Key Insights
The China automotive composites market, valued at $8.89 billion in 2025, is projected to experience robust growth, driven by the country's burgeoning automotive industry and increasing demand for lightweight, fuel-efficient vehicles. A compound annual growth rate (CAGR) of 9.50% from 2025 to 2033 signifies significant expansion, fueled by several key factors. The rising adoption of electric vehicles (EVs) and hybrid electric vehicles (HEVs) is a major catalyst, as composites offer advantages in weight reduction, improving battery range and overall vehicle performance. Furthermore, stringent government regulations aimed at improving fuel efficiency and reducing carbon emissions are compelling automakers to integrate lightweight composite materials into their designs. Technological advancements in composite manufacturing processes, such as resin transfer molding and vacuum infusion processing, are further enhancing the cost-effectiveness and scalability of composite components. The market segmentation reveals a strong preference for thermoset polymers and carbon fiber, owing to their high strength-to-weight ratios and durability. Passenger cars currently dominate the application segment, but growth in commercial vehicles is anticipated as the industry adopts composite solutions for improved payload and fuel economy. Key players like Teijin Limited, Toray Industries Inc., and BASF SE are strategically investing in R&D and expanding their production capacities to meet the rising demand. However, high initial investment costs associated with composite manufacturing and potential supply chain disruptions could pose challenges to market growth.
Despite these challenges, the long-term outlook for the China automotive composites market remains positive. The continuous expansion of the Chinese automotive sector, coupled with supportive government policies promoting sustainable transportation, is expected to drive substantial growth. Increased investments in research and development, leading to innovations in composite materials and manufacturing processes, will further contribute to market expansion. The diversification of applications across various vehicle components, including structural assemblies, powertrain components, and interiors/exteriors, will also contribute significantly to overall market growth. The dominance of China in global automotive production will ensure this market remains a focal point for significant investments and technological advancement in the coming years. Competition among established players and emerging new entrants is intensifying, prompting innovation and pushing down production costs.

China Automotive Composites Market: A Comprehensive Report (2019-2033)
This comprehensive report provides an in-depth analysis of the China Automotive Composites Market, offering valuable insights for stakeholders seeking to understand the market's dynamics, trends, and future prospects. The study period covers 2019-2033, with 2025 as the base and estimated year. The report segments the market by propulsion type, process type, material type, application, and vehicle type, providing granular data and forecasts for each segment. The market is projected to reach xx Million by 2033, exhibiting a CAGR of xx% during the forecast period (2025-2033).
China Automotive Composites Market Market Structure & Competitive Dynamics
The China automotive composites market exhibits a moderately concentrated structure, with several key players holding significant market share. The market is characterized by intense competition, driven by technological advancements, evolving consumer preferences, and stringent environmental regulations. Innovation ecosystems are vibrant, with collaborations between material suppliers, automotive manufacturers, and research institutions fostering the development of advanced composite materials and manufacturing processes. Regulatory frameworks, including emission standards and safety regulations, play a crucial role in shaping market growth. Product substitutes, such as traditional metal components, pose a challenge, but the advantages of composites in terms of lightweighting and design flexibility are driving adoption.
- Market Concentration: The top five players hold an estimated xx% market share in 2025.
- M&A Activities: The past five years have witnessed several mergers and acquisitions, with deal values totaling approximately xx Million. These activities are largely driven by the consolidation of market share and the acquisition of specialized technologies.
- End-User Trends: The increasing demand for fuel-efficient and lightweight vehicles is a major driver of market growth. Consumers' preference for enhanced safety features and improved vehicle aesthetics also influences the demand for composite materials.
- Innovation Ecosystem: Collaborative partnerships between leading material suppliers, automotive OEMs, and research institutions are accelerating the adoption of innovative composite materials and processes.
China Automotive Composites Market Industry Trends & Insights
The China automotive composites market is experiencing robust growth, fueled by several key factors. The increasing demand for lightweight vehicles to improve fuel efficiency and reduce emissions is a significant driver. Technological advancements in composite materials, such as the development of high-strength carbon fiber and advanced manufacturing processes, are enhancing the performance and cost-effectiveness of composite components. Government initiatives promoting the adoption of eco-friendly automotive technologies are further boosting market growth. However, the market faces challenges such as high raw material costs and the need for skilled labor to manufacture complex composite parts. The market is projected to witness a CAGR of xx% during the forecast period, driven by increased adoption of electric and hybrid vehicles. Market penetration of composites in various automotive applications is also increasing gradually, exceeding xx% in 2025 for certain segments.

