Global Automotive Composite Market Size & Outlook, 2026-2033
Global automotive composite market, 2021-2033 (US$M)
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Global automotive composite market highlights
- The global automotive composite market generated a revenue of USD 22,468.4 million in 2025 and is expected to reach USD 36,134.1 million by 2033.
- The market is expected to grow at a CAGR (2026 - 2033) of 6.2% by 2033.
- In terms of segment, polymer matrix composites accounted for a revenue of USD 17,708.7 million in 2025.
- Metal Matrix Composites is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2025.
- Country-wise, India is expected to register the highest CAGR from 2026 to 2033.
Global data book summary
| Market revenue in 2025 | USD 22,468.4 million |
| Market revenue in 2033 | USD 36,134.1 million |
| Growth rate | 6.2% (CAGR from 2026 to 2033) |
| Largest segment | Polymer matrix composites |
| Fastest growing segment | Metal Matrix Composites |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ceramic Matrix Composites, Metal Matrix Composites, Polymer Matrix Composites |
Other key industry trends
- In terms of revenue, the North America accounted for 20.3% of the global automotive composite market in 2025.
- By country, the China is projected to lead the global market in terms of revenue in 2033.
- By country, India is the fastest growing regional market and is projected to reach USD 3,130.6 million by 2033.
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Automotive Composite Market Scope
Automotive Composite Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Formaplex | View profile | 501-1000 | Havant, Hampshire, United Kingdom, Europe | https://www.formaplex.com/ |
| Revchem Composites | View profile | 101-250 | Bloomington, California, United States, North America | http://revchem.com |
| IDI Composites International, Inc. | View profile | 251-500 | Noblesville, Indiana, United States, North America | http://idicomposites.com |
| GMS Composites | View profile | 11-50 | Oakleigh, Victoria, Australia, Oceania | https://www.gmscomposites.com |
| Plasan Carbon Composites | View profile | 501-1000 | Walker, Michigan, United States, North America | http://www.PlasanCarbon.com |
| TPI Composites Inc | View profile | 12300 | 9200 East Pima Center Parkway, Suite 250, Scottsdale, AZ, United States, 85258 | https://www.tpicomposites.com |
| Berkshire Hathaway Inc Class A | View profile | 396500 | 3555 Farnam Street, Omaha, NE, United States, 68131 | https://www.berkshirehathaway.com |
| Owens-Corning Inc | View profile | 18000 | One Owens Corning Parkway, Toledo, OH, United States, 43659 | https://www.owenscorning.com |
| Mitsubishi Chemical Group Corp | View profile | 74632 | 1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8251 | https://www.mcgc.com |
| Solvay SA | View profile | 9000 | Rue De Ransbeek, 310, Brussels, Belgium, B-1120 | https://www.solvay.com |
| SGL Group | View profile | 11-50 | Adelaide, South Australia, Australia, Oceania | https://www.sglgroup.net |
| Gurit | View profile | 5001-10000 | Zürich, Zurich, Switzerland, Europe | http://www.gurit.com/ |
| Hexcel Corp | View profile | 5590 | 281 Tresser Boulevard, Two Stamford Plaza, 16th Floor, Stamford, CT, United States, 06901 | https://www.hexcel.com |
| Teijin Ltd | View profile | 24499 | 6-7, Minami Hommachi 1-chome, Chuo-ku, Osaka, Japan, 541-8587 | http://www.teijin.co.jp |
| 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 |
Global automotive composite 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 automotive composite market will help companies and investors design strategic landscapes.
Polymer matrix composites was the largest segment with a revenue share of 78.82% in 2025. Horizon Databook has segmented the Global automotive composite market based on ceramic matrix composites, metal matrix composites, polymer matrix composites covering the revenue growth of each sub-segment from 2021 to 2033.
- Global Automotive Composite Product Outlook (Revenue, USD Million, 2021-2033)
- Ceramic Matrix Composites
- Polymer Matrix Composites
- Glass Fiber Reinforced Polymer Composite
- Natural Fiber Reinforced Polymer Composite
- Carbon Fiber Reinforced Polymer Composite
- Metal Matrix Composites
- Global Automotive Composite Application Outlook (Revenue, USD Million, 2021-2033)
- Structural & Powertrain Components
- Others
- Interior Components
- Exterior Components
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Horizon Databook provides a detailed overview of global-level data and insights on the Global automotive composite market , including forecasts for subscribers. This global databook contains high-level insights into Global automotive composite market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
Global automotive composite market size, by regions, 2021-2033 (US$M)
Top 10 countries: Automotive composite market size, 2025 (US$M)
Global automotive composite market share, by product, 2025 & 2033 (%, US$M)
Automotive composite market: Opportunity assessment by country
Global automotive composite market, by region, 2025 (US$M)
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