Global Composite Material Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

Segmented by Coating;

Gel Coat and Surface Veil.

Segmented by Adhesives;

Epoxies, Bismaleimide (BMI), Cyanate Ester, Modified Acrylics, Polyurethanes and Silicones.

Segmented by End-user;

Construction, Transportation, Electronics & Electrical, Healthcare, Power, Industrial, Aerospace & Defense, Marine and Others.

Segmented by Fiber Type;

Glass fiber, Carbon fiber, Aramid Fiber and Others.

Segmented by Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn280848948 Published Date: March, 2024 Updated Date: April, 2024

Introduction

Global Composite Material Market (USD Million), 2020 - 2030

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
# Global Market (USD Million), 2020 - 2030
2020 104.0
2021 105.0
2022 125.6
2023 129.0
2024 147.2
2025 167.1
2026 192.9
2027 204.1
2028 216.4
2029 241.3
2030 255.8

In the year 2023, the Global Composite Material Market was valued at USD 90,065.94 million. The size of this market is expected to increase to USD 153,367.46 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 7.9%.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Coating
    2. Market Snapshot, By Adhesives
    3. Market Snapshot, By End-user
    4. Market Snapshot, By Fiber Type
    5. Market Snapshot, By Region
    6. Market Opportunity Map
  4. Global Composite Material Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancement in the Field of Material Science
        2. Emerging Use of 3D Printing with Composites
        3. Other Drivers
      2. Restraints
        1. High Cost of Composite Materials
        2. Other Restraints
      3. Opportunities
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bragaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Industry Rivalry
  5. Market Segmentation
    1. Global Composite Material Market, By Coating, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Segment Trends
        1. Gel Coat
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        2. Surface Veil
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
    2. Global Composite Material Market, By Adhesives, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Segment Trends
        1. Epoxies
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        2. Bismaleimide (BMI)
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        3. Cyanate Ester
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        4. Modified Acrylics
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        5. Polyurethanes
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        6. Silicones
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
    3. Global Composite Material Market, By End-user, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Segment Trends
        1. Construction
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        2. Transportation
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        3. Electronics & Electrical
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        4. Healthcare
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        5. Power
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        6. Industrial
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        7. Aerospace & Defense
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        8. Marine
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        9. Others
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
    4. Global Composite Material Market, By Fiber Type, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Segment Trends
        1. Glass fiber
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        2. Carbon fiber
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        3. Aramid Fiber
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        4. Others
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
    5. Global Composite Material Market, By Geography, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Regional Trends
        1. North America
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Coating, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Adhesives, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By End-user, 2020 - 2030 (USD Million)
          5. Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2020 - 2030 (USD Million)
            1. U.S
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Coating, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Adhesives, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By End-user, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2020 - 2030 (USD Million)
            2. Canada
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Coating, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Adhesives, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By End-user, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2020 - 2030 (USD Million)
        2. Europe
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Coating, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Adhesives, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By End-user, 2020 - 2030 (USD Million)
          5. Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2020 - 2030 (USD Million)
            1. Germany
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Coating, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Adhesives, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By End-user, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2020 - 2030 (USD Million)
            2. United Kingdom
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Coating, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Adhesives, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By End-user, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2020 - 2030 (USD Million)
            3. France
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Coating, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Adhesives, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By End-user, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2020 - 2030 (USD Million)
            4. Italy
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Coating, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Adhesives, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By End-user, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2020 - 2030 (USD Million)
            5. Spain
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Coating, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Adhesives, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By End-user, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2020 - 2030 (USD Million)
            6. Rest of Europe
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Coating, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Adhesives, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By End-user, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2020 - 2030 (USD Million)
        3. Asia Pacific
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Coating, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Adhesives, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By End-user, 2020 - 2030 (USD Million)
          5. Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2020 - 2030 (USD Million)
            1. Japan
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Coating, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Adhesives, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By End-user, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2020 - 2030 (USD Million)
            2. China
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Coating, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Adhesives, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By End-user, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2020 - 2030 (USD Million)
            3. India
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Coating, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Adhesives, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By End-user, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2020 - 2030 (USD Million)
            4. Australia & New Zealand
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Coating, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Adhesives, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By End-user, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2020 - 2030 (USD Million)
            5. South Korea
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Coating, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Adhesives, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By End-user, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2020 - 2030 (USD Million)
            6. ASEAN (Association of South East Asian Countries)
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Coating, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Adhesives, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By End-user, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2020 - 2030 (USD Million)
            7. Rest of Asia Pacific
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Coating, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Adhesives, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By End-user, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2020 - 2030 (USD Million)
        4. Middle East & Africa
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Coating, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Adhesives, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By End-user, 2020 - 2030 (USD Million)
          5. Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2020 - 2030 (USD Million)
            1. GCC
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Coating, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Adhesives, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By End-user, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2020 - 2030 (USD Million)
            2. Israel
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Coating, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Adhesives, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By End-user, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2020 - 2030 (USD Million)
            3. South Africa
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Coating, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Adhesives, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By End-user, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2020 - 2030 (USD Million)
            4. Rest of Middle East & Africa
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Coating, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Adhesives, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By End-user, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2020 - 2030 (USD Million)
        5. Latin America
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Coating, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Adhesives, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By End-user, 2020 - 2030 (USD Million)
          5. Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2020 - 2030 (USD Million)
            1. Brazil
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Coating, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Adhesives, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By End-user, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2020 - 2030 (USD Million)
            2. Mexico
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Coating, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Adhesives, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By End-user, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2020 - 2030 (USD Million)
            3. Argentina
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Coating, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Adhesives, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By End-user, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2020 - 2030 (USD Million)
            4. Rest of Latin America
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Coating, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Adhesives, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By End-user, 2020 - 2030 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Fiber Type, 2020 - 2030 (USD Million)
  6. Competitive Landscape
    1. Heat Map Analysis
    2. Company Profiles
      1. TORAY INDUSTRIES, INC.
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      2. 3M
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      3. Carbot Corporation
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      4. Owens Corning
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      5. Dupont
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
  7. Analyst Views
  8. Future Outlook of the Market

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