Filament Wound Composites Market Size, Share, Opportunities, And Trends By Product Type (Cylinders and Tubes, Structural Components, Insulation Components), By End-user Industry (Aerospace, Automotive, Marine, Energy, Sports and Recreation, Military), And By Geography - Forecasts From 2025 To 2030

  • Published : Jan 2025
  • Report Code : KSI061617098
  • Pages : 147
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Filament Wound Composites Market Size

The Filament Wound Composites Market, valued at  US$1,103.344 million in 2030 from US$823.306 million in 2025, is projected to grow at a CAGR of 6.03% through 2030.

The demand for filament wound composites is growing owing to the light weight and strength of materials and their application across various industries. Key applications include aerospace, wind energy, and pressure vessels that benefit from the process of producing strong, tough, and precision-engineered structures.

The demand is rising nowadays due to the need for lightweight and high strength in a wide range of industries, including aerospace, wind energy, and pressure vessels. As per the International Trade Administration, civil aviation is one of the fastest-growing sectors in India. India is projected to have more than 500 million domestic and international air travelers by 2030 and has the potential to become the world's leading aviation market by 2047.


Filament Wound Composites Market Overview & Scope

The Filament Wound Composites Market is segmented by:

  • By Product Type: The filament wound composites market, by product type, is segmented into cylinders and tubes, structural components, and insulation components. The cylinders and tubes segment of the filament wound composites market is witnessing growth as they can transform manufacturing applications through their lightweight and structurally robust properties especially beneficial for aerospace and automotive markets.
  • End-User Industry: The filament wound composites market, by end-user industry, is segmented into aerospace, automotive, marine, energy, sports and recreation, and military.  The automotive segment of the market is witnessing development in filament wound composites primarily with the growing adoption of electric vehicles globally with supportive government regulations. These electric vehicles gaining market share in the automotive sector while manufacturers seek lighter materials.
  • Region:  By geography, the Filament Wound Composites Market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific.

Top Trends Shaping the Filament Wound Composites Market

1. Developments of some high-performance materials

  • The major trends seen in the market are developments of some high-performance materials like carbon fiber reinforced polymers (CFRPs) and resins, with high performance, to produce lighter and stronger filament wound components.
  • Following this, the U.S. Department of Transportation, comprising the Federal Highway Administration (FHWA), works at the state level to popularize the utilization of high-performance materials. High-performance materials involve little data on long-term results and also normally carry a somewhat higher initial expense; therefore, states are also reluctant to accept such an endeavor independently. Therefore, a federal-state partnership, sharing funding and knowledge, has been developed to help overcome these obstacles.

2. Focus on Sustainability

  • The composites industry is focusing increasingly on sustainability. Companies are looking at using recycled materials, reducing waste, and using eco-friendly manufacturing processes.

Filament Wound Composites Market: Growth Drivers vs. Challenges

Opportunities:

  • Advancements in manufacturing technologies bolster the filament wound composites market growth: Growth in renewable energy is one of the key drivers for the filament wound composites market as these materials are integral to the key applications in this sector. Demand is high in wind energy, where filament wound composites are used to manufacture lightweight, durable, and high-strength components such as wind turbine blades and nacelle covers.

In 2022, as per IEA, wind electricity generation increased by a record 14%, reaching more than 2?100 TWh. That was the second-highest growth of all renewable power technologies, after solar PV. However, to get on track with the Net Zero Emissions by 2050 Scenario that envisions some 7400 TWh of wind electricity generation in 2030, the average annual generation growth rate needs to rise to about 17%.

  • Expansion in Renewable Energy Sector: Demand is highly substantial in the growing renewable energy sector, led by wind power. The light but strong nature of filament wound composites makes it ideal for wind turbines to use their blades, towers, and nacelles in many applications. According to the IEA, investment in wind generation increased by 20% in 2022, resuming growth after softening in 2021 and influencing a significant capacity deployment in 2023.

Challenges:

  • Price volatility:  The price volatility due to the supply-chain constraint is the serious challenge in the industry.

Filament Wound Composites Market Regional Analysis

  • North America: The demand for filament wound composite in the USA is expected to witness a major growth automotive, and aerospace sector in the nation. In the aerospace sector, the filament wound composite helps in enhancing the fuel efficiency of the aeroplanes and also provides weight reduction.

Filament Wound Composites Market: Competitive Landscape

The market notable players included Amalga Composites, TANIQ, Albany International, Advanced Composites Inc, Reliance Composites, and many more:

  • Amalga Composites:  Amalga’s ability to develop extensive products that cover fluid power, aerospace, defense, underwater vehicles, driveshafts, pressure tanks, and food processing equipment, showcase its commitment to provide optimum solutions for customers.
  • TANIQ: TANIQ has 18 years of experience and has very deep knowledge about the design of composite parts by TaniqWind software as well as by FEA software for analysis. TANIQ has two in-house robotic prototyping systems for internal R&D, which it uses to help support its clients' development of their product and process.

