세계의 자동차용 경량 복합재료 시장 예측(-2032년) : 재료 종류별, 차종별, 기술별, 용도별, 최종사용자별, 지역별 분석

According to Stratistics MRC, the Global Lightweight Composite Materials for Vehicles Market is accounted for $78.9 billion in 2025 and is expected to reach $118.0 billion by 2032 growing at a CAGR of 5.9% during the forecast period. Lightweight Composite Materials for Vehicles are engineered substances made by combining two or more distinct materials to achieve high strength with reduced weight. These materials are used in vehicle construction to improve fuel efficiency, handling, and performance. Common examples include carbon fiber-reinforced plastics and glass fiber composites. They offer durability, resistance to corrosion, and flexibility in design. By replacing heavier metals, these composites help reduce overall vehicle mass while maintaining structural integrity and safety standards.

According to the U.S. Department of Energy, using carbon fiber composites can reduce vehicle component weight by up to 50%, significantly improving the range of electric vehicles per charge.

Market Dynamics:

Driver:

Fuel efficiency and emission reduction

The Lightweight Composite Materials for Vehicles market is being propelled by the growing emphasis on fuel efficiency and stringent emission reduction mandates. Governments worldwide are enforcing carbon neutrality targets, pushing automakers to replace heavy metals with lightweight composites. These materials significantly improve vehicle aerodynamics and fuel economy while reducing overall carbon footprints. Additionally, consumer preference for eco-friendly vehicles is accelerating composite adoption. Consequently, the industry is witnessing widespread integration of advanced polymer and carbon-based composites.

Restraint:

High production cost

High production costs associated with lightweight composite materials continue to restrain market scalability. The complex fabrication processes and high energy requirements for producing carbon and glass fiber composites inflate manufacturing expenses. Moreover, limited availability of skilled labor and advanced molding equipment adds to cost challenges. These factors make composites less competitive than traditional metals in mass-market vehicles. However, ongoing R&D and process automation are gradually expected to lower production costs over time.

Opportunity:

Growth in EV applications

Expanding electric vehicle (EV) production presents immense opportunities for lightweight composite manufacturers. Spurred by global electrification trends, automakers are adopting composites to offset heavy battery weights and extend driving range. Composites enhance crash resistance and thermal stability, aligning with EV design requirements. Moreover, government-backed incentives for EV manufacturing amplify material demand. The integration of these advanced materials in battery enclosures, body panels, and chassis structures will significantly accelerate market penetration.

Threat:

Competition from metal alloys

The rising use of high-strength aluminum and magnesium alloys poses a notable threat to lightweight composites. Metal alloys offer a cost-effective balance of strength, durability, and recyclability, attracting OEMs focused on affordability. Additionally, metals are easier to repair and process within existing manufacturing lines. This substitution risk may limit composite usage in lower-cost vehicle segments. To counter this, composite manufacturers are emphasizing recyclability and improved performance-to-cost ratios.

Covid-19 Impact:

The COVID-19 pandemic disrupted raw material supply chains and delayed automotive production schedules, affecting the lightweight composites market. However, post-pandemic recovery revived demand as automakers realigned strategies toward sustainability and efficiency. Stimulus packages supporting green mobility further accelerated investment in lightweight materials. Additionally, manufacturers adopted digital design tools and remote R&D to ensure operational continuity. Thus, despite temporary setbacks, the pandemic ultimately reinforced the long-term momentum toward lightweight vehicle technologies.

The carbon fiber composites segment is expected to be the largest during the forecast period

The carbon fiber composites segment is expected to account for the largest market share during the forecast period, owing to its superior strength-to-weight ratio and durability. Automakers prefer carbon composites for structural and aesthetic components that enhance vehicle performance. Increasing demand for premium and sports vehicles further boosts adoption. Additionally, technological advancements in carbon fiber recycling reduce costs and environmental impact. These advantages collectively establish carbon fiber composites as the dominant segment in the market.

