Automotive Composite Market Segmentation by Type, Application, and Vehicle Category The global automotive composite market, valued at USD 21.70 billion in 2024 and projected to expand at a CAGR of 6.5% from 2025 to 2034, is at the center of one of the most critical transformations in mobility manufacturing. Composites, which include carbon fiber-reinforced plastics, glass fiber composites, and hybrid material blends, are enabling automakers to balance lightweight design with...
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