Report Description Table of Contents The EV Composites Market is set to grow from USD 2.5 billion in 2024 to USD 10.75 billion by 2032, achieving a robust CAGR of 17.6% from 2024 to 2032. driven by increasing demand for lightweight and high-performance materials in electric vehicles to enhance efficiency and range. EV composites are advanced materials that are specifically engineered to enhance the performance, efficiency, and sustainability of electric vehicles. These composites typically combine lightweight fibers such as carbon or glass with a polymer matrix to provide superior strength-to-weight ratios, thermal and electrical conductivity, and resistance to wear and corrosion. This innovation reduces the overall weight of electric vehicles thus enhancing their range as well as energy efficiency. It also allows for greater design flexibility and improved safety features which make these components essential in future transport evolution. This rapid growth is fueled by increasing demand for EVs (electric vehicles). Consumers and governments are prioritizing green transportation systems characterized by environmental sustainability hence making EVs more attractive option. In response, car manufacturers have resorted to top-notch lightweight, high-performance materials like composites aimed at boosting vehicle range and performance. For instance, under President Biden’s administration in 2021 there is an increased focus on clean energy investments as well as transitioning ground transportation from internal combustion engine (ICE) vehicle to battery electric vehicle (EV). These include incentives for consumers to buy EVs, installation of 550000 charging stations all over America and moving away from ICE vehicles in government fleet. In Asia, Japan is targeting 50-70% hybrid and EV sales by 2030, and China, world leader in EV sales, is targeting a mix of 50% electric, plug-in hybrid and fuel cell vehicles, and 50% hybrid vehicles by 2035, with no pure ICE vehicle sales. These Initiatives are propelling the growth in EV Composites Market Drivers • Growing EV Sales Drive Demand for Advanced Composites The surge in electric vehicle (EV) production and sales is a significant driver of the EV composites market. Global sales of electric vehicles reached 6.6 million units in 2021 compared with almost doubling their performance in 2020. On the other hand, the increasing penetration of EVs requires lightweight high-performance materials and this affects demand for advanced composites directly. The CAGR of EV sales is expected to be around 29% during the period from 2022 to 2030 thus stimulating requirement for advanced composites to enhance vehicle efficiency and range. Furthermore, Innovations in manufacturing processes, such as automated fiber placement (AFP) and resin transfer molding (RTM), have increased production efficiency and cut cycle times by up to 40%. These advancements have enabled cost effective manufacturing of composite materials thus encouraging their use in electric vehicles on a large scale. • Global Government Efforts in Promoting EV Composite Use Government incentives and investments are crucial drivers of the EV composites market. Consumer financial support, substantial R&D funding, regulatory pressures, infrastructure investments and sustainability goals are some of the main factors, contributing to the increased demand for advanced composite materials in the electric vehicle industry. Governments across the world provide subsidies and incentives to encourage adoption of EVs. For instance, US government offers a federal tax credit of up to $7,500 for purchasing electric vehicles. It has contributed to a significant increase in sales of EVs by 85% in 2021 compared to 2020. Large amounts of money are invested into research and development (R&D) on composite materials technology. The European Union has allocated €1 billion directed at projects aimed at lightweighting automotive applications which include composites. The rise in EV adoption necessitates additional lightweight composites towards improved vehicle performance and efficiency. Market Restraints (Cost vs. Compliance: The Dual Challenges Facing Automotive Composite Adoption) High Material Costs: Composites, especially carbon fiber, are significantly more expensive than traditional materials like steel and aluminum. For example, carbon fiber costs about $10-12 per pound compared to $0.30 per pound for steel. This high cost impacts the overall affordability of electric vehicles (EVs) and limits the widespread use of composites. Regulatory and Certification Challenges: Composites used in automotive applications must meet various regulatory and safety standards. Ensuring that composite materials comply with these standards can be complex and costly, adding to the challenges of market adoption. Market Opportunity • Lightweighting: A Key Opportunity for the EV Composites Market Light weighting for improved efficiency is a significant opportunity for the