The Europe Aerospace Composites Market was valued at USD 3,267.29 Million in 2018 and is projected to reach USD 5,592.00 Million by 2024. Looking ahead, the market is anticipated to grow to around USD 10,797.05 Million by 2032, reflecting a compound annual growth rate (CAGR) of 7.90% during the forecast period from 2024 to 2032.
REPORT ATTRIBUTE
DETAILS
Historical Period
2020-2023
Base Year
2024
Forecast Period
2025-2032
Europe Aerospace Composites Market Size 2024
USD 5,592.00 Million
Europe Aerospace Composites Market, CAGR
7.90%
Europe Aerospace Composites Market Size 2032
USD 10,797.05 Million
The Europe Aerospace Composites Market is highly competitive, with top players such as Hexcel Corporation, Toray Industries, Teijin Limited, Solvay S.A., and Mitsubishi Chemical Corporation leading the industry. These companies focus on expanding production capabilities, investing in advanced composite technologies, and forming strategic partnerships with aerospace OEMs to strengthen their market presence. Carbon fiber and thermoset composites dominate product portfolios due to their superior strength, lightweight properties, and durability. Among regions, Germany leads with a 20% market share, followed by the United Kingdom at 18% and France at 16%, reflecting strong aerospace manufacturing infrastructure and high adoption of composite materials. Growth is further supported by increasing commercial aircraft production, defense modernization programs, and ongoing R&D in sustainable and high-performance composites, positioning these key players and leading regions at the forefront of Europe’s aerospace composites market.
Market Insights
The Europe Aerospace Composites Market was valued at USD 3,267.29 Million in 2018 and is projected to reach USD 5,592.00 Million by 2024, growing to USD 10,797.05 Million by 2032 at a CAGR of 7.90%, driven by increasing demand for lightweight and fuel-efficient aircraft.
Growth is fueled by the rising adoption of carbon fiber and thermoset composites, which dominate the market due to superior strength, lightweight properties, and high durability, especially in aerostructures, engine components, and interiors.
The market is witnessing trends such as integration of smart and hybrid composites, and increasing use of sustainable, recyclable materials to meet environmental regulations and enhance aircraft performance.
The Europe Aerospace Composites Market is highly competitive, with key players including Hexcel Corporation, Toray Industries, Teijin Limited, Solvay S.A., and Mitsubishi Chemical Corporation, focusing on R&D, strategic partnerships, and expanding production capacities.
Germany leads the regional market with a 20% share, followed by the United Kingdom at 18% and France at 16%, reflecting strong aerospace infrastructure and high adoption of advanced composite materials across commercial and military aircraft segments.
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In the Europe Aerospace Composites Market, carbon fiber dominates the fiber type segment, accounting for over 55% of total market share. Its superior strength-to-weight ratio, high stiffness, and excellent fatigue resistance make it the preferred choice for aerospace applications. The demand is primarily driven by the need for lightweight structures to improve fuel efficiency and reduce emissions in commercial and military aircraft. Glass fiber holds a moderate share due to its cost-effectiveness, while aramid and ceramic fibers cater to specialized applications requiring high thermal and impact resistance.
For instance, the Airbus A350 XWB incorporates over 50% carbon fiber composites, enhancing aerodynamic performance and reducing operational costs.
By Aircraft Type:
The commercial aircraft segment leads the Europe Aerospace Composites Market by aircraft type, representing 60% of the segment’s revenue. Growth is fueled by rising air travel demand, fleet modernization programs, and the adoption of lightweight composite materials to enhance fuel efficiency and performance. Military aircraft and helicopters account for the remaining share, driven by defense modernization and advanced mission requirements. The commercial sector’s strong adoption of carbon fiber composites in fuselage, wings, and control surfaces continues to sustain its dominance, while niche applications in military aircraft support steady growth in specialized areas.
For instance, Boeing’s 787 Dreamliner uses approximately 50% composite materials, mainly CFRP, which contribute to a 20% reduction in weight compared to traditional aluminum structures, leading to significant fuel savings and lower emissions.
