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Global Advanced Composites Market to 2032

Overview

The Global Advanced Composites Market is expected to reach a 42.94 USD Billion by 2032 and is projected to grow at a CAGR of 5.41% from 2025 to 2032.

Revenue, 2024 (USD Billion)
25.82
Forecast, 2032 (USD Billion)
42.94
CAGR, 2024 - 2032
5.41%
Report Coverage
Global

Global Advanced Composites Market 2018-2032 USD Billion

Global Advanced Composites Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 25.82 USD Billion
  • Projected Market Size (2032): 42.94 USD Billion
  • CAGR (2025-2032): 5.41%

Key Findings of Global Advanced Composites Market

  • The Global Advanced Composites Market was valued at 42.94 USD Billion in 2024.
  • The Global Advanced Composites Market is likely to grow at a CAGR of 5.41% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Advanced Thermosetting in Resin Segment accounted for the largest share of the market with a revenue of 17.11 USD Billion
  • The fastest growing segment Automated Tape Laying (ATL) and Automated Fiber Placement (AFP) in Manufacturing Process Segment grew Fastest with a CAGR of 6.16% during the forecast period from 2024 to 2032.

Global Advanced Composites Market Scope

Global Advanced Composites Market Segmentation & Scope
End User
  • Healthcare
  • Electrical and Electronics
  • Civil Engineering
  • Others
  • Sports Equipment
  • Energy and Power
  • Automotive
  • Aerospace and Defense
Type
  • Others
  • Aramid Fiber Composites
  • S-Glass Composites
  • Carbon Fiber Composites
Resin
  • Advanced Thermoplastic
  • Advanced Thermosetting
Manufacturing Process
  • Others
  • Injection Molding
  • Compression Molding
  • Resin Transfer Molding (RTM)
  • Pultrusion
  • Filament Winding
  • Hand Layup/Spray Layup
  • Automated Tape Laying (ATL) and Automated Fiber Placement (AFP)

Global Advanced Composites Market Data Coverage Insights

Study Period 2024-2032
Base Year 2022
Unit Revenue in USD Billion
Market Value in 2024 25.82 USD Billion
Market Value in 2032 42.94 USD Billion
CAGR (2025-2032) 5.41%
Historic Data 2016-2023
Market Segments Covered End User ,Type,Resin,Manufacturing Process

Regional Insights:

  • Leading Market (2024-2032): Global, leading in terms of revenue 25.82 USD Billion in 2024
    • Key Country: U.S., leading in terms of revenue with value of 5,020.55 USD Million in 2024.

Segments and Scope

  • Global Advanced Composites Market to 2032, By End User
    • Aerospace and Defense is the largest segment in Global Advanced Composites Market to 2032 with a revenue of 8.08 USD Billion in the year 2024.
    • Aerospace and Defense is the Fastest growing segment in Global Advanced Composites Market to 2032 with a Growth rate of 5.82 % in forecast period 2025-2032.
  • Global Advanced Composites Market to 2032, By Type
    • Carbon Fiber Composites is the largest segment in Global Advanced Composites Market to 2032 with a revenue of 10.09 USD Billion in the year 2024.
    • Carbon Fiber Composites is the Fastest growing segment in Global Advanced Composites Market to 2032 with a Growth rate of 5.58 % in forecast period 2025-2032.
  • Global Advanced Composites Market to 2032, By Resin
    • Advanced Thermosetting is the largest segment in Global Advanced Composites Market to 2032 with a revenue of 17.11 USD Billion in the year 2024.
    • Advanced Thermosetting is the Fastest growing segment in Global Advanced Composites Market to 2032 with a Growth rate of 5.52 % in forecast period 2025-2032.
  • Global Advanced Composites Market to 2032, By Manufacturing Process
    • Automated Tape Laying (ATL) and Automated Fiber Placement (AFP) is the largest segment in Global Advanced Composites Market to 2032 with a revenue of 6.48 USD Billion in the year 2024.
    • Automated Tape Laying (ATL) and Automated Fiber Placement (AFP) is the Fastest growing segment in Global Advanced Composites Market to 2032 with a Growth rate of 6.16 % in forecast period 2025-2032.

Global Advanced Composites Market Company Share Analysis

 
Global Advanced Composites Market Company Share Analysis
Global Advanced Composites Market Company Share Analysis

Global Advanced Composites Market Geographical Sales Distribution, 2018-2032 USD Billion

Global Advanced Composites Market Geographical Sales Distribution, 2018-2032 USD Billion

Global Advanced Composites Market Company Profiling

Global Advanced Composites Market Company Profiling

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Frequently Asked Questions
The Global Advanced Composites Market is segmented based on Segmentation End User ,Type,Resin,Manufacturing Process.
Global Advanced Composites Market was valued at USD 25.82(Revenue in USD Billion) in 2022.
Global Advanced Composites Market is projected to grow at a CAGR of 5.41% during the forecast period of 2024 to 2032.
The Advanced Thermosetting segment is expected to dominate the Global Advanced Composites Market, holding a largest market share of 17.11 USD Billion in 2024

Coming Soon....

Global Advanced Composites Market Scope

Global Advanced Composites Market Segmentation & Scope
End User
  • Healthcare
  • Electrical and Electronics
  • Civil Engineering
  • Others
  • Sports Equipment
  • Energy and Power
  • Automotive
  • Aerospace and Defense
Type
  • Others
  • Aramid Fiber Composites
  • S-Glass Composites
  • Carbon Fiber Composites
Resin
  • Advanced Thermoplastic
  • Advanced Thermosetting
Manufacturing Process
  • Others
  • Injection Molding
  • Compression Molding
  • Resin Transfer Molding (RTM)
  • Pultrusion
  • Filament Winding
  • Hand Layup/Spray Layup
  • Automated Tape Laying (ATL) and Automated Fiber Placement (AFP)
Frequently Asked Questions
The Global Advanced Composites Market is segmented based on Segmentation End User ,Type,Resin,Manufacturing Process.
Global Advanced Composites Market was valued at USD 25.82(Revenue in USD Billion) in 2022.
Global Advanced Composites Market is projected to grow at a CAGR of 5.41% during the forecast period of 2024 to 2032.
The estimated market value of the Global Advanced Composites Market for final year is USD 42.94 (USD Billion).

Global Advanced Composites Market Company Profiling

Global Advanced Composites Market Company Profiling
Frequently Asked Questions
The Global Advanced Composites Market is segmented based on Segmentation End User ,Type,Resin,Manufacturing Process.
Global Advanced Composites Market was valued at USD 25.82(Revenue in USD Billion) in 2022.
Global Advanced Composites Market is projected to grow at a CAGR of 5.41% during the forecast period of 2024 to 2032.
The estimated market value of the Global Advanced Composites Market for final year is USD 42.94 (USD Billion).

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