Composites Market Size, Share, and Trends 2024 to 2034

The global composites market size was accounted for USD 118.49 billion in 2024, grew to USD 125.60 billion in 2025 and is predicted to surpass around USD 213.32 billion by 2034, representing a healthy CAGR of 6.05% between 2025 and 2034.

  • Last Updated : December 2024
  • Report Code : 1018
  • Category : Chemical and Material

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Composites Market, By Product

7.1. Composites Market, by Product Type, 2025-2034

7.1.1. Glass Fiber

7.1.1.1. Market Revenue and Forecast (2022-2034)

7.1.2. Carbon Fiber

7.1.2.1. Market Revenue and Forecast (2022-2034)

7.1.3. Others

7.1.3.1. Market Revenue and Forecast (2022-2034)

Chapter 8. Global Composites Market, By Resin

8.1. Composites Market, by Resin, 2025-2034

8.1.1. Thermoplastic

8.1.1.1. Market Revenue and Forecast (2022-2034)

8.1.2. Thermosetting

8.1.2.1. Market Revenue and Forecast (2022-2034)

8.1.3. Others

8.1.3.1. Market Revenue and Forecast (2022-2034)

Chapter 9. Global Composites Market, By Manufacturing Process

9.1. Composites Market, by Manufacturing Process , 2025-2034

9.1.1. Injection Molding Process

9.1.1.1. Market Revenue and Forecast (2022-2034)

9.1.2. Resin Transfer Molding Process

9.1.2.1. Market Revenue and Forecast (2022-2034)

9.1.3. Pultrusion Process

9.1.3.1. Market Revenue and Forecast (2022-2034)

9.1.4. Layup Process

9.1.4.1. Market Revenue and Forecast (2022-2034)

9.1.5. Filament Winding Process

9.1.5.1. Market Revenue and Forecast (2022-2034)

9.1.6. Compression Molding Process

9.1.6.1. Market Revenue and Forecast (2022-2034)

9.1.7. Others

9.1.7.1. Market Revenue and Forecast (2022-2034)

Chapter 10. Global Composites Market, By End use

10.1. Composites Market, by End use, 2025-2034

10.1.1. Electrical & Electronics

10.1.1.1. Market Revenue and Forecast (2022-2034)

10.1.2. Automotive & Transportation

10.1.2.1. Market Revenue and Forecast (2022-2034)

10.1.3. Wind Energy

10.1.3.1. Market Revenue and Forecast (2022-2034)

10.1.4. Aerospace & Defense

10.1.4.1. Market Revenue and Forecast (2022-2034)

10.1.5. Pipes & Tanks

10.1.5.1. Market Revenue and Forecast (2022-2034)

10.1.6. Construction & Infrastructure

10.1.6.1. Market Revenue and Forecast (2022-2034)

10.1.7. Marine

10.1.7.1. Market Revenue and Forecast (2022-2034)

10.1.8. Others

10.1.8.1. Market Revenue and Forecast (2022-2034)

Chapter 11. Global Composites Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Product (2022-2034)

11.1.2. Market Revenue and Forecast, by Resin (2022-2034)

11.1.3. Market Revenue and Forecast, by Manufacturing Process (2022-2034)

11.1.4. Market Revenue and Forecast, by End use (2022-2034)

11.1.5. U.S.

11.1.5.1. Market Revenue and Forecast, by Product (2022-2034)

11.1.5.2. Market Revenue and Forecast, by Resin (2022-2034)

11.1.5.3. Market Revenue and Forecast, by Manufacturing Process (2022-2034)

11.1.5.4. Market Revenue and Forecast, by End use (2022-2034)

11.1.6. Rest of North America

11.1.6.1. Market Revenue and Forecast, by Product (2022-2034)

11.1.6.2. Market Revenue and Forecast, by Resin (2022-2034)

11.1.6.3. Market Revenue and Forecast, by Manufacturing Process (2022-2034)

11.1.6.4. Market Revenue and Forecast, by End use (2022-2034)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Product (2022-2034)

