Global Closed Molding Composites Market to Reach $120.4 Billion by 2035, Driven by Asia Pacific

The global closed molding composites market is experiencing robust growth, with its estimated value of USD 61.2 billion in the year 2025 and USD 120.4 billion by the period 2035, registering a CAGR of 7.0%. Asia Pacific leads the market with market share of 67% with USD 41.1 billion revenue.

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Regional Analysis of Global Closed Molding Composites Market

The Asia-Pacific region has been leading the closed molding composites market, both in growth and in total market share. The rapid pace of the industrialization of countries such as China, India, and Japan has led to a massive amount of infrastructure development and massive investments in the automotive, wind energy, marine, and construction sectors, giving the region dominance in the closed molding composites market. While the Asia-Pacific region has not only been the largest consumer of closed molding composites, it has also been a driving force for global change and innovations in the closed molding composites market.

Moreover, with the U.S. leading the way, North America is the advancing region in the global closed molding composites market, with these materials used widely in automotive, aerospace, construction, and wind energy. The growth in this region is likely to be further supported as the emphasis on fuel efficiency and sustainability in a push towards lightweight composite parts develops. Europe is also a market to watch, as a result of increased environmental regulations driving the need for more sustainable materials in vehicles and green buildings.
Furthermore, as infrastructure, regulatory schemes and multinational partnerships develop, limited growth opportunities in Latin America, the Middle East and Africa can be anticipated too.

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Key players operating in the closed molding composites market include:

AOC Resins, Arkema, Ashland Global, BASF SE, DSM Engineering Materials, Gurit Holding AG, Hexcel Corporation, Huntsman Corporation, Johns Manville, Mitsubishi Chemical Group, Owens Corning, Polynt-Reichhold Group, SABIC, Scott Bader Company, SGL Carbon, Solvay SA, Teijin Limited, Toray Industries, UPM Biocomposites, and other key players, along with several other key players contributing to market growth through innovation, strategic partnerships, and global expansion.

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Key Trend: Increasing Automation, Precision, and Sustainability Focus Drive Growth of Closed Molding Composites across Transportation and Renewable Energy

Closed molding composite processes such as resin transfer molding and vacuum infusion are being adopted at an accelerating pace by segments including automotive OEMs, aerospace suppliers and wind turbine manufacturers as they produce complex, lightweight parts with minimal material waste.
Moreover, there is increased demand for higher quality, more consistent components manufactured at a larger scale. These manufacturers are looking to optimize their use of automation technologies, digital twins and process monitoring to achieve greater productivity and precision; manufacturers are eager to minimize the amount of cycle time and energy spent.
Further, environmental aspects are also important to consider, as closed molding techniques complement more stringent regulation by governments and corporate environmental and sustainability goals, and are becoming a viable alternative to traditional formed lamination technologies in advanced manufacturing. This trend is reflective of the broader directional shift in the market to accommodate more highly efficient, higher performing and environmentally friendly manufacturing practices.

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Recent Development and Strategic Overview:

In June 2025, Mitsubishi Chemical Corporation announced a new series of closed molding composite resins with a sustainable formulation which achieves a 25% reduction in volatile organic compound (VOC) emissions. These resins are designed and manufactured at Mitsubishi Chemical's new facility in Japan, offering faster curing time and fiber wet-out for higher quality, more robust components for the automotive and wind energy industries.

In June 2025, SGL Carbon SE announced a new generation of closed molding carbon fiber composite for lightweight industrial applications with better environmental credentials. The product is manufactured at their facility in Germany using energy-efficient manufacturing practices whilst leveraging 40% renewable power to attain improved mechanical performance and reduce production waste by almost a third.

In June 2025, Teijin Limited launched a new closed molding prepreg product that incorporates bio-based resin matrices in June 2025 and is designed to help the manufacturing process have a 30% lower carbon footprint compared to conventional materials. Manufactured at their new advanced facility in Japan, this new composite prepreg is designed to have great processability, reliable fiber impregnation, and better cycle times, which are important for the production of high-performance automotive and aerospace parts.

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This release was published on openPR.