Canada Aerospace And Defense Materials Market Size & Outlook
The aerospace and defense materials market in Canada is expected to reach a projected revenue of US$ 1,221.1 million by 2033. A compound annual growth rate of 6.6% is expected of Canada aerospace and defense materials market from 2026 to 2033.
Canada aerospace and defense materials market highlights
The Canada aerospace and defense materials market generated a revenue of USD 740.0 million in 2025 and is expected to reach USD 1,221.1 million by 2033.
The Canada market is expected to grow at a CAGR of 6.6% from 2026 to 2033.
In terms of segment, composites was the largest revenue generating material in 2025.
Titanium is the most lucrative material segment registering the fastest growth during the forecast period.
Aerospace and defense materials market data book summary
Huntsman Corp, Toray Industries Inc, Arconic, Kobe Steel Ltd, Allegheny & Western Railway, Cytec Industries, Hexcel Corp, Novelis, Constellium SE Class A, SGL Group, Thyssenkrupp AG, Formosa Plastics Group, Teijin Ltd, Strata Investment Holdings plc, VSMPO-AVISMA
Other key industry trends
In terms of revenue, Canada accounted for 3.5% of the global aerospace and defense materials market in 2025.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
In North America, U.S. aerospace and defense materials market is projected to lead the regional market in terms of revenue in 2033.
Mexico is the fastest growing regional market in North America and is projected to reach USD 407.9 million by 2033.
Aerospace & defense market is a major contributor to Canada’s economic growth. It accounts for a large part of Canada’s trade with foreign countries. Canada boasts of a diverse aerospace and defense sector and is one of the few countries that produce aircraft on a major scale.
However, aerospace & defense materials market in Canada is expected to be affected negatively by changing military structures and consequent requirements in addition to the shrinking domestic and global defense budget.
Aerospace industry in the country is involved in the research and development of novel technologies including new materials like composites, enhanced fuel efficiency, and improved de-icing.
Canada Aerospace And Defense Materials Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Aerospace And Defense Materials Market Outlook will help companies and investors design strategic landscapes.
Composites was the largest segment with a revenue share of 37.66% in 2025.
Horizon Databook has segmented the Canada aerospace and defense materials market based on aluminum, titanium, composites, superalloys, steel, plastics covering the revenue growth of each sub-segment from 2021 to 2033.
Aerospace & defense market is a major contributor to Canada’s economic growth. It accounts for a large part of Canada’s trade with foreign countries. Canada boasts of a diverse aerospace and defense sector and is one of the few countries that produce aircraft on a major scale.
However, aerospace & defense materials market in Canada is expected to be affected negatively by changing military structures and consequent requirements in addition to the shrinking domestic and global defense budget.
Aerospace industry in the country is involved in the research and development of novel technologies including new materials like composites, enhanced fuel efficiency, and improved de-icing.
Canada Aerospace And Defense Materials Market Material Outlook (Revenue, USD Million , 2021-2033)
Aluminum
Titanium
Composites
Superalloys
Steel
Plastics
Others
Canada Aerospace And Defense Materials Market Aircrft Part Outlook (Revenue, USD Million , 2021-2033)
Aersostructure
Components
Cabin Interiors
Propulsion System
Equipment, System, and Support
Satellites
Construction & Insulation Part
Canada Aerospace And Defense Materials Market Aircraft Type Outlook (Revenue, USD Million , 2021-2033)
Commercial
Business & General Aviation
Millitary
Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Aerospace And Defense Materials Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Aerospace And Defense Materials Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Canada Aerospace And Defense Materials Market, 2021-2033 (US$M)