U.S. Advanced Composites Market to 2032

Overview

The U.S. Advanced Composites Market is expected to reach a 9.56 USD Billion by 2032 and is projected to grow at a CAGR of 10.86% from 2025 to 2032.

Revenue, 2024 (USD Billion)
5.02
Forecast, 2032 (USD Billion)
9.56
CAGR, 2024 - 2032
10.86%
Report Coverage
U.S.

U.S. Advanced Composites Market 2018-2032 USD Billion

U.S. Advanced Composites Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 5.02 USD Billion
  • Projected Market Size (2032): 9.56 USD Billion
  • CAGR (2025-2032): 10.86%

Key Findings of U.S. Advanced Composites Market

  • The U.S. Advanced Composites Market was valued at 5.02 USD Billion in 2024.
  • The U.S. Advanced Composites Market is likely to grow at a CAGR of 10.86% 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 3.32 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 12.43% during the forecast period from 2024 to 2032.

U.S. Advanced Composites Market Scope

U.S. Advanced Composites Market Segmentation & Scope
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)
End User
  • Healthcare
  • Electrical and Electronics
  • Civil Engineering
  • Others
  • Sports Equipment
  • Energy and Power
  • Automotive
  • Aerospace and Defense
Resin
  • Advanced Thermoplastic
  • Advanced Thermosetting
Type
  • Others
  • Aramid Fiber Composites
  • S-Glass Composites
  • Carbon Fiber Composites

U.S. Advanced Composites Market Data Coverage Insights

Study Period 2024-2032
Base Year 2022
Unit Revenue in USD Billion
Market Value in 2024 5.02 USD Billion
Market Value in 2032 9.56 USD Billion
CAGR (2025-2032) 10.86%
Historic Data 2016-2023
Market Segments Covered Manufacturing Process,End User ,Resin,Type

Regional Insights:

  • Leading Market (2024-2032): U.S., leading in terms of revenue 5.02 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

  • U.S. Advanced Composites Market to 2032, By Manufacturing Process
    • Automated Tape Laying (ATL) and Automated Fiber Placement (AFP) is the largest segment in U.S. Advanced Composites Market to 2032 with a revenue of 1.22 USD Billion in the year 2024.
    • Automated Tape Laying (ATL) and Automated Fiber Placement (AFP) is the Fastest growing segment in U.S. Advanced Composites Market to 2032 with a Growth rate of 12.43 % in forecast period 2025-2032.
  • U.S. Advanced Composites Market to 2032, By End User
    • Aerospace and Defense is the largest segment in U.S. Advanced Composites Market to 2032 with a revenue of 1.55 USD Billion in the year 2024.
    • Aerospace and Defense is the Fastest growing segment in U.S. Advanced Composites Market to 2032 with a Growth rate of 11.69 % in forecast period 2025-2032.
  • U.S. Advanced Composites Market to 2032, By Resin
    • Advanced Thermosetting is the largest segment in U.S. Advanced Composites Market to 2032 with a revenue of 3.32 USD Billion in the year 2024.
    • Advanced Thermosetting is the Fastest growing segment in U.S. Advanced Composites Market to 2032 with a Growth rate of 11.08 % in forecast period 2025-2032.
  • U.S. Advanced Composites Market to 2032, By Type
    • Carbon Fiber Composites is the largest segment in U.S. Advanced Composites Market to 2032 with a revenue of 1.95 USD Billion in the year 2024.
    • Carbon Fiber Composites is the Fastest growing segment in U.S. Advanced Composites Market to 2032 with a Growth rate of 11.21 % in forecast period 2025-2032.

U.S. Advanced Composites Market Company Share Analysis

 
U.S. Advanced Composites Market Company Share Analysis
U.S. Advanced Composites Market Company Share Analysis

U.S. Advanced Composites Market Geographical Sales Distribution, 2018-2032 USD Billion

U.S. Advanced Composites Market Geographical Sales Distribution, 2018-2032 USD Billion

U.S. Advanced Composites Market Company Profiling

U.S. Advanced Composites Market Company Profiling
Frequently Asked Questions
The U.S. Advanced Composites Market is segmented based on Segmentation Manufacturing Process,End User ,Resin,Type.
U.S. Advanced Composites Market was valued at USD 5.02(Revenue in USD Billion) in 2022.
U.S. Advanced Composites Market is projected to grow at a CAGR of 10.86% during the forecast period of 2024 to 2032.
The Advanced Thermosetting segment is expected to dominate the U.S. Advanced Composites Market, holding a largest market share of 3.32 USD Billion in 2024

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U.S. Advanced Composites Market Scope

U.S. Advanced Composites Market Segmentation & Scope
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)
End User
  • Healthcare
  • Electrical and Electronics
  • Civil Engineering
  • Others
  • Sports Equipment
  • Energy and Power
  • Automotive
  • Aerospace and Defense
Resin
  • Advanced Thermoplastic
  • Advanced Thermosetting
Type
  • Others
  • Aramid Fiber Composites
  • S-Glass Composites
  • Carbon Fiber Composites
Frequently Asked Questions
The U.S. Advanced Composites Market is segmented based on Segmentation Manufacturing Process,End User ,Resin,Type.
U.S. Advanced Composites Market was valued at USD 5.02(Revenue in USD Billion) in 2022.
U.S. Advanced Composites Market is projected to grow at a CAGR of 10.86% during the forecast period of 2024 to 2032.
The estimated market value of the U.S. Advanced Composites Market for final year is USD 9.56 (USD Billion).

U.S. Advanced Composites Market Company Profiling

U.S. Advanced Composites Market Company Profiling
Frequently Asked Questions
The U.S. Advanced Composites Market is segmented based on Segmentation Manufacturing Process,End User ,Resin,Type.
U.S. Advanced Composites Market was valued at USD 5.02(Revenue in USD Billion) in 2022.
U.S. Advanced Composites Market is projected to grow at a CAGR of 10.86% during the forecast period of 2024 to 2032.
The estimated market value of the U.S. Advanced Composites Market for final year is USD 9.56 (USD Billion).

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