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US Advanced Composites Market

ID: MRFR/CnM/11418-CR
100 Pages
Garvit Vyas
December 2023

US Advanced Composites Market Research Report Information by Resin Type {Advanced Thermosetting Resin (Epoxy, Acrylic, Phenolic, Polyurethane, Vinyl Ester, and Others), Advanced Thermoplastic Resin [Polyphenylene Sulfide (PPS), Polyetherimide (PEI), Polyetheretherketone (PEEK)], and Others}, Fiber Type (Carbon Fiber Composites, Aramid Fiber Composites, S-Glass Composites), Application (Aerospace & Defense, Wind Energy, Automotive, Sports Equipment, Consumer Goods, Construction, Medical), and Region - Market Forecast till 2035

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US Advanced Composites Market Infographic
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US Advanced Composites Market Summary

The US Advanced Composites Market is projected to grow significantly from 30.5 USD Billion in 2024 to 60.2 USD Billion by 2035.

Key Market Trends & Highlights

US Advanced Composites Market Key Trends and Highlights

  • The market is expected to achieve a compound annual growth rate (CAGR) of 6.38 percent from 2025 to 2035.
  • By 2035, the market valuation is anticipated to reach 60.2 USD Billion, indicating robust growth potential.
  • In 2024, the market is valued at 30.5 USD Billion, reflecting a strong foundation for future expansion.
  • Growing adoption of advanced materials due to increased demand for lightweight and high-strength components is a major market driver.

Market Size & Forecast

2024 Market Size 30.5 (USD Billion)
2035 Market Size 60.2 (USD Billion)
CAGR (2025 - 2035) 6.38%

Major Players

Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)

Key Companies in the US Advanced Composites Market market include

Report Scope

Report Attribute/Metric Details
Market Size 2021 6,841.5 Thousand Tons
Market Size 2022 7,318.9 Thousand Tons
Market Size 2030 13,297.8 Thousand Tons
Compound Annual Growth Rate (CAGR) 6.26% (2022-2030)
Base Year 2021
Forecast Period 2022-2030
Historical Data 2019 & 2020
Forecast Units Volume (Thousand Tons)
Report Coverage Volume Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered Resin Type, Fiber Type, Product Type, Application, and Region
Geographies Covered North America, Europe, Asia Pacific, Middle East, Latin America, and Africa
Countries Covered The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, Brazil, and Others
Key Companies Profiled BASF, DowDuPont, Lanxess, SABIC, DSM, Celanese, PolyOne, Solvay, Toray, Teijin Limited, Mitsubishi Chemical, Arkema, SGL Carbon, Hexcel, and RTP Company
Key Market Opportunities Widening Scope of Application in the Healthcare Sector
Key Market Dynamics Growing Focus on Lightweight in Automotive Industry Growth Adoption in Aerospace Industry

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