EV composites market. The use of composites to reduce vehicle weight directly translates into enhanced range, performance, and efficiency, which are critical factors for both automakers and consumers. By using composites to decrease car weight, the range of electric vehicles can significantly be increased. Per 100 kg drop in its weight an EV’s range may rise by 10-15%. This makes lightweight composites particularly appealing for automakers who want longer-range cars due to consumer demand. Replacing traditional materials with composites can reduce the weight of certain vehicle components by up to 60%, leading to overall vehicle weight reductions of 20-30%. This substantial weight savings translates into better vehicle efficiency and performance. • Sustainability and Efficiency: The Future of EV Composites Advancements in composite materials and manufacturing present significant opportunities for the EV composites market. These developments address key issues regarding price performance trade-offs as well as sustainability which makes them suitable sources for broader application within EVs field. Next-generation composite types such as nanocomposite or bio-based have better attributes like higher strength/weight ratios and recycle-dependent properties through them respectively. For instance, traditional composites may have up to 50% less strength compared with nanocomposites which makes a room for new EV designs. Manufacturing technologies like AFP and 3D printing are helping bring down cost and complexity in composite manufacturing. These developments can reduce production costs by 30%, thus making mass-market EVs more accessible to composites. Market Segmentation The global EV Composite market is segmented on the basis of fiber type, resin type, application, type, manufacturing process, and region. By Fiber Type Carbon Fiber Glass Fiber Other Fiber By Resin Type Thermoset Thermoplastics By Application Exterior Interior Powertrain & Chassis Battery Enclosure By Type Premium Ultra-Premium Non-Premium By Manufacturing Process Impression Molding Compression Molding RTM By Region North America US Mexico Canada Rest of North America Europe Switzerland Russia France Germany U.K Finland Turkey Netherlands Belgium Spain Italy Rest of Europe Asia Pacific China India South Korea Japan Singapore Thailand Indonesia Malaysia Philippines Australia Rest of Asia-Pacific LAMEA Brazil Saudi Arabia Argentina Uruguay Rest of LAMEA Segment Analysis of the EV Composites Market By Fiber Type: Leading Segment: Carbon Fiber Carbon fiber dominates the EV composites market, accounting for approximately 45% of the market share because of its exceptional strength-to-weight ratio & thermal conductivity. This material significantly reduces vehicle weight, enhancing battery efficiency & range. Companies like BMW and Tesla incorporate carbon fiber composites in their EV models, such as the BMW i3 and Tesla Model S, to improve structural integrity while keeping the vehicle lightweight. Given the growing demand for high-performance EVs, the carbon fiber segment is witnessed to expand at a CAGR of 10% over the next decade. Fastest-Growing Segment: Glass Fiber Glass fiber composites are gaining traction, particularly in mid-range & budget EVs, due to their cost-effectiveness and durability. Expected to grow at a CAGR of 12%, these materials offer a balance between strength & affordability. Ford’s Mustang Mach-E & Hyundai’s Ioniq series integrate glass fiber composites in battery enclosures & chassis components to enhance structural stability without excessive costs. By Resin Type: Leading Segment: Thermoset Resins Thermoset resins, including epoxy & polyester, hold over 60% of the market share due to their superior heat resistance and structural stability. These resins are widely used in powertrain and chassis components as they provide excellent mechanical properties while remaining lightweight. Automakers like Lucid Motors and Rivian rely on thermoset composites to improve impact resistance in their EV platforms. Fastest-Growing Segment: Thermoplastics Thermoplastic composites are expected to grow at a CAGR of 13%, driven by their recyclability & rapid production advantages. These materials allow for greater design flexibility, making them ideal for battery enclosures & lightweight exterior panels. Companies like General Motors are increasingly shifting towards thermoplastic composites for next-generation EV models, such as the Chevrolet Blazer EV, to enhance sustainability. By Application: Leading Segment: Battery Enclosure Battery enclosures dominate the application segment with a market share of 35%, as they are critical for thermal management & crash safety. Electric vehicle (EV) manufacturers are using composite materials more and more to protect batteries while making cars lighter. Tesla, for example, uses high-quality composites for their battery pack casings to improve impact resistance and thermal insulation, which makes their cars safer. Fastest-Growing