We are monitoring the impact of COVID-19 & Recession alarm on Aeroengine Composites Market Get in touch with us for detailed analysis Know More

Know More

Share on

Global Aeroengine Composites Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report – Segmented By Aircraft (Narrow-Body Aircraft, Wide-Body Aircraft, Regional Aircraft, Helicopter, and Military Aircraft), Application (Fan Blades, Fan Case, Outlet Guide Vanes, Shrouds, and Others), Composite (Polymer Matrix Composites, Ceramic Matrix Composites, and Metal Matrix Composites), and Region (North America, Europe, APAC, Latin America, Middle East and Africa) – Industry Analysis from 2022 to 2027

Published: January, 2022
ID: 9202
Pages: 175

Aeroengine Composites Market Size (2022 to 2027)

The global aeroengine composites market was worth USD 2.34 billion in 2021. This value is further estimated to be growing at a CAGR of 16.4% from 2022 to 2027 and worth USD 5.82 billion by 2027 from USD 2.72 billion in 2022. Companies are increasing the use of composite materials in aircraft engines because they need to reduce the total weight of an aircraft and improve its operability in a wide range of operating areas.

The design and manufacturing solutions of composite engines for aircraft allow engineers to develop powerful components quickly and safely for aircraft engines. This allows original equipment manufacturers to meet the requirements of schedule, strength, weight, durability, initial performance manufacturing, and field repair of the most demanding applications.


As the demand for next-generation Aeroengine Composites increases, aircraft production speeds increase, which leads to higher market revenues. As manufacturers need to reduce the total weight of an aircraft and improve its operability in a wide range of operating environments, they are increasing the use of composite materials in aircraft engines. As a result, innovation in the market is rising, and many players are investing significant amounts in R&D to manufacture aircraft engine components using different composite materials. Aero engines are now a small part of the global aircraft composites market, but they are expected to grow at an impressive rate over the next five years. 

The higher penetration of modern aviation engines such as LEAP, GEnx, GE9x, and Passport 20 is a significant growth engine in the market, along with higher production speeds for the next generation of A350XWB, B787, and F-35 composite-range aircraft. Furthermore, the constant demand for low-fuel engines, the increase in fan diameter for the new variant engines, the introduction of low-fuel variants of the best-selling aircraft with the highest composite content; A320neo and B737 max increase, and even more, the growth of composite materials in aviation engines is strengthening.




Market Size Available

2021 to 2027

Base Year


Forecast Period

2022 to 2027

Segments Covered

By Aircraft, Application, Composite, and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa


This research report on the global aeroegine composites devices market has been segmented and sub-segmented into the following categories.

Aeroengine Composites Market - By Aircraft Type:                 

  • Narrow-Body Aircraft         
  • Wide-Body Aircraft              
  • Regional Aircraft   
  • Military Aircraft     
  • Helicopter

Wide-body airplanes will continue to be the engine of market growth during the forecast period. Next-generation aircraft programs, The A350XWB, and the B787 have increased production rates and the diffusion of compounds in the latest aircraft variants, such as the B777x, is leading the telegraph aircraft sector. On the other hand, the narrow-body segment of aircraft is likely to witness the highest growth rate in the foreseen years with the increasing adoption among low-cost carriers worldwide.

Aeroengine Composites Market - By Composite Type:

  • Polymer Matrix Composites            
  • Ceramic Matrix Composites             
  • Metal Matrix Composites 

PMC is supposed to remain the most dominant compound type in the global market in the next five years. PMC is mainly used to develop all significant composite parts of engines, such as fan blades and fan housings. Carbon epoxy compounds are a perennial PMC option used mainly in the market. The CMC segment is expected to show the highest growth rate in the global aero-engine composites market in the next five years. Most of this growth is attributable to the significant increase of the LEAP engine, which has integrated several components of the CMC.

