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 Electric Vehicle Composites Market - A Global and Regional Analysis: Focus on Fiber Type, Resin Type, Manufacturing Process, Application, and Regional Analysis - Analysis and Forecast, 2025-2034
Electric Vehicle Composites Market Industry and Technology Overview The electric vehicle composites market represents a critical segment within the automotive materials industry, with composite ... もっと見る
SummaryElectric Vehicle Composites Market Industry and Technology OverviewThe electric vehicle composites market represents a critical segment within the automotive materials industry, with composite materials playing an indispensable role in the lightweighting strategies central to electric vehicle design. Technological advances in fiber types, resin formulations, and manufacturing processes continue to improve the strength-to-weight ratio, durability, and sustainability of composites used across structural and non-structural components of electric vehicles. Thermal and acoustic management, battery enclosures, and drive train components increasingly incorporate composite solutions to meet stringent safety and efficiency standards. The electric vehicle composites market benefits from heightened investments in R&D focusing on cost reduction, enhanced recyclability, and integration with automated manufacturing techniques such as resin transfer molding and additive manufacturing. Global Electric Vehicle Composites Market Lifecycle Stage Currently, the electric vehicle composites market is in a robust growth phase, propelled by accelerating electric vehicle adoption in key regions including North America, Europe, and Asia-Pacific. Market participants report increasing technology readiness levels, with composite solutions transitioning from niche applications to widespread adoption in mass-market electric vehicles. Government policies promoting clean energy and emission reduction support market momentum. Collaborative efforts between composite manufacturers, OEMs, and research institutions are fundamental to advancing material performance and manufacturing efficiencies. The electric vehicle composites market is expected to sustain double-digit growth rates over the next decade, driven by evolving automotive design paradigms and the global transition toward electrification. Electric Vehicle Composites Market Segmentation: Segmentation 1: by Fiber Type • Carbon Fiber • Glass Fiber • Others Segmentation 2: by Resin Type • Thermoset Resins • Thermoplastic Resins Segmentation 3: by Manufacturing Process • Compression Molding • Injection Molding • RTM Segmentation 4: by Application • Structural Components o Vehicle Body Panels o Chassis and Frame Elements o Bumpers and Impact Absorbers • Non-Structural Components o Interior Parts o Exterior Trim and Accessories o Under-the-Hood Components • Battery Enclosures and Packs o Battery Housing and Protective Casings o Thermal Management Components o Structural Support Elements in Battery Modules • Others Segmentation 5: by Region • North America - U.S., Canada, and Mexico • Europe - Germany, France, Italy, Spain, U.K., and Rest-of-Europe • Asia-Pacific - China, Japan, South Korea, India, and Rest-of-Asia-Pacific • Rest-of-the-World - South America and Middle East and Africa Demand – Drivers and Limitations The following are the demand drivers for the electric vehicle composites market: • Growing demand for lightweight materials to improve EV driving range and energy efficiency • Increasing regulatory pressure to reduce vehicle emissions and enhance sustainability • Advancements in composite manufacturing technologies reducing costs and increasing scalability The electric vehicle composites market is expected to face some limitations as well due to the following challenges: • High production