Global Composite Material Automotive Parts Market Growth (Status and Outlook) 2025-2031

The global Composite Material Automotive Parts market size is predicted to grow from US$ 2404 million in 2025 to US$ 5011 million in 2031; it is expected to grow at a CAGR of 13.0% from 2025 to 2031.

Composite Material Automotive Parts are vehicle components made from advanced composite materials, such as carbon fiber, fiberglass, or hybrid composites, to enhance strength, lightweight properties, and durability compared to traditional metals like steel or aluminum. These parts are widely used in performance, luxury, and electric vehicles (EVs) to improve fuel efficiency, safety, and aerodynamics.

United States market for Composite Material Automotive Parts is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Composite Material Automotive Parts is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Composite Material Automotive Parts is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Composite Material Automotive Parts players cover Valeo, Kautex, Magna International Inc, STS Group, LION Smart, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LPI (LP Information)' newest research report, the “Composite Material Automotive Parts Industry Forecast” looks at past sales and reviews total world Composite Material Automotive Parts sales in 2024, providing a comprehensive analysis by region and market sector of projected Composite Material Automotive Parts sales for 2025 through 2031. With Composite Material Automotive Parts sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Composite Material Automotive Parts industry.

This Insight Report provides a comprehensive analysis of the global Composite Material Automotive Parts landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Composite Material Automotive Parts portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Composite Material Automotive Parts market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Composite Material Automotive Parts and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Composite Material Automotive Parts.

This report presents a comprehensive overview, market shares, and growth opportunities of Composite Material Automotive Parts market by product type, application, key players and key regions and countries.

Segmentation by Type:
Glass Fiber
Carbon Fiber
Others

Segmentation by Application:
Body Panels
Battery Enclosures
Seat Back
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Valeo
Kautex
Magna International Inc
STS Group
LION Smart
Trinseo
Lentus
FEIZE COMPOSITES
Hangzhou Coleitec Composites Technology Co., Ltd
YAPP Automotive Systems Co., Ltd
Shandong GRAD Group
T-Star
Zhuzhou Times New Material Technology Co., Ltd

Please note: The report will take approximately 2 business days to prepare and deliver.