The global EV Composites Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Fiber (Glass Fiber, Carbon Fiber), By Resin (Thermoplastics, Thermoset), By Type (Ultra-Premium, Premium, Others), By Manufacturing Process (Injection Molding, Compression Molding, Resin Transfer Molding, Others), By Application (Exterior, Interior, Powertrain & Chassis, Battery Enclosures).
The EV Composites Market is growing rapidly as electric vehicle (EV) manufacturers seek lightweight, high-strength materials to improve energy efficiency and driving range. Advanced composites such as carbon fiber-reinforced polymers (CFRP), glass fiber composites, and bio-based materials are being increasingly integrated into EV structures, battery enclosures, and interior components to reduce vehicle weight while maintaining structural integrity. The demand for flame-retardant, high-performance composites is also rising due to safety regulations governing battery protection. While composites offer significant advantages, challenges such as high production costs, recycling difficulties, and supply chain constraints for raw materials can limit widespread adoption. However, ongoing research into cost-effective manufacturing techniques, including thermoplastic composites and automated fiber placement (AFP), is expected to enhance scalability. With the accelerating transition to electric mobility and stringent emissions regulations, the EV composites market is poised for sustained expansion.
The market report analyses the leading companies in the industry including Atlas Fibre, CIE Automotive India, ElringKlinger AG, Envalior, Euro Advanced Carbon Fiber Composites GmbH, Exel Composites, Faurecia, HRC (Hengrui Corp), IDI Composites International, Jiangsu Kangde Xin Composite Material, Kautex Textron GmbH & Co. KG, Mar-Bal Inc, Owens Corning, Piran Advanced Composites, Plastic Omnium, POLYTEC HOLDING AG, Röchling SE & Co. KG, SGL Carbon, Syensqo, Teijin Ltd, The Gund Company, Toray Industries Inc, TRB Lightweight Structures, ZhongAo Carbon, and others.
The EV composites market is witnessing a trend toward the growing use of carbon fiber and lightweight composite materials in structural and body components. With electric vehicles (EVs) aiming to reduce weight for improved range and efficiency, manufacturers are incorporating carbon fiber-reinforced polymer (CFRP) and glass fiber-reinforced polymer (GFRP) composites in battery enclosures, chassis, and body panels. These lightweight materials enhance vehicle performance, crash safety, and energy efficiency. The trend is driving innovation in high-strength, low-density composite solutions for EVs.
The rapid growth of the EV industry is a major driver for the EV composites market. With automakers scaling up EV production to meet global electrification targets, the demand for lightweight and durable materials is surging. Composites help reduce vehicle weight, which directly improves battery efficiency and driving range. Additionally, government regulations promoting energy efficiency and reducing vehicle emissions are encouraging the use of advanced composite materials in EV manufacturing, further driving market expansion.
A significant opportunity in the EV composites market lies in the development of advanced composites for battery enclosures and thermal management systems. As EV battery sizes increase, there is growing demand for composites with superior heat resistance, electrical insulation, and fireproof properties. Companies that develop high-performance composite materials for battery protection and thermal regulation can capture expanding opportunities in the EV and energy storage sectors, addressing safety and performance concerns.
In China, the rapidly expanding electric vehicle (EV) industry is a major driver of the EV composites market. The country’s aggressive push toward EV adoption, supported by government subsidies, tax incentives, and emission regulations, is boosting the demand for lightweight composite materials. Chinese EV manufacturers are increasingly using carbon fiber-reinforced plastics (CFRP), glass fiber composites, and thermoplastic composites to reduce vehicle weight, improve energy efficiency, and enhance driving range. Additionally, the growing production of EV batteries and battery enclosures is driving the use of flame-retardant and thermally stable composites. The country’s focus on developing autonomous and connected EVs is also promoting the use of advanced composites in radar covers, sensor enclosures, and structural components. Moreover, China’s dominance in EV production, with companies like BYD, NIO, and XPeng scaling operations, is fueling the demand for high-performance composites. The rising investments in domestic composite material manufacturing facilities are further driving market growth, reducing reliance on imports.
