Materials Market Research Reports & Industry Analysis

The wind blade composites market is estimated to be valued at USD 13.28 billion in 2025 and reach USD 21.87 billion by 2030, at a CAGR of 10.5% from 2025 to 2030. The demand for carbon fiber within the wind blade composites sector is experiencing significant growth, primarily driven by the increasin ...

The Middle East and Africa Automotive Composites Market is projected to reach USD 964.71 million by 2031, up from USD 492.16 million in 2024. The market is expected to record a compound annual growth rate (CAGR) of 10.5% from 2025 to 2031. Executive Summary and Market Analysis: According to Fastener ...

The South and Central America Automotive Composites Market is projected to reach USD 406.75 million by 2031, up from USD 218.06 million in 2024. The market is expected to grow at a compound annual growth rate (CAGR) of 9.6% from 2025 to 2031. Executive Summary and Market Analysis: The significant pr ...

Sweden’s automotive composites market is steadily expanding, fueled by innovation in vehicle design and a growing focus on sustainable manufacturing practices. With a strong automotive sector led by brands like Volvo, the country is increasingly incorporating composite materials to comply with stric ...

South Africa's automotive composites market is expanding as the nation’s automotive sector increasingly incorporates advanced materials to improve vehicle performance, reduce weight, and boost fuel efficiency. The use of composites like fiberglass, carbon fiber, and natural fibers is rising, driven ...

Singapore’s automotive composites market is experiencing steady growth, supported by the nation’s advanced manufacturing expertise and emphasis on sustainability. Known as a center for innovation, Singaporean automakers are increasingly incorporating composite materials like carbon fiber and fibergl ...

Qatar is advancing its automotive sector by investing in sustainable technologies and emphasizing modern, eco-conscious solutions. As the focus on fuel efficiency and environmental impact intensifies, the use of lightweight composite materials—such as fiberglass, carbon fiber, and natural fibers—is ...

Denmark’s automotive composites market is gaining momentum, supported by substantial government incentives and investments focused on lowering carbon emissions. The country's strong emphasis on electric vehicles has significantly increased the need for lightweight and durable materials like composit ...

Ukraine’s automotive industry is among the fastest-growing manufacturing sectors in the country, comprising several original equipment manufacturers (OEMs) and a strong network of component suppliers. There is an increasing focus on localizing production to reduce reliance on international supply ch ...

The automotive composites market in the UAE is expanding as the nation’s automotive sector increasingly emphasizes sustainability and high-performance materials. Growing demand for lightweight, fuel-efficient vehicles is driving the adoption of composites like fiberglass, carbon fiber, and natural f ...

According to Eurostat, the UK ranks as the ninth-largest economy globally by GDP. The UK government has set ambitious goals to accelerate the adoption of electric vehicles, prompting the automotive industry to shift rapidly toward electric mobility. Increased investments in the development and produ ...

The demand for automotive composites in Slovakia is increasing due to the country's strategic shift toward electric vehicle (EV) production and lightweight automotive design. As a major car manufacturing hub in Central Europe, Slovakia is attracting significant investments from companies like Hyunda ...

The automotive composites market in Peru is growing as the country’s automotive sector aims to improve vehicle efficiency and sustainability. Composites, such as fiberglass and carbon fiber, are becoming increasingly recognized for their ability to reduce vehicle weight, enhance fuel efficiency, and ...

The automotive composites market in the Philippines is steadily expanding alongside the development and modernization of the country's automotive industry. Growing emphasis on fuel efficiency and emission reduction is prompting manufacturers to utilize composite materials like fiberglass, carbon fib ...

The Netherlands is among the frontrunners in Europe for electric vehicle (EV) adoption, largely due to supportive government policies. A key initiative is the Dutch government's plan to ban the sale of new diesel and petrol vehicles by 2030, a move expected to significantly boost EV sales in the nea ...

New Zealand’s automotive composites market is evolving, supported by the country’s commitment to sustainable transportation. With the automotive industry moving toward electric vehicles (EVs) and improved fuel efficiency, there is a rising demand for lightweight materials like carbon fiber and fiber ...

Kuwait's automotive industry is gradually shifting toward more sustainable and efficient material solutions. As the demand for lightweight vehicles increases, the use of composite materials like fiberglass and carbon fiber is becoming more prevalent, aiding in reducing vehicle weight and boosting fu ...

The rise of e-commerce has significantly increased the demand for commercial vehicles, especially compact vans designed for efficient last-mile deliveries in urban areas. This shift is transforming the logistics sector and driving the need for adaptable commercial transport solutions. According to W ...

China’s automotive composites market is expanding rapidly, driven by the country’s booming automotive sector and the growing need for lightweight, high-performance materials. As the nation intensifies its transition to electric vehicles (EVs) and implements stricter emissions standards, automakers a ...

Austria’s automotive composites market is experiencing consistent growth, fueled by its well-established automotive sector, commitment to sustainability, and progress in material technologies. The country hosts several prominent automotive manufacturers and suppliers, including Magna Steyr, as well ...

Australia’s automotive composites market is showing steady and encouraging growth, driven by the increasing need for materials that are lightweight, durable, and fuel-efficient. As the country’s automotive industry places greater emphasis on environmental sustainability, materials like carbon fiber, ...

The growth of the automotive composites market in Spain is closely linked to the country’s expanding vehicle production. According to the International Organization of Motor Vehicle Manufacturers, Spain produced 2,451,221 vehicles in 2023, marking a 17% increase from 2021. The rising demand for ligh ...

Between January and July 2024, Russia sold a total of 918,964 vehicles, according to the Association of Russian Automakers. Of these, 848,031 were passenger cars, 11,720 were electric vehicles, 55,928 were light commercial vehicles, and 14,995 were pickup trucks. The country operates 34 automotive m ...

The automotive composites market in Poland is witnessing substantial growth driven by several important factors. As a key manufacturing center in Europe, Poland offers a cost-efficient production environment, making composites a preferred option for automakers aiming to reduce vehicle weight and imp ...

Malaysia’s automotive composites market is developing alongside the growth of its automotive industry, driven by a growing emphasis on lightweight and energy-efficient vehicles. The use of composite materials like fiberglass, carbon fiber, and natural fibers is increasing to enhance fuel efficiency, ...