Opportunities for the Carbon Fiber in the Automotive Composites Market in the United States


Posted October 30, 2020 by hiteshchawra

Opportunities for the Carbon Fiber in the Automotive Composites Market in the United States

 
"According to a new country report published by Lucintel, the future of automotive composites carbon fiber market in the United States looks promising with opportunities in various applications, including exterior, power train system, under body system, chassis system, pressure vessel, interior, and others. The carbon fiber in the automotive composites market in the United States is primarily driven by increasing automotive production and growing demand for lightweight materials due to stringent government regulations to increase fuel efficiency and reduce greenhouse gas emissions. Other major growth drivers include the growing demand for carbon fiber-reinforced plastics (CFRP) in luxury cars, race cars and other high-performance cars.

This report studies factors affecting the carbon fiber in the automotive composites market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.

Among various growth areas, Lucintel forecasts that exterior is expected to remain the largest market, and chassis system is expected to show the highest growth rate during the forecast period from 2020 to 2025. Within the carbon fiber in the automotive composites market in the United States, sheet molding compound (SMC), short fiber thermoplastic (SFT), long fiber thermoplastic (LFT), and prepreg, are the major materials to manufacture automotive components. LFT is expected to remain the largest market by value and volume, mainly driven by applications where high strength-to-weight ratios and high resistance to chemicals, heat and corrosion have prime importance

Emerging trends, which have a direct impact on the dynamics of the automotive composites carbon fiber industry, include development of transformative technologies and material systems to make carbon fiber parts for mass-volume vehicles.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the carbon fiber in the automotive composites market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Carbon Fiber in the Automotive Composites Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the carbon fiber in the automotive composites market in the United States by application and material as follows:

Automotive composites carbon fiber market by Application Type (Value ($M) and Volume (M lbs) from 2014 to 2025):
• Interior
• Exterior
• Under the body systems
• Chassis System
• Power train system
• Pressure Vessel
• Others

Automotive composites carbon fiber market by Material Type (Value ($M) and Volume (M lbs) from 2014 to 2025):
• Sheet Molding Compound (SMC)
• Short Fiber Thermoplastic (SFT)
• Long Fiber Thermoplastic (LFT)
• Prepreg
• Others

This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/carbon-fiber-in-the-automotive-composites.aspx or write to us at [email protected]

About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com "
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Issued By Hitesh
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Categories Aerospace , Architecture , Blogging
Last Updated October 30, 2020