Press release
Composites in Automotive Applications Market 2022 – Revenue, End-User, Latest Technology and Applications
The report analyzes the current and projected market for the major types of plastic composites used in automotive applications, with particular emphasis on carbon fiber composites. This report covers technological, economic, and business conditions as they relate to automotive composites and their applications. Estimated values used are based on manufacturers total revenues. Projected and forecasted revenue values are in constant US dollars, unadjusted for inflation.
Report Includes:
- 32 data tables and 14 additional tables
- An overview of the global markets for composites in automotive applications
- Analyses of U.S. as well as international market trends with data from 2016 and 2017, and projections of CAGRs through 2022
- Coverage of reinforced plastics using mostly carbon fibers for strength with a wide array of resins
- A look at exterior steel structures, such as body panels, roofs, exterior doors, wheels, fenders, and other exterior parts
- Analyses of the interest in replacing steel with composite resins; the need to reduce the weight of autos to meet the 2025 strict government standard of about 55 mpg
- Thermoplastics to be used, including ABS, nylon, polyacetals, polypropylene, PVC, polycarbonates, and polyacrylates, among others, as well as polyurethanes
- Evaluation of the markets dynamics, specifically growth drivers, restraints, and opportunities
- Company profiles of major players in the market, including Albany Engineered Composites, DSM Engineering Plastics North America, Evonik Degussa GmbH, Mitsubishi Chemical Corp., and Toray Industries Inc.
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Reasons for Doing This Study
This study is an update of an earlier BCC Research report that was published in 2015. The automotive composites industry and markets have continued to develop in the years since the previous edition was published.
In the light of these developments, BCC Research has come to the conclusion that the future growth rate of this market will be substantially higher than that forecast in the 2015 report. This revised study
contains new market projections reflecting the higher growth rate.
Suppliers of composites to the automotive market need to understand these trends in order to manage their enterprise and resources effectively. Users of composites must also understand the effect of these changes in order to select the most cost-effective option among available products and technologies prior to committing significant capital resources.
Table of Contents
Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Information Sources
Methodology
Geographic Breakdown
Analyst's Credentials
Related BCC Research Reports
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Chapter 2 Summary and Highlights
Chapter 3 Market and Technology Background
Background
Reinforced Polymer Composites
General Description
Material Types
Thermoset Composites
Thermoplastic Composites
Importance of Reinforced Polymer Composites
Fuel Consumption in the Automotive Sector
Automotive Sector Contribution to Greenhouse Gases and Other Emissions
Role of Composites in Reducing Automotive Energy Consumption and Emissions
Motor Vehicle Production
Market Penetration
Composite Prices
Obstacles and Trade-Offs
Cost
Safety Aspects of Lightweight Materials
Durability/Reliability
Maintenance and Repair
Recycling and Sustainability
Crash Simulation
Conservatism
Chapter 4 Special Types of Reinforced Polymer Composite
Introduction
Carbon-Fiber Reinforced Composites
Background
Materials
Automotive Applications
Nanocomposites
Background
Materials
Suppliers
Automotive Applications
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Chapter 5 Competing Materials
Summary
Metals and Alloys
High-Strength Steel
Aluminum
Titanium
Magnesium
Plastics
Description
Material Types
Automotive Applications
Metal Matrix Composites
Description
Types of Materials
Automotive Applications
Hybrid Materials
Description
Material Types
Automotive Applications
Polymer Composites' Share of Automotive Lightweight Materials Consumption
Chapter 6 Market Breakdown by Type of Composite
Summary
Vehicle Weight and Materials Usage
Total Materials Usage
Composites Usage
Prices and Market Value
Carbon Reinforced Polymer Composites
Usage
Pricing and Market Value
Nanocomposites
Consumption
Pricing and Market Value
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