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Composite Material - Global Market Share and Ranking, Overall Sales and Demand Forecast 2026-2032
Industry: Service & Software
Published Date: 2026-07-15
Pages: 105 Pages
Report ld: 6973617
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Composite Material Market Size(US$)
CAGR 2026-2032
2.6%
Market Size,2032
USD 1,162
Million
Market Snapshot
Market Size in 2026 (Value)
US$ 996 million
Market Forecast in 2032(Value)
US$ 1,162 million
CAGR
2.6%
Years Considered
2021-2032
Base Year
2026
Forecast Period
2026-2032
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Composite Material was estimated to be worth US$ 974 million in 2025 and is projected to reach US$ 1162 million, growing at a CAGR of 2.6% from 2026 to 2032.
A material made up of two or more constituent materials possessing varied physical or chemical properties and is different from individual components is known as a composite material. These composites are highly used in aerospace and defense, transportation, and wind energy applications. Hence, comprehensive testing is carried out on these materials with specific standards known as composite testing. Composite testing is widely used in aerospace & defense sector to evaluate the performance and structural applications. Major commercial aircraft manufacturers such as Airbus and Boeing have developed aircraft such as Airbus A350 and Boeing 787 that constitute almost 50% of the composites in their airframe structures. Aviation giants such as National Aeronautics and Space Administration (NASA) and SpaceX widely use composite testing due to resistance fatigue & corrosion and high stiffness-to-weight ratio.
The North American market for Composite Material was valued at US$ million in 2025 and is projected to reach US$ million by 2032, at a CAGR of % from 2026 to 2032.
The Asia-Pacific market for Composite Material was valued at $ million in 2025 and is projected to climb to US$ million by 2032, at a CAGR of % from 2026 to 2032.
The European market for Composite Material was valued at $ million in 2025 and is projected to total US$ million by 2032, at a CAGR of % from 2026 to 2032.
The global key companies in the Composite Material market include Element Materials Technology, Henkel AG & CO, KGaA, Exova Group plc, Westmoreland Mechanical Testing & Research Inc, Instron, Matrix Composite Inc, ETIM Composites Testing Laboratory, Mistras Group Inc, Intertek Group plc, etc. In 2025, the five largest players accounted for approximately % of revenue.
This report provides a comprehensive view of the global market for Composite Material, covering total sales revenue, the market share and ranking of key companies, along with analyses by region & country, by Type, and by Application.
The Composite Material market size, estimations, and forecasts are presented in terms of sales revenue ($ millions), with 2025 as the base year and historical and forecast data from 2021 to 2032. The report combines quantitative and qualitative analysis to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current marketplace, and make informed business decisions regarding Composite Material.
MARKET SEGMENTATION
By Company
- Element Materials Technology
- Henkel AG & CO
- KGaA
- Exova Group plc
- Westmoreland Mechanical Testing & Research Inc
- Instron
- Matrix Composite Inc
- ETIM Composites Testing Laboratory
- Mistras Group Inc
- Intertek Group plc
Consumption by Region
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Segment by Type
- Polymer Matrix Composites
- Continuous Fiber Composites
- Ceramic Matrix Composites
- Discontinuous Fiber Composites
- Others
Segment by Application
- Sporting Goods
- Aerospace & Defense
- Electrical & Electronics
- Wind Energy
- Building & Construction
- Transportation
- Others
CHAPTER OUTLINE
Chapter 1: Introduces the scope of the report and the global market size (value). It also summarizes market dynamics and recent developments; identifies key drivers and restraints; outlines challenges and risks for players; reviews relevant industry policies.
Chapter 2: Provides a detailed analysis of the Composite Material companies' competitive landscape—including revenue shares, recent development plans, and mergers and acquisitions (M&A).
Chapter 3: Analyzes market segmentation by Type, presenting the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 4: Analyzes market segmentation by Application, presenting the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 5: Presents Composite Material revenue at the regional level. It offers a quantitative assessment of market size and growth potential by region and summarizes market development, future prospects, addressable space, and country-level market size worldwide.
Chapter 6: Presents Composite Material revenue at the country level. It provides segmented data by Type and by Application for each country/region.
Chapter 7: Profiles key players, detailing the main companies' product revenue, gross margin, product portfolios, recent developments, etc.
Chapter 8: Analysis of Value Chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
Market entry risks/opportunities by region
We identify regional market threats and growth prospects to guide your overseas layout.
