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omkarkadam7989
Oct 9, 20234 min read

Composites Market, Global Outlook and Forecast 2023-2032

The global Composites market was valued at US$ 82500 million in 2022 and is projected to reach US$ 114430 million by 2029, at a CAGR of 4.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


The USA market for Global Composites market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.




The China market for Global Composites market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


The Europe market for Global Composites market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


This report aims to provide a comprehensive presentation of the global market for Composites, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Composites. This report contains market size and forecasts of Composites in global, including the following market information:


  • Global Composites Market Revenue, 2018-2023, 2024-2032, ($ millions)

  • Global Composites Market Sales, 2018-2023, 2024-2032, (K MT)

  • Global top five Composites companies in 2022 (%)

Layup Segment to Reach $ Million by 2029, with a % CAGR in next six years.

The global key manufacturers of Composites include 3M, Acordis BV, Advanced Glass Fibre Yarns, Aertex Group, Axalta Coating Systems, Airbus, AKSA, Asahi Fibreglass and BOC, etc. in 2022, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Composites manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks. Total Market by Segment:

Global Composites Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K MT)

Global Composites Market Segment Percentages, by Type, 2022 (%)


  • Layup

  • Filament Winding

  • Injection Molding

  • Pultrusion

  • Others

Global Composites Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K MT)

Global Composites Market Segment Percentages, by Application, 2022 (%)


  • Transportation

  • Aerospace & Defense

  • Wind Energy

  • Electrical & Electronics

  • Others

Global Composites Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K MT)

Global Composites Market Segment Percentages, By Region and Country, 2022 (%)


  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:


  • Key companies Composites revenues in global market, 2018-2023 (Estimated), ($ millions)

  • Key companies Composites revenues share in global market, 2022 (%)

  • Key companies Composites sales in global market, 2018-2023 (Estimated), (K MT)

  • Key companies Composites sales share in global market, 2022 (%)

key players include:


  • 3M

  • Acordis BV

  • Advanced Glass Fibre Yarns

  • Aertex Group

  • Axalta Coating Systems

  • Airbus

  • AKSA

  • Asahi Fibreglass

  • BOC

  • Braj Binani Group

  • Formosa Plastics Corporation

Chapter 1: Introduces the definition of Composites, market overview.

Chapter 2: Global Composites market size in revenue and volume.

Chapter 3: Detailed analysis of Composites manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Composites in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Composites capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

Table of content

1 Introduction to Research & Analysis Reports 1.1 Composites Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Composites Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Composites Overall Market Size 2.1 Global Composites Market Size: 2022 VS 2032 2.2 Global Composites Revenue, Prospects & Forecasts: 2018-2032 2.3 Global Composites Sales: 2018-2032 3 Company Landscape 3.1 Top Composites Players in Global Market 3.2 Top Global Composites Companies Ranked by Revenue 3.3 Global Composites Revenue by Companies 3.4 Global Composites Sales by Companies 3.5 Global Composites Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Composites Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Composites Product Type 3.8 Tier 1, Tier 2 and Tier 3 Composites Players in Global Market 3.8.1 List of Global Tier 1 Composites Companies 3.8.2 List of Global Tier 2 and Tier 3 Composites Companies 4 Sights by Product 4.1 Overview 4.1.1 By Type - Global Composites Market Size Markets, 2022 & 2032 4.1.2 Layup 4.1.3 Filament Winding 4.1.4 Injection Molding 4.1.5 Pultrusion

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