Global market expands to $14.3B in 2025 behind NEV lightweighting demand

Automotive Composites Market 2025 to 2032: Lightweighting, NEV Demand and the Carbon Fiber Inflection →

What Changed

Driven by New Energy Vehicle growth, the global automotive composites market surged 15.5% year-over-year in 2025 to reach $14.3 billion. OEM adoption is accelerating as manufacturers seek to offset battery weight with lightweight carbon and glass fiber components that reduce vehicle mass by up to 50%. The Asia-Pacific region dominated production and demand, accounting for 51.1% of market revenue.

At a Glance

Severity

Medium

Likelihood

High

Spend Exposed

Add your annual spend to quantify exposure:

Confidence

90%

Recommended Actions 1

Evaluate long-term supplier agreements for structural composite components

Securing multi-year capacity with established composite manufacturers will mitigate cost volatility as NEV assembly rates accelerate globally.

Evidence 1

[Congruence Market Insights