Aerostructure Materials Market Report

Market Insights

“The global aerostructure materials market is expected to grow from USD 84.67 billion in 2024 to USD 138.32 billion by 2030, at a healthy CAGR of 8.5% during 2024-2030.”

Market Dynamics

Introduction

Aerostructure materials are advanced materials such as aluminum alloys, composites, titanium, and steel that are utilized in the construction of major aircraft components like wings, fuselage, and tail sections. These materials are strong, lightweight, and durable and are needed in commercial, military, and space aircraft for performance, efficiency, and safety.

The aerostructure materials industry covers worldwide demand and supply of materials for producing key aircraft structures. This industry is growing with increasing air travel, military expenditure, and demand for lightweight, efficient aircraft. Expansion is also fueled by technological innovation, growth in commercial fleets, and increasing aircraft manufacturing in emerging economies.

Market Drivers

Rising Aircraft Production Accelerates Demand for Advanced Aerostructure Materials

The rapid rise in global air traffic, projected by ACI to exceed 12 billion passengers by 2030, is prompting airlines to expand fleets and invest in new, fuel-efficient aircraft. Airbus forecasts over 42,000 aircraft deliveries from 2024 to 2043, significantly boosting aircraft production. This surge drives demand for advanced aerostructure materials like composites, aluminum, and titanium, essential for lightweight, high-performance airframes, thereby accelerating global market growth in aerospace manufacturing.

Market Opportunities

Shift Towards Sustainable Aviation and Electrification

The shift toward electric and hybrid-electric aircraft is opening new avenues for the aerostructure materials market, as these next-generation platforms demand lightweight, thermally stable, and high-strength materials to optimize energy efficiency and structural performance. Growing MRO activities for aging fleets are further boosting aftermarket demand, especially for replacement components made from advanced composites. Moreover, the aviation industry's increasing emphasis on sustainability and net-zero targets is accelerating the adoption of eco-friendly, recyclable materials, positioning green innovation as a key driver for market expansion.

Recent Developments

• Mobix Labs Acquisition of SCP Manufacturing: Mobix Labs said it intended to acquire SCP Manufacturing, an aerospace electrical components maker based in Connecticut, to drive its manufacturing capacity and employee growth. The deal is likely to be completed during Q2 2025.

Market Segments' Analysis

“Composites segment accounted for the largest revenue share in the market during the forecast period.”

Aerostructure material manufacturing demand for composites is anticipated to increase at the highest growth rate during 2024 - 2030. The high strength-to-weight ratio of composites allows for the overall weight of the aircraft to be minimized and fuel efficiency increased. Composites also feature better strength and durability, which increases the performance and life span of Aerostructure Materials. In addition, the material finds application in the production of aerostructure materials, which are exposed to regular stress and strain during flight operations due to its superior fatigue resistance.

By End-Use Type Analysis

“Advanced Air Mobility is anticipated to grow at the fastest rate over the forecast period.”

Advanced air mobility is expected to develop at the highest pace during the forecast period. Aerostructure Materials in this segment are essential to obtain the lightweight, high-strength, and aerodynamically efficient designs required for the distinctive operational needs of advanced air mobility aircraft. Thus, as the industry of advanced air mobility develops, the demand for sophisticated materials and manufacturing methods in Aerostructure Materials will fuel major innovation fields for market participants.

Regional Analysis

“North America is projected to hold the largest share of the aerostructure materials market over the forecast period.”

North America aerostructure materials market has dominated the global market throughout 2024. North America, and the U.S. in particular, is inhabited by some of the world's largest aerospace manufacturers, including Boeing and Lockheed Martin. These manufacturers provide a massive demand for Aerostructure Materials in the region. Also, consistent investment in research and development results in innovations in aerostructure materials and manufacturing processes, thus supporting market growth.

Key Players

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 global aerostructure materials market: -  

• AAR Corporation
• Spirit Aerosystems, Inc.
• AIRBUS
• Collins Aerospace
• Saab
• FACC AG
• ST Engineering
• Kaman Corporation
• SAFRAN
• GKN Aerospace

Note: The above list does not necessarily include all the top players in the market.

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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.

The global aerostructure materials market is segmented into the following categories. 

Global Aerostructure Materials Market, by Material Type

• Composites (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Alloys & Super Alloys (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Metals (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Global Aerostructure Materials Market, by End Use Type

• Commercial (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Military (Regional Analysis:  North America, Europe, Asia-Pacific, and Rest of the World)
• Unmanned Aerial Vehicles (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Business & General Aviation (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Advanced Air Mobility (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Global Aerostructure Materials Market, by Region

• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, Italy, The UK, 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 global aerostructure materials market realities and future market possibilities for the forecast period.

• The report segments and analyzes the market in the most detailed manner in order 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.

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respected 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

Custom Research: Stratview Research offers custom research services across industries. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com