Product mix optimization based on local practices
We adjust product portfolios in line with local consumption habits.
Competitor tactics in fragmented vs. consolidated markets
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
Full Research Coverage
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
19 Years Industry Expertise
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
24/7 Fast Report Delivery
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
Localized Strategic Analysis
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
Market entry risks/opportunities by region
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
Market entry risks/opportunities by region
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 Composite Material Product Introduction
1.2 Global Composite Material Market Size Forecast (2021–2032)
1.3 Composite Material Market Trends & Drivers
1.3.1 Composite Material Industry Trends
1.3.2 Composite Material Market Drivers & Opportunities
1.3.3 Composite Material Market Challenges
1.3.4 Composite Material Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Composite Material Players Revenue Ranking (2025)
2.2 Global Composite Material Revenue by Company (2021–2026)
2.3 Key Companies’ R&D and Operations Footprint and Headquarters
2.4 Key Companies Composite Material Product Offerings
2.5 Key Companies General Availability (GA) Timeline for Composite Material
2.6 Composite Material Market Competitive Analysis
2.6.1 Composite Material Market Concentration Rate (2021–2026)
2.6.2 Top 5 and Top 10 Global Companies by Composite Material Revenue in 2025
2.6.3 Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on Composite Material revenue, 2025
2.7 Mergers & Acquisitions and Expansion
3 Segmentation Composite Material Market Classification
3.1 Introduction by Type
3.1.1 Polymer Matrix Composites
3.1.2 Continuous Fiber Composites
3.1.3 Ceramic Matrix Composites
3.1.4 Discontinuous Fiber Composites
3.1.5 Others
3.1.6 Global Composite Material Sales Value by Type
3.1.6.1 Global Composite Material Sales Value by Type (2021 vs 2025 vs 2032)
3.1.6.2 Global Composite Material Sales Value, by Type (2021–2032)
3.1.6.3 Global Composite Material Sales Value, by Type (%), 2021–2032
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Sporting Goods
4.1.2 Aerospace & Defense
4.1.3 Electrical & Electronics
4.1.4 Wind Energy
4.1.5 Building & Construction
4.1.6 Transportation
4.1.7 Others
4.2 Global Composite Material Sales Value by Application
4.2.1 Global Composite Material Sales Value by Application (2021 vs 2025 vs 2032)
4.2.2 Global Composite Material Sales Value by Application (2021–2032)
4.2.3 Global Composite Material Sales Value by Application (%), 2021–2032
5 Segmentation by Region
5.1 Global Composite Material Sales Value by Region
5.1.1 Global Composite Material Sales Value by Region: 2021 vs 2025 vs 2032
5.1.2 Global Composite Material Sales Value by Region (2021–2026)
5.1.3 Global Composite Material Sales Value by Region (2027–2032)
5.1.4 Global Composite Material Sales Value by Region (%), 2021–2032
5.2 North America
5.2.1 North America Composite Material Sales Value, 2021–2032
5.2.2 North America Composite Material Sales Value by Country (%), 2025 vs 2032
5.3 Europe
5.3.1 Europe Composite Material Sales Value, 2021–2032
5.3.2 Europe Composite Material Sales Value by Country (%), 2025 vs 2032
5.4 Asia Pacific
5.4.1 Asia Pacific Composite Material Sales Value, 2021–2032
5.4.2 Asia Pacific Composite Material Sales Value by Subregion (%), 2025 vs 2032
5.5 South America
5.5.1 South America Composite Material Sales Value, 2021–2032
5.5.2 South America Composite Material Sales Value by Country (%), 2025 vs 2032
5.6 Middle East & Africa
5.6.1 Middle East & Africa Composite Material Sales Value, 2021–2032
5.6.2 Middle East & Africa Composite Material Sales Value by Country (%), 2025 vs 2032
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Composite Material Sales Value Growth Trends, 2021 vs 2025 vs 2032
6.2 Key Countries/Regions Composite Material Sales Value, 2021–2032
6.3 United States
6.3.1 United States Composite Material Sales Value, 2021–2032
6.3.2 United States Composite Material Sales Value by Type (%), 2025 vs 2032
6.3.3 United States Composite Material Sales Value by Application, 2025 vs 2032
