Advanced Composites Market Size

  • Report ID: 6398
  • Published Date: Sep 18, 2025
  • Report Format: PDF, PPT

Advanced Composites Market Outlook:

Advanced Composites Market size was valued at USD 48.67 billion in 2025 and is expected to reach USD 128.55 billion by 2035, registering around 10.2% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of advanced composites is evaluated at USD 53.14 billion.

Advanced composites are a rapidly growing industry, revolutionizing the approach to designing products, manufacturing, and utilization across various fields. Advanced composite materials combine more than two distinct substances to produce a product with special properties, such as increased strength, rigidity, and resistance to corrosion and heat. These materials are increasingly used in a wide range of applications, including aerospace, automotive, construction, sports equipment, wind energy, electronics, medical devices, industrial processes, marine, and consumer goods. As technology is advancing the demand for high-performance and quality materials growing. This can result in significant advanced composites market growth in the forthcoming years.

The market is experiencing steady growth and expansion owing to the growing need for lightweight materials, particularly in the aerospace and automotive industries. In the aerospace industry, advanced composites such as glass fiber-reinforced polymers (GFRP) and carbon fiber-reinforced polymers (CFRP) are used in the body structure of aircraft to mitigate fuel consumption and increase payload capacity. In the automotive sector, these advanced composite materials are utilized to manufacture body panels, engine components, and battery enclosures to enhance vehicle performance and fuel efficiency and decrease vehicle emissions.


Advanced Composites Market Size

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In the year 2026, the industry size of advanced composites is evaluated at USD 53.14 billion.

The global advanced composites market size exceeded USD 48.67 billion in 2025 and is set to register a CAGR of more than 10.2%, exceeding USD 128.55 billion revenue by 2035.

North America’s advanced composites market will account for 37.7% share by 2035, driven by the fastest-growing automotive industry, demand for lightweight materials, and rising usage of high-performance materials.

Key players in the market include Mitsubishi Chemical Carbon Fiber and Composites Inc., Hexcel Corporation, Kolon Industries Inc., Owens Corning, Koninklijke TenCate NV, and Cytec Solvay Group.
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