United States Automotive Composites Market Size and Share - Outlook Report, Forecast Trends and Growth Analysis (2025-2034)

The United States automotive composites market size reached is projected to grow at a CAGR of 6.20% between 2025 and 2034.The major drivers of the market include increasing adoption of electric vehicles and growing requirement for lightweight vehicles.

Key Trends in the Market

Automotive composites are composed of high-performance fibres and are used in cars and trucks, among other vehicles. They are used for reducing vehicle weight and cutting down on carbon dioxide emissions. Automotive composites are also preferred by various automotive manufacturers as they support shape retention and have a low coefficient of thermal expansion.

• The rising requirement for lightweight vehicles due to rising environmental concerns is boosting the United States automotive composites market growth. A lightweight vehicle requires low amounts of fuel as it needs to overcome less inertia, significantly reducing carbon dioxide emissions and fuel consumption.
• The rising adoption of carbon automotive composites in the production of high functioning sports cars is supporting the market expansion across the United States. The lightweight nature of carbon composites provides more power while ensuring that the vehicle is able to withstand the stress of high-speed races.
• The growing adoption of electric vehicles in the United States owing to the presence of a well-established charging infrastructure and low operational costs of the vehicles is propelling the requirement for carbon fibre.

United States Automotive Composites Market Segmentation

United States Automotive Composites Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Breakup by Production Process

• Injection Moulding Process
• Compression Moulding Process
• Resin Transfer Moulding Process
• Others

Breakup by Material Type

• Thermoset Polymer
• Thermoplastic Polymer
• Glass Fibre
• Carbon Fibre
• Others

Breakup by Vehicle Type

• Electric Vehicles (EV)
• Non-Electric Vehicles

Breakup by Application

• Exterior Components
• Interior Components
• Structural and Powertrain Components
• Others

Competitive Landscape

The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

Mitsubishi Chemical Group Corp.

Mitsubishi Chemical Group Corp. is a chemical manufacturing company that provides speciality materials and innovative solutions for ensuring the well-being of the planet and the people. The company has deep expertise in material science.

SGL Carbon SE.

SGL Carbon SE is a chemical manufacturing company that was founded in 1992 and is headquartered in Hessen, Germany. The company specialises in graphite-based products and solutions, automotive composites, and semiconductors among others.

Toray Industries Inc.

Toray Industries Inc. is a chemical manufacturing company that is headquartered in Chuo-ku, Tokyo and specialises in automotive composites, fibres and textiles, carbon fibre composite materials, and environment related machinery, among others.

Other United States automotive composites market key players include Owens Corning, Solvay S.A., Teijin Limited, Hexcel Corporation, BASF SE, Sigmatex, and Huntsman International LLC, among others.