Green Composites Market Size

Green Composites Market size was valued at USD 32.33 billion in 2024 and is set to exceed USD 82.78 billion by 2037, registering over 7.5% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of green composites is evaluated at USD 36.33 billion.

Governments around the world are introducing regulations to reduce carbon emissions and encourage the use of environmentally friendly materials. These regulations and initiatives consist of tax benefits, subsidies, and incentives for industry players to adopt eco-friendly sustainable solutions such as green composites. For instance, the European Union has set a goal of reducing greenhouse gas emissions by 55% by 2030, and using eco-friendly composite materials can help achieve these goals.

Consumers are becoming increasingly aware of the environmental impact of the products they use. Therefore, nowadays consumers are highly watchful of what they are purchasing and consuming. As a result, there is a growing demand for sustainable and environmentally friendly products, including eco-friendly composite materials. Also, manufacturers and producers are responding to this demand of customers and as a result, they implementing green composites in their products as per customer preference. Research shows that 60% of consumers worldwide consider sustainability when making purchasing decisions.