Marine Composites Market Analysis 2025-2037: Price Trends, Regional Analysis and Forecast
The global Marine Composites Market is projected to grow at a robust CAGR of 6.6%, rising from USD 5.83 billion in 2024 to USD 13.68 billion by 2037. This growth is driven by rising demand for lightweight, durable, and corrosion-resistant materials across various marine vessels. Additionally, the steady growth of the recreational boating sector and advancements in naval defense and commercial marine transportation continue to bolster the industry’s expansion.
Marine Composites Industry Demand