Lay-up Composites Market to Reach $72.87 Billion by 2030
The global lay-up composites market is on a strong growth trajectory, projected to expand from USD 47.23 billion in 2025 to USD 72.87 billion by 2030, registering a compound annual growth rate (CAGR) of 9.3% during the forecast period, according to the report “Lay-up Composites Market by Fiber Type, Resin Type, End-use Industry, and Region – Global Forecast to 2030.”
The market is undergoing a significant transformation as traditional lay-up manufacturing methods evolve into technology-driven and environmentally conscious production systems. Increasing integration of Industry 4.0 technologies, including digital twins, real-time monitoring, and predictive analytics, is reshaping composite manufacturing by improving process efficiency, enhancing quality control, reducing lead times, and minimizing material waste and energy consumption.
Lay-up composites continue to play a critical role in producing complex, high-performance components, particularly in applications that require superior strength-to-weight ratios. Advancements in manufacturing accuracy are enabling producers to deliver intricate parts with greater consistency, supporting growing demand across multiple industrial sectors.
Market Dynamics
The market’s growth is primarily supported by the rising demand for lightweight and high-strength materials across industries such as aerospace & defense, automotive & transportation, and wind energy. Manufacturers are increasingly adopting composite materials to improve fuel efficiency, enhance structural performance, and meet stringent environmental regulations.
However, the market faces challenges due to the high labor dependency of traditional hand lay-up processes, which require skilled technicians and make it difficult to ensure uniform quality and repeatability. Despite this, opportunities are emerging through the growing adoption of composites in electric vehicles (EVs), marine vessels, and renewable energy systems, where performance and durability are critical.
Regional Outlook
Asia Pacific accounts for the largest share of the global lay-up composites market, driven by rapid growth in automotive manufacturing across China, India, and Southeast Asia. The region’s expanding electric vehicle ecosystem has further accelerated demand for lightweight composite materials, as manufacturers seek to improve vehicle range and comply with evolving environmental standards. Strong industrialization, infrastructure development, and renewable energy investments continue to reinforce Asia Pacific’s leadership position.
Key Market Players
Major companies operating in the global lay-up composites market include:
- Toray Industries, Inc. (Japan)
- Teijin Limited (Japan)
- Mitsubishi Chemical Holdings Corporation (Japan)
- Owens Corning (USA)
- Hexcel Corporation (USA)
- SGL Group (Germany)
- and other global players
Read full report: marketsandmarkets.com