Aerospace & Defense Core Materials Market to Reach $0.88 Billion by 2030
The global Aerospace & Defense Core Materials Market is poised for strong expansion, with market size projected to grow from USD 0.47 billion in 2025 to USD 0.88 billion by 2030, registering a robust CAGR of 13.3% during the forecast period, according to the report “Aerospace & Defense Core Materials Market by Type, Application, and Region – Forecast to 2030”.
This growth is being driven primarily by the aerospace and defense sectors’ continued focus on weight reduction, fuel efficiency, and structural performance. Core materials such as honeycomb, foam, and balsa are increasingly being integrated into aircraft wings, fuselage sections, interior panels, and defense platforms as manufacturers accelerate the adoption of advanced composite structures across both commercial and military programs.
As next-generation aircraft designs place greater emphasis on lightweight yet high-strength architectures, the demand for core materials that can deliver durability, stiffness, and fatigue resistance continues to rise. These materials are playing a critical role in enabling improved aerodynamic efficiency and reduced operating costs, making them indispensable across the aerospace value chain.
Key Market Players
The market features several established global players, including:
- Hexcel Corporation (US)
- Plascore Incorporated (US)
- The Gill Corporation (US)
- SCHÜTZ Composites (Germany)
- Corex Honeycomb (UK)
- Euro-Composites (Luxembourg), among others
Market Dynamics
- Driver: Growing use of lightweight composite structures in next-generation aircraft and defense platforms
- Challenge: High cost of aerospace-grade honeycomb and advanced foam core materials
- Opportunity: Rapid growth in UAVs, eVTOL aircraft, and space exploration applications
- Challenge: Developing cost-effective core materials while maintaining strict aerospace performance and certification standards
Regional Insights
North America currently accounts for the largest share of the aerospace and defense core materials market and is expected to maintain its dominance over the forecast period. The region benefits from a strong concentration of aircraft manufacturers, defense contractors, and R&D ecosystems that have long relied on honeycomb and foam core technologies. With the majority of global aircraft design and production activities centered in the United States, demand for high-performance core materials remains consistently strong across the region.
Source: MarketsandMarkets