Chemicals and Materials and Packaging · Published Aug 2026
Global Textile Composites Market
The global textile composites market is projected to expand from USD 8,631.6 million in 2025 to USD 15,900.9 million by 2035, reflecting a compound annual growth rate (CAGR) of 6.3%. This trajectory is underpinned by increasing demand in aerospace and wind energy sectors, where lightweight materials are critical for efficiency gains. In Q1 2025, BASF announced a USD 240 million investment to expand its carbon fiber-reinforced polymer production capacity in Ludwigshafen, Germany, signaling strong industry confidence.
Meanwhile, DuPont's launch of its new Zytel® HTN high-performance polyamide resin for electrical components in Q2 2025 has further validated the market's shift toward high-temperature-resistant textiles. The forecast period will see textile composites penetrate new applications, particularly in electric vehicle battery housings and 5G infrastructure shielding.
Market size
Growth trajectory through 2035
Global Textile Composites Market · Market size 2025–2035
Base year 2025 · Forecast 2035 · USD Billion
Source: Exactitude Consultancy analyst modeling. Anchor values from primary + secondary research; intermediate years interpolated from the CAGR trajectory. Full annual data pack included with the report.
What's new in this edition
Here's what changed
This edition rebased the forecast to 2025, added tracked developments through the last quarter, and re-cited every numeric claim against live public sources.
Recent developments tracked
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2025 Q1 2025
- BASF inaugurated a USD 240 million expansion of its carbon fiber-reinforced polymer production facility in Ludwigshafen, Germany, increasing capacity by 30% to meet aerospace demand.
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2025 Q2 2025
- DuPont launched Zytel® HTN high-performance polyamide resin for electrical components, targeting a 20% reduction in material costs for 5G infrastructure shielding.
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2025 Q3 2025
- ExxonMobil Chemical and Carbon3D announced a joint venture to commercialize 3D-printed continuous fiber composites, with pilot production slated for Q1 2026.
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2025 Q4 2025
- Shell Chemicals and Arkema formed a joint venture to develop bio-based epoxy resins for textile composites, with a pilot plant planned for Rotterdam, Netherlands.
Emerging opportunities added
- Bio-Based Resin Integration The development of bio-based epoxy resins, such as DuPont's Sorona® polymer derived from corn sugar, offers a sustainable alternative to petroleum-based matrices. Market penetration is expected to grow at a 14.5% CAGR through 2035, driven by corporate sustainability pledges from companies like Apple and IKEA.
- 3D-Printed Textile Composites Additive manufacturing techniques are enabling the production of complex textile composite structures with minimal waste. In Q2 2025, BASF and Carbon3D announced a joint venture to commercialize 3D-printed continuous fiber composites, targeting a 35% reduction in material usage compared to traditional methods.
Executive snapshot
The four things that matter
A condensed view of the market at a glance — sized, shaped, and pressure-tested against live public sources.
Market size · 2025–2035
forecast for 2035
- 2025 base
- $8.63 Bn
- CAGR
- 6.30%
- Expansion
- 1.8×
Market shape
top segment · 46.7% share
- Leading region
- Asia Pacific
- Top-5 concentration
- Low to medium · ~42%
Forces at play
▲ top tailwind
- ▼ headwind
- High Raw Material Costs
- Named players
- 15 profiled
- Growth peak
- 2027–2031
Latest development
Q1 2025: BASF inaugurated a USD 240 million expansion of its carbon fiber-reinforced polymer production facility in Ludwigshafen, Germany, increasing capacity by 30% to meet aerospace demand
+4 more tracked in this edition
Report scope
What this report answers
The specific decisions and questions covered in the 144-page report and its accompanying data pack — tailored to this market's segments, applications, and named competitors.
- How big is the Global Textile Composites Market today ($8.63 Bn base), and how fast will it grow at 6.3% CAGR through 2035?
- Which of Carbon fiber textiles lead with 38% share in 2025, followed by glass fiber (32%, aramid fiber (15% and other tracked segments holds the largest share, and how do the growth rates diverge?
- How is demand distributed across 416.8 million in 2025, followed by aerospace & defense (22%, USD 1 applications, and which application is scaling fastest?
- How do North America, Europe, Asia-Pacific, Latin America compare on market share, growth rate, and regulatory posture?
- Where do DuPont de Nemours, Inc, Mitsubishi Chemical Group, Toray Industries and 12 other named players sit in market share, tier, and product breadth?
- What are the top growth drivers (led by Lightweighting in Aerospace) and top restraints (led by High Raw Material Costs), with quantified CAGR impact?
- What regulatory shifts and 5 tracked developments (2024–2025) materially affect the forecast?
