Closed Molding Composites Market

By Fiber Type;

Natural Fiber Composites, Chopped Carbon Fiber, Glass Fiber Composites and Other Fiber Composites

By Application;

Aerospace & Defence, Civil Engineering, Electrical & Electronics, Marine, Industrial, Transportation, Housing, Construction, Wind Energy, Sporting Goods and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa,\ and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn151465730 Published Date: August, 2025 Updated Date: September, 2025

Closed Molding Composites Market Overview

Closed Molding Composites Market (USD Million)

Closed Molding Composites Market was valued at USD 67,398.75 million in the year 2024. The size of this market is expected to increase to USD 99,352.04 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.7%.


Closed Molding Composites Market

*Market size in USD million

CAGR 5.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.7 %
Market Size (2024)USD 67,398.75 Million
Market Size (2031)USD 99,352.04 Million
Market ConcentrationMedium
Report Pages398
67,398.75
2024
99,352.04
2031

Major Players

  • Pulynt S.p.A, Menzulit GmbH
  • Continental Structural Plastics Inc
  • A. Schulman
  • Excel Composites Inc.
  • Core Mulding Technulogies

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Closed Molding Composites Market

Fragmented - Highly competitive market without dominant players


The Closed Molding Composites Market is gaining momentum as industries adopt advanced manufacturing methods to achieve lightweight, durable, and high-performance materials. Accounting for over 55% of composite applications, closed molding techniques are preferred for their accuracy, material efficiency, and sustainable production benefits. The rising focus on cost-effective solutions further strengthens market demand.

Automotive and Aerospace Drive Adoption
The automotive sector holds a dominant share, representing more than 40% of demand, as manufacturers seek lightweight materials to improve efficiency and reduce emissions. The aerospace industry also plays a key role, utilizing closed molding composites for their superior strength-to-weight advantages. Both sectors continue to accelerate adoption as they prioritize performance-driven engineering solutions.

Diverse Industrial and Consumer Applications
Beyond transportation, closed molding composites are increasingly used in construction, industrial machinery, and consumer goods, contributing to around 35% of the overall market. Their durability and corrosion resistance make them indispensable for both heavy-duty and everyday applications. This broad usage demonstrates their adaptability across multiple industries.

Innovation and Sustainable Advancements
Technological progress in resins and processing systems is enhancing the performance of closed molding composites. More than 30% of recent innovations are centered around eco-friendly and recyclable solutions, aligning with global sustainability trends. These innovations improve efficiency while ensuring long-term environmental compatibility.

Market Outlook and Growth Potential
Future growth for the closed molding composites market is expected to remain strong, with over 50% of expansion linked to lightweight transportation, energy-efficient systems, and high-strength consumer applications. With continuous innovation and industry-wide adoption, the market is poised for robust and sustainable development.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Manufacturing Process
    2. Market Snapshot, By Fiber Type
    3. Market Snapshot, By Process
    4. Market Snapshot, By Apllication
    5. Market Snapshot, By Region
  4. Closed Molding Composites Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements
        2. Industry Demand Growth
        3. Lightweight Materials Requirement
        4. Environmental Regulations Compliance
      2. Restraints
        1. High Production Costs
        2. Complex Manufacturing Processes
        3. Limited Material Compatibility
        4. Market Adoption Challenges
      3. Opportunities
        1. Emerging Applications Expansion
        2. Sustainable Manufacturing Practices
        3. Technological Innovations
        4. Increased Industry Investments
    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. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Closed Molding Composites Market, By Manufacturing Process, 2021 - 2031 (USD Million)
      1. Continuous Lamination
      2. Reaction Injection Mulding
      3. Resin Transfer Mulding (RTM)
      4. Vacuum Infusion & Bagging
      5. Light RTM
      6. Injection Mulding
      7. Centrifugal Casting
      8. Compression
      9. Others
    2. Closed Molding Composites Market, By Fiber Type, 2021 - 2031 (USD Million)
      1. Natural Fiber Composites
      2. Chopped Carbon Fiber
      3. Glass Fiber Composites
      4. Other Fiber Composites
    3. Closed Molding Composites Market, By Process, 2021 - 2031 (USD Million)

      1. Vacuum Infusion & Bagging

      2. Resin Transfer Molding

      3. Compression Molding

      4. Pultrusion

      5. Reinforced Reaction Injection Molding

      6. Centrifugal Casting

      7. Continuous Lamination

      8. Others

    4. Closed Molding Composites Market, By Apllication, 2021 - 2031 (USD Million)
      1. Aerospace & Defence
      2. Civil Engineering
      3. Electrical & Electronics
      4. Marine
      5. Industrial
      6. Transportation
      7. Housing
      8. Construction
      9. Wind Energy
      10. Sporting Goods
      11. Others
    5. Closed Molding Composites Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Pulynt S.p.A, Menzulit GmbH
      2. Continental Structural Plastics Inc
      3. A. Schulman
      4. Excel Composites Inc.
      5. Core Mulding Technulogies
  7. Analyst Views
  8. Future Outlook of the Market