Composites Market
Composites Market - Global Industry Assessment & Forecast
Segments Covered
- By Product Carbon Fiber, Glass Fiber, Others
- By Manufacturing Process Layup Process, Filament Winding Process, Injection Molding Process, Pultrusion Process, Compression Molding Process, Resin Transfer Molding Process, Others
- By End-Use Automotive & Transportation, Electrical & Electronics, Wind Energy, Construction & Infrastructure, Pipes & Tanks, Marine, Others
- By Resin Type Thermoplastic, Thermosetting
- By Region North America, Europe, Latin America, Asia-Pacific, Middle East & Africa
Snapshot
Base Year: | 2023 |
Forecast Years: | 2024 - 2032 |
Historical Years: | 2018 - 2022 |
Revenue 2023: | USD 120.9 Billion |
Revenue 2032: | USD 258.1 Billion |
Revenue CAGR (2024 - 2032): | 8.8% |
Fastest Growing Region (2024 - 2032) | Asia Pacific |
Largest Region (2023): | Europe |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Composites Market Segment Analysis
- Composites Product Outlook (Revenue, USD Million, 2018 - 2030)
- Carbon Fiber
- Glass Fiber
- Others
- Composites Manufacturing Process Outlook (Revenue, USD Million, 2018 - 2030)
- Layup Process
- Filament Winding Process
- Injection Molding Process
- Pultrusion Process
- Compression Molding Process
- Resin Transfer Molding Process
- Others
- Composites End-Use Outlook (Revenue, USD Million, 2018 - 2030)
- Automotive & Transportation
- Electrical & Electronics
- Wind Energy
- Construction & Infrastructure
- Pipes & Tanks
- Marine
- Others
- Composites Resin Type Outlook (Revenue, USD Million, 2018 - 2030)
- Thermoplastic
- Thermosetting
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Composites Market, by Product
- Carbon Fiber
- Glass Fiber
- Others
-
North America Composites Market, by Manufacturing Process
- Layup Process
- Filament Winding Process
- Injection Molding Process
- Pultrusion Process
- Compression Molding Process
- Resin Transfer Molding Process
- Others
-
North America Composites Market, by End-Use
- Automotive & Transportation
- Electrical & Electronics
- Wind Energy
- Construction & Infrastructure
- Pipes & Tanks
- Marine
- Others
-
North America Composites Market, by Resin Type
- Thermoplastic
- Thermosetting
- U.S.
- U.S. Composites Market, by Product
- Carbon Fiber
- Glass Fiber
- Others
- U.S. Composites Market, by Manufacturing Process
- Layup Process
- Filament Winding Process
- Injection Molding Process
- Pultrusion Process
- Compression Molding Process
- Resin Transfer Molding Process
- Others
- U.S. Composites Market, by End-Use
- Automotive & Transportation
- Electrical & Electronics
- Wind Energy
- Construction & Infrastructure
- Pipes & Tanks
- Marine
- Others
- U.S. Composites Market, by Resin Type
- Thermoplastic
- Thermosetting
- U.S. Composites Market, by Product
- Canada
- Canada Composites Market, by Product
- Carbon Fiber
- Glass Fiber
- Others
- Canada Composites Market, by Manufacturing Process
- Layup Process
- Filament Winding Process
- Injection Molding Process
- Pultrusion Process
- Compression Molding Process
- Resin Transfer Molding Process
- Others
- Canada Composites Market, by End-Use
- Automotive & Transportation
- Electrical & Electronics
- Wind Energy
- Construction & Infrastructure
- Pipes & Tanks
- Marine
- Others
- Canada Composites Market, by Resin Type
- Thermoplastic
- Thermosetting
- Canada Composites Market, by Product
-
Mexico
- Mexico Composites Market, by Product
- Carbon Fiber
- Glass Fiber
- Others
- Mexico Composites Market, by Manufacturing Process
- Layup Process
- Filament Winding Process
- Injection Molding Process
- Pultrusion Process
- Compression Molding Process
- Resin Transfer Molding Process
- Others
- Mexico Composites Market, by End-Use
- Automotive & Transportation
- Electrical & Electronics
- Wind Energy
- Construction & Infrastructure
- Pipes & Tanks
- Marine
- Others
- Mexico Composites Market, by Resin Type
- Thermoplastic
- Thermosetting
- Mexico Composites Market, by Product
-
North America Composites Market, by Product
- Europe
-
Europe Composites Market, by Product
- Carbon Fiber
- Glass Fiber
- Others
-
Europe Composites Market, by Manufacturing Process
- Layup Process
- Filament Winding Process
- Injection Molding Process
- Pultrusion Process
- Compression Molding Process
- Resin Transfer Molding Process
- Others
-
Europe Composites Market, by End-Use
- Automotive & Transportation
- Electrical & Electronics
- Wind Energy
- Construction & Infrastructure
- Pipes & Tanks
- Marine
- Others
-
Europe Composites Market, by Resin Type
- Thermoplastic
- Thermosetting
- U. K.
