How big is the Composite Resin Market | Size, Trends, Growth Factors & Demand

Q: What is the current size of the composite resin market?

The composite resin market was valued at USD 29.4 billion in 2024 and is projected to reach USD 53.7 billion by 2031.

Q: What is the growth rate of the composite resin market?

The market is anticipated to grow at a CAGR of 9.1% between 2025 and 2031.

Q: Which components contribute the most to the composite resin market?

Epoxy, polyester, vinyl ester, and thermoplastic resins are major contributors to the market.

Q: What is driving demand in the composite resin market?

Demand is driven by lightweight construction needs, industrial growth, and expansion of renewable energy and transportation sectors.

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Code: MTA5855

Publication Date: Jul 2025

How big is the Composite Resin Market?

According to 6Wresearch internal database and industry insights, Global composite resin market was valued at approximatelyUSD 29.4 billion in 2024 and is projected to reachUSD 53.7 billion by 2031, growing at aCAGR of 9.1% during the forecast period.

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The market is expanding due to increasing demand across automotive, construction, aerospace, marine, and electronics sectors for strong, lightweight, and durable materials.

Key Growth Drivers of the Composite Resin Market

Rising adoption in lightweight automotive parts to improve fuel efficiency
Increasing demand for high-performance materials in aerospace and defense
Growth in wind energy installations using composite resin blades
Expansion in construction and infrastructure activities
Technological advancements in resin formulations and curing processes

Composite Resin Market Trends

The composite resin market is witnessing increased application in structural and non-structural components across multiple industries due to their superior mechanical properties and chemical resistance. Epoxy, polyester and vinyl ester are thermoset resins that are still dominant due to their bonding strength and the ability to resist heat. Thermoplastic resins are also finding traction in this area in terms of recyclability and rapid turnaround. In response to environmental regulations, manufacturers are already concentrating on minimizing the emission of VOC and producing bio-based resins.

Emerging Developments in the Composite Resin Market

The composite resin market is evolving with innovations in nano-enhanced resin systems for better thermal and impact performance. Companies have invested in using green manufacturing to replace non sustainable disposable resins with recyclable ones. Coh-development of tailored resins with applications within particular end users is on the increase. Consistency and throughput are also being addressed by adopting automation and digital monitoring to the curing processes. All this is increasing the market in future-ready composite production.