Global Thermoset Composites Market
市场规模（十亿美元）
CAGR :
% 
USD
18.17 Billion
USD
29.95 Billion
2024
2032
 Forecast Period |
2025 –2032 |
 Market Size (Base Year) |
USD 18.17 Billion |
 Market Size (Forecast Year) |
USD 29.95 Billion |
 CAGR |
% |
| Major Markets Players |
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Global Thermoset Composites Market, By Fibre Type (Glass Fibre Thermoset Composite, Carbon Fibre Thermoset Composite and Other Fibre Composites), Resin Type (Polyester Resin, Vinyl Ester Resin, Epoxy Resin, Phenolic Resin, Polyurethane Resin and Other Thermoset Resins), Manufacturing Process (Lay-Up Process, Filament Winding Process, Infusion Process, Compression Moulding Process, Injection Moulding Process, Pultrusion Process and Other Processes), End- Use (Aerospace and Defence, Wind Energy, Transportation, Sporting Goods, Marine, Construction and Infrastructure, Pipe and Tank, Electrical and Electronics and Others)- Industry Trends and Forecast to 2032
Thermoset Composites Market Size
- The Global c was valued atUSD 18.17 Billion in 2024 and is expected to reachUSD 29.95 Billion by 2032
- During the forecast period of 2025 to 2032 the market is likely to grow at aCAGR of 6.5%, primarily driven by increasing use of thermoset composites in automotive, aerospace, construction, and electrical & electronics industries, owing to their superior mechanical strength, chemical resistance, and thermal stability
- This growth is further propelled by the expansion of renewable energy projects (especially wind energy), rising infrastructure investments in emerging economies, and a shift toward lightweight and durable materials in transportation and consumer goods
Thermoset Composites Market Analysis
- Thermoset composites are extensively used in the manufacturing of structural components for automotive, aerospace, construction, marine, and electrical & electronics industries due to their superior mechanical strength, chemical resistance, and dimensional stability
- These composites are made by combining thermosetting resins (like epoxy, polyester, and phenolic resins) with reinforcing fibers, offering lightweight, durable, and high-performance solutions ideal for demanding applications such as aircraft panels, automotive body parts, circuit boards, and building facades
- The demand for thermoset composites is significantly driven by increasing urbanization and infrastructure development, the growing need for lightweight and fuel-efficient vehicles, and the expansion of wind energy projects, along with a rising emphasis on corrosion-resistant and low-maintenance materials across industries
Report Scope and Thermoset Composites Market Segmentation
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Attributes |
Thermoset Composites Key Market Insights |
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Countries Covered |
North America
Europe
Asia-Pacific
Middle East and Africa
South America
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Key Market Players |
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Market Opportunities |
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Value Added Data Infosets |
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, pricing analysis, brand share analysis, consumer survey, demography analysis, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework. |
Thermoset Composites Market Trends
“Rising Shift Toward Lightweight and High-Strength Composite Materials”
- Manufacturers are increasingly investing in lightweight, high-performance thermoset composites that offer enhanced mechanical properties, corrosion resistance, and extended lifespan, especially for use in automotive, aerospace, and wind energy sectors.
- Innovation in resin technologies—such as the development of high-temperature-resistant epoxies and low-VOC polyester resins—is driving the market toward more sustainable and application-specific composite solutions.
- For instance, in January 2024, Hexcel Corporation introduced a new generation of epoxy-based thermoset composites designed for aerospace interiors, offering reduced weight and enhanced fire resistance.
- This trend aligns with the global push for energy-efficient materials, reducing carbon footprints while maintaining structural integrity and performance across demanding applications.
Thermoset Composites Market Dynamics
Driver
“Expanding Application of Thermoset Composites in Automotive and Wind Energy Sectors”
- The increased adoption of thermoset composites in vehicle manufacturing is driven by their lightweight nature and structural rigidity, aiding in fuel efficiency and emissions reduction
- In the wind energy sector, these composites are essential for producing large, durable, and weather-resistant turbine blades that ensure long-term operational performance
- For example, in March 2024, LM Wind Power expanded its production of epoxy-based thermoset blades for offshore wind projects, boosting demand for high-performance composite materials
- The growing emphasis on renewable energy infrastructure and lightweight transport solutions continues to boost the global demand for thermoset composites
Opportunity
“Integration of Thermoset Composites in Infrastructure and Electronics”
- The construction industry is increasingly turning to thermoset composites for corrosion-resistant pipelines, rebar, and architectural panels, which reduce maintenance costs and extend service life
- In electronics, thermoset composites are being utilized for printed circuit boards (PCBs), insulating components, and casings due to their electrical insulating properties and thermal stability
- For instance, in February 2024, SABIC launched a thermoset composite-grade epoxy for use in electronic substrates, offering better heat resistance and electrical insulation
- As demand grows for smart infrastructure and durable electronic components, thermoset composites are positioned to capture more applications across these rapidly evolving sectors
Restraint/Challenge
“Recycling Limitations and High Processing Costs”
- Thermoset composites, once cured, cannot be remelted or reshaped, which presents significant challenges in recycling and end-of-life disposal, limiting their adoption in circular economy models
- The complex manufacturing processes, including precise resin-fiber ratios and curing cycles, contribute to higher production costs and limit scalability, especially in price-sensitive markets
- According to a 2023 report by CompositesWorld, the average production cost of aerospace-grade thermoset composites is 30–50% higher than conventional alternatives due to stringent material specifications
- Additionally, the lack of standardized recycling technologies and limited availability of skilled technicians in developing regions remain key obstacles to broader market penetration
Thermoset Composites Market Scope
The market is segmented on the basis of product, raw material, and application.
