Hybrid Composites Market Growth Drivers and Challenges:
Growth Drivers
- Increasing Demand for Lightweight Materials – Composites and polymers, for example, are a great deal lighter than steel, brass, alloys, iron, etc. By using these materials, manufacturers may reduce the weight of airplane components, which helps to minimize fuel costs. Thus, the increasing demand for lightweight materials in the aerospace and defense industry is accelerating the hybrid composites market growth. For instance, Airbus has delivered over 484 narrow-body commercial aircraft in 2020, compared to Boeing's over 43 deliveries.
- Technological Advancements - Technological advances that reduce the duration of production are expected to have a positive impact on demand for automotive products. 85.4 million motor vehicles were produced globally in 2022, a 5.7% increase from 2021.
- Growing Environmental Concerns - Manufacturers are now using these hybrid composites in place of metal parts due to rising worries about fuel usage and CO2 emission levels. This will drive market expansion as well.
Challenges
- Increasing Prices of Raw Materials – The raw materials needed for the production of hybrid composite are expensive, making consecutive component production expensive. The cycle time, which is closely related to the amount of time needed for filling and curing, has a substantial impact on the production cost of hybrid composite products. These factors may become hindrances for the market of hybrid composites.
- Lack of Skilled Labour Force
- Complicated Manufacturing Techniques
Hybrid Composites Market Size and Forecast:
|
Base Year |
2025 |
|
Forecast Period |
2026-2035 |
|
CAGR |
12.2% |
|
Base Year Market Size (2025) |
USD 1.15 billion |
|
Forecast Year Market Size (2035) |
USD 3.64 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of hybrid composites is estimated at USD 1.28 billion.
The global hybrid composites market size was more than USD 1.15 billion in 2025 and is anticipated to grow at a CAGR of over 12.2%, reaching USD 3.64 billion revenue by 2035.
Asia Pacific hybrid composites market will secure around 34% share by 2035, fueled by the extension of the manufacturing sector and strong growth in automotive production.
Key players in the market include General Electric, DSM N.V., QUANTUMETA, Hexcel Group, Gurit, Exel Composites, Solvay SA, PlastiComp, Inc., SGL group, PolyOne Corporation.
