Europe Epoxy Composites Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2032

Europe Epoxy Composites Market Size

• The Europe Epoxy Composites Market size was valued at USD 7.51 billion in 2024 and is expected to reach USD 13.56 billion by 2032, at a CAGR of 7.7% during the forecast period
• The rise in the need for material with high mechanical strength, lightweight and resistance against corrosion. Furthermore, the increase in the need from advancing countries is further anticipated to propel the growth of the epoxy composites market.

Europe Epoxy Composites Market Analysis

• Epoxy composites are the type of advance level of composite material that are lighter in weight and oppose corrosion and are also flexible in nature and dent-resistant. It is generally produced from a woven glass fabric and non-woven glass core which are a mixture of epoxy synthetic resin.
• The rise in the application of epoxy composite in the wind energy industry is further estimated to cushion the growth of the epoxy composites market.
• China is expected to dominate the Europe Epoxy Composites Market due to its large manufacturing base, rapid infrastructure development, and leadership in wind energy and automotive production. In 2024, China accounted for approximately 60% of the regional market share, leading regional growth.
• India is the fastest-growing country in the Europe epoxy composites market, projected to grow at a CAGR of 7.1%. This growth is driven by rapid industrialization, infrastructure development, and increasing demand in automotive and construction sectors.
• In 2024, Glass fiber dominates the epoxy composites market accounted for over 55% of the market share globally due to its low cost, excellent mechanical strength, and widespread use in automotive, construction, and marine applications.

Report Scope and Europe Epoxy Composites Market Segmentation  

Europe Epoxy Composites Market Trends

Lightweighting and Sustainability Driving Composite Adoption in Europe

• The Europe region is witnessing increased adoption of epoxy composites across industries due to their lightweight, high-strength, and corrosion-resistant properties.
• A major trend is the lightweighting of vehicles and aircraft to improve fuel efficiency and reduce emissions, especially in automotive and aerospace sectors.
• Infrastructure and construction projects in countries like China and India are increasingly incorporating epoxy composites in bridges, buildings, and pipelines for their long-term durability and cost-effectiveness.
• There is a growing shift toward sustainable and recyclable composite solutions, driven by environmental regulations and green building initiatives across APAC.
• Customization and advanced manufacturing techniques, such as filament winding and resin transfer molding, are enabling tailored composite solutions for high-performance applications.
• Electronics manufacturers are also integrating epoxy composites in circuit boards and structural components due to their excellent thermal and electrical insulation properties. 

For instance,

• The automotive sector in Japan and South Korea is incorporating epoxy composites in battery enclosures and structural parts for EVs to enhance safety and energy efficiency.
• In conclusion, the Europe epoxy composites market is being shaped by trends in lightweighting, sustainability, and advanced manufacturing, positioning the region as a key growth hub for composite innovation.

Europe Epoxy Composites Market Dynamics

Driver

Surging Demand from Lightweighting Initiatives in Transportation

• Automotive, aerospace, and railway sectors in Europe are increasingly using epoxy composites to reduce vehicle weight and improve fuel efficiency.
• These materials offer an excellent strength-to-weight ratio, corrosion resistance, and design flexibility, making them ideal for replacing traditional metals.

For instance,

• Toyota and Hyundai are integrating epoxy composites into EV body panels and underbody components to reduce mass and extend range

• This shift supports regulatory compliance with emission standards and boosts performance, especially in high-growth economies like China, Japan, and India.
• Lightweight composites also enhance passenger safety and structural performance, driving adoption in public transportation and aviation sectors.
• In conclusion, cost-effective lightweighting remains a key driver fueling composite demand across mobility sectors in APAC.

Restraint/Challenge

High Processing Costs and Technical Barriers for SMEs

• Epoxy composites require specialized processing techniques (e.g., autoclaving, resin transfer molding), which increase production costs and energy usage.
• Small and mid-sized enterprises (SMEs) often lack access to the advanced infrastructure and skilled labor required for composite fabrication. 

For instance,

• Local automotive suppliers in Southeast Asia face challenges in scaling epoxy composite production due to high tooling and equipment costs
• Moreover, customization needs for different end-use applications raise development time and cost, limiting widespread standardization.
• Environmental concerns over non-recyclable thermoset epoxies also restrain adoption in countries with strict waste disposal norms.
• In conclusion, the Europe market faces operational and financial barriers that particularly affect SMEs and low-volume manufacturers.

Europe Epoxy Composites Market Scope

The market is segmented on the basis of type, resin type, & end-user.

