Home Advanced Materials North America Composites Market Size, Share And Growth Report By 2033

North America Composites Market Size & Outlook, 2025-2033

North America Composites Market Size

According to Straits Research analysis, The North America Composites Market was valued at USD 18591 Million in 2024 and is projected to reach USD 26862 Million by 2033, expanding at a CAGR of 4.2% during the forecast period. Key drivers such as utilization in diverse industries including agriculture, energy, and chemicals are influencing demand. Agriculture is leveraging composites in the production of durable equipment, while the energy sector uses them in wind turbines. Technological advancements lead to higher-quality and more efficient manufacturing processes. Sustainability trends are driving growth as the demand for green and low-carbon production increases. The growing export potential of ceratin countries is an important opportunity for the North America market. This region is positioning itself as a hub for high-value, technologically-advanced composite manufacturing, reaffirming the forecast of sustained growth.

North America Composites Market Highlights

  • By market size, Layup led the Manufacturing Process category in 2024.
  • The Manufacturing Process segment led by Filament is estimated to post the fastest growth, sustaining its position as the most lucrative during the forecast timeframe.
  • North America held 17.83% 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, Canada is anticipated to record the highest growth in North America, with the market size expected to reach USD 24106 Million.

North America 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 18591 Million
Market Size In 2033 USD 26862 Million
Largest segment Layup
Fastest segment Filament
Units Revenue in USD Million
CAGR 4.2% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

North America Composites Market Share By Manufacturing Process

Segmentation Covered

Segments Sub Segments
Country
  1. United States
  2. Canada
Manufacturing Process
  1. Layup
  2. Filament
  3. Injection Molding
  4. Pultrusion
  5. Compression molding
  6. RTM
  7. Others
Product
  1. Carbon fiber
  2. Glass Fiber
End-User
  1. Automotive and transportation
  2. Electrical and Electronics
  3. Wind Energy
  4. Construction and Infrastructure
  5. Pipes and Tanks
  6. Marine
  7. Others
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