Europe Composites Market Size & Outlook, 2025-2033
Europe Composites Market Size
According to Straits Research analysis, the Europe Composites Market was valued at USD 24694 million in 2024 and is projected to reach USD 40582 million by 2033, expanding at a CAGR of 5.7% during the forecast period. The surge in demand can be attributed to the adoption of composites in various industries such as agriculture, chemical, and energy sectors. The expansion of the automotive and aerospace industries has also spurred the need for high-performance materials, thereby propelling the market growth. Additionally, emerging trends such as sustainable and low-carbon production practices, technological advancements in composite manufacturing, and the region's strong export potential further strengthen market prospects. Moving forward, Europe continues to position itself as a leader in composites production and innovation, capitalizing on opportunities for growth and creating a competitive edge in the global composites market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Europe Composites Market Highlights
- In 2024, Layup emerged as the dominant Manufacturing Process based on market size.
- Filament is projected to register the fastest growth, positioning it as the most attractive Manufacturing Process segment over the forecast horizon.
- In 2024, Europe contributed 23.68% to the overall global composites market size.
- By 2033, China is anticipated to dominate the global market based on market size.
- France is expected to witness the fastest growth within Europe, attaining USD 45534 Million by 2033.
Europe 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 24694 Million |
| Market Size In 2033 | USD 40582 Million |
| Largest segment | Layup |
| Fastest segment | Filament |
| Units | Revenue in USD Million |
| CAGR | 5.7% (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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Europe Composites Market By Country 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Europe Composites Market By Manufacturing Process 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Europe Composites Market By Product 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Europe Composites Market By End-User 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
