Market Forecast by Countries (Germany, United Kingdom, France, Italy, Russia, Spain, Rest of Europe), By Fiber (Glass, Carbon, Others), By Resin (Thermoset, Thermoplastic), By Application (Interior, Exterior, Powertrain, Chassis), By Vehicle (Non-electric, Electric) And Competitive Landscape
| Product Code: ETC078260 | Publication Date: Aug 2021 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
According to 6Wresearch internal database and industry insights, the Europe Automotive Composites Market was accounted at USD 5.24 billion in 2024 and is projected to reach nearly USD 9.87 billion by 2031, exhibiting a compound annual growth rate (CAGR) of 7.98% during the forecast period (2025-2031).
| Report Name | Europe Automotive Composites Market |
| Forecast period | 2025-2031 |
| CAGR | 7.98% |
| Market size | USD 9.87 billion by 2031 |
| Growing Sector | Automotive & Transportation |
The Europe Automotive Composites Market report thoroughly covers the market by countries, fiber, resin, applications, and vehicle. The market report provides an unbiased and detailed analysis of ongoing market trends, opportunities/high-growth areas, and market drivers, which would help stakeholders devise and align their strategies according to current and future market dynamics.
The Europe Automotive Composites Market Growth is propelled by the growing shift toward lightweight, energy-efficient vehicles. Composites, including glass and carbon fiber-reinforced plastics, are widely utilized in interior, exterior, chassis, and powertrain applications to improve performance and reduce vehicle mass. Expansion of electric vehicle manufacturing and strict EU emission norms are fueling demand. Furthermore, innovations in thermoset and thermoplastic resins are enhancing resilience, recyclability, and economic efficiency, supporting long-term adoption in the European automotive sector.
Below mentioned are some prominent drivers and their influence on the market dynamics:
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Driver |
Primary Segments Affected |
Why it matters (evidence) |
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Lightweight & Fuel Efficiency Goals |
All Segments; Non-electric & Electric Vehicles |
EU emission norms and consumer demand for fuel-efficient vehicles are driving use of lightweight composites. |
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Electric Vehicle Adoption |
Vehicle Segment; Electric |
EV manufacturers increasingly use composites in battery enclosures, body panels, and structural parts to improve range and safety. |
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Advanced Material Technologies |
All Segments; OEMs |
OEMs Innovations in fiber types, resin systems, and hybrid composites improve performance, manufacturability, and recyclability. |
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Sustainability & Recycling Initiatives |
All Segments; Automotive & OEMs |
The EU Green Deal encourages automakers to implement environmentally friendly composites and circular recycling processes in vehicle manufacturing. |
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Growth in Premium Vehicles |
All Segments; Luxury & Sports Cars |
Premium vehicles increasingly use carbon fiber and advanced composites to enhance design, structural strength, and reduce overall weight. |
Europe Automotive Composites Market is anticipated to witness significant expansion, registering a CAGR of 7.98% during the forecast period of 2025-2031. In reaction to demand for sustainable and lightweight mobility, the Europe Automotive Composites Market is growing significantly. This increased use of advanced composites is being driven by increased production of electric vehicles and an increasingly restrictive regulatory and market-driven emissions targets for automotive OEM's. Novel material combinations including glass and carbon fibers and new advanced dynamical thermoset and thermoplastic resins are gaining greater utilization across all vehicle systems to improve efficiency and ultimately sustainability.
Below mentioned are some major restraints and their influence on the market dynamics:
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Restraint |
Primary Segments Affected |
What this means (evidence) |
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High Material Costs |
All Segments |
Carbon fiber and advanced resins are expensive, limiting adoption in price-sensitive vehicles. |
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Complex Manufacturing |
OEMs & Tier-1 Suppliers |
Specialized tooling, curing processes, and skilled labor requirements increase production complexity and cost. |
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Recycling Limitations |
All Segments |
Thermoset composites are hard to recycle, creating regulatory and sustainability challenges. |
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Supply Chain Dependencies |
All Segments |
Dependence on imported fibers and resins can cause production delays and cost fluctuations |
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Competition from Metals |
Chassis & Powertrain |
Despite the rise of composites, aluminum and high-strength steel remain strong competitors, offering lightweight solutions at relatively lower costs. |
Despite their performance benefits, Europe Automotive Composites Industry faces various challenges related to high production expenses, manufacturing complexity, and difficulties in material recovery. The reliance on imported inputs and the availability of affordable substitutes like aluminum and steel restrict market scalability. In order to sustain growth, industry players are focusing on strategic investments, localized supply chains, and advancements in sustainable manufacturing aligned with EU environmental mandates.