Segment: Exterior Components The exterior segment is witnessing a CAGR of 14%, driven by the rising demand for aerodynamic, lightweight EV body panels. Manufacturers such as Porsche use composites in the Taycan’s body structure, reducing weight & improving performance. Additionally, the Polestar 2’s composite hood & doors demonstrate how EV makers are leveraging composites for lightweight. By Type: Leading Segment: Premium EVs The premium segment holds 40% of the market share, as high-performance EV manufacturers extensively utilize carbon fiber composites for lightweight & structural enhancements. Brands like Lucid Air & Audi e-tron GT integrate composites to increase range and efficiency while maintaining luxury aesthetics. Fastest-Growing Segment: Ultra-Premium EVs The ultra-premium segment, including luxury & performance-focused EVs, is growing at a CAGR of 15%. Automakers like Rimac & Lotus are setting benchmarks with full carbon fiber monocoque structures, demonstrating the role of composites in next-generation performance EVs. The Lotus Evija, for example, features a fully composite chassis, significantly reducing weight and improving aerodynamics. By Manufacturing Process: Leading Segment: Compression Molding Compression molding makes up 45% of the market because it allows for mass production of lightweight composite parts with very little waste. Companies like Volkswagen and Toyota use these molded composites for both the inside and outside of their vehicles, making them more efficient and durable. Fastest-Growing Segment: Resin Transfer Molding (RTM) RTM is expected to grow at a CAGR of 13%, driven by its ability to produce high-strength, lightweight composite structures with complex geometries. Luxury EV makers such as McLaren & Bugatti are rapidly using RTM for structural components & aerodynamic body parts, reducing production costs while maintaining high quality. By Region: Leading Region: North America North America has 38% of the market, mainly because of major electric vehicle (EV) manufacturers like Tesla, Rivian, and Lucid Motors. The region is focusing more on sustainability, lightweight materials, and battery efficiency, which is speeding up the use of composites. Additionally, U.S. government incentives for EV production are further pushing the demand for composite materials in the market. Fastest-Growing Region: Asia Pacific Asia Pacific is the fastest-growing region, with a CAGR of 14%, fueled by China, Japan & South Korea’s aggressive push toward EV production and innovation. China’s BYD &NIO are pioneering the use of advanced composites in battery casings & lightweight structures, boosting market growth. The Indian government’s FAME (Faster Adoption & Manufacturing of Electric Vehicles) initiative is supporting the adoption of composite materials in locally manufactured EVs. Key Players Teijin Limited (Japan) Toray Industries (Japan) Syensqo (Belgium) Hengrui Corporation (China) Piran Advanced Composites (UK) POLYTEC HOLDING AG (Austria) Exel Composites (Finland) SGL Carbon (Germany) Faurecia (France) Envalior (Germany) Kautex Textron GmbH & Co. KG (Germany) Plastic Omnium (France) Mar-Bal, Inc. (US) Röchling SE & Co. KG (Germany) ElringKlinger AG (Germany) EV Composites Market Report Coverage Report Attribute Details Forecast Period 2024 – 2032 Market Size Value in 2024 USD 2.5 billion Revenue Forecast in 2032 USD 10.75 billion Overall Growth Rate CAGR of 17.6% Base Year for Estimation 2022 Historical Data 2017 – 2021 Unit USD Billion, CAGR (2024 - 2032) Segmentation By Fiber Type, By Resin Type, By Application, By Type, By Manufacturing Process, By Region By Fiber Type Carbon Fiber, Glass Fiber, Other Fiber By Resin Type Thermoset, Thermoplastics By Application Exterior, Interior, Powertrain & Chassis, Battery Enclosure By Type Premium, Ultra-Premium, Non-Premium By Manufacturing Process Impression Molding, Compression Molding, RTM By Region North America, Europe, Asia-Pacific, LAMEA Country Scope US, Canada, Mexico, UK, Germany, France, China, Japan, India, South Korea, Australia, etc. Pricing and Purchase Options Avail customized purchase options to meet your exact research needs. Recent Development In February 2024, the solar electric vehicle (sEV) maker Aptera, located in Carlsbad, California, in the United States, raised over $33 million to finance the first stages of manufacturing for BinC, its composites-intensive sEV. The company successfully finished its Accelerator Program. Through the community-driven Accelerator Program, anyone could reserve one of the first 2,000 car reservations for Aptera by contributing $10,000 or more to the company's crowdfunding campaign. In July 2024, The Volkswagen Group and ivian are collaborating to develop a software-defined vehicle (SDV) platform for use in upcoming electric vehicles (EVs) produced by both businesses. A recent press release states that Volkswagen initially contributed $1 billion to Rivian. Throughout the project, the business