Press release
Fiber-reinforced Composites Market to Hit USD 165.5 billion by 2031
The global fiber-reinforced composites market (섬유 강화 복합재 시장) is estimated to flourish at a CAGR of 7.4% from 2023 to 2031. According to Transparency Market Research, sales of fiber-reinforced composites are slated to total US$ 165.5 billion by the end of the period above of assessment.Environmental regulations and sustainability imperatives are significant catalysts, pushing industries towards eco-friendly solutions. Fiber-reinforced composites offer reduced carbon footprints, enhanced durability, and recyclability, aligning with stringent environmental standards and fostering market expansion.
Advancements in nanotechnology contribute significantly to composite development. Integration of nanomaterials enhances composite properties, enabling superior strength, conductivity, and thermal resistance, opening doors to newer applications in diverse sectors. The rise of additive manufacturing techniques revolutionizes hybrid production, allowing for intricate designs and cost-effective manufacturing processes.
Download Sample of the Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1914&utm_source=openpr_Kaustubh&utm_medium=openpr_Kaustubh
Geopolitical factors play a role in market dynamics, affecting the availability and pricing of raw materials and influencing the composites industry. As global trade patterns evolve, shifts in supply chains influence market behavior and opportunities. Understanding these intricate drivers alongside conventional factors is crucial in comprehending the multifaceted growth trajectory of the fiber-reinforced composites market.
Fiber-reinforced Composites Market: Competitive Landscape
The competitive landscape of the fiber-reinforced composites market (Markt für faserverstärkte Verbundwerkstoffe) is marked by a blend of established players and emerging contenders striving for a significant market share.
Industry giants like Toray Industries, Owens Corning, Hexcel Corporation, and Teijin Limited lead the market, leveraging extensive R&D, strategic partnerships, and product diversification to maintain dominance. The market witnesses the entry of innovative startups and niche players offering specialized solutions, intensifying competition.
Continuous efforts toward technological advancements, sustainability, and cost-effective manufacturing processes remain pivotal in this landscape, driving companies to differentiate their offerings, expand global footprints, and solidify their positions amidst evolving consumer demands and market dynamics. Some prominent manufacturers are as follows:
Schulman Inc.
BASF SE
Koninklijke DSM N.V
E. I. du Pont de Nemours and Company
PolyOne Corporation
SABIC Group
Hexcel Corporation
Huntsman Corporation
Reliance Industries Limited
Owens Corning
Key Findings of the Market Report
Long fiber/continuous reinforced composites lead the fiber-reinforced composites market, offering superior strength, durability, and enhanced mechanical properties.
Carbon fibers lead the fiber-reinforced composites market due to their exceptional strength, stiffness, and widespread usage in various industries.
Polymer matrix leads the fiber-reinforced composites market, owing to its versatility, adaptability, and widespread use across diverse industries.
Fiber-reinforced Composites Market Growth Drivers & Trends
Geopolitical shifts influence the availability and pricing of raw materials, influencing the fiber-reinforced composites market landscape and opportunities.
Alterations in global trade agreements and tariffs affect material sourcing, manufacturing costs, and market competitiveness for composite products.
Economic fluctuations in key regions can influence consumer-spending patterns, influencing the demand and market growth for fiber-reinforced composites.
Political uncertainties and geopolitical tensions can disrupt supply chains, affecting the production and distribution of composite materials across borders.
Availability and accessibility of raw materials in different geopolitical regions influence production costs and market competitiveness for fiber-reinforced composites.
Click Here to View the Comprehensive Report in Full Detail - https://www.transparencymarketresearch.com/fiber-reinforced-composites.html
Global Fiber-reinforced Composites Market: Regional Profile
Robust aerospace and automotive industries drive North America's fiber-reinforced composites market. Technological advancements and stringent regulations emphasizing lightweight, high-performance materials contribute to the region's market dominance. The United States leads research, innovation, and adoption, fostering market growth.
Europe's emphasis on sustainability and eco-friendly solutions propels the fiber-reinforced composites market. Strong automotive and aerospace sectors drive demand, while the region's focus on reducing carbon footprint amplifies the use of these materials in various applications. Investments in R&D for advanced manufacturing techniques bolster market expansion.
Due to expanding industrialization and infrastructure development, Asia Pacific emerged as a key player in the fiber-reinforced composites market. China and Japan are at the forefront, leveraging composites in the automotive, construction, and electronics industries. Growing urbanization and the region's economic growth stimulate market demand, while continuous technological advancements and investments in innovation fortify Asia Pacific's position in the global market.
Product Portfolio
Reliance Industries Limited boasts a diverse product portfolio spanning petrochemicals, refining, oil, gas exploration, retail, and telecommunications.
Their offerings include a range of polymers, fibers, and specialty products, demonstrating innovation, sustainability, and global market leadership.
Owens Corning excels in innovative solutions for building and construction markets, providing a comprehensive portfolio of insulation, roofing, and fiberglass composites. Their products emphasize durability, energy efficiency, and environmental sustainability, catering to diverse customer needs globally.
Toray Industries Inc. leads with an extensive portfolio encompassing advanced materials, textiles, fibers, and high-performance composites. Their products cater to various industries, including automotive, aerospace, electronics, and environmental solutions, leveraging cutting-edge technologies and a commitment to excellence.
Fiber-reinforced Composites Market: Key Segments
By Product
Short Fiber-reinforced Composites
Long Fiber/Continuous Reinforced Composites
By Type
Glass
Carbon
Aramid
Others
By Matrix
Polymer Matrix
Metal Matrix
Non-metal Matrix
By End Use Industry
Automotive
Building & Construction
Aerospace
Electrical & Electronics
Marine
Sports & Leisure
Others
By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Buy this Premium Research Report: https://www.transparencymarketresearch.com/checkout.php?rep_id=1914
Browse more Related Reports by TMR:
Polymer Foam Market (ポリマーフォームマーク) - https://www.transparencymarketresearch.com/polymer-foam-market.html
Pigments Market (顔料市場) - https://www.transparencymarketresearch.com/pigments-market.html
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact:
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Fiber-reinforced Composites Market to Hit USD 165.5 billion by 2031 here
News-ID: 3573048 • Views: …
More Releases from transparencymarketresearch

