| Product Code: ETC5710613 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Bulgaria`s aerospace composites import shipments in 2024 saw a significant shift in concentration towards top exporters such as Czechia, UK, China, Canada, and Metropolitan France. The Market Top 5 Importing Countries and Market Competition (HHI) Analysis experienced a notable decline in growth with a CAGR of -21.74% from 2020 to 2024, and a sharp decrease in growth rate of -63.02% from 2023 to 2024. The increase in concentration levels from moderate to high suggests a more focused supply chain, potentially leading to strategic partnerships and enhanced competitiveness within the aerospace composites sector in Bulgaria.

In Bulgaria, the Aerospace Composites Market is growing steadily as the aerospace industry seeks materials that offer weight reduction without compromising on strength and durability. Composites are increasingly used in the manufacturing of aircraft components, contributing to this market`s expansion.
The aerospace composites market in Bulgaria is experiencing growth due to the increasing demand for lightweight materials that enhance fuel efficiency and reduce emissions in aircraft. The market is driven by the aerospace industry`s focus on improving aircraft performance and reducing operating costs. Additionally, the adoption of composites in new aircraft designs and the maintenance of existing fleets are key factors driving the market.
In the aerospace composites market, Bulgaria faces challenges related to stringent industry standards and high manufacturing costs. The aerospace sector requires composites that meet rigorous performance and safety standards, necessitating advanced production techniques and quality control measures. Additionally, the market is influenced by global competition and the need for continuous innovation.
In Bulgaria, the aerospace composites market benefits from government policies that support the national aerospace industry. There are strategic investments in research and development for aerospace-grade composites. The government also provides funding for projects aimed at enhancing the performance and safety of aerospace composites. Regulations ensure compliance with international aerospace standards, and there are initiatives to attract foreign investment in the aerospace sector.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bulgaria Aerospace Composites Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Aerospace Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Aerospace Composites Market - Industry Life Cycle |
3.4 Bulgaria Aerospace Composites Market - Porter's Five Forces |
3.5 Bulgaria Aerospace Composites Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 Bulgaria Aerospace Composites Market Revenues & Volume Share, By Aircraft Type, 2021 & 2031F |
3.7 Bulgaria Aerospace Composites Market Revenues & Volume Share, By Matrix Type, 2021 & 2031F |
3.8 Bulgaria Aerospace Composites Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Bulgaria Aerospace Composites Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 Bulgaria Aerospace Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and fuel-efficient aircraft |
4.2.2 Growing investments in aerospace research and development |
4.2.3 Rise in air passenger traffic and cargo transportation |
4.3 Market Restraints |
4.3.1 High initial investment costs for aerospace composites production |
4.3.2 Stringent regulations and certifications required for aerospace applications |
5 Bulgaria Aerospace Composites Market Trends |
6 Bulgaria Aerospace Composites Market Segmentations |
6.1 Bulgaria Aerospace Composites Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Aerospace Composites Market Revenues & Volume, By Carbon Fiber Composites, 2021-2031F |
6.1.3 Bulgaria Aerospace Composites Market Revenues & Volume, By Ceramic Fiber Composites, 2021-2031F |
6.1.4 Bulgaria Aerospace Composites Market Revenues & Volume, By Glass Fiber Composites, 2021-2031F |
6.2 Bulgaria Aerospace Composites Market, By Aircraft Type |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Aerospace Composites Market Revenues & Volume, By Commercial Aircraft, 2021-2031F |
6.2.3 Bulgaria Aerospace Composites Market Revenues & Volume, By Business & General Aviation, 2021-2031F |
6.2.4 Bulgaria Aerospace Composites Market Revenues & Volume, By Civil Helicopter, 2021-2031F |
6.2.5 Bulgaria Aerospace Composites Market Revenues & Volume, By Military Aircraft, 2021-2031F |
6.2.6 Bulgaria Aerospace Composites Market Revenues & Volume, By Others? , 2021-2031F |
6.3 Bulgaria Aerospace Composites Market, By Matrix Type |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Aerospace Composites Market Revenues & Volume, By Polymer Matrix, 2021-2031F |
6.3.3 Bulgaria Aerospace Composites Market Revenues & Volume, By Ceramic Matrix, 2021-2031F |
6.3.4 Bulgaria Aerospace Composites Market Revenues & Volume, By Metal Matrix, 2021-2031F |
6.4 Bulgaria Aerospace Composites Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Bulgaria Aerospace Composites Market Revenues & Volume, By Interior, 2021-2031F |
6.4.3 Bulgaria Aerospace Composites Market Revenues & Volume, By Exterior, 2021-2031F |
6.5 Bulgaria Aerospace Composites Market, By Manufacturing Process |
6.5.1 Overview and Analysis |
6.5.2 Bulgaria Aerospace Composites Market Revenues & Volume, By AFP/ATL, 2021-2031F |
6.5.3 Bulgaria Aerospace Composites Market Revenues & Volume, By Lay-up, 2021-2031F |
6.5.4 Bulgaria Aerospace Composites Market Revenues & Volume, By Resin Transfer Molding, 2021-2031F |
6.5.5 Bulgaria Aerospace Composites Market Revenues & Volume, By Filament Winding, 2021-2031F |
6.5.6 Bulgaria Aerospace Composites Market Revenues & Volume, By Others, 2021-2031F |
7 Bulgaria Aerospace Composites Market Import-Export Trade Statistics |
7.1 Bulgaria Aerospace Composites Market Export to Major Countries |
7.2 Bulgaria Aerospace Composites Market Imports from Major Countries |
8 Bulgaria Aerospace Composites Market Key Performance Indicators |
8.1 Percentage of aerospace composites used in new aircraft designs |
8.2 Research and development expenditure in aerospace composites technologies |
8.3 Number of partnerships and collaborations for aerospace composites innovation |
9 Bulgaria Aerospace Composites Market - Opportunity Assessment |
9.1 Bulgaria Aerospace Composites Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 Bulgaria Aerospace Composites Market Opportunity Assessment, By Aircraft Type, 2021 & 2031F |
9.3 Bulgaria Aerospace Composites Market Opportunity Assessment, By Matrix Type, 2021 & 2031F |
9.4 Bulgaria Aerospace Composites Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Bulgaria Aerospace Composites Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 Bulgaria Aerospace Composites Market - Competitive Landscape |
10.1 Bulgaria Aerospace Composites Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Aerospace Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |