Transportation Composites Market Size

Market Size in USD Bn

CAGR12.9%

Study Period	2025-2032
Base Year of Estimation	2024
CAGR	12.9%
Market Concentration	Medium
Major Players	Mitsubishi Chemical Holdings Corporation, Jushi Group, Toray Group, Teijin Ltd, Solvay S.A and Among Others

*Disclaimer: Major players are listed in no particular order.

*Source: Coherent Market Insights

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Transportation Composites Market Analysis

The transportation composites market is estimated to be valued at USD 51.67 Bn in 2025 and is expected to reach USD 120.81 Bn by 2032, growing at a compound annual growth rate (CAGR) of 12.9% from 2025 to 2032. The increase in demand for lightweight and fuel-efficient vehicles across major industries such as automotive, aerospace, and defense is driving the need for advanced transportation composite materials.