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Add to CartGlobal Textile Composites Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Fiber Type;
Glass Fiber, Carbon Fiber, Aramid Fiber, and Other FibersBy Textile Type;
Woven Textile and Non-Woven TextileBy Application;
Electrical and Electronics, Wind Energy, Sporting Goods Industry, Marine, Construction, and OthersBy End User;
Textile Manufacturers, Apparel Industry, Industrial Fabrics, Defense Sector, and Aerospace CompaniesBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Textile Composites Market Overview
Textile Composites Market (USD Million)
Textile Composites Market was valued at USD 6,436.77 million in the year 2024. The size of this market is expected to increase to USD 9,178.63 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.2%.
Global Textile Composites Market Growth, Share, Size, Trends and Forecast
*Market size in USD million
CAGR 5.2 %
| Study Period | 2025 - 2031 |
|---|---|
| Base Year | 2024 |
| CAGR (%) | 5.2 % |
| Market Size (2024) | USD 6,436.77 Million |
| Market Size (2031) | USD 9,178.63 Million |
| Market Concentration | Medium |
| Report Pages | 399 |
Major Players
- Owens Corning
- Hexcel Corporation
- Saertex GmbH & Co. Kg
- BGF Industries, Inc.
- Chomarat Textile Industries
- Sigmatex Ltd.
- Toray Industries Inc.
- Milliken & Company
- Tah Tong Textile Co. Ltd.
- Hindoostan Technical Fabrics Ltd.
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Global Textile Composites Market
Fragmented - Highly competitive market without dominant players
The textile composites market is steadily expanding as industries increasingly seek lightweight yet durable materials for performance-intensive applications. These composites offer superior corrosion resistance, design flexibility, and mechanical strength. Currently, nearly 40% of the market is driven by applications requiring high fatigue and impact resistance, making textile composites a preferred alternative to traditional options.
Eco-Conscious Shift Towards Sustainable Composites
There is a significant transition toward sustainable materials in the market, with more than 30% of manufacturers now utilizing bio-based fibers in composite formulations. This change reflects growing awareness of environmental impacts and the demand for cleaner production processes. The integration of natural fibers is enabling a balance between performance and eco-friendliness.
Strong Penetration in Structural Enhancement Uses
With excellent strength-to-weight properties, textile composites are widely used for structural reinforcements. These materials now account for over 45% of such reinforcement solutions, particularly where durability and load-bearing capacity are critical. Their versatility in complex formations makes them a vital choice for various advanced engineering needs.
Technological Improvements in Composite Fabrication
Breakthroughs in weaving, braiding, and stitching technologies are pushing the boundaries of what textile composites can achieve. Material performance has improved by approximately 28%, innovations. Enhanced 3D textile structures now support the development of customized composite systems with multifunctional capabilities.
Focus on Customization and Advanced Material Research
Ongoing R&D efforts are enabling manufacturers to fine-tune fiber and matrix combinations for high-performance outcomes. Around 35% of current innovations focus on tailoring composite solutions to meet unique application needs. This focus on customization is fostering greater adoption across industries seeking optimized mechanical and thermal performance.
Textile Composites Market Recent Developments
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In 2024, Hexcel Corporation partnered with Arkema to develop carbon fiber-reinforced thermoplastic tapes, aiming to enhance the manufacturing of lightweight aircraft components.
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In 2023, Toray Industries, Inc. expanded its carbon fiber production by establishing a new facility in South Carolina, addressing the increasing demand for lightweight composite materials in aerospace and automotive industries.
Textile Composites Market Segment Analysis
The Textile Composites Market has been segmented by Fiber Type, Textile Type, Application, End User, and Geography.
Textile Composites Market, Segmentation by Fiber Type
The Textile Composites Market has been segmented by Fiber Type into Glass Fiber, Carbon Fiber, Aramid Fiber and Other Fibers.
Glass Fiber
Glass fiber dominates the textile composites sector, representing approximately 45-50% of the global market. It is a cost-effective and durable solution with strong corrosion resistance and mechanical strength, widely used in construction, marine, and automotive applications.
Carbon Fiber
Carbon fiber holds nearly 25-30% of the share, valued for its lightweight and high-strength properties. It is commonly utilized in aerospace, sports gear, and luxury vehicles due to its stiffness, fatigue resistance, and performance under extreme conditions.
Aramid Fiber
Aramid fiber captures around 15-20% of the market. Renowned for its heat resistance, toughness, and lightweight structure, it is extensively applied in defense equipment, protective clothing, and aerospace components.
Other Fibers
Other fibers contribute 5-10% to the total share. This group includes natural and hybrid fibers, increasingly recognized for their sustainability and adaptability in specialized industrial applications.
Textile Composites Market, Segmentation by Textile Type
The Textile Composites Market has been segmented by Textile Type into Woven Textile and Non-Woven Textile Composites.
Woven Textile
Woven textiles lead the textile composites market with a share of approximately 65-70%. These textiles are crafted by interlacing yarns, delivering excellent strength, dimensional stability, and durability. Their use is widespread in industries such as aerospace, automotive, and sporting goods due to their consistent structural performance and mechanical integrity.
