Base Year
Historical Year
Forecast Year
The Australia automotive composites market size reached USD 89.27 million in 2024. The market is expected to grow at a CAGR of 5.96% between 2025 and 2034, reaching USD 149.92 million by 2034.
Compression molding enhances the Australia automotive composites market growth by enabling high-volume production that run through a consistent and efficient manufacturing process
Compression molding proves cost-effective for large, straightforward automotive components, boasting lower tooling costs. Ideal for sizable parts such as panels and hoods, this method facilitates efficient, high-volume production with quicker cycle times. Its adaptability to materials like SMC and BMC guarantees both production flexibility and efficiency.
Injection molding specializes in creating intricate, precise shapes for automotive elements like dashboards. It minimises material wastage, yielding high-strength, lightweight components crucial for optimal performance. Automation further enhances production efficiency, while its aptness for rapid prototyping ensures the swift development of intricate geometries.
In November 2023, Henkel and Carbon Revolution, an Australian trailblazer in one-piece carbon composite wheels, entered into a material supply agreement. Henkel's Melbourne facility now hosts exclusive production setups for these lightweight wheels, which offer car manufacturers a 40–50% weight reduction compared to aluminium, aligning with the industry's pursuit of lightweight alternatives.
Australia Automotive Composites Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Resin Type
Market Breakup by Manufacturing Process
Market Breakup by Fiber Type
Market Breakup by Vehicle Type
Market Breakup by Application
Market Breakup by Region
The Australia automotive composites market key players are Exel Composites Plc, Craft Fibreglass Composites Pty Ltd., Mitsubishi Chemical Carbon Fiber and Composites, Inc., and Quickstep among others.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Resin Type |
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| Breakup by Manufacturing Process |
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| Breakup by Fiber Type |
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| Breakup by Vehicle type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market was valued at USD 89.27 million in 2024.
The market is projected to grow at a CAGR of 5.96% between 2025 and 2034.
The revenue generated from the market is expected to reach USD 149.92 million in 2034.
The automotive composites market is categorised according to resin type, which includes PP composites, PBT composites and others.
The key players are Exel Composites Plc, Craft Fibreglass Composites Pty Ltd., Mitsubishi Chemical Carbon Fiber and Composites, Inc., and Quickstep among others.
Based on the application, the market is divided into interior, exterior, power chain system, chassis, engine components and others.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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Vietnam
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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