Germany Composites Market Size, Share, and COVID-19 Impact Analysis, By Type (Carbon Fibre Composites, Glass Fibre Composites and Others) By Application (Transportation, Aerospace & Defence, Wind Energy, Electricals & Electronics, Construction, Pipes & Tanks, Marine and Others), and Germany Composites Market Insights, Industry Trend, Forecasts to 2035

Germany Composites Market Size Insights Forecasts to 2035

• The Germany Composites Market Size Was Estimated at USD 7139 Million in 2024.
• The Market Size is Expected to Grow at a CAGR of around 6.24% from 2025 to 2035.
• The Germany Composites Market Size is Expected to Reach USD 13890 Million by 2035.

According to a research report published by Spherical Insights & Consulting, the Germany Composites Market is expected to grow from USD 7139 million in 2024 to USD 13890 million by 2035, growing at a CAGR of 6.24% during the forecast period 2025-2035. The market is driven by increasing demand across vaGFrious sectors like automotive, aerospace, construction, and wind energy. Key factors include government initiatives promoting lightweight materials, advancements in composite technologies, and a strong focus on sustainability.

Market Overview

Composite market refers to the German industry focused on the production, distribution and application of overall materials to the German industry. These materials combine two or more specific materials with various physical or chemical properties to create a new material with increased characteristics. The Germany Composite market is experiencing strong growth in various fields, with important opportunities in motor vehicles, aerospace and construction, due to increasing demand for light and high-demonstration materials. The market is inspired by factors such as increasing adoption of electric vehicles, progress in manufacturing technologies and focusing on sustainable materials. The German government supports the composite market through various schemes and initiatives focused on stability, mild and technical progress. These include money for research and development, encouragement for permanent manufacturing practices and support for technology transfer. The overreaching goal is to promote a strong and innovative composite industry that contributes to national and European climate goals.

Report Coverage

This research report categorizes the market for the Germany composites market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Germany composites market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Germany composites market.

Driving Factors

The German composite market is inspired by several factors: the increasing demand for light materials in various industries (automotive, aerospace, construction), focus on stability and environmentally friendly solutions, technological progress in overall materials and manufacturing processes, and initiative to adopt favorable government rules and composites.

Restraining Factors

The Germany Composite market faces several preventive factors. The key among them is high cost associated with raw materials and manufacturing processes, lack of standardization in manufacturing technologies and competition from traditional materials. Additionally, the availability of skilled professionals and challenges associated with repairing overall materials also create obstacles for market development.

Market Segmentation

The Germany composites market share is classified into type and application.

• The glass fiber composites segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Germany composites market is segmented by type into carbon fibre composites, glass fibre composites and others. Among these, the glass fibre composites segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. While carbon fiber composites are gaining traction, especially in high-performance applications, glass fiber composites remain dominant due to their widespread use in various industries like automotive, construction, and wind energy

• The transportation segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Germany composites market is segmented by application into transportation, aerospace & defense, wind energy, electrical & electronics, construction, pipes & tanks, marine and others. Among these, the transportation segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is primarily due to the high demand for lightweight, high-strength materials in the automotive and aerospace industries, driven by the need for fuel efficiency and performance.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Germany composites market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• SGL Carbon
• BASF
• Toray Industries
• Hexcel Corporation
• 3B FiberGlass.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Germany, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Germany composites market based on the below-mentioned segments:

Germany Composites Market, By Type

• Carbon Fiber Composites
• Glass Fiber Composites and Others

Germany Composites Market, By Application

• Transportation
• Aerospace & Defense
• Wind Energy
• Electricals & Electronics
• Construction
• Pipes & Tanks
• Marine
• Others