• In June 2025, Covestro secured a strategic acquisition of Pontacol, the Swiss multilayer adhesive film specialist, enhancing its adhesive film portfolio and bolstering innovation in composite film bonding technology.

• In September 2023, Michelin finalized the 700 million acquisition of Flex Composite Group, establishing a market-leading engineered films and fabrics business and boosting its High‑Tech Materials revenue by about 20%.

In this report, the Composite Film Market has been segmented by Resin Film Type, Curing Type, Function, End-Use Industry and Geography.

Composite Film Market, Segmentation by Resin Film Type

The Composite Film Market has been segmented by Resin Film Type into Epoxy and Others.

Epoxy

Epoxy resin films dominate the composite film market with a share exceeding 60%, owing to their superior mechanical strength, chemical resistance, and excellent adhesion properties. They are widely used in aerospace, automotive, and electronics applications requiring durable and high-performance materials.

Others

The “Others” segment, comprising polyimide, cyanate ester, and bismaleimide films, accounts for approximately 40% of the market. These films offer specialized properties such as high thermal resistance and dimensional stability, making them suitable for advanced industrial and military uses.

Composite Film Market, Segmentation by Curing Type

The Composite Film Market has been segmented by Curing Type into Autoclave and Out-Of-Autoclave.

Autoclave

The autoclave curing segment leads the composite film market, contributing to over 55% of the total share. It is preferred for producing high-strength composite materials used in aerospace and defense sectors, thanks to its ability to provide precise temperature and pressure control during the curing process.

Out-Of-Autoclave

Out-of-autoclave (OOA) techniques are gaining popularity, accounting for nearly 45% of the market, due to their cost-efficiency and suitability for large-scale or complex structures. This method is widely adopted in automotive and wind energy applications where reduced capital investment and energy consumption are critical.

Composite Film Market, Segmentation by Function

The Composite Film Market has been segmented by Function into Lightning Strike Protection, Surface Protection and Others.

Lightning Strike Protection

The lightning strike protection segment holds a significant share of approximately 40% in the composite film market. These films are used extensively in aerospace and defense to shield composite structures from damage caused by lightning strikes, enhancing the durability and safety of aircraft components.

Surface Protection

With around 35% market contribution, surface protection films are essential for safeguarding composite parts from abrasion, UV exposure, and moisture ingress. These are widely employed in the automotive and marine industries to maintain performance and extend product life cycles.

Others

The remaining 25% of the market includes applications such as decorative finishes and thermal insulation. These niche applications are gaining traction across construction and consumer electronics segments due to rising demand for lightweight, multi-functional materials.

Composite Film Market, Segmentation by End-Use Industry

The Composite Film Market has been segmented by End-Use Industry into Aerospace & Defense, Automotive and Others.

Aerospace & Defense

The aerospace & defense sector dominates the composite film market, accounting for nearly 60% of the overall demand. These films are essential for enhancing lightweighting, structural reinforcement, and electromagnetic shielding in aircraft and defense equipment, contributing to improved fuel efficiency and operational reliability.

Automotive

Holding approximately 25% market share, the automotive industry is increasingly adopting composite films for surface protection and weight reduction. These materials support the development of more fuel-efficient vehicles while maintaining aesthetic appeal and structural integrity.

Others

The remaining 15% of the market includes sectors such as renewable energy and electronics, where composite films are used for component shielding and thermal management. These niche applications are gradually expanding with the demand for advanced functional materials.

Composite Film Market, Segmentation by Geography

In this report, the Composite Film Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

Composite Film Market Share (%), by Geographical Region

North America

North America leads the composite film market with a share exceeding 35%, driven by strong demand from the aerospace and defense sectors, especially in the U.S. The region benefits from advanced manufacturing capabilities and a focus on lightweight materials in high-performance applications.

Europe

Europe contributes to around 25% of the global market, propelled by a robust automotive industry and stringent environmental regulations promoting the use of lightweight composites. Countries such as Germany and France are key adopters of composite film technologies.

Asia Pacific

Asia Pacific holds a growing market share of approximately 20%, supported by rapid industrialization, increasing aerospace investments, and expanding automotive production in countries like China, India, and Japan. The region is emerging as a hub for composite film manufacturing.

Middle East and Africa

The Middle East and Africa region accounts for about 10% of the market, with growth fueled by rising infrastructure development and aerospace investments in the Gulf region. Adoption is gradually increasing as industries seek advanced materials for performance improvement.

Latin America

Latin America captures a modest share of nearly 10%, driven by growth in the automotive and aerospace sectors in Brazil and Mexico. While currently limited, the market is expected to expand with growing interest in cost-effective composite solutions.

This report provides an in depth analysis of various factors that impact the dynamics of Composite Film Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.