Aeroengine Composites Market - By Application:

  • Fan Blades               
  • Fan Cases
  • Outlet Guide Vanes            
  • Shrouds    

Fan blades and box boxes make up most of the global aero-engine composites market and are expected to remain the primary application for the next five years. Next-generation engine models such as GEnx, GE9X, Pratt GTF, LEAP-1A, LEAP-1B, and LEAP-1C include fan blades and fan housings made of composite materials for sale. The development of new composite applications for engines by replacing existing metal parts further demonstrates the growth of the market for aero-engine composites. During the last decade, interest in using ceramic matrix compounds in various engine applications, such as covers, combustion jackets, and nozzles, has increased.

Aeroengine Composites Market - By Region:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Regarding geography, the Asia Pacific aeroengine composites market is now the fastest-growing market in the world. The high growth rate in this region is due to the increasing purchase of engines that use these compounds. Furthermore, in the commercial sector, more than a third of the two aerospace giants that combine Airbus and Boeing will be available to customers in the Asia Pacific. 

North America's aero-engines composites market is foreseen to maintain its largest share during the forecast period due to the presence of the world's largest aircraft manufacturer, Boeing. Therefore, the United States is expected to remain a growth engine for this local market during the forecast period, driven by major engine manufacturers, such as GE Aviation, CFM International, and Pratt & Whitney.

Key Players:

Key players in the Aeroengine Composites Market include Albany, Safran Aerospace Composites, CFAN, Meggitt PLC, GKN Aerospace (Melrose Industries), GE Aviation, FACC AG, and Triumph Group Inc.

Rolls-Royce and Pratt & Whitney are expected to increase the use of compounds in engine models in the coming years. Over the years, engine manufacturers have developed significant internal compound manufacturing capabilities.

Recent Developments:

  • AirAsia announced in June 2019 that it would convert 253 A320-200neo orders into larger A321-200neo aircraft.
  • GE is working on a fourth-generation composite blade for the GE9X. This new engine will be the most significant engine made by GE and is designed exclusively for the Boeing 777X aircraft.
  • In October 2019, India delivered its first fighter plane in Rafale, and the remaining 35 jets are expected to be delivered in mid-2022. This jet is powered by an M88 engine with a gondola and nozzle made of the structural compound.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                          

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling      

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                         

                                4.1.1 Drivers      

                                4.1.2 Restaints  

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis        

                                5.1.2 Products/Service  

                                5.1.3 Regional Presence               

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Aeroengine Composites Market, By Aircraft Type                     

                                6.1.1 Narrow-Body Aircraft         

                                6.1.2 Wide-Body Aircraft              

                                6.1.3 Regional Aircraft   

                                6.1.4 Military Aircraft     

                                6.1.5 Helicopter

                                6.1.6 Market Size Estimations & Forecasts (2019-2024)   

                                6.1.7 Y-o-Y Growth Rate Analysis             

                                6.1.8 Market Attractiveness Index          

    6.2 Aeroengine Composites Market, By Composite Type                              

                                6.2.1 Polymer Matrix Composites            

                                6.2.2 Ceramic Matrix Composites             

                                6.2.3 Metal Matrix Composites 

                                6.2.4 Market Size Estimations & Forecasts (2019-2024)   

                                6.2.5 Y-o-Y Growth Rate Analysis             

                                6.2.6 Market Attractiveness Index          

                6.3 Aeroengine Composites Market, By Application                        

                                6.3.1 Fan Blades               

                                6.3.2 Fan Cases

                                6.3.3 Outlet Guide Vanes            

                                6.3.4 Shrouds    

                                6.3.5 Market Size Estimations & Forecasts (2019-2024)   

                                6.3.6 Y-o-Y Growth Rate Analysis             

                                6.3.7 Market Attractiveness Index          

7. Geographical Landscape                                         

    7.1 Global Identity Governance and Administration Market, by Region

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              



                                7.2.2 By Aircraft Type    

                                7.2.3 By Composite Type             

                                7.2.4 By Application        

                7.3 Europe                         

                                7.3.1 By Country              






                                       Rest of Europe

                                7.3.2 By Aircraft Type    

                                7.3.3 By Composite Type             

                                7.3.4 By Application        

                7.4 Asia Pacific                  

                                7.4.1 By Country              




                                       South Korea

                                       South East Asia

                                       Australia & NZ

                                       Rest of Asia-Pacific

                                7.4.2 By Aircraft Type    

                                7.4.3 By Composite Type             

                                7.4.4 By Application        

                7.5 Latin America                             

                                7.5.1 By Country              




                                       Rest of Latin America

                                7.5.2 By Aircraft Type    

                                7.5.3 By Composite Type             

                                7.5.4 By Application        

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                       Middle East


