Textile Composites Market Size and Share

Textile Composites Market (2026 - 2031)
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Textile Composites Market Analysis by Mordor Intelligence

The Textile Composites Market size is estimated at USD 34.94 billion in 2026, and is expected to reach USD 49.70 billion by 2031, at a CAGR of 7.30% during the forecast period (2026-2031). Robust aircraft backlogs, offshore-wind turbine scale-ups, and policy-driven vehicle lightweighting continue to expand the addressable base for high-performance fabrics while commodity glass reinforcements protect cost-sensitive domains. Carbon fiber maintains pricing power despite USD 30–100 per kilogram tags because automated fiber placement now trims ply counts and labor hours in wide-body wings. Glass fiber retains dominance in marine and industrial tanks thanks to below-USD 3 per kilogram economics, though styrene emission rules in Europe are nudging builders toward epoxies. Aramid commands niche but irreplaceable roles in ballistic shielding and thermal barriers, with DuPont and Kolon preserving dual-source resiliency. Regionally, Asia-Pacific captures more than half of revenue as Chinese producers scale 12,000-ton carbon lines, but North American defense programs and European premium autos sustain pricing discipline.

Key Report Takeaways

  • By fiber type, carbon captured 35.07% of textile composites market share in 2025 while glass led volume but trailed value growth at a 4.6% CAGR to 2031..
  • By end-user industry, aerospace and defense held 46.35% of 2025 revenue whereas industrial pressure-vessel demand is projected to post the fastest 9.8% CAGR through 2031 on hydrogen-tank roll-outs.
  • By geography, Asia-Pacific commanded 54.45% of 2025 sales and is set to expand at 8.34% annually to 2031, outpacing North America’s 5.9% trajectory.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Segment Analysis

By Fiber Type: Carbon Extends Lead, Glass Guards Cost-Critical Niches

Carbon fiber contributed 35.07% of 2025 revenue and is projected to advance at 9.35% annually to 2031, adding almost 8 percentage points of textile composites market share through expanded aerospace wings and offshore blades. Toray’s 700 GPa T1100G lets designers cut wing-skin ply counts 15% without sacrificing bird-strike resilience, paring recurring material cost by USD 120 000 per twin-aisle jet. Glass fiber still accounts for the bulk tonnage in wind, marine, and tanks because sub-USD 3 per kilogram pricing overwhelms stiffness deficits; however, epoxy shifts prompted by styrene restrictions are eroding its cost moat in boats and recreational vehicles. Aramid holds a considerable value due to unrivaled heat resistance in ballistic and re-entry shields, with a U.S. critical-material designation spurring domestic capacity incentives[2]U.S. Department of Defense, “Critical Materials List 2024,” defense.gov. Natural flax and basalt inch toward the EU interior.

Aerospace shift to carbon standard-modulus variants has concentrated supply risk; Toray, Teijin, and Mitsubishi Chemical provide 65% of aerospace-grade volume, prompting Boeing and Airbus to qualify Chinese producer Weihai Guangwei by 2026 to hedge geopolitical disruption. Glass fiber’s marine demand faces the International Maritime Organization’s looming 2028 styrene cap, likely propelling epoxy substitution and nudging prices upward. Natural-fiber recyclability aligns with EU End-of-Life rules, yet moisture-ingress testing protocols still marginalize their structural ambitions.

Textile Composites Market: Market Share by Fiber Type
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By End-User Industry: Aerospace Dominates, Industrial Hydrogen Tanks Accelerate

Aerospace and defense commanded 46.35% of textile composites revenue in 2025 and will expand at an 8.17% CAGR, maintaining primacy in the textile composites market. The textile composites market size for aerospace alone is projected to reach USD 23 billion by 2031. Wide-body fuselages, stealth bombers, and growing drone fleets secure multi-decade contracts insulated from consumer cycles. Marine yachts exploit corrosion immunity; carbon superstructures on premium yachts sliced topside weight 1,200 kilograms, enhancing roll stability in 3-meter seas.

Sporting goods pay the steepest premiums; a USD 12,000 Specialized SL8 frame uses ultra-high-modulus plies to cut frame mass to 700 grams, showing discretionary buyers will pay USD 1,700 per saved kilogram. Industrial wind blades stay cost-anchored, but impending 120-meter designs require carbon caps, nudging glass out of spar segments by 2027. Collectively, end-user diversification reduces cyclicality; when airliner rates dip, wind and hydrogen projects prop up throughput, smoothing the revenue curve for converters.