intends to invest an extra $4 billion. It is anticipated that the partnership will accelerate the development of software for Rivian and Volkswagen Group. Frequently Asked Question About This Report How big is the EV Composites Market? The EV Composites Market is projected to grow from USD 2.5 billion in 2024 to USD 10.75 billion by 2032, achieving a robust CAGR of 17.6% during the forecast period. What are the key factors driving the growth of the EV Composites Market Key drivers include the increasing demand for lightweight and high-performance materials in electric vehicles to enhance efficiency and range, and global government efforts in promoting EV composite use. Who are the major players in the EV Composites Market? Prominent players include Toray Industries, SGL Carbon, Teijin Limited, and Mitsubishi Chemical Corporation. Which region held the largest EV Composites Market share? Asia-Pacific leads the market, driven by significant EV production in countries like China and Japan. Which type had the largest EV Composites Market share? The Exterior segment holds the largest market share, with composites being extensively used in vehicle body panels and structures. . Table of Contents 1. EXECUTIVE SUMMARY 1.1. Market Attractiveness 1.2. Understanding the Target Customers 1.3. CXO perspective 1.4. Global EV Composites Market, Historical Market Size & Future Projections Analysis 1.5. Global EV Composites Market, By Fiber Type 1.6. Global EV Composites Market, By Resin Type 1.7. Global EV Composites Market, By Application 1.8. Global EV Composites Market, By Type 1.9. Global EV Composites Market, By Manufacturing Process 1.10. Global EV Composites Market, By Region 2. MARKET SHARE ANALYSIS 2.1. Top 10 Players with Revenue and Sales Volume 2.2. Market Share, 2024 3. SALES VOLUME (METRIC TONNES), BY REGION 3.1. Europe (UK, Germany, France, Netherlands, Italy, Spain, Belgium, Sweden, Denmark, Norway, Aland Islands, Rest of Europe) 3.2. Asia (China, Japan, South Korea, India, Indonesia, Rest of Asia) 3.3. Middle-East (Israel, Saudi Arabia, UAE, Qatar, Egypt, Kuwait, Bahrain, and Others) 4. INVESTMENT OPPORTUNITIES IN THE MARKET 4.1. On Going Market Developments 4.2. Merger & Acquisition Trends 4.3. Key Investment Opportunities 4.4. Most Potential Product Fiber Type Segments from Growth and Investment Perspective 5. MARKET INTRODUCTION 5.1. Definition 5.2. Scope of the Study 5.3. Market Structure 5.4. Macro Factor Indicator Analysis 5.5. Key findings 5.5.1. Top investment pockets 6. RESEARCH METHODOLOGY 6.1. Research Process 6.2. Primary Research 6.3. Secondary Research 6.4. Market Size Estimation 6.5. Forecast Model 7. MARKET DYNAMICS 7.1. Introduction 7.2. Drivers 7.3. Restraints 7.4. Opportunities 7.5. Challenges 7.6. Covid 19 Impact Analysis 8. GLOBAL EV COMPOSITES MARKET ANALYSIS BY SEGMENT (REGION LEVEL ANALYSIS) 8.1. Overview 8.2. Global EV Composites Historical Market size ($MILLION), Sales Volume, (2022 – 2032) 8.3. Global EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032) 8.4. Global EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Fiber Type 8.4.1. Carbon Fiber 8.4.2. Glass Fiber 8.4.3. Other Fiber 8.5. Global EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Resin Type 8.5.1. Thermoset 8.5.2. Thermoplastics 8.6. Global EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Application 8.6.1. Exterior 8.6.2. Interior 8.6.3. Powertrain & Chassis 8.6.4. Battery Enclosure 8.7. Global EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Type 8.7.1. Premium 8.7.2. Ultra-Premium 8.7.3. Non-Premium 8.8. Global EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Manufacturing process 8.8.1. Impression Molding 8.8.2. Compression Molding 8.8.3. RTM 8.9. Global EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Geography 8.9.1. Asia 8.9.2. North America 8.9.3. Europe 8.9.4. Middle East 9. NORTH AMERICA EV COMPOSITES MARKET ANALYSIS BY SEGMENT (REGION LEVEL ANALYSIS) 9.1. Overview 9.2. North America EV Composites Historical Market size ($MILLION), Sales Volume, (2022 – 2032) 9.3. North America EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032) 9.4. North America EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Fiber Type 9.4.1. Carbon Fiber 9.4.2. Glass Fiber 9.4.3. Other 9.5. North America EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Resin Type 9.5.1. Thermoset 9.5.2. Thermoplastics 9.6. North America EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Application 9.6.1. Exterior 9.6.2. Interior 9.6.3. Powertrain & Chassis 9.6.4. Battery Enclosure 9.7. North America EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Type 9.7.1. Premium 9.7.2. ULTRA-PREMIUM 9.7.3. Non-Premium 9.8. North America EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Manufacturing process 9.8.1. Impression Molding 9.8.2. Compression Molding 9.8.3. RTM 9.9. North America Large Scale Data Center EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Geography 9.9.1. USA 9.9.2. Canada 9.9.3. Rest