If you don't need After Effects, Premiere is faster. It is a non-linear editing app designed to edit movies.
You have a lot of MP4 videos. MP4 is not a production format, always takes longer to decode and re-render than frame-based formats and could be causing some of the slowdowns.
Your comps all seem to be 60 fps. Most of the time this high frame rate does nothing to improve the quality of a video, if you share the video on YouTube, Vimeo, or any of the social platforms it will probably be delivered at a maximum of 30 fps. Just changing the frame rate of the comps will cut your render time in half.
I have no idea what the frame size is of the comp.
It looks like you have color composite, bulge and twirl applied to a couple of layers. I don't know how many layers you have in your comp or if the effects last for the entire 30 seconds. I don't know if there are any cuts between shots in the comp. I don't know if you are trying to edit a sequence. I see a couple of short layers but they look like they are past the end of the work area. Comp 2 is more than 7 minutes long, but the work area is about 30 seconds.
Still don't know much about what you are trying to do. Are you following a tutorial? Do you have very much experience using After Effects?