Global Closed Molding Composites Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2032

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Global Closed Molding Composites Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2032

  • Chemical and Materials
  • Dec 2020
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220
  • Author : Varun Juyal

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Global Closed Molding Composites Market

Market Size in USD Billion

CAGR :  % Diagram

Bar chart comparing the Global Closed Molding Composites Market size in 2024 - 69.17 and 2032 - 142.66, highlighting the projected market growth. USD 69.17 Billion USD 142.66 Billion 2024 2032
Diagram Forecast Period
2025 –2032
Diagram Market Size (Base Year)
USD 69.17 Billion
Diagram Market Size (Forecast Year)
USD 142.66 Billion
Diagram CAGR
%
Diagram Major Markets Players
  • Core Molding Technologies
  • STRONGWELL CORPORATION
  • Huntsman International LLC.
  • Gurit
  • Scott Bader Company Ltd.

Global Closed Molding Composites Market, By Application (Transportation, Aerospace & Defense, Wind Energy, Electrical & Electronics, Construction, Others), Manufacturing Process (Vacuum Infusion & Bagging, Compression Molding, Injection Molding, Reusable Bag Molding, Injection Molding, Pultrusion, Resin Transfer Molding, Others), Material Type (Resins, Reinforcements, Additives & Fillers, Core Materials, Surface Finishes), Fiber Type (Glass Fiber Composites, Carbon Fiber Composites, Other Fiber Composites) - Industry Trends and Forecast to 2032

Closed Molding Composites Market

Closed Molding Composites Market Size

  • The Global Closed Molding Composites Market size was valued at USD 69.17 billion in 2024 and is expected to reach USD 142.66 billion by 2032, at a CAGR of 7.6% during the forecast period
  • The market growth is largely driven by the increasing demand for lightweight, high-strength alternatives to traditional metal and thermoset materials across automotive, aerospace, and marine industries, supported by ongoing innovations in resin chemistry and fiber reinforcement technologies
  • Furthermore, growing emphasis on environmentally sustainable manufacturing, combined with the need for improved surface finish, design flexibility, and reduced cycle times, is positioning closed molding composites—such as RTM, vacuum infusion, and compression molding—as the preferred choice for high-volume, precision applications. These factors are accelerating adoption, thereby significantly boosting the industry's global growth trajectory

Closed Molding Composites Market Analysis

  • Closed molding composites, known for their superior strength-to-weight ratio, design flexibility, and low VOC emissions, are increasingly utilized across industries such as automotive, aerospace, marine, and construction due to their ability to produce high-performance, durable, and complex parts with improved surface finish and reduced production waste
  • The growing preference for environmentally sustainable and cost-efficient manufacturing processes is fueling the adoption of closed molding techniques like resin transfer molding (RTM), vacuum infusion, and compression molding, especially for high-volume production of structural and semi-structural components
  • North America dominates the Closed Molding Composites Market with a leading revenue share of 40.7% in 2025, supported by advanced R&D infrastructure, regulatory support for lightweight materials, and rising demand from the automotive and aerospace sectors, particularly in the U.S., where closed molding is critical for EV body panels and aircraft interiors
  • Asia-Pacific is projected to be the fastest-growing region in the Closed Molding Composites Market during the forecast period, driven by rapid industrial expansion, increasing investments in transportation and construction, and the surge in composite component production in China, India, and Southeast Asia
  • The resin transfer molding (RTM) segment is expected to dominate the Closed Molding Composites Market with a market share of 41.6% in 2025, owing to its cost-efficiency, precision, and ability to produce high-strength, lightweight structures for automotive hoods, fenders, wind blades, and marine hulls

Report Scope and Closed Molding Composites Market Segmentation

Attributes

Closed Molding Composites Key Market Insights

Segments Covered

  • By Application: Transportation, Aerospace & Defense, Wind Energy, Electrical & Electronics, Construction, Others
  • By Manufacturing Process: Vacuum Infusion & Bagging, Compression Molding, Injection Molding, Reusable Bag Molding, Injection Molding, Pultrusion, Resin Transfer Molding, Others
  • By Material Type: Resins, Reinforcements, Additives & Fillers, Core Materials, Surface Finishes
  • By Fiber Type: Glass Fiber Composites, Carbon Fiber Composites, Other Fiber Composites

Countries Covered

North America

  • U.S.
  • Canada
  • Mexico

Europe

  • Germany
  • France
  • U.K.
  • Netherlands
  • Switzerland
  • Belgium
  • Russia
  • Italy
  • Spain
  • Turkey
  • Rest of Europe