In India, the increasing adoption of electric two-wheelers, three-wheelers, and passenger cars is driving the EV composites market. The country’s growing focus on reducing vehicular emissions and promoting sustainable mobility, supported by government initiatives such as FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles), is boosting demand for lightweight composite materials. Indian EV manufacturers are increasingly using fiberglass, carbon fiber, and hybrid composites to reduce vehicle weight and enhance battery efficiency. Additionally, the expanding production of electric scooters and motorcycles, which require lightweight body panels and frames, is driving the use of reinforced thermoplastics. The growing EV battery production sector is also promoting the use of heat-resistant and electrically insulating composites for battery casings and modules. Moreover, the rising investments in charging infrastructure and electric buses are further contributing to the demand for durable and weather-resistant composite materials in body panels and enclosures. The increasing collaboration between Indian automakers and global composite suppliers is also enhancing the market’s growth potential.
In the United States, the rising production and adoption of electric vehicles is driving the EV composites market. The country’s increasing focus on decarbonizing transportation, supported by government incentives, is promoting the use of lightweight and energy-efficient materials in EV manufacturing. U.S. automakers, including Tesla, Ford, and General Motors, are incorporating carbon fiber, glass fiber, and thermoplastic composites into vehicle structures, battery enclosures, and interior components to enhance performance and range. The growing deployment of EV battery packs is also fueling demand for heat-resistant and flame-retardant composites used in battery modules and protective covers. Moreover, the expanding EV charging infrastructure is driving the use of durable composites in charging stations and enclosures. The increasing investments in autonomous and electric delivery vehicles, particularly by logistics companies, are further boosting demand for composite materials to reduce vehicle weight and enhance cargo capacity. The rising adoption of sustainable and recyclable composites, driven by environmental regulations, is also gaining traction in the U.S. market.
In Germany, the strong presence of leading automotive manufacturers, including Volkswagen, BMW, and Mercedes-Benz, is driving the EV composites market. The country’s rapidly expanding EV production, supported by government incentives and emission reduction targets, is fueling demand for lightweight composite materials. German automakers are increasingly using carbon fiber-reinforced plastics (CFRP), glass fiber composites, and hybrid thermoplastic composites in EV body panels, structural components, and battery enclosures to reduce weight and enhance energy efficiency. Additionally, the growing focus on battery technology innovation is promoting the use of thermally conductive and electrically insulating composites in battery modules. The increasing production of electric buses and trucks in Germany is also contributing to the demand for durable and impact-resistant composite materials. Moreover, the country’s push toward circular economy practices is driving the adoption of recyclable and bio-based composites in EV manufacturing. The rising collaboration between German automakers and composite suppliers to develop customized, high-performance materials is further propelling market growth.
In France, the expanding EV market, supported by government subsidies and emission reduction policies, is driving the demand for composite materials. French automakers, including Renault and Peugeot, are increasingly using lightweight composites to reduce the overall weight of EVs, thereby enhancing battery efficiency and driving range. The growing production of electric buses and public transport vehicles is also promoting the use of durable, corrosion-resistant composites in exterior panels and structural components. Additionally, the rising deployment of EV charging stations is driving the adoption of weather-resistant and flame-retardant composites for protective casings and enclosures. The French aerospace and defense industries, known for their expertise in advanced composites, are also contributing to the EV market by supplying high-performance materials for luxury and performance EVs. Moreover, the country’s emphasis on sustainability is encouraging the use of recycled and bio-based composites in EV manufacturing. The increasing R&D activities focusing on next-generation composite solutions, such as self-healing and conductive materials, are further boosting market growth.
In the Middle East, the growing adoption of electric vehicles, driven by sustainability initiatives and rising fuel prices, is fueling the EV composites market. Countries such as the UAE and Saudi Arabia are promoting EV adoption through government incentives, driving demand for lightweight and durable composite materials. The region’s expanding electric bus and fleet vehicle market is boosting the use of fiberglass and carbon fiber composites for body panels, reducing weight and improving efficiency. Additionally, the increasing investments in EV charging infrastructure are promoting the use of weather-resistant and flame-retardant composites in charging station enclosures. The Middle East’s focus on sustainable transportation, including electric taxis and ride-hailing fleets, is also driving demand for composite materials that enhance vehicle performance. Moreover, the region’s emerging EV manufacturing sector, particularly in the UAE, is encouraging partnerships with global composite suppliers to develop lightweight and high-strength materials. The rising interest in luxury and high-performance EVs, which extensively use carbon fiber composites, is further propelling market growth.