Textile Composites Market: Market Share by End-user Industry
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Geography Analysis

Asia-Pacific captured 54.45% of 2025 sales and is forecast to compound at 8.34% to 2031, retaining the largest regional node of the textile composites market. Chinese producers like Jiangsu Hengshen add 12 000-ton lines, positioning the country to supply 40% of aerospace-grade fiber by 2028, albeit amid intellectual-property and export-control frictions. Japan’s incumbents still wield 48% of high-modulus capacity through long-term Boeing and Airbus contracts, but discounted Chinese standard-modulus threatens low-end share. South Korea pivots toward aramid and UHMWPE for defense contracts in Southeast Asia. India’s government-backed incentives subsidize 25% of capex for advanced-material plants, spurring Exel’s pultrusion exports to regional turbine OEMs.

Robust defense budgets and offshore wind blade factories along the Gulf Coast drive north America market growth. Hexcel’s USD 417 million Q3 2024 turnover hinged on F-35 and 787 builds but flagged potential 2025 softness if Boeing cuts rates. TPI’s U.S. blade sites ran at 68% utilization due to permitting delays, yet the Inflation Reduction Act’s domestic content bonuses could revive orders post-2026. Canada’s Montreal cluster battles labor costs as composite technicians earn CAD 45 per hour, prompting shift of low-critical parts to Mexico.

Europe accounts for a considerable market size owing to the established automotive industry. German automakers use selective carbon reinforcements where 3-times material premiums still yield return on range. Airbus’s thermoplastic stringer pivot strains local PEEK resin supply, and failure to scale beyond 500 tons could push program entry into service beyond 2030. Siemens Gamesa blades in Denmark and Spain will migrate to carbon for 120-meter rotor designs, adding EUR 200 million annual fiber demand. South America and the Middle East-Africa are witnessing growing demand for textile composites, with Brazil’s Embraer composite empennages and Saudi Arabia’s NEOM ordering GFRP rebar; yet both hinge on policy follow-through and supply-chain build-out.

Textile Composites Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The textile composites market is moderately consolidated. Fiber precursor remains the strategic choke point, with Toray, Teijin, and Mitsubishi Chemical owning 65% of aerospace-grade capacity and locking OEMs into take-or-pay contracts. The leading players compete on faster out-of-autoclave cure cycles but face Chinese entrants offering room-temperature systems at 60% of Western prices. Vertical integration defines recent moves: Toray bought a U.S. prepreg line to satisfy Buy American mandates, and Owens Corning diversified glass output to India and Mexico to hedge tariff risk. Thermoplastic composites and recycling emerge as white-space arenas. Regulation filters entrants: FAA Part 25 certification spans 18-24 months and favors incumbents with design databases, whereas evolving IIHS and Euro-NCAP tests create room for hybrid composites balancing impact energy and stiffness.

Textile Composites Industry Leaders

  1. TORAY INDUSTRIES, INC.

  2. Owens Corning

  3. Teijin Limited

  4. Hexcel Corporation

  5. Hyosung

  6. *Disclaimer: Major Players sorted in no particular order
Textile Composites Market - Market Concentration
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Recent Industry Developments

  • January 2025: Teijin and Toyota finalized a USD 400 million facility in Motomachi for 500 000 carbon-reinforced thermoplastic battery trays per year, targeting a 60-second injection-molding cycle.
  • December 2024: Hexcel signed a five-year USD 320 million Airbus supply pact covering A350 wing and fuselage prepregs, guaranteeing 35% of Airbus composite spend through 2029.
  • November 2024: SGL Carbon partnered with Schaeffler to co-develop 700-bar hydrogen tanks for Class 8 trucks, promising 40% mass savings versus steel cylinders.

Table of Contents for Textile Composites Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising demand in commercial and military aerospace programs
    • 4.2.2 Light-weighting push in automotive and high-performance EV platforms
    • 4.2.3 Capacity additions in global wind-blade production
    • 4.2.4 Urban air-mobility (eVTOL) structures adoption
    • 4.2.5 3D-woven, fully recyclable preforms gaining OEM validation
  • 4.3 Market Restraints
    • 4.3.1 Brittle failure and low impact resistance versus metals
    • 4.3.2 High material and processing costs for medium-volume applications
    • 4.3.3 Emerging shortage of high-modulus PAN precursor grade carbon fibre
  • 4.4 Value Chain Analysis
  • 4.5 Porter’s Five Forces
    • 4.5.1 Bargaining Power of Suppliers
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Threat of New Entrants
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Degree of Competition

