Introduction

The global Electrical & Electronics (E&E) composite materials market is experiencing steady growth, with a market volume of 2.35 million metric tons in 2024 projected to reach approximately 2.90 million metric tons by 2030, reflecting a CAGR near 3.4%. These specialized Electrical & Electronics (E&E) composite materials market combining fibers (such as glass or carbon) with resin systems—are critical for high-performance electronics, offering lightweight construction, thermal stability, and electrical insulation.

Applications

E&E composites are employed in a wide array of applications including printed circuit boards (PCBs), enclosures and housings, connectors, and battery components & casings. The consumer electronics sector remains the largest user, but the fastest-growing application is in the automotive & electric vehicle (EV) domain, particularly for battery casings and high-voltage insulation where thermoplastic composites show strong potential.

Key Drivers

Major growth drivers include the increasing complexity and miniaturisation of electronic devices, which require composites with stronger dielectric properties and better thermal management. The shift towards electric mobility and the proliferation of 5G/telecommunication infrastructure are also fueling demand for lightweight, flame-retardant, and thermally stable materials.

Trends

Among prevailing trends, glass-fiber composites maintain their dominance thanks to cost-effectiveness and reliable electrical insulation. Thermoplastic composites, however, are emerging as the fastest-growing material type, driven by recyclability and performance demands in the EV sector. Geographically, Asia-Pacific leads in both consumption and manufacturing, while North America is accelerating growth via innovation and high-end applications.

Future Opportunities

Future opportunities lie in developing advanced materials tailored for EV battery modules, high-frequency PCBs for 5G/6G, and lightweight housings for renewable-energy systems. Integration of bio-based or recyclable composite solutions is also emerging as an avenue to meet sustainability goals.

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Conclusion

The E&E composite materials market stands at the convergence of electronics advancement, sustainability imperatives, and mobility transformation. With steady growth, broadening applications, and evolving material technologies, manufacturers that invest in high-performance and eco-friendly composites are well-positioned to capture value in this expanding market landscape.