Asia Pacific Composites Market Size to Reach USD 83.78 Billion by 2030, Driven by EV Adoption, Wind Energy Expansion, and Growing Demand for Lightweight Materials | Report by MarketsandMarkets™

According to MarketsandMarkets™, the Asia Pacific Composites Market is projected to grow from USD 48.27 billion in 2025 to USD 83.78 billion by 2030, registering a CAGR of 11.6% during the forecast period. The market is driven by strong demand for high-performance, lightweight materials across electric vehicles, wind energy, aerospace, construction, marine, and other industries. The region’s strong manufacturing ecosystem, increasing localization of fiber and resin production, and adoption of advanced composite manufacturing technologies are further supporting market growth.

The Asia Pacific region has a significant presence of major glass fiber and carbon fiber producers, particularly in China, Japan, and South Korea. Increasing investments in renewable energy and the rapid expansion of electric vehicle manufacturing are creating substantial opportunities for composite materials across the region.

Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=119980354

By fiber type, the glass fiber composites segment accounted for the largest market share during the forecast period.

The glass fiber composites segment is projected to maintain its leading position in the Asia Pacific composites market due to its favorable combination of strength, durability, flexibility, cost-effectiveness, and suitability for high-volume manufacturing.

Glass fiber composites are widely used in construction and infrastructure, wind energy, automotive, electrical and electronics, industrial equipment, and sporting goods. The availability of large-scale glass fiber manufacturing capabilities in China, India, and Southeast Asia provides competitive pricing and reliable supply for mass-market applications.

By resin type, the thermoset composites segment accounted for the largest market share in 2024.

The thermoset composites segment dominated the Asia Pacific composites market in 2024. Thermoset resins, including polyester, vinyl ester, and epoxy, offer excellent mechanical strength, chemical resistance, impact performance, and moisture resistance.

These materials are extensively used in wind energy, construction and infrastructure, transportation, pipes and tanks, marine, and electrical applications. Their established processing ecosystem and strong performance in demanding environments continue to support their widespread adoption.

By manufacturing process, the layup segment accounted for the largest market share in 2024.

The layup manufacturing process accounted for the largest market share in 2024. The process is widely used because of its versatility and suitability for producing large and complex composite structures.

At the same time, increasing demand for filament winding is creating new opportunities in the region. Filament winding is increasingly used for pressure vessels, pipes, tanks, automotive fuel storage systems, and hydrogen storage applications. Advancements in automation, robotics, and composite materials are further improving the efficiency and scalability of this manufacturing process.

By end-use industry, the wind energy segment is expected to continue its dominance during the forecast period.

The wind energy segment is expected to continue dominating the Asia Pacific composites market. Composite materials are extensively used in wind turbine blades because of their high strength-to-weight ratio, fatigue resistance, stiffness, and corrosion resistance.

The increasing installation of larger onshore and offshore wind turbines is raising the amount of composite material used per turbine. The region’s growing focus on renewable energy and expansion of wind power capacity are therefore creating strong demand for glass fiber and advanced composite materials.

China is projected to register high growth in the Asia Pacific composites market during the forecast period.

China accounted for 51.4% of the Asia Pacific composites market in 2024 and is expected to remain a major growth engine for the regional market. The country’s strong manufacturing base, large automotive industry, expanding electric vehicle production, and significant wind energy investments are generating substantial demand for composites.

China is also increasingly developing domestic capabilities for high-modulus carbon fiber, specialty epoxy systems, and automated composite manufacturing equipment. Growing applications in hydrogen storage, pressure vessels, drones, urban air mobility, and next-generation transportation are expected to create additional opportunities.

Request Sample Pages@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=119980354

Unique Features in the Asia Pacific Composites Market

One of the defining characteristics of the Asia Pacific composites market is its strong and integrated manufacturing ecosystem. China is a major producer of glass and carbon fibers, while Japan and South Korea have significant expertise in high-performance carbon fiber technologies. This ecosystem supports cost-effective production and rapid commercialization of composite materials.

Another important feature is the increasing adoption of composites in electric vehicles and battery applications. Lightweight composite materials are being evaluated and adopted for vehicle structures, battery enclosures, thermal management components, and structural reinforcement to improve vehicle efficiency and safety.

The market is also experiencing strong growth in wind energy applications. Larger turbine blades require materials with high strength, stiffness, fatigue resistance, and corrosion resistance, making composites an essential material for the expanding renewable energy industry.

Growing adoption of advanced manufacturing technologies—including RTM, automated fiber placement, high-rate SMC production, and thermoplastic processing—is further improving manufacturing efficiency and expanding the application scope of composites in the region.

Major Highlights of the Asia Pacific Composites Market

The Asia Pacific Composites Market is projected to reach USD 83.78 billion by 2030, growing at a CAGR of 11.6% from 2025 to 2030.

The increasing adoption of electric vehicles and automotive lightweighting is creating significant demand for composite materials across the transportation industry.

Rapid expansion of wind energy installations is strengthening demand for glass fiber and carbon fiber composites used in turbine blades and other components.

The region’s strong manufacturing ecosystem and localization of fiber and resin production are improving supply availability and supporting competitive pricing.

Increasing demand for high-performance materials in aerospace, construction, marine, hydrogen storage, and pressure vessel applications is creating new growth opportunities.

Lack of standardization in manufacturing technologies and high processing costs remain important restraints to wider composite adoption.

Increasing environmental regulations and challenges associated with composite waste management and recycling are emerging as key challenges for manufacturers across the region.

The rapid expansion of EV and battery applications and increasing wind energy capacity represent major opportunities for composite manufacturers during the forecast period.

Inquire Before Buying@ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=119980354

Top Companies in the Asia Pacific Composites Market

Some of the leading companies operating in the Asia Pacific composites market include Toray Industries, Inc., Teijin Limited, Mitsubishi Chemical Holdings Corporation, Nippon Electric Glass Co., Ltd., SGL Carbon, Gurit Holding AG, China Jushi Co., Ltd., Taishan Fiberglass Inc., Chongqing Polycomp International Corp., Owens Corning, Solvay S.A., and Huntsman International LLC.

These companies are strengthening their market positions through capacity expansion, technological innovation, strategic partnerships, development of advanced composite materials, and investments in sustainable manufacturing technologies.

Toray Industries, Inc.

Toray Industries is one of the prominent players in the Asia Pacific composites market, with strong capabilities in carbon fiber, advanced composites, and high-performance materials. Its technologies support applications across aerospace, automotive, wind energy, and industrial sectors.

Teijin Limited

Teijin is a major participant in the advanced composites industry, offering carbon fiber and composite technologies for demanding applications. The company’s expertise in high-performance materials supports the growing adoption of composites across transportation, aerospace, and industrial applications.

Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email: Send Email
Phone: 18886006441
Address:1615 South Congress Ave. Suite 103, Delray Beach, FL 33445
City: Florida
State: Florida
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/asia-pacific-composites-market-119980354.html

Press Release Distributed by ABNewswire.com

To view the original version on ABNewswire visit: Asia Pacific Composites Market Size to Reach USD 83.78 Billion by 2030, Driven by EV Adoption, Wind Energy Expansion, and Growing Demand for Lightweight Materials | Report by MarketsandMarkets™

Media gallery