|
Parameter |
Details |
|
Market Size (2025) |
$3.4 Billion |
|
Market Size (2034) |
$13.5 Billion |
|
Market Growth Rate |
16.6% |
|
Segments |
By Fiber (Glass Fiber, Carbon Fiber), By Resin (Thermoplastics, Thermoset), By Type (Ultra-Premium, Premium, Others), By Manufacturing Process (Injection Molding, Compression Molding, Resin Transfer Molding, Others), By Application (Exterior, Interior, Powertrain & Chassis, Battery Enclosures) |
|
Study Period |
2019- 2024 and 2025-2034 |
|
Units |
Revenue (USD) |
|
Qualitative Analysis |
Porter’s Five Forces, SWOT Profile, Market Share, Scenario Forecasts, Market Ecosystem, Company Ranking, Market Dynamics, Industry Benchmarking |
|
Companies |
Atlas Fibre, CIE Automotive India, ElringKlinger AG, Envalior, Euro Advanced Carbon Fiber Composites GmbH, Exel Composites, Faurecia, HRC (Hengrui Corp), IDI Composites International, Jiangsu Kangde Xin Composite Material, Kautex Textron GmbH & Co. KG, Mar-Bal Inc, Owens Corning, Piran Advanced Composites, Plastic Omnium, POLYTEC HOLDING AG, Röchling SE & Co. KG, SGL Carbon, Syensqo, Teijin Ltd, The Gund Company, Toray Industries Inc, TRB Lightweight Structures, ZhongAo Carbon |
|
Countries |
US, Canada, Mexico, Germany, France, Spain, Italy, UK, Russia, China, India, Japan, South Korea, Australia, South East Asia, Brazil, Argentina, Middle East, Africa |
By Fiber
Glass Fiber
Carbon Fiber
By Resin
Thermoplastics
Thermoset
By Type
Ultra-Premium
Premium
Others
By Manufacturing Process
Injection Molding
Compression Molding
Resin Transfer Molding
Others
By Application
Exterior
Interior
Powertrain & Chassis
Battery Enclosures
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Atlas Fibre
CIE Automotive India
ElringKlinger AG
Envalior
Euro Advanced Carbon Fiber Composites GmbH
Exel Composites
Faurecia
HRC (Hengrui Corp)
IDI Composites International
Jiangsu Kangde Xin Composite Material
Kautex Textron GmbH & Co. KG
Mar-Bal Inc
Owens Corning
Piran Advanced Composites
Plastic Omnium
POLYTEC HOLDING AG
Röchling SE & Co. KG
SGL Carbon
Syensqo
Teijin Ltd
The Gund Company
Toray Industries Inc
TRB Lightweight Structures
ZhongAo Carbon
*- List Not Exhaustive
About USD Analytics
Table of Contents
List of Charts and Exhibits
List of Tables
1. Executive Summary
What’s New in 2025?
Top 10 Takeaways from the industry
Potential Opportunities for Industry Stakeholders
Strategic Imperatives
Company Market Positioning
Industry Benchmarking Matrix
2. Research Scope and Methodology
Market Definition
- Market Segments
- Companies Profiled
Research Methodology
- Bottom-Up Method
- Top-Down Method
- Data Triangulation
Forecast Methodology
- Data Sources
- USDA Proprietary Databases
- External Sources
- Primary Research and Interviews
Conversion Rates for USD
Abbreviations
3. Strategic Landscape: Key Insights and Implications
Spotlight: Key Strategies opted by Business Leaders
Competitive Landscape
Market Size ($ Million) and Share (%) by Company, 2024
SWOT Analysis
- Key Market Strengths
- Key Market Weaknesses
- Potential Opportunities
- Potential Threats
Porter’s Five Force Analysis
- Summary
- Bargaining Power of Buyers- Impact Analysis
- Bargaining Power of Suppliers- Impact Analysis
- Threat of new entrants- Impact Analysis
- Intensity of Competitive Rivalry- Impact Analysis
Macro-Environmental Analysis
- Economic forecasts by Country, 2010- 2035
- Population forecasts by Country, 2010- 2035
- Inflation Outlook by Country, 2010-2035
- Impact of Russia-Ukraine Conflict, Sluggish China Growth, US Developments
5. Growth Opportunity Analysis
Trends at a Glance
- What are the most noteworthy trends in the market
- Where should leaders pay attention?
- What industries are likely to be affected by the growth?