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Segmentation |
Sub-Segmentation |
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By Fibre Type |
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By Resin Type |
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By Manufacturing Process |
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By End-Use |
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Thermoset Composites Market Regional Analysis
“Asia-Pacific is the Dominant Region in the Thermoset Composites Market”
- Asia-Pacific leads the Global Thermoset Composites Market, supported by its robust manufacturing ecosystem, rapid industrial growth, and strong demand from end-use sectors such as automotive, construction, marine, and electronics
- Accelerated infrastructure development and a rising need for composite materials in the automotive and building industries are major growth drivers in the region
- Countries like China, India, and Japan serve as key markets due to the presence of major chemical manufacturers, favorable government policies, and efficient supply chain networks
- Additionally, the cost efficiency and high mechanical strength of thermoset composites are encouraging their widespread use across industries in the region
“North America is Projected to Register the Highest Growth Rate”
- North America is anticipated to witness the fastest growth in the thermoset composites market, driven by advanced resin technologies and rising demand for lightweight, durable materials in automotive, aerospace, and construction sectors
- The U.S. is a key contributor, supported by a well-established industrial base, innovative production capabilities, and significant consumption of high-performance resins in automotive and marine applications
- Enhanced research and development investments, along with the presence of major players like Dow, BASF, Huntsman, and 3M, continue to fuel regional market expansion
Thermoset Composites Market Share
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.
The Major Market Leaders Operating in the Market Are:
- Owens Corning.
- TORAY INDUSTRIES, INC.
- JEC Group.
- Hexcel Corporation
- Mitsubishi Chemical Corporation.
- Teijin Aramid B.V.
- SGL Carbon
- Huntsman International LLC.
- Arkema
- PPG Industries, Inc.
- Solvay
- TAEKWANG INDUSTRIAL CO., LTD.
- Carbon Mods
- Hexion.
- Johns Manville.
- AGY
- Quantum Composites
- Plasan Carbon Composites
- Gaffco Ballistics
- KINECO – KAMAN
Latest Developments in Global Thermoset Composites Market
- In March 2024, Hexcel Corporation announced the expansion of its carbon fiber and prepreg production capacity at its plant in Utah, USA. This move aims to meet the rising demand for high-performance thermoset composites used in aerospace and defense applications, particularly for lightweight structural components
- In October 2023, SGL Carbon inaugurated a new composite production line in Germany focused on thermoset-based materials for automotive and industrial applications. This investment is part of the company’s broader strategy to increase output of glass and carbon fiber-reinforced thermoset composites, supporting the shift towards lightweight mobility solutions and renewable energy infrastructure
- In February 2024, Toray Industries, Inc. launched a new line of high-heat-resistant epoxy thermoset composites targeting electric vehicle (EV) battery enclosures and underbody protection systems. The new materials offer enhanced fire resistance and mechanical integrity, supporting the growing demand for safer, lightweight EV components.
- In September 2023, Owens Corning expanded its glass fiber reinforcement capacity in India to support increasing regional demand for thermoset composites in infrastructure and wind energy applications. The expansion aims to improve supply chain responsiveness and promote sustainable construction materials in Asia-Pacific markets.
- In May 2023, Huntsman Corporation unveiled its latest Araldite thermoset resin system designed for fast-curing industrial applications, including aerospace interiors, marine structures, and consumer goods. The system improves productivity by reducing curing time while maintaining high mechanical performance and chemical resistance.