Dominant Markets & Segments in China Automotive Composites Market
The passenger car segment dominates the China automotive composites market, accounting for approximately xx% of the total market value in 2025. Within the material type segment, thermoset polymers hold the largest share, followed by carbon fiber. The strong growth in electric vehicles (EVs) and hybrid electric vehicles (HEVs) is driving demand for lightweight composite materials in powertrain components and structural assemblies.
Key Drivers for Passenger Car Segment Dominance:
- Growing middle class and rising disposable incomes.
- Increasing urbanization and preference for personal transportation.
- Government policies supporting automotive industry growth.
Dominant Regions: Coastal regions of China, including Guangdong, Jiangsu, and Shanghai, are leading the market due to a high concentration of automotive manufacturing facilities.
Segmental Analysis: The battery electric vehicle (BEV) segment is projected to experience the fastest growth in the coming years.
China Automotive Composites Market Product Innovations
Recent product developments include the introduction of higher-strength carbon fibers, such as Toray Industries' TORAYCA T1200, and novel resin systems designed to improve the performance and reduce the cost of composite components. These innovations are enhancing the lightweighting potential of automotive composites, enabling manufacturers to meet increasingly stringent fuel efficiency and emission standards. Furthermore, advancements in manufacturing processes are improving the efficiency and scalability of composite part production.
Report Segmentation & Scope
This report segments the China automotive composites market by:
- By Propulsion: Internal Combustion Engine, Battery Electric Vehicles (BEVs), Hybrid Electric Vehicles (HEVs), Plug-in Hybrid Electric Vehicles (PHEVs), Fuel Cell Electric Vehicles (FCEVs). The BEV segment is expected to show the fastest growth.
- By Process Type: Hand Layup, Resin Transfer Molding (RTM), Vacuum Infusion Processing (VIP), Injection Molding, Compression Molding. RTM and VIP are gaining traction due to their efficiency.
- By Material Type: Thermoset Polymer, Thermoplastic Polymer, Carbon Fiber, Glass Fiber, Others. Carbon fiber is experiencing increased adoption for high-performance applications.
- By Application: Structural Assembly, Powertrain Component, Interior, Exterior, Others. Structural applications are a major driver of market growth.
- By Vehicle Type: Passenger Car, Commercial Vehicles. Passenger cars represent the largest market segment.
Each segment’s growth projections, market sizes, and competitive dynamics are analyzed in detail within the report.
Key Drivers of China Automotive Composites Market Growth
Several key factors are driving the growth of the China automotive composites market. These include the increasing demand for lightweight vehicles, stringent government regulations on fuel efficiency and emissions, continuous technological advancements in composite materials and manufacturing processes, and the rising adoption of electric and hybrid vehicles. Government incentives and supportive policies also play a crucial role in stimulating market expansion.
Challenges in the China Automotive Composites Market Sector
Despite the significant growth potential, the China automotive composites market faces challenges such as high raw material costs, particularly for advanced materials like carbon fiber, the complexity and high capital investment required for composite manufacturing, potential supply chain disruptions, and the need for skilled labor to handle these specialized materials and manufacturing processes.
Leading Players in the China Automotive Composites Market Market
- Teijin Limited
- Mitsubishi Chemical Corporation
- Toray Industries Inc
- Jiuding New Material Co Ltd
- BASF SE
- ALPEX Technologies Gmb
- SGL Group SE
- Hexcel Corporation
- Nippon Sheet Glass Co Ltd
Key Developments in China Automotive Composites Market Sector
- October 2023: Toray Industries, Inc. developed TORAYCA T1200 carbon fiber, significantly increasing strength and potentially reducing environmental impact.
- October 2023: Mitsubishi Chemical Group and Honda Motor Company jointly developed a new polymethyl methacrylate (acrylic resin) material for automotive body parts, enhancing design flexibility and potentially reducing weight.
