Germany Composites Market Size & Outlook, 2025-2033
Germany Composites Market Size
According to Straits Research analysis, the Germany Composites Market was valued at USD 6189 Million in 2024 and is projected to reach USD 10995 Million by 2033, expanding at a CAGR of 6.7% during the forecast period. Fueled by significant demand from major industries like agriculture, chemical manufacturing and energy sectors, the prominence of composite materials has surged. Agriculture uses composites for light, durable, and corrosion-resistant equipment, whereas the chemical industry employs composites in pipelines and tanks due to their high resistance to corrosive environments. Furthermore, wind-power generation uses composites for wind turbine blades. Key market opportunities include green production strategies and techniques focusing on sustainability. Technological advancements have enabled the manufacture of high-performance composites, stimulating exports. To secure future growth, Germany is focusing on the development and application of composites in emerging industries, enhancing its competitive position in the global composites market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Germany Composites Market Highlights
- By 2024, Layup represented the largest share of the Manufacturing Process market size.
- Filament is expected to remain the key growth driver within Manufacturing Process, registering the fastest CAGR during the forecast period.
- In 2024, Germany represented 5.93% of the overall global composites market size.
- China is projected to lead the global composites market size by 2033.
- Across Europe, Germany is anticipated to hold the dominant position in market by 2033.
- France is forecasted to expand at the fastest pace in Europe, attaining USD 45534 Million by 2033.
Germany 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 6189 Million |
| Market Size In 2033 | USD 10995 Million |
| Largest segment | Layup |
| Fastest segment | Filament |
| Units | Revenue in USD Million |
| CAGR | 6.7% (2025-2033) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Manufacturing Process |
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| Product |
|
| End-User |
|
Germany Composites Market By Manufacturing Process 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Germany Composites Market By Product 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Germany Composites Market By End-User 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