of North America 10. EUROPE GLOBAL EV COMPOSITES MARKET ANALYSIS 10.1. Overview 10.2. Europe EV Composites Historical Market size ($MILLION), Sales Volume, (2022 – 2032) 10.3. Europe EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032) 10.4. Europe EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Fiber Type 10.4.1. Carbon Fiber 10.4.2. Glass Fiber 10.4.3. Other 10.5. Europe EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Resin Type 10.5.1. Thermoset 10.5.2. Thermoplastics 10.6. Europe EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Application 10.6.1. Exterior 10.6.2. Interior 10.6.3. Powertrain & Chassis 10.6.4. Battery Enclosure 10.7. Europe EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Type 10.7.1. Premium 10.7.2. ULTRA-PREMIUM 10.7.3. Non-Premium 10.8. Europe EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Manufacturing Process 10.8.1. Impression Molding 10.8.2. Compression Molding 10.8.3. RTM 10.9. Europe EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Region 10.9.1. Germany 10.9.2. UK 10.9.3. France 10.9.4. Spain 10.9.5. Italy 10.9.6. Benelux 10.9.7. Rest of Europe 11. ASIA PACIFIC EV COMPOSITES MARKET ANALYSIS 11.1. Overview 11.2. Asia Pacific EV Composites Historical Market size ($MILLION), Sales Volume, (2022 – 2032) 11.3. Asia Pacific EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032) 11.4. Asia Pacific EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Fiber Type 11.4.1. Carbon Fiber 11.4.2. Glass Fiber 11.4.3. Other 11.5. Asia Pacific EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Resin Type 11.5.1. Thermoset 11.5.2. Thermoplastics 11.6. Asia Pacific EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Application 11.6.1. Exterior 11.6.2. Interior 11.6.3. Powertrain & Chassis 11.6.4. Battery Enclosure 11.7. Asia Pacific EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Type 11.7.1. Premium 11.7.2. ULTRA-PREMIUM 11.7.3. Non-Premium 11.8. Asia Pacific EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Manufacturing Process 11.8.1. Impression Molding 11.8.2. Compression Molding 11.8.3. RTM 11.9. Asia Pacific EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Region 11.9.1. China 11.9.2. Japan 11.9.3. Korea 11.9.4. India 11.9.5. Indonesia 11.9.6. Rest of Asia 12. REST OF THE WORLD EV COMPOSITES MARKET ANALYSIS 12.1. Overview 12.2. Rest of the World EV Composites Market Historical Market size ($MILLION), Sales Volume, (2022 – 2032) 12.3. Rest of the World EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032) 12.4. Rest of the World EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Fiber Type 12.4.1. Carbon Fiber 12.4.2. Glass Fiber 12.4.3. Other 12.5. Rest of the World EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Resin Type 12.5.1. Thermoset 12.5.2. Thermoplastics 12.6. Rest of the World EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Application 12.6.1. Exterior 12.6.2. Interior 12.6.3. Powertrain & Chassis 12.6.4. Battery Enclosure 12.7. Rest of the World EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Type 12.7.1. Premium 12.7.2. ULTRA-PREMIUM 12.7.3. Non-Premium 12.8. Rest of the World EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Manufacturing Process 12.8.1. Impression Molding 12.8.2. Compression Molding 12.8.3. RTM 12.9. Rest of the World EV Composites Market size ($MILLION), Sales Volume, and Forecasts (2024 – 2032), By Region 12.9.1. Latin America 12.9.2. Middle East 12.9.3. Africa 13. COMPANY PROFILES 13.1. TEIJIN LIMITED (JAPAN) 13.1.1. Company Overview 13.1.2. Company Snapshot 13.1.3. Operating business segments 13.1.4. Product Fiber Type offered and Revenue from Global Gas Scrubber Business 13.1.5. Key business performances, strategies and developments 13.2. TORAY INDUSTRIES(JAPAN) 13.2.1. Company Overview 13.2.2. Company Snapshot 13.2.3. Operating business segments 13.2.4. Product Fiber Type offered and Revenue from Global Gas Scrubber Business 13.2.5. Key business performances, strategies and developments 13.3. SYENSQO (BELGIUM) 13.3.1. Company Overview 13.3.2. Company Snapshot 13.3.3. Operating business segments 13.3.4. Product Fiber Type offered and Revenue from Global Gas Scrubber Business 13.3.5. Key business performances, strategies and developments 13.4. HENGRUI CORPORATION (CHINA) 13.4.1. Company Overview 13.4.2. Company Snapshot 13.4.3. Operating business segments 13.4.4. Product Fiber Type offered and Revenue from Global Gas Scrubber Business 13.4.5. Key business performances, strategies and developments 13.5. PIRAN ADVANCED COMPOSITES (UK) 13.5.1. Company Overview 13.5.2. Company Snapshot 13.5.3. Operating business segments 13.5.4. Product Fiber Type offered and Revenue from Global Gas Scrubber Business 13.5.5. Key business performances, strategies and developments 13.6. POLYTEC HOLDING AG (AUSTRIA) 13.6.1. Company Overview 13.6.2. Company Snapshot 13.6.3. Operating business segments 13.6.4. Product Fiber Type offered and Revenue from Global Gas Scrubber Business 13.6.5. Key