Europe Composites Market worth $59.84 billion by 2030
The report "Europe Composites Market by Fiber Type (Glass Fiber Composites, Carbon Fiber Composites, Natural Fiber Composites), Resin Type (Thermoset Composites, Thermoplastic Composites), Manufacturing Process (Layup, Compression Molding, Injection Molding, RTM, Filament Winding, Pultrusion), End-use Industry (Aerospace & defense, Wind Energy, Automotive & Transportation, Construction & Infrastructure, Marine, Pipes, Tanks & Pressure Vessels, Electrical & Electronics), and Country - Forecast to 2030", in Europe is estimated to be USD 36.81 billion in 2025 and is expected to reach USD 59.84 billion by 2030, at a CAGR of 10.2% during the forecast period.
Browse 150 market data Tables and 150 Figures spread through 200 Pages and in-depth TOC on "Europe Composites Market by Fiber Type (Glass Fiber Composites, Carbon Fiber Composites, Natural Fiber Composites), Resin Type (Thermoset Composites, Thermoplastic Composites), Manufacturing Process (Layup, Compression Molding, Injection Molding, RTM, Filament Winding, Pultrusion), End-use Industry (Aerospace & defense, Wind Energy, Automotive & Transportation, Construction & Infrastructure, Marine, Pipes, Tanks & Pressure Vessels, Electrical & Electronics), and Country - Forecast to 2030"
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Europe's demand for composites is predicted to rise as the region prioritizes lightweighting, energy efficiency, and sustainability in key industries such as aerospace, automotive, and wind energy. Aircraft manufacturers and suppliers are boosting the use of composites to cut fuel consumption and emissions, while automakers are using more composite components to meet stringent CO2 rules and improve the performance and range of electric vehicles. Europe also leads the world in wind energy installations, where composite materials are required for huge turbine blades. Europe has strong regulatory frameworks, excellent R&D skills, established composite manufacturing clusters, and active investment in new technologies, making it a major market.
The glass fiber composites segment accounted for the largest share in the composites market in Europe in 2024.
The glass fiber composites segment accounted for the largest share in the composites market in Europe in 2024 as they provide an appealing mix of strength, durability, and cheap cost, making them appropriate for large-scale use across major Industries. Glass fiber materials are widely used in the European automotive, building, transportation, electrical, and wind energy industries for structural elements, reinforcement, panels, blades, and insulation, where performance requirements are high but cost sensitivity is even higher. Glass fiber composites are easier to manufacture, more widely available, compatible with a variety of resins and production systems, and offer consistent mechanical qualities at a lower cost than carbon fiber.
The thermoset resin segment accounted for the largest segment in the composites market in Europe in 2024.
The thermoset resin segment dominates the composites market in Europe in 2024 as it is widely employed in industries such as automotive, wind energy, aerospace, and construction, all of which demand high strength, durability, and heat resistance. Epoxy, polyester, and vinyl ester thermosets are ideal for big structural components as they have great mechanical performance and can be reinforced with glass or carbon fiber. Their ability to tolerate extreme environments, retain dimensional stability, and provide a long service life makes them the chosen material for wind turbine blades, aviation parts, automotive components, and building items. The established production ecosystem, proven processing processes, and reduced material prices compared to thermoplastics all contribute to thermoset resins' dominant market position in Europe.
Filament winding process is the fastest-growing manufacturing process in the composites market in Europe.
Filament winding is the fastest-growing manufacturing process in the composites market in Europe due to its great efficiency in making strong, lightweight, and high-precision cylindrical structures for wind energy, aerospace, pressure vessels, and industrial applications. Wind turbine and hydrogen storage tank manufacturing is concentrated in Europe, where filament-wound composite components are being used to attain high strength-to-weight ratios and consistent quality. The process has high automation potential, saves labor costs, minimizes material waste, and ensures repeatable performance, which is consistent with Europe's emphasis on productivity, sustainability, and advanced manufacturing. As demand for wind energy, hydrogen infrastructure, and lightweight aircraft parts grows, filament winding is becoming increasingly popular and has emerged as the fastest-growing composite manufacturing process in the region.
Wind energy is the second-fastest growing end-use industry for composites in Europe.
Wind energy is Europe's second-fastest-growing end-use industry for composites. This is owed to the region's continued expansion of renewable energy capacity and the demand for big, high-performance turbine blades constructed of lightweight and durable composite materials. Europe has well-established offshore and onshore wind infrastructure, strong regulatory backing for clean energy, and ongoing investments in larger turbines with longer blades, all of which boost composite usage. Composites' mechanical strength, fatigue resistance, and corrosion protection make them ideal for wind applications, particularly in severe offshore locations. As Europe pushes for energy transition and carbon reduction targets, wind energy installations continue to increase, accelerating demand for composite materials in this sector.
Germany is projected to be the fastest-growing composites market in Europe.
Germany is the fastest-growing composites market in Europe. A combination of robust industry demand, advanced engineering expertise, and favourable innovation and regulatory environments is driving the market in the country. It has an established automotive and transportation industry featuring leading car manufacturers and Tier 1 firms increasingly deploying composites in support of automotive lightweighting, electrification, and emission reduction strategies. On the other hand, the overall European market is fueled by the swift adoption of EVs in recent years, especially in countries such as Norway, Sweden, and the UK. Composites are increasingly used in EV battery enclosures, EV structural parts, and EV interior trims to boost EV performance. The increasing demand for advanced renewable energy systems, especially offshore and onshore wind energy in countries such as the UK, Norway, and Sweden, will increase the consumption of high-performance composites in wind turbine blades and wind turbine structural parts. The construction and infrastructure industries in Europe are increasingly adopting advanced composite materials, especially in countries such as the UK, Sweden, and Norway.
Key Players
The key players in the composites market in Europe are Owens Corning (US), Toray Industries, Inc. (Japan), Teijin Limited (Japan), Mitsubishi Chemical Holdings Corporation (Japan), SGL Group (Germany), Nippon Electric Glass Co., Ltd. (Japan), Hexcel Corporation (US), Solvay (Belgium), and China Jushi Co., Ltd. (China), among others.
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