China Composites Market Size
According to Straits Research analysis, the China Composites Market was valued at USD 16957 Million in 2024 and is projected to reach USD 34649 Million by 2033, expanding at a CAGR of 8.3% during the forecast period. This growth is fueled by the demand in key sectors such as agriculture, chemicals, and energy which are utilizing composites for their strength and durability. Furthermore, usage within industry-specific applications like aerospace and automotive manufacture is spurring development. Emerging trends in green production and sustainability, coupled with technological advancements, provide further growth opportunities. Enhanced export potential owing to the global shift towards lightweight, low-carbon materials also holds promise. China is ambitiously positioning itself to become a world leader in the composites market, capitalizing on these trends and leveraging its domestic industries.
Source: Straits Research Analysis Company Publications, Primary Interviews.
China Composites Market Highlights
- By segment, Layup emerged as the largest Manufacturing Process in terms of market size in 2024.
- Filament is anticipated to remain the most attractive Manufacturing Process segment, recording the fastest growth during the forecast period.
- China accounted for 16.26% of the global composites market size in 2024.
- By 2033, China is expected to remain the top global market in terms of size.
- Within Asia Pacific, China is forecasted to dominate the regional composites market size by 2033.
- India will be the fastest-growing market in Asia Pacific, projected to achieve USD 58503 Million by 2033.
China Composites Market Revenue Share 2024
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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 16957 Million |
| Market Size In 2033 |
USD 34649 Million |
| Largest segment |
Layup |
| Fastest segment |
Filament |
| Units |
Revenue in USD Million |
| CAGR |
8.3% (2025-2033) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segmentation Covered
| Segments |
Sub Segments |
| Manufacturing Process |
- Layup
- Filament
- Injection Molding
- Pultrusion
- Compression molding
- RTM
- Others
|
| Product |
- Carbon fiber
- Glass Fiber
|
| End-User |
- Automotive and transportation
- Electrical and Electronics
- Wind Energy
- Construction and Infrastructure
- Pipes and Tanks
- Marine
- Others
|
China Composites Market By Manufacturing Process 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
China Composites Market By Product 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
China Composites Market By End-User 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.