Australia Automotive Composites Market Size, Report, 2033

Australia Automotive Composites Market Size, Share, Trends and Forecast by Production Process, Application, Material, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A32587

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Australia Automotive Composites Market Overview:

The Australia automotive composites market size reached USD 570.00 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,112.19 Million by 2033, exhibiting a growth rate (CAGR) of 7.00% during 2025-2033. The market is driven by the rising demand for lightweight materials to enhance fuel efficiency and EV performance, advancements in composite manufacturing technologies improving cost-effectiveness, and growing EV adoption supported by government initiatives. Sustainability concerns and recycling innovations further accelerate composite integration in automotive production.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 570.00 Million
Market Forecast in 2033	USD 1,112.19 Million
Market Growth Rate 2025-2033	7.00%

Australia Automotive Composites Market Trends:

Increasing Need for Light Vehicles

Australian automotive manufacturers are increasingly using composite materials to reduce the weight of vehicles as well as improve fuel economy. Harsh emission norms and the move towards electric vehicles (EVs) have also contributed to this demand. Advanced composites such as carbon fiber-reinforced plastics (CFRP) and glass fiber-reinforced plastics (GFRP) are taking center stage because of their better strength-to-weight ratio. This trend is most evident in hybrid and electric vehicles, where reduced weight directly enhances battery performance and driving range, and composites are a top material selection for contemporary automotive design.

Australia Automotive Composites Market Size

Advancements in Composite Manufacturing Technologies

Innovations in composite manufacturing processes, including resin transfer molding (RTM) and automated fiber placement (AFP), are enhancing production efficiency and cost-effectiveness. These advancements enable large-scale adoption of composites in mainstream vehicles, reducing manufacturing complexities. Australian automotive suppliers are investing in automated and digitalized production lines to cater to growing demand. Additionally, improved recycling techniques are supporting sustainability goals, making composites a more viable alternative to traditional materials while addressing concerns about end-of-life disposal and environmental impact.

Expansion of Electric Vehicle Production

The adoption of electric vehicles (EVs) in Australia is accelerating, with new EV purchases more than doubling in 2023 compared to 2022, bringing the total number of EVs on Australian roads to over 180,000. Moreover, the integration of lightweight composites to optimize battery performance and overall vehicle efficiency is aiding the market demand. Automakers are using carbon fiber and advanced polymer composites to counterbalance the weight of battery packs while maintaining structural integrity. This trend is further supported by government initiatives promoting EV adoption and local manufacturing capabilities. With increased focus on domestic EV production and battery technology advancements, composites are playing a crucial role in developing energy-efficient and high-performance electric mobility solutions.

Australia Automotive Composites Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on production process, application, and material.

Production Process Insights:

Hand Layup
Compression Molding
Continuous Process
Injection Molding

The report has provided a detailed breakup and analysis of the market based on the production process. This includes hand layup, compression molding, continuous process, and injection molding.

Application Insights:

Structural Assembly
Powertrain Component
Interior
Exterior
Others

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes structural assembly, powertrain component, interior, exterior, and others.

Material Insights:

Thermoset Polymer
Thermoplastic Polymer
Carbon Fiber
Glass Fiber

A detailed breakup and analysis of the market based on the material have also been provided in the report. This includes thermoset polymer, thermoplastic polymer, carbon fiber, and glass fiber.

Regional Insights:

Australia Capital Territory & New South Wales
Victoria & Tasmania
Queensland
Northern Territory & Southern Australia
Western Australia

The report has also provided a comprehensive analysis of all the major regional markets, which include Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, Western Australia.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Australia Automotive Composites Market News:

In January 2025, Decem, an Australian consulting firm, has acquired Penguin Composites through voluntary administration. Penguin Composites specializes in composite and metal manufacturing for industrial, commercial, marine, and recreational vehicle sectors. The company supports Thales Australia’s Hawkei vehicle production and Hanwha Defence Australia's Huntsman vehicle construction, highlighting its defense sector involvement. Its expertise spans mould design, fibreglass manufacturing, carbon fibre laminations, and specialist composite production, strengthening Decem’s market position.

Australia Automotive Composites Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Million USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Production Process Application Material Region
Production Processes Covered	Hand Layup, Compression Molding, Continuous Process, Injection Molding
Applications Covered	Structural Assembly, Powertrain Component, Interior, Exterior, Others
Materials Covered	Thermoset Polymer, Thermoplastic Polymer, Carbon Fiber, Glass Fiber
Regions Covered	Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, Western Australia
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)

Key Questions Answered in This Report:

How has the Australia automotive composites market performed so far and how will it perform in the coming years?
What is the breakup of the Australia automotive composites market on the basis of production process?
What is the breakup of the Australia automotive composites market on the basis of application?
What is the breakup of the Australia automotive composites market on the basis of material?
What are the various stages in the value chain of the Australia automotive composites market?
What are the key driving factors and challenges in the Australia automotive composites market?
What is the structure of the Australia automotive composites market and who are the key players?
What is the degree of competition in the Australia automotive composites market?

Key Benefits for Stakeholders:

IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Australia automotive composites market from 2019-2033.
The research report provides the latest information on the market drivers, challenges, and opportunities in the Australia automotive composites market.
Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Australia automotive composites industry and its attractiveness.
Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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