Non-Woven Textile
Non-woven textiles contribute around 30-35% of the overall market. Created without traditional weaving or knitting, they are produced through techniques like felting and bonding. These textiles are favored for their lightweight, cost-efficiency, and flexibility, finding applications in medical products, construction materials, and industrial components.
Textile Composites Market, Segmentation by Application
The Textile Composites Market has been segmented by Application into Electrical and Electronics, Wind Energy, Sporting Goods Industry, Marine, Construction and Other Applications.
Electrical and Electronics
The electrical and electronics industry represents nearly 20-25% of the textile composites market. These materials offer excellent insulation, thermal resistance, and structural stability, making them ideal for circuit boards, insulation panels, and precision electronic components.
Wind Energy
Wind energy captures about 15-20% of the market. Textile composites are essential for building lightweight, durable, and efficient turbine blades, which are critical for enhancing the performance and longevity of wind power systems.
Sporting Goods Industry
The sporting goods segment holds close to 15-18% of the share. Due to their lightweight strength and impact resistance, textile composites are used in bicycles, rackets, helmets, and performance sports gear, providing a competitive edge in product design.
Marine
Marine applications account for approximately 12-15%. These composites provide corrosion resistance, buoyancy, and lightweight durability, making them ideal for use in boat hulls, decks, and marine structural components.
Construction
Construction comprises around 10-12% of the market. Textile composites are employed for their mechanical strength, fire resistance, and design flexibility in reinforcements, cladding systems, and building insulation.
Others
Other applications contribute nearly 10-15%, including sectors like automotive, aerospace, and industrial machinery, where the need for customizable performance, heat resistance, and lightweight structure continues to grow.
Textile Composites Market, Segmentation by End User
The Textile Composites Market has been segmented by End User into Textile Manufacturers, Apparel Industry, Industrial Fabrics, Defense Sector, and Aerospace Companies.
Textile Manufacturers
Textile manufacturers account for roughly 30-35% of the total market share. These companies depend on textile composites to enhance the strength, durability, and resilience of fabrics used in a wide range of manufacturing operations.
Apparel Industry
The apparel industry contributes about 20-25% to the market. It utilizes composite textiles to produce performance apparel, functional wear, and protective clothing, offering features such as thermal control, flexibility, and comfort.
Industrial Fabrics
Industrial fabric users make up nearly 18-22% of the demand. These fabrics serve technical applications like filtration, abrasion resistance, and safety systems, requiring mechanical stability and chemical durability.
Defense Sector
The defense sector represents close to 10-12% of the market. Textile composites are essential in creating ballistic protection, lightweight combat gear, and resilient uniforms, known for their impact resistance and high-performance reliability.
Aerospace Companies
Aerospace companies comprise approximately 8-10% of the global share. These composites are incorporated into aircraft insulation, interior panels, and structural components, meeting the sector’s demands for weight reduction and thermal resistance.
Textile Composites Market, Segmentation by Geography
The Textile Composites Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East, and Africa and Latin America.
Regions and Countries Analyzed in this Report
Textile Composites Market Share (%), by Geographical Region
North America
North America captures nearly 30-35% of the textile composites market. The region is recognized for its technological innovation, particularly in sectors like aerospace, defense, and sports equipment, which extensively utilize advanced composite materials.
Europe
Europe accounts for around 25-28% of the global market. The region’s adoption is driven by environmental compliance, automotive innovation, and a strong push for sustainable construction using lightweight and resilient materials.
Asia Pacific
Asia Pacific holds the largest share at about 35-40%. This dominance is attributed to industrial expansion, a thriving textile industry, and rising investments in wind energy across countries such as China, India, and South Korea.
Middle East & Africa
Middle East & Africa contribute nearly 5-7% to the market. The region is witnessing increased utilization of textile composites in infrastructure projects, particularly within the construction and oil & gas industries.
Latin America
Latin America comprises around 4-6% of the global share. Growth in this region is fueled by demand in industrial applications, along with steady development in automotive and consumer goods sectors.
Textile Composites Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Textile Composites Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
| Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
|---|---|---|---|---|---|
| Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
| Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
| Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers:
- Advancements in Fiber and Resin Technologies
- Rising Need for High Strength-to-Weight Ratio
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Expanding Use in Construction and Infrastructure - The growing demand for textile composites in construction and infrastructure projects is contributing significantly to the market's expansion. These materials are valued for their combination of lightweight strength, corrosion resistance, and design flexibility, making them ideal for use in applications such as structural reinforcement, façades, bridges, tunnels, and insulation systems. Their durability under harsh environmental conditions reduces maintenance needs, making them a long-term cost-efficient option.
As infrastructure investment increases globally, particularly in the development of resilient and energy-efficient structures, textile composites are being widely adopted for their ability to provide mechanical reinforcement without adding excessive weight. Their use in seismic retrofitting, prefabricated components, and energy-saving designs aligns with modern engineering and environmental standards.
