Press release
Carbon Fiber Automotive Market 2018 Global Industry Forecast To 2023: Key Players - Toray, Hexcel, Cytec Solvey, SGL, DOWAKSA, Hyosung, Formosa Plastic, and 3MB
Carbon Fiber Automotive Market Global forecast to 2023 research report 2018 predicts future market trends, size, share, and drivers, restraints throughout the forecast period from 2018 to 2023. Carbon Fiber Automotive Market by Material Type (Sheet Molding Compound (SMC), Short Fiber Thermoplastic (SFT), Long Fiber Thermoplastic (LFT), Prepreg, and Others), Application Type (Exterior, Power Train System, Under Body System, Chassis System, Interior, And Others), Vehicle Type (Passenger Car and Commercial Vehicle), and region. The Carbon Fiber Automotive market has registered high growth in recent times on account of growing demand.Global automotive Carbon Fiber market is expected to grow at CAGR of around 10.55% from 2018 to 2023. Carbon Fiber Automotive Market report executes the great study of Price and Gross Margin, Capacity, Production, Revenue, geographical zones, technology, demand-supply, Consumption, Import, Export, and Opportunities.
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Key Players In Carbon Fiber Automotive Market: Toray (Japan), Hexcel (U.S.), Cytec Solvey Group (U.S.), SGL (Germany), DOWAKSA (Turkey), Hyosung Corporation (South Korea), Formosa Plastic Corp (Taiwan), and Holding Company "Composite" (Russia), ZOLTEK (U.S.), Axon (U.K.), Plasan Carbon Composites (U.S.), 3MB Co., Ltd. (Thailand), GURIT (Switzerland), Rivers Carbon Technologies (New Zealand), and Sigmatex Ltd (England).
The factors supporting the growth of carbon fiber in automotive, are increased safety in the vehicle, growing technology development, increase in the sales of vehicle, and rise in government regulations to meet fuel efficiency of the vehicle. The growing technology for light weight material is expected to drive the market in the future. The lightweight materials help increase the fuel efficiency and the performance of the vehicle. This increased performance will drive vehicle purchase, which will drive the market. The carbon fiber has various applications such as the exteriors, power train system, under body system, chassis system, and the interior. The increase in use of carbon fiber in automotive industry, is expected to drive the market in near future.
Carbon Fiber Automotive Market Segment Analysis: The carbon fiber in automotive market is segmented based on material type, application type, vehicle type, and region. On the basis of material type, the market is segmented based on Sheet Molding Compound (SMC), Short Fiber Thermoplastic (SFT), Long Fiber Thermoplastic (LFT), Prepreg, and Others. LFT is expected to dominate the carbon fiber in automotive market during the forecast period. It is used where there is prime requirement for higher strength, high resistance to chemicals, heat and corrosion. This property of LFT will increase the demand of this segment in future. On the basis of application type, the market has been segmented as exterior, power train system, under body system, chassis system, interior, and others. Exterior segment is expected to dominate the market in future due to increased demand for carbon fire in exterior components.
Regional Analysis of Carbon Fiber Automotive Market: This study provides an overview of the global carbon fiber in automotive market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Carbon Fiber in Automotive market by its material type, application type, vehicle type, and region
Intended Audience: Report analyzes Carbon Fiber Automotive manufacturing companies, service providers and Government as well as Independent Regulatory Authorities.
Table of Content:
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 DEFINITION
2.2.2 RESEARCH OBJECTIVE
2.2.3 ASSUMPTIONS
2.2.4 LIMITATIONS
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1 PORTER’S FIVE FORCES ANALYSIS
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 THREAT OF SUBSTITUTES
3.1.4 SEGMENT RIVALRY
3.1.5 BARGAINING POWER OF BUYERS
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS Continued…
Browse complete report at: https://www.marketresearchfuture.com/reports/carbon-fiber-automotive-market-5390
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