The Europe composites market was worth USD 18.40 Billion in 2024. The market is expected to grow at a CAGR of 5.10% during the forecast period 2025 to 2034.

The Europe Aerospace Composites Market is Segmented by Fiber Type (Glass Fiber, Carbon Fiber, Ceramic Fiber, and Other Fiber Types), Application (Military Aviation, Commercial Aviation, General Aviation, and Space), and Geography (United Kingdom, France, Germany, Italy, Spain, and the Rest of Europe). The Report Offers Market Size and Forecast for all the Above Segments in Value (USD).

The Europe Composites Market size was valued at USD 20.27 billion in 2023 and is projected to reach USD 31.09 billion by 2032, exhibiting a CAGR of 6.3 % during the forecasts period. The composite materials industry is a dynamic field that encompasses a wide range of materials that are composed of two or more components with different physical or chemical properties. These materials are combined to achieve superior structural performance, durability, and custom properties suitable for a wide range of applications in industries such as aerospace, automotive, construction, and electronics. Composites typically consist of a matrix material (such as polymer, metal, or ceramic) reinforced with fibers (such as carbon, glass, or aramid). Several factors are driving the growth of the composite materials market. These include the demand for lightweight materials to improve fuel efficiency in the automotive and aerospace industries, the need for corrosion-resistant materials in construction and infrastructure projects, and the increased adoption of renewable energy technologies. Composites have advantages over traditional materials such as metals, such as a higher strength-to-weight ratio, resistance to fatigue and corrosion, and greater design flexibility. Advances in composite manufacturing technologies, including automated manufacturing methods and innovative resin formulations, are fueling market expansion by improving efficiency and lowering costs. In addition, strict regulations promoting environmental sustainability and recyclability encourage the development of environmentally friendly composite materials. As a result, the composites market is rapidly evolving and offers promising opportunities for manufacturers and end-users seeking advanced, high-performance materials for various industrial applications.

The market size of construction composites in Europe amounted to roughly *** billion U.S. dollars in 2023. It is estimated that the market size will increase with a compound annual growth rate (CAGR) of **** percent from 2023 to 2030. Europe's market size of construction composites in 2030 is expected to reach some ***** billion U.S. dollars.

The Europe Carbon Fiber Medical Composites market size will expand at a compound annual growth rate (CAGR) of 2.1% from 2023 to 2030.

Europe Automotive Composites Market is projected to grow around USD 7.8 billion by 2031, at a CAGR of 13.5% during the forecast period.

The Europe Automotive Glass Fiber Composites market size is USD 3.12 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 5.1% from 2023 to 2030.

The Europe Automotive Thermoplastic Polymer Composite Market is Segmented by Production Type (Hand Layup, Resin Transfer Molding, Vacuum Infusion Processing, Injection Molding, and Compression Molding), by Application Type (Structural Assembly, Power Train Components, Interior, Exterior, and Others) and by Country.

In Europe Automotive Composites Market, Toray Amber Tool epoxy manufacturing prepregs are indeed the mainstream technology

The Europe advanced space composites market is estimated to reach $1.38 billion by 2033 at a CAGR of 13.09% during the forecast period 2023-2033.

The market size of Europe carbon fiber composites is estimated to reach $0.9028 billion by 2033, exhibiting a CAGR of 8.68% during the forecast period. The growing adoption of carbon fiber composites in various industries, such as aerospace & defense, automotive, wind power, and marine, drives market growth. Additionally, the increasing demand for lightweight and high-performance materials in these industries is fueling the demand for carbon fiber composites. Key trends shaping the market include advancements in manufacturing technologies, such as automated fiber placement and resin transfer molding, leading to improved efficiency and reduced production costs. Moreover, the development of sustainable and recyclable carbon fiber composites is gaining traction, contributing to the overall growth of the market. However, the high cost of raw materials and complex manufacturing processes remain as challenges for the industry. Recent developments include: March 2023: SGL Carbon expanded material portfolio with new 50k carbon fiber at JEC World 2023. The new SIGRAFIL® C T50-4.9/235 carbon fiber will match the high strength requirements for common pressure vessel designs and exhibits a high elongation capacity. It also enables further applications in market segments that require high strength and elongation., July 2023: Huntsman Corporation, V-Carbon collaborated to recycle the entire carbon-fiber composite, including the fiber and resin or its chemical components., May 2022: Solvay expanded its SolvaLite® portfolio with prepregs for automotive body panels and invests in Xencor™ LFT production facilities.. Notable trends are: Increasing Demand from Automotive and Aerospace Industries.

