Hybrid Composites Global Market Report 2026

Hybrid composites refer to materials or structures comprised of two or more different types of reinforcing fibers or materials combined to form a composite material with enhanced or customized properties. They find applications in various fields, including aerospace, construction, household applications, and automotive, due to their superior mechanical properties.

The primary fiber types used in hybrid composites include carbon or glass, aramid or carbon, HMPP (high modulus polyethylene), UHMWPE (ultra-high-molecular-weight polyethylene), and other fiber types. Carbon or glass fibers are lightweight, high-strength synthetic materials composed of thin, strong fibers primarily made of carbon atoms, while glass fibers are a composite material crafted from extremely fine fibers of glass. The various resins involved in hybrid composites are categorized as thermoset and thermoplastic. These composites cater to end-users such as automotive and transportation, aerospace and defense, wind energy, marine, sporting goods, and other sectors.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are impacting the hybrid composites market by increasing costs of imported carbon fibers, aramid fibers, specialty resins, and advanced processing equipment. Automotive and aerospace manufacturers in North America and Europe are most affected due to dependence on imported high-performance materials, while Asia-Pacific faces pricing pressure on composite exports. These tariffs are increasing material costs and project budgets. However, they are also encouraging domestic fiber production, regional composite manufacturing, and innovation in alternative hybrid material formulations.

The hybrid composites market research report is one of a series of new reports from The Business Research Company that provides hybrid composites market statistics, including hybrid composites industry global market size, regional shares, competitors with a hybrid composites market share, detailed hybrid composites market segments, market trends and opportunities, and any further data you may need to thrive in the hybrid composites industry. This hybrid composites market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The hybrid composites market size has grown strongly in recent years. It will grow from $4.1 billion in 2025 to $4.39 billion in 2026 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to increasing use of composite materials in transportation, rising demand for fuel-efficient vehicles, expansion of aerospace manufacturing activity, availability of advanced fiber reinforcement technologies, growing adoption in sporting goods.

The hybrid composites market size is expected to see strong growth in the next few years. It will grow to $5.76 billion in 2030 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to increasing demand for electric vehicle lightweighting, rising investments in advanced material research, expansion of renewable energy applications, growing adoption in marine and infrastructure projects, increasing focus on recyclable composite materials. Major trends in the forecast period include increasing adoption of lightweight composite materials, rising demand for high-strength hybrid fiber composites, growing use in automotive and aerospace applications, expansion of thermoplastic hybrid composites, enhanced focus on material performance optimization.

The expanding automotive industry is anticipated to drive the growth of the hybrid composites market in the coming years. The automotive industry encompasses the collection of companies, organizations, and activities involved in the design, development, manufacturing, marketing, selling, and maintenance of vehicles, mainly automobiles or cars. The industry is experiencing growth as rising consumer demand for personal mobility is pushing vehicle production higher, with more individuals seeking convenient transportation and manufacturers increasing output to meet this demand. Hybrid composites are utilized in electric vehicles to provide numerous benefits, including high strength, corrosion resistance, UV resistance, and more. For example, in March 2025, according to the European Automobile Manufacturers' Association (ACEA), a Belgium-based automobile association, global car sales in 2024 reached 74.6 million units, representing a 2.5% increase compared to 2023. Thus, the growth of the automotive industry is fueling the expansion of the hybrid composites market.

The growth of the aerospace industry is expected to drive the expansion of the hybrid composites market in the coming years. The aerospace industry encompasses both public institutions and private companies involved in the research, development, and production of flight-related products. This sector is experiencing growth due to rising global demand for air travel, prompting airlines and manufacturers to invest in new aircraft and advanced technologies to meet passenger and cargo requirements. Hybrid composites are strategically utilized in the aerospace industry to achieve a balance between lightweight design and structural strength, enhance fuel efficiency, improve overall performance, and ensure long-term durability in aircraft manufacturing. For example, in September 2024, according to the Aerospace Industries Association, a US-based aerospace and defense organization, the U.S. aerospace and defense industry generated over $955 billion in sales in 2023, marking a 7.1 percent increase compared with the previous year. Consequently, the growth of the aerospace industry is supporting the expansion of the hybrid composites market.

