Hybrid Composites Market Size

Hybrid Composites Market size was over USD 12.06 billion in 2024 and is poised to exceed USD 84.92 billion by 2037, growing at over 16.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of hybrid composites is evaluated at USD 13.62 billion. Hybrid composites, which combine both glass and carbon fibers, enable manufacturers to customize mechanical qualities for any particular application without modifying the required dimensions of the tubes or poles. These properties of hybrid composites are escalating the market growth. For instance, the United Nations Environment Programme predicts that between 2017 and 2030, chemical sales will nearly quadruple.

For principal structures of commercial, industrial, aeronautical, marine, and recreational facilities a hybrid composite may be used. It's got a lot of advantages for the aeronautics industry like high fatigue and corrosion resistance, plus excellent impact protection. The U.S. commercial aviation industry contributes USD 1 trillion yearly, or 5% of the country's GDP.