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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 Summary

As per analysis, the US advanced composites market is projected to grow from USD 7.94 Billion in 2025 to USD 13.5 Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 5.45% during the forecast period (2025 - 2035).

Key Market Trends & Highlights

The US advanced composites market is poised for substantial growth driven by sustainability and technological advancements.

  • The aerospace segment remains the largest contributor to the advanced composites market, reflecting its critical role in high-performance applications.
  • The automotive sector is experiencing the fastest growth in advanced composites adoption, driven by the need for lightweight materials to enhance fuel efficiency.
  • Structural components continue to dominate the market, while lightweight structures are emerging as the fastest-growing segment due to increasing demand for energy-efficient designs.
  • Key market drivers include the growing demand in the automotive sector and increased investment in aerospace applications, which are propelling advancements in composite technologies.

Market Size & Forecast

2024 Market Size 7.53 (USD Billion)
2035 Market Size 13.5 (USD Billion)
CAGR (2025 - 2035) 5.45%

Major Players

Hexcel Corporation (US), Toray Industries, Inc. (US), Teijin Limited (US), Mitsubishi Chemical Corporation (US), SABIC Innovative Plastics (US), Solvay S.A. (US), 3M Company (US), DuPont de Nemours, Inc. (US), Northrop Grumman Corporation (US)

US Advanced Composites Market Trends

The US advanced composites market is currently experiencing a notable transformation, driven by a confluence of technological advancements and increasing demand across various sectors. Industries such as aerospace, automotive, and construction are increasingly adopting advanced composite materials due to their lightweight properties and superior strength. This shift is indicative of a broader trend towards sustainability and efficiency, as manufacturers seek to reduce weight and enhance performance in their products. Furthermore, the integration of advanced composites into manufacturing processes is likely to foster innovation, leading to the development of new applications and products that were previously unattainable with traditional materials. In addition to the technological evolution, regulatory frameworks and government initiatives are playing a pivotal role in shaping the landscape of the US advanced composites market. Policies aimed at promoting the use of sustainable materials and reducing environmental impact are encouraging companies to invest in advanced composite technologies. As a result, the market is poised for growth, with an increasing number of players entering the field and existing companies expanding their capabilities. The future of the US advanced composites market appears promising, with potential for further advancements and applications that could redefine industry standards.

Sustainability Initiatives

The US advanced composites market is witnessing a growing emphasis on sustainability, driven by regulatory pressures and consumer demand for eco-friendly products. Companies are increasingly focusing on developing bio-based composites and recycling technologies to minimize environmental impact. This trend not only aligns with governmental policies aimed at reducing carbon footprints but also enhances the market's appeal to environmentally conscious consumers.

Technological Advancements

Innovations in manufacturing processes and material science are significantly influencing the US advanced composites market. The introduction of automated production techniques and advanced testing methods is enhancing the efficiency and reliability of composite materials. These technological advancements are likely to lead to the creation of new applications, particularly in high-performance sectors such as aerospace and automotive.

Increased Adoption in Aerospace

The aerospace sector is increasingly integrating advanced composites into aircraft design and manufacturing. This trend is driven by the need for lightweight materials that improve fuel efficiency and overall performance. As the US government continues to support aerospace initiatives, the demand for advanced composites is expected to rise, further solidifying their role in the industry.

Market Segment Insights

By Application: Aerospace (Largest) vs. Automotive (Fastest-Growing)

The US advanced composites market is significantly influenced by its application segments, with aerospace holding the largest market share. This segment benefits from the heightened demand for lightweight materials that improve fuel efficiency and aerodynamic performance in aircraft. Meanwhile, the automotive sector shows promising growth, driven by the increasing adoption of composites for vehicle lightweighting, which contributes to better energy efficiency and enhanced performance characteristics. The ongoing advancements in automotive technologies and rising environmental regulations further fuel this trend.

Aerospace (Dominant) vs. Automotive (Emerging)

In the aerospace sector, advanced composites dominate due to their crucial role in manufacturing components that require high strength-to-weight ratios and durability. This sector is characterized by stringent safety standards and a constant push for innovation to enhance air travel efficiency. Conversely, the automotive sector, marked as emerging, is rapidly integrating advanced composite materials as manufacturers strive to meet regulatory demands for lower emissions and fuel consumption. The rise of electric vehicles also drives innovation in composite materials, presenting opportunities for growth, as automotive firms seek to enhance performance and reduce overall vehicle weight.