- U.K. Composites Market, by Product
- Carbon Fiber
- Glass Fiber
- Others
- U.K. Composites Market, by Manufacturing Process
- Layup Process
- Filament Winding Process
- Injection Molding Process
- Pultrusion Process
- Compression Molding Process
- Resin Transfer Molding Process
- Others
- U.K. Composites Market, by End-Use
- Automotive & Transportation
- Electrical & Electronics
- Wind Energy
- Construction & Infrastructure
- Pipes & Tanks
- Marine
- Others
- U.K. Composites Market, by Resin Type
- Thermoplastic
- Thermosetting
- U.K. Composites Market, by Product
- France
- France Composites Market, by Product
- Carbon Fiber
- Glass Fiber
- Others
- France Composites Market, by Manufacturing Process
- Layup Process
- Filament Winding Process
- Injection Molding Process
- Pultrusion Process
- Compression Molding Process
- Resin Transfer Molding Process
- Others
- France Composites Market, by End-Use
- Automotive & Transportation
- Electrical & Electronics
- Wind Energy
- Construction & Infrastructure
- Pipes & Tanks
- Marine
- Others
- France Composites Market, by Resin Type
- Thermoplastic
- Thermosetting
- France Composites Market, by Product
-
Germany
- Germany Composites Market, by Product
- Carbon Fiber
- Glass Fiber
- Others
- Germany Composites Market, by Manufacturing Process
- Layup Process
- Filament Winding Process
- Injection Molding Process
- Pultrusion Process
- Compression Molding Process
- Resin Transfer Molding Process
- Others
- Germany Composites Market, by End-Use
- Automotive & Transportation
- Electrical & Electronics
- Wind Energy
- Construction & Infrastructure
- Pipes & Tanks
- Marine
- Others
- Germany Composites Market, by Resin Type
- Thermoplastic
- Thermosetting
- Germany Composites Market, by Product
-
Italy
- Italy Composites Market, by Product
- Carbon Fiber
- Glass Fiber
- Others
- Italy Composites Market, by Manufacturing Process
- Layup Process
- Filament Winding Process
- Injection Molding Process
- Pultrusion Process
- Compression Molding Process
- Resin Transfer Molding Process
- Others
- Italy Composites Market, by End-Use
- Automotive & Transportation
- Electrical & Electronics
- Wind Energy
- Construction & Infrastructure
- Pipes & Tanks
- Marine
- Others
- Italy Composites Market, by Resin Type
- Thermoplastic
- Thermosetting
- Italy Composites Market, by Product
-
Spain
- Spain Composites Market, by Product
- Carbon Fiber
- Glass Fiber
- Others
- Spain Composites Market, by Manufacturing Process
- Layup Process
- Filament Winding Process
- Injection Molding Process
- Pultrusion Process
- Compression Molding Process
- Resin Transfer Molding Process
- Others
- Spain Composites Market, by End-Use
- Automotive & Transportation
- Electrical & Electronics
- Wind Energy
- Construction & Infrastructure
- Pipes & Tanks
- Marine
- Others
- Spain Composites Market, by Resin Type
- Thermoplastic
- Thermosetting
- Spain Composites Market, by Product
-
Rest of Europe
- Rest of Europe Composites Market, by Product
- Carbon Fiber
- Glass Fiber
- Others
- Rest of Europe Composites Market, by Manufacturing Process
- Layup Process
- Filament Winding Process
- Injection Molding Process
- Pultrusion Process
- Compression Molding Process
- Resin Transfer Molding Process
- Others
- Rest of Europe Composites Market, by End-Use
- Automotive & Transportation
- Electrical & Electronics
- Wind Energy
- Construction & Infrastructure
- Pipes & Tanks
- Marine
- Others
- Rest of Europe Composites Market, by Resin Type
- Thermoplastic
- Thermosetting
- Rest of Europe Composites Market, by Product
-
Europe Composites Market, by Product
- Asia Pacific
-
