United Kingdom Aerospace Carbon Fibre Market Report and Forecast 2024-2032

United Kingdom Aerospace Carbon Fibre Market Outlook

The United Kingdom aerospace carbon fibre market size is assessed to grow at a CAGR of 8.3% between 2024 and 2032. The market is being aided by the robust growth of the aerospace sector and the growing focus on boosting the sustainability of aircraft.

Key Trends in the Market

Carbon fibre refers to a material that is made from arranging carbon atoms into thin and long crystals. Its properties like versatility, lightweight, durability, corrosion, chemical, and temperature resistance, and excellent strength make it ideal for use in aircraft. The material is known to improve the aerodynamics and fuel efficiency of aircraft while surging its flexibility.

• The United Kingdom aerospace carbon fibre market growth can be attributed to the flourishing aerospace sector in the country, supported by the presence of leading players like Airbus and Boeing. The country is also a pioneer in driving sustainability and electrification of aircraft using innovative technologies. Increasing research and development activities aimed at manufacturing carbon fibre using bio-based materials like wood and cellulose, among others, are expected to support the market development in the coming years.

• Carbon fibre is lightweight and posits excellent strength-to-weight ratio, resistance to corrosion, temperature, chemical, and breakage under tension, and enhanced accident survivability. Hence, one of the key United Kingdom aerospace carbon fibre market trends is the increasing focus on reducing weight and improving the safety and fuel efficiency of aircraft.

• Advancements in 3D printing technology are also favouring the United Kingdom aerospace carbon fibre market growth. 3D printing can ease and accelerate the manufacturing of carbon fibre while reducing the requirement for labour and enhancing the cost-effectiveness of the product.

Market Analysis

Based on material, the United Kingdom aerospace carbon fibre market segmentation includes pan based and pitch based. On the basis of type, the market can be divided into continuous carbon fibre, long carbon fibre, and short carbon fibre. The major applications of the product are interior and exterior. Based on end use, the market is divided into commercial aircraft, military fixed-wing aircraft, and rotocraft, among others.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the United Kingdom aerospace carbon fibre market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

• Gen 2 Carbon Limited

• Crosby Composites Ltd.

• SGL Carbon Fibres Ltd.

• Hexcel Leicester

• Carbon Technology Ltd

• Solvay S.A.

• DowAksa

• Toray Group

• Others

Market Share by Type

Continuous carbon fibre is expected to account for a significant portion of the United Kingdom aerospace carbon fibre market share in the coming years. Due to its favourable properties like excellent strength, fine surface texture, durability, exceptional heat resistance, and stiffness, among others, continuous carbon fibre serves as a viable alternative to materials like steel and aluminium in the aerospace sector.

Manufacturers are increasingly using 3D printing technology to manufacture high-performance and customisable aircraft components at low prices. This is expected to boost the usage of continuous carbon fibre due to its reinforcement capabilities in the forecast period.

Market Share by Application

As per the United Kingdom aerospace carbon fibre market analysis, the material is extensively used in the exterior of aircraft to improve aerodynamic performance, heat resistance, and overall efficiency. Moreover, due to its low maintenance and durability, carbon fibre is also used in aircraft components such as fuselage, tails, and wings, among others. In the forecast period, the demand for recycled carbon fibre in both the exterior and interior of aircraft is expected to increase amid technological advancements and rising environmental awareness.

Competitive Landscape

Gen 2 Carbon Limited, headquartered in West Midlands, United Kingdom, is a company that offers advanced carbon fibre recovery systems. Through its innovative materials, the company aims to drive decarbonisation and fuel the shift towards sustainability. It offers services to various sectors, including renewables, automotive, and aerospace, among others.

Carbon Technology Ltd, founded in 1997, is a company that specialises in machining tubes, compression moulding, and tubes and the compression moulding of carbon and epoxy components. The company is headquartered in Warrington, England, and it offers lightweight conveyor belt joining presses and several types of carbon fibre sheets.

SGL Carbon Fibres Ltd., established in 1992, is a prominent technology company that is engaged in the manufacturing and development of carbon-based solutions. Its products are aimed at meeting trends like sustainability and carbon neutrality. Its products are widely used in various sectors, including chemical and digitisation, among others.

Other United Kingdom aerospace carbon fibre market players include Crosby Composites Ltd., Hexcel Leicester, Solvay S.A., DowAksa, and Toray Group, among others.

Key Highlights of the Report