Strategic China Automotive Composites Market Market Outlook
The China automotive composites market presents significant growth opportunities for companies that can leverage technological advancements, build robust supply chains, and adapt to evolving market needs. The increasing demand for lightweight, high-performance vehicles, coupled with supportive government policies, is expected to fuel strong growth in the coming years. Strategic partnerships and investments in research and development will be crucial for success in this dynamic market.
China Automotive Composites Market Segmentation
-
1. Vehicle Type
- 1.1. Passenger Car
- 1.2. Commercial Vehicles
-
2. Propulsion
- 2.1. Internal Combustion Engine
- 2.2. Battery Electric Vehicles
- 2.3. Hybrid Electric Vehicles
- 2.4. Plug-in Hybrid Electric Vehicles
- 2.5. Fuel Cell Electric Vehicles
-
3. Process Type
- 3.1. Hand Layup
- 3.2. Resin Transfer Molding
- 3.3. Vacuum Infusion Processing
- 3.4. Injection Molding
- 3.5. Compression Molding
-
4. Material Type
- 4.1. Thermoset Polymer
- 4.2. Thermoplastic Polymer
- 4.3. Carbon Fiber
- 4.4. Glass Fiber
- 4.5. Others
-
5. Application
- 5.1. Structural Assembly
- 5.2. Power train Component
- 5.3. Interior
- 5.4. Exterior
- 5.5. Others
China Automotive Composites Market Segmentation By Geography
- 1. China

China Automotive Composites Market REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 9.50% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Growing Demand for Lightweight Materials
- 3.3. Market Restrains
- 3.3.1. High Expenses of Composite Processing and Manufacturing
- 3.4. Market Trends
- 3.4.1. Passenger Car Hold Major Growth
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. China Automotive Composites Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 5.1.1. Passenger Car
- 5.1.2. Commercial Vehicles
- 5.2. Market Analysis, Insights and Forecast - by Propulsion
- 5.2.1. Internal Combustion Engine
- 5.2.2. Battery Electric Vehicles
- 5.2.3. Hybrid Electric Vehicles
- 5.2.4. Plug-in Hybrid Electric Vehicles
- 5.2.5. Fuel Cell Electric Vehicles
- 5.3. Market Analysis, Insights and Forecast - by Process Type
- 5.3.1. Hand Layup
- 5.3.2. Resin Transfer Molding
- 5.3.3. Vacuum Infusion Processing
- 5.3.4. Injection Molding
- 5.3.5. Compression Molding
- 5.4. Market Analysis, Insights and Forecast - by Material Type
- 5.4.1. Thermoset Polymer
- 5.4.2. Thermoplastic Polymer
- 5.4.3. Carbon Fiber
- 5.4.4. Glass Fiber
- 5.4.5. Others
- 5.5. Market Analysis, Insights and Forecast - by Application
- 5.5.1. Structural Assembly
- 5.5.2. Power train Component
- 5.5.3. Interior
- 5.5.4. Exterior
- 5.5.5. Others
- 5.6. Market Analysis, Insights and Forecast - by Region
- 5.6.1. China
- 5.1. Market Analysis, Insights and Forecast - by Vehicle Type
- 6. Competitive Analysis
- 6.1. Market Share Analysis 2024
- 6.2. Company Profiles
- 6.2.1 Teijin Limited
- 6.2.1.1. Overview
- 6.2.1.2. Products
- 6.2.1.3. SWOT Analysis
- 6.2.1.4. Recent Developments
- 6.2.1.5. Financials (Based on Availability)
- 6.2.2 Mitsubishi Chemical Corporation
- 6.2.2.1. Overview
- 6.2.2.2. Products
- 6.2.2.3. SWOT Analysis
- 6.2.2.4. Recent Developments
- 6.2.2.5. Financials (Based on Availability)
- 6.2.3 Toray Industries Inc
- 6.2.3.1. Overview
- 6.2.3.2. Products
- 6.2.3.3. SWOT Analysis
- 6.2.3.4. Recent Developments
- 6.2.3.5. Financials (Based on Availability)
- 6.2.4 Jiuding New Material Co Ltd
- 6.2.4.1. Overview
- 6.2.4.2. Products
- 6.2.4.3. SWOT Analysis
- 6.2.4.4. Recent Developments
- 6.2.4.5. Financials (Based on Availability)
- 6.2.5 BASF SE
- 6.2.5.1. Overview
- 6.2.5.2. Products
- 6.2.5.3. SWOT Analysis
- 6.2.5.4. Recent Developments
- 6.2.5.5. Financials (Based on Availability)
- 6.2.6 ALPEX Technologies Gmb
- 6.2.6.1. Overview
- 6.2.6.2. Products
- 6.2.6.3. SWOT Analysis
- 6.2.6.4. Recent Developments
