As per MRFR analysis, the US Automotive Composites Market Size was estimated at 1.19 (USD Billion) in 2023. The US Automotive Composites Market Industry is expected to grow from 1.5(USD Billion) in 2024 to 3.5 (USD Billion) by 2035. The US Automotive Composites Market CAGR (growth rate) is expected to be around 8.007% during the forecast period (2025 - 2035).
Key US Automotive Composites Market Trends Highlighted
The US Automotive Composites Market is witnessing significant trends driven by the growing demand for lightweight materials and the need for increased fuel efficiency among vehicles. Automakers in the US are increasingly incorporating composites to reduce weight without sacrificing strength, aligning with both environmental regulations and consumer preferences for fuel-efficient options. Additionally, advancements in composite materials, such as carbon fiber and glass fiber, are enabling manufacturers to enhance vehicle performance and safety. Opportunities in the US market are prominent, particularly with the electrification of vehicles. As electric vehicle production ramps up, the demand for lightweight components that can help improve battery efficiency is on the rise.Furthermore, the ongoing push for sustainability leads manufacturers to explore bio-based composites, which appeal to eco-conscious consumers. The support from government initiatives aimed at reducing carbon footprints is also propelling the integration of composite materials into the automotive sector. Trends in recent times highlight a shift towards automation and advances in manufacturing technologies, such as 3D printing and automated fiber placement, which are facilitating the efficient production of complex composite components. The rise in partnerships between automotive companies and composite material suppliers is enhancing innovation and reducing production costs.Overall, these trends indicate a dynamic landscape in the US Automotive Composites Market, characterized by technological advancements, regulatory support, and a clear direction towards sustainability and performance enhancement in vehicle design.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
US Automotive Composites Market Drivers
Increasing Demand for Lightweight Materials in Automotive Manufacturing
The demand for lightweight materials in the US Automotive Composites Market Industry is significantly increasing due to stringent fuel efficiency regulations and consumer preferences for eco-friendly vehicles. The United States Environmental Protection Agency (EPA) has established regulations such as the Corporate Average Fuel Economy (CAFE) standards, which target an average fuel economy of 54.5 miles per gallon for cars and light trucks by 2025.This overarching regulation is driving automotive manufacturers to adopt composite materials that are substantially lighter than traditional materials like metals. According to estimates, using automotive composites can reduce vehicle weight by up to 50 percent, which directly correlates to improved fuel efficiency and reduced emissions. Prominent manufacturers such as Ford Motor Company and General Motors are actively incorporating composite materials into their vehicle designs, contributing to the overall growth of the US Automotive Composites Market.
Technological Advancements in Composite Manufacturing
Technological advancements in the manufacturing processes of composite materials have greatly enhanced the efficiency and cost-effectiveness of production in the US Automotive Composites Market Industry. Innovations such as automated fiber placement and advanced resin infusion techniques are being developed and implemented, leading to improved quality and performance characteristics in composites. A report from the American Composites Manufacturers Association indicates that these advancements have led to an estimated 20 percent reduction in production costs and a 30 percent improvement in production speed for composite parts.Major companies like Boeing and Hexcel Corporation are pioneering these technologies, which influence automotive applications and consequently impact the growth trajectory of the composite materials sector.
Growing Electric Vehicle (EV) Market
The rapid expansion of the electric vehicle market in the United States is significantly driving the demand for automotive composites alongside the increasing emphasis on weight reduction to enhance battery range. The United States Department of Energy reports that electric vehicle sales have surged, with over 6.5 percent of total vehicle sales in 2021 being EVs. Furthermore, projections suggest that electric vehicle sales in the United States could reach over 40 percent by 2030.Automakers are leveraging composite materials for their lightweight properties, which can substantially improve the range and efficiency of electric vehicles. Companies like Tesla and Rivian are leading the way in integrating high-performance composites into their electric vehicle designs, stimulating growth in the US Automotive Composites Market.
US Automotive Composites Market Segment Insights:
Automotive Composites Market Fiber Type Insights
The Fiber Type segment within the US Automotive Composites Market showcases a prominent distinction with its focus on materials that play a vital role in enhancing vehicle performance and sustainability. As the automotive industry increasingly prioritizes lightweight materials for improving fuel efficiency and reducing emissions, fibers such as Glass Fiber and Carbon Fiber have emerged as key components in vehicle manufacturing. Glass Fiber is recognized for its excellent strength-to-weight ratio, which allows for significant weight reduction in vehicles while providing ample electrical insulation. This characteristic has made it particularly valuable for applications in body panels, interior components, and reinforcement structures, contributing to the overall durability and structural integrity of automotive designs. On the other hand, Carbon Fiber stands out due to its superior strength and stiffness compared to traditional materials, which enhances vehicle performance and responsiveness during operation. Its lightweight nature not only aids in weight reduction but also positively influences various vehicular systems, leading to enhanced fuel efficiency and reduced carbon footprints. The continued value of Carbon Fiber in high-performance and luxury vehicles is noteworthy, as manufacturers aim to adopt advanced materials that not only meet consumer demands for sustainability but also offer competitive advantages in speed and agility. Both Glass Fiber and Carbon Fiber are pivotal in driving technological innovations in the automotive sector. Factors such as the increasing adoption of electric vehicles and stringent governmental regulations on emissions are pushing manufacturers to explore composite materials to align with market trends. As a result, these fibers have gained traction within the US Automotive Composites Market, establishing themselves as essential components that support both functionality and environmental responsibility. The market growth surrounding these fibers can be attributed to their ability to meet evolving consumer preferences while adhering to regulations aimed at reducing automotive emissions, thus highlighting their critical role in the ongoing transformation of the automotive landscape in the US.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Automotive Composites Market Manufacturing Process Insights
The Manufacturing Process segment within the US Automotive Composites Market is pivotal, encompassing various methods that significantly influence production efficiency, cost-effectiveness, and material performance. Compression Molding is a popular choice, as it facilitates the manufacturing of large, complex parts with minimal waste, making it an efficient option for automotive applications. Injection Molding, on the other hand, is known for its ability to produce high-precision components at a rapid pace, thus supporting the automotive industry's demand for volume and consistency in part quality.Resin Transfer Molding serves as a critical method as well, particularly for creating intricate structures with enhanced mechanical properties. The combination of these methods allows manufacturers to optimize their production capabilities, aligning with market trends focused on sustainable practices and lightweight materials. The significance of these processes is underscored by their contribution to improving the overall performance and safety of automobiles while addressing the industry's growing commitment to reducing emissions and fuel consumption.As the US Automotive Composites Market continues to evolve, advancements in manufacturing techniques and materials will likely play an essential role in shaping the industry's future.
Automotive Composites Market Application Insights
The US Automotive Composites Market, particularly within the Application segment, showcases a dynamic landscape driven by diverse factors. The market comprises areas critical to vehicle functionality and aesthetics, such as Exterior, Interior, and Powertrain applications. The importance of Exterior components lies in their ability to enhance vehicle lightweighting while improving fuel efficiency and reducing emissions, which aligns with increasing regulatory standards in the US. Interior applications focus on delivering enhanced safety and comfort, catering to consumer demand for advanced technology and design in modern vehicles.Additionally, Powertrain applications play a significant role in optimizing engine efficiency and performance, contributing to the market's overall sustainability goals. This segment continues to thrive as the automotive industry shifts towards electric vehicles, necessitating innovative composite materials that can withstand high performance while minimizing weight. As the market progresses, growth drivers include heightened demand for sustainable practices and advancements in composite manufacturing technologies, presenting opportunities for innovation and expansion within the US Automotive Composites Market.The ongoing evolution of consumer preferences further shapes this market, making it vital for stakeholders to stay informed on trends and opportunities to remain competitive.
US Automotive Composites Market Key Players and Competitive Insights:
The US Automotive Composites Market is experiencing significant growth as the automotive industry pivots towards lightweight materials to enhance vehicle efficiency and sustainability. The integration of composites such as carbon fiber, glass fiber, and natural fiber into vehicle construction is reshaping design and functionality while maintaining durability and reducing weight. This evolution is driven by regulatory pressures for improved fuel economy and decreasing carbon emissions, compelling manufacturers to explore innovative materials that meet stringent safety and performance standards. The competitive landscape is a mix of established players and new entrants, each leveraging technology and research to yield advanced composite materials that cater to changing consumer demands and market trends.PROCOMPOSITES stands as a formidable player in the US Automotive Composites Market, known for its innovative solutions that enhance vehicle performance through weight reduction and increased fuel efficiency.
The company's strengths lie in its robust R&D capabilities, enabling the development of cutting-edge composite materials tailored to automotive applications. With a focus on sustainability, PROCOMPOSITES prioritizes the use of eco-friendly materials without compromising quality, thus appealing to environmentally conscious manufacturers. By establishing strong partnerships across the supply chain, PROCOMPOSITES has effectively positioned itself as a trusted provider in the market, enhancing its competitive edge and ensuring a resilient presence amid evolving industry challenges.BASF commands a significant position in the US Automotive Composites Market, offering a diverse portfolio of products and solutions tailored to the automotive sector. The company is recognized for its advanced polymers, resins, and additives that enhance the performance and aesthetics of automotive composites.