Advanced fiber types like carbon, aramid, and high-strength glass are enabling customized textile composites that support high-performance construction needs. These materials are being integrated into smart building systems that focus on thermal control, moisture resistance, and acoustic insulation. Their adaptability and strength make them suitable for both new construction and renovation projects.
With governments and private sectors investing in next-generation infrastructure, the use of textile composites is rapidly expanding, offering enhanced durability, sustainability, and design innovation to the global construction industry.
Restraints:
- Challenges in Recycling and Disposal
- Complex Manufacturing Processes
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Limited Availability of Raw Materials - The textile composites market faces a key challenge due to the limited and inconsistent availability of essential raw materials, such as carbon fibers, aramid fibers, and advanced glass reinforcements. These materials are necessary to meet performance demands in industries like aerospace, defense, and high-end construction, but their production is resource-intensive and often geographically concentrated, resulting in supply chain vulnerabilities.
Manufacturers frequently experience price volatility, extended lead times, and supply constraints, especially during geopolitical instability or disruptions in transportation and logistics. This unpredictability can hinder the planning and scalability of composite-based projects, particularly for small and mid-sized producers that lack strong procurement networks or backup suppliers.
Additionally, raw material production is affected by environmental regulations, energy usage limitations, and dependency on petrochemical derivatives, all of which can reduce availability or increase manufacturing costs. These issues slow innovation, raise input expenses, and can delay time-sensitive infrastructure or industrial projects dependent on high-performance composite components.
To reduce this constraint, the market needs investment in alternative fiber technologies, efficient recycling systems, and localized sourcing strategies that can provide reliable material access at scale. Until then, the limited supply of critical raw materials remains a considerable barrier to market growth and widespread adoption.
Opportunities:
- Expansion in Wind Energy Applications
- Development of Bio-based Resins
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Emerging Markets in Asia-Pacific and Latin America - Rapid industrialization and infrastructure development in Asia-Pacific and Latin America present significant opportunities for the textile composites market. Nations such as China, India, Brazil, and Mexico are investing heavily in sectors like transportation, energy, defense, and housing—all of which benefit from durable, lightweight, and performance-driven composite materials. As demand grows for efficient, high-strength solutions, textile composites are being increasingly integrated into design and construction strategies.
These markets are undergoing a transition from conventional to advanced materials, driven by both global collaboration and domestic policy reforms that support technology transfer and sustainable industrial growth. As infrastructure modernization and smart city projects expand, the demand for materials that enable long-lasting and resilient performance is on the rise.
Textile composites are also playing a growing role in consumer and industrial goods production in these regions. From composite panels in automotive manufacturing to protective materials in defense and personal safety equipment, demand is broadening across multiple sectors. Manufacturers entering these markets with region-specific formulations, cost-effective supply chains, and localized technical support can establish a competitive advantage.
With favorable demographics, rising income levels, and strategic government investments, emerging economies are poised to become a major growth engine for textile composites—offering long-term potential for suppliers that adapt quickly and invest in regional partnerships and infrastructure.
Textile Composites Market Competitive Landscape Analysis
Key players in Global Textile Composites Market include:
- Owens Corning
- Hexcel Corporation
- Saertex GmbH & Co. Kg
- BGF Industries, Inc.
- Chomarat Textile Industries
- Sigmatex Ltd.
- Toray Industries Inc.
- Milliken & Company
- Tah Tong Textile Co. Ltd.
- Hindoostan Technical Fabrics Ltd.
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
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Fiber Type
- Market Snapshot, By Textile Type
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Region
- Textile Composites Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
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Advancements in Fiber and Resin Technologies
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Rising Need for High Strength-to-Weight Ratio
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Expanding Use in Construction and Infrastructure
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- Restraints
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Challenges in Recycling and Disposal
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Complex Manufacturing Processes
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Limited Availability of Raw Materials
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- Opportunities
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Expansion in Wind Energy Applications
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Development of Bio-based Resins
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Emerging Markets in Asia-Pacific and Latin America
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- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Textile Composites Market, By Fiber Type, 2021 - 2031 (USD Million)
- Glass Fiber
- Carbon Fiber
- Aramid Fiber
- Textile Composites Market, By Textile Type, 2021 - 2031 (USD Million)
- Woven Textile
- Non-Woven Textile
- Textile Composites Market, By Application, 2021 - 2031 (USD Million)
- Electrical & Electronics
- Wind Energy
- Sporting Goods Industry
- Marine
- Construction
- Others
- Textile Composites Market, By End User, 2021 - 2031 (USD Million)
- Textile Manufacturers
- Apparel Industry
- Industrial Fabrics
- Defense Sector
- Aerospace Companies
- Textile Composites Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Textile Composites Market, By Fiber Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Owens Corning
- Hexcel Corporation
- Saertex GmbH & Co. Kg
- BGF Industries, Inc.
- Chomarat Textile Industries
- Sigmatex Ltd.
- Toray Industries Inc.
- Milliken & Company
- Tah Tong Textile Co. Ltd.
- Hindoostan Technical Fabrics Ltd.
- Company Profiles
- Analyst Views
- Future Outlook of the Market