admin
Global Automotive Composites Market is expected to reach $14.31 billion by 2027 growing at a CAGR of 14.5% during 2019 to 2027.
Some of the key players profiled in the Automotive Composites Market include BASF, Advanced Composites Group, DOW Inc., Gurit, Hexcel, Huntsman, Mitsubishi Chemical Corporation, Scott Bader, SGl group, Solvey Group, Teijin Limited, Toray and UFP Technologies.
Increase in demand for lightweight and fuel-efficient vehicles, increase in demand for environmentally friendly electric vehicles and increasing use of cost-efficient and eco-friendly natural fibers in automotive applications are the major factors driving the growth of the market. However, high processing and manufacturing cost of composites is restraining the market growth.
Request for sample here: https://www.strategymrc.com/report/automotive-composites-market/request-sample
Automotive composites are lightweight materials that are majorly used in trucks, cars, and other vehicles, primarily under the hood and the interiors. Composites are preferred materials for the weight reduction in automobiles, and hence composites are used for many automotive interior and exterior applications.
Based on the fiber type, the glass segment is anticipated to expand at a rapid pace during the forecast period due to its superior attributes such as strength, durability, flexibility, lightweight, and resistance to heat, temperature, and moisture, which makes it a choice of material for automotive composite manufacturers.
Access the complete report at: https://www.strategymrc.com/report/automotive-composites-market
By geography, Europe is expected grow at a faster rate during the forecast period as the automotive industry in the region is one of the major industries and is comparatively higher than any other region. The European Union is amongst the world’s biggest producers of motor vehicles and the sector represents the largest private investor in research & development.
Make an inquiry at: https://www.strategymrc.com/report/automotive-composites-market
Fiber Types Covered: • Aramid • Basalt • Carbon • Glass • Hybrid
• Natural
Vehicle Types Covered: • Non-Electric
• Electric
Resin Types Covered: • Thermoset
• Thermoplastic
Manufacturing Processes Covered: • Compression Molding • Injection Molding • Resin Transfer Molding (RTM)
• Other Manufacturing Processes
Products Covered: • Ceramic Matrix • Metal Matrix
• Polymer Matrix
Applications Covered: • Chassis • Engine Component • Exterior • Interior • Powertrain Component • Structural Assembly
• Underbody
End Users Covered: • Passenger Cars • Light Commerical Vehicles (LCVs) • Heavy Commercial Vehicle (HCVs)
• Agricultural
Sales Channels Covered: • Original Equipment Manufacturer (OEM)
• Aftermarket
Regions Covered:
• North America o US o Canada o Mexico • Europe o Germany o France o Italy o UK o Spain o Rest of Europe • Asia Pacific o Japan o China o India o Australia o New Zealand o South Korea o Rest of Asia Pacific • South America o Argentina o Brazil o Chile o Rest of South America • Middle East & Africa o Saudi Arabia o UAE o Qatar o South Africa
o Rest of Middle East & Africa
What our report offers: – Market share assessments for the regional and country level segments – Market share analysis of the top industry players – Strategic recommendations for the new entrants – Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets – Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) – Strategic recommendations in key business segments based on the market estimations – Competitive landscaping mapping the key common trends – Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
Follow us on Twitter: https://twitter.com/StratisticsMRC
Follow us on LinkedIn at: https://www.linkedin.com/company/stratistics-market-research-consulting-pvt-ltd?trk=mini-profile
About Stratistics MRC
We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.
Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.
Contact Info: Name: James Lamb
Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd Phone: +1-301-202-5929
Website: https://www.strategymrc.com
admin