Fiber Reinforced Composites Market - Size, Share & Analysis

Name: Fiber Reinforced Composites Market - Size, Share & Analysis
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Fiber Reinforced Composites Market Trends

Aerospace Industry is likely to Witness the Highest Growth

The demand for fuel-efficient and long haul aircraft is the major driving factor for the carbon fiber composite industry.
Use of carbon fiber composites in wings can reduce the weight of the aircraft by around 50,000 pounds. It offers superior strength to weight ratio, high chemical resistance, high stiffness and low thermal expansion. Also, its mechanical properties can be tailored to the application.
The use of composite materials in commercial transport aircraft is lucrative as the reduced airframe weight enables better fuel economy and therefore lowers operating costs.
Reduced maintenance and longer design life, fewer parts, and reduced tooling and assembly costs are some of the reasons driving the market for carbon fiber in the aerospace industry.
Hence, owing to the above-mentioned reasons, aerospace industry is expected to witness the highest growth during the forecast period.

Fiber Reinforced Composites Market Share

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North America to Dominate the Market

North America has emerged as one of the largest fiber reinforced composites markets in the recent years.
The building & construction industry represents the major outlet for fiber reinforced composite(FRC)s and is expected to provide the best opportunities for the growth of the market during the forecast period.
This region is expected to register the highest demand for FRC, owing to the increasing demand from aerospace and defense , wind turbine, and sports/leisure industries.
Large concentration of aircraft makers such as Airbus and automobile giants in this region are expected to drive the market in this region.
Hence, owing to the above-mentioned factors, North America is expected to dominate the market during the forecast period.

Fiber Reinforced Composites Market Growth Rate

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Fiber Reinforced Composites Industry Overview

The global fiber reinforced composites market is moderately fragmented as the market share is divided between many players. Key players in the market include Toray Industries, Inc., Hexcel Corporation, Solvay, SABIC, and PolyOne Corporation, among others.

Fiber Reinforced Composites Market Leaders

TORAY INDUSTRIES, INC
Hexcel Corporation
Solvay
SABIC
PolyOne Corporation
*Disclaimer: Major Players sorted in no particular order

TORAY INDUSTRIES, INC., Hexcel Corporation, Solvay, SABIC, PolyOne Corporation, TPI Composites., Plasan Carbon Composites

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Fiber Reinforced Composites Market Report - Table of Contents

1. INTRODUCTION

1.1 Study Assumptions
1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

4.1 Drivers
- 4.1.1 High Strength to Weight Ratio, Corrosion Resistance, Moisture & Chemical Resistance of Fiber Reinforced Composites
- 4.1.2 Growing Demand from the Aerospace Industry
- 4.1.3 Other Drivers
4.2 Restraints
- 4.2.1 High Cost of Raw Materials
- 4.2.2 Other Restraints
4.3 Industry Value-chain Analysis
4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition

5. MARKET SEGMENTATION

5.1 Fiber Type
- 5.1.1 Carbon Fibers
- 5.1.2 Fiberglass
- 5.1.3 Aramid Fibers
- 5.1.4 Boron Fibers
5.2 Matrix
- 5.2.1 Polymer Matrix Composites
- 5.2.2 Metal Matrix Composites
- 5.2.3 Ceramic Composites
- 5.2.4 Carbon-Carbon Composites
- 5.2.5 Hybrid Composites
5.3 End-user Industry
- 5.3.1 Building & Construction
- 5.3.2 Automotive
- 5.3.3 Electrical & Electronics
- 5.3.4 Aerospace & Defense
- 5.3.5 Sporting goods
- 5.3.6 Wind Energy
- 5.3.7 Others
5.4 Geography
- 5.4.1 Asia-Pacific
- 5.4.1.1 China
- 5.4.1.2 India
- 5.4.1.3 Japan
- 5.4.1.4 South Korea
- 5.4.1.5 ASEAN Countries
- 5.4.1.6 Rest of Asia-Pacific
- 5.4.2 North America
- 5.4.2.1 United States
- 5.4.2.2 Canada
- 5.4.2.3 Mexico
- 5.4.3 Europe
- 5.4.3.1 Germany
- 5.4.3.2 United Kingdom
- 5.4.3.3 France
- 5.4.3.4 Italy
- 5.4.3.5 Rest of Europe
- 5.4.4 South America
- 5.4.4.1 Brazil
- 5.4.4.2 Argentina
- 5.4.4.3 Rest of South America
- 5.4.5 Middle-East & Africa
- 5.4.5.1 Saudi Arabia
- 5.4.5.2 South Africa
- 5.4.5.3 Rest of Middle-East & Africa

6. COMPETITIVE LANDSCAPE

6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share/Ranking Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
- 6.4.1 TORAY INDUSTRIES, INC.
- 6.4.2 Hexcel Corporation
- 6.4.3 Solvay
- 6.4.4 SABIC
- 6.4.5 PolyOne Corporation
- 6.4.6 TPI Composites.
- 6.4.7 Plasan Carbon Composites
*List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Fiber Reinforced Composites Industry Segmentation

The Fiber Reinforced Composites market report includes:

Fiber Type	Carbon Fibers
	Fiberglass
	Aramid Fibers
	Boron Fibers
Matrix	Polymer Matrix Composites
	Metal Matrix Composites
	Ceramic Composites
	Carbon-Carbon Composites
	Hybrid Composites
End-user Industry	Building & Construction
	Automotive
	Electrical & Electronics
	Aerospace & Defense
	Sporting goods
	Wind Energy
	Others

Geography	Asia-Pacific	China
		India
		Japan
		South Korea
		ASEAN Countries
		Rest of Asia-Pacific

	North America	United States
		Canada
		Mexico

	Europe	Germany
		United Kingdom
		France
		Italy
		Rest of Europe

	South America	Brazil
		Argentina
		Rest of South America

	Middle-East & Africa	Saudi Arabia
		South Africa
		Rest of Middle-East & Africa

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Fiber Reinforced Composites Market Research FAQs

What is the current Fiber Reinforced Composites Market size?

The Fiber Reinforced Composites Market is projected to register a CAGR of greater than 7% during the forecast period (2025-2030)

Who are the key players in Fiber Reinforced Composites Market?

TORAY INDUSTRIES, INC, Hexcel Corporation, Solvay, SABIC and PolyOne Corporation are the major companies operating in the Fiber Reinforced Composites Market.

Which is the fastest growing region in Fiber Reinforced Composites Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Fiber Reinforced Composites Market?

In 2025, the North America accounts for the largest market share in Fiber Reinforced Composites Market.

What years does this Fiber Reinforced Composites Market cover?

The report covers the Fiber Reinforced Composites Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Fiber Reinforced Composites Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Fiber Reinforced Composites Industry Report

Statistics for the 2025 Fiber Reinforced Composites market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Fiber Reinforced Composites analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Fiber Reinforced Composites Market Report Snapshots

Fiber Reinforced Composites Companies

Study Period	2019 - 2030
Base Year For Estimation	2024
Forecast Data Period	2025 - 2030
Historical Data Period	2019 - 2023
CAGR	7.00 %
Fastest Growing Market	Asia Pacific
Largest Market	North America
Major Players *Disclaimer: Major Players sorted in no particular order

Study Period:
CAGR:
Countries/ Region Covered:
Major Players:

Fiber Reinforced Composites Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)