Composites Market Size

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Report ID: 4570
Published Date: Sep 10, 2025
Report Format: PDF, PPT

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Composites Market Outlook:

Composites Market size was over USD 112.67 billion in 2025 and is poised to exceed USD 254.75 billion by 2035, witnessing over 8.5% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of composites is estimated at USD 121.29 billion.

The growth of the market can be attributed to rising demand for chemical and corrosion resistance material. These corrosion resistance material includes platinum and more. Platinum is known to be the least reactive metals and hence they are in high demand. Palladium was in high demand in North America in 2018 with approximate 65,000 ounces needed for the chemical industry.

Additionally, growing chemical industry is anticipated to be the another major factor expected to boost the growth of the market. For instance, India currently has an approximately USD 175 Billion for chemicals and petrochemicals, and by 2025, it is anticipated to reach about USD 299 Billion.

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

Composites Market Size, Share & Trends Forecast 2035

Frequently Asked Questions (FAQ)

In the year 2026, the industry size of composites is estimated at USD 121.29 billion.

The global composites market size was over USD 112.67 billion in 2025 and is anticipated to witness a CAGR of more than 8.5%, crossing USD 254.75 billion revenue by 2035.

Asia Pacific composites market will secure around 41.6% share by 2035, driven by rising disposable income in the region.

Key players in the market include Huntsman Corporation LLC, SGL Carbon, Teijin Limited, PPG Industries, Inc., Toray Industries, Inc., Owens Corning, Hexcel Corporation, DuPont, Momentive Performance Materials, Inc., China Jushi Group Co., Ltd.