Drivers, Restraints and Opportunity Analysis

Drivers

• Increasing aerospace industry demand
• Advancements in material technologies
• Growing automotive sector applications

• Rising renewable energy projects - The surge in renewable energy projects worldwide is significantly boosting the demand across both the Composite Doors & Windows Market and the Composite Film Market. As nations shift toward sustainable energy infrastructure, the need for advanced, durable, and energy-efficient materials is accelerating. Composite materials are increasingly chosen in these renewable installations due to their superior insulation properties, high strength-to-weight ratio, and resistance to environmental stressors, making them ideal for use in both doors and windows as well as film applications in solar panels and wind turbines.

  Governments and private investors are consistently pouring resources into solar, wind, and other renewable energy sectors, thereby driving the growth of high-performance composite components. Composite films are widely used in photovoltaic modules, while composite doors and windows offer critical thermal efficiency in green buildings—many of which are part of broader renewable energy initiatives. This parallel rise in demand for sustainable construction and clean energy sources naturally fuels the market for composite materials.

  This trend is expected to remain strong over the coming years, especially as climate change policies and environmental regulations become more stringent. The integration of composite technologies in renewable energy systems and sustainable building materials will continue to be a major driver, reinforcing the position of composites as essential elements in the global shift toward a cleaner, greener economy.

Restraints

• Limited availability of raw materials
• Stringent environmental regulations

• Complex manufacturing processes - The complex manufacturing processes required to produce advanced composite films act as a significant restraint on market growth. Achieving the precise layering, resin infusion, and curing conditions needed for uniform performance demands capital-intensive equipment and tightly controlled environments. Only a limited pool of suppliers can meet these specifications at scale, which raises entry barriers and slows capacity expansion across the composite film market.

  These multistage processes rely on highly skilled technicians to monitor temperature, pressure, and resin flow in real time, adding labor costs and prolonging production cycles. Minor deviations can create defects such as voids, delamination, or inconsistent thickness, triggering expensive rework or scrap. As a result, manufacturers face heightened quality-control overheads and longer lead times, making it harder to compete on price against conventional polymer films.

  These technical hurdles also ripple through the wider supply chain: specialized raw materials must be stored and handled carefully, while downstream converters must invest in compatible lamination and sealing lines. Until automation, digital twins, and inline inspection technologies mature enough to streamline these steps, the high production costs and scalability bottlenecks posed by intricate manufacturing processes will continue to curb the broader adoption of composite films.

Opportunities

• Expansion in emerging markets
• Innovations in lightweight composites
• Increasing investments in R&D

• Growth in electric vehicle production - The rapid growth in electric vehicle (EV) production worldwide is unlocking a substantial opportunity for the composite film industry. Automakers are ramping up output to meet zero-emission targets and rising consumer demand, and every new EV platform requires advanced materials that deliver lightweight strength, thermal stability, and design flexibility. Composite films fulfill these needs by providing high performance at lower mass than conventional metal or glass-reinforced solutions, positioning them as a preferred choice for next-generation vehicle architectures.

  Within battery packs, high-temperature composite films are increasingly specified as insulation layers, dielectric barriers, and pouch substrates. Their ability to resist puncture, contain thermal runaway, and maintain dimensional accuracy under wide temperature swings improves overall battery safety and longevity—critical selling points in the competitive EV market. As battery capacities rise and pack designs evolve, demand for specialized composite films with enhanced flame retardancy and dielectric properties is expected to outpace traditional polymer films, fueling incremental revenue streams for suppliers.

  Lightweighting remains a core strategy for boosting EV range, and composite films contribute by replacing heavier materials in interior panels, underbody shields, and trim components. Their superior strength-to-weight ratio supports aggressive mass-reduction targets without sacrificing structural integrity or acoustics. In addition, composite films offer excellent moldability for complex shapes, enabling designers to integrate multiple functions—such as EMI shielding or sensor housings—into a single part, reducing assembly steps and total cost of ownership.

  Government incentives, stricter CO₂ regulations, and the localization of EV supply chains are accelerating the need for reliable, scalable material solutions. Suppliers that invest early in automotive-grade composite film production, form partnerships with original equipment manufacturers, and align with circular-economy initiatives (recyclability, bio-based resins) stand to capture significant market share. As EV volumes climb through 2030 and beyond, composite film manufacturers equipped to meet stringent automotive standards will find ample room to expand capacity and diversify product portfolios.

Key players in Composite Film Market include:

• 3M
• Hexcel Corporation
• Toray Industries
• Gurit
• SGL Carbon
• Solvay
• Mitsubishi Chemical Corporation
• Owens Corning
• Teijin
• Cytec Industries

In this report, the profile of each market player provides following information:

• Company Overview and Product Portfolio
• Market Share Analysis
• Key Developments
• Financial Overview
• Strategies
• Company SWOT Analysis