6.4 Europe
6.4.1 Europe Composite Material Sales Value, 2021–2032
6.4.2 Europe Composite Material Sales Value by Type (%), 2025 vs 2032
6.4.3 Europe Composite Material Sales Value by Application, 2025 vs 2032
6.5 China
6.5.1 China Composite Material Sales Value, 2021–2032
6.5.2 China Composite Material Sales Value by Type (%), 2025 vs 2032
6.5.3 China Composite Material Sales Value by Application, 2025 vs 2032
6.6 Japan
6.6.1 Japan Composite Material Sales Value, 2021–2032
6.6.2 Japan Composite Material Sales Value by Type (%), 2025 vs 2032
6.6.3 Japan Composite Material Sales Value by Application, 2025 vs 2032
6.7 South Korea
6.7.1 South Korea Composite Material Sales Value, 2021–2032
6.7.2 South Korea Composite Material Sales Value by Type (%), 2025 vs 2032
6.7.3 South Korea Composite Material Sales Value by Application, 2025 vs 2032
6.8 Southeast Asia
6.8.1 Southeast Asia Composite Material Sales Value, 2021–2032
6.8.2 Southeast Asia Composite Material Sales Value by Type (%), 2025 vs 2032
6.8.3 Southeast Asia Composite Material Sales Value by Application, 2025 vs 2032
6.9 India
6.9.1 India Composite Material Sales Value, 2021–2032
6.9.2 India Composite Material Sales Value by Type (%), 2025 vs 2032
6.9.3 India Composite Material Sales Value by Application, 2025 vs 2032
7 Company Profiles
7.1 Element Materials Technology
7.1.1 Element Materials Technology Profile
7.1.2 Element Materials Technology Main Business
7.1.3 Element Materials Technology Composite Material Products, Services, and Solutions
7.1.4 Element Materials Technology Composite Material Revenue (US$ Million), 2021–2026
7.1.5 Element Materials Technology Recent Developments
7.2 Henkel AG & CO
7.2.1 Henkel AG & CO Profile
7.2.2 Henkel AG & CO Main Business
7.2.3 Henkel AG & CO Composite Material Products, Services, and Solutions
7.2.4 Henkel AG & CO Composite Material Revenue (US$ Million), 2021–2026
7.2.5 Henkel AG & CO Recent Developments
7.3 KGaA
7.3.1 KGaA Profile
7.3.2 KGaA Main Business
7.3.3 KGaA Composite Material Products, Services, and Solutions
7.3.4 KGaA Composite Material Revenue (US$ Million), 2021–2026
7.3.5 KGaA Recent Developments
7.4 Exova Group plc
7.4.1 Exova Group plc Profile
7.4.2 Exova Group plc Main Business
7.4.3 Exova Group plc Composite Material Products, Services, and Solutions
7.4.4 Exova Group plc Composite Material Revenue (US$ Million), 2021–2026
7.4.5 Exova Group plc Recent Developments
7.5 Westmoreland Mechanical Testing & Research Inc
7.5.1 Westmoreland Mechanical Testing & Research Inc Profile
7.5.2 Westmoreland Mechanical Testing & Research Inc Main Business
7.5.3 Westmoreland Mechanical Testing & Research Inc Composite Material Products, Services, and Solutions
7.5.4 Westmoreland Mechanical Testing & Research Inc Composite Material Revenue (US$ Million), 2021–2026
7.5.5 Westmoreland Mechanical Testing & Research Inc Recent Developments
7.6 Instron
7.6.1 Instron Profile
7.6.2 Instron Main Business
7.6.3 Instron Composite Material Products, Services, and Solutions
7.6.4 Instron Composite Material Revenue (US$ Million), 2021–2026
7.6.5 Instron Recent Developments
7.7 Matrix Composite Inc
7.7.1 Matrix Composite Inc Profile
7.7.2 Matrix Composite Inc Main Business
7.7.3 Matrix Composite Inc Composite Material Products, Services, and Solutions
7.7.4 Matrix Composite Inc Composite Material Revenue (US$ Million), 2021–2026
7.7.5 Matrix Composite Inc Recent Developments
7.8 ETIM Composites Testing Laboratory
7.8.1 ETIM Composites Testing Laboratory Profile
7.8.2 ETIM Composites Testing Laboratory Main Business
7.8.3 ETIM Composites Testing Laboratory Composite Material Products, Services, and Solutions
7.8.4 ETIM Composites Testing Laboratory Composite Material Revenue (US$ Million), 2021–2026
7.8.5 ETIM Composites Testing Laboratory Recent Developments
7.9 Mistras Group Inc
7.9.1 Mistras Group Inc Profile
7.9.2 Mistras Group Inc Main Business
7.9.3 Mistras Group Inc Composite Material Products, Services, and Solutions
7.9.4 Mistras Group Inc Composite Material Revenue (US$ Million), 2021–2026
7.9.5 Mistras Group Inc Recent Developments
7.10 Intertek Group plc
7.10.1 Intertek Group plc Profile
7.10.2 Intertek Group plc Main Business
