United States Marine Composites Market to Reach USD 1,438.0 Million by 2033, Stimulated by Rising Demand for Lightweight Materials in the Marine Industry

February 13, 2025 | Chemical & Materials

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According to the latest report by IMARC Group, titled “United States Marine Composites Market Report by Composite Type (Metal Matrix Composite (MMC), Ceramic Matrix Composite (CMC), Polymer Matrix Composite (PMC)), Fiber Type (Glass Fiber, Carbon Fiber, Aramid Fiber, Natural Fiber, and Others), Resin Type (Polyester, Vinyl Ester, Epoxy, Thermoplastic, Phenolic, Acrylic, and Others), Vessel Type (Power Boats, Sailboats, Cruise Ships, and Others), and Region 2025-2033,” the United States marine composites market size reached USD 964.3 Million in 2024. Marine composites are engineered materials made by combining two or more components, such as fibers and polymer matrix. They are manufactured by various techniques, such as hand lay-up, vacuum infusion, and filament winding, which impact the overall performance and cost-effectiveness. They are available as carbon fiber, glass fiber, and aramid fiber composites, which provide excellent impact resistance and are commonly used in areas requiring enhanced protection. They are inherently resistant to degradation in saltwater environments. They exhibit superior mechanical properties compared to traditional materials like steel or aluminum. Furthermore, as marine composites contribute to improved hydrodynamics and structural integrity of vessels, their demand is increasing in the United States.

United States Marine Composites Market Trends:

At present, the increasing demand for lightweight and durable materials in the marine industry represents one of the crucial factors impelling the growth of the market in the United States. Besides this, the rising adoption of composites in boat manufacturing and other marine applications due to their corrosion-resistant properties is contributing to the growth of the market in the country. In addition, the growing focus on maintaining sustainability and regulatory compliance within the marine sector is offering a favorable market outlook. Apart from this, increasing advancements in composite materials and manufacturing technologies are supporting the growth of the market. Additionally, the rising interest in water-based activities among the masses and the popularity of recreational boating are strengthening the growth of the market in the United States. Moreover, increasing initiatives taken by governing agencies in the United States to improve coastal security and strengthen the navy are bolstering the growth of the market in the United States. Looking forward, the market value is projected to reach USD 1,438.0 Million by 2033, expanding at a CAGR of 4.31% during 2025-2033.

Market Summary:

Based on the composite type, the market has been segmented into metal matrix composite (MMC), ceramic matrix composite (CMC), and polymer matrix composite (PMC). Currently, polymer matrix composite (PMC) dominates the market, holding the largest share.
On the basis of the fiber type, the market has been segmented into glass fiber, carbon fiber, aramid fiber, natural fiber, and others. Presently, glass fiber exhibits a clear dominance in the market.
Based on the resin type, the market has been segregated polyester, vinyl ester, epoxy, thermoplastic, phenolic, acrylic, and others. At present, polyester represents the biggest share in the market.
On the basis of the vessel type, the market has been divided into power boats, sailboats, cruise ships, and others. Amongst these, cruise ships hold the maximum share in the market.
Region-wise, the market has been segmented into Northeast, Midwest, South, and West.
The competitive landscape of the market has been examined in the report, along with the detailed profiles of the major players operating in the industry.

Report Scope:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Million USD
Segment Coverage	Composite Type, Fiber Type, Resin Type, Vessel Type, Region
Region Covered	Northeast, Midwest, South, West
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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United States Marine Composites Market to Reach USD 1,438.0 Million by 2033, Stimulated by Rising Demand for Lightweight Materials in the Marine Industry

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