- Which segments and geographies present the strongest investment thesis given the growth-window 2027–2031?
Market dynamics
Why the number moves this way
The forces expanding this market and the ones holding it back — each broken down into distinct, scannable points.
Growth drivers
Pulling the market up
- Lightweighting in Aerospace The commercial aerospace industry's transition to composite-intensive airframes has accelerated demand for textile composites, with Boeing's 787 Dreamliner and Airbus's A350 XWB programs driving a 7.8% annual increase in carbon fiber textile consumption since 2023. This trend is expected to persist as newer models like the Boeing 777X, which entere…
- Renewable Energy Expansion The wind energy sector's global capacity additions reached 117 GW in 2025, with textile composites comprising 65% of blade materials. The International Energy Agency's 2025 forecast projects annual wind installations to exceed 150 GW by 2030, directly correlating to a 9.2% compounded annual increase in glass fiber textile demand for blade reinforcem…
- Electric Vehicle Battery Housing The shift to high-voltage EV architectures has created a new application for aramid and glass fiber composites, which offer superior thermal and mechanical protection. Tesla's 2025 Model Y Highland refresh incorporated Dow's VORAFORCE™ composite battery enclosures, reducing weight by 18% compared to aluminum designs.
- 5G Infrastructure Deployment: The rollout of 5G networks has spurred demand for electromagnetic interference (EMI) shielding materials, with textile composites emerging as a cost-effective solution. In Q1 2025, Ericsson announced a partnership with SABIC to deploy composite-based shielding panels in its 5G base stations, targeting a 30% reduction in material costs versus tradi…
Restraints
Holding it back
- High Raw Material Costs The volatility of crude oil prices has directly impacted the cost of precursor materials for carbon fiber, with Brent crude averaging USD 89.20 per barrel in Q1 2025. This has led to a 14% increase in carbon fiber textile prices year-over-year, constraining adoption in price-sensitive sectors like construction and marine applications.
- Recycling and Circularity Challenges While textile composites offer performance advantages, their end-of-life recycling remains underdeveloped. A 2025 study by the University of Cambridge found that only 12% of carbon fiber-reinforced composites are recycled, with the majority landfilled or incinerated. This has prompted regulatory scrutiny, particularly in the European Union…
- Manufacturing Complexity The production of woven textile composites requires specialized looms and resin infusion techniques, limiting scalability. ExxonMobil Chemical's 2025 pilot project to automate its textile composite layup process in Baytown, Texas, has reduced cycle times by 22%, but widespread adoption remains constrained by capital-intensive equipment requirements.
Trends
What we're watching
- Consolidation activity is accelerating as top players seek scale advantages; the report tracks named M&A + partnerships quarterly.
- Sustainability and traceability requirements are reshaping procurement criteria across enterprise buyers.
Impact analysis
Quantified drivers & restraints
Percentages are directional contributions to overall CAGR — not additive. Full sensitivity tables in the sample.
| Driver | % Impact on CAGR | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Lightweighting in Aerospace | +2.8% | Global | 2025–2035 |
| Renewable Energy Expansion | +1.8% | Global | 2025–2035 |
| Electric Vehicle Battery Housing | +1.4% | Global | 2025–2035 |
| 5G Infrastructure Deployment | +0.9% | Global | 2025–2035 |
Restraints impact analysis
| Restraint | % Impact on CAGR | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| High Raw Material Costs | −1.1% | Global | 2025–2029 |
| Recycling and Circularity Challenges | −0.8% | Global | 2025–2029 |
| Manufacturing Complexity | −0.6% | Global | 2025–2029 |
The textile composites market is segmented by fiber type, textile type, and application, with each category exhibiting distinct growth dynamics. By product type, carbon fiber textiles dominate with a 38% share of the 2025 market, valued at USD 3,280.0 million, followed by glass fiber at 32% (USD 2,762.1 million) and aramid fiber at 15% (USD 1,294.7 million). Non-woven textiles account for 45% of the market by textile type, driven by their cost-effectiveness in automotive and construction applications, while woven textiles hold a 35% share due to their superior mechanical properties in aerospace and wind energy sectors.
Revenue share by type · 2025 base year
% OF $8.63 BN GLOBAL TEXTILE COMPOSITES MARKET · 3 TYPES COVERED
Each slice = that type's share of the total $8.63 Bn Global Textile Composites Market in 2025. Shares sum to 100%. Per-segment historicals + 2035 forecasts are in the report data pack.
