India Aerospace And Defense Materials Market Size & Outlook
- Materials
- Advanced Materials
- Aerospace And Defense Materials Market Outlook
- Advanced Materials
Global Market
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India aerospace and defense materials market highlights
- The India aerospace and defense materials market generated a revenue of USD 294.2 million in 2025 and is expected to reach USD 518.6 million by 2033.
- The India market is expected to grow at a CAGR of 7.5% from 2026 to 2033.
- In terms of segment, composites was the largest revenue generating material in 2025.
- Composites 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 2025 | USD 294.2 million |
| Market revenue in 2033 | USD 518.6 million |
| Growth rate | 7.5% (CAGR from 2026 to 2033) |
| Largest segment | Composites |
| Fastest growing segment | Composites |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Aluminum, Titanium, Composites, Superalloys, Steel, Plastics |
| Key market players worldwide | 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, India accounted for 1.4% 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 Asia Pacific, Japan aerospace and defense materials market is projected to lead the regional market in terms of revenue in 2033.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 616.9 million by 2033.
The Indian aerospace and defense industry is currently witnessing a significant growth on the back of rising defense expenditure by the Indian government and the growth of the civil aviation sector. The passenger traffic has increased tremendously in the past five years at a rate of 15 percent annually.
Furthermore, the number of international travelers from India has also witnessed a notable increase in the recent past, which indicates a positive growth outlook for airline services in India in the near future. These factors are expected to pose high growth opportunities for aerospace and defense materials over the forecast period.
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Publish Date: Jun 23, 2026
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Aerospace And Defense Materials Market Scope
Aerospace And Defense Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Huntsman Corp | View profile | 6,000 | 10003 Woodloch Forest Drive, The Woodlands, TX, United States, 77380 | www.huntsman.com |
| Toray Industries Inc | View profile | 48,682 | Nihonbashi Mitsui Tower 2-1-1, Nihonbashi Muromach, Chuo-ku, Tokyo, Japan, 103-8666 | www.toray.co.jp |
| Teijin Ltd | View profile | 24,499 | 6-7, Minami Hommachi 1-chome, Chuo-ku, Osaka, Japan, 541-8587 | www.teijin.co.jp |
| Thyssenkrupp AG | View profile | 100,202 | ThyssenKrupp Allee 1, Essen, NW, Germany, 45143 | www.thyssenkrupp.com |
| Arconic | View profile | 10001+ | Pittsburgh, Pennsylvania, United States, North America | www.arconic.com |
| Novelis | View profile | 10001+ | Atlanta, Georgia, United States, North America | novelis.com |
| Hexcel Corp | View profile | 5,590 | 281 Tresser Boulevard, Two Stamford Plaza, 16th Floor, Stamford, CT, United States, 06901 | www.hexcel.com |
| SGL Group | View profile | 11-50 | Adelaide, South Australia, Australia, Oceania | www.sglgroup.net |
| Cytec Industries | View profile | 1001-5000 | Little Falls, New Jersey, United States, North America | cytec.com |
| Formosa Plastics Group | View profile | 1001-5000 | Taipei, T'ai-pei, Taiwan, Asia | www.fpg.com.tw/ |
India 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 48.2% in 2025.
Horizon Databook has segmented the India 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.
The Indian aerospace and defense industry is currently witnessing a significant growth on the back of rising defense expenditure by the Indian government and the growth of the civil aviation sector. The passenger traffic has increased tremendously in the past five years at a rate of 15 percent annually.
Furthermore, the number of international travelers from India has also witnessed a notable increase in the recent past, which indicates a positive growth outlook for airline services in India in the near future. These factors are expected to pose high growth opportunities for aerospace and defense materials over the forecast period.
- India Aerospace And Defense Materials Market Material Outlook (Revenue, USD Million , 2021-2033)
- Aluminum
- Titanium
- Composites
- Superalloys
- Steel
- Plastics
- Others
- India 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
- India 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 India Aerospace And Defense Materials Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into India Aerospace And Defense Materials Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
India Aerospace And Defense Materials Market, 2021-2033 (US$M)
India aerospace and defense materials market statistics, by material, 2021-2033 (US$M)
