(MENAFN- GlobeNewsWire - Nasdaq) Opportunities in the market include the rising demand for lightweight, high-performance materials in satellite and spacecraft applications to enhance payload capacity and fuel efficiency. Automated manufacturing advancements further drive market growth by reducing costs and optimizing production.Dublin, Dec. 02, 2025 (GLOBE NEWSWIRE) -- The "Space Carbon Fiber Composite Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F" has been added to ResearchAndMarkets's offering.
The Global Space Carbon Fiber Composite Market, valued at USD 0.47 Billion in 2024, is projected to experience a CAGR of 5.35% to reach USD 0.64 Billion by 2030. This market's expansion is fundamentally driven by the escalating global demand for satellites for diverse purposes including communication, earth observation, and scientific research, alongside the critical need for lightweight, high-performance materials to enhance payload capacity and fuel efficiency in space missions.
![]()
Key Market Drivers
The global space carbon fiber composite market is significantly influenced by the increasing demand for lightweight and high-performance spacecraft materials. Modern space missions require materials with exceptional strength-to-weight ratios to maximize payload capacity and operational efficiency.
According to PCMag, in October 2025, each SpaceX Starlink V3 satellite could weigh up to 2,000 kilograms, demonstrating the critical need for advanced materials in complex satellite designs. Concurrently, rising satellite deployment and constellation expansion actively drives demand for these specialized composites. The proliferation of mega-constellations for communication and Earth observation necessitates a consistent supply of high-quality components.
Key Market Challenges
The elevated production cost represents a significant impediment to the growth of the Global Space Carbon Fiber Composite Market. The complex manufacturing processes essential for these advanced materials, coupled with the stringent requirement for high-purity raw materials, directly contribute to higher overall expenditures for spacecraft, satellites, and launch vehicles. This financial burden can restrict broader adoption, particularly for nascent space ventures or missions operating with constrained financial resources, as manufacturers must rigorously justify the increased investment.
According to the American Composites Manufacturers Association (ACMA) in its 2024 State of the Industry Report, the global carbon fiber industry reached 280 million pounds, equivalent to $3.2 billion in volume, in 2023. These substantial costs associated with carbon fiber manufacturing, as highlighted by ACMA, generate considerable financial challenges throughout the supply chain.
Consequently, this impacts the competitive landscape by rendering alternative materials, even if they offer lower performance, more economically attractive for certain applications. The sustained high cost discourages investment in expanding production capabilities specifically tailored to the demanding requirements of space-grade composites, thereby decelerating market expansion and the wider integration of these materials.
Key Market Trends
Advancements in automated composite manufacturing represent a significant trend influencing the Global Space Carbon Fiber Composite Market. This trend focuses on optimizing production processes through automation, leading to increased efficiency, reduced labor costs, and enhanced material consistency. Such technological progress allows for the rapid fabrication of intricate composite structures essential for modern spacecraft.
According to the American Composites Manufacturers Association (ACMA) 2025 State of the Industry Report, global demand for carbon fiber reached 300 million pounds (U.S. $3.5 billion) in 2024, underscoring the growing need for efficient production methods. Companies are actively investing in these capabilities, as demonstrated when Hadrian, a firm specializing in automated precision component factories for space manufacturers, secured a $117 million Series B funding round in 2024 to accelerate part production for the space sector.
Key Market Players Profiled:
Rockwest Composites, Inc. Applied Composites Holdings, LLC Advanced Composite Products and Technology, Inc. Boston Materials, Inc CarboSpaceTech GmbH CPI AdamWorks, LLC CST Composites, Inc. Calian Group Ltd. Hexcel Corporation Oxeon AB
Report Scope
In this report, the Global Space Carbon Fiber Composite Market has been segmented into the following categories:
By Application:
Satellites Launch Vehicles Deep Space Exploration
By End User:
Commercial Research Defence
By Region:
Asia-Pacific North America Europe South America Middle East & Africa
Key Attributes
CONTACT:
CONTACT:
Laura Wood,Senior Press Manager...
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Comments
No comment