Top Epoxy Composite Companies

Epoxy Composite Market size was valued at USD 32.72 Billion in 2024 and is poised to grow from USD 35.04 Billion in 2025 to USD 60.66 Billion by 2033, growing at a CAGR of 7.1% during the forecast period (2026–2033).

The development of innovative, cost-effective solutions is being supported by significant investments in development and research by key businesses. Key firms are also enlarging the scope of their applications to investigate growth prospects across numerous end-use sectors. The world's composites market, however, is facing difficulties in expanding and being profitable due to the high costs associated with producing composites. Technology advancements, alliances, and M&A are a few more measures that leading organizations have undertaken. 'Hexcel Corporation (US)', 'SGL Carbon SE (Germany) ', 'Mitsubishi Chemical Corporation (Japan) ', 'Teijin Limited (Japan) ', 'Huntsman Corporation (US) ', 'Owens Corning (US) ', 'Toray Industries, Inc. (Japan) ', 'Axiom Materials (US) ', 'Barrday Inc. (Canada) ', 'Park Aerospace Corp. (US) ', 'Veplas d.d. (Slovenia) ', 'Rotec Composite Group B.V. (Netherlands) ', 'Gurit Holding AG (Switzerland) ', 'Hexion Inc. (US) ', 'Ashland Global Holdings Inc. (US) ', 'Reichhold LLC (US) ', 'Scott Bader Company Ltd. (UK)'

The aerospace and defense industry are a significant driver of the epoxy composite market. Epoxy composites offer high strength-to-weight ratios, excellent durability, and resistance to harsh environments, making them ideal for applications such as aircraft components, radomes, missiles, and defense equipment.

Increasing Demand from the Aerospace and Defense Sector: The aerospace and defense industry are a significant consumer of epoxy composites, driven by the need for lightweight, high-strength materials for aircraft, missiles, and defense equipment. The growing demand for fuel-efficient aircraft and advancements in military technology fuel the adoption of epoxy composites in this sector.

Asia Pacific dominated the business, accounting for more than 36% of market revenue in 2022. Between 2023 and 2030, it is anticipated to grow at the fastest CAGR of over 7% while maintaining its leadership position. This increase is attributable to the region's enormous potential for development as a result of rapidly rising aircraft production and aspirational expansion goals for the capacity of many enterprises in the electric and electronics industries.