Europe Structural Composite Materials Market was valued at USD 10.4 Billion in 2022 and is projected to reach USD 17.3 Billion by 2030, growing at a CAGR of 7.4% from 2024 to 2030.
The European structural composite materials market is experiencing significant growth, driven by diverse industrial applications that demand lightweight, durable, and high-performance materials. Composites, comprising materials like carbon fiber, glass fiber, and aramid fiber reinforced polymers, are increasingly utilized across sectors such as aerospace, automotive, construction, and renewable energy. **Market Overview** The European composite market has been expanding steadily, with projections indicating continued growth over the next decade. This surge is attributed to the materials' superior strength-to-weight ratios, corrosion resistance, and design flexibility, making them ideal for modern engineering challenges. However, high production costs and recycling challenges pose constraints to their widespread adoption. citeturn0search3 **Industry-Specific Requirements** - **Aerospace**: The aerospace industry demands materials that offer high strength and reduced weight to enhance fuel efficiency and performance. Composites meet these criteria, leading to their extensive use in manufacturing aircraft components such as fuselages, wings, and interior structures. - **Automotive**: In the automotive sector, the push for lightweight vehicles to improve fuel efficiency and reduce emissions has accelerated the adoption of composite materials. They are used in body panels, chassis components, and interior parts, contributing to overall vehicle performance. - **Construction**: The construction industry benefits from composites' durability and resistance to environmental factors. Applications include reinforcement for concrete structures, bridge components, and façade elements, offering extended lifespan and reduced maintenance. - **Renewable Energy**: Wind turbine blades and solar panel structures utilize composites due to their strength and lightweight properties, essential for efficient energy generation. The expansion of renewable energy infrastructure in Europe further propels the demand for these materials. citeturn0search3 **Emerging Trends** An emerging trend in the composites market is the development of sustainable materials, such as carbonium. This advanced carbon composite, made from repurposed aerospace by-products and epoxy resin, offers high rigidity and a unique aesthetic. Its eco-friendly production process reduces environmental impact by 40-50%, making it attractive for industries aiming to enhance sustainability. citeturn0news24 **Challenges and Opportunities** Despite their advantages, composites face challenges like high production costs and recycling difficulties. The manufacturing costs are approximately 30-40% higher than traditional materials like steel or aluminum, limiting adoption, especially among small and medium-sized enterprises. Additionally, less than 15% of composite waste is currently recycled in Europe, leading to environmental concerns. citeturn0search3 However, the growing electric vehicle (EV) market presents significant opportunities. The European Automobile Manufacturers’ Association reports that EV sales in Europe surged by 65% in 2022, accounting for over 20% of total car sales. Lightweight composites are critical in reducing vehicle weight, directly impacting battery efficiency and driving range. citeturn0search3 **Conclusion** The European structural composite materials market is poised for growth, driven by diverse industrial applications and the pursuit of sustainability. Addressing challenges related to cost and recycling will be crucial for broader adoption. Innovations like carbonium and the expanding EV market offer promising avenues for the future of composites in Europe.
Get an In-Depth Research Analysis of the Europe Structural Composite Materials Market Size And Forecast [2025-2032]
Â
3A Composites
Yaret Industrial Grou
Jyi Shyang Industrial
Alstrong
AAP
Arconic
SAE International
Innovative Composite Engineering
Composites Universal Group
Â
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Europe Structural Composite Materials Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Europe Structural Composite Materials Market
Glass Fiber Reinforced Plastic (GFRP)
Carbon Fiber Reinforced Plastic (CFRP)
Aramid Fiber Reinforced Plastic (AFRP)
Natural Fiber Reinforced Plastic (NFRP)
Metal Matrix Composites (MMC)
Continuous Fiber
Discontinuous Fiber
Thermoset Resin
Thermoplastic Resin
Aerospace & Defense
Automotive
Marine
Wind Energy
Construction
Sports & Recreation
Consumer Electronics
Hand Lay-Up
Spray-Up
Filament Winding
Compression Molding
Resin Transfer Molding (RTM)
Vacuum Infusion
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Structural Composite Materials Market Research Analysis
1. Introduction of the Europe Structural Composite Materials Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Europe Structural Composite Materials Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Structural Composite Materials Market, By Type
6. Europe Structural Composite Materials Market, By Application
7. Europe Structural Composite Materials Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Europe Structural Composite Materials Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Europe Research and Consulting firm servicing over 5000+ US clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/