Market Outlook

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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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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Market Outlook

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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Consumer

Composites end markets: Electronics (2024)

Increasingly, prototype and production-ready smart devices featuring thermoplastic composite cases and other components provide lightweight, optimized sustainable alternatives to metal.

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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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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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Market Outlook

Composites end markets: Sports and recreation (2024)

Light weight and high performance continue to make composites popular in the elite sporting good market. Sustainability in both materials and recycling solutions are a key innovation area.

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Market Outlook

Composites end markets: Aerospace (2023)

With COVID in the past and passengers flying again, commercial aircraft production is ramping up. The aerocomposites supply chain is busy developing new M&P for an approaching next-generation aircraft program.

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recycle carbon fiber
Airtech
Eliminate Quality Escapes  With LASERVISION AI
HEATCON Composite Systems
Alpha’s Premier ESR®
ColorForm multi-component injection
NewStar Adhesives - Nautical Adhesives
Airtech
Airtech International Inc.