Asia-Pacific

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Australia
  • Thailand
  • Indonesia
  • Philippines
  • Rest of Asia-Pacific

Middle East and Africa

  • Saudi Arabia
  • U.A.E.
  • South Africa
  • Egypt
  • Israel
  • Rest of Middle East and Africa

South America

  • Brazil
  • Argentina
  • Rest of South America

Key Market Players

  • Hexion Inc. (U.S.)
  • Teijin Limited (Japan)
  • Huntsman Corporation (U.S.)
  • Hexcel Corporation (U.S.)
  • Sika AG (Switzerland)
  • Johns Manville (U.S.)
  • Solvay S.A. (Belgium)
  • AOC, LLC (U.S.)
  • Composites One (U.S.)
  • Scott Bader Company Ltd. (UK)
  • IDI Composites International (U.S.)
  • Aliancys AG (Switzerland)
  • Polynt-Reichhold Group (Italy)
  • Zoltek Corporation (U.S.)
  • Toray Industries, Inc. (Japan)
  • Magnum Venus Products, Inc. (U.S.)
  • Gurit Holding AG (Switzerland)
  • Cristex Composite Materials (UK)
  • Exel Composites Plc (Finland)
  • Strongwell Corporation (U.S.)

Market Opportunities

  • Rising Adoption in Lightweight Electric Vehicle (EV) Components
  • Growing Demand from Wind Energy and Renewable Infrastructure

Value Added Data Infosets

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, pricing analysis, brand share analysis, consumer survey, demography analysis, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework.

Closed Molding Composites Market Trends

Rising Utilization of Closed Molding Composites in High-Precision, Lightweight Automotive and Aerospace Structures

  • A major and accelerating trend in the Global Closed Molding Composites Market is the increasing use of these materials in lightweight, structurally demanding automotive and aerospace components, driven by global regulatory mandates to improve fuel efficiency, reduce carbon emissions, and enhance material sustainability
  • Automotive OEMs are rapidly shifting toward closed molding processes such as Resin Transfer Molding (RTM) and Vacuum Infusion to produce precision components like bumpers, fenders, roof panels, and battery enclosures for electric and hybrid vehicles, aiming to minimize weight while ensuring high structural integrity
  • In aerospace applications, closed molding composites are gaining traction for interior parts, fairings, and secondary structures where dimensional stability, fire resistance, and fatigue performance are critical. The low void content and superior finish quality delivered by these processes make them ideal for safety-critical applications
  • The trend is further supported by OEM and Tier 1 investments in automated and scalable composite manufacturing, with leading players deploying smart RTM cells and closed mold automation systems to meet growing production volumes and tight tolerances required in aerospace and automotive platforms
  • As the market pushes for greener production, bio-based resins and recyclable fiber reinforcements are being integrated into closed molding systems to reduce environmental impact, aligning with circular economy goals and end-of-life vehicle regulations
  • Companies such as Teijin, Huntsman, and Hexcel are expanding their product portfolios with high-flow, low-viscosity resins and preform solutions tailored for closed mold applications, facilitating faster cure times, improved throughput, and consistent product quality
  • This trend is expected to strengthen as lightweight composite integration becomes essential for next-generation electric vehicles, urban air mobility platforms, and modular infrastructure solutions, positioning closed molding composites at the forefront of material innovation across industries

Closed Molding Composites Market Dynamics

Driver

“Surging Demand for Lightweight, High-Strength, and Precision-Engineered Components in End-Use Industries”

  • The growing demand for lightweight, structurally robust, and dimensionally accurate components across industries such as automotive, aerospace, marine, and construction is a major driver of growth in the Closed Molding Composites Market. Closed molding techniques—such as resin transfer molding (RTM), vacuum infusion, and compression molding—offer consistent quality, low void content, and superior surface finishes, making them ideal for high-performance applications
    • For instance, in March 2024, Hexcel Corporation announced a strategic partnership with a leading electric vehicle OEM to supply advanced composite components using high-volume closed molding methods, aimed at reducing vehicle weight and enhancing energy efficiency. This collaboration underscores the increasing role of composite materials in next-generation transportation
  • In the automotive sector, closed molding composites are increasingly adopted for bumpers, body panels, and under-the-hood components due to their lightweight properties and design flexibility, which support fuel efficiency and safety goals. Similarly, the aerospace industry leverages these materials for interior panels, fairings, and structural parts to meet strict weight and performance criteria.
  • In the construction and marine sectors, these composites offer high resistance to corrosion, moisture, and harsh environments, making them suitable for infrastructure panels, bridge components, and boat hulls. Their compatibility with automated processes and reduced waste generation also aligns with sustainability targets and cost-efficiency mandates
  • The continued expansion of these sectors, along with increasing investment in composite material innovation and automation, is expected to drive long-term growth in the global Closed Molding Composites Market

