Automotive Composites Market

Automotive Composites Market Size, Share, By Polymer Type (Glass, Carbon and Natural), Resin Type (Thermoset and Thermoplastics), Application (Exterior, Interior, Structure & Power train, and Other), and Region - Trends, Analysis, and Forecast till 2035

The Automotive Composites Market Report offers an in-depth exploration of emerging market trends, driving factors, challenges, and key segments that shape the industry. It includes a thorough examination of regulatory frameworks, company profiles, and the latest industry developments. The report delves into product development, positioning strategies, and the impact of new technologies on the market landscape. By identifying challenges and opportunities, the report provides a detailed roadmap for market growth.

Automotive composites are lightweight materials mostly utilized in the inside and under the hood of cars, trucks, and other vehicles. Composites are utilized in many vehicle interior and exterior applications since they are the material of choice for reducing weight in cars.

The exceptional dimensional stability of composites has led to an increase in their use in the automotive sector in recent years. Composite materials are used because of their many qualities, such as their ability to retain shape, their low coefficient of thermal expansion, their ability to withstand corrosion in both wet and dry conditions, their ease of manufacture, and their low weight, which helps to lower the overall mass of vehicles.

Report Highlights:

Automotive composites market size is valuated at USD 11.0 Billion in 2025.

Target market size is estimated to be valuated at USD 39.6 Billion by 2035 and at a CAGR of 15.1%.

On the account of polymer type, glass fibre composites have the biggest automotive composites market share.

Based on the Resin Type, highest automotive composites market share is held by Thermoset.

The Exterior segment has the largest automotive composites market share, on the basis of Application.

Asia Pacific has largest automotive composites market share.

In North America, automotive composites market is growing at the fastest rate.

Key Highlights:

• In January 2021, SGL Carbon said it will invest USD 4.5 million at its Arkansas facility to expand the production of carbon composites for electric vehicles. The company manufactures carbon and glass fiber-reinforced materials for automotive applications. The enhanced capacity augmentation will meet the growing demand for composite battery enclosures for modern e-car chassis.

Report Analysis:

Challenges Associated with Automotive Composite Include:

• High production cost compared to conventional materials.
• Limited recycling infrastructure for composite components.
• Complex repair process after vehicle accidents.
• Long cycle times for part manufacturing.
• Regulatory hurdles for new composite material approval.
• Inconsistent material properties across manufacturing batches.
• Need for skilled labor and technical expertise.
• Compatibility issues with existing vehicle assembly lines.
• Limited suppliers for advanced composite raw materials.

Segmentation:

By Polymer Type:

• Glass
• Carbon
• Natural

By Resin Type:

• Thermoset
• Thermoplastics

By Application:

• Exterior
• Interior
• Structure & Power train
• Others

By Region:

• North America
• U.S.
• Canada
• Europe
• Germany
• U.K.
• France
• Russia
• Italy
• Spain
• Netherlands
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• Australia
• Indonesia
• Malaysia
• South Korea
• Rest of Asia Pacific
• Latin America
• Brazil
• Mexico
• Argentina
• Rest of Latin America
• Middle East & Africa
• GCC
• Israel
• South Africa
• Rest of Middle East & Africa

Automotive Composites Market Companies:

TORAY INDUSTRIES, INC.

TEIJIN LIMITED.

Mitsubishi Chemical Group Corporation

SGL Carbon

RTP Company

Plasan

Owens Corning.

Solway

UFP Technologies, Inc.

BASF

Kautex

Exel Composites

Piran Advanced Composites

IDI Composites International

Syensqo

What You’ll Gain from This Report:

• Regional & Country-Specific Insights: Unlock detailed market share analysis across key regions and countries, empowering you to pinpoint growth opportunities and optimize your strategic positioning.
• Guidance for Market Entry: Expert-backed strategies to overcome entry barriers, establish a foothold, and accelerate expansion in new or competitive markets.
• Reliable Long-Term Forecasts: Data-driven projections from 2025 to 2035, including pivotal milestones for 2025, 2026, and 2030, ensuring confident, future-proof investments.
• In-Depth Market Trend Analysis: Explore the forces shaping the industry—drivers, challenges, emerging opportunities, and risks—along with insights into high-growth sectors and potential obstacles.
• Proven Business Strategies: Actionable, data-backed recommendations tailored to key market segments, helping you maximize profitability and outperform competitors.
• Competitive Intelligence: Stay ahead with a clear view of industry trends, competitor strategies, and untapped market potential to refine your approach.
• Exclusive Company Profiles: In-depth analysis of top market players, including business models, financial performance, strategic initiatives, and recent developments.
• Innovative Supply Chain Trends: Discover the latest technological advancements transforming supply chains—boosting efficiency, cutting costs, and driving innovation.

This report provides the strategic intelligence you need to navigate a dynamic market landscape and make decisions that propel long-term success.

FAQs:

Key Questions Answered in the Report.

1. What was the Automotive Composites Market size in 2025?

2. What is projected growth rate of the Automotive Composites Market during 2025-2035?

3. What are the key factors driving the Automotive Composites Market growth?

4. What are leading players in the Automotive Composites Market ?

5. What are the key regions analyzed in the Automotive Composites Market ?

6. Which region is dominating in the Automotive Composites Market ? Show more