The composites market size is USD 84.5 Bn in 2026.
The composites market is projected to grow at a CAGR of 7% by 2033.
The composites market growth drivers include lightweighting demand, superior strength-to-weight ratio, and rising adoption in automotive, wind energy, and construction industries.
Asia Pacific is the dominating region for the composites market.
Toray Industries, Owens Corning, Hexcel Corporation, Teijin Limited, and Solvay S.A. are some leading industry players in the composites market.