Market Dynamics
- Charting a path forward
- Growth Drivers
- Growth Barriers
Key Industry Stakeholders
- Suppliers
- Manufacturers and Service Providers
- Distribution Channels
- End-Users and Applications
- Regulators
- Investors, Traders, and R&D Institutes
Regulatory Landscape
6. Market Size Outlook to 2034
Global EV Composites Market Size Forecast, USD Million, 2018- 2034
- Historic Market Size, 2018- 2024
- Forecast Market Size, 2024- 2034
Scenario Analysis
- Low Growth Scenario: Definition and Outlook to 2034
- Reference Case: Definition and Outlook to 2034
- High Growth Scenario: Definition and Outlook to 2034
Pricing Analysis and Outlook
- EV Composites Average Price Forecast, 2021- 2034
- Key Factors Shaping the Pricing Patterns
7. Historical EV Composites Market Size by Segments, 2018- 2024
Key Statistics, 2024
EV Composites Market Size Outlook by Type, USD Million, 2018- 2024
Growth Comparison (y-o-y) across EV Composites Types, 2018- 2024
EV Composites Market Size Outlook by Application, USD Million, 2018- 2024
Growth Comparison (y-o-y) across EV Composites Applications, 2018- 2024
8. EV Composites Market Size Outlook by Segments, 2024- 2034
By Fiber
Glass Fiber
Carbon Fiber
By Resin
Thermoplastics
Thermoset
By Type
Ultra-Premium
Premium
Others
By Manufacturing Process
Injection Molding
Compression Molding
Resin Transfer Molding
Others
By Application
Exterior
Interior
Powertrain & Chassis
Battery Enclosures
9. EV Composites Market Size Outlook by Region
North America
Key Market Dynamics
North America EV Composites Market Size Outlook by Type, USD Million, 2021-2034
North America EV Composites Market Size Outlook by Application, USD Million, 2021-2034
North America EV Composites Market Size Outlook by Sales Channel, USD Million, 2021-2034
North America EV Composites Market Size Outlook by Country, USD Million, 2021-2034
Europe
Key Market Dynamics
Europe EV Composites Market Size Outlook by Type, USD Million, 2021-2034
Europe EV Composites Market Size Outlook by Application, USD Million, 2021-2034
Europe EV Composites Market Size Outlook by Sales Channel, USD Million, 2021-2034
Europe EV Composites Market Size Outlook by Country, USD Million, 2021-2034
Asia Pacific
Key Market Dynamics
Asia Pacific EV Composites Market Size Outlook by Type, USD Million, 2021-2034
Asia Pacific EV Composites Market Size Outlook by Application, USD Million, 2021-2034
Asia Pacific EV Composites Market Size Outlook by Sales Channel, USD Million, 2021-2034
Asia Pacific EV Composites Market Size Outlook by Country, USD Million, 2021-2034
South America
Key Market Dynamics
South America EV Composites Market Size Outlook by Type, USD Million, 2021-2034
South America EV Composites Market Size Outlook by Application, USD Million, 2021-2034
South America EV Composites Market Size Outlook by Sales Channel, USD Million, 2021-2034
South America EV Composites Market Size Outlook by Country, USD Million, 2021-2034
Middle East and Africa
Key Market Dynamics
Middle East and Africa EV Composites Market Size Outlook by Type, USD Million, 2021-2034
Middle East and Africa EV Composites Market Size Outlook by Application, USD Million, 2021-2034
Middle East and Africa EV Composites Market Size Outlook by Sales Channel, USD Million, 2021-2034
Middle East and Africa EV Composites Market Size Outlook by Country, USD Million, 2021-2034
10. United States EV Composites Market Analysis and Outlook, 2021- 2034
Key Statistics
United States EV Composites Market Size Outlook by Type, 2021- 2034
United States EV Composites Market Size Outlook by Application, 2021- 2034
United States EV Composites Market Size Outlook by End-User, 2021- 2034
11. Canada EV Composites Market Analysis and Outlook, 2021- 2034
Key Statistics
Canada EV Composites Market Size Outlook by Type, 2021- 2034
Canada EV Composites Market Size Outlook by Application, 2021- 2034
Canada EV Composites Market Size Outlook by End-User, 2021- 2034
12. Mexico EV Composites Market Analysis and Outlook, 2021- 2034
Key Statistics
Mexico EV Composites Market Size Outlook by Type, 2021- 2034
Mexico EV Composites Market Size Outlook by Application, 2021- 2034
Mexico EV Composites Market Size Outlook by End-User, 2021- 2034
