Marine Composites companies

  • Report ID: 4434
  • Published Date: Jul 08, 2025
  • Report Format: PDF, PPT

Key Marine Composites Market Players:

    The three main dominant players in the fiercely competitive global marine composites market are manufacturers in the United States, Japan, and Europe. The market leaders, Hexcel and Toray, are growing their global presence through partnerships with ship and yacht builders, mergers, and research and development initiatives. Meanwhile, European players like Gurit and Solvay are investing in lightweight epoxy resins and in recyclable composite technologies. Other manufacturers in regions like India, South Korea, and Australia are also expanding the scope of their niche offerings and marking their regional distribution networks. At the end of the day, sustainability, cost-efficiency, and the optimization of overall performance are the most effective ways to sustain competitive advantage.

    Some of the key players operating in the marine composites market are listed below:

    Company Name

    Country

    Est. Market Share (2024–25)

    Hexcel Corporation

    USA

    9.3%

    Toray Industries, Inc.

    Japan

    8.7%

    Gurit Holding AG

    Switzerland

    7.8%

    SGL Carbon SE

    Germany

    6.9%

    Owens Corning

    USA

    6.4%

    Solvay S.A.

    Belgium

    xx%

    Huntsman Corporation

    USA

    xx%

    Advanced Composite Structures Australia

    Australia

    xx%

    Hyosung Advanced Materials

    South Korea

    xx%

    Reliance Composites Solutions

    India

    xx%

    Scott Bader Company Ltd.

    UK

    xx%

    JEC Composites (Asia-Pacific arm)

    Malaysia

    xx%

    3B Fibreglass (Braj Binani Group)

    Belgium/India

    xx%

    Here are a few areas of focus covered in the competitive landscape of the marine composites market:

    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

The marine composites market size was USD 5.83 billion in 2024.

The global marine composites market size was USD 5.83 billion in 2024 and is likely to reach USD 13.68 billion by the end of 2037, expanding at a CAGR of 6.6% over the forecast period, i.e., 2025-2037.

Hexcel Corporation, Gurit Holding AG, SGL Carbon SE, Owens Corning, Solvay S.A., Huntsman Corporation, and Advanced Composite Structures Australia are some key players in the market.

The fiberglass composites segment is expected to hold a leading share during the forecast period.

North America is projected to offer lucrative prospects with a share of 32.7% during the forecast period.
Inquiry Before Buying Request Free Sample PDF
footer-bottom-logos