business performances, strategies and developments 13.7. EXEL COMPOSITES (FINLAND) 13.7.1. Company Overview 13.7.2. Company Snapshot 13.7.3. Operating business segments 13.7.4. Product Fiber Type offered and Revenue from Global Gas Scrubber Business 13.7.5. Key business performances, strategies and developments 13.8. SGL CARBON (GERMANY) 13.8.1. Company Overview 13.8.2. Company Snapshot 13.8.3. Operating business segments 13.8.4. Product Fiber Type offered and Revenue from Global Gas Scrubber Business 13.8.5. Key business performances, strategies and developments 13.9. FAURECIA (FRANCE) 13.9.1. Company Overview 13.9.2. Company Snapshot 13.9.3. Operating business segments 13.9.4. Product Fiber Type offered and Revenue from Global Gas Scrubber Business 13.9.5. Key business performances, strategies and developments 13.10. KAUTEX TEXTRON GMBH & CO. KG (GERMANY) 13.10.1. Company Overview 13.10.2. Company Snapshot 13.10.3. Operating business segments 13.10.4. Product Fiber Type offered and Revenue from Global Gas Scrubber Business 13.10.5. Key business performances, strategies and developments 13.11. OTHER MARKET PLAYERS 13.11.1. Company Overview 13.11.2. Company Snapshot 13.11.3. Operating business segments 13.11.4. Product Fiber Type offered and Revenue from Global Gas Scrubber Business 13.11.5. Key business performances, strategies and developments LIST OF TABLES 1. TABLE: MARKET, BY FIBER TYPE, 2024-2032 (USD MILLION) 2. TABLE: MARKET FOR CARBON FIBER , BY REGION, 2024-2032 (USD MILLION) 3. TABLE: MARKET FOR GLASS FIBER, BY REGION, 2024-2032 (USD MILLION) 4. TABLE: MARKET, BY RESIN TYPE, 2024-2032 (USD MILLION) 5. TABLE: MARKET FOR THERMOSET, BY REGION, 2024-2032 (USD MILLION) 6. TABLE: MARKET FOR THERMOPLASTICS, BY REGION, 2024-2032 (USD MILLION) 7. TABLE: MARKET FOR OTHERS, BY REGION, 2024-2032 (USD MILLION) 8. TABLE: MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 9. TABLE: MARKET FOR EXTERIOR, BY REGION, 2024-2032 (USD MILLION) 10. TABLE: MARKET FOR INTERIOR, BY REGION, 2024-2032 (USD MILLION) 11. TABLE: MARKET FOR POWERTRAIN & CHASSIS, BY REGION, 2024-2032 (USD MILLION) 12. TABLE: MARKET FOR BATTERY ENCLOSURE, BY REGION, 2024-2032 (USD MILLION) 13. TABLE: MARKET FOR OTHERS, BY REGION, 2024-2032 (USD MILLION) 14. TABLE: MARKET, BY TYPE, 2024-2032 (USD MILLION) 15. TABLE: MARKET FOR PREMIUM, BY REGION, 2024-2032 (USD MILLION) 16. TABLE: MARKET FOR ULTRA-PREMIUM, BY REGION, 2024-2032 (USD MILLION) 17. TABLE: MARKET FOR NON-PREMIUM, BY REGION, 2024-2032 (USD MILLION) 18. TABLE: MARKET FOR OTHERS, BY REGION, 2024-2032 (USD MILLION) 19. TABLE: MARKET, BY MANUFACTURING PROCESS, 2024-2032 (USD MILLION) 20. TABLE: MARKET FOR IMPRESSION MOLDING, BY REGION, 2024-2032 (USD MILLION) 21. TABLE: MARKET FOR COMPRESSION MOLDING, BY REGION, 2024-2032 (USD MILLION) 22. TABLE: MARKET FOR RTM, BY REGION, 2024-2032 (USD MILLION) 23. TABLE: MARKET FOR OTHERS, BY REGION, 2024-2032 (USD MILLION) 24. TABLE: MARKET, BY REGION, 2024-2032 (USD MILLION) 25. TABLE: NORTH AMERICA MARKET, BY REGION, 2024-2032 (USD MILLION) 26. TABLE: NORTH AMERICA MARKET, BY FIBER TYPE, 2024-2032 (USD MILLION) 27. TABLE: NORTH AMERICA MARKET, BY RESIN TYPE, 2024-2032 (USD MILLION) 28. TABLE: NORTH AMERICA MARKET, BY RESIN TYPE, 2024-2032 (USD MILLION) 29. TABLE: NORTH AMERICA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 30. TABLE: NORTH AMERICA MARKET, BY TYPE, 2024-2032 (USD MILLION) 31. TABLE: NORTH AMERICA MARKET, BY MANUFACTURING PROCESS, 2024-2032 (USD MILLION) 32. TABLE: USA MARKET BY FIBER TYPE, 2024-2032 (USD MILLION) 33. TABLE: USA MARKET, BY RESIN TYPE, 2024-2032 (USD MILLION) 34. TABLE: USA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 35. TABLE: USA MARKET, BY TYPE, 2024-2032 (USD MILLION) 36. TABLE: USA MARKET, BY MANUFACTURING PROCESS, 2024-2032 (USD MILLION) 37. TABLE: CALIFORNIA MARKET, BY FIBER TYPE, 2024-2032 (USD MILLION) 38. TABLE: CALIFORNIA MARKET, BY RESIN TYPE, 2024-2032 (USD MILLION) 39. TABLE: CALIFORNIA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 40. TABLE: CALIFORNIA MARKET, BY TYPE, 2024-2032 (USD MILLION) 41. TABLE: CALIFORNIA MARKET, BY MANUFACTURING PROCESS, 2024-2032 (USD MILLION) 42. TABLE: TEXAS MARKET BY FIBER TYPE, 2024-2032 (USD MILLION) 43. TABLE: TEXAS MARKET, BY RESIN TYPE, 2024-2032 (USD MILLION) 44. TABLE: TEXAS MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 45. TABLE: TEXAS MARKET, BY TYPE, 2024-2032 (USD MILLION) 46. TABLE: TEXAS MARKET, BY MANUFACTURING PROCESS, 2024-2032 (USD MILLION) 47. TABLE: FLORIDA MARKET, BY FIBER TYPE, 2024-2032 (USD MILLION) 48. TABLE: FLORIDA MARKET, BY RESIN TYPE, 2024-2032 (USD MILLION) 49. TABLE: FLORIDA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 50. TABLE: FLORIDA MARKET, BY TYPE, 2024-2032 (USD MILLION) 51. TABLE: FLORIDA MARKET, BY MANUFACTURING PROCESS, 2024-2032 (USD MILLION) 52. TABLE: CANADA MARKET, BY FIBER TYPE, 2024-2032 (USD MILLION) 53. TABLE: CANADA MARKET, BY RESIN TYPE, 2024-2032 (USD MILLION) 54. TABLE: