Western Europe Automotive Composites Market Report (2021-2031) by Scope, Segmentation, Dynamics, and Competitive Analysis

The Western Europe Automotive Composites Market size is expected to reach US$ 3.93 billion by 2031 from US$ 1.75 billion in 2023. The market is estimated to record a CAGR of 10.7 % from 2024 to 2031. 

Executive Summary and Western Europe Automotive Composites Market Analysis:

In 2023, the region witnessed a 34.6% rise in import value and volume of cars, while improved production and supply chain issues led to a 12.7% increase in export value and a 12.4% increase in export volume. Western European car producers saw a significant increase in production, with Germany leading in volume terms with an 18.7% increase in 2023. Automotive manufacturers are developing more fuel-efficient and environmentally friendly vehicles to meet these standards. Composite materials such as fiberglass, carbon fiber, and natural fiber-based composites are being used to replace traditional materials in vehicle body parts, interiors, and structural components. The automotive industry is also incorporating composites into autonomous and connected vehicles to reduce weight while improving safety and performance. Such factors drive the demand for automotive composites in the region. 

Western Europe Automotive Composites Market Strategic Insights

Get more information on this report Request Free Sample PDF

Western Europe Automotive Composites Market Segmentation Analysis

Key segments that contributed to the derivation of the Western Europe automotive composites market analysis are type and application.

• On the basis of fiber type, the automotive composites market is segmented into glass fiber composites, carbon fiber composites, others. The glass fiber composites segment held the largest share of the market in 2024.
• In terms of resin type, the market is segmented into thermoset and thermoplastics. The thermoplastics segment held the largest share of the market in 2024.
• On the basis of technology, the market is segmented into pultrusion, injection molding, compression molding, others. The injection molding segment held the largest share of the market in 2024.
• In terms of vehicle type, the market is segmented into passenger cars, commercial vehicles, two wheelers and others. The passenger cars segment held the largest share of the market in 2024.
• In terms of application, the market is segmented into structual assembly, powertrain component, interior, exterior. The interior segment held the largest share of the market in 2024.

Western Europe Automotive Composites Market Outlook

Western Europe benefits from a robust supply chain and cost-effective manufacturing, which makes it an attractive region for investment in composite production. Government initiatives supporting the transition to sustainable automotive technologies further boost market growth. However, challenges like high material costs and the need for specialized expertise in composite manufacturing may limit widespread adoption in the short term. Overall, the automotive composites market in the region is poised for steady expansion as automakers continue to prioritize advanced materials for performance and sustainability.

The automotive sector is another key contributor, particularly with the growing shift towards electric vehicles. Countries such as Germany, France, Italy, and the UK are key players in the region, with established automotive industries that are increasingly adopting composite materials to enhance vehicle performance, reduce weight, and meet stringent environmental regulations. As Western Europe leads the transition to EVs, the demand for automotive composites in electric motors is accelerating. According to a European Automobile Manufacturers Association report, the car market in the region experienced a 13.9% growth in 2023 compared to 2022, reaching a volume of 10.5 million units.

Western Europe Automotive Composites Market Country Insights

Based on region, the Western Europe automotive composites market is further segmented into Belgium, Netherlands, Luxembourg, Germany, France, Italy, Spain, Switzerland, Sweden, Austria, United Kingdom, Denmark, Portugal, Norway, and Finland. Germany recorded the largest market share in 2024.

Germany is the among the largest automotive markets in Europe, accounting for 32% of the total cars manufactured in the region in 2023. According to a report by the European Automobile Manufacturers Association, German automobile manufacturers produced more than 3.96 million car units in 2023, and the report also stated that Germany registered 2.84 million new cars in 2023. Germany exports the majority of motor vehicles, vehicle components, and machinery. Thus, the progressive automotive industry favors the growth of the automotive composites market in Germany. Several major automotive manufacturing companies, such as BMW AG, Volkswagen, and Audi, are located in the country. As Germany is a global hub for automobile production, the need for reliable and durable composites is substantial.

Western Europe Automotive Composites Market Report Highlights

Report Attribute	Details
Market size in 2024	US$ 1.75 Billion
Market Size by 2031	US$ 3.93 Billion
Global CAGR (2025 - 2031)	10.7 %
Historical Data	2022-2023
Forecast period	2025-2031
Segments Covered	By Fiber Type Glass Fiber Composites Carbon Fiber Composites By Resin Type Thermoset Thermoplastics By Technology Pultrusion Injection Molding Compression Molding By Vehicle Type Passenger Cars Commercial Vehicles Two Wheelers
Regions and Countries Covered	Western Europe Western Europe

Get more information on this report Request Free Sample PDF

Western Europe Automotive Composites Market Company Profiles

Gurit Holding AG, Hexcel Corp, Mitsubishi Chemical Group Corp, SGL Carbon SE, Solvay SA, Teijin Ltd, DuPont de Nemours In, Toray Industries Inc, Atlas Fibre, and Elaghmore Advisor LLP are among the key players operating in the market. These players adopt strategies such as expansion, product innovation, and mergers and acquisitions to stay competitive in the market and offer innovative products to their consumers.

Western Europe Automotive Composites Market Research Methodology:

The following methodology has been followed for the collection and analysis of data presented in this report:

• Secondary Research

The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:

• Company websites

  , annual reports, financial statements, broker analyses, and investor presentations

• Industry trade journals

  and other relevant publications

• Government documents

  , statistical databases, and market reports

• News articles

  , press releases, and webcasts specific to companies operating in the market

Note:

• Primary Research

The Insight Partners conducts a significant number of primary interviews each year with industry stakeholders and experts to validate and analyze the data and gain valuable insights. These research interviews are designed to:

• Refine findings from secondary research
• Enhance the expertise and market understanding of the analysis team
• Gain insights into market size, trends, growth patterns, competitive dynamics, and future prospects

Primary research is conducted via email interactions and telephone interviews with industry experts across various markets, categories, segments, and sub-segments in different regions. Participants typically include:

• Industry stakeholders

  : Vice Presidents, business development managers, market intelligence managers, and national sales managers

• External experts

  : Valuation specialists, research analysts, and key opinion leaders with industry-specific expertise

Western Europe Automotive Composites Market Country and Regional Insights

Get more information on this report Request Free Sample PDF

Western Europe Automotive Composites Key Sources Referred:

• The European Composites Industry Association
• The European Society for Composite Materials (ESCM)
• European Automobile Manufacturers Association (ACEA)
• European Association of Automotive Suppliers (CLEPA)