Boranophosphates Market to Reach USD 68.1 Mn by 2035: Key Growth Insights
The global boranophosphates market was valued at USD 27.8 Mn in 2024 and is projected to reach USD 68.1 Mn by 2035, growing at a CAGR of 8.5% from 2025 to 2035. This growth is driven by increasing applications in pharmaceuticals, biotechnology, and molecular biology, where boranophosphates are used for their stability and efficiency in therapeutic and diagnostic research.
The boranophosphates market is anticipated to grow at a CAGR of 8.5%…

Copper Pipes & Tubes Market to Reach USD 44 Bn by 2031: Growth at 3.1% CAGR
The global copper pipes & tubes market, valued at USD 32.1 Bn in 2021, is projected to reach USD 44 Bn by 2031, growing at a CAGR of 3.1% from 2022 to 2031. This growth is driven by rising demand across HVAC, plumbing, and industrial applications due to copper's durability, corrosion resistance, and high thermal conductivity. Increasing urbanization, infrastructure development, and advancements in manufacturing technologies are further fueling market expansion.
The…

Oleogels Market to Reach USD 1.6 Billion by 2035, Growing at 6.2% CAGR
The global oleogels market was valued at USD 849.6 million in 2024 and is projected to reach USD 1.6 billion by 2035, growing at a CAGR of 6.2% from 2025 to 2035. This growth is driven by the increasing demand for healthier fat alternatives in food products, expanding applications in pharmaceuticals and cosmetics, and rising consumer preference for plant-based and sustainable ingredients.
The oleogels market is anticipated to grow at a…

Hyaluronic Acid Beauty Products Market to Reach US$ 4.0 Bn by 2031, Growing at 7 …
The global hyaluronic acid beauty products market was valued at US$ 2.1 Bn in 2022 and is projected to reach US$ 4.0 Bn by 2031, growing at a CAGR of 7.4% from 2023 to 2031. This growth is driven by rising demand for advanced skincare solutions, increasing consumer focus on anti-aging and hydration benefits, and the expanding popularity of premium beauty products worldwide.
Hyaluronic acid products are used to boost hydration…
More Releases for Composites
Polymer Matrix Composites(PMC) Market Size, Share and Forecast By Key Players-He …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global Polymer Matrix Composites(PMC) market is anticipated to grow at a compound annual growth rate (CAGR) of 9.59% between 2024 and 2031. The market is expected to grow to USD 5.85 Billion by 2024. The valuation is expected to reach USD 11.1 Billion by 2031.
The Polymer Matrix Composites (PMC) market is experiencing significant growth, driven by increasing demand from industries such as…
Global Composites Core Materials Market Analysis 2020 3A Composites, BASF SE, Co …
The Composites Core Materials market study exhibits a comprehensive analysis of the historic, current, and future trends across the globe. The report comprises of definitions, classifications, product specifications, and market overview, manufacturing processes, cost structures, and raw material analysis. The Composites Core Materials market report provides the end-to-end analysis of this business vertical, and the detailed information about the industry, such as the market size, revenue, volume, market share, growth…
Worldwide Rail Composites Market 2023 Key Players – Able Manufacturing & Assem …
MarketStudyReport.com offers 2018 report on global Rail Composites market that evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2018-2023.
This report focuses on the Rail Composites market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type…
Composites Testing Market – Overview On Upcoming Need 2025 | Matrix Composites …
Global Composites Testing Market: Snapshot
Composite testing is most commonly defined as the testing or analysis of composite materials. Composite and non-metallic materials, such as concrete, fiber-reinforced polymers, thermoplastic composites, shape memory polymer composites, high strain composites, metal matrix composites, ceramic matrix composites, sandwich-structured composite, and wood plastic composite, are becoming increasingly prevalent in various manufacturing applications. Since these materials are highly complex in structure, the need for their accurate and…
Construction Composites Market Comprehensive Study 2018: Trex Company, Diversifi …
GMI presents a most up-to-date research on “Construction Composites Market – Global Industry Analysis, Size, Share, Product (Fiberglass, Composite Wood, Metal Composites), Growth Potential, Trends Statistics, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, Saudi Arabia, UAE) and Forecast 2017 – 2024”.
Request for a sample copy of this report @
www.gminsights.com/request-sample/detail/2585
Construction Composites Market size is forecast to exceed USD…
Construction Composites Market 2018 Global players Trex Company, Diversified Str …
Growing construction activities in the emerging countries due to massive government investments to improve public infrastructure will boost the construction composites market size by 2025. For instance, in India USD 2.4 billion project is currently in progress to build the Navi Mumbai International Airport that started in March 2015 and is expected to be completed till 2019. Similarly, UAE has been making considerable investment in constructing ports which was valued…