The Global Composites Market Size was worth around USD 107.58 Billion in 2024 and is projected to grow from USD 115.28 Billion in 2025 to around USD 229.98 Billion by 2035 at a compound annual growth rate (CAGR) of 7.15% during the forecast period (2025–2035). One of the key opportunities is the automotive and aerospace manufacturers which are being pushed to switch from metals to lighter composites due to increased regulatory pressure to reduce emissions and improve fuel efficiency the expansion of wind energy and renewable infrastructure necessitates large, durable composite structures manufacturing advancements such as automated fiber placement, resin transfer molding, and 3D printing are reducing costs and sustainability trends are increasing demand for recyclable.
According to a research report published by Spherical Insights and Consulting, The Global Composites Market Size was worth around USD 107.58 Billion in 2024 and is projected to grow from USD 115.28 Billion in 2025 to around USD 229.98 Billion by 2035 at a compound annual growth rate (CAGR) of 7.15% during the forecast period (2025–2035).