Press release
Automotive Polymer Composites Market Breakdown Data by Regions, Type, Manufacturers and Applications 2025
A composite is defined as a multiphase material that exhibits a significant proportion of properties of both constituent phases. It usually consists of a continuous phase, called the matrix, and a dispersed phase called the reinforcement. Polymer matrix composite is polymer-based reinforced material that is used in various end-use industries such as construction, transportation, oil & gas, sports, energy, aerospace, consumer goods, and electrical & electronics. The automotive industry is a prominent end-use industry for polymer composites. Various resins such as polypropylene, polycarbonates, polyamides, acrylonitrile-butadiene styrene, and other engineered plastics are employed, along with reinforcing fibers, to manufacture automotive polymer matrix composite. The global automotive polymer composites can be segmented into fiber used and application areas in the automotive industry. The most commonly used fibers for automotive application are carbon fiber and glass fiber. The carbon fiber reinforcement possesses diverse mechanical and physical characteristics such as a high strength to weight ratio and corrosion resistance. These properties allow it to be utilized to make lightweight and strong components. However, glass reinforcement is majorly produced due to its relatively low cost and competitive physical and mechanical characteristics.Request a Sample PDF Report: https://www.researchmoz.us/enquiry.php?type=S&repid=2020996
In 2017, Asia Pacific accounted for the largest market share in the automotive industry. Availability of low-cost raw materials, cheap labor, supportive government policies, and presence of many untapped markets in emerging economies are factors driving market growth. Steel is a major raw material used in automotive lightweight materials industry. China, India, and Japan are the worlds top three steel producers. Automobile companies are establishing production facilities in this region to gain a competitive advantage in terms of low production cost and proximity to end-use markets.
Global Automotive Polymer Composites market size will reach xx million US$ by 2025, from xx million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Automotive Polymer Composites.
This industry study presents the global Automotive Polymer Composites market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Automotive Polymer Composites production, revenue and market share by manufacturers, key regions and type;
The consumption of Automotive Polymer Composites in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders AkzoNobel, SABIC, etc.
The following manufacturers are covered in this report:
AkzoNobel
SABIC
BASF
Momentive Specialty Chemicals
Bayer Material Science
Lear Corp.
Quadrant AG
Borealis
Teijin Ltd.
Johnson Controls
Evonik Industries
the Dow Chemical Co.
View Complete TOC with Tables and Figures index at: https://www.researchmoz.us/global-automotive-polymer-composites-market-insights-forecast-to-2025-report.html/toc
Automotive Polymer Composites Breakdown Data by Type
Epoxy
Polyurethane
Polyamide
Polypropylene
Polyethylene
Polyester
Vinyl Ester
Other Resins
Automotive Polymer Composites Breakdown Data by Application
Conventional Vehicles
Electric Vehicles
Trucks & Buses
Automotive Polymer Composites Production by Region
United States
Europe
China
Japan
South Korea
India
Other Regions
Automotive Polymer Composites Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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