Chemicals Industry Today

Composites Market Expected to Reach $188.14 Billion by 2033 - Strategic Revenue Insights

The global Composites Market is valued at roughly USD 108.8 billion in 2023 and is projected to reach ≈ USD 181.7 billion by 2028, growing at a CAGR of about 10.8%. Growth is driven by rising demand for lightweight, high-performance materials across automotive, aerospace, construction, wind energy and transportation sectors, as industries shift from metals to composites to meet fuel-efficiency and performance needs.
Published 28 November 2025

London, UK – November 2025 | Strategic Revenue Insights Inc. – The global Composites Market is on track for a dramatic rise over the coming decade, according to fresh analysis from Strategic Revenue Insights. The report estimates that the market valued at US$ 96.26 billion in 2024 will expand to reach US$ 188.14 billion by 2033. This forecast translates into a compound annual growth rate (CAGR) of 7.73% between 2025 and 2033.

This doubling in value reflects more than just volume growth: it signals a broad shift in how industries worldwide are adopting composite materials as go-to solutions for strength, durability, and weight reduction. Composites are increasingly replacing traditional metals and materials in sectors where performance, longevity and efficiency matter most from aerospace and automotive to construction, energy, and infrastructure.

A comprehensive assessment of this rapidly evolving market can be accessed through Strategic Revenue Insights at the link below, focused on Composites:

https://www.strategicrevenueinsights.com/industry/composites-market

Demand for composite materials is being driven by multiple converging trends. In aerospace and automotive, the push for lightweight, fuel-efficient structures continues to accelerate adoption of composite parts. Lighter materials translate directly into reduced fuel consumption and improved performance an advantage that resonates in both passenger vehicles and aircraft. At the same time, the construction and infrastructure sectors increasingly favor composites because of their corrosion resistance, long life, and lower maintenance needs attributes especially valuable in harsh environments or large-scale public works.

On a regional level, growth is shifting toward fast-industrializing regions; the report highlights that while North America and Europe remain significant markets thanks to established manufacturing bases, the contribution from Asia-Pacific is rising driven by rapid urbanization, expanding infrastructure, and growth in automotive and transport manufacturing. Meanwhile, other regions see incremental adoption as global supply-chains and regulatory pressures encourage lighter, more efficient materials.

Segmentation within the composites market reveals a diverse landscape. Fibre-type composites (including glass-fibre, carbon-fibre and other reinforcements), different resin systems (thermoset and thermoplastic composites), varied manufacturing processes (lay-up, filament winding, injection molding, pultrusion, compression molding and others), and a broad range of end-use industries (transportation, aerospace & defence, construction & infrastructure, wind energy, marine, electrical & electronics, among others) together define the market’s structure.

Browse the associated report:

https://www.strategicrevenueinsights.com/ja/industry/composites-market

https://www.strategicrevenueinsights.com/kr/industry/composites-market

https://www.strategicrevenueinsights.com/da/industry/composites-market

https://www.strategicrevenueinsights.com/de/industry/composites-market

https://www.strategicrevenueinsights.com/es/industry/composites-market

https://www.strategicrevenueinsights.com/it/industry/composites-market

https://www.strategicrevenueinsights.com/pt/industry/composites-market

https://www.strategicrevenueinsights.com/fr/industry/composites-market

In aerospace and defense one of the most demanding application areas composites continue to gain ground because of their superior strength-to-weight ratio and structural resilience. The shift toward carbon-fiber composites and advanced resin systems (such as high-performance thermosets) is particularly strong, catering to aircraft manufacturers’ need for lighter, fuel-efficient, high-performance components including fuselages, wings, structural parts, and interior elements.

In transportation (automotive, commercial vehicles, rail), composites are being adopted in body panels, chassis components, interiors and structural parts to meet emissions and fuel-efficiency regulations while maintaining safety and durability. In construction and infrastructure, composites are finding applications in bridges, facades, pipelines, architectural elements and other structures where corrosion resistance, long lifecycle and low maintenance are priorities. Wind energy is another notable domain composite materials used in turbine blades and energy-generation infrastructure benefit from high strength-to-weight and fatigue resistance.

Despite the strong growth prospects, the Composites Market faces some structural challenges. High production costs, complex manufacturing processes, and in certain cases regulatory or standardization constraints  especially in regulated industries like aerospace, automotive, or energy  can limit adoption or slow down penetration. However, the report points out that advancements in manufacturing technologies, improved resin and fiber chemistries, and developments in composite recycling and sustainability are helping overcome many of these barriers.

Looking to 2033 and beyond, the Composites Market appears set to capitalize on accelerating global trends: increasing demand for lightweight, high-strength, durable materials; growing infrastructure investment worldwide; expansion in aerospace, transport, renewable energy and construction; and continued innovation in composite technologies. The nearly doubling of market size to US$ 188.14 billion suggests that composites will play an ever more central role in the global industrial materials mix. For investors, manufacturers, material suppliers and downstream users alike, this market represents a substantial opportunity for growth especially for those who can combine material innovation, cost-effectiveness, and scalability.

Related Reports:

https://www.strategicrevenueinsights.com/industry/n-decyltrimethoxysilane-market

https://www.strategicrevenueinsights.com/industry/trimethoxyoctylsilane-market

https://www.strategicrevenueinsights.com/industry/adhesive-manufacturing-tank-cleaning-market

https://www.strategicrevenueinsights.com/industry/anionic-flocculant-market

https://www.strategicrevenueinsights.com/industry/ion-exchange-resin-cleaner-market

About Strategic Revenue Insights Inc.

Strategic Revenue Insights Inc., a subsidiary of SRI Consulting Group Ltd, empowers organizations worldwide with data driven market intelligence. Headquartered in London, United Kingdom, the firm delivers syndicated research reports, tailored consulting solutions, and actionable insights that equip clients to make confident, future focused strategic decisions. Its team of seasoned analysts continuously tracks markets, identifies emerging trends, and uncovers growth opportunities to support long-term client success. As part of SRI Consulting Group Ltd, Strategic Revenue Insights Inc. is committed to accuracy, clarity, and practical relevance, helping businesses optimize strategies and accelerate revenue growth.

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