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

By Fiber Type;

Glass Fiber, Carbon Fiber, Aramid Fiber and Other Fibers.

By Textile Type;

Woven Textile and Non-Woven Textile Composites.

By Application;

Electrical and Electronics, Wind Energy, Sporting Goods Industry, Marine, Construction and Other Applications.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn216231438 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Textile Composites Market (USD Million), 2021 - 2031

In the year 2024, the Global Textile Composites Market was valued at USD 6,436.77 million. The size of this market is expected to increase to USD 9,178.63 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.2%.

The global textile composites market is a dynamic sector within the broader composite materials industry, characterized by the integration of textiles with polymer resins to create lightweight and high-performance materials. Textile composites offer superior strength-to-weight ratios, excellent durability, and flexibility, making them suitable for a wide range of applications across various industries. These materials combine the structural integrity of traditional composites with the versatility and formability of textiles, catering to sectors such as aerospace, automotive, construction, sports and leisure, and industrial applications.

In aerospace, textile composites are used extensively for aircraft interiors, structural components, and engine parts due to their lightweight properties and ability to withstand high mechanical stresses. The automotive industry utilizes these materials for reducing vehicle weight, improving fuel efficiency, and enhancing crashworthiness. In construction, textile composites find applications in building facades, reinforcement materials for concrete structures, and lightweight architectural elements. Sports equipment and leisure products benefit from the flexibility and strength of textile composites, offering enhanced performance in products ranging from bicycles and tennis rackets to boats and protective gear. As innovations in materials and manufacturing processes continue to advance, the global textile composites market is poised for further growth, driven by demand for sustainable, high-performance materials across diverse industrial applications.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Fiber Type
    2. Market Snapshot, By Textile Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Textile Composites Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Advancements in Fiber and Resin Technologies

        2. Rising Need for High Strength-to-Weight Ratio

        3. Expanding Use in Construction and Infrastructure

      2. Restraints
        1. Challenges in Recycling and Disposal

        2. Complex Manufacturing Processes

        3. Limited Availability of Raw Materials

      3. Opportunities
        1. Expansion in Wind Energy Applications

        2. Development of Bio-based Resins

        3. Emerging Markets in Asia-Pacific and Latin America

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Textile Composites Market, By Fiber Type, 2021 - 2031 (USD Million)
      1. Glass Fiber
      2. Carbon Fiber
      3. Aramid Fiber
    2. Global Textile Composites Market, By Textile Type, 2021 - 2031 (USD Million)
      1. Woven Textile
      2. Non-Woven Textile Composites
    3. Global Textile Composites Market, By Application, 2021 - 2031 (USD Million)
      1. Electrical and Electronics
      2. Wind Energy
      3. Sporting Goods Industry
      4. Marine
      5. Construction
    4. Global Textile Composites Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Owens Corning
      2. Hexcel Corporation
      3. Saertex GmbH & Co. Kg
      4. BGF Industries, Inc.
      5. Chomarat Textile Industries
      6. Sigmatex Ltd.
      7. Toray Industries Inc.
      8. Milliken & Company
      9. Tah Tong Textile Co. Ltd.
      10. Hindoostan Technical Fabrics Ltd.
  7. Analyst Views
  8. Future Outlook of the Market