Several prominent trends reshaping the market growth include:
Some prominent investment opportunities in the market include:
Some leading players operating in the Europe Automotive Composites Market Share include:
| Company Name | SGL Carbon SE |
| Established Year | 1878 |
| Headquarters | Wiesbaden, Germany |
| Official Website | Click Here |
SGL Carbon specializes in carbon fiber solutions and composites for automotive, aerospace, and industrial applications.
| Company Name | Toray Industries Inc. |
| Established Year | 1926 |
| Headquarters | Tokyo, Japan |
| Official Website | Click Here |
Toray provides high-performance carbon fibers, resins, and composite solutions for automotive and industrial sectors.
| Company Name | Hexcel Corporation |
| Established Year | 1948 |
| Headquarters | Stamford, Connecticut, USA |
| Official Website | Click Here |
Hexcel offers advanced composites, including carbon fiber and prepregs, supporting automotive lightweighting initiatives.
| Company Name | Solvay SA |
| Established Year | 1863 |
| Headquarters | Brussels, Belgium |
| Official Website | Click Here |
Solvay produces specialty polymers and composite materials for automotive applications, focusing on sustainability and high-performance solutions.
| Company Name | Lanxess AG |
| Established Year | 2004 |
| Headquarters | Cologne, Germany |
| Official Website | Click Here |
Lanxess manufactures thermoplastic composites and specialty materials for automotive interior, exterior, and structural components.
European governments are driving the Europe Automotive Composites Market by promoting sustainable, lightweight materials. The EU Green Deal incentivizes eco-friendly composites and recycling. Germany enforces recycling and emission standards through its Circular Economy Act. France funding for lightweight and bio-based composite research and Italy’s “Made in Italy” initiatives for premium composites in luxury vehicles are boosting the region automotive innovation. These policies enhance vehicle performance, reduce emissions, and accelerate composite adoption across Europe.
Europe Automotive Composites Market is experiencing consistent growth, underpinned by expanding electric vehicle manufacturing, lightweight design trends, and breakthroughs in material science. The use of carbon fiber and hybrid composites is accelerating in both structural and functional applications. Supportive government initiatives, together with stringent environmental and recyclability regulations, are accelerating the adoption of thermoplastic and sustainable composite materials. Advancements in high-performance resin formulations and recycling technologies further enhance production efficiency and environmental compliance, reinforcing Europe’s dominance in composite applications across major automotive systems.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Ritika Kalra, Senior Research Analyst at 6Wresearch, Germany is expected to hold the largest share of the European automotive composites market, accounting for approximately 24.1% in 2024. This is driven by strong automotive manufacturing, government incentives for lightweight materials, and adoption of EVs. The German government actively funds research on composite materials to enhance fuel efficiency and reduce emissions.
Carbon fiber dominates Europe’s automotive composites market due to its superior strength-to-weight ratio. It is extensively used in EV battery enclosures, chassis reinforcement, and luxury vehicle structural components, providing high performance and weight reduction.
Thermoset resins lead the market for automotive composites due to their high mechanical strength and heat resistance. They are widely used in structural, exterior, and powertrain applications where durability and stability are critical.
Exterior automotive components, including body panels, bumpers, and structural reinforcements, hold the largest share due to their significant impact on weight reduction, vehicle aesthetics, and crash performance.
Non-electric vehicles currently account for the highest share of automotive composites usage, primarily in structural components and powertrain parts. However, EVs are expected to witness the fastest growth due to lightweighting and efficiency requirements.
The report offers a comprehensive study of the subsequent market segments:
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1 Executive Summary |
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2 Introduction |
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2.1 Key Highlights of the Report |
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2.2 Report Description |
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2.3 Market Scope & Segmentation |
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2.4 Research Methodology |
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2.5 Assumptions |
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3 Europe Automotive Composites Market Overview |
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3.1 Europe Regional Macro Economic Indicators |
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3.2 Europe Automotive Composites Market Revenues & Volume, 2021 & 2031F |
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3.3 Europe Automotive Composites Market - Industry Life Cycle |
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3.4 Europe Automotive Composites Market - Porter's Five Forces |
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3.5 Europe Automotive Composites Market Revenues & Volume Share, By Countries, 2021 & 2031F |
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3.6 Europe Automotive Composites Market Revenues & Volume Share, By Fiber, 2021 & 2031F |
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3.7 Europe Automotive Composites Market Revenues & Volume Share, By Resin, 2021 & 2031F |
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3.8 Europe Automotive Composites Market Revenues & Volume Share, By Form, 2021 & 2031F |
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3.9 Europe Automotive Composites Market Revenues & Volume Share, By Vehicle, 2021 & 2031F |
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4 Europe Automotive Composites Market Dynamics |
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4.1 Impact Analysis |
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4.2 Market Drivers |
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4.3 Market Restraints |
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5 Europe Automotive Composites Market Trends |
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6 Europe Automotive Composites Market, 2021 - 2031 |