• By type

On the basis of fiber type, the epoxy composites market is segmented into glass fiber, carbon fiber and others. Glass fiber dominates the epoxy composites market In 2024, it accounted for over 55% of the market share globally due to its low cost, excellent mechanical strength, and widespread use in automotive, construction, and marine applications.

Carbon fiber is the fastest-growing segment, driven by rising demand in aerospace, automotive, and wind energy for lightweight, high-performance materials. It is projected to grow at a CAGR of over 7.5% from 2024 to 2032, especially in developed Europe markets.

• By resin type

On the basis of basis of manufacturing type, the epoxy composites market is segmented into layup process, compression molding process, resin injection molding process, resin transfer molding process, filament winding process and pultrusion process. Layup process dominates due to its cost-effectiveness, simplicity, and versatility in producing large composite structures, especially for aerospace and marine applications. It is widely adopted in both manual and automated forms, making it suitable for low-to-medium volume production.

Resin transfer molding (RTM) is the fastest-growing segment, driven by its ability to produce complex, high-performance parts with consistent quality and minimal waste. It is increasingly favored in automotive and aerospace sectors, projected to grow at a CAGR above 7% through 2032.

• By end user

On the basis of end user, the epoxy composites market is segmented into wind energy, aerospace and defense, sporting goods, automotive and transportation, electrical and electronics, pipe and tank, marine and others. Wind energy is the leading end-use segment, owing to the extensive use of epoxy composites in wind turbine blades for their strength, durability, and lightweight properties. It accounted for the largest share in 2024, especially in China and India.

Automotive and transportation is the fastest-growing segment due to the surge in electric vehicle production and lightweighting trends. Epoxy composites help improve fuel efficiency and safety, pushing the segment to grow at a CAGR of over 8% during 2024–2032.

Europe Epoxy Composites Market Regional Analysis

• Germany is expected to dominate the Europe Epoxy Composites Market due to its large manufacturing base, rapid infrastructure development, and leadership in wind energy and automotive production. In 2024, China accounted for approximately 60% of the regional market share, leading regional growth.
• Germany’s dominance is driven by its massive industrial base, government support for wind and solar energy, and growing demand from automotive, aerospace, and construction sectors. The country leads in epoxy composite usage for wind turbine blades and electric vehicles.
• Strong investment in research and development, low manufacturing costs, and a well-established supply chain make China a key player. Domestic producers and global companies operating in China ensure large-scale production, enabling the country to maintain its 60% market share in the region.

France Epoxy Composites Market Insight

France is the fastest-growing country in the Europe epoxy composites market, projected to grow at a CAGR of 7.1% from 2023 to 2030. This growth is driven by rapid industrialization, infrastructure development, and increasing demand in automotive and construction sectors.

Europe Epoxy Composites Market Share

The Returnable Packaging industry is primarily led by well-established companies, including:

• Huntsman International LLC (U.S.)
• Solvay (Belgium)
• Owens Corning (U.S.)
• Hexcel Corporation (U.S.)
• Rotec Composite Group B.V. (Netherlands)
• ISOSPORT Composite Components GmbH (Austria)
• Scott Bader Company Ltd. (United Kingdom)
• Gurit (Switzerland)
• SGL Carbon (Germany)
• Sumitomo Bakelite Co., Ltd. (Japan)
• IDI Composites International (U.S.)
• Mitsubishi Chemical Holdings Corporation (Japan)
• Toray Industries, Inc. (Japan)
• Teijin Limited (Japan)
• TPI Composites (U.S.)

Latest Developments in Europe Epoxy Composites Market

• In December 2023, Grasim Industries Limited's chemical division commissioned an additional 123,000 tons of advanced materials, including epoxy resins and formulations, at its facility in Vilayat, Gujarat. This expansion aims to meet the growing demand in automotive, construction, and electronics sectors.
• In April 2024, the Indian government allocated approximately $9.05 million (INR 760 million) to support electronic manufacturing and introduced new incentive schemes to stimulate growth in the epoxy composite panels industry. This investment is expected to bolster domestic production and reduce dependency on imports.
• In January 2021, Sika AG acquired Kreps LLC, a leading manufacturer of reinforcing fiber composite systems based in the U.S. This acquisition is expected to strengthen Sika's position in the epoxy composite market and provide a wider range of solutions to its customers.
• In October 2023, Solvay launched SolvaLite, a new grade of epoxy resin designed for superior flame retardancy in battery enclosures. This innovation aims to enhance the safety and performance of electric vehicles and other electronic applications.
• In October 2023, Gurit signed supply agreements for core material kits with two wind turbine OEMs. The first agreement is for a four-year term and covers supply to one customer, while the second agreement is for three years, covering another customer. This move underscores the growing demand for epoxy composites in renewable energy applications.

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