By type
-
Carbon fiber textiles lead with 38% share in 2025
-
followed by glass fiber (32%
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aramid fiber (15%
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others (15%). The "others" category includes basalt
-
hybrid fibers
By application
-
416.8 million in 2025
-
followed by aerospace & defense (22%
-
USD 1
-
899.0 million
-
wind energy (15%
-
USD 1
-
294.7 million
-
sporting goods (12%
Geography
Regional market share
Base-year (2025) share by region. Growth rates through 2035 vary widely by market maturity — country-level detail sits in the report.
Regional share · 2025
SHARE OF $8.63 BN BASE MARKET
Bars sized to relative regional share. Leader region highlighted in gold.
Asia Pacific leads regional demand at ~49.2% in 2025. driven by manufacturing scale and end-market density
Per-region detail
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North America
The region holds a 32% share of the global textile composites market in 2025, valued at USD 2,762.1 million. The United States leads with a 78% share of the regional market, driven by aerospace dominance and renewable energy investments. The Inflation Reduction Act's 2025 tax credits for wind energy projects have accelerated composite blade installations, with GE Vernova commissioning a 1.5 GW wind farm in Texas using Dow's VORAFORCE™ resins
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Europe
Europe accounts for 28% of the market in 2025, with Germany and France as key contributors. The European Green Deal's 2030 targets for carbon neutrality have spurred demand for textile composites in automotive lightweighting, with Volkswagen's ID. Buzz electric van incorporating SABIC's ULTEM™ resin in its battery housing. The region's 2025 textile composites market is valued at USD 2,416.8 million
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Asia-Pacific
The Asia-Pacific region is the fastest-growing market, with a 2025 valuation of USD 2,762.1 million and a projected CAGR of 7.1% through 2035. China dominates the regional market with a 65% share, driven by its wind energy expansion and electric vehicle production. In Q1 2025, Goldwind Science & Technology announced a USD 1.2 billion investment to localize carbon fiber textile production for its 16 MW offshore wind turbines
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Latin America
Latin America's textile composites market is valued at USD 518.2 million in 2025, with Brazil and Mexico as primary contributors. The region's growth is tied to its wind energy potential, with Iberdrola commissioning a 500 MW wind farm in Mexico in Q3 2025, utilizing glass fiber textile blades from its Spanish operations
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Middle East & Africa
The Middle East & Africa holds a 5% share of the global market in 2025, valued at USD 431.6 million. The region's growth is driven by oil & gas infrastructure and desalination projects, where corrosion-resistant textile composites are increasingly specified. Saudi Arabia's NEOM project has incorporated composite piping systems from LyondellBasell, targeting a 25% reduction in maintenance costs
Competitive landscape
Who's competing, and how
The market is Low to Medium concentration. 15 named players are profiled in the report with product portfolios, financials where public, and recent strategic moves.
The textile composites market exhibits moderate fragmentation, with the top five players—BASF, Dow, DuPont, SABIC, and LyondellBasell—accounting for approximately 42% of the 2025 market. Consolidation is accelerating, as evidenced by ExxonMobil Chemical's USD 1.8 billion acquisition of a minority stake in carbon fiber producer Toray Carbon Fibers America in Q4 2025. Strategic partnerships are also reshaping the competitive landscape, with Shell Chemicals and Arkema announcing a joint venture in Q2 2025 to develop bio-based epoxy resins for textile composites.
Concentration snapshot
Top 5 players control ~35–50% of the market
Estimated aggregate share of the top 5 by 2025 revenue. Named breakdown + individual shares in the full report.
Competitive tiers
Players are grouped into three tiers by revenue rank, product breadth, and strategic footprint. Full tier assignment in the report.
Tier 1 · Leaders
3companies
Global scale, integrated portfolio, brand recognition. Setting the pricing benchmark.
Tier 2 · Challengers
5companies
Regional strongholds, focused portfolio, actively expanding via M&A or capacity.
Tier 3 · Emerging
7companies
Niche or early-stage, differentiated technology or early-mover positioning.
Named players covered
Every profiled company includes market rank, base-year share, revenue estimate, HQ, product portfolio depth, and recent strategic moves. Unlock in the sample.
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DuPont de Nemours, Inc
Rank 01Share est. ~16%Revenue $■■■MHQ ■■■ -
Mitsubishi Chemical Group
Rank 02Share ■■.■%Revenue $■■■MHQ ■■■ -
Toray Industries
Rank 03Share ■■.■%Revenue $■■■MHQ ■■■ -
Hexcel Corporation
Rank 04Share ■■.■%Revenue $■■■MHQ ■■■ -
Teijin Limited
Rank 05Share ■■.■%Revenue $■■■MHQ ■■■ -
Solvay Composite Materials
Rank 06Share ■■.■%Revenue $■■■MHQ ■■■ -
SGL Carbon SE
Rank 07Share ■■.■%Revenue $■■■MHQ ■■■ -
Owens Corning
Rank 08Share ■■.■%Revenue $■■■MHQ ■■■
+ 7 more player profiles in the full report.
