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Transportation Composites Market Size & Forecast

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Historic: 2022-2024 Base Year: 2025 Forecast: 2026–2033
US$ 50.38 Billion
Market Size 2025 · Base Year
US$ 130.65 Billion
Projected Market Size by 2033
12.65%
CAGR · 2026–2033
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BMIPUB00034552 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 Toray Industries, Inc., Hexcel Corporation, Syensqo, Teijin Limited, Mitsubishi Chemical Group Corporation
402
Report Pages
Pages of deep-dive analysis with PEST, SWOT, competitive heat maps and datasets
What's Fueling Growth

Market Drivers

  • Stringent government mandates for vehicle emission reductions

  • Rapid acceleration of electric vehicle production globally

  • Increasing demand for lightweight materials in aerospace fleet renewal

Where Growth Opportunities Exist

Key Opportunities

  • Development of fully recyclable and bio-based thermoplastic resins

  • Expansion of composite usage in high-speed rail and monorail networks

  • Advancements in automated fiber placement for high-rate manufacturing

What Could Slow It Down

Market Restraints

  • High initial costs associated with carbon fiber raw materials

  • Recycling complexities related to cross-linked thermoset resin systems

  • Limited large-scale production infrastructure in emerging economies

Market Segmentation

Coverage by Segment

Resin

Thermoset
Thermoplastic

Manufacturing Process

Compression Molding
Injection Molding
Resin Transfer Molding

Fiber

Glass
Carbon
Natural

Application

Interior
Exterior
Other Applications
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.

Toray Industries, Inc.
Hexcel Corporation
Syensqo
Teijin Limited
Mitsubishi Chemical Group Corporation
Owens Corning
SGL Carbon SE
Arkema S.A.
Gurit Holding AG
TPI Composites, Inc.
What's Inside

Report Scope & Deliverables

Market Size 2025 US$ 50.38 Billion
Market Size 2033 US$ 130.65 Billion
CAGR 2026–2033 12.65%
Segments By Resin (Thermoset, Thermoplastic)  |  By Manufacturing Process (Compression Molding, Injection Molding, Resin Transfer Molding)  |  By Fiber (Glass, Carbon, Natural)
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 BMIPUB00034552
Lead Analyst Suraj Sajeev — Associate Manager, Research & Consulting · View Profile
With Full Report Access

Gain actionable insights with 402 pages of in-depth Transportation Composites 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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