Asia Pacific Composites Market, by Product
- Carbon Fiber
- Glass Fiber
- Others
-
Asia Pacific Composites Market, by Manufacturing Process
- Layup Process
- Filament Winding Process
- Injection Molding Process
- Pultrusion Process
- Compression Molding Process
- Resin Transfer Molding Process
- Others
-
Asia Pacific Composites Market, by End-Use
- Automotive & Transportation
- Electrical & Electronics
- Wind Energy
- Construction & Infrastructure
- Pipes & Tanks
- Marine
- Others
-
Asia Pacific Composites Market, by Resin Type
- Thermoplastic
- Thermosetting
- China
- China Composites Market, by Product
- Carbon Fiber
- Glass Fiber
- Others
- China Composites Market, by Manufacturing Process
- Layup Process
- Filament Winding Process
- Injection Molding Process
- Pultrusion Process
- Compression Molding Process
- Resin Transfer Molding Process
- Others
- China Composites Market, by End-Use
- Automotive & Transportation
- Electrical & Electronics
- Wind Energy
- Construction & Infrastructure
- Pipes & Tanks
- Marine
- Others
- China Composites Market, by Resin Type
- Thermoplastic
- Thermosetting
- China Composites Market, by Product
- Japan
- Japan Composites Market, by Product
- Carbon Fiber
- Glass Fiber
- Others
- Japan Composites Market, by Manufacturing Process
- Layup Process
- Filament Winding Process
- Injection Molding Process
- Pultrusion Process
- Compression Molding Process
- Resin Transfer Molding Process
- Others
- Japan Composites Market, by End-Use
- Automotive & Transportation
- Electrical & Electronics
- Wind Energy
- Construction & Infrastructure
- Pipes & Tanks
- Marine
- Others
- Japan Composites Market, by Resin Type
- Thermoplastic
- Thermosetting
- Japan Composites Market, by Product
-
Germany
- Germany Composites Market, by Product
- Carbon Fiber
- Glass Fiber
- Others
- Germany Composites Market, by Manufacturing Process
- Layup Process
- Filament Winding Process
- Injection Molding Process
- Pultrusion Process
- Compression Molding Process
- Resin Transfer Molding Process
- Others
- Germany Composites Market, by End-Use
- Automotive & Transportation
- Electrical & Electronics
- Wind Energy
- Construction & Infrastructure
- Pipes & Tanks
- Marine
- Others
- Germany Composites Market, by Resin Type
- Thermoplastic
- Thermosetting
- Germany Composites Market, by Product
-
India
- India Composites Market, by Product
- Carbon Fiber
- Glass Fiber
- Others
- India Composites Market, by Manufacturing Process
- Layup Process
- Filament Winding Process
- Injection Molding Process
- Pultrusion Process
- Compression Molding Process
- Resin Transfer Molding Process
- Others
- India Composites Market, by End-Use
- Automotive & Transportation
- Electrical & Electronics
- Wind Energy
- Construction & Infrastructure
- Pipes & Tanks
- Marine
- Others
- India Composites Market, by Resin Type
- Thermoplastic
- Thermosetting
- India Composites Market, by Product
-
South Korea
- South Korea Composites Market, by Product
- Carbon Fiber
- Glass Fiber
- Others
- South Korea Composites Market, by Manufacturing Process
- Layup Process
- Filament Winding Process
- Injection Molding Process
- Pultrusion Process
- Compression Molding Process
- Resin Transfer Molding Process
- Others
- South Korea Composites Market, by End-Use
- Automotive & Transportation
- Electrical & Electronics
- Wind Energy
- Construction & Infrastructure
- Pipes & Tanks
- Marine
- Others
- South Korea Composites Market, by Resin Type
- Thermoplastic
- Thermosetting
- South Korea Composites Market, by Product
-
South East Asia
- South East Asia Composites Market, by Product
- Carbon Fiber
- Glass Fiber
- Others
