New York, September 24, 2018:Market Research Engine has published a new report titled as “Automotive Composites Market By Fibre Type (Carbon, Glass); By Resin Type (Thermoplastic, Thermoset); By Application (Polyester, Vinylester, Epoxy); By Manufacturing Process (Compression Molding, Injection Molding, Resin Transfer Molding (RTM)) and by Regional Analysis – Global Forecast by 2017 – 2024.”

    The Automotive Composites Market is expected to exceed more than US$ 14 Billion by 2024 at a CAGR of 5.7% in the given forecast period.

    The scope of the report includes a detailed study of Automotive Composites Marketwith the reasons given for variations in the growth of the industry in certain regions.

    The demand for automotive vehicles increases across the world, the demand for top performance vehicles will increase significantly. Automotive makers across the world are focusing on reducing the weight of vehicles. That apart, emission control and improved performance characteristics are the other objectives that world automotive makers aim to achieve. The demand for lightweight materials, like carbon fibre composites, is predicted to increase considerably within the returning years, that is predicted to promote the growth of the automotive composites market in near future.

    The Automotive Composites Market is segmented on the lines of its fibre type, resin type, application, manufacturing process and regional. Basis of fibre type is segmented into Carbon, Glass and Others. Based on resin type it covers Thermoplastic and Thermoset. Basis of application type is segmented into Interior, Exterior, Powertrain and Chassis. Basis of manufacturing process type is segmented into Compression Molding, Injection Molding, Resin Transfer Molding (RTM) and Others. The Automotive Composites Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, and Rest of World. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

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    The Automotive Composites Market has been segmented as below:

    By Fibre Type:

    • Carbon
    • Glass
    • Others

    By Resin Type:

    • Thermoplastic
    • Polypropylene
    • Polyamide
    • Polyphenylene Sulfide
    • Others
    • Thermoset
    • Polyester
    • Vinylester
    • Epoxy
    • Others

    By Application:

    • Polyester
    • Vinylester
    • Epoxy
    • Others

    By Manufacturing Process:

    • Compression Molding
    • Injection Molding
    • Resin Transfer Molding (RTM)
    • Others

    The major driving factors of Automotive Composites Market are as follows:

    • Increase in the Demand for Lightweight and Fuel-Efficient Vehicles

    The major restraining factors of Automotive Composites Market are as follows:

    • High Production Cost of Composites

    This report provides:

    1) An overview of the global market for Automotive Composites Marketand related technologies.
    2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
    3) Identifications of new market opportunities and targeted promotional plans for Automotive Composites Market.

    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry.

    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include SGL Group, Solvay S.A, UFP Technologies, Inc, Koninklijke Ten Cate B.V, Gurit, Toho Tenax Co. Ltd, Mitsubishi Chemical Corporation, Plasan Carbon Composites, Continental Structural Plastics Inc, Owens Corning, 3B Fiberglass Company, Hexcel Corporation, MubeaCarbo Tech GmbH, Quantum Composites and GMS Composites. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

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    Table of Contents: 

    1.  Introduction
      1.1    Report Description
      1.2    Markets Covered
      1.3    Stakeholders
    2.  Research Methodology
      2.1    Research Data
      2.2    Market Size Estimation and Data Triangulation
      2.3    Research Assumptions
    3.  Report Summary
    4.  Market Overview
      4.1    Introduction
      4.2    Drivers
      4.3    Restrains
      4.4    Industry Trends
      4.5    Porter’s Five Forces Analysis
    5.  Automotive Composites Market Analysis, By Fiber Type
    6.  Automotive Composites Market Analysis, By Resin Type
    7.  Automotive Composites Market Analysis, By Application
    8.  Automotive Composites Market Analysis, By Manufacturing Process
    9.  Automotive Composites Market Analysis, By Region
    10.  Competitive Overview
    11.  Company Profiles
      11.1    SGL Group
      11.2    Solvay S.A.
      11.3    Plasan Carbon Composites
      11.4    Hexcel Corporation
      11.5    MubeaCarbo Tech GmbH
      11.6    UFP Technologies, Inc.
      11.7    Koninklijke Ten Cate B.V.
      11.8    Gurit
      11.9    Toho Tenax Co. Ltd.
      11.10    Mitsubishi Chemical Corporation
      11.11    Quantum Composites
      11.12    GMS Composites
      11.13    Continental Structural Plastics Inc.
      11.14    Owens Corning
      11.15    3B Fiberglass Company

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