Press release
Composite Textiles Market to Reach USD 9.5 Billion by 2028, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm, has launched a report on the global market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.
Request a free sample report: https://www.stratviewresearch.com/Request-Sample/3463/composite-textiles-market.html#form
Market Statistics
• Market size (2028): USD 9.5 billion
• CAGR (2023-2028): 5.9%
• Forecast period: 2023-2028
• Base year: 2022
• Total number of segments: 4
• Tables & figures: 100+
• Country-Level Market Assessment: 20
Market Segmentation
By Textile Type:
• Perform
• CSM
• CFM
• Woven Roving
• Woven Yarn
• Multi-Axials
By End-Use Industry Type:
• Aerospace & Defense
• Marine
• Transportation
• Building & Construction
• Consumer Goods
• Electrical & Electronics
• Pipes & Tanks
• Wind Energy
• Others
By Region:
• Asia-Pacific
• Europe
• North America
• Rest of the World
Segment Analysis
In textile type, woven yarn holds the dominant position because of its extensive use in high-strength applications such as electrical & electronics for PCB laminates and structural parts, encouraging suppliers to prioritize woven yarn capacity to satisfy diverse industrial needs. Carbon fiber textile is the fastest-growing material type as industries such as aerospace and wind energy intensify the use of carbon composites for superior strength-to-weight performance, pushing producers to expand carbon fiber textile offerings to capture growth.
For end-use industries, wind energy emerges as a major demand generator due to the vast use of composite textiles in large-scale turbine blades and associated components, while segments like electrical & electronics continue to leverage composite textiles for both performance and reliability, prompting companies to adapt portfolios to serve these high-growth verticals.
Regional Insights
Asia-Pacific is the largest regional market, supported by a strong manufacturing base, presence of major composite textile manufacturers such as China Jushi Co. Ltd., Nan Ya Plastics Corp., Toray Industries, Inc., and Chongqing Polycomp International Corp., and substantial installations in wind energy and electronics industries, positioning the region as a key strategic hub for market participants. Europe is seen as the fastest-growing region, driven by increasing wind energy focus and demand for lightweight parts in automotive applications that require high-performance textile composites.
Market Drivers
• Increasing penetration of composite materials in various end-use markets.
• Rising demand for lightweight materials in aerospace, automotive, and energy sectors.
• Growing preference for composite textiles in large-sized applications such as wind turbine blades and boat hulls.
• Expansion of electrical & electronics industry requiring high-strength textile reinforcements.
• Escalating investments in renewable energy infrastructure boosting demand for carbon and glass fiber textiles.
Top Companies in the Market
• China Jushi Co. Ltd.
• Nan Ya Plastics Corporation
• Owens Corning
• SAERTEX GmbH & Co. KG
• Toray Industries, Inc.
FAQs
1. What is the projected size of the composite textiles market by 2028?
The composite textiles market is expected to reach approximately USD 9.5 billion by 2028.
2. What CAGR is forecast for the composite textiles market during 2023-2028?
The market is forecast to grow at a CAGR of 5.9 % during 2023-2028.
3. Which textile type segment dominates the composite textiles market?
Woven yarn dominates due to its extensive demand in electrical & electronics and structural applications.
4. What application drives the demand for composite textiles?
Wind energy applications are among the biggest demand generators for composite textiles.
5. Which region leads in composite textiles market growth?
Asia-Pacific accounts for the largest share with robust manufacturing presence and sector adoption.
Related Links:
Bio based polyurethane market : https://justpaste.it/llgou
Bio butanol market : https://theomnibuzz.com/bio-butanol-market--accelerating-the-shift-toward-green-and-sustainable-fuels
Calcium carbide market : https://www.wowonder.xyz/read-blog/355350
Capacitive sensor market : https://researchnews2025.amebaownd.com/posts/58320518
Capacitor bank market : https://www.omaada.com/blogs/302792/Capacitor-Bank-Market-Enhancing-Power-Efficiency-and-Grid-Reliability
Catalyst handling services market : https://sway.cloud.microsoft/DzZ7HGpCAZUq1YgX
Cenospheres market : https://www.omaada.com/blogs/289465/Rising-Demand-for-Sustainable-and-High-Performance-Materials-Boosts-Cenospheres
Cephalosporin market : https://www.leenkup.com/read-blog/74278
Ceramic balls market : https://note.com/researchnews_07/n/n23250f8ef201?app_launch=false
Chlorinated polyethylene market : https://hallbook.com.br/blogs/819801/Chlorinated-Polyethylene-Market-Driving-Growth-in-Construction-and-Electrical-Industries
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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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