The Europe advanced composites market is expected to grow from US$ 15,999.44 million in 2022 to US$ 28,306.07 million by 2028. It is estimated to grow at a CAGR of 10.0% from 2022 to 2028.
Growing Demand for Lightweight Materials in Aerospace & Defense Fuels Europe’s Advanced Composites Market
Advanced composites play a vital role in enhancing the safety and efficiency of modern aircraft. With the aerospace and defense industry increasingly prioritizing lightweight materials for aircraft components, demand for advanced composites has surged. Manufacturers are focusing on developing large primary thermoplastic structures for commercial and business jets, with long fiber-reinforced thermoplastics gaining early adoption. Compared to traditional materials like steel, brass, and iron, composites and polymers significantly reduce weight, leading to lower fuel costs. Additionally, industry initiatives aimed at lightweight solutions are supporting the transition to hybrid and electric aircraft. As a result, the push for lightweight materials in aerospace and defense is a key driver of Europe’s advanced composites market growth.
Europe Advanced Composites Market Overview
The Europe advanced composites market is expanding due to rising demand across multiple sectors, including wind energy, automotive manufacturing, and construction. The shift toward sustainable renewable energy has accelerated wind turbine installations in countries like Germany, Sweden, Finland, and France. According to WindEurope, Europe added 19.1 GW of new wind capacity in 2022, comprising 16.7 GW onshore and 2.5 GW offshore. Advanced composites are preferred in wind energy applications due to their lightweight, durability, and resistance to corrosion, heat, and harsh weather—enhancing turbine performance and longevity.
The automotive industry, a major contributor to Europe’s GDP, is another key driver. In 2021, the sector accounted for 7% of the region’s GDP, with leading manufacturers such as Volkswagen, BMW, Mercedes-Benz, and Renault increasingly incorporating composites into vehicle designs. For instance, BMW and Lamborghini use composites for 6-8% of a vehicle’s total weight, improving fuel efficiency and performance. As demand grows across these industries, the Europe advanced composites market is poised for sustained expansion.
Strategic Insights for the Europe Advanced Composites Market
To navigate the evolving advanced composites landscape, industry stakeholders must leverage data-driven insights to identify emerging trends, competitive differentiators, and growth opportunities. Key strategic considerations include:
- Market Trends & Opportunities: Analyzing current and future demand across aerospace, automotive, and renewable energy sectors helps businesses align with industry needs.
- Competitive Differentiation: Companies can gain an edge by targeting underserved segments or developing innovative material solutions.
- Regional Dynamics: Understanding country-specific regulations, investments, and adoption rates enables tailored market strategies.
- Future Outlook: Anticipating shifts toward sustainability, electrification, and advanced manufacturing will be crucial for long-term success.
By adopting a forward-looking approach, stakeholders—whether manufacturers, investors, or policymakers—can make informed decisions that drive profitability and market leadership in Europe’s advanced composites industry.
Europe advanced composites market Segments Covered
Europe advanced composites market By Fiber Type
- Carbon Fiber Composites
- Aramid Fiber Composites
- Glass Fiber Composites
Europe advanced composites market By Matrix Type
- Epoxy Resin
- Phenolics
- Polyester Resin
- Polyurethane Resin
- Polyphenylene Sulfide
- Polyetherimide
Europe advanced composites market By End-Use Industry
- Aerospace & Defense
- Automotive
- Wind Energy
- Building & Construction
- Electrical & Electronics
Europe advanced composites market Regions and Countries Covered
Europe
- UK
- Germany
- France
- Russia
- Italy
- Rest of Europe
Europe advanced composites market leaders and key company profiles
- Avient Corp
- Ensinger GmbH
- Johns Manville Corp
- Mitsubishi Chemical Corp
- Owens Corning
- SGL Carbon SE
- Solvay SA
- Tecnaro GmbH
- Teijin Ltd
- Toray Industries Inc
Other Report:
Nordic Graphite Market: https://github.com/SuryakantGadekar/Business-Market-Insights/issues/16
Middle East Graphite Market: https://penzu.com/p/97fda81882a1b58e
GCC Graphite Market: https://business-news-insights.blogspot.com/2025/05/gcc-graphite-market-technological.html
Benelux Graphite Market: https://sites.google.com/view/beneluxgraphitemarket/home
About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights