The Global Automotive Composites Market Report offers extensive knowledge and information about the Electric Automotive Composites market pertaining to market size, market share, growth influencing factors, opportunities, and current and emerging trends. The report is formulated with the updated and latest information of the global Automotive Composites market further validated and verified by the industry experts and professionals. The Global Automotive Composites Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Automotive Composites market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.
The global automotive composites market size reached USD 5.33 Billion in 2020 and is expected to register a revenue CAGR of 11.2%, during the forecast period, according to latest analysis by Emergen Research. Need for Original Equipment Manufacturers (OEMs) to comply with increasingly stringent government regulations as well as rising demand for Electric Vehicles (EVs) are some key factors driving global automotive composites market revenue growth. Increased usage of natural fibers in automotive applications, which are both cost-effective and environmentally beneficial, is expected to support revenue growth of the market going ahead. The cost per kilo of weight saved in vehicle weight reduction techniques would be higher with EVs.
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Competitive Landscape:
The latest report encases an in-depth summary of the intensely competitive landscape of the global Automotive Composites market, with systematic profiling of the companies operating across this industry. In this section of the report, experts have listed down the strategic initiatives undertaken by these market rivals for proposed business expansion. Additionally, it highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of the established and new players have also been assessed in the report through effective analytical tools like SWOT analysis.
Key participants include SGL Carbon SE, Toray Industries, Inc., Mitsubishi Chemical Holdings Corporation, Teijin Limited, Hexcel Corporation, UFP Technologies, Inc., Solvay S.A., Hexion Inc., Huntsman Corporation, and Gurit Holding
The complete regional analysis covers:
• North America (U.S., Canada, Mexico)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Points of Automotive Composites Market:
• Extensive coverage of the analysis of the Automotive Composites market
• Key insights into the regional spread of the industry in key geographies
• Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
• Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Automotive Composites market
• Complete data about the key manufacturers and vendors in the Automotive Composites market
Emergen Research has segmented the global automotive composites on the basis of fiber type, product, resin type, manufacturing process, application, and region:
Fiber Type Outlook (Volume Tons, Revenue, USD Billion; 2018–2028)
• Carbon Fiber Reinforced Plastic (CFRP)
• Glass Fiber Reinforced Plastic (GFRP)
• Natural Fiber (NF)
Product Outlook (Volume Tons, Revenue, USD Billion; 2018–2028)
• Metal Matrix Composites
• Polymer Matrix Composites
• Ceramic Matrix Composites
Resin Type Outlook (Volume Tons, Revenue, USD Billion; 2018–2028)
• Thermoset
• Thermoplastic
Manufacturing Process Outlook (Volume Tons, Revenue, USD Billion; 2018–2028)
• Injection Molding
• Compression Molding
• Resin Transfer Molding (RTM)
• Others
Application Outlook (Volume Tons, Revenue, USD Billion; 2018–2028)
• Structural & Powertrain
• Interior
• Exterior
• Others
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About Us:
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.