and raw material costs associated with advanced composites • Complexity in recycling and end-of-life management of composite materials Electric Vehicle Composites Market Key Players and Competition Synopsis The global electric vehicle composites market presents a dynamic and rapidly evolving competitive landscape shaped by both established automotive material suppliers and emerging composite technology innovators. Leading international companies such as Toray Industries, Teijin Limited, Syensqo, Piran Advanced Composites, and Röchling SE & Co. KG play pivotal roles in advancing high-performance composite solutions tailored for electric vehicle applications. These key players emphasize the development of lightweight, durable, and cost-effective composite materials that enhance electric vehicle efficiency, range, and safety. Alongside these established entities, a wave of startups and specialized material manufacturers are contributing innovative composites focusing on recyclability, improved thermal management, and manufacturing scalability to address the diverse demands of electric vehicle manufacturers. Competition in the electric vehicle composites market is driven by strategic collaborations with automotive OEMs, continuous research and development, and regional growth fueled by government incentives and environmental regulations. As the electric vehicle composites market expands, players concentrate on delivering adaptable, high-performance composite materials compatible with next-generation electric vehicle architectures globally. Some prominent names established in the electric vehicle composites market are: • Toray Industries, Inc. • Teijin Limited • Syensqo • Piran Advanced Composites • HRC (Hengrui Corporation) • Envalior • Exel Composites • SGL Carbon • Plastic Omnium • Röchling SE & Co. KG • Mar-Bal, Inc. • ElringKlinger AG • POLYTEC HOLDING AG • Faurecia • Kautex Textron GmbH & Co. KG Companies that are not a part of the previously mentioned pool have been well represented across different sections of the report (wherever applicable). Table of ContentsExecutive SummaryScope and Definition Market/Product Definition Key Questions Answered Analysis and Forecast Note 1. Markets: Industry Outlook 1.1 Trends: Current and Future Impact Assessment 1.2 Market Dynamics Overview 1.2.1 Market Drivers 1.2.2 Market Restraints 1.2.3 Market Opportunities 1.3 Impact of Regulatory and Environmental Policies 1.4 Patent Analysis 1.4.1 By Year 1.4.2 By Region 1.5 Technology Landscape 1.6 Start-Up Landscape 1.7 Investment Landscape and R&D Trends 1.8 Value Chain Analysis 1.9 Industry Attractiveness 2. Global Electric Vehicle Composites Market (by Fiber Type) 2.1 Carbon Fiber 2.2 Glass Fiber 2.3 Others 3. Global Electric Vehicle Composites Market (by Resin Type) 3.1 Thermoset Resins 3.2 Thermoplastic Resins 4. Global Electric Vehicle Composites Market (by Manufacturing Process) 4.1 Compression Molding 4.2 Injection Molding 4.3 RTM 5. Global Electric Vehicle Composites Market (by Application) 5.1 Structural Components 5.1.1 Vehicle Body Panels 5.1.2 Chassis and Frame Elements 5.1.3 Bumpers and Impact Absorbers 5.2 Non-Structural Components 5.2.1 Interior Parts 5.2.2 Exterior Trim and Accessories 5.2.3 Under-the-Hood Components 5.3 Battery Enclosures and Packs 5.3.1 Battery Housing and Protective Casings 5.3.2 Thermal Management Components 5.3.3 Structural Support Elements in Battery Modules 5.4 Others 6. Global Electric Vehicle Composites Market (by Region) 6.1 Global Electric Vehicle Composites Market (by Region) 6.2 North America 6.2.1 Regional Overview 6.2.2 Driving Factors for Market Growth 6.2.3 Factors Challenging the Market 6.2.4 Key Companies 6.2.5 Fiber Type 6.2.6 Resin Type 6.2.7 Manufacturing Process 6.2.8 Application 6.2.9 North America (by Country) 6.2.9.1 