- South East Asia Composites Market, by Manufacturing Process
- Layup Process
- Filament Winding Process
- Injection Molding Process
- Pultrusion Process
- Compression Molding Process
- Resin Transfer Molding Process
- Others
- South East Asia Composites Market, by End-Use
- Automotive & Transportation
- Electrical & Electronics
- Wind Energy
- Construction & Infrastructure
- Pipes & Tanks
- Marine
- Others
- South East Asia Composites Market, by Resin Type
- Thermoplastic
- Thermosetting
- South East Asia Composites Market, by Product
-
Rest of Asia Pacific
- Rest of Asia Pacific Composites Market, by Product
- Carbon Fiber
- Glass Fiber
- Others
- Rest of Asia Pacific Composites Market, by Manufacturing Process
- Layup Process
- Filament Winding Process
- Injection Molding Process
- Pultrusion Process
- Compression Molding Process
- Resin Transfer Molding Process
- Others
- Rest of Asia Pacific Composites Market, by End-Use
- Automotive & Transportation
- Electrical & Electronics
- Wind Energy
- Construction & Infrastructure
- Pipes & Tanks
- Marine
- Others
- Rest of Asia Pacific Composites Market, by Resin Type
- Thermoplastic
- Thermosetting
- Rest of Asia Pacific Composites Market, by Product
-
Asia Pacific Composites Market, by Product
- Latin America
-
Latin America Composites Market, by Product
- Carbon Fiber
- Glass Fiber
- Others
-
Latin America Composites Market, by Manufacturing Process
- Layup Process
- Filament Winding Process
- Injection Molding Process
- Pultrusion Process
- Compression Molding Process
- Resin Transfer Molding Process
- Others
-
Latin America Composites Market, by End-Use
- Automotive & Transportation
- Electrical & Electronics
- Wind Energy
- Construction & Infrastructure
- Pipes & Tanks
- Marine
- Others
-
Latin America Composites Market, by Resin Type
- Thermoplastic
- Thermosetting
- Brazil
- Brazil Composites Market, by Product
- Carbon Fiber
- Glass Fiber
- Others
- Brazil Composites Market, by Manufacturing Process
- Layup Process
- Filament Winding Process
- Injection Molding Process
- Pultrusion Process
- Compression Molding Process
- Resin Transfer Molding Process
- Others
- Brazil Composites Market, by End-Use
- Automotive & Transportation
- Electrical & Electronics
- Wind Energy
- Construction & Infrastructure
- Pipes & Tanks
- Marine
- Others
- Brazil Composites Market, by Resin Type
- Thermoplastic
- Thermosetting
- Brazil Composites Market, by Product
- Argentina
- Argentina Composites Market, by Product
- Carbon Fiber
- Glass Fiber
- Others
- Argentina Composites Market, by Manufacturing Process
- Layup Process
- Filament Winding Process
- Injection Molding Process
- Pultrusion Process
- Compression Molding Process
- Resin Transfer Molding Process
- Others
- Argentina Composites Market, by End-Use
- Automotive & Transportation
- Electrical & Electronics
- Wind Energy
- Construction & Infrastructure
- Pipes & Tanks
- Marine
- Others
- Argentina Composites Market, by Resin Type
- Thermoplastic
- Thermosetting
- Argentina Composites Market, by Product
-
Rest of Latin America
- Rest of Latin America Composites Market, by Product
- Carbon Fiber
- Glass Fiber
- Others
- Rest of Latin America Composites Market, by Manufacturing Process
- Layup Process
- Filament Winding Process
- Injection Molding Process
- Pultrusion Process
- Compression Molding Process
- Resin Transfer Molding Process
- Others
- Rest of Latin America Composites Market, by End-Use
- Automotive & Transportation
- Electrical & Electronics
- Wind Energy
- Construction & Infrastructure
- Pipes & Tanks
- Marine
- Others
- Rest of Latin America Composites Market, by Resin Type
- Thermoplastic
