According to the report “Composite Market Industry Trends and Global Forecasts to 2035”, the global composites market is projected to grow from USD 117.09 billion in 2025 to USD 290.61 billion by 2035, at a compound annual growth rate (CAGR) of 8.61 %.
This growth is largely driven by increasing demand for lightweight, corrosion-resistant, and customizable materials across aerospace, automotive, construction, and renewable energy sectors.
On the materials front, carbon fiber composites currently hold the largest share and are expected to register above-average growth due to their outstanding strength-to-weight ratio.
Meanwhile, thermoplastic composites lead the resin segment, supported by advantages in process efficiency and recyclability.
Regarding manufacturing processes, compression molding currently dominates, but injection molding is projected to grow fastest thanks to its versatility and ability to produce complex parts at scale.
In end-use sectors, automotive and transportation claim the largest share today, while aerospace & defense is expected to grow rapidly due to the demand for lightweight materials in critical applications.
Geographically, the Asia-Pacific region currently leads the market share, backed by heavy industrial investment in China and India.
However, North America is expected to register the fastest growth between 2025 and 2035, driven by technological innovation and emphasis on sustainable materials.
Featured companies in the report include Arkema, BASF, Hexcel, Toray, and SGL Carbon, among others, highlighted in the competitive landscape section.
The report encompasses segmentation by matrix type, resin type, process, end-user, and distribution channel, along with SWOT analysis, value chain insights, and future scenarios.
In summary, the composites market is poised to be among the fastest-growing advanced materials sectors: technological innovation, environmental imperatives, and demand from high-performance industries will be key drivers over the coming decade.
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17 October 2025