7.10.3 Intertek Group plc Composite Material Products, Services, and Solutions
7.10.4 Intertek Group plc Composite Material Revenue (US$ Million), 2021–2026
7.10.5 Intertek Group plc Recent Developments
8 Industry Chain Analysis
8.1 Composite Material Value Chain
8.2 Composite Material Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Key Suppliers of Raw Materials
8.2.3 Cost Structure
8.3 Midstream Analysis
8.4 Downstream (Customer) Analysis
8.5 Sales Model and Sales Channelss
8.5.1 Composite Material Sales Model
8.5.2 Sales Channels
8.5.3 Composite Material Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
Table 1. Composite Material Market Trends
Table 2. Composite Material Market Drivers & Opportunities
Table 3. Composite Material Market Challenges
Table 4. Composite Material Market Restraints
Table 5. Global Composite Material Revenue by Company (US$ Million), 2021–2026
Table 6. Global Composite Material Revenue Market Share by Company (2021–2026)
Table 7. Key Companies’ R&D and Operations Footprint and Headquarters
Table 8. Key Companies Composite Material Product Type
Table 9. Key Companies General Availability (GA) Timeline for Composite Material
Table 10. Global Composite Material Companies Market Concentration Ratio (CR5 and HHI)
Table 11. Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on Composite Material revenue, 2025
Table 12. Mergers & Acquisitions and Expansion Plans
Table 13. Global Composite Material Sales Value by Type: 2021 vs 2025 vs 2032 (US$ Million)
Table 14. Global Composite Material Sales Value by Type (US$ Million), 2021–2026
Table 15. Global Composite Material Sales Value by Type (US$ Million), 2027–2032
Table 16. Global Composite Material Sales Market Share in Value by Type (2021–2026)
Table 17. Global Composite Material Sales Market Share in Value by Type (2027–2032)
Table 18. Global Composite Material Sales Value by Application: 2021 vs 2025 vs 2032 (US$ Million)
Table 19. Global Composite Material Sales Value by Application (US$ Million), 2021–2026
Table 20. Global Composite Material Sales Value by Application (US$ Million), 2027–2032
Table 21. Global Composite Material Sales Market Share in Value by Application (2021–2026)
Table 22. Global Composite Material Sales Market Share in Value by Application (2027–2032)
Table 23. Global Composite Material Sales Value by Region, (US$ Million), 2021 vs 2025 vs 2032
Table 24. Global Composite Material Sales Value by Region (US$ Million), 2021–2026
Table 25. Global Composite Material Sales Value by Region (US$ Million), 2027–2032
Table 26. Global Composite Material Sales Value by Region (%), 2021–2026
Table 27. Global Composite Material Sales Value by Region (%), 2027–2032
Table 28. Key Countries/Regions Composite Material Sales Value Growth Trends, (US$ Million): 2021 vs 2025 vs 2032
Table 29. Key Countries/Regions Composite Material Sales Value, (US$ Million), 2021–2026
Table 30. Key Countries/Regions Composite Material Sales Value, (US$ Million), 2027–2032
Table 31. Element Materials Technology Basic Information List
Table 32. Element Materials Technology Description and Business Overview
Table 33. Element Materials Technology Composite Material Products, Services, and Solutions
Table 34. Revenue (US$ Million) in Composite Material Business of Element Materials Technology (2021–2026)
Table 35. Element Materials Technology Recent Developments
Table 36. Henkel AG & CO Basic Information List
Table 37. Henkel AG & CO Description and Business Overview
Table 38. Henkel AG & CO Composite Material Products, Services, and Solutions
Table 39. Revenue (US$ Million) in Composite Material Business of Henkel AG & CO (2021–2026)
Table 40. Henkel AG & CO Recent Developments
Table 41. KGaA Basic Information List
Table 42. KGaA Description and Business Overview
Table 43. KGaA Composite Material Products, Services, and Solutions
Table 44. Revenue (US$ Million) in Composite Material Business of KGaA (2021–2026)
Table 45. KGaA Recent Developments
Table 46. Exova Group plc Basic Information List
Table 47. Exova Group plc Description and Business Overview
Table 48. Exova Group plc Composite Material Products, Services, and Solutions
Table 49. Revenue (US$ Million) in Composite Material Business of Exova Group plc (2021–2026)
Table 50. Exova Group plc Recent Developments