- 6.2.6.5. Financials (Based on Availability)
- 6.2.7 SGL Group SE
- 6.2.7.1. Overview
- 6.2.7.2. Products
- 6.2.7.3. SWOT Analysis
- 6.2.7.4. Recent Developments
- 6.2.7.5. Financials (Based on Availability)
- 6.2.8 Hexcel Corporation
- 6.2.8.1. Overview
- 6.2.8.2. Products
- 6.2.8.3. SWOT Analysis
- 6.2.8.4. Recent Developments
- 6.2.8.5. Financials (Based on Availability)
- 6.2.9 Nipposn Sheet Glass Co Ltd
- 6.2.9.1. Overview
- 6.2.9.2. Products
- 6.2.9.3. SWOT Analysis
- 6.2.9.4. Recent Developments
- 6.2.9.5. Financials (Based on Availability)
- 6.2.1 Teijin Limited
List of Figures
- Figure 1: China Automotive Composites Market Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: China Automotive Composites Market Share (%) by Company 2024
List of Tables
- Table 1: China Automotive Composites Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: China Automotive Composites Market Revenue Million Forecast, by Vehicle Type 2019 & 2032
- Table 3: China Automotive Composites Market Revenue Million Forecast, by Propulsion 2019 & 2032
- Table 4: China Automotive Composites Market Revenue Million Forecast, by Process Type 2019 & 2032
- Table 5: China Automotive Composites Market Revenue Million Forecast, by Material Type 2019 & 2032
- Table 6: China Automotive Composites Market Revenue Million Forecast, by Application 2019 & 2032
- Table 7: China Automotive Composites Market Revenue Million Forecast, by Region 2019 & 2032
- Table 8: China Automotive Composites Market Revenue Million Forecast, by Country 2019 & 2032
- Table 9: China Automotive Composites Market Revenue Million Forecast, by Vehicle Type 2019 & 2032
- Table 10: China Automotive Composites Market Revenue Million Forecast, by Propulsion 2019 & 2032
- Table 11: China Automotive Composites Market Revenue Million Forecast, by Process Type 2019 & 2032
- Table 12: China Automotive Composites Market Revenue Million Forecast, by Material Type 2019 & 2032
- Table 13: China Automotive Composites Market Revenue Million Forecast, by Application 2019 & 2032
- Table 14: China Automotive Composites Market Revenue Million Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the China Automotive Composites Market?
The projected CAGR is approximately 9.50%.
2. Which companies are prominent players in the China Automotive Composites Market?
Key companies in the market include Teijin Limited, Mitsubishi Chemical Corporation, Toray Industries Inc, Jiuding New Material Co Ltd, BASF SE, ALPEX Technologies Gmb, SGL Group SE, Hexcel Corporation, Nipposn Sheet Glass Co Ltd.
3. What are the main segments of the China Automotive Composites Market?
The market segments include Vehicle Type, Propulsion, Process Type, Material Type, Application.
4. Can you provide details about the market size?
The market size is estimated to be USD 8.89 Million as of 2022.
5. What are some drivers contributing to market growth?
Growing Demand for Lightweight Materials.
6. What are the notable trends driving market growth?
Passenger Car Hold Major Growth.
7. Are there any restraints impacting market growth?
High Expenses of Composite Processing and Manufacturing.
8. Can you provide examples of recent developments in the market?
In October 2023, Toray Industries, Inc. developed TORAYCA T1200 carbon fiber, which boasts the highest strength of 1,160 kilopounds per square inch (Ksi). This advancement will aid us in reducing our environmental footprint by using lighter carbon-fiber-reinforced plastic materials.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "China Automotive Composites Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the China Automotive Composites Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the China Automotive Composites Market?
To stay informed about further developments, trends, and reports in the China Automotive Composites Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence