Global Advanced Polymer Composites Market Size & Outlook

The global advanced polymer composites market size was estimated at USD 11,204.8 million in 2024 and is projected to reach USD 14,683.9 million by 2030, growing at a CAGR of 4.7% from 2025 to 2030.
Revenue, 2024 (US$M)
$11,204.8
Forecast, 2030 (US$M)
$14,683.9
CAGR, 2025 - 2030
4.7%
Report Coverage
Worldwide

Global advanced polymer composites market highlights

  • The global advanced polymer composites market generated a revenue of USD 11,204.8 million in 2024 and is expected to reach USD 14,683.9 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 4.6% by 2030.
  • In terms of segment, fiber accounted for a revenue of USD 5,925.1 million in 2024.
  • Fiber is the most lucrative material segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2024.
  • Country-wise, India is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 11,204.8 million
Market revenue in 2030USD 14,683.9 million
Growth rate4.6% (CAGR from 2025 to 2030)
Largest segmentFiber
Fastest growing segmentFiber
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationResin, Fiber

Other key industry trends

  • In terms of revenue, the North America accounted for 23.1% of the global advanced polymer composites market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, India is the fastest growing regional market and is projected to reach USD 208.3 million by 2030.

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Advanced Polymer Composites Market Companies

Name Profile # Employees HQ Website
Owens Corning View profile 10001+ Toledo, Ohio, United States, North America http://www.owenscorning.com/
3B Fiberglass View profile 501-1000 Herve, Liege, Belgium, Europe https://www.3b-fibreglass.com/
TenCate View profile 501-1000 Almelo, Overijssel, The Netherlands, Europe http://www.tencate.com
Cytec Industries View profile 1001-5000 Little Falls, New Jersey, United States, North America http://cytec.com
SGL Group View profile 11-50 Adelaide, South Australia, Australia, Oceania https://www.sglgroup.net
Hexcel Corp View profile 5590 281 Tresser Boulevard, Two Stamford Plaza, 16th Floor, Stamford, CT, United States, 06901 https://www.hexcel.com
Mitsubishi Rayon View profile 5001-10000 Tokyo, Tokyo, Japan, Asia http://www.mitsubishichem-hd.co.jp/english/group/group_outline/rayon.html
Toray Industries Inc View profile 48682 Nihonbashi Mitsui Tower 2-1-1, Nihonbashi Muromach, Chuo-ku, Tokyo, Japan, 103-8666 http://www.toray.co.jp
Arkema SA View profile 11039 420 rue d’Estienne d’Orves, Colombes, France, 92700 https://www.arkema.com
Basf SE View profile 111855 Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 https://www.basf.com

Global advanced polymer composites market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to advanced polymer composites market will help companies and investors design strategic landscapes.


Fiber was the largest segment with a revenue share of 52.88% in 2024. Horizon Databook has segmented the Global advanced polymer composites market based on resin, fiber covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Advanced Polymer Composites Material Outlook (Revenue, USD Million, 2018-2030)
    • Resin
      • Others
      • Phenolic
      • Epoxy
      • Polyester
    • Fiber
      • Aramid Fiber
      • Glass Fiber
      • Carbon Fiber
      • Others
    • Others
  • Global Advanced Polymer Composites Application Outlook (Revenue, USD Million, 2018-2030)
    • Construction
    • Others
    • Energy
    • Aerospace & Defense
    • Automotive

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Horizon Databook provides a detailed overview of global-level data and insights on the Global advanced polymer composites market , including forecasts for subscribers. This global databook contains high-level insights into Global advanced polymer composites market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global advanced polymer composites market size, by regions, 2018-2030 (US$M)

Top 10 countries: Advanced polymer composites market size, 2024 (US$M)

Global advanced polymer composites market share, by application, 2024 & 2030 (%, US$M)

Advanced polymer composites market: Opportunity assessment by country

Global advanced polymer composites market, by region, 2024 (US$M)

Global advanced polymer composites market size, by regions, 2018-2030 (US$M)

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