Composites Market Forecast Highlighting Lay Up Filament Winding and Injection Molding

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Composites Market Size, Share & Trends Analysis Report By Fiber Type (Glass Fiber Composites, Carbon Fiber Composites, Natural Fiber Composites), Resin Type (Thermoset Composites, Thermoplastic Composites), Manufacturing Process (Lay-Up, Filament Winding, Injection Molding, Pultrusion, Compression Molding, RTM ), End-Use Industry (Aerospace & Defense, Wind Energy, Automotive & Transportation, Construction & Infrastructure, Marine, Pipe & Tank, Electrical & Electronics) - Market Outlook And Industry Analysis 2035"

Global Composites Market Size is valued at USD 142.81 Billion in 2025 and is predicted to reach USD 340.39 Billion by the year 2035 at a 9.2% CAGR during the forecast period for 2026 to 2035.

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Composites are engineered high-performance materials created through the interaction of two or more chemically distinct phases at the microscopic level. They are typically categorized into polymer, metal, ceramic, carbon, and graphite composites, depending on the matrix material utilized. Renowned for their exceptional mechanical and thermal properties, composites can be tailored to meet specific application requirements, making them integral to industries such as aerospace, defense, and construction.

Market growth is primarily driven by the increasing demand for lightweight components, particularly within the automotive and transportation sectors, where weight reduction directly enhances fuel efficiency and overall performance. The anticipated expansion of advanced lightweight material adoption across a wide range of industrial applications is expected to further propel market development throughout the forecast period.

In aerospace and defense applications, composites are instrumental in reducing the weight of military aircraft and helicopters, thereby improving operational efficiency and fuel economy. These performance advantages are expected to remain a key factor sustaining the growth of the global composites market.

List of Prominent Players in the Composites Market:
• BASF SE
• Binani Industries Ltd.
• China Jushi Co., Ltd.
• Compagnie De Saint-Gobain S.A
• Cytec Industries (Solvay, S.A.)
• Dowaksa
• Dupont
• Gaffco Ballistics
• Gurit Holding Ag
• Henkel Ag & Co. Kgaa
• Hexcel Corporation
• Hexion
• Honeywell International Inc.
• Huntsman Corporation Llc
• Jushi Group Co., Ltd.
• Kineco Limited
• Mitsubishi Chemical Holdings Corporation (Japan)
• Momentive Performance Materials, Inc.
• Nippon Electrical Glass Co. Ltd. (Japan)
• Owens Corning
• Ppg Industries, Inc.
• Renegade Materials Corporation
• Sgl Group
• Teijin Ltd
• Toray Industries, Inc.
• Trex Company, Inc.
• Upm Biocomposites
• Veplas Group
• Weyerhaeuser Company

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Market Dynamics
Drivers:
The growth of the global composites market is largely fueled by increasing consumer awareness of the advantages offered by composite materials. Recognized for their lightweight properties, corrosion resistance, and superior strength compared to conventional metals and wood, composites are seeing heightened adoption across sectors such as automotive, manufacturing, and sports equipment. Additionally, government-led sustainability initiatives and regulatory measures aimed at reducing carbon dioxide (CO2) emissions are expected to further support market expansion.

Investments by both public and private entities in lightweight commercial vehicles-focused on improving fuel efficiency, reducing operational costs, and minimizing environmental impact-are accelerating the integration of composite materials. Their favorable strength-to-weight ratio makes them an attractive choice for manufacturers seeking eco-efficient solutions.

Challenges:
Despite these advantages, the composites market faces challenges associated with high production, assembly, and raw material costs. Composites often exhibit lower out-of-plane strength, placing greater load-bearing responsibility on the matrix and increasing susceptibility to impact damage. Repairing composite structures is generally more complex than metallic alternatives, often requiring specialized technical expertise.

Limitations in thermal resistance, due to the comparatively lower melting points of polymer matrices, restrict their application in high-temperature environments. Furthermore, composites typically demonstrate lower heat capacity and reduced strength-to-volume ratios relative to metals, limiting their suitability for thermally intensive applications.

Regional Trends:
The Asia-Pacific region is anticipated to capture a significant share of the global composites market, exhibiting strong compound annual growth over the forecast period. Key economies, including China, India, and Japan, continue to serve as prominent manufacturing hubs supporting industries such as automotive, aerospace, construction, and electronics. North America also maintains a substantial market presence, driven primarily by rising demand for lightweight materials in the U.S. automotive sector. Ongoing advancements in the electrical and electronics industries, coupled with steady growth in automotive and aerospace segments, are expected to further reinforce market development across both regions.

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Recent Developments:
• In February 2022, Multiaxial glass fiber noncrimp fabrics were the first product Saertex produced in its new Mexico facility to forward its product line's growth into the wind power industry.
• In June 2021, the lightweight camera drone was built using Hexcel HexPly carbon fiber pre-preg, according to Hexcel Corporation, a world leader in advanced composites technology. A set of students from the University of Applied Sciences Upper Austria in Wels constructed a composite drone using parts supplied by the Austrian company Hexcel Neumarkt.

Segmentation of Composites Market-
Composites Market By Fiber Type
• Glass Fiber Composites
• Carbon Fiber Composites
• Natural Fiber Composites
• Other Fiber Composites
o Basalt Fiber Composites
o Aramid Fiber Composites
o Boron Fiber Composites
o Hybrid Fiber Composites
o Ultra-High-Molecular-Weight Polyethylene (Uhmwpe) Fiber Composites
Composites Market By Resin Type
• Thermoset Composites
o Epoxy Resin
o Polyester Resin
o Vinyl Ester Resin
o Polyurethane Resin
o Others
• Thermoplastic Composites
o Polycarbonates (Pc)
o Polypropylene (Pp)
o Polyphenylene Sulfide (Pps)
o Polyetherimide (Pei)
o Polyamide (Pa)
o Others
Composites Market By Application
• Aerospace & Defense
o Civil
o Defense
• Wind Energy
• Automotive & Transportation
o Automotive
o Recreational Vehicles
o Bus, Trucks, And Other Heavy Vehicles
o Metros And Monorails
o Passenger Rails
o High-Speed And Bullet Trains
• Construction & Infrastructure
• Marine
o Powerboat
o Sailboat
o Cruise Ship
o Others
• Pipe & Tank
• Electrical & Electronics
• Others
o Industrial
o Healthcare
o Sporting Goods
Composites Market By Manufacturing Process
• Lay-up
• Filament Winding
• Injection Molding
• Pultrusion
• Compression Molding
• RTM
• Others
Composites Market By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

Read Overview Report- https://www.insightaceanalytic.com/report/composites-market/1646

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This release was published on openPR.