By Resin Type:
In terms of resin type, thermoset composites dominate with a share of 65%, owing to their excellent mechanical properties, thermal stability, and ease of manufacturing complex aerospace components. These composites are widely used in aerostructures, engine components, and interiors due to their high performance and reliability. Thermoplastic composites, although offering benefits such as faster processing and recyclability, hold a smaller share, primarily in applications requiring impact resistance and rapid production cycles. The growth of thermoset composites is driven by the continuous focus on lightweight, fuel-efficient aircraft design and long-term durability.
Key Growth Drivers
Growing Demand for Lightweight Aircraft
The Europe Aerospace Composites Market is propelled by the rising demand for lightweight and fuel-efficient aircraft. Airlines and manufacturers are increasingly adopting advanced composite materials to reduce aircraft weight, improve fuel efficiency, and lower carbon emissions. Carbon fiber composites, widely used in fuselage, wings, and structural components, enhance performance while maintaining strength. Regulatory pressure and sustainability initiatives further encourage the adoption of lightweight materials, prompting aerospace companies to invest in innovative composites solutions to optimize operational efficiency and reduce environmental impact.
For instance, Airbus incorporated around 53% carbon fiber reinforced polymer (CFRP) in its A350XWB airframe, achieving weight savings of over 10 tons compared to its predecessor, which significantly improves fuel efficiency.
Technological Advancements in Composite Materials
Rapid innovations in composite materials are driving growth in the European aerospace sector. Advances in carbon fiber, thermoplastics, and hybrid composites allow the production of components with superior strength, thermal resistance, and durability. Automation technologies such as automated fiber placement and 3D printing improve precision and reduce production timelines. Continuous research and development in material science ensure that composites remain the material of choice for complex aerospace structures, supporting next-generation aircraft designs while maintaining cost efficiency.
For instance, Boeing and Airbus also apply automated fiber placement extensively for fuselage components in the Airbus A350 and Boeing 787, enhancing structural integrity and weight reduction with high precision.
Expansion of Aerospace Manufacturing Capabilities
The expansion of aerospace manufacturing infrastructure across Europe significantly boosts composites demand. Key hubs in France, Germany, and the UK are investing in modern production facilities, driving the adoption of high-performance composites. Strategic partnerships, joint ventures, and capacity expansions enable faster production of aerostructures, interiors, and engine components. Localization of supply chains and increased investment post-pandemic further strengthen Europe’s position as a leader in advanced composite technology, supporting sustained growth in the aerospace sector.
Key Trends and Opportunities
Increasing Adoption of Sustainable Aviation Materials
Sustainability is reshaping Europe’s aerospace composites landscape. Manufacturers are prioritizing recyclable thermoplastic composites and low-emission production processes to reduce environmental impact. Airlines and OEMs are integrating these materials to comply with EU environmental regulations and achieve carbon neutrality targets. This trend encourages innovation in circular manufacturing practices and offers opportunities for manufacturers to differentiate their products through eco-friendly solutions while meeting regulatory and consumer expectations.
For instance, Flyber’s new manufacturing site in the UK employs automated and out-of-autoclave technologies to optimize weight and efficiency, representing advancements in low-emission production processes supporting aerospace innovation.
Integration of Smart and Hybrid Composites
Smart and hybrid composites are emerging as a key trend in European aerospace manufacturing. These materials combine carbon, glass, and aramid fibers with embedded sensors or thermoplastic matrices to enhance performance and enable real-time monitoring. Benefits include improved structural safety, reduced maintenance costs, and extended component lifespan. The adoption of these advanced composites supports predictive maintenance strategies and next-generation aircraft designs, giving manufacturers a competitive advantage while complying with evolving performance and regulatory standards.
For instance, RVmagnetics has introduced magnetic MicroWire sensors embedded in high-performance composites used in aerospace and defense applications.