Table 51. Westmoreland Mechanical Testing & Research Inc Basic Information List
Table 52. Westmoreland Mechanical Testing & Research Inc Description and Business Overview
Table 53. Westmoreland Mechanical Testing & Research Inc Composite Material Products, Services, and Solutions
Table 54. Revenue (US$ Million) in Composite Material Business of Westmoreland Mechanical Testing & Research Inc (2021–2026)
Table 55. Westmoreland Mechanical Testing & Research Inc Recent Developments
Table 56. Instron Basic Information List
Table 57. Instron Description and Business Overview
Table 58. Instron Composite Material Products, Services, and Solutions
Table 59. Revenue (US$ Million) in Composite Material Business of Instron (2021–2026)
Table 60. Instron Recent Developments
Table 61. Matrix Composite Inc Basic Information List
Table 62. Matrix Composite Inc Description and Business Overview
Table 63. Matrix Composite Inc Composite Material Products, Services, and Solutions
Table 64. Revenue (US$ Million) in Composite Material Business of Matrix Composite Inc (2021–2026)
Table 65. Matrix Composite Inc Recent Developments
Table 66. ETIM Composites Testing Laboratory Basic Information List
Table 67. ETIM Composites Testing Laboratory Description and Business Overview
Table 68. ETIM Composites Testing Laboratory Composite Material Products, Services, and Solutions
Table 69. Revenue (US$ Million) in Composite Material Business of ETIM Composites Testing Laboratory (2021–2026)
Table 70. ETIM Composites Testing Laboratory Recent Developments
Table 71. Mistras Group Inc Basic Information List
Table 72. Mistras Group Inc Description and Business Overview
Table 73. Mistras Group Inc Composite Material Products, Services, and Solutions
Table 74. Revenue (US$ Million) in Composite Material Business of Mistras Group Inc (2021–2026)
Table 75. Mistras Group Inc Recent Developments
Table 76. Intertek Group plc Basic Information List
Table 77. Intertek Group plc Description and Business Overview
Table 78. Intertek Group plc Composite Material Products, Services, and Solutions
Table 79. Revenue (US$ Million) in Composite Material Business of Intertek Group plc (2021–2026)
Table 80. Intertek Group plc Recent Developments
Table 81. Revenue (US$ Million) in Composite Material Business of Company 40 (2021–2026)
Table 82. Company 40 Recent Developments
Table 83. Key Raw Materials Lists
Table 84. Key Suppliers of Raw Materials Lists
Table 85. Composite Material Downstream Customers
Table 86. Composite Material Distributors List
Table 87. Research Programs/Design for This Report
Table 88. Key Data Information from Secondary Sources
Table 89. Key Data Information from Primary Sources
List of Figures
Figure 1. Composite Material Product Picture
Figure 2. Global Composite Material Sales Value, 2021 vs 2025 vs 2032 (US$ Million)
Figure 3. Global Composite Material Sales Value (US$ Million), 2021–2032
Figure 4. Composite Material Report Years Considered
Figure 5. Global Composite Material Players Revenue Ranking (US$ Million), 2025
Figure 6. The 5 and 10 Largest Companies in the World: Market Share by Composite Material Revenue in 2025
Figure 7. Composite Material Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2021 vs 2025
Figure 8. Polymer Matrix Composites Picture
Figure 9. Continuous Fiber Composites Picture
Figure 10. Ceramic Matrix Composites Picture
Figure 11. Discontinuous Fiber Composites Picture
Figure 12. Others Picture
Figure 13. Global Composite Material Sales Value by Type (US$ Million), 2021 vs 2025 vs 2032
Figure 14. Global Composite Material Sales Value Market Share by Type, 2025 & 2032
Figure 15. Product Picture of Sporting Goods
Figure 16. Product Picture of Aerospace & Defense
Figure 17. Product Picture of Electrical & Electronics
Figure 18. Product Picture of Wind Energy
Figure 19. Product Picture of Building & Construction
Figure 20. Product Picture of Transportation
Figure 21. Product Picture of Others
Figure 22. Global Composite Material Sales Value by Application (US$ Million), 2021 vs 2025 vs 2032
Figure 23. Global Composite Material Sales Value Market Share by Application, 2025 & 2032
Figure 24. North America Composite Material Sales Value (US$ Million), 2021–2032