11.2.2. Market Revenue and Forecast, by Resin (2022-2034)

11.2.3. Market Revenue and Forecast, by Manufacturing Process (2022-2034)

11.2.4. Market Revenue and Forecast, by End use (2022-2034)

11.2.5. UK

11.2.5.1. Market Revenue and Forecast, by Product (2022-2034)

11.2.5.2. Market Revenue and Forecast, by Resin (2022-2034)

11.2.5.3. Market Revenue and Forecast, by Manufacturing Process (2022-2034)

11.2.5.4. Market Revenue and Forecast, by End use (2022-2034)

11.2.6. Germany

11.2.6.1. Market Revenue and Forecast, by Product (2022-2034)

11.2.6.2. Market Revenue and Forecast, by Resin (2022-2034)

11.2.6.3. Market Revenue and Forecast, by Manufacturing Process (2022-2034)

11.2.6.4. Market Revenue and Forecast, by End use (2022-2034)

11.2.7. France

11.2.7.1. Market Revenue and Forecast, by Product (2022-2034)

11.2.7.2. Market Revenue and Forecast, by Resin (2022-2034)

11.2.7.3. Market Revenue and Forecast, by Manufacturing Process (2022-2034)

11.2.7.4. Market Revenue and Forecast, by End use (2022-2034)

11.2.8. Rest of Europe

11.2.8.1. Market Revenue and Forecast, by Product (2022-2034)

11.2.8.2. Market Revenue and Forecast, by Resin (2022-2034)

11.2.8.3. Market Revenue and Forecast, by Manufacturing Process (2022-2034)

11.2.8.4. Market Revenue and Forecast, by End use (2022-2034)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Product (2022-2034)

11.3.2. Market Revenue and Forecast, by Resin (2022-2034)

11.3.3. Market Revenue and Forecast, by Manufacturing Process (2022-2034)

11.3.4. Market Revenue and Forecast, by End use (2022-2034)

11.3.5. India

11.3.5.1. Market Revenue and Forecast, by Product (2022-2034)

11.3.5.2. Market Revenue and Forecast, by Resin (2022-2034)

11.3.5.3. Market Revenue and Forecast, by Manufacturing Process (2022-2034)

11.3.5.4. Market Revenue and Forecast, by End use (2022-2034)

11.3.6. China

11.3.6.1. Market Revenue and Forecast, by Product (2022-2034)

11.3.6.2. Market Revenue and Forecast, by Resin (2022-2034)

11.3.6.3. Market Revenue and Forecast, by Manufacturing Process (2022-2034)

11.3.6.4. Market Revenue and Forecast, by End use (2022-2034)

11.3.7. Japan

11.3.7.1. Market Revenue and Forecast, by Product (2022-2034)

11.3.7.2. Market Revenue and Forecast, by Resin (2022-2034)

11.3.7.3. Market Revenue and Forecast, by Manufacturing Process (2022-2034)

11.3.7.4. Market Revenue and Forecast, by End use (2022-2034)

11.3.8. Rest of APAC

11.3.8.1. Market Revenue and Forecast, by Product (2022-2034)

11.3.8.2. Market Revenue and Forecast, by Resin (2022-2034)

11.3.8.3. Market Revenue and Forecast, by Manufacturing Process (2022-2034)

11.3.8.4. Market Revenue and Forecast, by End use (2022-2034)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Product (2022-2034)