Key Challenges
High Production Costs
High production costs remain a major challenge in the Europe Aerospace Composites Market. Carbon fiber and thermoset composites require expensive raw materials and energy-intensive manufacturing processes. Specialized equipment and skilled labor further increase costs, particularly impacting smaller manufacturers. These financial constraints can slow composites adoption in cost-sensitive segments of commercial aviation. Companies must optimize manufacturing efficiency and explore cost-effective alternatives while ensuring that component quality and structural performance are not compromised.
Complex Manufacturing and Supply Chain Constraints
The complexity of aerospace composite manufacturing and supply chain limitations present ongoing challenges. Producing advanced composites involves precise curing, molding, and assembly processes requiring technical expertise. Raw material delays, especially for carbon fiber and specialty resins, can disrupt production schedules. Integration with existing aerospace lines demands strict quality control and certification. Manufacturers must invest in automation, skilled workforce, and strategic partnerships to maintain consistent supply, meet stringent aerospace standards, and control production timelines and costs.
Regional Analysis
United Kingdom
The United Kingdom holds a significant share in the Europe Aerospace Composites Market, contributing 18% of the total revenue. The UK aerospace sector benefits from advanced research facilities, strong government support, and the presence of major OEMs such as BAE Systems and Rolls-Royce. High adoption of carbon fiber composites in commercial aircraft, military platforms, and engine components drives growth. Investments in lightweight and fuel-efficient structures, along with sustainable manufacturing initiatives, are further accelerating demand. The UK market’s emphasis on innovation and high-performance composites ensures sustained expansion, particularly in advanced aerostructures and specialized military applications.
France
France accounts for 16% of the Europe Aerospace Composites Market revenue. The country is a hub for aerospace manufacturing with major players such as Airbus and Safran leading adoption of carbon fiber and thermoset composites. Growth is driven by fleet modernization, increasing commercial aircraft production, and the development of high-performance military aircraft. France also emphasizes R&D in sustainable and recyclable composites to meet environmental regulations. The adoption of advanced materials in fuselage, wings, and engine components supports high market penetration, while strategic collaborations between manufacturers and suppliers enhance production efficiency and regional competitiveness.
Germany
Germany contributes 20% to the Europe Aerospace Composites Market, making it one of the largest regional markets. The country’s strong aerospace manufacturing base, led by Airbus, Lufthansa Technik, and MTU Aero Engines, supports the widespread use of carbon fiber and thermoset composites. High demand for commercial and military aircraft, coupled with technological advancements in composite materials and automated manufacturing, drives growth. Germany’s focus on sustainable aviation and lightweight design encourages the adoption of recyclable thermoplastics and hybrid composites. Expansion in production facilities and strategic partnerships with raw material suppliers further strengthen market share and support long-term growth.
Italy
Italy holds a 10% share in the Europe Aerospace Composites Market. Growth is primarily driven by increasing commercial aircraft production and the modernization of military fleets. Italian aerospace manufacturers, including Leonardo S.p.A., are investing in advanced composite materials such as carbon and glass fibers for aerostructures and interiors. The focus on lightweight design and fuel efficiency encourages wider adoption of thermoset composites. Government support for research and collaboration with global OEMs facilitates innovation in manufacturing techniques. Italy’s strategic position in Europe’s aerospace supply chain ensures steady demand and enhances the adoption of high-performance composite materials across multiple aircraft applications.
Spain
Spain represents 8% of the Europe Aerospace Composites Market. The market benefits from Airbus’s major presence in production facilities and growing commercial aircraft demand. Adoption of carbon fiber composites dominates, particularly in wings, fuselage, and engine components, while thermoset composites are widely used for interiors and secondary structures. Spain is investing in R&D to improve manufacturing efficiency, reduce production costs, and develop sustainable composites solutions. Government incentives for aerospace innovation further support growth. Collaborative initiatives with international aerospace players and local suppliers enhance the country’s market share and strengthen Spain’s position as a key contributor to Europe’s aerospace composites industry.