Few strategic developments related to the market:

  • Expansion: In December 2024, Polar Technology installed a brand-new filament winding machines as part of a designated, world-class manufacturing cell.
  • New Product: In November 2024, Mikrosam, a leader in composite manufacturing technologies, announced the delivery of its advanced robotic filament winding machine with an automated tape placement head to Cidetec, Spain.

Filament Wound Composites Market Scope:

Report Metric Details
Filament Wound Composites Market Size in 2025 US$823.306 million
Filament Wound Composites Market Size in 2030 US$1,103.344 million
Growth Rate CAGR of 6.03%
Study Period 2020 to 2030
Historical Data 2020 to 2023
Base Year 2024
Forecast Period 2025 – 2030
Forecast Unit (Value) USD Million
Segmentation
  • Product Type
  • End Use Industry
  • Geography
Geographical Segmentation North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in the Filament Wound Composites Market
  • Amalga Composites
  • TANIQ
  • Albany International
  • Advanced Composites Inc
  • Reliance Composites 
Customization Scope Free report customization with purchase

 

Filament Wound Composites Market Segmentation:

  • By Product Type
    • Cylinders and Tubes
    • Structural Components
    • Insulation Components
  • By End Use Industry
    • Aerospace
    • Automotive
    • Marine
    • Energy
    • Sports and Recreation
    • Military
  • By Geography
    • North America
    • Europe
    • Asia Pacific
    • South America
    • Middle East & Africa

Frequently Asked Questions (FAQs)

The filament wound composites market is expected to reach a total market size of US$1,103.344 million by 2030.

Filament Wound Composites Market is valued at US$823.306 million in 2025.

The global filament wound composites market is expected to grow at a CAGR of 6.03% during the forecast period.

Growth driven by demand for lightweight, high-strength materials in aerospace, automotive, wind energy, and rising industrial applications.

The North America region is anticipated to hold a significant share of the filament wound composites market.

1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. FILAMENT WOUND COMPOSITES MARKET BY PRODUCT TYPE

4.1. Introduction

4.2. Cylinders and Tubes

4.3. Structural Components

4.4. Insulation Components

5. FILAMENT WOUND COMPOSITES MARKET BY END-USER INDUSTRY

5.1. Introduction

5.2. Aerospace

5.3. Automotive

5.4. Marine

5.5. Energy

5.6. Sports and Recreation

5.7. Military

6. FILAMENT WOUND COMPOSITES MARKET BY GEOGRAPHY

6.1. Introduction

6.2. North America

6.2.1. By Product Type

6.2.2. By End-user Industry

6.2.3. By Country

6.2.3.1. USA

6.2.3.2. Canada

6.2.3.3. Mexico

6.3. South America

6.3.1. By Product Type

6.3.2. By End-user Industry

6.3.3. By Country

6.3.3.1. Brazil

6.3.3.2. Argentina

6.3.3.3. Others

6.4. Europe

6.4.1. By Product Type

6.4.2. By End-user Industry

6.4.3. By Country

6.4.3.1. United Kingdom

6.4.3.2. Germany

6.4.3.3. France

6.4.3.4. Spain

6.4.3.5. Others

6.5. Middle East and Africa

6.5.1. By Product Type

6.5.2. By End-user Industry

6.5.3. By Country

6.5.3.1. Saudi Arabia

6.5.3.2. UAE

6.5.3.3. Others

6.6. Asia Pacific

6.6.1. By Product Type

6.6.2. By End-user Industry

6.6.3. By Country

6.6.3.1. China

6.6.3.2. Japan

6.6.3.3. India

6.6.3.4. South Korea

6.6.3.5. Taiwan

6.6.3.6. Others

7. COMPETITIVE ENVIRONMENT AND ANALYSIS

7.1. Major Players and Strategy Analysis

7.2. Market Share Analysis

7.3. Mergers, Acquisitions, Agreements, and Collaborations

7.4. Competitive Dashboard

8. COMPANY PROFILES

8.1. Amalga Composites 

8.2. TANIQ 

8.3. Albany International 

8.4. Advanced Composites Inc 

8.5. Reliance Composites 

8.6. Coriolis

8.7. Wisconsin Oven

8.8. Ability Composites

8.9. Lentus Composites

8.10. CST Composites

9. APPENDIX

9.1. Currency 

9.2. Assumptions

9.3. Base and Forecast Years Timeline

9.4. Key benefits for the stakeholders

9.5. Research Methodology 

9.6. Abbreviations 

Amalga Composites 

TANIQ 

Albany International 

Advanced Composites Inc 

Reliance Composites 

Coriolis

Wisconsin Oven

Ability Composites

Lentus Composites

CST Composites