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Automotive Composite Materials Market Size & Forecast

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Historic: 2022-2024 Base Year: 2025 Forecast: 2026–2033
US$ 13.5 Billion
Market Size 2025 · Base Year
US$ 26.07 Billion
Projected Market Size by 2033
8.57%
CAGR · 2026–2033
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BMIPUB00033663 56+ Countries Covered 10 Major Companies Profiled PEST & SWOT Analysis Competitive Heat Map
At a Glance

Report Coverage

56 +
Countries
56+ countries across North America, Europe, Asia-Pacific, South and Central America, Middle East and Africa
12
Year Assessment
Comprehensive Market Analysis Covering 3 Years of Historical Data (2022–2024), Base Year (2025), and 8-Year Forecast (2026–2033)
10 +
Major Players
Major companies profiled including Gurit Holding AG, Hexcel Corp, Mitsubishi Chemical Group Corp, SGL Carbon SE, Solvay SA
400
Report Pages
Pages of deep-dive analysis with PEST, SWOT, competitive heat maps and datasets
What's Fueling Growth

Market Drivers

  • EV production growth increasing demand for lightweight materials

  • Emission regulations pushing vehicle lightweighting

  • Autonomous vehicles requiring high-strength composites

Where Growth Opportunities Exist

Key Opportunities

  • Advances in thermoplastic composite manufacturing

  • Expansion into mass-market EV vehicles

  • Bio-based recyclable composite materials

What Could Slow It Down

Market Restraints

  • High cost of composite materials vs metal

  • Recycling challenges for composite wast

  • Supply chain risks for carbon fiber

Market Segmentation

Coverage by Segment

Fiber Type

Glass Fiber Composites
Carbon Fiber Composites
Other Fiber Types

Resin Type

Thermoset (Polyester
Epoxy
Vinyl Ester

Technology

Pultrusion
Injection Molding
Compression Molding

Vehicle Type

Passenger Cars
Commercial Vehicles
Two Wheelers
Geographic Breakdown

Regional Intelligence

NA North America
EU Europe
APAC Asia-Pacific
SCA South & Central America
MEA Middle East & Africa
Competitive Landscape

Major Market Players

Listed for reference — companies are not ranked in any particular order.

Gurit Holding AG
Hexcel Corp
Mitsubishi Chemical Group Corp
SGL Carbon SE
Solvay SA
Lanxess AG
DuPont de Nemours Inc
Toray Industries Inc
Owens Corning
Teijin Limited
What's Inside

Report Scope & Deliverables

Market Size 2025 US$ 13.5 Billion
Market Size 2033 US$ 26.07 Billion
CAGR 2026–2033 8.57%
Segments By Fiber Type (Glass Fiber Composites, Carbon Fiber Composites, Other Fiber Types)  |  By Resin Type (Thermoset (Polyester, Epoxy, Vinyl Ester)  |  By Technology (Pultrusion, Injection Molding, Compression Molding)
Geographies North America (US, Canada, Mexico)  ·  Europe (Belgium, Austria, Finland, Denmark, Greece, Poland, Romania, Russia, Ukraine, Czech Republic, Slovakia, Bulgaria, Italy, Luxembourg, Germany, Switzerland, France, Netherlands, Norway, Portugal, Spain, Sweden, United Kingdom)  ·  Asia-Pacific (Australia, China, India, Japan, South Korea, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, Bangladesh, New Zealand, Taiwan)  ·  South and Central America (Brazil, Argentina, Peru, Chile, Colombia)  ·  Middle East and Africa (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates, Turkiye, South Africa, Egypt, Algeria, Nigeria)
Deliverables Historical analysis with CAGR · PEST & SWOT analysis · Market Size at Global, Regional, and Country Levels · Competitive heat map · Company profiles · Excel dataset
Report Code BMIPUB00033663
Lead Analyst Suraj Sajeev — Associate Manager, Research & Consulting · View Profile
With Full Report Access

Gain actionable insights with 400 pages of in-depth Automotive Composite Materials Market, including historical trends, 8-year market forecasts, SWOT analysis, competitive landscapes, and downloadable Excel datasets in a single comprehensive package.

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