager, Mordor Intelligence, says “Assessment of the aerospace materials market requires careful evaluation of supply-chain developments, production activity, and end-use demand trends. By grounding conclusions in structured research, multi-source validation, and consistent analytical frameworks, Mordor Intelligence provides decision-makers with a dependable basis for comparing market developments and planning with greater confidence.”
Expensive Production Process for Carbon Fiber Materials
The high manufacturing cost and energy-intensive nature of aerospace-grade carbon fiber remain major challenges for the market. Rising raw material and energy costs are putting pressure on supplier margins, while certification requirements continue to limit low-cost alternatives. Companies are exploring renewable-energy-based production and next-generation precursor materials to improve long-term sustainability.
Dependence on Strategic Metal Supplies
Supply disruptions in titanium and other strategic aerospace metals are creating challenges for aircraft production and delivery schedules. Limited availability of qualified suppliers and lengthy certification timelines are restricting short-term supply flexibility. Although countries are increasing domestic production capacity, dependence on specialized metals continues to impact the aerospace materials market.
Visit our Japanese website to explore customized aerospace materials industry insights: https://www.mordorintelligence.com/ja/industry-reports/aerospace-materials-market?utm_source=globenewswire
Segment Dynamics Highlight Efficiency and Scalability Priorities
By Material Type
Structural Materials
- Composites
- Glass Fiber
- Carbon Fiber
- Aramid Fiber
- Other Composites (Ceramic-Matrix Composites, etc.)
- Plastics
- Alloys
- Aluminum and Al-Li Alloys
- Titanium Alloys
- Steel Alloys
- Superalloys (Ni, Co)
- Magnesium Alloys
- Other Alloys
Non-Structural and Functional Materials
- Coatings
- Adhesives and Sealants
- Epoxy
- Polyurethane
- Silicone
- Other Adhesives and Sealants (Bio-based Adhesives, etc.)
- Foams
- Polyethylene
- Polyurethane
- Other Foams (Thermoplastic Foams, etc.)
- Seals
By Aircraft Type
- General and Commercial
- Military and Defense Aircraft
- Space Vehicles
By Application System
- Airframe Structures
- Engine Components
- Interior Systems
- MRO and Aftermarket Replacement
- Avionics and Electronics Housing
- Landing-Gear and Actuation Systems
By Geography
- Asia-Pacific
- North America
- Europe
- South America
- Middle East and Africa
For a full breakdown of market dynamics, segmentation insights, regional analysis, and competitive landscape, access the details of the Mordor Intelligence report: https://www.mordorintelligence.com/industry-reports/aerospace-materials-market?utm_source=globenewswire
Regional Performance: Growth vs Revenue Leadership
Asia-Pacific continues to lead the aerospace materials market due to expanding aircraft production, rising maintenance activities, and increasing domestic sourcing of advanced materials. China, India, Japan, and South Korea are strengthening regional manufacturing capabilities, while ASEAN countries are attracting new aerospace investments and supplier expansion.
North America remains a major hub for aerospace materials demand, supported by strong aircraft, defense, and space program activity. Growing investments in advanced material manufacturing and expanding aerospace exports are further supporting regional market growth across the United States, Canada, and Mexico.
Europe maintains a strong position through its established aerospace manufacturing network and continuous demand for composites, titanium, and specialty alloys. Aircraft production programs and ongoing supplier restructuring are encouraging material sourcing and machining expansion across multiple European countries.
Major Players in Aerospace Materials Industry:
- Toray Industries Inc.
- Hexcel Corporation
- Solvay
- ATI
- Corporation VSMPO-AVISMA
Explore Chemicals & Materials Industry Research Details: https://www.mordorintelligence.com/market-analysis/chemicals-materials?utm_source=globenwswire
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