Global Marine Composites Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Marine Composites market size was valued at US$ 1511 million in 2024 and is forecast to a readjusted size of USD 2049 million by 2031 with a CAGR of 4.5% during review period.

The marine market is the most deeply penetrated of all end markets served by the composites industry. Yachts, sailboats and other boats use lots of marine composites. For decades, composites have been the material of choice for marine manufacturers to build beautiful and innovative boats, ships, pipes and personal watercraft.

In our report, major marine composite products include glass fiber composites, polymer fiber materials and carbon fiber composites. In this industry, major industry participants are engaged in widening their product portfolio and developing superior quality marine composites to attain sustainability and gain market share.

Global Marine Composites key players include Gurit, Owens Corning, Johns Manville, 3A Composites, etc. Global top four manufacturers hold a share over 20%.

USA is the largest market, with a share over 45%, followed by Europe, and APAC, both have a share over 40 percent.

In terms of product, Glass Fiber Reinforced Plastics (GFRPs) is the largest segment, with a share over 80%. And in terms of application, the largest application is Powerboats, followed by Sailboats, Cruise liner, etc.

This report is a detailed and comprehensive analysis for global Marine Composites market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Marine Composites market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2020-2031

Global Marine Composites market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2020-2031

Global Marine Composites market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2020-2031

Global Marine Composites market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/MT), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Marine Composites

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Marine Composites market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Gurit, Owens Corning, Toray, DuPont, Johns Manville, Hexcel Corporation, Cytec Solvay Group, 3A Composites, Future Pipe Industries, SGL Group, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Marine Composites market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Glass Fiber Reinforced Plastics (GFRPs)
Polymer Fiber Reinforced Plastics (PFRPs)
Carbon Fiber Reinforced Plastics (CFRPs)
Others

Market segment by Application
Powerboats
Sailboats
Cruise Liner
Others

Major players covered
Gurit
Owens Corning
Toray
DuPont
Johns Manville
Hexcel Corporation
Cytec Solvay Group
3A Composites
Future Pipe Industries
SGL Group
National Oilwell Varco
Janicki Industries
Marine Plastics
Jiumei Fiber Glass
PE Composites
Pipe Composites
Aeromarine Industries
Teijin
AGC
Mitsubishi Rayon
PPG
TenCate

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Marine Composites product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Marine Composites, with price, sales quantity, revenue, and global market share of Marine Composites from 2020 to 2025.

Chapter 3, the Marine Composites competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Marine Composites breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Marine Composites market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Marine Composites.

Chapter 14 and 15, to describe Marine Composites sales channel, distributors, customers, research findings and conclusion.