United States Composites Market Size
According to Straits Research analysis, the United States Composites Market was valued at USD 16872 Million in 2024 and is projected to reach USD 24165 Million by 2033, expanding at a CAGR of 4.1% during the forecast period. Demand is primarily driven by its broad applications across sectors such as agriculture, chemicals, and energy. In agriculture, composites are used in manufacturing robust and lightweight farm equipment. The chemical industry utilizes them to create corrosion-resistant equipment, while the energy sector favors composites for wind turbine blades and solar panel frames, due to their strength and durability. Emerging trends include the use of green production methods and advancing technology to enhance composite performance. Success in the export market, particularly in automotive and aerospace sectors, also provides significant opportunities for growth. The U.S. is strategically positioning itself as a global leader in the composites market, leveraging on these trends for sustainable growth.
Source: Straits Research Analysis Company Publications, Primary Interviews.
United States Composites Market Highlights
- In 2024, Layup accounted for the highest share of the Manufacturing Process market size.
- During the forecast period, Filament is set to register the highest growth, making it the most lucrative Manufacturing Process segment.
- In 2024, United States represented 16.18% of the overall global composites market size.
- China is projected to lead the global composites market size by 2033.
- Across North America, United States is anticipated to hold the dominant position in market by 2033.
- Canada is forecasted to expand at the fastest pace in North America, attaining USD 24106 Million by 2033.
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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 16872 Million |
| Market Size In 2033 |
USD 24165 Million |
| Largest segment |
Layup |
| Fastest segment |
Filament |
| Units |
Revenue in USD Million |
| CAGR |
4.1% (2025-2033) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
United States Composites Market Share By Manufacturing Process
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
|
United States Composites Market By Manufacturing Process 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
United States Composites Market By Product 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
United States Composites Market By End-User 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.