Attractive Opportunities
Global Demand Analysis & Sales Opportunities in Aeroengine CFRP Market
- The annual demand for aeroengine CFRP was USD 1197.1 million in 2024 and is expected to reach USD 1333.3 million in 2025, up 4.1% than the value in 2024.
- During the forecast period (2025 to 2030), the aeroengine CFRP market is expected to grow at a CAGR of 3.8%. The annual demand will reach of USD 1609.5 million in 2030.
- During 2025-2030, the aeroengine CFRP industry is expected to generate a cumulative sales opportunity of USD 9333.50 million.
High-Growth Market Segments:
- North America is the dominant region, serving as the primary hub for key players in the industry.
- By Application type, Fan blade & Case is the biggest user of CFRPs in aero engines.
- By Aircraft type, Civil Aircraft claimed a higher market share in 2023.
- By Process type, Prepreg is the dominant process, and RTM is the fastest-growing process.
- By Resin type, Epoxy is the dominant resin mainly used in the coldest section of fans; the applications include fan case & blade.
- By Engine type, Turbofan engines have the largest and fastest-growing market.
Market Statistics
Have a look at the sales opportunities presented by the aeroengine CFRP market in terms of growth and market forecast.
Aeroengine CFRP Market Data & Statistics
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Market Statistics
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Value (in USD Million)
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Market Growth (%)
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Annual Market Size in 2023
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USD 969.3 million
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-
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Annual Market Size in 2024
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USD 1197.1 million
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YoY Growth in 2024: 11.4%
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Annual Market Size in 2025
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USD 1333.3 million
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YoY Growth in 2025: 11.7%
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Annual Market Size in 2030
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USD 1609.5 million
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CAGR 2025-2030: 3.8%
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Cumulative Sales Opportunity during 2025-2030
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USD 9333.50 million
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-
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Top 10 Countries’ Market Share in 2024
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USD 957 million+
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> 80%
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Top 10 Company’s Market Share in 2024
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USD 598 million to 838 million
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50% - 70%
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Market Dynamics
Introduction:
What is an aeroengine CFRP?
An aeroengine CFRP refers to Carbon Fiber Reinforced Polymer (CFRP) components used in aircraft engines. CFRP is a composite material made of carbon fibers embedded in a polymer matrix, known for its high strength-to-weight ratio, fatigue resistance, and durability. In aeroengines, CFRP is increasingly used to replace traditional metals like titanium and aluminum to reduce weight and improve fuel efficiency.
Applications of CFRP in aeroengines include fan blades, fan cases, nacelles, and other structural engine parts where lightweight materials can withstand high mechanical loads and thermal stresses. By reducing engine weight, CFRP helps lower fuel consumption, carbon emissions, and operating costs while maintaining safety and performance standards. Its growing adoption is a key part of the aerospace industry’s shift toward more sustainable and efficient propulsion systems.
Segment Analysis
Segmentations
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List of Sub-Segments
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Dominant and Fastest-Growing Segments
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Application Type
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Fan Blade & Case, Outlet Guide Vane, Spacer/Platform, and Others.
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Fan blade & case is the biggest user of CFRPs in aero engines.
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Aircraft Type
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Civil Aircraft and Military Aircraft.
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Civil Aircraft claimed a higher market share in 2023.
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Process Type
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Prepreg Autoclave, Resin Transfer Molding (RTM), and Others.
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Prepreg is the dominant process and RTM is the fastest-growing process.
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Resin Type
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Epoxy, Bismaleimide (BMI), Cyanate Ester (CE), Polyimide (PI) and Others.
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Epoxy is the dominant resin mainly used in the coldest section of fans; the applications include fan case & blade.
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Engine Type
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Turbofan, Turboprop and Others (Piston, Turbojets, etc.).
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Turbofan engines have the largest and fastest-growing market.
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Region Analysis
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North America, Europe, Asia-Pacific, and Rest of the World.
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North America is the dominant region, serving as the primary hub for key players in the industry.
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By Application Type
“Fan blade & case is expected to remain the widely used application in the market during the forecast period, followed by OGV and Others.”
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Composite fan blades & cases lead the market, meeting aerospace industry priorities for fuel efficiency, emissions reduction, and performance. Key engines, such as LEAP, GEnx, and GE90, are using composite fan blades.
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Composite fan blades are 66% lighter than titanium fan blades (GE90 engine) and fan cases are 30% lighter than aluminum fan cases (LEAP engine).
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OGV is another strong composite application in aero engines. BMI is preferred in OGVs due to its outstanding heat resistance and minimal thermal expansion coefficient.
By Aircraft Type
“Civil Aircraft is expected to remain the dominant aircraft in the market during the forecast period.”
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The increasing demand for civil aircraft is driving growth in both narrow-body and wide-body aircraft programs.
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The aircraft category is primarily equipped with turbofan engines, leading to an increased utilization of composite parts.
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Today, almost all the major aeroengines used in commercial aircraft programs contain composites. However, a handful of those drive the demand for composites.
By Process Type
“Prepreg layup is the dominant process, whereas RTM remains the fastest-growing process during the forecast period.”