5. Market Size and Growth Forecasts (Value)

  • 5.1 By Fiber Type
    • 5.1.1 Carbon
    • 5.1.2 Glass
    • 5.1.3 Aramid
    • 5.1.4 Others
  • 5.2 By End-user Industry
    • 5.2.1 Aerospace and Defense
    • 5.2.2 Marine
    • 5.2.3 Industrial
    • 5.2.4 Sporting Goods
    • 5.2.5 Others
  • 5.3 By Geography
    • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 Japan
    • 5.3.1.3 India
    • 5.3.1.4 South Korea
    • 5.3.1.5 ASEAN Countries
    • 5.3.1.6 Rest of Asia-Pacific
    • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
    • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 France
    • 5.3.3.4 Italy
    • 5.3.3.5 Spain
    • 5.3.3.6 Russia
    • 5.3.3.7 Rest of Europe
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle-East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle-East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share/Ranking Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
    • 6.4.1 Advanced Textile Composites
    • 6.4.2 Bally Ribbon Mills
    • 6.4.3 BGF Industries
    • 6.4.4 China National Bluestar (Group) Co. Ltd
    • 6.4.5 Composite Fabrics of America
    • 6.4.6 DuPont
    • 6.4.7 Gurit Services AG
    • 6.4.8 Hexcel Corporation
    • 6.4.9 HINDOOSTAN MILLS
    • 6.4.10 HUVIS Corporation
    • 6.4.11 Hyosung
    • 6.4.12 KERMEL
    • 6.4.13 Kolon Industries Inc.
    • 6.4.14 Lectra
    • 6.4.15 Owens Corning
    • 6.4.16 Porcher Industries
    • 6.4.17 S⁠A⁠E⁠R⁠T⁠E⁠X GmbH & Co. KG
    • 6.4.18 SGL Carbon
    • 6.4.19 Teijin Limited
    • 6.4.20 TORAY INDUSTRIES, INC.
    • 6.4.21 Yantai Tayho Advanced Materials Co., Ltd

7. Market Opportunities and Future Outlook

  • 7.1 White-space and Unmet-Need Assessment
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Global Textile Composites Market Report Scope

Textile composites are advanced materials combining textile reinforcements, such as carbon, glass, or aramid fibers, with polymer matrices like epoxy or polyester. Known for their strength, lightweight nature, and durability, they are essential in aerospace, automotive, sports, and construction industries for high-performance applications requiring a superior strength-to-weight ratio.
The textile composites market is segmented by fiber type, end-user industry, and geography. By fiber type, the market is segmented into carbon, glass, aramid, and others. By end-user industry, the market is segmented into aerospace and defense, marine, industrial, sporting goods, and others. The report also covers the market size and forecast for textile composites in 17 countries across major regions. For each segment, the market sizing and forecasts have been done on the basis of value (USD).

By Fiber Type
Carbon
Glass
Aramid
Others
By End-user Industry
Aerospace and Defense
Marine
Industrial
Sporting Goods
Others
By Geography
Asia-PacificChina
Japan
India
South Korea
ASEAN Countries
Rest of Asia-Pacific
North AmericaUnited States
Canada
Mexico
EuropeGermany
United Kingdom
France
Italy
Spain
Russia
Rest of Europe
South AmericaBrazil
Argentina
Rest of South America
Middle-East and AfricaSaudi Arabia
South Africa
Rest of Middle-East and Africa
By Fiber TypeCarbon
Glass
Aramid
Others
By End-user IndustryAerospace and Defense
Marine
Industrial
Sporting Goods
Others
By GeographyAsia-PacificChina
Japan
India
South Korea
ASEAN Countries
Rest of Asia-Pacific
North AmericaUnited States
Canada
Mexico
EuropeGermany
United Kingdom
France
Italy
Spain
Russia
Rest of Europe
South AmericaBrazil
Argentina
Rest of South America
Middle-East and AfricaSaudi Arabia
South Africa
Rest of Middle-East and Africa
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Key Questions Answered in the Report

How large will the textile composites market be in 2031?

It is projected to reach USD 49.70 billion by 2031, up from USD 34.94 billion in 2026 at a 7.30% CAGR.

Which region accounts for the highest share of textile composites sales?

Asia-Pacific held 54.45% of 2025 revenue and is expected to remain the largest regional contributor through 2031.

Which fiber type is expanding fastest inside the textile composites space?

Carbon fiber leads with a 9.35% CAGR to 2031, driven by aerospace wings and offshore wind spar-cap demand.

What is the main restraint limiting automotive uptake of textile composites?

Brittle failure under crash loads and high repair costs continue to curb large-volume adoption in mainstream vehicle platforms.

Who are the key suppliers of aerospace-grade carbon fiber?

Toray, Teijin, and Mitsubishi Chemical jointly provide about 65% of global aerospace-grade capacity, anchoring the upstream supply chain.

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