Southeast Asia Composites Market Size & Outlook, 2025-2033
Southeast Asia Composites Market Size
According to Straits Research analysis, the Southeast Asia Composites Market was valued at USD 7703 Million in 2024 and is projected to reach USD 14712 Million by 2033, expanding at a CAGR of 7.5% during the forecast period. This growth is propelled by increasing sustainability and technological advancements in various sectors such as agriculture, chemicals, and energy. Benefiting from lightweight, high strength, and durable properties, these composites are significant in industries like transportation and construction. Moreover, with the shift towards green production, low-carbon emission, and potential for exports, the market for composites is set for considerable expansion. Southeast Asia, with its strategic location, advanced manufacturing capabilities, and favorable business conditions, is well-positioned to assert itself as a key player in the global composites market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Southeast Asia Composites Market Highlights
- Layup held the leading position among Manufacturing Process segments in 2024, based on market size.
- Filament is projected to post the fastest growth rate, sustaining its position as the most attractive Manufacturing Process segment during the forecast horizon.
- As of 2024, Southeast Asia held 7.39% of the global composites market size.
- By 2033, China is anticipated to capture the largest share of the global composites market.
- In Asia Pacific, China is expected to lead the regional composites market size by 2033.
- India will remain the fastest-growing market in Asia Pacific, reaching USD 58503 Million by 2033.
Southeast Asia 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 7703 Million |
| Market Size In 2033 | USD 14712 Million |
| Largest segment | Layup |
| Fastest segment | Filament |
| Units | Revenue in USD Million |
| CAGR | 7.5% (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 |
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| End-User |
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Southeast Asia Composites Market By Manufacturing Process 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Southeast Asia Composites Market By Product 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Southeast Asia Composites Market By End-User 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