Russia
Russia contributes 12% to the Europe Aerospace Composites Market, driven by rising defense expenditure and modernization of military aircraft. Aerospace manufacturers focus on high-performance carbon fiber, aramid, and ceramic composites for fighter jets, helicopters, and transport aircraft. Growth is supported by government investments in domestic aerospace production and the adoption of advanced materials to enhance aircraft performance and durability. Efforts to integrate sustainable and lightweight composites in military and civilian aviation further drive market expansion. Collaboration with global suppliers and increased automation in production processes improve efficiency, positioning Russia as a significant regional player in aerospace composites.
Rest of Europe
The Rest of Europe accounts for 16% of the Europe Aerospace Composites Market revenue. Countries including Belgium, Netherlands, Sweden, and Switzerland contribute through commercial aircraft production, defense projects, and aerospace R&D initiatives. Carbon fiber composites dominate due to their superior strength and lightweight properties, while thermoset composites remain widely used for structural and interior applications. Growth is supported by government incentives, increasing demand for fuel-efficient aircraft, and technological advancements in composite materials. Strategic partnerships and investments in local manufacturing facilities strengthen the regional supply chain, driving consistent adoption of high-performance composites across multiple aerospace applications in smaller European markets.
Market Segmentations:
By Fiber Type:
Carbon Fiber
Glass Fiber
Ceramic Fiber
Aramid Fiber
Others
By Aircraft Type:
Commercial Aircraft
Military Aircraft
Helicopter
Others
By Resin Type
Thermoset Composites
Thermoplastic Composites
By Application:
Aerostructures
Engine Components
Interiors
Propulsion Components
Radomes
Others
By Region:
UK
France
Germany
Italy
Spain
Russia
Rest of Europe
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The competitive landscape of the Europe Aerospace Composites Market is characterized by the presence of key players such as Hexcel Corporation, Toray Industries, Teijin Limited, Solvay S.A., and Mitsubishi Chemical Corporation. These companies are actively investing in advanced composite technologies, expanding production capabilities, and forming strategic partnerships to strengthen their market position. Intense competition drives continuous innovation in carbon fiber, glass fiber, and hybrid composites, focusing on lightweight, fuel-efficient, and sustainable solutions. Companies are also enhancing their regional presence by establishing manufacturing facilities and collaborating with aerospace OEMs across Europe. Product differentiation through high-performance resins, automated manufacturing processes, and eco-friendly composites further strengthens competitiveness. The market remains highly dynamic, with players leveraging R&D, mergers, acquisitions, and long-term supply agreements to capture market share, meet rising demand, and maintain technological leadership in the European aerospace composites sector.
In March 2023, SGL Carbon revealed a new product named SIGRAFIL T50-4.9/235 carbon fiber, expanding its aerospace composite offerings.
In September 2025, Schütz Group, based in Germany, acquired Euro-Composites S.A., a leading supplier of aerospace and industrial composite materials. This acquisition aims to expand Schütz’s global composites business and enhance its position in the aerospace sector.
In March 2025, IMT Nord Europe launched the COMPOLIS initiative, a research and innovation hub dedicated to connected materials and structures. The project aims to digitalize aerospace manufacturing processes, focusing on advanced composites.
In May 2025, Flyber, a UK-based startup specializing in advanced design and manufacturing of propellers for unmanned aerial vehicles (UAVs) and advanced air mobility applications, launched a new composites manufacturing site in the UK.
Report Coverage
The research report offers an in-depth analysis based on Fiber Type, Aircraft Type, Resin Type, Application and Region. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.
Future Outlook
The market will continue to grow with increasing demand for lightweight and fuel-efficient aircraft.
Carbon fiber composites will maintain dominance due to superior strength-to-weight ratio and performance.
Growth in commercial aircraft production will drive high adoption of advanced composite materials.
Defense modernization programs will sustain demand for composites in military aircraft and helicopters.
Thermoset composites will remain the preferred choice for critical aerostructures and engine components.
Investment in sustainable and recyclable composite materials will increase to meet environmental regulations.
Technological advancements in hybrid and smart composites will support next-generation aircraft designs.
Expansion of aerospace manufacturing facilities across Europe will boost regional market growth.
Strategic collaborations and partnerships among key players will strengthen supply chains and innovation.
Automation in composite manufacturing will enhance efficiency and reduce production timelines.