Restraint/Challenge

High Initial Capital Investment and Complex Process Control in Closed Molding Techniques

  • The widespread adoption of closed molding composites is being challenged by the high initial capital investment required for equipment, molds, and tooling. These upfront costs, coupled with the need for specialized facilities and skilled labor, can be a significant barrier for small to mid-sized manufacturers looking to transition from open molding or traditional materials
    • For example, setting up a Resin Transfer Molding (RTM) or compression molding facility involves advanced machinery, controlled environmental conditions, and automation systems to maintain consistent quality—investments that can exceed several million dollars, depending on the scale and complexity of production
  • Furthermore, closed molding processes demand precise control of parameters such as resin flow, curing cycles, pressure, and temperature. Any deviation in these factors can result in defects such as voids, warping, or incomplete wet-out, which compromise structural integrity. The need for trained personnel and strict quality assurance protocols increases operational complexity and cost
  • Industries such as automotive and aerospace, which are highly cost- and performance-sensitive, often find it difficult to balance the benefits of closed molding with its operational constraints, especially in low-to-medium volume production. In addition, the long lead times associated with mold fabrication limit flexibility and responsiveness to design changes or rapid prototyping needs
  • As a result, despite the advantages of closed molding—such as better finish, reduced emissions, and reproducibility—its adoption is restrained by economic and technical challenges. This limits market penetration in cost-sensitive regions and applications, particularly in developing countries where budget constraints and lower technological maturity prevail

Closed Molding Composites Market Scope

The market is segmented on the basis of application, manufacturing process, material type and fiber type.

  • By Application

On the basis of application, the Closed Molding Composites Market is segmented into Transportation, Aerospace & Defense, Wind Energy, Electrical & Electronics, Construction, and Others.

The Transportation segment dominates the market with the largest revenue share of 34.2% in 2025, owing to the increasing use of lightweight composite materials in automotive, rail, and commercial vehicle manufacturing. Closed molding techniques provide superior structural integrity, reduced vehicle weight, and enhanced fuel efficiency, making them ideal for producing vehicle body panels, hoods, and underbody shields. The growing trend toward electric mobility and the need for sustainable materials continue to drive the demand for closed molding composites in this segment

  • By manufacturing process

On the basis of manufacturing process, the Closed Molding Composites Market is segmented into Vacuum Infusion & Bagging, Compression Molding, Injection Molding, Reusable Bag Molding, Pultrusion, Resin Transfer Molding, and Others

The Resin Transfer Molding (RTM) segment held the largest market revenue share in 2025, attributed to its ability to produce high-strength, complex-shaped components with excellent surface finish and dimensional accuracy. RTM is widely adopted across automotive, aerospace, and wind energy applications due to its suitability for both high- and low-volume production, low void content, and the potential for automation. This method significantly reduces labor costs while enhancing quality, making it the preferred choice for structural composite manufacturing

  • By material type

On the basis of material type, the Closed Molding Composites Market is segmented into Resins, Reinforcements, Additives & Fillers, Core Materials, and Surface Finishes

The Resins segment held the largest market revenue share in 2025, primarily due to their critical role as binding agents that determine the structural integrity, durability, and thermal resistance of composite materials. Epoxy, polyester, and vinyl ester resins are commonly used in automotive, aerospace, and construction applications, offering superior mechanical properties and resistance to environmental degradation. Advancements in low-VOC and bio-based resin technologies further support market growth, especially amid rising regulatory and sustainability demands

  • By fiber type

On the basis of fiber type, the Closed Molding Composites Market is segmented into Glass Fiber Composites, Carbon Fiber Composites, and Other Fiber Composites.

