MarketsandMarkets projects the sector will grow from $36.81 billion in 2025 at a 10.2% CAGR, led by glass fiber composites, thermoplastic resins, transportation demand and major European industrial economies.
The Europe composites market is projected to rise to $59.84 billion by 2030 from $36.81 billion in 2025, representing a 10.2% compound annual growth rate, according to a MarketsandMarkets release dated July 8, 2026. The report points to growing demand for lightweight, high-strength and corrosion-resistant materials across transportation, construction, wind energy, aerospace and defense, and electrical and electronics industries as companies pursue sustainability goals, lower carbon emissions and improved energy efficiency. Glass fiber composites accounted for the largest share in 2024, the lay-up process was the largest manufacturing segment, and transportation was the biggest end-use industry, while thermoplastic composites are expected to post the fastest growth during the forecast period. Germany, France, Italy, Spain and the UK are identified as the main growth countries, with Germany leading regional demand due to its automotive base, engineering strength and investment in electric mobility and renewable energy infrastructure. The study highlights Owens Corning, Jushi Group, Toray Industries, Hexcel Corporation, SGL Carbon, Gurit, Solvay, Teijin, Mitsubishi Chemical Group and Johns Manville among leading companies.