Valued through its forecast trajectory rather than short-term demand shifts, the Composite Textiles Market is expected to reach US$9.5 billion by 2028. Stratview estimates a 5.9% CAGR during 2023–2028, with 2022 serving as the base year. Composite textiles support the strength and stiffness of composite products and are becoming an inherent part of the textiles industry as their importance increases across major end-use industries. The Composite Textiles Market is expected to grow at a CAGR of 5.9% during 2023–2028.

For companies evaluating Composite Textiles Market size, the market analysis points to a broad structural demand base. Stratview identifies increasing penetration of composite materials, rising demand for lightweight materials, and increased preference for composite textiles in large-sized applications such as boat hulls and wind turbine blades as key demand factors. These forces connect textile requirements directly with expanding composite-material use across multiple end-use markets.

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Market Segmentation Analysis

The Textile Type segmentation consists of Perform, CSM, CFM, Woven Roving, Woven Yarn, and Multi-Axials. Within this structure, woven yarn is expected to remain the largest textile type during the forecast period. Its market position reflects significant use within Electrical & Electronics, primarily for PCB laminates. Stratview also notes accelerating demand for carbon fiber textiles, usually sold as woven yarn, across major markets including aerospace and wind energy.

The Material Type segmentation includes Glass Fiber Textile, Carbon Fiber Textile, and Other Textiles. Carbon fiber textile is forecast to be the fastest-growing material type during 2023–2028. The stated growth logic is increasing demand for carbon composites from aerospace and wind turbine blades. Carbon fiber textiles also offer advantages over glass fiber textiles and metals, with weight reduction identified by Stratview as the most significant benefit.

The End-Use Industry Type segmentation comprises Aerospace & Defense, Marine, Transportation, Building & Construction, Consumer Goods, Electrical & Electronics, Pipes and Tanks, Wind Energy, and Others. Wind Energy is likely to be the biggest demand generator during the forecast period. Its importance is consistent with Stratview’s identification of wind turbine blades among the large-sized applications supporting increased preference for composite textiles.

The Region segmentation is North America [The USA, Canada, and Mexico], Europe [Germany, France, The UK, and Rest of Europe], Asia-Pacific [China, Japan, India, and Rest of Asia-Pacific], and Rest of the World [Brazil, Argentina, and Others]. The regional analysis identifies Asia-Pacific as the largest market and Europe as the fastest-growing regional market during the forecast period.

Regional Market Insights

Asia-Pacific is expected to maintain the largest position in the Composite Textiles Market through 2028. Major composite textile manufacturers operating in the region include China Jushi Co. Ltd., Nan Ya Plastics Corp., Toray Industries, Inc., and Chongqing Polycomp International Corp. Stratview states that China alone represented more than one-third of global sales in 2022, while the country’s high penetration of wind energy partially offset its overall market decline.

Europe is estimated to deliver the fastest regional growth during 2023–2028. Stratview directly associates this outlook with an increased focus on wind energy and strong demand for lightweight parts from the automobile industry. These two demand channels position Europe within the wider market themes of wind-energy applications and lightweight-material requirements, both of which are explicitly identified as contributors to composite textile demand.

Emerging Trends Shaping the Composite Textiles Market

Material mix is becoming a significant element of the industry outlook. Carbon fiber textile is expected to outpace other material categories during the forecast period as carbon-composite demand rises in aerospace and wind turbine blades. Weight reduction is its primary stated advantage over competing materials. At the same time, woven yarn retains leadership among textile types because of its established position in Electrical & Electronics and its use in PCB laminates.

End-use demand is also concentrating around applications where structural reinforcement and lightweight properties matter. Wind Energy is forecast to be the biggest demand generator, while aerospace contributes to growing carbon fiber textile requirements. Large-sized applications such as boat hulls and wind turbine blades are explicitly identified among the applications encouraging greater composite textile preference, reinforcing the connection between end-use requirements and market growth trends.

Key Growth Drivers of the Market

• Broader composite-material penetration: Increasing penetration of composite materials in various end-use markets expands the need for composite textiles used to provide strength and stiffness to composite products.
• Lightweight-material demand: Increasing demand for lightweight materials benefits composite textiles and supports carbon fiber textile adoption, with weight reduction identified as the material’s biggest advantage.
• Large-sized boat-hull applications: Increased preference for composite textiles in boat hulls creates demand from large structural composite applications specifically identified by Stratview.
• Wind turbine blade requirements: Preference for composite textiles in wind turbine blades supports consumption from Wind Energy, which is expected to be the biggest demand generator during the forecast period.
• Carbon composites in aerospace and wind energy: Increasing demand for carbon composites from aerospace and wind turbine blades is driving the fastest-growing Material Type, Carbon Fiber Textile.

Competitive Landscape

Top Companies in the Market

• Owens Corning
• China Jushi Co. Ltd.
• Nan Ya Plastics Corporation
• SAERTEX GmbH & Co. KG
• Toray Industries, Inc.

Composite textiles represent a highly populated competitive landscape with local, regional, and global participants. According to Stratview, major market players compete across factors including price, product offerings, and regional presence. The broader supplier base includes more than 50 global and regional players, while selected participants have developed distinct positions through wide geographical reach, established brand identity, extensive market presence, and continued research and development efforts.

Conclusion and Strategic Outlook

The Composite Textiles Market is positioned for measured expansion through 2028, when Stratview expects it to reach US$9.5 billion. A 5.9% CAGR during 2023–2028 reflects demand supported by wider composite penetration, lightweight-material requirements, and preference for composite textiles in large-sized applications. The market intelligence also identifies clear segment leaders: woven yarn in Textile Type, carbon fiber textile in growth momentum, and Wind Energy in end-use demand generation.

From a strategic perspective, the market forecast is shaped by several connected demand centers rather than a single application. Electrical & Electronics supports woven yarn, aerospace and wind turbine blades support carbon fiber textiles, and wind energy strengthens both end-use and regional demand patterns. Asia-Pacific is expected to retain the largest regional position while Europe records the fastest growth, creating a differentiated industry outlook through the end of the forecast period.

FAQs – Composite Textiles Market

1. How large will the Composite Textiles Market become by 2028?

The Composite Textiles Market is projected to reach US$9.5 billion by 2028. The market forecast covers the 2023–2028 period.

2. What is the forecast CAGR for the Composite Textiles Market?

Stratview estimates that the market will expand at a 5.9% CAGR from 2023 to 2028. This five-year rate defines the stated growth trajectory.

3. Why is demand for composite textiles increasing?

Demand is supported by wider penetration of composite materials, increasing lightweight-material requirements, and preference for composite textiles in large-sized applications. Boat hulls and wind turbine blades are among the specifically identified applications.

4. Where is regional demand strongest?

Asia-Pacific is expected to remain the largest market during the forecast period. Europe is projected to grow fastest due to increased focus on wind energy and strong lightweight-part demand from the automobile industry.

5. What does the Composite Textiles Market outlook indicate for investment planning?

Stratview’s public summary does not specify a standalone investment-risk or challenge forecast. The stated strategic outlook is defined by 5.9% CAGR growth, expanding composite penetration, lightweighting requirements, and demand from applications including wind turbine blades and boat hulls.