CHAPTER NO. 1: GENESIS OF THE MARKET
1.1 Market Prelude – Introduction & Scope
1.2 The Big Picture – Objectives & Vision
1.3 Strategic Edge – Unique Value Proposition
1.4 Stakeholder Compass – Key Beneficiaries CHAPTER NO. 2: EXECUTIVE LENS
2.1 Pulse of the Industry – Market Snapshot
2.2 Growth Arc – Revenue Projections (USD Million)
2.3. Premium Insights – Based on Primary Interviews CHAPTER NO. 3: AEROSPACE COMPOSITES MARKET FORCES & INDUSTRY PULSE
3.1 Foundations of Change – Market Overview
3.2 Catalysts of Expansion – Key Market Drivers
3.2.1 Momentum Boosters – Growth Triggers
3.2.2 Innovation Fuel – Disruptive Technologies
3.3 Headwinds & Crosswinds – Market Restraints
3.3.1 Regulatory Tides – Compliance Challenges
3.3.2 Economic Frictions – Inflationary Pressures
3.4 Untapped Horizons – Growth Potential & Opportunities
3.5 Strategic Navigation – Industry Frameworks
3.5.1 Market Equilibrium – Porter’s Five Forces
3.5.2 Ecosystem Dynamics – Value Chain Analysis
3.5.3 Macro Forces – PESTEL Breakdown
3.6 Price Trend Analysis
3.6.1 Regional Price Trend
3.6.2 Price Trend by Product CHAPTER NO. 4: KEY INVESTMENT EPICENTER
4.1 Regional Goldmines – High-Growth Geographies
4.2 Product Frontiers – Lucrative Product Categories
4.3 Application Sweet Spots – Emerging Demand Segments CHAPTER NO. 5: REVENUE TRAJECTORY & WEALTH MAPPING
5.1 Momentum Metrics – Forecast & Growth Curves
5.2 Regional Revenue Footprint – Market Share Insights
5.3 Segmental Wealth Flow – Fiber Type & Resin Type Revenue CHAPTER NO. 6: TRADE & COMMERCE ANALYSIS
6.1. Import Analysis by Region
6.1.1. Europe Aerospace Composites Market Import Revenue By Region
6.2. Export Analysis by Region
6.2.1. Europe Aerospace Composites Market Export Revenue By Region CHAPTER NO. 7: COMPETITION ANALYSIS
7.1. Company Market Share Analysis
7.1.1. Europe Aerospace Composites Market: Company Market Share
7.2. Europe Aerospace Composites Market Company Revenue Market Share
7.3. Strategic Developments
7.3.1. Acquisitions & Mergers
7.3.2. New Product Launch
7.3.3. Regional Expansion
7.4. Competitive Dashboard
7.5. Company Assessment Metrics, 2024 CHAPTER NO. 8: AEROSPACE COMPOSITES MARKET – BY FIBER TYPE SEGMENT ANALYSIS
8.1. Aerospace Composites Market Overview by Fiber Type Segment
8.1.1. Aerospace Composites Market Revenue Share By Fiber Type
8.2. Carbon Fiber
8.3. Glass Fiber
8.4. Ceramic Fiber
8.5. Aramid Fiber
8.6. Others CHAPTER NO. 9: AEROSPACE COMPOSITES MARKET – BY AIRCRAFT TYPE SEGMENT ANALYSIS
9.1. Aerospace Composites Market Overview by Aircraft Type Segment
9.1.1. Aerospace Composites Market Revenue Share By Aircraft Type
9.2. Commercial Aircraft
9.3. Military Aircraft
9.4. Helicopter
9.5. Others CHAPTER NO. 10: AEROSPACE COMPOSITES MARKET – BY RESIN TYPE SEGMENT ANALYSIS
10.1. Aerospace Composites Market Overview by Resin Type Segment
10.1.1. Aerospace Composites Market Revenue Share By Resin Type
10.2. Thermoset Composites
10.3. Thermoplastic Composites CHAPTER NO. 11: AEROSPACE COMPOSITES MARKET – BY APPLICATION SEGMENT ANALYSIS
11.1. Aerospace Composites Market Overview by Application Segment
11.1.1. Aerospace Composites Market Revenue Share By Application
11.2. Aerostructures
11.3. Engine Components
11.4. Interiors
11.5. Propulsion Components
11.6. Radomes
11.7. Others CHAPTER NO. 12: AEROSPACE COMPOSITES MARKET – REGIONAL ANALYSIS