U.S. 6.2.9.1.1 Market by Fiber Type 6.2.9.1.2 Market by Resin Type 6.2.9.1.3 Market by Manufacturing Process 6.2.9.1.4 Market by Application 6.2.9.2 Canada 6.2.9.2.1 Market by Fiber Type 6.2.9.2.2 Market by Resin Type 6.2.9.2.3 Market by Manufacturing Process 6.2.9.2.4 Market by Application 6.2.9.3 Mexico 6.2.9.3.1 Market by Fiber Type 6.2.9.3.2 Market by Resin Type 6.2.9.3.3 Market by Manufacturing Process 6.2.9.3.4 Market by Application 6.3 Europe 6.3.1 Regional Overview 6.3.2 Driving Factors for Market Growth 6.3.3 Factors Challenging the Market 6.3.4 Key Companies 6.3.5 Fiber Type 6.3.6 Resin Type 6.3.7 Manufacturing Process 6.3.8 Application 6.3.9 Europe (by Country) 6.3.9.1 Germany 6.3.9.1.1 Market by Fiber Type 6.3.9.1.2 Market by Resin Type 6.3.9.1.3 Market by Manufacturing Process 6.3.9.1.4 Market by Application 6.3.9.2 France 6.3.9.2.1 Market by Fiber Type 6.3.9.2.2 Market by Resin Type 6.3.9.2.3 Market by Manufacturing Process 6.3.9.2.4 Market by Application 6.3.9.3 Italy 6.3.9.3.1 Market by Fiber Type 6.3.9.3.2 Market by Resin Type 6.3.9.3.3 Market by Manufacturing Process 6.3.9.3.4 Market by Application 6.3.9.4 Spain 6.3.9.4.1 Market by Fiber Type 6.3.9.4.2 Market by Resin Type 6.3.9.4.3 Market by Manufacturing Process 6.3.9.4.4 Market by Application 6.3.9.5 U.K. 6.3.9.5.1 Market by Fiber Type 6.3.9.5.2 Market by Resin Type 6.3.9.5.3 Market by Manufacturing Process 6.3.9.5.4 Market by Application 6.3.9.6 Rest-of-Europe 6.3.9.6.1 Market by Fiber Type 6.3.9.6.2 Market by Resin Type 6.3.9.6.3 Market by Manufacturing Process 6.3.9.6.4 Market by Application 6.4 Asia-Pacific 6.4.1 Regional Overview 6.4.2 Driving Factors for Market Growth 6.4.3 Factors Challenging the Market 6.4.4 Key Companies 6.4.5 Fiber Type 6.4.6 Resin Type 6.4.7 Manufacturing Process 6.4.8 Application 6.4.9 Asia-Pacific (by Country) 6.4.9.1 China 6.4.9.1.1 Market by Fiber Type 6.4.9.1.2 Market by Resin Type 6.4.9.1.3 Market by Manufacturing Process 6.4.9.1.4 Market by Application 6.4.9.2 Japan 6.4.9.2.1 Market by Fiber Type 6.4.9.2.2 Market by Resin Type 6.4.9.2.3 Market by Manufacturing Process 6.4.9.2.4 Market by Application 6.4.9.3 India 6.4.9.3.1 Market by Fiber Type 6.4.9.3.2 Market by Resin Type 6.4.9.3.3 Market by Manufacturing Process 6.4.9.3.4 Market by Application 6.4.9.4 South Korea 6.4.9.4.1 Market by Fiber Type 6.4.9.4.2 Market by Resin Type 6.4.9.4.3 Market by Manufacturing Process 6.4.9.4.4 Market by Application 6.4.9.5 Rest-of-Asia-Pacific 6.4.9.5.1 Market by Fiber Type 6.4.9.5.2 Market by Resin Type 6.4.9.5.3 Market by Manufacturing Process 6.4.9.5.4 Market by Application 6.5 Rest-of-the-World 6.5.1 Regional Overview 6.5.2 Driving Factors for Market Growth 6.5.3 Factors Challenging the Market 6.5.4 Key Companies 6.5.5 Fiber Type 6.5.6 Resin Type 6.5.7 Manufacturing Process 6.5.8 Application 6.5.9 Rest-of-the-World (by Region) 6.5.9.1 South America 6.5.9.1.1 Market by Fiber Type 6.5.9.1.2 Market by Resin Type 6.5.9.1.3 Market by Manufacturing Process 6.5.9.1.4 Market by Application 6.5.9.2 Middle East and Africa 6.5.9.2.1 Market by Fiber Type 6.5.9.2.2 Market by Resin Type 6.5.9.2.3 Market by Manufacturing Process 6.5.9.2.4 Market by Application 7. Markets - Competitive Benchmarking & Company Profiles 7.1 Next Frontiers 7.2 Geographic Assessment 7.3 Company Profiles 7.3.1 Toray Industries, Inc. 7.3.1.1 Overview 7.3.1.2 Top Products/Product Portfolio 7.3.1.3 Top Competitors 7.3.1.4 Target Customers 7.3.1.5 Key Personnel 7.3.1.6 Analyst View 7.3.1.7 Market Share 7.3.2 Teijin Limited 7.3.2.1 Overview 7.3.2.2 Top Products/Product Portfolio 7.3.2.3 Top Competitors 7.3.2.4 Target Customers 7.3.2.5 Key Personnel 7.3.2.6 Analyst View 7.3.2.7 Market Share 7.3.3 Syensqo 7.3.3.1 Overview 7.3.3.2 Top Products/Product Portfolio 7.3.3.3 Top Competitors 7.3.3.4 Target Customers 7.3.3.5 