South America Advanced Composites Market to 2032

Overview

The South America Advanced Composites Market is expected to reach a 2.51 USD Billion by 2032 and is projected to grow at a CAGR of 8.15% from 2025 to 2032.

Revenue, 2024 (USD Billion)

1.54

Forecast, 2032 (USD Billion)

2.51

CAGR, 2024 - 2032

8.15%

Report Coverage

South America

South America Advanced Composites Market 2018-2032 USD Billion

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

Market Growth and Projections:

Market Size (2024): 1.54 USD Billion
Projected Market Size (2032): 2.51 USD Billion
CAGR (2025-2032): 8.15%

Key Findings of South America Advanced Composites Market

The South America Advanced Composites Market was valued at 1.54 USD Billion in 2024.
The South America Advanced Composites Market is likely to grow at a CAGR of 8.15% 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 1.02 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 9.51% during the forecast period from 2024 to 2032.

South America Advanced Composites Market Scope

South America Advanced Composites Market Segmentation & Scope

Type

Others
Aramid Fiber Composites
S-Glass Composites
Carbon Fiber Composites

Resin

Advanced Thermoplastic
Advanced Thermosetting

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)

South America Advanced Composites Market Data Coverage Insights

Study Period	2024-2032
Base Year	2022
Unit	Revenue in USD Billion
Market Value in 2024	1.54 USD Billion
Market Value in 2032	2.51 USD Billion
CAGR (2025-2032)	8.15%
Historic Data	2016-2023
Market Segments Covered	Type,Resin,End User ,Manufacturing Process

Regional Insights:

Leading Market (2024-2032): South America, leading in terms of revenue 1.54 USD Billion in 2024
- Key Country: Brazil, leading in terms of revenue with value of 591.03 USD Million in 2024.

Segments and Scope

South America Advanced Composites Market to 2032, By Type
- Carbon Fiber Composites is the largest segment in South America Advanced Composites Market to 2032 with a revenue of 600.96 USD Billion in the year 2024.
- Carbon Fiber Composites is the Fastest growing segment in South America Advanced Composites Market to 2032 with a Growth rate of 8.49 % in forecast period 2025-2032.
South America Advanced Composites Market to 2032, By Resin
- Advanced Thermosetting is the largest segment in South America Advanced Composites Market to 2032 with a revenue of 1.02 USD Billion in the year 2024.
- Advanced Thermosetting is the Fastest growing segment in South America Advanced Composites Market to 2032 with a Growth rate of 8.36 % in forecast period 2025-2032.
South America Advanced Composites Market to 2032, By End User
- Aerospace and Defense is the largest segment in South America Advanced Composites Market to 2032 with a revenue of 478.32 USD Billion in the year 2024.
- Aerospace and Defense is the Fastest growing segment in South America Advanced Composites Market to 2032 with a Growth rate of 8.94 % in forecast period 2025-2032.
South America Advanced Composites Market to 2032, By Manufacturing Process
- Automated Tape Laying (ATL) and Automated Fiber Placement (AFP) is the largest segment in South America Advanced Composites Market to 2032 with a revenue of 398.61 USD Billion in the year 2024.
- Automated Tape Laying (ATL) and Automated Fiber Placement (AFP) is the Fastest growing segment in South America Advanced Composites Market to 2032 with a Growth rate of 9.51 % in forecast period 2025-2032.

South America Advanced Composites Market Company Share Analysis

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

South America Advanced Composites Market Company Profiling

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Frequently Asked Questions

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

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

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

South America Advanced Composites Market was valued at USD 1.54(Revenue in USD Billion) in 2022.

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

South America Advanced Composites Market is projected to grow at a CAGR of 8.15% during the forecast period of 2024 to 2032.

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

The Advanced Thermosetting segment is expected to dominate the South America Advanced Composites Market, holding a largest market share of 1.02 USD Billion in 2024

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