Missile Composite Parts - Global Strategic Business Report

The global market for Missile Composite Parts was valued at US$1.8 Billion in 2024 and is projected to reach US$2.9 Billion by 2030, growing at a CAGR of 8.8% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Missile Composite Parts market.

Global Missile Composite Parts Market - Key Trends & Drivers Summarized

How Are Composite Materials Revolutionizing Missile Structural Design?

Missile systems are undergoing a profound transformation in terms of design, functionality, and performance-driven largely by the integration of advanced composite materials in their structural components. Missile composite parts, which include nose cones, airframes, fins, propulsion casings, and control surfaces, are increasingly being manufactured using high-performance fiber-reinforced polymers, carbon-carbon composites, and hybrid laminates. These materials offer exceptional strength-to-weight ratios, thermal stability, and resistance to high aerodynamic loads, making them ideal for next-generation missile applications.

Conventional metal alloys, although structurally competent, pose limitations in terms of weight, corrosion resistance, and radar visibility. Composite materials, on the other hand, provide enhanced maneuverability, increased range, and stealth capabilities due to their radar-absorbing properties. These benefits have led to the widespread substitution of metal parts with composites in both tactical and strategic missile systems across major defense platforms. Notably, hypersonic glide vehicles, long-range cruise missiles, and surface-to-air interceptors now routinely feature composite shells and modular composite booster casings.

What Are the Key Technologies and Material Innovations Driving Composite Integration?

Recent developments in composite manufacturing technologies-such as automated fiber placement (AFP), resin transfer molding (RTM), pultrusion, filament winding, and thermoplastic composite welding-have streamlined the production of complex missile structures with precise dimensional tolerances. AFP and ATL (automated tape laying) enable rapid, repeatable, and defect-minimized layering of carbon and aramid fibers along programmed geometries, supporting the fabrication of aerodynamically optimized missile bodies with integral structural and thermal properties.

High-temperature resistant matrices such as polyimides, bismaleimides, and cyanate esters are now being adopted alongside advanced carbon fibers for airframe components that encounter extreme thermal and mechanical stresses during reentry or sustained high-speed flight. Ceramic matrix composites (CMCs) are also being explored for specific segments like propulsion system linings, where thermal shock resistance and ablation tolerance are critical. Hybrid composite-metallic structures-particularly in joining flanges and interfaces-enable functional integration while maintaining structural coherence under dynamic load conditions.

Radar cross-section (RCS) reduction is another major area of focus. Radar-absorbing composites embedded with conductive fillers, such as carbon nanotubes or metal oxides, allow missile surfaces to be engineered for stealth while simultaneously preserving aerodynamic stability. These composite materials are also tailored to mitigate vibrations and acoustic signatures, contributing to low-observability designs critical for modern warfare environments.

Which Geographies and Defense Programs Are Accelerating the Use of Composite Missile Parts?

The United States is a leading market in missile composite part development and deployment, fueled by programs such as the Long Range Hypersonic Weapon (LRHW), Joint Air-to-Ground Missile (JAGM), and Tomahawk modernization initiatives. U.S.-based defense OEMs and aerospace contractors are aggressively incorporating composite solutions in missiles to enhance platform agility and reduce weight penalties. Raytheon, Lockheed Martin, and Northrop Grumman are key stakeholders integrating high-performance composites into their missile product lines.

European countries-including France, Germany, and the UK-are advancing composite integration via multinational collaborative platforms such as the Future Cruise/Anti-Ship Weapon (FC/ASW) program. Meanwhile, in the Asia-Pacific region, China and India are both investing in missile programs with a clear emphasis on stealth and high-speed capabilities. China's DF-17 and India’s BrahMos-II are both understood to feature advanced composite airframes and nose cones to withstand extreme flight conditions while maintaining aerodynamic control and low observability.

Emerging defense-industrial nations such as South Korea, Turkey, and Israel are also stepping up their capabilities in composite missile production, either via indigenous development or through joint ventures with established Western aerospace suppliers. These countries are recognizing the strategic advantages of composites in producing compact, lightweight, long-range missile systems optimized for various land, naval, and airborne launch platforms.

What Is Fueling Growth in the Global Missile Composite Parts Market?

The growth in the global missile composite parts market is driven by several factors, including the strategic shift toward lightweight, long-range, and stealth-oriented missile platforms. The demand for superior flight performance, thermal endurance, and structural integrity under dynamic loads is compelling defense contractors and national militaries to adopt composites over traditional materials. As defense budgets pivot toward high-value, low-footprint platforms that offer superior lethality and survivability, composites are becoming the baseline material of choice in missile architectures.

The rising geopolitical tensions across Eastern Europe, East Asia, and the Middle East are amplifying the demand for agile and high-speed missile systems. These new-generation weapons require materials capable of withstanding complex aero-thermal environments without compromising payload delivery precision or radar evasion. The need to ensure high mission success rates while reducing weight and increasing speed has elevated composites to a strategic priority across missile development programs.

Furthermore, sustainability goals and lifecycle considerations are pushing OEMs toward modular, repairable, and recyclable composite designs. The integration of digital manufacturing methods and simulation-driven optimization is reducing time-to-market and enabling rapid prototyping of novel composite missile configurations. Government R&D funding, defense contractor collaboration, and dual-use technology transfer from civil aerospace sectors are likely to maintain a steady growth trajectory for composite adoption in missile systems over the coming years.

Scope of the Report

The report analyzes the Missile Composite Parts market, presented in terms of market value (USD). The analysis covers the key segments and geographic regions outlined below:

• Segments: Material (Carbon Fiber Material, Glass Fiber Material, Aramid Fiber Material, Other Materials); Manufacturing Process (Filament Winding Manufacturing, Lay-up Manufacturing, Resin Transfer Molding Manufacturing, Other Manufacturing Processes); Application (Air-to-Air Missiles Application, Surface-to-Air Missiles Application, Surface-to-Surface Missiles Application, Other Applications); End-User (Defense End-User, Aerospace End-User, Other End-Users).
• Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Carbon Fiber Material segment, which is expected to reach US$1.5 Billion by 2030 with a CAGR of a 9.7%. The Glass Fiber Material segment is also set to grow at 9.2% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $484.0 Million in 2024, and China, forecasted to grow at an impressive 13.7% CAGR to reach $646.4 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Missile Composite Parts Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Missile Composite Parts Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Missile Composite Parts Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as Aerojet Rocketdyne, AIM Composite, Albany Engineered Composites, ATK Space Systems (Northrop Grumman Innovation Systems), BAE Systems and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 42 companies featured in this Missile Composite Parts market report include:

• Aerojet Rocketdyne
• AIM Composite
• Albany Engineered Composites
• ATK Space Systems (Northrop Grumman Innovation Systems)
• BAE Systems
• BlueForce Technologies
• CPI Aero
• Curtiss-Wright Corporation
• General Dynamics Ordnance and Tactical Systems
• GKN Aerospace
• Hexcel Corporation
• Kratos Defense & Security Solutions
• L3Harris Technologies
• Leonardo S.p.A.
• Lockheed Martin Corporation
• Meggitt PLC (now part of Parker Hannifin)
• Orbital ATK (acquired by Northrop Grumman)
• Raytheon Missiles & Defense
• RUAG Space
• Spirit AeroSystems

This edition integrates the latest global trade and economic shifts into comprehensive market analysis. Key updates include:

• Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
• Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes historical analysis from 2015 to 2023.
• Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
• Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
• Competitive Intelligence: Updated global market share estimates for 2025 (E), competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
• Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.