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Report

Composite Resin Market Report and Forecast 2025-2034

Market Report I 2025-07-14 I 162 Pages I EMR Inc.

The global composite resin market size reached nearly USD 24.36 Billion in 2024. The market is projected to grow at a CAGR of 5.90% between 2025 and 2034 to reach a value of around USD 43.22 Billion by 2034.

Key Trends in the Market

Composite resin refers to an organic compound which is solid or semi-solid in nature. These compounds are obtained by condensing or polymerising low-molecular-weight organic substances, and they possess high compressive strength.

- The increasing demand for composite resin in the automotive sector is a crucial trend supporting the market growth. Growing research and development activities by the leading automotive manufacturers to develop lightweight and high-performance cars are further boosting the composite resin market growth.

- Heightening demand for composite resins across the construction sector to build robust structures, bridges, and buildings, is adding to the market growth. In addition to this, rapid urbanisation, coupled with the increasing population in emerging economies, is generating a healthy demand for composite resins.

- Composite resins are extensively used in the dental sector to manufacture dental fillings and implants, among others. In this regard, the rising healthcare expenditure of developed and developing countries and the growing focus on oral health are crucial composite resin market trends.

Market Segmentation

Global Composite Resin Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Breakup by Resin Type

- Thermoset Composite Resin
- Thermoplastic Composite Resin

Breakup by Manufacturing Process

- Layup
- Filament Winding
- Injection Moulding
- Pultrusion
- Compression Moulding
- Resin Transfer Moulding
- Others

Breakup by Application

- Construction and Infrastructure
- Transportation
- Electrical and Electronics
- Pipes and Tanks
- Wind Energy
- Marine
- Aerospace and Defence
- Others

Breakup by Region

- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa

Market Share by Resin Type

Thermoplastic composite resin accounts for a significant portion of the composite resin market share. This can be attributed to the versatility and customisable benefits of these resins. Thermoplastic composite resins are used in an array of applications, including consumer appliances, clothing items, mechanical components, and packaging materials, among others. In addition, these resins are lightweight and offer high impact resistance, making them applicable in various sectors such as construction and automotive.

Market Share by Manufacturing Process

As per the composite resin market analysis, injection moulding is likely to witness a heightened growth in the forecast period. This process offers high efficiency, low wastage, and repeatability, enabling manufacturers to handle extremely complex parts. It also produces little to no-post processing waste while reducing the overall cost and time required in manufacturing composite resins.

In addition, increasing automation in the injection moulding process is reducing the requirement for manual labour, leading to a higher business profitability. This factor is expected to garner the segment's growth in the forecast period.

Competitive Landscape

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global composite resin market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

Huntsman International LLC

Huntsman International LLCis a company which manufactures advanced materials and performance products, such as composite resin and polyurethane, among others. It was founded in 1970 and is headquartered in Utah, the United States.

BASF SE

BASF SEis a multinational company which manufactures and offers high-quality polymer emulsions, binders, and resins, among others. It was founded in 1865 and is headquartered in Ludwigshafen, Germany.

Polynt S.p.A.

Polynt S.p.A.is one of the largest chemical producers. The product portfolio of this company includes resins, esters, and several other types of compounds. The company was established in 1955 and is headquartered in Scanzorosciate, Italy.

Other composite resin market players include Scott Bader Company Ltd, Saudi Basic Industries Corporation, Arkema S.A, Evonik Industries AG, Allnex Group, and Showa America, Inc., among others.