By End Use: Structural Components (Largest) vs. Lightweight Structures (Fastest-Growing)

The US advanced composites market shows a diverse distribution across several end-use segments. 'Structural Components' holds the largest share, driven by its crucial role in aerospace and automotive applications which demand high performance and durability. In contrast, 'Lightweight Structures' is emerging rapidly, appealing to industries focused on enhancing fuel efficiency and reducing emissions, thus gaining significant traction among manufacturers seeking innovative materials that offer weight reduction benefits without compromising strength. Growth trends in these segments are influenced by technological advancements and the increasing emphasis on sustainability. Rising fuel prices and stringent government regulations are pushing industries toward lightweight materials, particularly in the automotive sector where every weight-saving improvement can lead to enhanced performance. Additionally, the aerospace sector continues to adopt advanced composites for structural applications to improve fuel efficiency, consolidate strength, and reduce overall production costs, showcasing a promising trajectory for these materials across various end-use applications.

Structural Components (Dominant) vs. Thermal Management (Emerging)

'Structural Components' in the US advanced composites market is characterized by its extensive usage in critical industries such as aerospace and automotive. This segment is pivotal for ensuring structural integrity and performance in applications where safety and weight are paramount. The materials used possess high strength-to-weight ratios and are engineered to withstand extreme conditions. In contrast, the 'Thermal Management' segment is emerging as industries seek advanced solutions for heat dissipation and thermal insulation, particularly in electronics and automotive applications. As thermal management systems become increasingly essential for efficient technology operations, manufacturers are innovating with composite materials designed to provide superior thermal properties, thus holding great potential for future market growth.

By Material Type: Carbon Fiber (Largest) vs. Glass Fiber (Fastest-Growing)

In the US advanced composites market, Carbon Fiber holds the largest share due to its superior strength-to-weight ratio and durability, making it a favored choice for aerospace and automotive applications. Meanwhile, Glass Fiber, although currently the second largest in terms of market share, is rapidly gaining momentum thanks to its affordability and versatility in various industries, including construction and consumer goods.

Carbon Fiber (Dominant) vs. Natural Fiber (Emerging)

Carbon Fiber remains the dominant material in advanced composites, known for its exceptional mechanical properties and performance in high-demand applications such as aerospace and high-performance automotive parts. On the other hand, Natural Fiber is emerging as a sustainable alternative, gaining traction in industries that prioritize eco-friendliness. Natural Fibers, including jute and hemp, offer lower costs and reduced environmental impact, appealing to segments of the market focused on sustainable manufacturing practices. As consumer preferences shift towards more sustainable materials, Natural Fibers are becoming increasingly relevant, showcasing significant potential for future market growth.

By Manufacturing Process: Layup (Largest) vs. Filament Winding (Fastest-Growing)

In the US advanced composites market, the manufacturing process segment is characterized by a diverse array of methods, with Layup currently holding the largest market share. This traditional method is revered for its versatility and cost-effectiveness, allowing manufacturers to create complex shapes and designs suitable for various applications. In contrast, Filament Winding is gaining traction, particularly in the production of high-strength cylindrical structures like pipes and tanks, making it the fastest-growing segment within the market. The upward trajectory of the Filament Winding process is primarily driven by increasing demand for lightweight and durable composite materials in industries such as aerospace, automotive, and construction. Additionally, advancements in technology that streamline the winding process and enhance the quality of the finished products are further propelling its growth. As manufacturers seek more efficient and lower-cost options, the adoption of Filament Winding is expected to continue its momentum alongside Layup's steady presence in the market.

Layup (Dominant) vs. Pultrusion (Emerging)

Layup is a well-established manufacturing process in the US advanced composites market, known for its adaptability and ease of use. This method allows for precise control over the fiber orientation, making it ideal for applications that require specific mechanical properties. Its dominance is attributed to wide-ranging applications across various sectors, including construction and automotive. Conversely, Pultrusion is an emerging process gaining attention for its efficiency in producing long, continuous shapes with consistent quality. By pulling composite materials through a heated die, Pultrusion reduces waste and labor costs, making it appealing for large-scale production. Although still trailing behind Layup in terms of market share, its growth potential, particularly in building and infrastructure applications, positions it as a competitive alternative.