CANADA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 55. TABLE: CANADA MARKET, BY TYPE, 2024-2032 (USD MILLION) 56. TABLE: CANADA MARKET, BY MANUFACTURING PROCESS, 2024-2032 (USD MILLION) 57. TABLE: MEXICO MARKET, BY FIBER TYPE, 2024-2032 (USD MILLION) 58. TABLE: MEXICO MARKET, BY RESIN TYPE, 2024-2032 (USD MILLION) 59. TABLE: MEXICO MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 60. TABLE: MEXICO MARKET, BY TYPE, 2024-2032 (USD MILLION) 61. TABLE: MEXICO MARKET, BY MANUFACTURING PROCESS, 2024-2032 (USD MILLION) 62. TABLE: REST OF NORTH AMERICA MARKET, BY FIBER TYPE, 2024-2032 (USD MILLION) 63. TABLE: REST OF NORTH AMERICA MARKET, BY RESIN TYPE, 2024-2032 (USD MILLION) 64. TABLE: REST OF NORTH AMERICA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 65. TABLE: REST OF NORTH AMERICA MARKET, BY TYPE, 2024-2032 (USD MILLION) 66. TABLE: REST OF NORTH AMERICA MARKET, BY MANUFACTURING PROCESS, 2024-2032 (USD MILLION) 67. TABLE: EUROPE MARKET, BY REGION, 2024-2032 (USD MILLION) 68. TABLE: EUROPE MARKET, BY FIBER TYPE, 2024-2032 (USD MILLION) 69. TABLE: EUROPE MARKET, BY RESIN TYPE, 2024-2032 (USD MILLION) 70. TABLE: EUROPE MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 71. TABLE: EUROPE MARKET, BY TYPE, 2024-2032 (USD MILLION) 72. TABLE: EUROPE MARKET, BY MANUFACTURING PROCESS, 2024-2032 (USD MILLION) 73. TABLE: UK MARKET, BY FIBER TYPE, 2024-2032 (USD MILLION) 74. TABLE: UK MARKET, BY RESIN TYPE, 2024-2032 (USD MILLION) 75. TABLE: EUROPE MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 76. TABLE: EUROPE MARKET, BY TYPE, 2024-2032 (USD MILLION) 77. TABLE: EUROPE MARKET, BY MANUFACTURING PROCESS, 2024-2032 (USD MILLION) 78. TABLE: SPAIN MARKET, BY FIBER TYPE, 2024-2032 (USD MILLION) 79. TABLE: SPAIN MARKET, BY RESIN TYPE, 2024-2032 (USD MILLION) 80. TABLE: SPAIN MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 81. TABLE: SPAIN MARKET, BY TYPE, 2024-2032 (USD MILLION) 82. TABLE: SPAIN MARKET, BY MANUFACTURING PROCESS, 2024-2032 (USD MILLION) 83. TABLE: BELGIUM MARKET, BY FIBER TYPE, 2024-2032 (USD MILLION) 84. TABLE: BELGIUM MARKET, BY RESIN TYPE, 2024-2032 (USD MILLION) 85. TABLE: BELGIUM MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 86. TABLE: BELGIUM MARKET, BY TYPE, 2024-2032 (USD MILLION) 87. TABLE: BELGIUM MARKET, BY MANUFACTURING PROCESS, 2024-2032 (USD MILLION) 88. TABLE: SCANDINAVIAN MARKET, BY FIBER TYPE, 2024-2032 (USD MILLION) 89. TABLE: SCANDINAVIAN MARKET, BY RESIN TYPE, 2024-2032 (USD MILLION) 90. TABLE: SCANDINAVIAN MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 91. TABLE: SCANDINAVIAN MARKET, BY TYPE, 2024-2032 (USD MILLION) 92. TABLE: SCANDINAVIAN MARKET, BY MANUFACTURING PROCESS, 2024-2032 (USD MILLION) 93. TABLE: GERMANY MARKET, BY FIBER TYPE, 2024-2032 (USD MILLION) 94. TABLE: GERMANY MARKET, BY RESIN TYPE, 2024-2032 (USD MILLION) 95. TABLE: GERMANY MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 96. TABLE: GERMANY MARKET, BY TYPE, 2024-2032 (USD MILLION) 97. TABLE: GERMANY MARKET, BY MANUFACTURING PROCESS, 2024-2032 (USD MILLION) 98. TABLE: FRANCE MARKET, BY FIBER TYPE, 2024-2032 (USD MILLION) 99. TABLE: FRANCE MARKET, BY RESIN TYPE, 2024-2032 (USD MILLION) 100. TABLE: FRANCE MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 101. TABLE: FRANCE MARKET, BY TYPE, 2024-2032 (USD MILLION) 102. TABLE: FRANCE MARKET, BY MANUFACTURING PROCESS, 2024-2032 (USD MILLION) 103. TABLE: ITALY MARKET, BY FIBER TYPE, 2024-2032 (USD MILLION) 104. TABLE: ITALY MARKET, BY RESIN TYPE, 2024-2032 (USD MILLION) 105. TABLE: ITALY MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 106. TABLE: ITALY MARKET, BY TYPE, 2024-2032 (USD MILLION) 107. TABLE: ITALY MARKET, BY MANUFACTURING PROCESS, 2024-2032 (USD MILLION) 108. TABLE: REST OF EUROPE MARKET, BY FIBER TYPE, 2024-2032 (USD MILLION) 109. TABLE: REST OF EUROPE MARKET, BY RESIN TYPE, 2024-2032 (USD MILLION) 110. TABLE: REST OF EUROPE MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 111. TABLE: REST OF EUROPE MARKET, BY TYPE, 2024-2032 (USD MILLION) 112. TABLE: REST OF EUROPE MARKET, BY MANUFACTURING PROCESS, 2024-2032 (USD MILLION) 113. TABLE: ASIA MARKET, BY FIBER TYPE, 2024-2032 (USD MILLION) 114. TABLE: ASIA MARKET, BY RESIN TYPE, 2024-2032 (USD MILLION) 115. TABLE: ASIA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 116. TABLE: ASIA MARKET, BY TYPE, 2024-2032 (USD MILLION) 117. TABLE: ASIA MARKET, BY MANUFACTURING PROCESS, 2024-2032 (USD MILLION) 118. TABLE: CHINA MARKET, BY FIBER TYPE, 2024-2032 (USD MILLION) 119. TABLE: CHINA MARKET, BY RESIN TYPE, 2024-2032 (USD MILLION) 120. TABLE: CHINA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 121. TABLE: CHINA MARKET, BY TYPE, 2024-2032 (USD MILLION) 122. TABLE: CHINA MARKET, BY MANUFACTURING PROCESS, 2024-2032 (USD MILLION) 123. TABLE: INDIA MARKET, BY FIBER TYPE, 2024-2032 (USD MILLION) 124. TABLE: INDIA MARKET, BY RESIN TYPE, 2024-2032 (USD MILLION) 125. TABLE: INDIA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 126. TABLE: INDIA MARKET, BY TYPE, 2024-2032 (USD