Global Closed Molding Composites Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

• In May 2020, Huntsman Advanced Materials completed the acquisition of US-based CVC Thermoset Specialties which deals with industrial composites.

• Arris is a leader in manufacturing technology with its headquarters in Berkeley, California was founded in 2017 by industry veterans Ethan Escowitz, Riley Reese, and Erick Davidson. For mass-market applications such as aerospace, automotive, and consumer goods, Arris Composites is the industry leader in next-generation composites.

The Global Closed Molding Composites Market has been segmented by Manufacturing Process, Fiber Type, Application and Geography, driven by the increasing demand for lightweight, durable, and high-performance materials across various industries. The market is segmented by Manufacturing Process, Fiber Type, Application, and Geography, each of which plays a crucial role in shaping the overall market dynamics. The Manufacturing Process segment includes various techniques such as Resin Transfer Molding (RTM), Vacuum Assisted Resin Transfer Molding (VARTM), Compression Molding, and Injection Molding, among others. Resin Transfer Molding and VARTM are particularly favored for their ability to produce large, complex parts with high-quality finishes, making them ideal for industries like aerospace, automotive, and marine. These processes offer precise control over resin infusion, resulting in composites with superior strength-to-weight ratios and minimal void content. Compression Molding is widely used for high-volume production of parts, especially in the automotive and electrical industries, due to its efficiency and cost-effectiveness in producing large quantities of consistent composite components.

The Fiber Type segment of the closed molding composites market includes Glass Fiber, Carbon Fiber, Aramid Fiber, and others. Glass Fiber composites are the most commonly used, owing to their cost-effectiveness, availability, and excellent mechanical properties. These composites are widely used in transportation, construction, and marine industries. Carbon Fiber, on the other hand, offers exceptional strength, stiffness, and low weight, making it ideal for high-performance applications, particularly in aerospace, automotive, and sports equipment. The demand for Carbon Fiber composites is increasing as industries focus on reducing weight to improve fuel efficiency and performance. Aramid Fiber composites, known for their high impact resistance and durability, are increasingly used in defense and protective applications. The choice of fiber plays a critical role in determining the strength, flexibility, and weight of the final composite, influencing its suitability for different industrial applications.

In terms of Application, the closed molding composites market spans a wide range of industries, including Aerospace & Defence, Marine, Automotive, Wind Energy, Construction, and Sports & Leisure, among others. Aerospace & Defence continues to be one of the largest sectors, as composites are used to reduce the weight of aircraft while maintaining structural integrity, thus improving fuel efficiency. Marine applications rely on closed molding composites for producing corrosion-resistant, lightweight boat hulls and other critical parts. Automotive manufacturers are increasingly adopting composites for parts like body panels, structural components, and interiors to reduce weight and improve fuel economy. The Wind Energy sector is also a major driver, with composites used extensively in the production of wind turbine blades. Geographically, North America, Europe, and the Asia-Pacific region dominate the market, driven by advancements in manufacturing technologies and a growing focus on sustainability. As industries continue to seek lightweight, durable materials to improve performance and reduce environmental impact, the closed molding composites market is expected to see continued growth, with emerging applications and innovations further expanding its reach across global markets.

Global Closed Molding Composites Segment Analysis

In this report, the Global Closed Molding Composites Market has been segmented by Manufacturing Process, Fiber Type, Application and Geography.

Global Closed Molding Composites Market, Segmentation by Manufacturing Process

The Global Closed Molding Composites Market is segmented by Manufacturing Process into Continuous Lamination, Reaction Injection Mulding, Resin Transfer Mulding (RTM), Vacuum Infusion & Bagging, Light RTM, Injection Mulding, Centrifugal Casting, Compression and Others.

Continuous Lamination involves the continuous processing of composite materials, offering efficiency and consistency for high-volume production. Reaction Injection Molding (RIM) uses a reactive process to create complex shapes with excellent surface finishes, often employed in automotive and aerospace industries. Resin Transfer Molding (RTM) is known for its versatility in producing intricate and high-strength parts, making it suitable for aerospace and high-performance automotive components.

Vacuum Infusion & Bagging is a widely used technique that enhances the quality of composite materials by ensuring even resin distribution and minimizing voids. Light RTM focuses on reducing the weight of composites while maintaining strength, which is crucial for applications where weight reduction is critical. Injection Molding and Centrifugal Casting are employed for high-precision and high-volume production, providing flexibility and cost-efficiency in manufacturing. Compression Molding is used for producing parts with complex geometries and high-strength requirements, often used in industrial and consumer goods.

The Others category encompasses various niche and emerging techniques, reflecting ongoing innovation in the field. These processes contribute to the development of advanced composites tailored to specific industry needs, enabling manufacturers to meet diverse performance and application requirements. The segmentation by manufacturing process highlights the diverse approaches available to produce closed molding composites, each offering unique benefits and suited to different industrial applications.

Global Closed Molding Composites Market, Segmentation by Fiber Type

The Global Closed Molding Composites Market is segmented by Fiber Type into Natural Fiber Composites, Chopped Carbon Fiber, Glass Fiber Composites and Other Fiber Composites.

The Global Closed Molding Composites Market is witnessing substantial growth, driven by the increasing demand for high-performance materials in industries such as aerospace, automotive, marine, and renewable energy. The market is segmented by Fiber Type into Natural Fiber Composites, Chopped Carbon Fiber, Glass Fiber Composites, and Other Fiber Composites, each offering unique characteristics suited to different applications. Natural Fiber Composites, which use fibers derived from plants, such as jute, hemp, and flax, are gaining traction due to their sustainability, low environmental impact, and biodegradability. These composites are increasingly used in automotive, construction, and consumer goods sectors as industries move toward eco-friendly alternatives. Natural fiber composites provide a lighter weight than traditional materials, and their use is expected to grow as demand for sustainable materials in both industrial and consumer applications rises.

