Market Outlook

Carbon Fibers

Composites end markets: New space (2025)

Composite materials — with their unmatched strength-to-weight ratio, durability in extreme environments and design versatility — are at the heart of innovations in satellites, propulsion systems and lunar exploration vehicles, propelling the space economy toward a $1.8 trillion future.

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Natural Fibers

Composites end markets: Sports and recreation (2025)

The use of composite materials in high-performance sporting goods continues to grow, with new advancements including thermoplastic and sustainability-focused materials and automated processes.

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Market Outlook

Composites end markets: Boatbuilding and marine (2025)

As 2023-2024 consumer demand slows, boat and marine vessel manufacturers continue to focus on decarbonization and new technologies using composites.

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Market Outlook

Your must-have composites industry guide for 2025

Welcome to CW’s annual SourceBook, your guide to suppliers of machinery, materials, software and other services for the composites industry.

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Market Outlook

Composites end markets: Automotive (2024)

Recent trends in automotive composites include new materials and developments for battery electric vehicles, hydrogen fuel cell technologies, and recycled and bio-based materials.

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Wind/Energy

Composites end markets: Batteries and fuel cells (2024)

As the number of battery and fuel cell electric vehicles (EVs) grows, so do the opportunities for composites in battery enclosures and components for fuel cells.

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Composites end markets: Pressure vessels (2024)

The market for pressure vessels used to store zero-emission fuels is rapidly growing, with ongoing developments and commercialization of Type 3, 4 and 5 tanks.  

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Market Outlook

Composites end markets: Industrial (2024)

The use of composites in industrial applications is increasing, driven by the need for higher performance and longer life, whether its parts for industrial machinery, EOAT components, corrosion-resistant equipment and more.

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Construction

Composites end markets: Infrastructure and construction (2024)

Composites are increasingly used in applications like building facades, bridges, utility poles, wastewater treatment pipes, repair solutions and more.

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Wind/Energy

Composites end markets: Energy (2024)

Composites are used widely in oil/gas, wind and other renewable energy applications. Despite market challenges, growth potential and innovation for composites continue.

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