Key Personnel 7.3.3.6 Analyst View 7.3.3.7 Market Share 7.3.4 Piran Advanced Composites 7.3.4.1 Overview 7.3.4.2 Top Products/Product Portfolio 7.3.4.3 Top Competitors 7.3.4.4 Target Customers 7.3.4.5 Key Personnel 7.3.4.6 Analyst View 7.3.4.7 Market Share 7.3.5 HRC (Hengrui Corporation) 7.3.5.1 Overview 7.3.5.2 Top Products/Product Portfolio 7.3.5.3 Top Competitors 7.3.5.4 Target Customers 7.3.5.5 Key Personnel 7.3.5.6 Analyst View 7.3.5.7 Market Share 7.3.6 Envalior 7.3.6.1 Overview 7.3.6.2 Top Products/Product Portfolio 7.3.6.3 Top Competitors 7.3.6.4 Target Customers 7.3.6.5 Key Personnel 7.3.6.6 Analyst View 7.3.6.7 Market Share 7.3.7 Exel Composites 7.3.7.1 Overview 7.3.7.2 Top Products/Product Portfolio 7.3.7.3 Top Competitors 7.3.7.4 Target Customers 7.3.7.5 Key Personnel 7.3.7.6 Analyst View 7.3.7.7 Market Share 7.3.8 SGL Carbon 7.3.8.1 Overview 7.3.8.2 Top Products/Product Portfolio 7.3.8.3 Top Competitors 7.3.8.4 Target Customers 7.3.8.5 Key Personnel 7.3.8.6 Analyst View 7.3.8.7 Market Share 7.3.9 Plastic Omnium 7.3.9.1 Overview 7.3.9.2 Top Products/Product Portfolio 7.3.9.3 Top Competitors 7.3.9.4 Target Customers 7.3.9.5 Key Personnel 7.3.9.6 Analyst View 7.3.9.7 Market Share 7.3.10 Röchling SE & Co. KG 7.3.10.1 Overview 7.3.10.2 Top Products/Product Portfolio 7.3.10.3 Top Competitors 7.3.10.4 Target Customers 7.3.10.5 Key Personnel 7.3.10.6 Analyst View 7.3.10.7 Market Share 7.3.11 Mar-Bal, Inc. 7.3.11.1 Overview 7.3.11.2 Top Products/Product Portfolio 7.3.11.3 Top Competitors 7.3.11.4 Target Customers 7.3.11.5 Key Personnel 7.3.11.6 Analyst View 7.3.11.7 Market Share 7.3.12 ElringKlinger AG 7.3.12.1 Overview 7.3.12.2 Top Products/Product Portfolio 7.3.12.3 Top Competitors 7.3.12.4 Target Customers 7.3.12.5 Key Personnel 7.3.12.6 Analyst View 7.3.12.7 Market Share 7.3.13 POLYTEC HOLDING AG 7.3.13.1 Overview 7.3.13.2 Top Products/Product Portfolio 7.3.13.3 Top Competitors 7.3.13.4 Target Customers 7.3.13.5 Key Personnel 7.3.13.6 Analyst View 7.3.13.7 Market Share 7.3.14 Faurecia 7.3.14.1 Overview 7.3.14.2 Top Products/Product Portfolio 7.3.14.3 Top Competitors 7.3.14.4 Target Customers 7.3.14.5 Key Personnel 7.3.14.6 Analyst View 7.3.14.7 Market Share 7.3.15 KG 7.3.15.1 Overview 7.3.15.2 Top Products/Product Portfolio 7.3.15.3 Top Competitors 7.3.15.4 Target Customers 7.3.15.5 Key Personnel 7.3.15.6 Analyst View 7.3.15.7 Market Share 7.4 Other Key Companies 8. Research Methodology List of Figures Figure 1: Electric Vehicle Composites Market (by Scenario), $Billion, 2025, 2028, and 2034 Figure 2: Electric Vehicle Composites Market (by Region), $Billion, 2024, 2027, and 2034 Figure 3: Electric Vehicle Composites Market (by Fiber Type), $Billion, 2024, 2027, and 2034 Figure 4: Electric Vehicle Composites Market (by Resin Type), $Billion, 2024, 2027, and 2034 Figure 5: Electric Vehicle Composites Market (by Manufacturing Process), $Billion, 2024, 2027, and 2034 Figure 6: Electric Vehicle Composites Market (by Application), $Billion, 2024, 2027, and 2034 Figure 7: Competitive Landscape Snapshot Figure 8: Supply Chain Analysis Figure 9: Value Chain Analysis Figure 10: Patent Analysis (by Country), January 2021-April 2025 Figure 11: Patent Analysis (by Company), January 2021-April 2025 Figure 12: Impact Analysis of Market Navigating Factors, 2024-2034 Figure 13: U.S. Electric Vehicle Composites Market, $Billion, 2024-2034 Figure 14: Canada Electric Vehicle Composites Market, $Billion, 2024-2034 Figure 15: Mexico Electric Vehicle Composites Market, $Billion, 2024-2034 Figure 16: Germany Electric Vehicle Composites Market, $Billion, 2024-2034 Figure 17: France Electric Vehicle Composites Market, $Billion, 2024-2034 Figure 18: Italy Electric Vehicle Composites Market, $Billion, 2024-2034 Figure 19: Spain Electric Vehicle Composites Market, $Billion, 2024-2034 