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Prepreg layup is the traditional process that ensures outstanding durability and surface quality. Produces parts with uniform resin distribution and minimized voids. Except for GE, other major engine makers mainly rely on the prepreg layup process.
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RTM, as the partnership between Albany and Safran, has propelled the role of RTM technology in the market.
By Resin Type
“Epoxy resin is anticipated to lead the market, followed by BMI and polyimide.”
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Epoxy offers high strength, excellent adhesion, and chemical resistance properties, gaining preference in the fan section.
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BMI is gaining momentum in the market due to its exceptional performance in high-temperature applications. Key parts like OGVs, VBV ducts, and exhaust flaps.
By Engine Type
“Turbofan is estimated to remain the most popular engine for CFRPs.”
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The demand for CFRPs in turbofans is driven by the increasing delivery of civil aircraft, which mainly includes narrow-body and wide-body programs like the A320Neo, B737Max, B787, B777, and B767.
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Leading companies, such as Hartzell, MT Propellers, and Dowty, are prominently engaged in the production of composite propellers for turboprop engines.
Regional Analysis
“North America is expected to remain the largest market for Aeroengine CFRPs during the forecast period.”
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North America is the hub of key players such as Albany, GE, Meggitt, and CFAN.
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M&A activities in North America are reshaping the competitive landscape [Parker acquired Meggitt, Melrose acquired GKN, etc.
Competitive Landscape
Most of the major players compete in some of the factors, including price, service offerings, regional presence, etc. The following are the key players in the aeroengine CFRP market -
The following are the key players in the aeroengine CFRP market (Based on Dominance).
Note: The above list does not necessarily include all the top players in the market.
Are you the leading player in this market? We would love to include your name. Write to us at sales@stratviewresearch.com
Recent Developments/Mergers & Acquisitions:
- GE-Safran JV for CFAN: The partnership was created to introduce composite fan blades in a GE90 engine that powers the Boeing 777. It has leveraged the success of this product to introduce additional fan blades on the GEnx Engines.
- GE-Safran JV for CFM: CFM is the world's largest commercial aircraft engine manufacturer. It has delivered around 37,500 engines to more than 570 operators, including CFM56 and LEAP engines.
- In 2022, Parker acquired Meggitt: Meggitt’s complementary product portfolio and geographic footprint significantly enhanced Parker’s capabilities, positioning them to provide a broader suite of solutions for aircraft and aeroengine components and systems.
- In 2019, Albany acquired Circomp GmbH: CirComp specializes in designing and manufacturing customized engineered composite parts for aerospace and other applications. The company became part of the Albany Engineered Composites (AEC) business unit.
- In 2018, Northrop Grumman acquired Orbital ATK: The acquisition of Orbital ATK by Northrop Grumman marks a strategic alignment aimed at leveraging enhanced technical and financial resources. This move underscores a commitment to operational excellence and pursuing new opportunities in the aerospace & defense industry.
Report Features
This report provides market intelligence most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.
The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
- COVID-19 impact and its recovery curve.
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for the existing and new players.
- Key success factors.
Market Study Period
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2019-2030
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Base Year
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2024
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Forecast Period
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2025-2030
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Trend Period
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2019-2023
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Number of Tables & Figures
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>100
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Number of Segments Analysed
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6 (Application Type, Aircraft Type, Process Type, Resin Type, Engine Type, and Region)
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Number of Regions Analysed
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4 (North America, Europe, Asia-Pacific, Rest of the World)
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Countries Analysed
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15 (The USA, Canada, Mexico, Germany, France, Italy, The UK, China, Japan, India, Brazil, Saudi Arabia, Rest of Europe, Rest of APAC, and Rest of the World)
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Free Customization Offered
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10%
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After Sales Support
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Unlimited
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Report Presentation
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Complimentary
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Market Dataset
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Complimentary
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Further Deep Dive & Consulting Services
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10% Discount
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Market Segmentation
This report studies the market, covering a period of 15 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.
The aeroengine CFRP market is segmented into the following categories:
Aeroengine CFRP Market, by Application Type
- Fan Blade & Case
- Outlet Guide Vane
- Spacer/Platform
- Others
Aeroengine CFRP Market by Aircraft Type
- Civil Aircraft
- Military Aircraft
Aeroengine CFRP Market by Insulation Process Type
- Prepreg Autoclave
- Resin Transfer Molding (RTM)
- Others
Aeroengine CFRP Market, by Product Type
- Built-to-Print (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Built-to-Spec (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Aeroengine CFRP Market, by Resin Type
- Epoxy
- Bismaleimide (BMI)
- Cyanate Ester (CE)
- Polyimide (PI)
Aeroengine CFRP Market, by Engine Type
- Turbofan
- Turboprop
- Others (Piston, Turbojets, etc.)
Aeroengine CFRP Market by Region Type
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, Russia, Spain, and Rest of Europe)
- Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)
Research Methodology
- This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s Aeroengine CFRP market realities and future market possibilities for the forecast period.
- The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market.
- The vital data/information provided in the report can play a crucial role for market participants and investors in identifying the low-hanging fruits available in the market and formulating growth strategies to expedite their growth process.
- This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
- More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
- We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to three players)
- SWOT analysis of key players (up to three players)
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances
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