Asia Pacific Composites Market Size & Outlook, 2025-2033
Asia Pacific Composites Market Size
According to Straits Research analysis, the Asia Pacific Composites Market was valued at USD 50,528 Million in 2024 and is projected to reach USD 100,040 Million by 2033, expanding at a CAGR of 8% during the forecast period. The growth in the market is widely driven by robust demand from several industries such as agriculture, chemicals, and energy. These sectors use composites extensively for their superior properties such as strength, flexibility, and durability. Emerging trends like green production and sustainability, combined with technological advancements in composite production, present a significant growth opportunity for this market in the region. Also, the increasing export potential is set to bolster market expansion. As a part of its vision for 2033, the Asia Pacific region is solidifying its capacities and leveraging localised advantages to better position itself within the global composites market landscape.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Asia Pacific Composites Market Highlights
- Layup represented the largest share of the Manufacturing Process market in terms of size in 2024.
- Among the Manufacturing Process segments, Filament is forecasted to achieve the highest growth and remain the most lucrative through the forecast period.
- Asia Pacific held 48.45% share of the global composites market size in 2024.
- China is expected to remain the largest contributor to the global market by 2033.
- By 2033, India is anticipated to record the highest growth in Asia Pacific, with the market size expected to reach USD 58503 Million.
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Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2020-2033 |
| Historical Period | 2020-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 50528 Million |
| Market Size In 2033 | USD 100040 Million |
| Largest segment | Layup |
| Fastest segment | Filament |
| Units | Revenue in USD Million |
| CAGR | 8% (2025-2033) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Country |
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| Manufacturing Process |
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| Product |
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| End-User |
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Asia Pacific Composites Market By Country 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Asia Pacific Composites Market By Manufacturing Process 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Asia Pacific Composites Market By Product 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Asia Pacific Composites Market By End-User 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
