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Automotive Composite Materials Market | Lightweighting for Performance & Efficiency | Top Most Keyplayers - Toray Industries Inc., SGL Carbon, Teijin Limited, Mitsubishi Chemical Holding Corporation

07-16-2025 09:10 AM CET | Logistics & Transport

Press release from: DataM Intelligence 4 Market Research LLP

Automotive Composite Materials Market

Automotive Composite Materials Market

Global 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 receives exhaustive analysis from DataM Intelligence, delivering stakeholders essential market data, emerging industry patterns, and strategic business intelligence. This in-depth research explores the competitive landscape in detail, evaluating market leaders across multiple dimensions including their innovative product offerings, competitive pricing strategies, financial performance metrics, strategic growth plans, and regional market penetration efforts.

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Automotive composite materials are advanced, lightweight blends-such as carbon fiber, fiberglass, and reinforced plastics-used to improve vehicle strength, reduce weight, and enhance fuel efficiency. These materials offer high durability, corrosion resistance, and design flexibility, making them ideal for body panels, chassis components, and interior parts. With growing emphasis on sustainability and performance, composites are playing a vital role in next-generation electric and high-performance vehicles.

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Market Players in the Automotive Composite Materials market

The prominent players in Automotive Composite Materials market research report are: 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

The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.

Automotive Composite Materials Market Key Development

➤ Toray Unveils Fast CFRP Molding Process: In February 2023, Toray Industries Inc. introduced a rapid integration molding method for carbon fiber reinforced plastic (CFRP) mobility components, enabling faster and more efficient production.

➤ Teijin Expands Composite Manufacturing in China: In February 2022, Teijin Automotive Technologies began construction on two facilities and a factory in China to meet the growing demand for composites in the electric vehicle sector.

➤ Teijin and Fuji Design Partner on Recycled CFRP: Also in February 2022, Teijin Limited partnered with Fuji Design Co. Ltd. to manufacture and market CFRP products made from recycled carbon fiber.

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Automotive Composite Materials Market Segments

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

The Automotive Composite Materials industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.

Research Methodology

Our analytical framework employs cutting-edge statistical modeling and data mining techniques to identify emerging patterns, forecast market trajectories, and decode complex industry dynamics. We enhance our findings through sophisticated market segmentation analysis and Porter's Five Forces evaluation, providing a 360-degree view of the competitive landscape. This multi-layered methodology ensures our delivered insights are not only data-driven and credible but also strategically relevant and immediately actionable for critical business decisions.

Regions Covered:

The global Automotive Composite Materials Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

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.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

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Power your decisions with real-time competitor tracking, strategic forecasts, and global investment insights-all in one place.

✅ Competitive Landscape
✅ Sustainability Impact Analysis
✅ Technology Road Map Analysis
✅ KOL / Stakeholder Insights
✅ Unmet Needs & Positioning, Pricing & Market Access Snapshots
✅ Market Volatility & Emerging Risks Analysis
✅ Quarterly Industry Report Updated
✅ Live Market & Pricing Trends
✅ Import-Export Data Monitoring
✅ Consumer Behavior & Demand Analysis

Have a look at our Subscription Dashboard: https://www.youtube.com/watch?v=x5oEiqEqTWg

Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

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