In May 2023, Dymag Group Ltd, a UK-based manufacturer of high-performance automotive wheels, formed a partnership with Hankuk Carbon Co., Ltd to accelerate the production of lightweight, high-strength automotive wheels. Through this collaboration, Dymag Group Ltd and Hankuk Carbon Co., Ltd aim to improve wheel performance, decrease vehicle weight, and promote innovation in automotive wheel manufacturing. Hankuk Carbon Co., Ltd is a South Korea-based company specializing in advanced carbon fiber materials for industrial applications.

Major companies operating in the hybrid composites market are General Electric Company, Toray Industries Inc., Solvay S.A., Owens Corning Fiberglass Corporation, Royal DSM N.V., LANXESS Corporation, Teijin Limited, Avient Corporation, Hexcel Corporation, TPI Composites Inc., SGL Group, Porcher Industries, Gurit Holding AG , Johns Manville International Inc., IDI Composites International Inc., Exel Composites Inc., Composites One LLC, CoreLite Inc., PlastiComp Inc., Axiom Materials Inc., Quantum Composites LLC, Renegade Materials Corporation, Composites Evolution Ltd., B&T Composites S.A., Innegra Technologies LLC

Europewas the largest region in the hybrid composites market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hybrid composites market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the hybrid composites market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The hybrid composites market consists of sales of kenaf-aramid, woven jute or glass fabric, polymer-metal hybrid composite and sisal fiber-reinforced polyester composites. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Hybrid Composites Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses hybrid composites market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
• Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, inflation and interest rate fluctuations, and evolving regulatory landscapes.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on end user analysis.
• Benchmark performance against key competitors based on market share, innovation, and brand strength.
• Evaluate the total addressable market (TAM) and market attractiveness scoring to measure market potential.
• Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
• Report will be updated with the latest data and delivered to you within 2-3 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for hybrid composites ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The hybrid composites market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Fiber Type: Carbon Or Glass; Aramid Or Carbon; High Modulus Polypropylene (HMPP); Ultra High Molecular Weight Polyethylene (UHMWPE); Other Fiber Types
• 2) By Resin: Thermoset; Thermoplastic
• 3) By End-User: Automotive And Transportation; Aerospace And Defense; Wind Energy; Marine; Sporting Goods; Other End Users
• Subsegments:
• 1) By Carbon Or Glass: Carbon Fiber Hybrid Composites; Glass Fiber Hybrid Composites
• 2) By Aramid or Carbon: Aramid Fiber Hybrid Composites; Carbon Fiber Hybrid Composites
• 3) By High Modulus Polypropylene (HMPP): HMPP-Glass Fiber Hybrid Composites; HMPP-Carbon Fiber Hybrid Composites
• 4) By Ultra High Molecular Weight Polyethylene (UHMWPE): UHMWPE-Carbon Fiber Hybrid Composites; UHMWPE-Glass Fiber Hybrid Composites
• 5) By Other Fiber Types: Natural Fiber Hybrid Composites; Basalt Fiber Hybrid Composites
• Companies Mentioned: General Electric Company; Toray Industries Inc.; Solvay S.A.; Owens Corning Fiberglass Corporation; Royal DSM N.V.; LANXESS Corporation; Teijin Limited; Avient Corporation; Hexcel Corporation; TPI Composites Inc.; SGL Group; Porcher Industries; Gurit Holding AG ; Johns Manville International Inc.; IDI Composites International Inc.; Exel Composites Inc.; Composites One LLC; CoreLite Inc.; PlastiComp Inc.; Axiom Materials Inc.; Quantum Composites LLC; Renegade Materials Corporation; Composites Evolution Ltd.; B&T Composites S.A.; Innegra Technologies LLC
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery Format: Word, PDF or Interactive Report
• + Excel Dashboard
• Added Benefits
• Bi-Annual Data Update
• Customisation
• Expert Consultant Support

Added Benefits available all on all list-price licence purchases, to be claimed at time of purchase. Customisations within report scope and limited to 20% of content and consultant support time limited to 8 hours.