"According to a new country report published by Lucintel, the future of automotive glass fiber composites market in the United States looks good with opportunities in various applications such as exterior, interior, power train system/engine components, chassis system, electrical and electronics, under body system, and others. The glass fiber in the automotive composites market in the United States is primarily driven by increasing automotive production and growing demand for lightweight and durable materials due to stringent government regulations to increase fuel efficiency and reduce greenhouse gas emissions.

This report studies factors affecting the glass 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 the power train system/ engine component is expected to be the largest market and the under the body is expected to show the highest growth rate during the forecast period of 2020 to 2025. Within the glass fiber in the automotive composites market in the United States, SFT is expected to remain the largest market by value and volume, mainly driven by applications such as small complex shaped components in power train system/engine components applications

Emerging trends, which have a direct impact on the dynamics of the industry, include strategic alliances between OEMs, glass fiber, and resin suppliers in the automotive composites industry.

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 glass fiber in the automotive composites market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Glass 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 glass fiber in the automotive composites market in the United States by application, intermediates, and product as follows:

Automotive glass fiber composites 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/Engine Components
• Electrical and Electronics
• Others

Automotive glass fiber composites market by Intermediates Type (Value ($M) and Volume (M lbs) from 2014 to 2025):
• Sheet Molding Compound (SMC)
• Bulk Molding Compound (BMC)
• Glass Mat Thermoplastic (GMT)
• Short Fiber Thermoplastic (SFT)
• Long Fiber Thermoplastic (LFT)
• Continuous Fiber Thermoplastic (CFT)
• Phenolic Molding Compound (PMC)
• Others

Automotive glass fiber composites market by Product Type (Value ($M) and Volume (M lbs) from 2014 to 2025)
• Chopped
• Roving

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/glass-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 "