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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.

  • Materials
    • Advanced Materials
      • Aerospace And Defense Materials Market Outlook
Revenue, 2025 (US$M)
$740.0
Estimate, 2026 (US$M)
$781.3
Forecast, 2033 (US$M)
$1,221.1
CAGR, 2026 - 2033
6.6%
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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

Market revenue in 2025USD 740.0 million
Market revenue in 2033USD 1,221.1 million
Growth rate6.6% (CAGR from 2026 to 2033)
Largest segmentComposites
Fastest growing segmentTitanium
Historical data2021 - 2024
Base year2025
Forecast period2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationAluminum, Titanium, Composites, Superalloys, Steel, Plastics
Key market players worldwideHuntsman 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.

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Publish Date: Jun 23, 2026

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Aerospace And Defense Materials Market Companies

NameProfile# EmployeesHQWebsite
Huntsman CorpView profile 6,00010003 Woodloch Forest Drive, The Woodlands, TX, United States, 77380www.huntsman.com
Toray Industries IncView profile 48,682Nihonbashi Mitsui Tower 2-1-1, Nihonbashi Muromach, Chuo-ku, Tokyo, Japan, 103-8666www.toray.co.jp
Teijin LtdView profile 24,4996-7, Minami Hommachi 1-chome, Chuo-ku, Osaka, Japan, 541-8587www.teijin.co.jp
Thyssenkrupp AGView profile 100,202ThyssenKrupp Allee 1, Essen, NW, Germany, 45143www.thyssenkrupp.com
ArconicView profile 10001+Pittsburgh, Pennsylvania, United States, North Americawww.arconic.com
NovelisView profile 10001+Atlanta, Georgia, United States, North Americanovelis.com
Hexcel CorpView profile 5,590281 Tresser Boulevard, Two Stamford Plaza, 16th Floor, Stamford, CT, United States, 06901www.hexcel.com
SGL GroupView profile 11-50Adelaide, South Australia, Australia, Oceaniawww.sglgroup.net
Cytec IndustriesView profile 1001-5000Little Falls, New Jersey, United States, North Americacytec.com
Formosa Plastics GroupView profile 1001-5000Taipei, T'ai-pei, Taiwan, Asiawww.fpg.com.tw/

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)

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Canada aerospace and defense materials market statistics, by material, 2021-2033 (US$M)

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Canada aerospace and defense materials market statistics, by material, 2021-2033 (USD Million)

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