The electric vehicles segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the electric vehicles segment is predicted to witness the highest growth rate, reinforced by rapid electrification trends and global sustainability mandates. Lightweight composites play a pivotal role in improving EV efficiency and extending driving range. Automakers are increasingly incorporating composites into battery casings, body structures, and interior components. Rising EV adoption and government subsidies further enhance market prospects. This segment's expansion underscores composites' critical role in the evolving mobility landscape.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share, ascribed to robust automotive production hubs in China, Japan, and South Korea. The region's aggressive push toward EV manufacturing and material innovation supports composite integration. Expanding government initiatives for emission control and lightweight design further bolster adoption. Moreover, cost-effective labor and raw material access enhance production efficiency. Consequently, Asia Pacific remains the central manufacturing base for composite vehicle materials.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR associated with growing EV investments, sustainability mandates, and automotive innovation. The U.S. and Canada are witnessing an upsurge in composite adoption driven by strong OEM partnerships and R&D activities. Federal incentives for cleaner mobility and infrastructure upgrades are further supporting market growth. Additionally, increased use of composites in high-performance and luxury vehicles strengthens the region's growth trajectory.

Key players in the market

Some of the key players in Lightweight Composite Materials for Vehicles Market include BASF SE, LyondellBasell Industries, Novelis Inc., POSCO, ArcelorMittal, Toray Industries, Inc., Alcoa Corporation, Solvay S.A., Owens Corning, Evonik Industries AG, Stratasys Ltd., Tata Steel Limited, Hexcel Corporation, PKC Group, Teijin Limited, Covestro AG, and SGL Carbon SE.

Key Developments:

In October 2025, BASF SE expanded its Ultramid(R) Advanced polyamides portfolio for automotive lightweighting, offering improved thermal resistance and mechanical strength. The materials target electric vehicle battery enclosures and structural parts.

In October 2025, Alcoa Corporation reported increased aluminum production for automotive applications, including lightweight body panels. The company also invested in low-carbon smelting technologies to support sustainable mobility.

In August 2025, Evonik Industries AG launched ROHACELL(R) RIMA, a new structural foam for EV battery enclosures and crash zones. The material offers high energy absorption and lightweight performance.

Material Types Covered:

• Carbon Fiber Composites
• Glass Fiber Composites
• Natural Fiber Composites
• Metal Matrix Composites
• Polymer Matrix Composites

Vehicle Types Covered:

• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles
• Electric Vehicles

Technologies Covered:

• Compression Molding
• Injection Molding
• Resin Transfer Molding
• Filament Winding

Applications Covered:

• Body Panels
• Chassis & Frames
• Powertrain Components
• Interior Components

End Users Covered:

• Automotive OEMs
• Aftermarket Manufacturers
• Defense & Specialty Vehicle Builders

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Technology Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Lightweight Composite Materials for Vehicles Market, By Material Type

• 5.1 Introduction
• 5.2 Carbon Fiber Composites
• 5.3 Glass Fiber Composites
• 5.4 Natural Fiber Composites
• 5.5 Metal Matrix Composites
• 5.6 Polymer Matrix Composites

6 Global Lightweight Composite Materials for Vehicles Market, By Vehicle Type

• 6.1 Introduction
• 6.2 Passenger Cars
• 6.3 Light Commercial Vehicles
• 6.4 Heavy Commercial Vehicles
• 6.5 Electric Vehicles

7 Global Lightweight Composite Materials for Vehicles Market, By Technology

• 7.1 Introduction
• 7.2 Compression Molding
• 7.3 Injection Molding
• 7.4 Resin Transfer Molding
• 7.5 Filament Winding

8 Global Lightweight Composite Materials for Vehicles Market, By Application

• 8.1 Introduction
• 8.2 Body Panels
• 8.3 Chassis & Frames
• 8.4 Powertrain Components
• 8.5 Interior Components

9 Global Lightweight Composite Materials for Vehicles Market, By End User

• 9.1 Introduction
• 9.2 Automotive OEMs
• 9.3 Aftermarket Manufacturers
• 9.4 Defense & Specialty Vehicle Builders

10 Global Lightweight Composite Materials for Vehicles Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 BASF SE
• 12.2 LyondellBasell Industries
• 12.3 Novelis Inc.
• 12.4 POSCO
• 12.5 ArcelorMittal
• 12.6 Toray Industries, Inc.
• 12.7 Alcoa Corporation
• 12.8 Solvay S.A.
• 12.9 Owens Corning
• 12.10 Evonik Industries AG
• 12.11 Stratasys Ltd.
• 12.12 Tata Steel Limited
• 12.13 Hexcel Corporation
• 12.14 PKC Group
• 12.15 Teijin Limited
• 12.16 Covestro AG
• 12.17 SGL Carbon SE