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United States Composites Market to hit $204.50 million by 2031 - Exclusive Report by DatamIntelligence

10-27-2025 11:35 AM CET | Chemicals & Materials

Press release from: DataM intelligence 4 Market Research LLP

Composites Market

Composites Market

"The Global Composites Market size was worth US$ 108.64 billion in 2023 and is estimated to reach US$ 204.50 million by 2031, growing at a CAGR of 8.23% during the forecast period (2024-2031)." As per DataM intelligence research report

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United States: Recent Industry Developments

✅ In October 2025, researchers at the University of Washington USA developed a recyclable "liquid-metal" composite material enabling flexible and reconfigurable electronics, advancing sustainable electronics manufacturing.

✅ In July 2025, the Association for Advancing Automation (A3) noted broader automation and robotics adoption in composite manufacturing across sectors, signaling rising investment in advanced composite processes.

✅ In May 2025, a U.S.-based firm launched a next-generation thermoplastic composite system targeting lightweight vehicle structures, enabling faster cycle times and improved recyclability.

✅ In March 2025, the U.S. Department of Defense awarded funding to a composites startup to develop advanced lightweight thermoplastic composite structures for aerospace and defense applications.

Japan: Recent Industry Developments

✅ In September 2025, Teijin Limited Japan signed a strategic alliance to bring next-generation fire-proof composite materials to market through its automotive technologies division.

✅ In August 2025, Teijin Frontier Japan expanded production of high-tenacity recycled fiber filaments for composite applications in Asia, supporting sustainable material supply chains.

✅ In July 2025, Teijin Group Japan introduced a biomass-derived polycarbonate resin for use in composite pipe structures, highlighting composite manufacturers' shift toward circular economy materials.

✅ In June 2025, Teijin Limited Japan developed a next-generation composite fabric with a fine multiple-crimp structure aimed at soft mobility and aerospace applications, advancing lightweight design innovation.

Composites Market: Drivers

The composites market is witnessing substantial growth as industries increasingly adopt lightweight, durable, and high-performance materials to enhance product efficiency and sustainability. Composites, typically made by combining fibers such as carbon, glass, or aramid with polymer, metal, or ceramic matrices, offer superior strength-to-weight ratios, corrosion resistance, and design flexibility compared to traditional materials. Rising demand from aerospace, automotive, wind energy, and construction sectors is driving market expansion. The push for fuel efficiency, emission reduction, and extended product lifespan in transportation and industrial applications is further fueling adoption. Technological advancements in resin chemistry, fiber production, and automated manufacturing processes are improving cost-effectiveness, scalability, and structural integrity.

Integration of composites in electric vehicles, renewable energy structures, and infrastructure projects is enabling lighter, stronger, and more energy-efficient designs. Manufacturers are investing in R&D to develop recyclable, bio-based, and hybrid composites to align with sustainability goals and circular economy principles. Increasing collaboration between material producers, OEMs, and research institutions is fostering innovation and commercialization of next-generation composite technologies. The growing use of advanced composites in aerospace components, wind turbine blades, sporting goods, and marine applications is broadening market opportunities. With rising environmental awareness, continuous material innovation, and expanding industrial applications, the composites market is poised for significant and sustained growth in the coming years.

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Composites Market: Major Players

Owens Corning, Toray Industries Inc., Solvay SA, Teijin Limited, SGL Carbon SE, Hexcel Corporation, Nippon Electric Glass Co. Ltd., Huntsman International LLC, Hexion and Gurit Holding AG.

Segment Covered in the Composites Market:

By Fiber
Composites are categorized by fiber type into Glass Fiber, Carbon Fiber, Natural Fiber, and Others. Glass fiber dominates due to its cost-effectiveness and versatility, while carbon fiber is preferred for high-performance applications requiring strength and lightweight properties.

By Resin
Based on resin type, the market is divided into Thermoset and Thermoplastic composites. Thermoset resins lead owing to superior heat resistance and structural integrity, whereas thermoplastics are gaining traction for recyclability and rapid processing benefits.

By End User
Key end users include Aerospace & Defense, Automotive & Transportation, Construction & Infrastructure, Pipes & Tanks, Electrical & Electronics, and Others. Aerospace and automotive sectors drive major demand, supported by growing use of lightweight materials to improve efficiency and sustainability.

Research Process:

Both primary and secondary data sources have been used in the Composites Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Most Frequently Asked Questions in the Composites Market Research Industry:

➠ Who leads the Composites industry and what's their competitive positioning regarding capacity, performance, and profitability?
➠ What growth opportunities and market challenges do Composites market vendors face?
➠ Which segments show the highest growth potential and market share distribution?
➠ What factors are driving or limiting Composites market growth?
➠ What are the dominant sales and distribution strategies in the Composites industry?

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Regional Analysis:

⇥ 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)

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✅ Competitive Landscape
✅ Technology Roadmap Analysis
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Consumer Behavior & Demand Analysis
✅ Import-Export Data Monitoring
✅ Live Market & Pricing Trends

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Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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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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