13. Germany EV Composites Market Analysis and Outlook, 2021- 2034
Key Statistics
Germany EV Composites Market Size Outlook by Type, 2021- 2034
Germany EV Composites Market Size Outlook by Application, 2021- 2034
Germany EV Composites Market Size Outlook by End-User, 2021- 2034
14. France EV Composites Market Analysis and Outlook, 2021- 2034
Key Statistics
France EV Composites Market Size Outlook by Type, 2021- 2034
France EV Composites Market Size Outlook by Application, 2021- 2034
France EV Composites Market Size Outlook by End-User, 2021- 2034
15. United Kingdom EV Composites Market Analysis and Outlook, 2021- 2034
Key Statistics
United Kingdom EV Composites Market Size Outlook by Type, 2021- 2034
United Kingdom EV Composites Market Size Outlook by Application, 2021- 2034
United Kingdom EV Composites Market Size Outlook by End-User, 2021- 2034
16. Spain EV Composites Market Analysis and Outlook, 2021- 2034
Key Statistics
Spain EV Composites Market Size Outlook by Type, 2021- 2034
Spain EV Composites Market Size Outlook by Application, 2021- 2034
Spain EV Composites Market Size Outlook by End-User, 2021- 2034
17. Italy EV Composites Market Analysis and Outlook, 2021- 2034
Key Statistics
Italy EV Composites Market Size Outlook by Type, 2021- 2034
Italy EV Composites Market Size Outlook by Application, 2021- 2034
Italy EV Composites Market Size Outlook by End-User, 2021- 2034
18. Benelux EV Composites Market Analysis and Outlook, 2021- 2034
Key Statistics
Benelux EV Composites Market Size Outlook by Type, 2021- 2034
Benelux EV Composites Market Size Outlook by Application, 2021- 2034
Benelux EV Composites Market Size Outlook by End-User, 2021- 2034
19. Nordic EV Composites Market Analysis and Outlook, 2021- 2034
Key Statistics
Nordic EV Composites Market Size Outlook by Type, 2021- 2034
Nordic EV Composites Market Size Outlook by Application, 2021- 2034
Nordic EV Composites Market Size Outlook by End-User, 2021- 2034
20. Rest of Europe EV Composites Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Europe EV Composites Market Size Outlook by Type, 2021- 2034
Rest of Europe EV Composites Market Size Outlook by Application, 2021- 2034
Rest of Europe EV Composites Market Size Outlook by End-User, 2021- 2034
21. China EV Composites Market Analysis and Outlook, 2021- 2034
Key Statistics
China EV Composites Market Size Outlook by Type, 2021- 2034
China EV Composites Market Size Outlook by Application, 2021- 2034
China EV Composites Market Size Outlook by End-User, 2021- 2034
22. India EV Composites Market Analysis and Outlook, 2021- 2034
Key Statistics
India EV Composites Market Size Outlook by Type, 2021- 2034
India EV Composites Market Size Outlook by Application, 2021- 2034
India EV Composites Market Size Outlook by End-User, 2021- 2034
23. Japan EV Composites Market Analysis and Outlook, 2021- 2034
Key Statistics
Japan EV Composites Market Size Outlook by Type, 2021- 2034
Japan EV Composites Market Size Outlook by Application, 2021- 2034
Japan EV Composites Market Size Outlook by End-User, 2021- 2034
24. South Korea EV Composites Market Analysis and Outlook, 2021- 2034
Key Statistics
South Korea EV Composites Market Size Outlook by Type, 2021- 2034
South Korea EV Composites Market Size Outlook by Application, 2021- 2034
South Korea EV Composites Market Size Outlook by End-User, 2021- 2034
25. Australia EV Composites Market Analysis and Outlook, 2021- 2034
Key Statistics
Australia EV Composites Market Size Outlook by Type, 2021- 2034
Australia EV Composites Market Size Outlook by Application, 2021- 2034
Australia EV Composites Market Size Outlook by End-User, 2021- 2034
26. South East Asia EV Composites Market Analysis and Outlook, 2021- 2034
Key Statistics
South East Asia EV Composites Market Size Outlook by Type, 2021- 2034
South East Asia EV Composites Market Size Outlook by Application, 2021- 2034
South East Asia EV Composites Market Size Outlook by End-User, 2021- 2034
27. Rest of Asia Pacific EV Composites Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Asia Pacific EV Composites Market Size Outlook by Type, 2021- 2034
Rest of Asia Pacific EV Composites Market Size Outlook by Application, 2021- 2034
