MARINE COMPOSITES MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2026-2033)

Marine Composites Market, By Composite (Ceramic Matrix Composites, Metal Matrix Composites, and Polymer Matrix Composites), By Vessel Type (Power Boats, Sailboats, Cruise Ships, and Others), By Resin Type (Polyester, Vinyl Ester, Epoxy, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In: 04 Feb, 2026
Code: CMI9294
Pages: 135
Formats: Excel and PDF
Industry: Advanced Materials
- Historical Range : 2020 - 2024
- Estimated Year : 2025
- Forecast Period : 2026-2033

According to Coherent Market Insights, the global marine composites market is estimated to be valued at USD 3.98 Bn in 2026 and is expected to reach USD 5.83 Bn by 2033, exhibiting a compound annual growth rate (CAGR) of 5.6% from 2026 to 2033. The global marine composites market represents a critical segment within the broader maritime industry, encompassing advanced materials that combine two or more constituent materials to create superior properties for marine applications.

Market Dynamics

The global marine composites market is propelled by several dynamic factors that collectively shape its growth trajectory and competitive landscape. Primary market drivers include the increasing demand for lightweight, fuel-efficient vessels driven by stringent environmental regulations and rising fuel costs, which compel shipbuilders to adopt composite materials that reduce overall vessel weight by 20-30% compared to traditional steel construction.

Key Features of the Study

This report provides in-depth analysis of the global marine composites market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2026–2033), considering 2025 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global marine composites market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include West System, Hexcel Corporation, Gurit Holding AG, BASF SE, Solvay SA, Sika AG, 3M Company, Mitsubishi Chemical Corporation, Teijin Limited, Toray Industries, Inc., and Covestro AG
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global marine composites market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global marine composites market

Market Segmentation

Composite Insights (Revenue, USD Bn, 2021 - 2033)
- Ceramic Matrix Composites
- Metal Matrix Composites
- Polymer Matrix Composites
Vessel Type Insights (Revenue, USD Bn, 2021 - 2033)
- Power Boats
- Sailboats
- Cruise Ships
- Others
Resin Type Insights (Revenue, USD Bn, 2021 - 2033)
- Polyester
- Vinyl Ester
- Epoxy
- Others
Regional Insights (Revenue, USD Bn, 2021 - 2033)
- North America
  - U.S.
  - Canada
- Latin America
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
- Europe
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
- Asia Pacific
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
- Middle East
  - GCC Countries
  - Israel
  - Rest of Middle East
- Africa
  - South Africa
  - North Africa
  - Central Africa
Key Players Insights
- West System
- Hexcel Corporation
- Gurit Holding AG
- BASF SE
- Solvay SA
- Sika AG
- 3M Company
- Mitsubishi Chemical Corporation
- Teijin Limited
- Toray Industries, Inc.
- Covestro AG

Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
Market Purview
- Report Description
  - Market Definition and Scope
- Executive Summary
  - Global Marine Composites Market, By Composite
  - Global Marine Composites Market, By Vessel Type
  - Global Marine Composites Market, By Resin Type
  - Global Marine Composites Market, By Region
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER’s Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trends
Global Marine Composites Market, By Composite, 2021-2033, (USD Bn) Bn
- Introduction
  - Market Share Analysis, 2026 and 2033 (%)
  - Y-o-Y Growth Analysis, 2022 - 2033
  - Segment Trends
- Ceramic Matrix Composites
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Bn)
- Metal Matrix Composites
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Bn)
- Polymer Matrix Composites
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Bn)
Global Marine Composites Market, By Vessel Type, 2021-2033, (USD Bn) Bn
- Introduction
  - Market Share Analysis, 2026 and 2033 (%)
  - Y-o-Y Growth Analysis, 2022 - 2033
  - Segment Trends
- Power Boats
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Bn)
- Sailboats
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Bn)
- Cruise Ships
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Bn)
- Others
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Bn)
Global Marine Composites Market, By Resin Type, 2021-2033, (USD Bn) Bn
- Introduction
  - Market Share Analysis, 2026 and 2033 (%)
  - Y-o-Y Growth Analysis, 2022 - 2033
  - Segment Trends
- Polyester
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Bn)
- Vinyl Ester
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Bn)
- Epoxy
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Bn)
- Others
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Bn)
Global Marine Composites Market, By Region, 2021 - 2033, Value (USD Bn)
- Introduction
  - Market Share (%) Analysis, 2026, 2029 & 2033, Value (USD Bn)
  - Market Y-o-Y Growth Analysis (%), 2022 - 2033, Value (USD Bn)
  - Regional Trends
- North America
  - Introduction
  - Market Size and Forecast, By Composite, 2021 - 2033, Value (USD Bn)
  - Market Size and Forecast, By Vessel Type, 2021 - 2033, Value (USD Bn)
  - Market Size and Forecast, By Resin Type, 2021 - 2033, Value (USD Bn)
  - Market Size and Forecast, By Country, 2021 - 2033, Value (USD Bn)
    - U.S.
    - Canada
- Latin America
  - Introduction
  - Market Size and Forecast, By Composite, 2021 - 2033, Value (USD Bn)
  - Market Size and Forecast, By Vessel Type, 2021 - 2033, Value (USD Bn)
  - Market Size and Forecast, By Resin Type, 2021 - 2033, Value (USD Bn)
  - Market Size and Forecast, By Country, 2021 - 2033, Value (USD Bn)
    - Brazil
    - Argentina
    - Mexico
    - Rest of Latin America
- Europe
  - Introduction
  - Market Size and Forecast, By Composite, 2021 - 2033, Value (USD Bn)
  - Market Size and Forecast, By Vessel Type, 2021 - 2033, Value (USD Bn)
  - Market Size and Forecast, By Resin Type, 2021 - 2033, Value (USD Bn)
  - Market Size and Forecast, By Country, 2021 - 2033, Value (USD Bn)
    - Germany
    - U.K.
    - Spain
    - France
    - Italy
    - Russia
    - Rest of Europe
- Asia Pacific
  - Introduction
  - Market Size and Forecast, By Composite, 2021 - 2033, Value (USD Bn)
  - Market Size and Forecast, By Vessel Type, 2021 - 2033, Value (USD Bn)
  - Market Size and Forecast, By Resin Type, 2021 - 2033, Value (USD Bn)
  - Market Size and Forecast, By Country, 2021 - 2033, Value (USD Bn)
    - China
    - India
    - Japan
    - Australia
    - South Korea
    - ASEAN
    - Rest of Asia Pacific
- Middle East
  - Introduction
  - Market Size and Forecast, By Composite, 2021 - 2033, Value (USD Bn)
  - Market Size and Forecast, By Vessel Type, 2021 - 2033, Value (USD Bn)
  - Market Size and Forecast, By Resin Type, 2021 - 2033, Value (USD Bn)
  - Market Size and Forecast, By Country, 2021 - 2033, Value (USD Bn)
    - GCC Countries
    - Israel
    - Rest of Middle East
- Africa
  - Introduction
  - Market Size and Forecast, By Composite, 2021 - 2033, Value (USD Bn)
  - Market Size and Forecast, By Vessel Type, 2021 - 2033, Value (USD Bn)
  - Market Size and Forecast, By Resin Type, 2021 - 2033, Value (USD Bn)
  - Market Size and Forecast, By Country/Region, 2021 - 2033, Value (USD Bn)
    - South Africa
    - North Africa
    - Central Africa
Competitive Landscape
- West System
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Hexcel Corporation
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Gurit Holding AG
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- BASF SE
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Solvay SA
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Sika AG
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- 3M Company
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Mitsubishi Chemical Corporation
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Teijin Limited
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Toray Industries, Inc.
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Covestro AG
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
References and Research Methodology
- References
- Research Methodology
- About us

*Browse 32 market data tables and 28 figures on 'Marine Composites Market' - Global forecast to 2033

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