Get more detailed insights about US Advanced Composites Market

Key Players and Competitive Insights

The advanced composites market is currently characterized by a dynamic competitive landscape, driven by innovation, sustainability, and strategic partnerships. Key players such as Hexcel Corporation (US), Toray Industries, Inc. (US), and Northrop Grumman Corporation (US) are actively shaping the market through their distinct operational focuses. Hexcel Corporation (US) emphasizes innovation in lightweight materials, particularly for aerospace applications, while Toray Industries, Inc. (US) is leveraging its extensive research capabilities to enhance the performance of composite materials. Northrop Grumman Corporation (US) is strategically positioned in defense and aerospace, focusing on advanced manufacturing techniques to improve efficiency and reduce costs. Collectively, these strategies foster a competitive environment that prioritizes technological advancement and market responsiveness.

In terms of business tactics, companies are increasingly localizing manufacturing to mitigate supply chain disruptions and optimize logistics. The market structure appears moderately fragmented, with several key players exerting considerable influence. This fragmentation allows for niche players to emerge, yet the collective strength of major companies like Solvay S.A. (US) and 3M Company (US) ensures that competition remains robust and innovation-driven.

In November 2025, Hexcel Corporation (US) announced a partnership with a leading aerospace manufacturer to develop next-generation composite materials aimed at reducing aircraft weight by 20%. This strategic move is likely to enhance Hexcel's market position by aligning with the aerospace industry's growing demand for fuel-efficient solutions. The collaboration underscores the importance of innovation in maintaining competitive advantage in a rapidly evolving market.

In October 2025, Toray Industries, Inc. (US) unveiled a new line of bio-based composites designed for automotive applications, which could potentially reduce carbon emissions by 30% during production. This initiative not only reflects Toray's commitment to sustainability but also positions the company favorably within the automotive sector, where environmental considerations are increasingly paramount. Such advancements may attract environmentally conscious consumers and manufacturers alike.

In September 2025, Northrop Grumman Corporation (US) expanded its production capabilities by investing $50 million in a state-of-the-art facility dedicated to advanced composite manufacturing. This investment is indicative of Northrop Grumman's strategy to enhance its operational efficiency and meet the rising demand for advanced materials in defense applications. The facility is expected to streamline production processes and reduce lead times, thereby strengthening the company's competitive edge.

As of December 2025, the advanced composites market is witnessing trends that emphasize digitalization, sustainability, and the integration of AI technologies. Strategic alliances are increasingly shaping the competitive landscape, enabling companies to pool resources and expertise. The shift from price-based competition to a focus on innovation and technology is evident, as firms prioritize supply chain reliability and product differentiation. Looking ahead, competitive differentiation is likely to evolve further, with companies that invest in cutting-edge technologies and sustainable practices poised to lead the market.

Key Companies in the US Advanced Composites Market market include

Future Outlook

US Advanced Composites Market Future Outlook

The US advanced composites market is projected to grow at a 5.45% CAGR from 2024 to 2035, driven by aerospace innovations, automotive lightweighting, and renewable energy applications.

New opportunities lie in:

  • Development of bio-based composite materials for sustainable applications.
  • Integration of advanced composites in electric vehicle manufacturing processes.
  • Expansion of recycling technologies for composite materials to enhance circular economy.

By 2035, the advanced composites market is expected to be robust, driven by innovation and sustainability.

Market Segmentation

US Advanced Composites Market End Use Outlook

  • Structural Components
  • Thermal Management
  • Electrical Insulation
  • Protective Equipment
  • Lightweight Structures

US Advanced Composites Market Application Outlook

  • Aerospace
  • Automotive
  • Construction
  • Marine
  • Electronics

US Advanced Composites Market Material Type Outlook

  • Carbon Fiber
  • Glass Fiber
  • Aramid Fiber
  • Natural Fiber
  • Thermoplastic Composites

US Advanced Composites Market Manufacturing Process Outlook

  • Layup
  • Filament Winding
  • Pultrusion
  • Resin Transfer Molding
  • 3D Printing

Report Scope

MARKET SIZE 20247.53(USD Billion)
MARKET SIZE 20257.94(USD Billion)
MARKET SIZE 203513.5(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)5.45% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledHexcel Corporation (US), Toray Industries, Inc. (US), Teijin Limited (US), Mitsubishi Chemical Corporation (US), SABIC Innovative Plastics (US), Solvay S.A. (US), 3M Company (US), DuPont de Nemours, Inc. (US), Northrop Grumman Corporation (US)
Segments CoveredApplication, End Use, Material Type, Manufacturing Process
Key Market OpportunitiesGrowing demand for lightweight materials in aerospace and automotive sectors drives US advanced composites market expansion.
Key Market DynamicsGrowing demand for lightweight materials drives innovation and competition in the US advanced composites market.
Countries CoveredUS

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