Europe Composites Market Industry Growth by Forecast to 2028

The Europe composites market is expected to grow from US$ 18,760.27 million in 2022 to US$ 25,145.13 million by 2028. It is estimated to grow at a CAGR of 5.0% from 2022 to 2028.   

The increasing adoption of glass-fiber composites across diverse end-use industries is a significant catalyst for the expansion of the Europe composites market.

Glass fibers, produced by extruding various silica-based glass compositions (A-glass, C-glass, D-glass, AR-glass, S-glass, and E-glass) into fine filaments, offer a range of properties tailored to specific applications. When embedded in a resin matrix and chemically bonded using silane coupling agents, these fibers form robust glass fiber-reinforced composites. The versatility of these composites, characterized by their lightweight nature, high strength, design flexibility, ease of molding, low friction coefficient, and fatigue resistance, is fueling their demand in sectors such as wind energy, construction, sporting goods, and marine.

In the construction industry, the rising adoption of advanced processes is boosting the demand for construction composites. Similarly, glass fiber composites play a crucial role in marine applications, utilized in the design and fabrication of substantial structures like bearings, propellers, commercial hatch covers, exhausts, and topside components. The unique attributes of these composites also make them ideal for a wide array of sports facilities, goods, and equipment, including tennis rackets, golf clubs, bicycles, skis, and fitness machines. Consequently, the escalating utilization of glass fiber composites across these key sectors is a primary driver of growth in the Europe composites market.

Europe Composites Market Overview

The construction sector in Europe is experiencing growth, propelled by population increases and evolving remodeling trends focused on accessibility, customization, and technological integration. Significant investments in infrastructure and construction projects by both governmental and private entities are expected to further stimulate the European composites market. Data from the European Construction Industry Federation indicates that the European Union (EU) invested $1.4 trillion in the construction industry in 2020, with a 4.2% increase in investment in 2021. Notably, Germany, France, the UK, Italy, and Spain accounted for over 70% of the EU's total construction investments, with the residential sector comprising 51% of this investment.

Furthermore, the increasing emphasis on renewable energy sources is benefiting the composites market. According to Eurostat, wind energy contributed 37% of the total energy generated from renewable sources in the EU in 2021. Composites manufacturers in the region are actively engaged in research and development efforts to enhance the efficiency of their materials and meet the specific demands of the wind energy sector, particularly the need for high-strength rotor blades and efficient wind turbine components.

Europe Composites Strategic Insights

Strategic insights for the Europe Composites market offer a data-driven perspective on the industry's dynamics, encompassing current trends, key players, and regional specificities. This analysis provides actionable recommendations that empower stakeholders to gain a competitive edge by identifying underserved market segments or developing distinctive value propositions. By leveraging data analytics, these insights enable industry participants, including investors and manufacturers, to anticipate market shifts. Adopting a forward-looking approach is crucial for stakeholders to proactively respond to market changes and secure long-term success in this evolving region. Ultimately, well-informed strategic insights facilitate effective decision-making, driving profitability and helping businesses achieve their objectives within the Europe composites market.

Europe composites market Segments Covered

Europe composites market By Fiber Type

• Carbon Fiber Composites

• Glass Fiber Composites

Europe composites market By Resin Type

• Thermoset

• Thermoplastic

Europe composites market By End Use Industry

• Automotive

• Aerospace and Defense

• Wind

• Construction

• Marine

• Sporting Goods

Europe composites market Regions and Countries Covered

Europe

• UK

• Germany

• France

• Russia

• Italy

• Rest of Europe

Europe composites market leaders and key company profiles

• DuPont de Nemours Inc

• Gurit Holding AG

• Hexion Inc

• Mitsubishi Chemical Holdings Corp

• Nippon Electric Glass Co Ltd

• Owens Corning

• SGL Carbon SE

• Solvay SA

• Teijin Ltd

• Toray Industries Inc

Other Report: 

Nordic Graphite Market: https://penzu.com/p/10d56925f3dc40dc 

Middle East Graphite Market: https://github.com/SuryakantGadekar/Business-Market-Insights/issues/15 

GCC Graphite Market: https://sites.google.com/view/gcc-graphite-market/home   

Benelux Graphite Market: https://business-news-insights.blogspot.com/2025/05/benelux-graphite-market-sales-trends.html  

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Author’s Bio:

Suryakant Gadekar

Senior Market Research Expert at Business Market Insights