1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Global Composite Resin Market Analysis
5.1 Key Industry Highlights
5.2 Global Composite Resin Historical Market (2018-2024)
5.3 Global Composite Resin Market Forecast (2025-2034)
5.4 Global Composite Resin Market by Resin Type
5.4.1 Thermoset Composite Resin
5.4.1.1 Historical Trend (2018-2024)
5.4.1.2 Forecast Trend (2025-2034)
5.4.2 Thermoplastic Composite Resin
5.4.2.1 Historical Trend (2018-2024)
5.4.2.2 Forecast Trend (2025-2034)
5.5 Global Composite Resin Market by Manufacturing Process
5.5.1 Layup
5.5.1.1 Historical Trend (2018-2024)
5.5.1.2 Forecast Trend (2025-2034)
5.5.2 Filament Winding
5.5.2.1 Historical Trend (2018-2024)
5.5.2.2 Forecast Trend (2025-2034)
5.5.3 Injection Moulding
5.5.3.1 Historical Trend (2018-2024)
5.5.3.2 Forecast Trend (2025-2034)
5.5.4 Pultrusion
5.5.4.1 Historical Trend (2018-2024)
5.5.4.2 Forecast Trend (2025-2034)
5.5.5 Compression Moulding
5.5.5.1 Historical Trend (2018-2024)
5.5.5.2 Forecast Trend (2025-2034)
5.5.6 Resin Transfer Moulding
5.5.6.1 Historical Trend (2018-2024)
5.5.6.2 Forecast Trend (2025-2034)
5.5.7 Others
5.6 Global Composite Resin Market by Application
5.6.1 Construction and Infrastructure
5.6.1.1 Historical Trend (2018-2024)
5.6.1.2 Forecast Trend (2025-2034)
5.6.2 Transportation
5.6.2.1 Historical Trend (2018-2024)
5.6.2.2 Forecast Trend (2025-2034)
5.6.3 Electrical and Electronics
5.6.3.1 Historical Trend (2018-2024)
5.6.3.2 Forecast Trend (2025-2034)
5.6.4 Pipes and Tanks
5.6.4.1 Historical Trend (2018-2024)
5.6.4.2 Forecast Trend (2025-2034)
5.6.5 Wind Energy
5.6.5.1 Historical Trend (2018-2024)
5.6.5.2 Forecast Trend (2025-2034)
5.6.6 Marine
5.6.6.1 Historical Trend (2018-2024)
5.6.6.2 Forecast Trend (2025-2034)
5.6.7 Aerospace and Defence
5.6.7.1 Historical Trend (2018-2024)
5.6.7.2 Forecast Trend (2025-2034)
5.6.8 Others
5.7 Global Composite Resin Market by Region
5.7.1 North America
5.7.1.1 Historical Trend (2018-2024)
5.7.1.2 Forecast Trend (2025-2034)
5.7.2 Europe
5.7.2.1 Historical Trend (2018-2024)
5.7.2.2 Forecast Trend (2025-2034)
5.7.3 Asia Pacific
5.7.3.1 Historical Trend (2018-2024)
5.7.3.2 Forecast Trend (2025-2034)
5.7.4 Latin America
5.7.4.1 Historical Trend (2018-2024)
5.7.4.2 Forecast Trend (2025-2034)
5.7.5 Middle East and Africa
5.7.5.1 Historical Trend (2018-2024)
5.7.5.2 Forecast Trend (2025-2034)
6 North America Composite Resin Market Analysis
6.1 United States of America
6.1.1 Historical Trend (2018-2024)
6.1.2 Forecast Trend (2025-2034)
6.2 Canada
6.2.1 Historical Trend (2018-2024)
6.2.2 Forecast Trend (2025-2034)
7 Europe Composite Resin Market Analysis
7.1 United Kingdom
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Germany
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 France
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Italy
7.4.1 Historical Trend (2018-2024)
7.4.2 Forecast Trend (2025-2034)
7.5 Others
8 Asia Pacific Composite Resin Market Analysis
8.1 China
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Japan
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 India
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 ASEAN
8.4.1 Historical Trend (2018-2024)
8.4.2 Forecast Trend (2025-2034)
8.5 Australia
8.5.1 Historical Trend (2018-2024)
8.5.2 Forecast Trend (2025-2034)
8.6 Others
9 Latin America Composite Resin Market Analysis
9.1 Brazil
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Argentina
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Mexico
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 Others
10 Middle East and Africa Composite Resin Market Analysis
10.1 Saudi Arabia
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 United Arab Emirates
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
10.3 Nigeria
10.3.1 Historical Trend (2018-2024)
10.3.2 Forecast Trend (2025-2034)
10.4 South Africa
10.4.1 Historical Trend (2018-2024)
10.4.2 Forecast Trend (2025-2034)
10.5 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter's Five Forces Analysis
11.2.1 Supplier's Power
11.2.2 Buyer's Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Competitive Landscape
12.1 Supplier Selection
12.2 Key Global Players
12.3 Key Regional Players
12.4 Key Player Strategies
12.5 Company Profiles
12.5.1 Huntsman International LLC
12.5.1.1 Company Overview
12.5.1.2 Product Portfolio
12.5.1.3 Demographic Reach and Achievements
12.5.1.4 Certifications
12.5.2 Scott Bader Company Ltd
12.5.2.1 Company Overview
12.5.2.2 Product Portfolio
12.5.2.3 Demographic Reach and Achievements
12.5.2.4 Certifications
12.5.3 BASF SE
12.5.3.1 Company Overview
12.5.3.2 Product Portfolio
12.5.3.3 Demographic Reach and Achievements
12.5.3.4 Certifications
12.5.4 Polynt S.p.A.
12.5.4.1 Company Overview
12.5.4.2 Product Portfolio
12.5.4.3 Demographic Reach and Achievements
12.5.4.4 Certifications
12.5.5 Saudi Basic Industries Corporation
12.5.5.1 Company Overview
12.5.5.2 Product Portfolio
12.5.5.3 Demographic Reach and Achievements
12.5.5.4 Certifications
12.5.6 Arkema S.A
12.5.6.1 Company Overview
12.5.6.2 Product Portfolio
12.5.6.3 Demographic Reach and Achievements
12.5.6.4 Certifications
12.5.7 Evonik Industries AG
12.5.7.1 Company Overview
12.5.7.2 Product Portfolio
12.5.7.3 Demographic Reach and Achievements
12.5.7.4 Certifications
12.5.8 Allnex Group
12.5.8.1 Company Overview
12.5.8.2 Product Portfolio
12.5.8.3 Demographic Reach and Achievements
12.5.8.4 Certifications
12.5.9 Showa America, Inc.
12.5.9.1 Company Overview
12.5.9.2 Product Portfolio
12.5.9.3 Demographic Reach and Achievements
12.5.9.4 Certifications
12.5.10 Others

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