Figure 25. North America Composite Material Sales Value by Country (%), 2025 vs 2032
Figure 26. Europe Composite Material Sales Value (US$ Million), 2021–2032
Figure 27. Europe Composite Material Sales Value by Country (%), 2025 vs 2032
Figure 28. Asia Pacific Composite Material Sales Value (US$ Million), 2021–2032
Figure 29. Asia Pacific Composite Material Sales Value by Subregion (%), 2025 vs 2032
Figure 30. South America Composite Material Sales Value (US$ Million), 2021–2032
Figure 31. South America Composite Material Sales Value by Country (%), 2025 vs 2032
Figure 32. Middle East & Africa Composite Material Sales Value (US$ Million), 2021–2032
Figure 33. Middle East & Africa Composite Material Sales Value by Country (%), 2025 vs 2032
Figure 34. Key Countries/Regions Composite Material Sales Value (%), 2021–2032
Figure 35. United States Composite Material Sales Value (US$ Million), 2021–2032
Figure 36. United States Composite Material Sales Value by Type (%), 2025 vs 2032
Figure 37. United States Composite Material Sales Value by Application (%), 2025 vs 2032
Figure 38. Europe Composite Material Sales Value (US$ Million), 2021–2032
Figure 39. Europe Composite Material Sales Value by Type (%), 2025 vs 2032
Figure 40. Europe Composite Material Sales Value by Application (%), 2025 vs 2032
Figure 41. China Composite Material Sales Value (US$ Million), 2021–2032
Figure 42. China Composite Material Sales Value by Type (%), 2025 vs 2032
Figure 43. China Composite Material Sales Value by Application (%), 2025 vs 2032
Figure 44. Japan Composite Material Sales Value (US$ Million), 2021–2032
Figure 45. Japan Composite Material Sales Value by Type (%), 2025 vs 2032
Figure 46. Japan Composite Material Sales Value by Application (%), 2025 vs 2032
Figure 47. South Korea Composite Material Sales Value (US$ Million), 2021–2032
Figure 48. South Korea Composite Material Sales Value by Type (%), 2025 vs 2032
Figure 49. South Korea Composite Material Sales Value by Application (%), 2025 vs 2032
Figure 50. Southeast Asia Composite Material Sales Value (US$ Million), 2021–2032
Figure 51. Southeast Asia Composite Material Sales Value by Type (%), 2025 vs 2032
Figure 52. Southeast Asia Composite Material Sales Value by Application (%), 2025 vs 2032
Figure 53. India Composite Material Sales Value (US$ Million), 2021–2032
Figure 54. India Composite Material Sales Value by Type (%), 2025 vs 2032
Figure 55. India Composite Material Sales Value by Application (%), 2025 vs 2032
Figure 56. Composite Material Value Chain
Figure 57. Composite Material Cost Structure
Figure 58. Channels of Distribution (Direct Sales, and Distribution)
Figure 59. Bottom-up and Top-down Approaches for This Report
Figure 60. Data Triangulation
Figure 61. Key Executives Interviewed
KEY QUESTIONS ADDRESSED BY THE REPORT
What was the global market size of Composite Material in 2032?
The global market size of Composite Material in 2032 was 1162 Million USD.
Which region is expected to have the highest market share?
What was the global market size of Composite Material in 2026?
What is the annual compound growth rate of the global Composite Material market size from 2026 to 2032?
Which companies rank high in the global Composite Material market?
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(Single User License)
Composite Material - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
A material made up of two or more constituent materials possessing varied physical or chemical properties and is different from individual components is known as a composite material. These composites are highly used in aerospace and defense, transportation, and wind energy applications. Hence, comprehensive testing is carried out on these materials with specific standards known as composite testing. Composite testing is widely used in aerospace & defense sector to evaluate the performance and structural applications. Major commercial aircraft manufacturers such as Airbus and Boeing have developed aircraft such as Airbus A350 and Boeing 787 that constitute almost 50% of the composites in their airframe structures. Aviation giants such as National Aeronautics and Space Administration (NASA) and SpaceX widely use composite testing due to resistance fatigue & corrosion and high stiffness-to-weight ratio.