Rest of Asia Pacific EV Composites Market Size Outlook by End-User, 2021- 2034
28. Brazil EV Composites Market Analysis and Outlook, 2021- 2034
Key Statistics
Brazil EV Composites Market Size Outlook by Type, 2021- 2034
Brazil EV Composites Market Size Outlook by Application, 2021- 2034
Brazil EV Composites Market Size Outlook by End-User, 2021- 2034
29. Argentina EV Composites Market Analysis and Outlook, 2021- 2034
Key Statistics
Argentina EV Composites Market Size Outlook by Type, 2021- 2034
Argentina EV Composites Market Size Outlook by Application, 2021- 2034
Argentina EV Composites Market Size Outlook by End-User, 2021- 2034
30. Rest of South America EV Composites Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of South America EV Composites Market Size Outlook by Type, 2021- 2034
Rest of South America EV Composites Market Size Outlook by Application, 2021- 2034
Rest of South America EV Composites Market Size Outlook by End-User, 2021- 2034
31. United Arab Emirates EV Composites Market Analysis and Outlook, 2021- 2034
Key Statistics
United Arab Emirates EV Composites Market Size Outlook by Type, 2021- 2034
United Arab Emirates EV Composites Market Size Outlook by Application, 2021- 2034
United Arab Emirates EV Composites Market Size Outlook by End-User, 2021- 2034
32. Saudi Arabia EV Composites Market Analysis and Outlook, 2021- 2034
Key Statistics
Saudi Arabia EV Composites Market Size Outlook by Type, 2021- 2034
Saudi Arabia EV Composites Market Size Outlook by Application, 2021- 2034
Saudi Arabia EV Composites Market Size Outlook by End-User, 2021- 2034
33. Rest of Middle East EV Composites Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Middle East EV Composites Market Size Outlook by Type, 2021- 2034
Rest of Middle East EV Composites Market Size Outlook by Application, 2021- 2034
Rest of Middle East EV Composites Market Size Outlook by End-User, 2021- 2034
34. South Africa EV Composites Market Analysis and Outlook, 2021- 2034
Key Statistics
South Africa EV Composites Market Size Outlook by Type, 2021- 2034
South Africa EV Composites Market Size Outlook by Application, 2021- 2034
South Africa EV Composites Market Size Outlook by End-User, 2021- 2034
35. Rest of Africa EV Composites Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Africa EV Composites Market Size Outlook by Type, 2021- 2034
Rest of Africa EV Composites Market Size Outlook by Application, 2021- 2034
Rest of Africa EV Composites Market Size Outlook by End-User, 2021- 2034
36. Key Companies
Market Share Analysis
Atlas Fibre
CIE Automotive India
ElringKlinger AG
Envalior
Euro Advanced Carbon Fiber Composites GmbH
Exel Composites
Faurecia
HRC (Hengrui Corp)
IDI Composites International
Jiangsu Kangde Xin Composite Material
Kautex Textron GmbH & Co. KG
Mar-Bal Inc
Owens Corning
Piran Advanced Composites
Plastic Omnium
POLYTEC HOLDING AG
Röchling SE & Co. KG
SGL Carbon
Syensqo
Teijin Ltd
The Gund Company
Toray Industries Inc
TRB Lightweight Structures
ZhongAo Carbon
Company Benchmarking
Financial Analysis
37. Recent Market Developments
38. Appendix
Looking Ahead
Research Methodology
Legal Disclaimer
By Fiber
Glass Fiber
Carbon Fiber
By Resin
Thermoplastics
Thermoset
By Type
Ultra-Premium
Premium
Others
By Manufacturing Process
Injection Molding
Compression Molding
Resin Transfer Molding
Others
By Application
Exterior
Interior
Powertrain & Chassis
Battery Enclosures
The Global EV Composites Market Size is estimated at $3.4 Billion in 2025 and is forecast to register an annual growth rate (CAGR) of 16.6% to reach $13.5 Billion by 2034.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
Atlas Fibre, CIE Automotive India, ElringKlinger AG, Envalior, Euro Advanced Carbon Fiber Composites GmbH, Exel Composites, Faurecia, HRC (Hengrui Corp), IDI Composites International, Jiangsu Kangde Xin Composite Material, Kautex Textron GmbH & Co. KG, Mar-Bal Inc, Owens Corning, Piran Advanced Composites, Plastic Omnium, POLYTEC HOLDING AG, Röchling SE & Co. KG, SGL Carbon, Syensqo, Teijin Ltd, The Gund Company, Toray Industries Inc, TRB Lightweight Structures, ZhongAo Carbon
Base Year- 2024; Estimated Year- 2025; Historic Period- 2019-2024; Forecast period- 2025 to 2034; Currency: Revenue (USD); Volume