US Automotive Composites Market Share, Size, Trends & Analysis Report 2024-2032

The US automotive composites market size is projected to exhibit a growth rate (CAGR) of 5.4% during 2024-2032.

IMARC Group has published a market research report titled “US Automotive Composites Market Report by Material Type (SMC, BMC, LFT, SFT, GMT, CFT, and Others), Resin Type (PP Composites, PBT Composites, and Others), Application (Interior, Exterior, Power Chain System, and Others), Resin Group (Thermoset Composites, Thermoplastics Composites), Fiber Type (Glass Fiber Composites, Carbon Fiber Composites, and Others), and Region 2024-2032“, The US automotive composites market size is projected to exhibit a growth rate (CAGR) of 5.4% during 2024-2032.

Automotive composites are materials used in the manufacturing of vehicles that are composed of two or more constituent materials with different physical or chemical properties. They offer design flexibility, durability, and weight savings while providing aesthetic appeal and comfort to occupants. They increase the durability and lifespan of automotive components and reduce maintenance costs. They are used in the construction of body panels, such as hoods, fenders, doors, roofs, and trunk lids. They are also utilized in interior components like dashboards, center consoles, door panels, and seat structures. Besides this, they are employed in aerodynamic components, such as spoilers, diffusers, and underbody panels. Furthermore, as they help in reducing drag, improving airflow management, and enhancing overall vehicle efficiency and performance, the demand for automotive composites is rising in the US.

Grab a sample PDF of this report:

US Automotive Composites Market Trends and Drivers

At present, the growing number of electric and hybrid vehicles is catalyzing the demand for lightweight materials to offset the weight of batteries and extend range. This represents one of the key factors positively influencing the market in the US. Additionally, governing agencies in the country are focusing on minimizing vehicle emissions and improving fuel efficiency, which is supporting the growth of the market. In line with this, ongoing advancements in composite manufacturing technologies, such as automated layup processes, resin infusion techniques, and additive manufacturing, are reducing production costs and improving the scalability of composite materials, which is bolstering the market growth. Moreover, rising collaborations between automakers, material suppliers, and research institutions are fostering innovations and accelerating the development and adoption of automotive composites, thereby propelling the growth of the market in the country. Apart from this, the growing employment of high-strength polymer composites in the construction of fuel tanks, providing weight savings, corrosion resistance, and improved packaging options compared to traditional metal tanks, is offering a favorable market outlook in the country.

Report Segmentation:

The report has segmented the market into the following categories:

Material Type Insights:

  • SMC
  • BMC
  • LFT
  • SFT
  • GMT
  • CFT
  • Others

Resin Type Insights:

  • PP Composites
  • PBT Composites
  • Others

Application Insights:

  • Interior
  • Exterior
  • Power Chain System
  • Others

Resin Group Insights:

  • Thermoset Composites
  • Thermoplastics Composites

Fiber Type Insights:

  • Glass Fiber Composites
  • Carbon Fiber Composites
  • Others

Regional Insights:

  • Northeast
  • Midwest
  • South
  • West

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact US


134 N 4th St. Brooklyn, NY 11249, USA


Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163

Related Articles

Leave a Reply

Back to top button