Published Date: 2024-01-24
Pages: 113
USD 3950.00
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Global Composite Material Market Research Report 2024
A material made up of two or more constituent materials possessing varied physical or chemical properties and is different from individual components is known as a composite material. These composites are highly used in aerospace and defense, transportation, and wind energy applications. Hence, comprehensive testing is carried out on these materials with specific standards known as composite testing. Composite testing is widely used in aerospace & defense sector to evaluate the performance and structural applications. Major commercial aircraft manufacturers such as Airbus and Boeing have developed aircraft such as Airbus A350 and Boeing 787 that constitute almost 50% of the composites in their airframe structures. Aviation giants such as National Aeronautics and Space Administration (NASA) and SpaceX widely use composite testing due to resistance fatigue & corrosion and high stiffness-to-weight ratio.
Published Date: 2024-01-16
Pages: 89
USD 2900.00
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Global Composite Material Market Research Report 2026
The global Composite Material market was valued at US$ 974 million in 2025 and is anticipated to reach US$ 1162 million by 2032, at a CAGR of 2.6% from 2026 to 2032.
Published: 2026-04-28
Pages: 105
USD 2900.00 (Single User License)Global Composite Material Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
The global Composite Material market size was US$ 951 million in 2024 and is forecast to a readjusted size of US$ 1136 million by 2031 with a CAGR of 2.6% during the forecast period 2025-2031.
Published: 2025-09-06
Pages: 76
USD 4250.00 (Single User License)Global Composite Material Market Research Report 2025
The global market for Composite Material was valued at US$ 951 million in the year 2024 and is projected to reach a revised size of US$ 1136 million by 2031, growing at a CAGR of 2.6% during the forecast period.
Published: 2025-02-27
Pages: 79
USD 2900.00 (Single User License)Composite Material- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
The global market for Composite Material was estimated to be worth US$ 951 million in 2024 and is forecast to a readjusted size of US$ 1136 million by 2031 with a CAGR of 2.6% during the forecast period 2025-2031.
Published: 2025-02-27
Pages: 92
USD 3950.00 (Single User License)Global Composite Material Market Insights, Forecast to 2030
A material made up of two or more constituent materials possessing varied physical or chemical properties and is different from individual components is known as a composite material. These composites are highly used in aerospace and defense, transportation, and wind energy applications. Hence, comprehensive testing is carried out on these materials with specific standards known as composite testing. Composite testing is widely used in aerospace & defense sector to evaluate the performance and structural applications. Major commercial aircraft manufacturers such as Airbus and Boeing have developed aircraft such as Airbus A350 and Boeing 787 that constitute almost 50% of the composites in their airframe structures. Aviation giants such as National Aeronautics and Space Administration (NASA) and SpaceX widely use composite testing due to resistance fatigue & corrosion and high stiffness-to-weight ratio.
Published: 2024-04-15
Pages: 110
USD 4900.00 (Single User License)Composite Material - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
A material made up of two or more constituent materials possessing varied physical or chemical properties and is different from individual components is known as a composite material. These composites are highly used in aerospace and defense, transportation, and wind energy applications. Hence, comprehensive testing is carried out on these materials with specific standards known as composite testing. Composite testing is widely used in aerospace & defense sector to evaluate the performance and structural applications. Major commercial aircraft manufacturers such as Airbus and Boeing have developed aircraft such as Airbus A350 and Boeing 787 that constitute almost 50% of the composites in their airframe structures. Aviation giants such as National Aeronautics and Space Administration (NASA) and SpaceX widely use composite testing due to resistance fatigue & corrosion and high stiffness-to-weight ratio.
Published: 2024-01-24
Pages: 113
USD 3950.00 (Single User License)Global Composite Material Market Research Report 2024
A material made up of two or more constituent materials possessing varied physical or chemical properties and is different from individual components is known as a composite material. These composites are highly used in aerospace and defense, transportation, and wind energy applications. Hence, comprehensive testing is carried out on these materials with specific standards known as composite testing. Composite testing is widely used in aerospace & defense sector to evaluate the performance and structural applications. Major commercial aircraft manufacturers such as Airbus and Boeing have developed aircraft such as Airbus A350 and Boeing 787 that constitute almost 50% of the composites in their airframe structures. Aviation giants such as National Aeronautics and Space Administration (NASA) and SpaceX widely use composite testing due to resistance fatigue & corrosion and high stiffness-to-weight ratio.
Published: 2024-01-16
Pages: 89
USD 2900.00 (Single User License)
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