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Post-Pandemic Aviation Boom: The Global Air Traffic Density has Jumped Since 2021

January, 2025

Aviation Carbon Fiber Market

Global Air Traffic Density: Number of Commercial Passengers, 2021-2024 (Millions)

The aviation carbon fiber market is witnessing a significant upsurge due to reasons such as the growing need for lighter materials in aviation and space travel. Key players in the space are continuously seeking to reduce operating costs by improving fuel efficiency, as it is a major cost-consuming aspect of the aviation industry, which needs to be cut down without compromising on efficiency. This can be achieved by minimizing the weight of aircraft since heavier aircraft need extra fuel to gain a similar lift and flying altitude. The increasing use of carbon fiber and nanomaterials is helping achieve the same strength and durability as traditional metal but with significantly low weight. Moreover, the market is witnessing a significant drive due to the widespread adoption of air travel by the masses, especially with the advent of budget airlines, which further need lighter and more fuel-efficient aircraft.

  • According to the data released by the International Air Transport Association, in 2023, a 55.5% surge was seen in global air travel demand.
  • In 2024, AIRBUS announced its aim to decarbonize its air travel with the help of bio-based carbon fuel.

The development and recent advancement in technology for recycling are expected to further boost the aviation carbon fiber market. For instance, the development of urban air mobility is set to significantly boost demand for faster, cleaner, and more efficient air travel. Innovations in the aviation carbon fiber market will spur demand for 

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