Transportation Composites Market is driven by Lightweight Demand

The Transportation Composites Market demand for electric and hybrid vehicles has further accelerated the development of composite battery enclosures and structural components, while rail operators leverage composites to extend track life and reduce noise. Marine industries adopt composites for hull construction to enhance speed and fuel savings. Advanced manufacturing techniques such as automated fiber placement and resin transfer molding are streamlining production and driving economies of scale. With growing emphasis on lightweight structures and sustainable materials, transportation composites open new market opportunities across multiple segments, backed by ongoing market research and market analysis.
The transportation composites market is estimated to be valued at USD 51.67 Bn in 2025 and is expected to reach USD 120.81 Bn by 2032, growing at a compound annual growth rate (CAGR) of 12.9% from 2025 to 2032.
Key Takeaways
Key players operating in the Transportation Composites Market are Mitsubishi Chemical Holdings Corporation, Jushi Group, Toray Group, Teijin Ltd, Solvay S.A.
These market players have robust portfolios spanning carbon fiber prepregs, glass fiber reinforcements, and specialty resin systems tailored for transport applications. Mitsubishi Chemical Holdings Corporation focuses on high-modulus carbon fibers and nanocomposites to enhance fatigue resistance. Jushi Group, a leading global glass fiber producer, invests heavily in R&D for hybrid fibers that balance cost and performance. Toray Group leverages integrated production facilities to scale up lightweight composite laminates, while Teijin Ltd enables automotive OEM partnerships for mass-market composite components. Solvay S.A offers epoxy and thermoplastic resin solutions optimized for rapid curing and recyclability. Through strategic collaborations, patent filings, and joint ventures, these companies are shaping market trends and defining market growth strategies in line with evolving industry share targets.
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