Hybrid Composites Market
Report ID: SQMIG25A2417
Report ID: SQMIG25A2417
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Report ID:
SQMIG25A2417 |
Region:
Global |
Published Date: March, 2025
Pages:
191
|Tables:
91
|Figures:
75
Hybrid Composites Market size was valued at USD 962.2 Million in 2024 and is poised to grow from USD 1089.21 Million in 2025 to USD 2936.86 Million by 2033, growing at a CAGR of 13.2% during the forecast period (2026–2033).
Growing product demand in end-use industries including automotive & transportation, aerospace & defense, and wind energy is anticipated to drive the market during the forecast period. Hybrid composites are composite materials that are fabricated in combination with two or more types of fibers in the common matrix, which provides a synergistic effect of the properties of the fabrics on the overall properties of composites. Hybrid composites offer enhanced mechanical properties, compared to traditional products, which include high strength, low density, and high impact resistance.
The automobile manufacturers like BMW, Merced’s, Audi, and Volkswagen already used these composites for making exterior and interior parts of automobiles. Development of environmentally friendly automotive and low-velocity impact response of hybrid carbon/glass fiber-reinforced polymer composites, these are some factors which are expected to increase the growth of the hybrid composites market. The water absorption property of these composites decreases the bonding between the fibers and matrix, which leads to reduction in the properties of composites. So, the fiber reinforced composites can be used in areas where we need less interaction of product with water. The help of chemical treatment can reduce this property of fibers.
The demand for hybrid composite from defense and the aerospace sector will generate exceptional demand for the product. During the forecast period, the use of hybrid composites market has increased.
In October 2023, Composites Evolution launched the Bio-based Evopreg EPC300, developed by the sustainable composite. It is a sustainable version of the popular Evopreg EPC300. The product is made from 20% renewable raw material content. It can be supplied with industry-standard carbon, glass, and aramid fabrics. It can also be supplied with Bcomp’s ampliTex flax for sustainable composite. This launch of sustainable products appeals to customers looking for more natural and sustainable products. This could be useful for the customers to meet their environmental targets. Composites Evolution has been developing and making natural composite materials for many years and is experienced in making products with quality and sustainability.
In April 2023, the project collaboration between CG TEC, Cordenka, ElringKlinger, Fiber Engineering, and Technikum Laubholz, DITF developed a new fiber material named CELLUN from fibers made of cellulose. CELLUN is made from renewable biopolymers. CELLUN is a sustainable alternative made when the reinforcement component is merged with non-fusible cellulose fibers and thermoplastic derivatized cellulose fibers incorporated into a matrix to form a hybrid rovin. Further, the focus was on the complete recycling of the CELLUN materials. This project is making the green alternative possible for hybrid composite materials. This project can be made a substitute for the petrochemical-based plastics in the market.
In February 2022, Teijin launched advanced spread-two carbon fiber woven fabric. The product is made with 3K (3,000) carbon fiber filament yarn. This is required for the application for low weight and design flexibility. It can be applied to automotive interiors and sports goods. Teijin was marketing this product to manufacturers of industrial and sports products. The company is continuously developing carbon fiber reinforced plastic (CFRP) with innovative solutions, high performance, reduced weight, and strength.
Market snapshot - 2026-2033
Global Market Size
USD 850.0 million
Largest Segment
Carbon/Glass
Fastest Growth
Aramid/Carbon
Growth Rate
13.2% CAGR
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Global Hybrid Composites Market is segmented by Fiber Type, Resin, End-Use Industry and region. Based on Fiber Type, the market is segmented into Carbon/Glass and Glass/Carbon Hybrid Composites, Aramid (Kevlar)/Carbon Hybrid Composites, HMPP/Carbon Hybrid Composites, UHMWPE/Carbon Hybrid Composites and Other Fiber Hybrid Composites. Based on Resin, the market is segmented into Thermoset Hybrid Composite and Thermoplastic Hybrid Composite. Based on End-Use Industry, the market is segmented into Aerospace & Defense, Wind Energy, Automotive & Transportation, Sporting Goods, Marine and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Analysis by Fiber Type
As per global hybrid composites market outlook, carbon/glass segment is anticipated to dominate the market owing to the increasing demand from the automotive, aerospace, and marine industries. Carbon/glass hybrid composites are lightweight materials that reduce the weight of wind blades and vehicles. This growth is driven by increasing demand from automotive, aerospace, and marine industries, where lightweight materials are crucial for enhancing fuel efficiency, performance, and sustainability. The superior strength-to-weight ratio of carbon/glass hybrid composites makes them a preferred choice in manufacturing wind turbine blades, aircraft components, and automotive parts, contributing to reduced energy consumption and lower emissions.
Aramid/carbon segment is anticipated to grow during the forecast period owing to the increasing penetration of these composites in the hybrid composites industry. Carbon/aramid products offer enhanced stiffness, high strength, high impact resistance, and increased fracture resistance. These composites offer high stiffness, impact resistance, and fracture toughness, making them ideal for applications in ballistic protection, aircraft structures, and high-performance sporting goods. The increasing adoption of lightweight yet durable materials in defense vehicles and protective gear is further fuelling the demand for carbon/aramid composites. The demand for lightweight, impact-resistant materials in defense applications is fueling the growth of aramid/carbon composites. These composites are widely used in body armor, helmets, and military vehicle panels due to their ability to withstand extreme forces while reducing overall weight.