The Glass Fiber Composites segment held the largest market revenue share in 2025, attributed to their cost-effectiveness, excellent mechanical strength, and widespread applicability across sectors such as automotive, construction, and wind energy. These composites offer high corrosion resistance, good dimensional stability, and ease of molding, making them a popular choice for large-scale structural applications. As industries increasingly focus on lightweight materials to improve energy efficiency and lower emissions, glass fiber remains a foundational reinforcement material in closed molding processes

Closed Molding Composites Market Regional Analysis

  • North America dominates the Closed Molding Composites Market with the largest revenue share of 40.01% in 2025, driven by strong adoption in automotive, aerospace, and construction sectors. The region’s advanced composite manufacturing capabilities and focus on lightweight, fuel-efficient materials support sustained demand across multiple end-use industries
  • The presence of major OEMs, continuous investments in R&D, and growing preference for sustainable and high-strength materials further enhance market expansion. Regulatory support for energy-efficient vehicles and infrastructure upgrades is also a major contributing factor

U.S. Closed Molding Composites Market Insight

The U.S. Closed Molding Composites Market captured the largest revenue share of 81% within North America in 2025, attributed to its leadership in automotive innovation, aerospace engineering, and wind energy installations. The use of closed molding techniques in vehicle components, aircraft parts, and renewable energy structures continues to gain momentum due to cost-efficiency and superior mechanical properties  

Europe Closed Molding Composites Market Insight

The European Closed Molding Composites Market is expected to register a strong CAGR throughout the forecast period, supported by stringent EU environmental regulations, widespread renewable energy adoption, and increased investment in lightweight composite materials for sustainable transportation and green building.

The adoption of closed molding composites in wind turbine blades, rail components, and façade panels is accelerating as Europe focuses on energy security and reducing carbon emissions

U.K. Closed Molding Composites Market Insight

The U.K. Closed Molding Composites Market is set to grow at a noteworthy CAGR, driven by the need for modernized infrastructure and lightweight construction materials. Growing use in defense and aerospace applications, alongside architectural paneling and structural retrofitting, reinforces the country’s position in advanced composites  

Germany Closed Molding Composites Market Insight

The German Closed Molding Composites Market is projected to expand at a considerable CAGR, supported by the country’s strong base in automotive engineering, wind energy, and precision manufacturing. German automakers are increasingly integrating composites into EV platforms, while the growing offshore wind sector also presents key opportunities for high-performance composite structures  

Asia-Pacific Closed Molding Composites Market Insight

The Asia-Pacific Closed Molding Composites Market is poised to grow at the fastest CAGR of over 24% in 2025, fueled by rapid industrialization, infrastructure development, and increasing vehicle production across China, India, Japan, and South Korea.

Government support for lightweight, fuel-efficient vehicles and the expansion of aerospace manufacturing in the region are key growth drivers. Rising foreign investments and smart city initiatives further bolster demand for advanced composites in construction and energy  

Japan Closed Molding Composites Market Insight

The Japan Closed Molding Composites Market is gaining pace, supported by innovations in automotive and aerospace sectors, as well as electronics and robotics. Japan’s focus on energy efficiency and product miniaturization encourages the use of composites in lightweight structural and housing components  

China Closed Molding Composites Market Insight

The China Closed Molding Composites Market held the largest revenue share in Asia Pacific in 2025, driven by booming infrastructure projects, the dominance of the local automotive sector, and strong government incentives for green energy. China's leadership in wind energy and urban transit development is creating robust demand for high-volume, durable composite materials used in construction and transportation

Closed Molding Composites Market Share

The smart lock industry is primarily led by well-established companies, including:

  • Hexion Inc. (U.S.)
  • Teijin Limited (Japan)
  • Huntsman Corporation (U.S.)
  • Hexcel Corporation (U.S.)
  • Sika AG (Switzerland)
  • Johns Manville (U.S.)
  • Solvay S.A. (Belgium)
  • AOC, LLC (U.S.)
  • Composites One (U.S.)
  • Scott Bader Company Ltd. (UK)
  • IDI Composites International (U.S.)
  • Aliancys AG (Switzerland)
  • Polynt-Reichhold Group (Italy)
  • Zoltek Corporation (U.S.)
  • Toray Industries, Inc. (Japan)
  • Magnum Venus Products, Inc. (U.S.)
  • Gurit Holding AG (Switzerland)
  • Cristex Composite Materials (UK)
  • Exel Composites Plc (Finland)
  • Strongwell Corporation (U.S.)