- Thermosetting
- Rest of Latin America Composites Market, by Product
-
Latin America Composites Market, by Product
- Middle East & Africa
-
Middle East & Africa Composites Market, by Product
- Carbon Fiber
- Glass Fiber
- Others
-
Middle East & Africa Composites Market, by Manufacturing Process
- Layup Process
- Filament Winding Process
- Injection Molding Process
- Pultrusion Process
- Compression Molding Process
- Resin Transfer Molding Process
- Others
-
Middle East & Africa Composites Market, by End-Use
- Automotive & Transportation
- Electrical & Electronics
- Wind Energy
- Construction & Infrastructure
- Pipes & Tanks
- Marine
- Others
-
Middle East & Africa Composites Market, by Resin Type
- Thermoplastic
- Thermosetting
- GCC Countries
- GCC Countries Composites Market, by Product
- Carbon Fiber
- Glass Fiber
- Others
- GCC Countries Composites Market, by Manufacturing Process
- Layup Process
- Filament Winding Process
- Injection Molding Process
- Pultrusion Process
- Compression Molding Process
- Resin Transfer Molding Process
- Others
- GCC Countries Composites Market, by End-Use
- Automotive & Transportation
- Electrical & Electronics
- Wind Energy
- Construction & Infrastructure
- Pipes & Tanks
- Marine
- Others
- GCC Countries Composites Market, by Resin Type
- Thermoplastic
- Thermosetting
- GCC Countries Composites Market, by Product
- South Africa
- South Africa Composites Market, by Product
- Carbon Fiber
- Glass Fiber
- Others
- South Africa Composites Market, by Manufacturing Process
- Layup Process
- Filament Winding Process
- Injection Molding Process
- Pultrusion Process
- Compression Molding Process
- Resin Transfer Molding Process
- Others
- South Africa Composites Market, by End-Use
- Automotive & Transportation
- Electrical & Electronics
- Wind Energy
- Construction & Infrastructure
- Pipes & Tanks
- Marine
- Others
- South Africa Composites Market, by Resin Type
- Thermoplastic
- Thermosetting
- South Africa Composites Market, by Product
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Composites Market, by Product
- Carbon Fiber
- Glass Fiber
- Others
- Rest of Middle East & Africa Composites Market, by Manufacturing Process
- Layup Process
- Filament Winding Process
- Injection Molding Process
- Pultrusion Process
- Compression Molding Process
- Resin Transfer Molding Process
- Others
- Rest of Middle East & Africa Composites Market, by End-Use
- Automotive & Transportation
- Electrical & Electronics
- Wind Energy
- Construction & Infrastructure
- Pipes & Tanks
- Marine
- Others
- Rest of Middle East & Africa Composites Market, by Resin Type
- Thermoplastic
- Thermosetting
- Rest of Middle East & Africa Composites Market, by Product
-
Middle East & Africa Composites Market, by Product
- North America
FAQ
Frequently Asked Question
What is the global demand for Composites in terms of revenue?
-
The global Composites valued at USD 120.9 Billion in 2023 and is expected to reach USD 258.1 Billion in 2032 growing at a CAGR of 8.8%.
Which are the prominent players in the market?
-
The prominent players in the market are Huntsman Corporation, SGL Carbon SE, Teijin Limited, PPG Industries Inc., Toray Industries Inc., Owens Corning, Hexcel Corporation, DuPont de Nemours Inc., Momentive Performance Materials, Jushi Group Co. Ltd..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 8.8% between 2024 and 2032.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Composites include
- Increasing Construction and Infrastructure Spending
Which region accounted for the largest share in the market?
-
Europe was the leading regional segment of the Composites in 2023.