                                7.6.2 By Aircraft Type    

                                7.6.3 By Composite Type             

                                7.6.4 By Application        

8. Key Player Analysis                                    

                8.1 Safran Aerospace Composites                           

                                8.1.1 Business Description           

                                8.1.2 Products/Service  

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis       

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Albany                          

                8.3 CFAN                             

                8.4 Meggitt PLC                

                8.5 GKN Aerospace                        

                8.6 GE Aviation                 

                8.7 FACC AG                      

                8.8 Triumph Group Inc                  

                8.9 Rolls-Royce                 

                8.10 Pratt & Whitney                     

9. Market Outlook & Investment Opportunities                                


                List of Tables                     

                List of Figures                   

  1. Global Aeroengine Composites Market By Region, From 2022 - 2027 ( USD Billion )
  2. Global Aeroengine Composites Market By Aircraft Type, From 2022 - 2027 ( USD Billion )
  3. Global Narrow-Body Aircraft Market By Region, From 2022 - 2027 ( USD Billion )
  4. Global Wide-Body Aircraft Market By Region, From 2022 - 2027 ( USD Billion )
  5. Global Regional Aircraft Market By Region, From 2022 - 2027 ( USD Billion )
  6. Global Military Aircraft Market By Region, From 2022 - 2027 ( USD Billion )
  7. Global Helicopter Market By Region, From 2022 - 2027 ( USD Billion )
  8. Global Aeroengine Composites Market By Composite Type, From 2022 - 2027 ( USD Billion )
  9. Global Polymer Matrix Composites Market By Region, From 2022 - 2027 ( USD Billion )
  10. Global Ceramic Matrix Composites Market By Region, From 2022 - 2027 ( USD Billion )
  11. Global Metal Matrix Composites Market By Region, From 2022 - 2027 ( USD Billion )
  12. Global Aeroengine Composites Market By Application, From 2022 - 2027 ( USD Billion )
  13. Global Fan Blades Market By Region, From 2022 - 2027 ( USD Billion )
  14. Global Fan Cases Market By Region, From 2022 - 2027 ( USD Billion )
  15. Global Outlet Guide Vanes Market By Region, From 2022 - 2027 ( USD Billion )
  16. Global Shrouds Market By Region, From 2022 - 2027 ( USD Billion )

Please wait. . . . Your request is being processed


How much was the global aeroengine composites market worth in 2021?

The global market for aeroengine composites was valued at USD 2.34 billion in 2021.

Does this report include the impact of COVID-19 on the aeroengine composites market?

Yes, we have analyzed the COVID-19 impact on the global aeroengine composites market and added it to this report.

Who are the leading players in the aeroengine composites market?

Albany, Safran Aerospace Composites, CFAN, Meggitt PLC, GKN Aerospace (Melrose Industries), GE Aviation, FACC AG, and Triumph Group Inc. are a few of the notable players in the aeroengine composites market.




pdf excel


pdf excel powerbi




What You Get :

  • PDF Report Format.
  • Can be accessible by 1 single user.
  • 6 Months of Free Analyst Support.
  • PDF and Excel Datasheet Formats.
  • Can be accessible upto 2 to 5 users.
  • 1 Year of Free Analyst Support.
  • PDF, Excel and Power BI Dashboard.
  • Can be accessible by unlimited users.
  • 1 Year of Free Analyst Support.
  • Excel Datasheet Format.
  • Customized access as per user request.
  • Upgradable to other licenses.

Talk to our analyst and get customised report done according to your research needs


Check if you can avail any discount. Submit your details and our team will get back to you.


Request to avail a free sample report that reflects this market and its growth.

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 4255

Didn’t find what you’re looking for?

Find it too expensive?

Click for Request Sample