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Frequently Asked Questions
全球热能复合产品市场规模在2024年的价值为18.17亿美元。
全球热能复合产品市场将在2025至2032年的预测期间以6.5%的CAGR增长。
根据纤维类型、树脂类型、制造工艺和最终用途,热相集复合材料市场分为四个显著部分。 根据纤维类型,热相集复合材料市场被分割成玻璃纤维热相集复合材料,碳纤维热相集复合材料等纤维复合材料. 根据树脂类型,热聚物复合物市场被分出为聚酯树脂,乙烯酯树脂,环氧树脂,苯丙酸树脂,聚氨酯树脂等热聚物树脂. 以制造工艺为基础,将热相集复合材料市场分出出铺设工艺,丝接取风工艺,注入工艺,压缩模具工艺,注入模具工艺,脉冲工艺等. 热器复合材料市场也根据最终用于航空航天和国防、风能、运输、体育用品、海洋、建筑和基础设施、管道和罐体、电气和电子等而分化。
Owens Corning、TORAY Industries Inc.、JEC集团、Hexcel公司、三菱化学公司等公司是热量复合产品市场的主要公司。
热集复合材料市场覆盖的国家有:美国、加拿大、墨西哥、德国、瑞典、波兰、丹麦、意大利、英国、法国、西班牙、内特兰、比利时、瑞士、土耳其、俄罗斯、欧洲其余地区、日本、中国、印度、韩国、新西兰、越南、澳大利亚、新加坡、马来西亚、泰国、印度尼西亚、菲律宾、亚太其余地区、巴西、阿根廷、南美洲其余地区、阿拉伯联合酋长国、沙特阿拉伯、阿曼、卡塔尔、科威特、南非、中东其余地区和非洲。
Owens Corning、TORAY Industries Inc.、JEC集团、Hexcel公司、三菱化学公司等公司是热量复合产品市场的主要公司。
2024年3月,Hexcel Corporation推出了以航空航天应用为目标的新高强度环氧复合线.
2024年2月,托雷工业公司推出了为电动车辆电池系统所设计的耐热热集热复合材料.
2023年5月,亨特斯曼公司发布了新的"咸德地热集成树脂"系统,用于快取工业用途.
热集复合材料市场覆盖的国家有:美国、加拿大、墨西哥、德国、瑞典、波兰、丹麦、意大利、英国、法国、西班牙、内特兰、比利时、瑞士、土耳其、俄罗斯、欧洲其余地区、日本、中国、印度、韩国、新西兰、越南、澳大利亚、新加坡、马来西亚、泰国、印度尼西亚、菲律宾、亚太其余地区、巴西、阿根廷、南美洲其余地区、阿拉伯联合酋长国、沙特阿拉伯、阿曼、卡塔尔、科威特、南非、中东其余地区和非洲。
Owens Corning、TORAY Industries Inc.、JEC集团、Hexcel公司、三菱化学公司等公司是热量复合产品市场的主要公司。
2024年3月,Hexcel Corporation推出了以航空航天应用为目标的新高强度环氧复合线.
2024年2月,托雷工业公司推出了为电动车辆电池系统所设计的耐热热集热复合材料.
2023年5月,亨特斯曼公司发布了新的"咸德地热集成树脂"系统,用于快取工业用途.
热集复合材料市场覆盖的国家有:美国、加拿大、墨西哥、德国、瑞典、波兰、丹麦、意大利、英国、法国、西班牙、内特兰、比利时、瑞士、土耳其、俄罗斯、欧洲其余地区、日本、中国、印度、韩国、新西兰、越南、澳大利亚、新加坡、马来西亚、泰国、印度尼西亚、菲律宾、亚太其余地区、巴西、阿根廷、南美洲其余地区、阿拉伯联合酋长国、沙特阿拉伯、阿曼、卡塔尔、科威特、南非、中东其余地区和非洲。
亚太区域是全球热能复合产品市场中增长最快的区域,原因是迅速城市化、基础设施发展以及汽车和风能部门的需求增加。
主要趋势包括高温和耐火热器材料的进步,可再生能源(特别是风力涡轮机)的集成程度提高,以及转向可回收和低排放复合技术。
推动热相集复合材料市场增长的主要因素是对轻量级和耐用材料的需求、风能和航空航天部门的扩大以及新兴经济体基础设施的日益发展。
主要挑战包括再循环限制、生产和加工成本高以及制造高性能复合材料的技术复杂性。
预计Epoxy树脂段将在2025年以31.5%的比例占据市场主导地位,因为它在航空航天、汽车和电子应用领域广泛使用,其动力是它的强粘合剂、化学阻力和热稳定性。
美国预计将主宰全球热能复合产品市场,特别是在北美地区。 这种支配地位归因于已建立的航空航天、汽车和建筑业,以及主要复合材料制造商的存在。
由于工业基础设施强大、航空航天和国防投资高,以及日益采用轻量级复合材料,北美预计将主宰全球热能复合产品市场。
印度预计将在热集复合材料市场上看到最高的CAGR。 这一增长的驱动力是制造业能力的增长、基础设施投资以及汽车和建筑部门对复合材料的使用增加。
主要挑战包括再循环限制、生产和加工成本高以及制造高性能复合材料的技术复杂性。
预计Epoxy树脂段将在2025年以31.5%的比例占据市场主导地位,因为它在航空航天、汽车和电子应用领域广泛使用,其动力是它的强粘合剂、化学阻力和热稳定性。
