United States Advanced Composites Market is expected to reach US$ 9.56 billion by 2032 | Major Companies - Covestro AG, DuPont, BASF SE.

Market Size and Growth:

The Global Advanced Composites Market Size reached US$ 35.3 billion in 2022 and is expected to reach US$ 78.8 billion by 2031, growing with a CAGR of 10.6% during the forecast period 2024-2031. The Market is growing due to increasing demand for lightweight, high-strength materials across aerospace, automotive, and construction industries, coupled with technological advancements in composite manufacturing. According to DataM Intelligence

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The Advanced Composites Market refers to the global industry involved in the production, development, and application of high-performance composite materials, such as carbon fiber, glass fiber, and aramid composites. These materials offer superior strength-to-weight ratios, durability, and corrosion resistance, and are widely used across aerospace, automotive, construction, wind energy, and defense sectors to enhance performance, efficiency, and sustainability.

Industry Recent Developments: United States

✅ September 2025: Hexcel Corporation announced it would showcase its latest high-performance lightweight composite materials for commercial and military aerospace applications at the Paris Air Show 2025. These materials focus on reducing fuel consumption and emissions in aerospace.​

✅ July 2025: Automotive manufacturers in the US increased investments in advanced composites to develop lightweight vehicle body parts. This investment is driven by regulatory mandates aiming to reduce vehicle emissions across the country.​

✅ May 2025: Hexcel Corporation demonstrated its latest developments for aerospace markets at the Paris Air Show 2025, underlining innovation in advanced lightweight composites technology tailored for aerospace use.

Industry Recent Developments: Japan

✅ September 2025: Automotive suppliers in Japan introduced hybrid thermoplastic composite panels for electric vehicle battery housings. These panels offer higher impact resistance and better thermal stability for next-generation EVs.​

✅ October 2025: Japanese aerospace component manufacturers began integrating next-generation carbon-glass hybrid composites to reduce weight in aircraft interior structures, aiming for improved fuel efficiency and enhanced fatigue performance.​

✅ July 2025: Major Japanese materials producers expanded production lines for hybrid fiber-reinforced plastics (HFRP) to meet growing demand from robotics and industrial machinery sectors, which seek lightweight and vibration-dampening materials.

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Major Key Players:

1. Covestro AG - A German company specializing in high-performance polymers and materials for automotive, construction, and electronics sectors.

2. DuPont - A global science and innovation leader producing polymers, specialty chemicals, and advanced materials across multiple industries.

3. BASF SE - One of the world's largest chemical companies, offering a wide range of chemicals, plastics, and performance products for diverse markets.

4. DSM - A Dutch multinational focused on nutrition, health, and sustainable materials, including high-performance polymers and coatings.

5. SABIC - A Saudi-based chemical giant producing petrochemicals, specialty polymers, and performance materials for global industries.

6. LANXESS - A German specialty chemicals company providing high-quality polymers, intermediates, and additives for automotive and industrial applications.

Market Growth Drivers:

✅ Increasing demand in the aerospace and automotive industries due to the need for lightweight, high-performance materials that enhance fuel efficiency, durability, and emissions reduction.

✅ Expanding applications in construction, renewable energy sectors (such as wind energy), and infrastructure, driven by composites' superior strength, corrosion resistance, and flexibility.

✅ Technological advancements including the integration of nanotechnology, development of smart composites with self-healing capabilities, and automated manufacturing processes which improve efficiency, reduce waste and align with sustainability goals.

Segments Covered in the Advanced Composites Market:

By Type: Carbon Fiber Composites, Aramid Fiber Composites, S-Glass Fiber Composites, Others.

By Resin: Polyamide, Polyurethane, Polypropylene, Polyethylene, Acrylonitrile-butadiene-styrene copolymer (ABS), Polyvinyl Chloride, Polycarbonate, Others.

By Process: Injection Molding, Filament Winding, Pultrusion, Others.

By End-User: Transportation, Aerospace & Defense, Wind Energy, Oil & Gas, Electrical & Electronics, Others.

Regional Analysis for Advanced Composites 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)

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Chapter Outline:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Advanced Composites market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Advanced Composites Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Advanced Composites market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Advanced Composites Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Advanced Composites market?

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

➠ What are the Advanced Composites market opportunities and threats faced by the vendors in the global Advanced Composites 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 Advanced Composites market?

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

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