The Europe Wood Plastic Composites Market would witness market growth of 9.3% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 611.8 kilo tonnes, showcasing a growth of 6.8% (2019-2022). Polyvinylchloride (PVC) is a key component in the wood plast

The transportation sector accounted for the largest share of total thermoplastic composites market in Europe in 2024, at **** percent. The transportation sector includes the production of passenger cars, aviation, and other commercial vehicles. The electronics sector accounted for the second-largest share of the European thermoplastic composites market in 2024, at **** percent.

In 2023, Germany accounted for the largest share of the total composites market in Europe, at 19.4 percent. Eastern Europe had the second-largest share of the composites market that year at 19 percent. The Scandinavian countries, which include Denmark, Norway, Sweden and Finland, accounted for 3.4 percent of the composites market share.

Europe rail composites market is projected to reach $631.9 million by 2034 from $305.0 million in 2024, growing at a CAGR of 7.55% during the forecast period 2024-2034.

The construction sector accounted for the largest share of the total thermosets composites market Europe in 2023, at **** percent. The transportation sector accounted for the second-largest share of the European thermosets composites market in 2023, at **** percent. The transportation sector includes the production of passenger cars, aviation, and other commercial vehicles.

Europe Fiber Reinforced Polymer Composites market USD 22846.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031. emphasis on sustainability and stringent environmental regulations fuels demand in automotive applications is expected to aid the sales to USD 32520.2 million by 2031

Europe held the major market of more than 30% of the global revenue with a market size of USD 0.09 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2023 to 2030

The size of the Europe & Middle East Composites Market was valued at USD 12.94 billion in 2023 and is projected to reach USD 20.24 billion by 2032, with an expected CAGR of 6.6 % during the forecast period. The Europe and Middle East composites market is growing at a significant rate due to the increasing demand of various industries such as aerospace, automotive, construction, and renewable energy. Composites are materials made from two or more different substances and provide superior strength, light weight, and durability, making them ideal for applications where performance and efficiency are critical. Composites are increasingly used in the aerospace and automotive industries to reduce weight and fuel consumption, while in the construction industry, they are also used for their resilience and adaptability in building materials. Increasingly, the growth of wind energy solutions within the region is also enhancing demand for composites as these are essential for the manufacture of blades in wind turbines. Another growth driver is improvements in techniques of manufacturing composites, and the thrust for sustainability, which also helps expand the market in the Europe and Middle East regions as more industries are looking at solutions that are more effective and environment-friendly. Recent developments include: In 2022, SABIC launched a novel series of STAMAX long glass fiber polypropylene (PP) composites, incorporating recycled materials as part of its TRUCIRCLE portfolio. These pioneering composites, featuring mechanically recycled resins by SABIC, are engineered for deployment across a wide range of automotive applications. This included parts found within the vehicle’s interior and exterior, as well as its structural anatomy, marking a significant stride toward sustainable automotive manufacturing. , In November 2023, Solvay unveiled SolvaLite 716 FR, an advanced epoxy prepreg designed exceptionally for high-end Battery Electric Vehicles (BEVs). This innovative composite offers flame resistance, electromagnetic interference shielding, and a notable reduction in weight when compared to conventional composites and metals. Featuring a glass transition temperature of 145°C and a rapid cure time of just eight minutes, SolvaLite 716 FR enhances both fire safety and production efficiency. .

The Europe Carbon Fiber Composites report features an extensive regional analysis, identifying market penetration levels across major geographic areas. It highlights regional growth trends and opportunities, allowing businesses to tailor their market entry strategies and maximize growth in specific regions.