MILLION) 127. TABLE: INDIA MARKET, BY MANUFACTURING PROCESS, 2024-2032 (USD MILLION) 128. TABLE: JAPAN MARKET, BY FIBER TYPE, 2024-2032 (USD MILLION) 129. TABLE: JAPAN MARKET, BY RESIN TYPE, 2024-2032 (USD MILLION) 130. TABLE: JAPAN MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 131. TABLE: JAPAN MARKET, BY TYPE, 2024-2032 (USD MILLION) 132. TABLE: JAPAN MARKET, BY MANUFACTURING PROCESS, 2024-2032 (USD MILLION) 133. TABLE: SOUTH KOREA MARKET, BY FIBER TYPE, 2024-2032 (USD MILLION) 134. TABLE: SOUTH KOREA MARKET, BY RESIN TYPE, 2024-2032 (USD MILLION) 135. TABLE: SOUTH KOREA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 136. TABLE: SOUTH KOREA MARKET, BY TYPE, 2024-2032 (USD MILLION) 137. TABLE: SOUTH KOREA MARKET, BY MANUFACTURING PROCESS, 2024-2032 (USD MILLION) 138. TABLE: INDONESIA MARKET, BY FIBER TYPE, 2024-2032 (USD MILLION) 139. TABLE: INDONESIA MARKET, BY RESIN TYPE, 2024-2032 (USD MILLION) 140. TABLE: INDONESIA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 141. TABLE: INDONESIA MARKET, BY TYPE, 2024-2032 (USD MILLION) 142. TABLE: INDONESIA MARKET, BY MANUFACTURING PROCESS, 2024-2032 (USD MILLION) 143. TABLE: REST OF ASIA MARKET, BY FIBER TYPE, 2024-2032 (USD MILLION) 144. TABLE: REST OF ASIA MARKET, BY RESIN TYPE, 2024-2032 (USD MILLION) 145. TABLE: REST OF ASIA MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 146. TABLE: REST OF ASIA MARKET, BY TYPE, 2024-2032 (USD MILLION) 147. TABLE: REST OF ASIA MARKET, BY MANUFACTURING PROCESS, 2024-2032 (USD MILLION) 148. TABLE: REST OF THE WORLD MARKET, BY FIBER TYPE,, 2024-2032 (USD MILLION) 149. TABLE: REST OF THE WORLD MARKET, BY RESIN TYPE, 2024-2032 (USD MILLION) 150. TABLE: REST OF THE WORLD MARKET, BY APPLICATION, 2024-2032 (USD MILLION) 151. TABLE: REST OF THE WORLD MARKET, BY TYPE, 2024-2032 (USD MILLION) 152. TABLE: REST OF THE WORLD MARKET, BY MANUFACTURING PROCESS, 2024-2032 (USD MILLION) 153. TABLE: TORAY INDUSTRIES(JAPAN): COMPANY SNAPSHOT 154. TABLE: TORAY INDUSTRIES(JAPAN): OPERATING SEGMENTS 155. TABLE: SYENSQO (BELGIUM): COMPANY SNAPSHOT 156. TABLE: SYENSQO (BELGIUM): OPERATING SEGMENTS 157. TABLE: HENGRUI CORPORATION (CHINA): COMPANY SNAPSHOT 158. TABLE: HENGRUI CORPORATION (CHINA): OPERATING SEGMENTS 159. TABLE: TEIJIN LIMITED (JAPAN) COMPANY SNAPSHOT 160. TABLE: TEIJIN LIMITED (JAPAN) OPERATING SEGMENTS 161. TABLE: PIRAN ADVANCED COMPOSITES (UK): COMPANY SNAPSHOT 162. TABLE: PIRAN ADVANCED COMPOSITES (UK): OPERATING SEGMENTS 163. TABLE: POLYTEC HOLDING AG (AUSTRIA): COMPANY SNAPSHOT 164. TABLE: POLYTEC HOLDING AG (AUSTRIA): OPERATING SEGMENTS 165. TABLE: EXEL COMPOSITES (FINLAND): COMPANY SNAPSHOT 166. TABLE: EXEL COMPOSITES (FINLAND): OPERATING SEGMENTS 167. TABLE: SGL CARBON (GERMANY): COMPANY SNAPSHOT 168. TABLE: SGL CARBON (GERMANY): OPERATING SEGMENTS 169. TABLE: FAURECIA (FRANCE): COMPANY SNAPSHOT 170. TABLE: FAURECIA (FRANCE): OPERATING SEGMENTS 171. TABLE: KAUTEX TEXTRON GMBH & CO. KG (GERMANY): COMPANY SNAPSHOT 172. TABLE: KAUTEX TEXTRON GMBH & CO. KG (GERMANY): OPERATING SEGMENTS LIST OF FIGURES 1. Figure: Market: Research Methodology Steps 2. Figure: Research Design 3. Figure: Breakdown of Primaries: Market 4. Figure: Research Methodology: Hypothesis Building 5. Figure: Market: Product Fiber Type and Service-Based Estimation 6. Figure: Top 10 Companies with Highest No. Of Patent in Last 9 Years 7. Figure: Growth Strategies Adopted by the Key Players 8. Figure: No. of Patents Granted Per Year, 2024–2032 9. Figure: Data Triangulation Methodology 10. Figure: Dominating Market Share, By Fiber Type, 2024 vs. 2032 (USD MILLION) 11. Figure: Dominating Market Share, By Resin Type, 2024 vs. 2032 (USD MILLION) Figure: Dominating Market Share, By Manufacturing process, 2024 vs. 2032 (USD MILLION) 12. Figure: Dominating Market Share, By Application, 2024 vs. 2032 (USD MILLION) 13. Figure: Dominating Market Share, By Type, 2024 vs. 2032 (USD MILLION) 14. Figure: Geographical Snapshot of the Market 15. Figure: Carbon Fiber to Witness Higher Share in the Market for Fiber Type Segment during the Forecast Period. 16. Figure: North America Accounted for the Largest Share of the Market, By Regional Basis, in 2024 17. Figure: Market: Drivers, Restraints, Opportunities, and Challenges 18. Figure: Asia: Market Snapshot 19. Figure: Europe: Market Snapshot 20. Figure: Middle East: Market Snapshot 21. Figure: Vendor Dive: Evaluation Overview 22. Figure: Gas Scrubber: Competitive Benchmarking 23. Figure: Toray Industries(Japan): Financial Overview (2024-2032) 24. Figure: Syensqo (Belgium): Financial Overview (2024-2032) 25. Figure: TEIJIN LIMITED (JAPAN) Financial Overview (2024-2032) 26. Figure: Piran Advanced Composites (UK): Financial Overview (2024-2032) 27. Figure: POLYTEC HOLDING AG (Austria): Financial Overview (2024-2032) 28. Figure: SGL Carbon (Germany): Financial Overview (2024-2032) 29. Figure: Faurecia (France): Financial Overview (2024-2032) 30. Figure: Kautex Textron GmbH & Co. KG (Germany): Financial Overview (2024-2032)