Latest Developments in Global Closed Molding Composites Market

  • In April 2024, Röhm GmbH, a prominent player in the global composites industry, announced an expansion of its production capacity at its Worms, Germany facility. This investment aims to meet rising demand for advanced closed molding composite materials, particularly in automotive and construction sectors. The upgrade emphasizes sustainable manufacturing with energy-efficient technologies and enhanced recycling processes
  • In March 2024, Mitsubishi Chemical Group launched a new bio-based closed molding composite resin as part of its “Sustainable Product Series.” The resin offers comparable mechanical strength and durability to conventional composites but is derived from renewable resources, significantly lowering carbon emissions. This product underlines Mitsubishi Chemical’s commitment to eco-friendly innovation
  • In February 2024, Trinseo introduced a novel high-performance composite material optimized for automotive and aerospace applications. The new composite improves impact resistance and weight reduction without compromising structural integrity, aligning with the growing demand for lightweight solutions in electric vehicles and aircraft manufacturing
  • In January 2024, LG Chem entered the composites recycling market through a strategic joint venture with a European recycling firm. The initiative focuses on reclaiming composite waste from post-consumer and industrial sources and converting it into premium-quality feedstock for reuse in construction, automotive, and electronics industries, supporting circular economy objectives
  • In December 2023, Chi Mei Corporation announced plans to expand its closed molding composite production capacity in Southeast Asia, responding to increasing demand in sectors such as automotive, electronics, and infrastructure. The new facility in Vietnam will enhance regional supply chain efficiency and strengthen Chi Mei’s market presence


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Global Closed Molding Composites Market, Supply Chain Analysis and Ecosystem Framework

To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Closed Molding Composites Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Closed Molding Composites Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.

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Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

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Frequently Asked Questions

The Global Closed Molding Composites Market size was valued at USD 69.17 billion in 2024.
The Global Closed Molding Composites Market is to grow at a CAGR of 7.6% during the forecast period of 2025 to 2032.
The Closed Molding Composites Market is segmented into four key categories: application, manufacturing process, material type, and fiber type. Based on application, the market includes Transportation, Aerospace & Defense, Wind Energy, Electrical & Electronics, Construction, and Others. By manufacturing process, it is segmented into Vacuum Infusion & Bagging, Compression Molding, Injection Molding, Reusable Bag Molding, Pultrusion, Resin Transfer Molding, and Others. In terms of material type, the market comprises Resins, Reinforcements, Additives & Fillers, Core Materials, and Surface Finishes. Finally, by fiber type, the market is categorized into Glass Fiber Composites, Carbon Fiber Composites, and Other Fiber Composite.
Companies such as Magnum Venus Products, Inc. (U.S.), Gurit Holding AG (Switzerland), Cristex Composite Materials (UK), Exel Composites Plc (Finland), Strongwell Corporation (U.S.) are major players in Closed Molding Composites Market.
Synthesites – Intelligent Automatic Molding System (2024), Synthesites, in collaboration with SAFRAN Composites and SAFRAN Tech, introduced a fully sensorized intelligent mold designed for resin transfer molding (RTM) applications in the aerospace sector
The countries covered in the Closed Molding Composites Market are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Brazil, Argentina, rest of South America, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, and rest of Middle East and Africa.
A key trend in the Global Closed Molding Composites Market is the growing adoption of lightweight, high-strength composite materials in automotive and aerospace sectors to improve fuel efficiency and reduce emissions
The increasing demand for lightweight, strong, and corrosion-resistant materials across industries like automotive, aerospace, construction, and wind energy is a key driver fueling the growth of the Closed Molding Composites Market
The complexity and high initial investment costs associated with closed molding composite manufacturing processes pose significant challenges to market growth, especially for small- and medium-sized enterprises
The glass fiber composites segment dominates the largest market revenue share of 45.7% in 2025, driven by its extensive use across transportation, construction, and wind energy sectors due to its excellent strength-to-weight ratio, cost-efficiency, and versatile performance characteristic
The Asia-Pacific region is expected to witness the highest growth rate in the Global Closed Molding Composites Market, driven by rapid industrialization, expanding infrastructure development, and increasing demand from key industries such as automotive, aerospace, wind energy, and electronics
The U.S. is expected to dominate the Closed Molding Composites Market, driven by strong demand across automotive, aerospace, and electronics sectors, advanced manufacturing capabilities, and the presence of key industry players
North America dominates the Global Closed Molding Composites Market, fueled by strong demand from the automotive, aerospace, and electronics industries, advanced technological infrastructure, and the presence of major market players
India is expected to witness the highest compound annual growth rate (CAGR) in the Closed Molding Composites Market due to rapid urbanization, expanding infrastructure development, and a growing automotive and electronics manufacturing base

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