Figure 20: U.K. Electric Vehicle Composites Market, $Billion, 2024-2034 Figure 21: Rest-of-Europe Electric Vehicle Composites Market, $Billion, 2024-2034 Figure 22: China Electric Vehicle Composites Market, $Billion, 2024-2034 Figure 23: Japan Electric Vehicle Composites Market, $Billion, 2024-2034 Figure 24: India Electric Vehicle Composites Market, $Billion, 2024-2034 Figure 25: South Korea Electric Vehicle Composites Market, $Billion, 2024-2034 Figure 26: Rest-of-Asia-Pacific Electric Vehicle Composites Market, $Billion, 2024-2034 Figure 27: South America Electric Vehicle Composites Market, $Billion, 2024-2034 Figure 28: Middle East and Africa Electric Vehicle Composites Market, $Billion, 2024-2034 Figure 29: Strategic Initiatives (by Company), 2021-2025 Figure 30: Share of Strategic Initiatives, 2021-2025 Figure 31: Data Triangulation Figure 32: Top-Down and Bottom-Up Approach Figure 33: Assumptions and Limitations List of Tables Table 1: Market Snapshot Table 2: Opportunities across Region Table 3: Trends Overview Table 4: Electric Vehicle Composites Market (by Region), $Billion, 2024-2034 Table 5: North America Electric Vehicle Composites Market (by Fiber Type), $Billion, 2024-2034 Table 6: North America Electric Vehicle Composites Market (by Resin Type), $Billion, 2024-2034 Table 7: North America Electric Vehicle Composites Market (by Manufacturing Process), $Billion, 2024-2034 Table 8: North America Electric Vehicle Composites Market (by Application), $Billion, 2024-2034 Table 9: U.S. Electric Vehicle Composites Market (by Fiber Type), $Billion, 2024-2034 Table 10: U.S. Electric Vehicle Composites Market (by Resin Type), $Billion, 2024-2034 Table 11: U.S. Electric Vehicle Composites Market (by Manufacturing Process), $Billion, 2024-2034 Table 12: U.S. Electric Vehicle Composites Market (by Application), $Billion, 2024-2034 Table 13: Canada Electric Vehicle Composites Market (by Fiber Type), $Billion, 2024-2034 Table 14: Canada Electric Vehicle Composites Market (by Resin Type), $Billion, 2024-2034 Table 15: Canada Electric Vehicle Composites Market (by Manufacturing Process), $Billion, 2024-2034 Table 16: Canada Electric Vehicle Composites Market (by Application), $Billion, 2024-2034 Table 17: Mexico Electric Vehicle Composites Market (by Fiber Type), $Billion, 2024-2034 Table 18: Mexico Electric Vehicle Composites Market (by Resin Type), $Billion, 2024-2034 Table 19: Mexico Electric Vehicle Composites Market (by Manufacturing Process), $Billion, 2024-2034 Table 20: Mexico Electric Vehicle Composites Market (by Application), $Billion, 2024-2034 Table 21: Europe Electric Vehicle Composites Market (by Fiber Type), $Billion, 2024-2034 Table 22: Europe Electric Vehicle Composites Market (by Resin Type), $Billion, 2024-2034 Table 23: Europe Electric Vehicle Composites Market (by Manufacturing Process), $Billion, 2024-2034 Table 24: Europe Electric Vehicle Composites Market (by Application), $Billion, 2024-2034 Table 25: Germany Electric Vehicle Composites Market (by Fiber Type), $Billion, 2024-2034 Table 26: Germany Electric Vehicle Composites Market (by Resin Type), $Billion, 2024-2034 Table 27: Germany Electric Vehicle Composites Market (by Manufacturing Process), $Billion, 2024-2034 Table 28: Germany Electric Vehicle Composites Market (by Application), $Billion, 2024-2034 Table 29: France Electric Vehicle Composites Market (by Fiber Type), $Billion, 2024-2034 Table 30: France Electric Vehicle Composites Market (by Resin Type), $Billion, 2024-2034 Table 31: France Electric Vehicle Composites Market (by Manufacturing Process), $Billion, 2024-2034 Table 32: France Electric Vehicle Composites Market (by Application), $Billion, 2024-2034 Table 33: Italy Electric Vehicle Composites Market (by Fiber Type), $Billion, 2024-2034 Table 34: Italy Electric Vehicle Composites