BASF's commitment to innovation is underscored by its extensive research initiatives that frequently result in the introduction of novel composite technologies, ensuring the company stays at the forefront of industry advancements. Furthermore, BASF has been actively involved in strategic mergers and acquisitions, expanding its capabilities and market reach within the US. This approach not only strengthens its product offerings but also reinforces its dedication to sustainability and circular economy practices, making it a robust competitor in the ever-evolving automotive composites domain.
Key Companies in the US Automotive Composites Market Include:
PROCOMPOSITES
BASF
DSM
Owens Corning
Mitsubishi Chemical
SABIC
Toray Industries
Covestro
Zoltek
Allied Composite Technologies
DuPont
Solvay
Continental Structural Plastics
Teijin
Hexcel
US Automotive Composites Market Industry Developments
The US Automotive Composites Market has recently experienced significant developments, particularly regarding advancements in manufacturing technologies and material applications. Companies like BASF and DuPont are focusing on innovations in lightweight materials to enhance fuel efficiency and reduce emissions in vehicles. Notably, in June 2023, Owens Corning announced a joint venture with Mitsubishi Chemical to produce advanced composite materials, paving the way for sustainable automotive applications. In the area of mergers and acquisitions, Covestro announced in August 2023 their intention to acquire certain assets from Allied Composite Technologies, aimed at expanding their composite solutions portfolio. Furthermore, Toray Industries is investing heavily in Research and Development to create more efficient carbon fiber materials, addressing the increasing demand for electric vehicles. The overall market valuation of the US Automotive Composites sector has seen a remarkable growth of approximately 8% annually over the past two years, reflective of the increasing emphasis on lightweight and sustainable components in automotive design. This trend is being supported by government initiatives aimed at promoting eco-friendly manufacturing practices. As a result, there is a significant push towards incorporating composite materials in new automotive designs to improve performance and environmental sustainability.
US Automotive Composites Market Segmentation Insights
Automotive Composites Market Fiber Type Outlook
Glass Fiber
Carbon Fiber
Automotive Composites Market Manufacturing Process Outlook
Compression Molding
Injection Molding
Resin Transfer Molding
Automotive Composites Market Application Outlook
Exterior
Interior
Powertrain
Report Scope:| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 1.19(USD Billion) |
| MARKET SIZE 2024 | 1.5(USD Billion) |
| MARKET SIZE 2035 | 3.5(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 8.007% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | PROCOMPOSITES, BASF, DSM, Owens Corning, Mitsubishi Chemical, SABIC, Toray Industries, Covestro, Zoltek, Allied Composite Technologies, DuPont, Solvay, Continental Structural Plastics, Teijin, Hexcel |
| SEGMENTS COVERED | Fiber Type, Manufacturing Process, Application |
| KEY MARKET OPPORTUNITIES | Lightweight materials demand, Electric vehicle components, Sustainable composite solutions, 3D printing advancements, Enhanced fuel efficiency solutions |
| KEY MARKET DYNAMICS | Lightweight materials demand, Environmental regulations influence, Advanced manufacturing techniques adoption, Rising fuel efficiency standards, Cost reduction initiatives |
| COUNTRIES COVERED | US |
Frequently Asked Questions (FAQ) :
The US Automotive Carbon Fiber Composites Market is expected to be valued at 5.0 USD Billion by 2024.
By 2035, the market is projected to reach a value of 10.0 USD Billion.
The expected CAGR for the US Automotive Carbon Fiber Composites Market from 2025 to 2035 is 6.504%.
Key players in the market include Toyota Motor Corporation, Mitsubishi Chemical Holdings, Hexcel Corporation, and Tesla Inc, among others.
The market value for the Hand Layup production type in 2024 is estimated at 1.0 USD Billion.
The market value for Resin Transfer Molding is expected to reach 2.5 USD Billion by 2035.
Injection Molding has the highest market value of 1.3 USD Billion in 2024.
The market value for Vacuum Infusion Processing is expected to grow from 1.1 USD Billion in 2024 to 2.2 USD Billion in 2035.
Yes, Compression Molding is projected to grow from 0.4 USD Billion in 2024 to 0.6 USD Billion by 2035.
Key trends include increased demand for lightweight materials and advancements in production technologies.
Leading companies partner with us for data-driven Insights.
Kindly complete the form below to receive a free sample of this Report
Analyst Explore the profile of garvit vyas, one of our esteemed authors at market research future, and access their expert research contributions in the field of market research and industry analysis
Get in Touch
© 2025 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)