12.1. Aerospace Composites Market Overview by Region Segment
12.1.1. Europe Aerospace Composites Market Revenue Share By Region
12.1.2. Region
12.1.3. Europe Aerospace Composites Market Revenue By Region
12.1.4. Fiber Type
12.1.5. Europe Aerospace Composites Market Revenue By Fiber Type
12.1.6. Aircraft Type
12.1.7. Europe Aerospace Composites Market Revenue By Aircraft Type
12.1.8. Resin Type
12.1.9. Europe Aerospace Composites Market Revenue By Resin Type
12.1.10. Application
12.1.11. Europe Aerospace Composites Market Revenue By Application CHAPTER NO. 13: EUROPE AEROSPACE COMPOSITES MARKET – COUNTRY ANALYSIS
13.1. Europe Aerospace Composites Market Overview by Country Segment
13.1.1. Europe Aerospace Composites Market Revenue Share By Region
13.2. Europe
13.2.1. Europe Aerospace Composites Market Revenue By Country
13.2.2. Fiber Type
13.2.3. Europe Aerospace Composites Market Revenue By Fiber Type
13.2.4. Aircraft Type
13.2.5. Europe Aerospace Composites Market Revenue By Aircraft Type
13.2.6. Resin Type
13.2.7. Europe Aerospace Composites Market Revenue By Resin Type
13.2.8. Application
13.2.9. Europe Aerospace Composites Market Revenue By Application
13.3. UK
13.4. France
13.5. Germany
13.6. Italy
13.7. Spain
13.8. Russia
13.9. Rest of Europe CHAPTER NO. 14: COMPANY PROFILES
14.1. Hexcel Corporation
14.1.1. Company Overview
14.1.2. Product Portfolio
14.1.3. Financial Overview
14.1.4. Recent Developments
14.1.5. Growth Strategy
14.1.6. SWOT Analysis
14.2. Toray Industries, Inc.
14.3. Teijin Limited
14.4. Solvay S.A.
14.5. Mitsubishi Chemical Corporation
14.6. Owens Corning
14.7. SGL Carbon SE
14.8. LMI Aerospace
14.9. Unitech Group
14.10. VX Aerospace
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Frequently Asked Questions:
What is the current market size for Europe Aerospace Composites Market, and what is its projected size in 2032?
The Europe Aerospace Composites Market is valued at USD 5,592.00 million in 2024 and is projected to reach USD 10,797.05 million by 2032.
At what Compound Annual Growth Rate is the Europe Aerospace Composites Market projected to grow between 2025 and 2032?
The Europe Aerospace Composites Market is expected to grow at a CAGR of 7.90% during the forecast period.
Which Europe Aerospace Composites Market segment held the largest share in 2024?
The carbon fiber segment dominated the Europe Aerospace Composites Market by fiber type, holding over 55% share in 2024.
What are the primary factors fueling the growth of the Europe Aerospace Composites Market?
Growth is driven by increasing demand for lightweight aircraft, technological advancements in composites, and expansion of aerospace manufacturing facilities.
Who are the leading companies in the Europe Aerospace Composites Market?
Key players in the Europe Aerospace Composites Market include Hexcel Corporation, Toray Industries, Teijin Limited, Solvay S.A., and Mitsubishi Chemical Corporation.
Which region commanded the largest share of the Europe Aerospace Composites Market in 2024?
Germany held the largest regional share of the Europe Aerospace Composites Market at 20% in 2024.
About Author
Ganesh Chandwade
Senior Industry Consultant
Ganesh is a senior industry consultant specializing in heavy industries and advanced materials.
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