Chopped Carbon Fiber composites, known for their high strength-to-weight ratio and stiffness, are commonly used in applications that require high performance and durability. These composites are often employed in the automotive, aerospace, and sports industries, where reducing weight while maintaining strength is critical. Chopped Carbon Fiber is more affordable and easier to process than continuous carbon fibers, making it an attractive option for mass production of parts with high structural demands. The aerospace and automotive industries, in particular, rely on chopped carbon fiber composites for lightweight, high-performance components, such as interior panels, structural reinforcements, and even exterior body parts. As technological advancements in carbon fiber production make it more cost-effective, the demand for chopped carbon fiber composites is expected to increase, especially in high-end automotive and aerospace applications.

Glass Fiber Composites remain the dominant fiber type in the closed molding composites market due to their cost-effectiveness, high strength, and versatility. Glass fiber is widely used across a variety of industries, including marine, construction, wind energy, and automotive. Glass fiber composites offer a balance of strength, lightweight properties, and ease of processing, making them ideal for producing large, durable parts. The marine industry uses glass fiber composites for boat hulls and other components that must withstand harsh environmental conditions, while the wind energy sector utilizes these composites for turbine blades, which require durability, flexibility, and resistance to environmental stresses. Additionally, glass fiber composites are used in construction for reinforcement, insulation, and structural applications. Other Fiber Composites, such as Aramid Fiber, Basalt Fiber, and Carbon Nanotubes, are also emerging in niche applications due to their unique properties, such as enhanced impact resistance, thermal stability, and superior strength. As industries continue to prioritize innovation and performance, the demand for different types of fiber composites is expected to increase, further driving market growth in the global closed molding composites market.

Global Closed Molding Composites Market, Segmentation by Application

The Global Closed Molding Composites Market is segmented by Application into Aerospace & Defence, Civil Engineering, Electrical & Electronics, Marine, Industrial, Transportation, Housing, Construction, Wind Energy, Sporting Goods and Others.

The Global Closed Molding Composites Market is expanding rapidly, driven by the growing demand for advanced materials with superior strength, durability, and lightweight properties. Closed molding processes, such as resin infusion and compression molding, offer high-quality composites suitable for a wide range of applications. The market is segmented by Application into several key sectors, including Aerospace & Defence, Civil Engineering, Electrical & Electronics, Marine, Industrial, Transportation, Housing, Construction, Wind Energy, Sporting Goods, and Others. Each of these sectors benefits from the unique properties of closed molding composites, particularly in terms of their ability to offer complex shapes, high precision, and superior material performance.

The Aerospace & Defence and Marine sectors are significant consumers of closed molding composites due to the high-performance requirements in these industries. In aerospace, composites are critical for reducing the weight of aircraft while maintaining structural integrity, improving fuel efficiency, and enhancing overall performance. Closed molding methods are particularly beneficial for producing large, lightweight, and complex parts, such as wing structures, fuselages, and interior components. Similarly, in the Marine industry, closed molding composites are used for manufacturing boat hulls, decks, and other marine structures that require resistance to corrosion, impact, and fatigue. These composites are favored for their strength-to-weight ratio and ability to withstand harsh environmental conditions, making them essential for both recreational and commercial maritime applications.

In the Transportation sector, closed molding composites are increasingly being used in automotive, rail, and heavy vehicle manufacturing to reduce weight and improve fuel efficiency without compromising safety. Composites are used in components such as body panels, structural reinforcements, and interiors. The Wind Energy sector is another significant application, with closed molding composites used extensively in the production of wind turbine blades. The ability to produce large, lightweight, and durable blades that can withstand high stresses is a major driver of demand in this market. Housing and Construction also benefit from closed molding composites for applications like durable flooring, structural components, and facades. As demand for sustainable building materials rises, composites are increasingly used for their low environmental impact, durability, and thermal insulation properties. Other applications, such as Sporting Goods (e.g., bicycles, golf clubs) and Electrical & Electronics (e.g., enclosures, components), continue to grow, further diversifying the market. Geographically, regions such as North America, Europe, and Asia-Pacific are witnessing significant growth due to the industrialization of these sectors and the ongoing push for innovation in material science. The versatility of closed molding composites makes them indispensable across a wide range of high-performance applications.

Global Closed Molding Composites Market, Segmentation by Geography

In this report, the Global Closed Molding Composites Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

Global Closed Molding Composites Market Share (%), by Geographical Region, 2024

The Global Closed Molding Composites Market is segmented by geography into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. North America is a prominent market due to its advanced manufacturing capabilities, high demand in aerospace, automotive, and defense sectors, and significant investments in R&D. The U.S. and Canada are key contributors, leveraging technological advancements and a robust industrial base to drive market growth.

Europe follows with its strong emphasis on innovation and sustainability. The region's focus on reducing carbon emissions and increasing efficiency in industries like automotive and construction boosts demand for advanced composite materials. Countries such as Germany, France, and the United Kingdom are leading the market due to their well-established manufacturing industries and commitment to green technologies.

Asia-Pacific is experiencing rapid growth driven by expanding industrialization, infrastructure development, and increased adoption of composite materials in automotive and construction sectors. China and India are major contributors, with substantial investments in manufacturing and infrastructure projects. Latin America and the Middle East & Africa are emerging markets with growing interest in closed molding composites, supported by increasing industrial activities and infrastructure developments. Each region's unique market dynamics influence the global growth and application of closed molding composites.