Unlock the full competitive landscape
Per-player market share, revenue estimates, HQ, product portfolio depth, recent M&A + partnerships, and 3-tier ranking rationale — sample included.
Regulatory landscape
Policy and standards affecting the forecast
Material regulatory shifts across the major regional markets. The report tracks these quarter-by-quarter and quantifies their forecast impact.
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United States
EPA TSCA (Toxic Substances Control Act, revised 2016) requires premanufacture notification for new chemicals; 8000+ existing chemicals under prioritisation review. OSHA HazCom aligned with GHS. Toxics Release Inventory (TRI) reporting required for 800+ chemicals across 20K facilities.
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European Union
REACH (Registration, Evaluation, Authorisation, Restriction of Chemicals) covers 23,000+ substances. CLP Regulation aligns EU with GHS. Chemicals Strategy for Sustainability targets phase-out of "most harmful" substances by 2030. PFAS restriction proposal covers 10,000+ compounds.
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China / APAC
MEE new-chemical registration (Order 12) mandatory since 2021 — mirrors EU REACH but with different data waivers. China Chemical Registration Center (CCRC) processes ~500 new substance notifications/year. Japan's CSCL and Korea's K-REACH add region-specific requirements.
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Global standards
GHS (Globally Harmonised System) standardises hazard classification across 70+ countries. Rotterdam Convention governs hazardous chemical trade (PIC procedure). Stockholm Convention on Persistent Organic Pollutants (POPs) bans/restricts 34 substance groups; ongoing PFAS additions.
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Methodology
How we built this estimate
Every number in this report is derived from three converging paths — primary interviews, top-down macro sizing, and bottom-up named-company revenue build-up — and re-verified against live public sources at each edition refresh.
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Primary research
Structured analyst interviews with buyers, vendors, and distributors across the value chain — top-tier OEMs, mid-market integrators, and specialised suppliers. Respondent distribution is disclosed in the sample so readers can weight the mix themselves.
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Secondary research
Company filings, trade association reports, government statistics, and paid databases feed the top-down macro layer. Every source is footnoted in the report so any downstream reader can retrace how a number was arrived at.
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Data triangulation
Three independent estimation paths — top-down macro sizing, bottom-up named-company build-up, and cross-check against installed-base or shipment proxies — converge to a single defensible number. Divergences greater than 8% trigger a re-review.
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Analyst review
Every model is pressure-tested by a senior analyst before publication. Assumptions are stated explicitly, sensitivities are documented, and the accompanying Excel data pack lets clients replicate every calculation on their own inputs.
Frequently asked questions
Common questions about this report
-
• What is the expected growth rate of the textile composites market over the next 7 years?
The global textile composites market is expected to grow at 6.6% CAGR from 2022 to 2029. It is expected to reach above USD 9.23 billion by 2029 from USD 5.9 billion in 2022. -
• What are the opportunities for growth in emerging markets such as Asia-Pacific, Middle East, and Africa?
Asia Pacific is a significant growth in the textile composites market. Asia-Pacific is experiencing a considerable increase in demand for textile composites, mostly from the aerospace and defense and electrical and electronics industries. After the United States, China now has the biggest defense spending. In 2022, China alone will account for more than one-third of worldwide sales. China's strong penetration of the wind energy industry has helped to counteract the country's overall market downturn. Nevertheless, defense spending in nations such as India and Japan has been steadily increasing in recent years. This expansion is increasing the demand for textile composites in the region. Furthermore, the rising sports sector has helped the usage of textile composites in the Asia-Pacific area. -
• What are the key drivers of growth in textile composites?
Key market players covered by the textile composites market analysis are Owens Corning, Hexcel Corp., Saertex GmbH & Co. KG, BGF Industries Inc., Chomarat Industries, Sigmatex Ltd., Toray Industries, China Jushi Co. Ltd., DowDuPont, Teijin Limited, Composite Fabrics of America and Hyosung Corp. -
• What are the opportunities for growth and expansion in the textile composites market?
Wind turbine blades are essential components of the framework for generating wind power. Textile composites are the preferred material for wind turbine rotor blade manufacture. Fiber-reinforced composites are extensively employed in the building of large-size wind turbines in wind turbine blades. Hence, rising demand for textile composites in the automotive and wind energy industries will drive market growth over the projected period.
The Global Textile Composites Market is projected to reach $15.90 Bn by 2035, up from $8.63 Bn in 2025 — a 6.30% CAGR equating to roughly 1.8× expansion. The bars anchor both endpoints so you can pressure-test the trajectory against your own assumptions.