North America Advanced Composites Market to 2032

Overview

The North America Advanced Composites Market is expected to reach a 17.87 USD Billion by 2032 and is projected to grow at a CAGR of 10.27% from 2025 to 2032.

Revenue, 2024 (USD Billion)

9.71

Forecast, 2032 (USD Billion)

17.87

CAGR, 2024 - 2032

10.27%

Report Coverage

North America

North America Advanced Composites Market 2018-2032 USD Billion

North America Advanced Composites Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 9.71 USD Billion
Projected Market Size (2032): 17.87 USD Billion
CAGR (2025-2032): 10.27%

Key Findings of North America Advanced Composites Market

The North America Advanced Composites Market was valued at 9.71 USD Billion in 2024.
The North America Advanced Composites Market is likely to grow at a CAGR of 10.27% 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 6.42 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 11.80% during the forecast period from 2024 to 2032.

North America Advanced Composites Market Scope

North America Advanced Composites Market Segmentation & Scope

End User

Healthcare
Electrical and Electronics
Civil Engineering
Others
Sports Equipment
Energy and Power
Automotive
Aerospace and Defense

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)

Type

Others
Aramid Fiber Composites
S-Glass Composites
Carbon Fiber Composites

Resin

Advanced Thermoplastic
Advanced Thermosetting

North America Advanced Composites Market Data Coverage Insights

Study Period	2024-2032
Base Year	2022
Unit	Revenue in USD Billion
Market Value in 2024	9.71 USD Billion
Market Value in 2032	17.87 USD Billion
CAGR (2025-2032)	10.27%
Historic Data	2016-2023
Market Segments Covered	End User ,Manufacturing Process,Type,Resin

Regional Insights:

Leading Market (2024-2032): North America, leading in terms of revenue 9.71 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

North America Advanced Composites Market to 2032, By End User
- Aerospace and Defense is the largest segment in North America Advanced Composites Market to 2032 with a revenue of 3.02 USD Billion in the year 2024.
- Aerospace and Defense is the Fastest growing segment in North America Advanced Composites Market to 2032 with a Growth rate of 11.07 % in forecast period 2025-2032.
North America Advanced Composites Market to 2032, By Manufacturing Process
- Automated Tape Laying (ATL) and Automated Fiber Placement (AFP) is the largest segment in North America Advanced Composites Market to 2032 with a revenue of 2.38 USD Billion in the year 2024.
- Automated Tape Laying (ATL) and Automated Fiber Placement (AFP) is the Fastest growing segment in North America Advanced Composites Market to 2032 with a Growth rate of 11.80 % in forecast period 2025-2032.
North America Advanced Composites Market to 2032, By Type
- Carbon Fiber Composites is the largest segment in North America Advanced Composites Market to 2032 with a revenue of 3.78 USD Billion in the year 2024.
- Carbon Fiber Composites is the Fastest growing segment in North America Advanced Composites Market to 2032 with a Growth rate of 10.61 % in forecast period 2025-2032.
North America Advanced Composites Market to 2032, By Resin
- Advanced Thermosetting is the largest segment in North America Advanced Composites Market to 2032 with a revenue of 6.42 USD Billion in the year 2024.
- Advanced Thermosetting is the Fastest growing segment in North America Advanced Composites Market to 2032 with a Growth rate of 10.48 % in forecast period 2025-2032.

North America Advanced Composites Market Company Share Analysis

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

North America Advanced Composites Market Company Profiling

Industry Related Reports

South America Abrasives Market

Middle East & Africa Abrasives Market

North America Abrasives Market

Europe Abrasives Market

Asia-Pacific Abrasives Market

Argentina Abrasives Market

Australia Abrasives Market

Belgium Abrasives Market

Brazil Abrasives Market

Canada Abrasives Market

Frequently Asked Questions

What are the primary segments covered in the North America Advanced Composites Market?

The North America Advanced Composites Market is segmented based on Segmentation End User ,Manufacturing Process,Type,Resin.

What is the current market size of the North America Advanced Composites Market?

North America Advanced Composites Market was valued at USD 9.71(Revenue in USD Billion) in 2022.

What is the expected growth rate of the North America Advanced Composites Market?

North America Advanced Composites Market is projected to grow at a CAGR of 10.27% during the forecast period of 2024 to 2032.

Which is the dominating segment in the North America Advanced Composites Market?

The Advanced Thermosetting segment is expected to dominate the North America Advanced Composites Market, holding a largest market share of 6.42 USD Billion in 2024

Coming Soon....