Top Automotive Composite Material Manufacturers and Emerging Technologies 2025 | Top Companies are Hexcel Corporation, Owen Cornings, Solvay SA.

Automotive Composite Materials Market reached US$ 31.37 billion in 2023 and is expected to reach US$ 71.01 billion by 2031, growing with a CAGR of 10.75% during the forecast period 2024-2031.

The Automotive Composite Materials Market takes center stage in DataM Intelligence's latest comprehensive research, where industry experts deliver cutting-edge analysis powered by robust data analytics and strategic market intelligence. This groundbreaking study dives deep into the competitive ecosystem, spotlighting market leaders and their innovative approaches to product development, competitive pricing models, financial performance, and expansion strategies. The research unveils critical market forces, competitive positioning, and breakthrough trends that will define the industry's trajectory in the coming years, providing stakeholders with actionable intelligence to navigate this rapidly evolving marketplace.

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The automotive composite materials market focuses on advanced materials like carbon fiber, glass fiber, and natural fiber composites used in vehicle manufacturing. These materials offer enhanced strength, reduced weight, and improved fuel efficiency compared to traditional metals. They play a critical role in meeting stringent environmental regulations and boosting vehicle performance. Applications span across exterior panels, interiors, chassis, and powertrains in both electric and traditional vehicles. As automakers prioritize sustainability and energy efficiency, composite materials are becoming essential in modern vehicle design.

Latest Trends:

Surge in demand for lightweight electric vehicles (EVs) using carbon fiber composites.

Growing adoption of hybrid composites for enhanced impact resistance and crash safety.

Use of natural fiber composites in interiors for sustainable and recyclable solutions.

Advancements in thermoplastic composites for faster production cycles.

Increasing use of AI and simulation tools in optimizing composite part design.

Automotive Composite Materials Market: Industry Giants and Emerging Leaders:

Toray Industries Inc., SGL Carbon, Teijin Limited, Mitsubishi Chemical Holding Corporation, Hexcel Corporation, Owen Cornings, Solvay SA, Gurit, UFP Technologies Ltd., Huntsman Corporation, and Hexion

Automotive Composite Materials Industry News:

In April 2025, a major German automaker announced a partnership with a global composite supplier to integrate recycled carbon fiber components into its next-gen EVs. Simultaneously, several Asian OEMs have begun using bio-based composites in commercial vehicles to meet green mandates. The expansion of composite production facilities in North America is also underway, reflecting strong regional demand and localization of supply chains.

Research Methodology

Our comprehensive research approach leverages a dual-methodology framework that seamlessly integrates qualitative insights with quantitative data analysis to deliver robust market intelligence. The process begins with extensive secondary research, where we meticulously collect information from authoritative industry publications, proprietary databases, and verified market sources. This foundation is strengthened through targeted primary research initiatives, including strategic surveys and in-depth interviews with industry veterans, market experts, and key stakeholders.

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Segment Covered in the Automotive Composite Materials Market:

By Fiber Type: Glass Fiber, Carbon Fiber, Others.

By Resin Type: Thermoset, Thermoplastic

By Manufacturing Process: Compression Molding, Injection Molding, Resin Transfer Molding (RTM), Others

By Application: Exterior, Interior, Powertrain & Chassis, Battery Enclosures

By Vehicle Type: Non-electric, Electric

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Top-down and bottom-up approach for regional analysis

Regional Analysis for Automotive Composite Materials Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Automotive Composite Materials market?

➠ Who are the global key manufacturers of the Automotive Composite Materials Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Automotive Composite Materials market opportunities and threats faced by the vendors in the global Automotive Composite Materials Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Automotive Composite Materials market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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