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6.1 Europe Automotive Composites Market, Revenues & Volume, By Fiber, 2021 - 2031 |
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6.2 Europe Automotive Composites Market, Revenues & Volume, By Resin, 2021 - 2031 |
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6.3 Europe Automotive Composites Market, Revenues & Volume, By Application, 2021 - 2031 |
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6.4 Europe Automotive Composites Market, Revenues & Volume, By Vehicle, 2021 - 2031 |
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7 Germany Automotive Composites Market, 2021 - 2031 |
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7.1 Germany Automotive Composites Market, Revenues & Volume, By Fiber, 2021 - 2031 |
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7.2 Germany Automotive Composites Market, Revenues & Volume, By Resin, 2021 - 2031 |
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7.3 Germany Automotive Composites Market, Revenues & Volume, By Application, 2021 - 2031 |
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7.4 Germany Automotive Composites Market, Revenues & Volume, By Vehicle, 2021 - 2031 |
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8 United Kingdom Automotive Composites Market, 2021 - 2031 |
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8.1 United Kingdom Automotive Composites Market, Revenues & Volume, By Fiber, 2021 - 2031 |
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8.2 United Kingdom Automotive Composites Market, Revenues & Volume, By Resin, 2021 - 2031 |
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8.3 United Kingdom Automotive Composites Market, Revenues & Volume, By Application, 2021 - 2031 |
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8.4 United Kingdom Automotive Composites Market, Revenues & Volume, By Vehicle, 2021 - 2031 |
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9 France Automotive Composites Market, 2021 - 2031 |
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9.1 France Automotive Composites Market, Revenues & Volume, By Fiber, 2021 - 2031 |
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9.2 France Automotive Composites Market, Revenues & Volume, By Resin, 2021 - 2031 |
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9.3 France Automotive Composites Market, Revenues & Volume, By Application, 2021 - 2031 |
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9.4 France Automotive Composites Market, Revenues & Volume, By Vehicle, 2021 - 2031 |
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10 Italy Automotive Composites Market, 2021 - 2031 |
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10.1 Italy Automotive Composites Market, Revenues & Volume, By Fiber, 2021 - 2031 |
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10.2 Italy Automotive Composites Market, Revenues & Volume, By Resin, 2021 - 2031 |
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10.3 Italy Automotive Composites Market, Revenues & Volume, By Application, 2021 - 2031 |
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10.4 Italy Automotive Composites Market, Revenues & Volume, By Vehicle, 2021 - 2031 |
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11 Russia Automotive Composites Market, 2021 - 2031 |
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11.1 Russia Automotive Composites Market, Revenues & Volume, By Fiber, 2021 - 2031 |
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11.2 Russia Automotive Composites Market, Revenues & Volume, By Resin, 2021 - 2031 |
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11.3 Russia Automotive Composites Market, Revenues & Volume, By Application, 2021 - 2031 |
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11.4 Russia Automotive Composites Market, Revenues & Volume, By Vehicle, 2021 - 2031 |
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12 Spain Automotive Composites Market, 2021 - 2031 |
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12.1 Spain Automotive Composites Market, Revenues & Volume, By Fiber, 2021 - 2031 |
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12.2 Spain Automotive Composites Market, Revenues & Volume, By Resin, 2021 - 2031 |
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12.3 Spain Automotive Composites Market, Revenues & Volume, By Application, 2021 - 2031 |
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12.4 Spain Automotive Composites Market, Revenues & Volume, By Vehicle, 2021 - 2031 |
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13 Rest of Europe Automotive Composites Market, 2021 - 2031 |
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13.1 Rest of Europe Automotive Composites Market, Revenues & Volume, By Fiber, 2021 - 2031 |
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13.2 Rest of Europe Automotive Composites Market, Revenues & Volume, By Resin, 2021 - 2031 |
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13.3 Rest of Europe Automotive Composites Market, Revenues & Volume, By Application, 2021 - 2031 |
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13.4 Rest of Europe Automotive Composites Market, Revenues & Volume, By Vehicle, 2021 - 2031 |
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14 Europe Automotive Composites Market Key Performance Indicators |
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15 Europe Automotive Composites Market - Opportunity Assessment |
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15.1 Europe Automotive Composites Market Opportunity Assessment, By Countries, 2021 & 2031F |
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15.2 Europe Automotive Composites Market Opportunity Assessment, By Fiber, 2021 & 2031F |
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15.3 Europe Automotive Composites Market Opportunity Assessment, By Resin, 2021 & 2031F |
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15.4 Europe Automotive Composites Market Opportunity Assessment, By Application, 2021 & 2031F |
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15.5 Europe Automotive Composites Market Opportunity Assessment, By Vehicle, 2021 & 2031F |
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16 Europe Automotive Composites Market - Competitive Landscape |
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16.1 Europe Automotive Composites Market Revenue Share, By Companies, 2024 |
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16.2 Europe Automotive Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
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17 Company Profiles |
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18 Recommendations |
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19 Disclaimer |