11.4.2. Market Revenue and Forecast, by Resin (2022-2034)

11.4.3. Market Revenue and Forecast, by Manufacturing Process (2022-2034)

11.4.4. Market Revenue and Forecast, by End use (2022-2034)

11.4.5. GCC

11.4.5.1. Market Revenue and Forecast, by Product (2022-2034)

11.4.5.2. Market Revenue and Forecast, by Resin (2022-2034)

11.4.5.3. Market Revenue and Forecast, by Manufacturing Process (2022-2034)

11.4.5.4. Market Revenue and Forecast, by End use (2022-2034)

11.4.6. North Africa

11.4.6.1. Market Revenue and Forecast, by Product (2022-2034)

11.4.6.2. Market Revenue and Forecast, by Resin (2022-2034)

11.4.6.3. Market Revenue and Forecast, by Manufacturing Process (2022-2034)

11.4.6.4. Market Revenue and Forecast, by End use (2022-2034)

11.4.7. South Africa

11.4.7.1. Market Revenue and Forecast, by Product (2022-2034)

11.4.7.2. Market Revenue and Forecast, by Resin (2022-2034)

11.4.7.3. Market Revenue and Forecast, by Manufacturing Process (2022-2034)

11.4.7.4. Market Revenue and Forecast, by End use (2022-2034)

11.4.8. Rest of MEA

11.4.8.1. Market Revenue and Forecast, by Product (2022-2034)

11.4.8.2. Market Revenue and Forecast, by Resin (2022-2034)

11.4.8.3. Market Revenue and Forecast, by Manufacturing Process (2022-2034)

11.4.8.4. Market Revenue and Forecast, by End use (2022-2034)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Product (2022-2034)

11.5.2. Market Revenue and Forecast, by Resin (2022-2034)

11.5.3. Market Revenue and Forecast, by Manufacturing Process (2022-2034)

11.5.4. Market Revenue and Forecast, by End use (2022-2034)

11.5.5. Brazil

11.5.5.1. Market Revenue and Forecast, by Product (2022-2034)

11.5.5.2. Market Revenue and Forecast, by Resin (2022-2034)

11.5.5.3. Market Revenue and Forecast, by Manufacturing Process (2022-2034)

11.5.5.4. Market Revenue and Forecast, by End use (2022-2034)

11.5.6. Rest of LATAM

11.5.6.1. Market Revenue and Forecast, by Product (2022-2034)

11.5.6.2. Market Revenue and Forecast, by Resin (2022-2034)

11.5.6.3. Market Revenue and Forecast, by Manufacturing Process (2022-2034)

11.5.6.4. Market Revenue and Forecast, by End use (2022-2034)

Chapter 12. Company Profiles

12.1. Huntsman Corporation LLC

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. SGL Group

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Teijin Ltd

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. PPG Industries, Inc.

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Toray Industries, Inc.

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Owens Corning

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Hexcel Corporation

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. DuPont

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Momentive Performance Materials, Inc.

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Jushi Group Co., Ltd.

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

12.11. Compagnie de Saint-Gobain S.A

12.11.1. Company Overview

12.11.2. Product Offerings

12.11.3. Financial Performance

12.11.4. Recent Initiatives

12.12. Weyerhaeuser Company

12.12.1. Company Overview

12.12.2. Product Offerings

12.12.3. Financial Performance

12.12.4. Recent Initiatives

12.13. Cytec Industries

12.13.1. Company Overview

12.13.2. Product Offerings

12.13.3. Financial Performance

12.13.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

For questions or customization requests, please reach out to us at sales@precedenceresearch.com

Frequently Asked Questions

As per Precedence Research, the global composites market size was reached at USD 118.49 billion in 2024 and is anticipated to surpass around USD 213.32 billion by 2034.

Some of the main influencing factors of composites market include proliferating requirement for lightweight materials in the defense, automotive and aerospace sector, rising demand for chemical and corrosion resistance materials in pipe & tank and construction field.

The global composites market is growing at a CAGR of 6.05% from 2025 to 2034.

In 2024, glass fiber appeared as prominent segment and amounted for around 61% revenue share of the total market.

In 2024, among various resins type segment of global composites market, thermosetting resin segment lead the market with over 70% revenue share.

Asia Pacific dominated the global composite market in 2024.

The top key companies contributing in composite market are Huntsman Corporation LLC, SGL Group, Teijin Ltd, PPG Industries, Inc., Toray Industries, Inc., Owens Corning, Hexcel Corporation, DuPont, Momentive Performance Materials, Inc., Jushi Group Co., Ltd., Compagnie de Saint-Gobain S.A, Weyerhaeuser Company, Cytec Industries, and Others.

Ask For Sample

No cookie-cutter, only authentic analysis – take the 1st step to become a Precedence Research client