Market (by Resin Type), $Billion, 2024-2034 Table 35: Italy Electric Vehicle Composites Market (by Manufacturing Process), $Billion, 2024-2034 Table 36: Italy Electric Vehicle Composites Market (by Application), $Billion, 2024-2034 Table 37: Spain Electric Vehicle Composites Market (by Fiber Type), $Billion, 2024-2034 Table 38: Spain Electric Vehicle Composites Market (by Resin Type), $Billion, 2024-2034 Table 39: Spain Electric Vehicle Composites Market (by Manufacturing Process), $Billion, 2024-2034 Table 40: Spain Electric Vehicle Composites Market (by Application), $Billion, 2024-2034 Table 41: U.K. Electric Vehicle Composites Market (by Fiber Type), $Billion, 2024-2034 Table 42: U.K. Electric Vehicle Composites Market (by Resin Type), $Billion, 2024-2034 Table 43: U.K. Electric Vehicle Composites Market (by Manufacturing Process), $Billion, 2024-2034 Table 44: U.K. Electric Vehicle Composites Market (by Application), $Billion, 2024-2034 Table 45: Rest-of-Europe Electric Vehicle Composites Market (by Fiber Type), $Billion, 2024-2034 Table 46: Rest-of-Europe Electric Vehicle Composites Market (by Resin Type), $Billion, 2024-2034 Table 47: Rest-of-Europe Electric Vehicle Composites Market (by Manufacturing Process), $Billion, 2024-2034 Table 48: Rest-of-Europe Electric Vehicle Composites Market (by Application), $Billion, 2024-2034 Table 49: China Electric Vehicle Composites Market (by Fiber Type), $Billion, 2024-2034 Table 50: China Electric Vehicle Composites Market (by Resin Type), $Billion, 2024-2034 Table 51: China Electric Vehicle Composites Market (by Manufacturing Process), $Billion, 2024-2034 Table 52: China Electric Vehicle Composites Market (by Application), $Billion, 2024-2034 Table 53: Japan Electric Vehicle Composites Market (by Fiber Type), $Billion, 2024-2034 Table 54: Japan Electric Vehicle Composites Market (by Resin Type), $Billion, 2024-2034 Table 55: Japan Electric Vehicle Composites Market (by Manufacturing Process), $Billion, 2024-2034 Table 56: Japan Electric Vehicle Composites Market (by Application), $Billion, 2024-2034 Table 57: India Electric Vehicle Composites Market (by Fiber Type), $Billion, 2024-2034 Table 58: India Electric Vehicle Composites Market (by Resin Type), $Billion, 2024-2034 Table 59: India Electric Vehicle Composites Market (by Manufacturing Process), $Billion, 2024-2034 Table 60: India Electric Vehicle Composites Market (by Application), $Billion, 2024-2034 Table 61: South Korea Electric Vehicle Composites Market (by Fiber Type), $Billion, 2024-2034 Table 62: South Korea Electric Vehicle Composites Market (by Resin Type), $Billion, 2024-2034 Table 63: South Korea Electric Vehicle Composites Market (by Manufacturing Process), $Billion, 2024-2034 Table 64: South Korea Electric Vehicle Composites Market (by Application), $Billion, 2024-2034 Table 65: Rest-of-Asia-Pacific Electric Vehicle Composites Market (by Fiber Type), $Billion, 2024-2034 Table 66: Rest-of-Asia-Pacific Electric Vehicle Composites Market (by Resin Type), $Billion, 2024-2034 Table 67: Rest-of-Asia-Pacific Electric Vehicle Composites Market (by Manufacturing Process), $Billion, 2024-2034 Table 68: Rest-of-Asia-Pacific Electric Vehicle Composites Market (by Application), $Billion, 2024-2034 Table 69: Rest-of-the-World Electric Vehicle Composites Market (by Fiber Type), $Billion, 2024-2034 Table 70: Rest-of-the-World Electric Vehicle Composites Market (by Resin Type), $Billion, 2024-2034 Table 71: Rest-of-the-World Electric Vehicle Composites Market (by Manufacturing Process), $Billion, 2024-2034 Table 72: Rest-of-the-World Electric Vehicle Composites Market (by Application), $Billion, 2024-2034 Table 73: South America Electric Vehicle Composites Market (by Fiber Type), $Billion, 2024-2034 Table 74: South America Electric Vehicle Composites Market (by Resin Type), $Billion, 2024-2034 Table 75: South America Electric Vehicle Composites Market (by Manufacturing Process), $Billion, 2024-2034 Table 76: South America Electric Vehicle Composites Market (by Application), $Billion, 2024-2034 Table 77: Middle East and Africa Electric Vehicle Composites Market (by Fiber Type), $Billion, 2024-2034 Table 78: Middle East and Africa Electric Vehicle Composites Market (by Resin Type), $Billion, 2024-2034 Table 79: Middle East and Africa Electric Vehicle Composites Market (by Manufacturing Process), $Billion, 2024-2034 Table 80: Middle East and Africa Electric Vehicle Composites Market (by Application), $Billion, 2024-2034 Table 81: Market Share Press Release
According to a premium market intelligence study by BIS Research, the global electric vehicle composites market is projected to reach $13.42 billion by 2034. The study also highlights that the market is set to witness a CAGR of 17.85% during the forecast period 2025-2034.
USP of the Report This report delivers detailed competitive benchmarking of major global players, comprehensive segmentation by fiber type, application, resin type, and region, along with analysis of emerging trends, investment patterns, and technological innovations, providing a thorough understanding of the electric vehicle composites market landscape. Who should buy this report? The report is essential for composite material manufacturers, electric vehicle OEMs, automotive suppliers, research organizations, and investors focused on the automotive materials and electric mobility sectors. Analyst Perspective According to Debraj Chakraborty, Principal Analyst, BIS Research, “The electric vehicle composites market is poised for significant expansion as EV manufacturers increasingly prioritize lightweighting and sustainability. Innovations in carbon fiber production and thermoplastic composites, coupled with growing automation in manufacturing, are driving cost reductions and performance improvements. Market participants focusing on scalable, eco-friendly solutions with multifunctional capabilities will lead in addressing evolving regulatory and consumer demands. Strategic collaborations between material producers and automotive OEMs will be crucial for accelerating adoption and maintaining competitive advantage.” Key Companies Profiled The key players profiled in the report Toray Industries, Inc., Teijin Limited, Syensqo, Piran Advanced Composites, HRC (Hengrui Corporation), Envalior, Exel Composites, SGL Carbon, Plastic Omnium, Röchling SE & Co. KG, Mar-Bal, Inc., ElringKlinger AG, POLYTEC HOLDING AG, Faurecia, and Kautex Textron GmbH & Co. KG Key Questions Answered in the Report • What are the main factors driving the demand for global electric vehicle composites market? • What are the major patents filed by the companies active in the global electric vehicle composites market? • Who are the key players in the global electric vehicle composites market , and what are their respective market shares? • What partnerships or collaborations are prominent among stakeholders in the global electric vehicle composites market? • What are the strategies adopted by the key companies to gain a competitive edge in global electric vehicle composites market? • What is the futuristic outlook for the global electric vehicle composites market in terms of growth potential? • What is the current estimation of the global electric vehicle composites market and what growth trajectory is projected from 2025 to 2034? • Which application, and product segment is expected to lead the market over the forecast period (2025-2034)? • Which regions demonstrate the highest adoption rates for global electric vehicle composites market , and what factors contribute to their leadership?
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