Analysis by End-Use
As per global hybrid composites market forecast, the automotive and transportation segment is anticipated to dominate the market owing to the increasing demand for lightweight, and highly fuel-efficient vehicles. The growing importance of lightweight railway components is also expected to augment the demand for hybrid composites in the transportation industry during the forecast period. Aerospace & defense is one of the fastest-growing sectors in the market. High-performance and highly rigid materials are required in aircraft, rockets, satellites, and missiles. The use of hybrid composites in the automotive industry has enabled good performance and luxury at economical pricing. The better cost and performance properties offered by hybrid composites are expected to drive their demand in the automotive and transportation segment.As per global hybrid composites market analysis, wind energy segment is projected to register a significant CAGR during the forecast period. The primary intent for using these materials in the wind energy sector is to keep the blade weight under control. Composites have made good inroads in the marine sector as well owing to their excellent impact resistance property. They are used to craft racing powerboats with higher performance and enhanced driver safety. Structural elements, such as bow modules, hatch covers, deckhouses are manufactured using these composites. Hybrid composites, particularly carbon/glass fiber composites, are widely used in wind turbine blades due to their high strength-to-weight ratio, durability, and resistance to environmental stressors.
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North America dominated the global hybrid composites market. Government agencies such as the U.S. Department of Energy (DOE) and the National Aeronautics and Space Administration (NASA) play a significant role in promoting the use of advanced composite materials-iron hybrid composites for aerospace and defence, energy, and automotive applications.
Many initiatives targeted the manufacturing sector and improvement in materials performance. The AMO of the DOE focuses on material science innovation that supports energy-efficient manufacturing and has hence fueled demand for high-strength, lightweight composites. In addition, NASA's Glenn Research Center is deeply involved in studying the application of hybrid composites in the fields of spacecraft and aircraft, which is a direct support to the broader application of such high-tech industries.
The demand for hybrid composites in North America is majorly driven by the growth of the aerospace & defense, marine, and automotive industries. The U.S. is one of the major manufacturers of commercial aircraft, cargo jets, large passenger aircraft, and defense aircraft, which is anticipated to drive the market during the forecast period.
Asia Pacific is projected to grow with the largest CAGR of 14.4% during the forecast period owing to the expansion of the manufacturing sector coupled with robust growth in automotive production in the region. The region is also one of the most lucrative destinations for construction, aerospace, and electronics sectors owing to the strong presence of key manufacturers in countries, such as China, India, and Japan.
India is emerging as a high-growth market due to its growing aerospace sector, increasing investments in defense, and expanding EV manufacturing capabilities. Government initiatives such as "Make in India" and investments in renewable energy and smart cities are expected to propel the hybrid composites market forward.
Europe is anticipated to be the second-largest market on account of well-established automotive, aerospace & defense, marine, and wind energy industries. Moreover, key manufacturers of the automotive and aerospace industries in this region are focusing on product improvements and the development of new hybrid composites.
France is witnessing rapid growth in hybrid composite adoption, particularly in the aerospace and defense industries. Airbus and Dassault Aviation are actively incorporating carbon-based composites to enhance aircraft performance and fuel efficiency.
The Middle East and Africa (MEA) region is gradually expanding its hybrid composites market, driven by aerospace, defense, and high-end construction projects. The focus on sustainable infrastructure and energy efficiency is increasing the adoption of carbon-based composites in wind energy and building materials.
The UAE leads the hybrid composites market in the MEA region, fueled by its rapidly expanding aerospace sector, high-tech construction projects, and growing use of advanced materials in defense applications. The government’s commitment to innovation and sustainable development further supports market growth.
Latin America is an emerging hybrid composites market, driven by the expansion of automotive manufacturing, wind energy projects, and construction. Countries in the region are focusing on sustainability and lightweight materials to improve efficiency across industries.
Brazil leads the Latin America region in the market, primarily due to its well-established automotive industry, increasing wind energy installations, and growing investments in infrastructure projects. The country is focusing on enhancing production capacities for hybrid composite materials to meet domestic and export demands.
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Hybrid Composites Market Drivers
Technological Advancements and Innovation in Manufacturing Processes
Increasing Demand from Automotive Sector
Hybrid Composites Market Restraints
High Production Costs and Limited Scalability are Expected to Hamper Market Growth
Heavy Manufacturing and Other Costs
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The global hybrid composites industry is highly competitive, with key players focusing on innovation, sustainability, and expanding their product portfolios to meet growing demand across industries such as aerospace, automotive, wind energy, and construction. Major companies such as Toray Industries, Solvay, Hexcel Corporation, Gurit Holding, and SGL Carbon are at the forefront, investing heavily in R&D to develop advanced composite materials that offer improved strength, lightweight properties, and environmental benefits. Strategic collaborations and partnerships are shaping the market, with companies working alongside OEMs and research institutions to enhance performance and cost-effectiveness.
Top Player’s Company Profiles
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to SkyQuest analysis, the growing adoption of composite materials in the light vehicle sector and compared to traditional composites, better properties exhibited by hybrid composites in comparison to the traditional composites is a major driving factor for the market studied. On the flip side, the processing and manufacturing of hybrid composites often involve complex and labor-intensive techniques, driving up costs and may act as a hindrance to the growth of the market studied. Exploring automation, digitalization, and additive manufacturing techniques for composite production can streamline processes, reduce costs, and improve product consistency. It can provide lucrative opportunities in the global market. Asia-Pacific is expected to witness the highest growth rate during the forecast period owing to the high demand from China. However, high technology cost and high manufacturing cost of hybrid composites will hinder the hybrid composite growth rate. Moisture absorption of these composite fibres is very high, which decreases the bond between matrix and the fibre lower durability. Poor fire resistance and time consuming are some factors projected to hamper the growth of the market.
| Report Metric | Details |
|---|---|
| Market size value in 2024 | USD 962.2 Million |
| Market size value in 2033 | USD 2936.86 Million |
| Growth Rate | 13.2% |
| Base year | 2024 |
| Forecast period | 2026-2033 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Hybrid Composites Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Hybrid Composites Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Hybrid Composites Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Hybrid Composites Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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