Aerospace and defense materials market seen reaching $58.49 billion by 2030

The aerospace and defense materials market is projected to grow from $42.27 billion in 2025 to $45.25 billion in 2026, before reaching $58.49 billion by 2030. Military modernization, next-generation aircraft, space programs and advanced composites are driving demand, with North America leading now and Asia-Pacific expected to grow fastest.

Why it matters: - Aerospace and defense materials are central to aircraft, spacecraft, missiles and military platforms that must perform under extreme stress. - Rising demand for lighter, stronger and more heat-resistant materials is shaping procurement, manufacturing and modernization spending across the sector. - The market’s growth reflects broader defense and aerospace investment, including military upgrades, space exploration and unmanned systems.

What happened: - The aerospace and defense materials market is projected to rise from $42.27 billion in 2025 to $45.25 billion in 2026. - The report projects the market will reach $58.49 billion by 2030. - The forecast implies a 7.1% CAGR for 2025-2026 and a 6.6% CAGR through 2030. - North America was the largest regional market in 2025. - Asia-Pacific is expected to be the fastest-growing region during the forecast period. - The Business Research Company released the market forecast report and related materials on Sept. 24, 2026. - A free sample of the report is available here. - The full report is available here.

The details: - Growth in 2025-2026 is tied to rising commercial aircraft production, higher global defense spending, demand for lightweight structural materials, expanded aerospace manufacturing and military modernization investment. - Growth through 2030 is tied to next-generation aircraft platforms, space exploration funding, wider adoption of advanced composites, unmanned aerial vehicle production and demand for high-performance thermal protection materials. - The report highlights a shift toward lightweight composites in aerospace structures. - The report also points to greater use of high-temperature resistant materials in defense. - Advanced corrosion-resistant coatings are gaining use in military equipment. - Ceramic matrix composites are increasing in propulsion systems. - High-strength alloys remain preferred in aircraft manufacturing. - Aerospace and defense materials are engineered to meet performance, safety and reliability requirements in aerospace and military uses. - The market covers applications in aircraft, spacecraft, missiles, defense platforms and related systems. - The report includes Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - The 2026 report package adds market attractiveness scoring, total addressable market analysis, company scoring matrices, Excel-based forecasting dashboards, market hotspots infographics, key technology analysis and updated charts and tables.

Between the lines: - Military modernization is the clearest near-term demand driver because armed forces are upgrading weapons systems, aircraft and defense technologies at scale. - The cited US Army modernization plans underscore how long procurement cycles and large upgrade pipelines can sustain material demand. - The emphasis on composites, coatings and thermal protection suggests the market is shifting from volume alone toward performance-specific materials.

What's next: - Demand will likely stay tied to defense budgets, aircraft production rates and space spending. - Material suppliers focused on lightweight, high-strength and high-temperature products are positioned to benefit most as platform requirements become more demanding. - Regional growth should continue to move toward Asia-Pacific as aerospace manufacturing and defense investment expand there.

The bottom line: - The aerospace and defense materials market is on a steady growth path, with military modernization and advanced aircraft design doing most of the heavy lifting.