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Automotive Composite Market is Likely to Grow at a CAGR of 8.7% during 2016-2024

03-14-2019 07:54 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Goldstein Research

According to Goldstein Research, major driver in the global automotive composite market is growing environmental concerns and stringent emission norms. Automobile manufacturers are providing innovative composite parts in their vehicles in order to increase the fuel efficiency by reducing its overall weight. For instance, Dymag a performance alloy wheel manufacturer introduced carbon composite car wheels which are 40% lighter than equivalent ORM aluminium alloy wheels of the same size. Goldstein Research analyst forecast the global automotive composite market to expand at a CAGR of 8.7% during the forecast period 2016-2024. Further, the market is anticipated to reach USD 10.6 billion by the end of forecast period.

Download Exclusive Sample Report: https://www.goldsteinresearch.com/request-sample/global-automotive-composite-market

Market Segmentation
On the basis of our in-depth analysis, global automotive composite market can be segmented as follows:

By Product Type
Metal Composites
Polymer Composites
Natural Fiber Composites
Glass Fiber Composites
Carbon Fiber Composites
Ceramic Matrix Composites
By Resin Type
Thermoplastic Composites
Thermoset Composites
By Application Type
Interior
Exterior
Chassis & power train components
Others (Electrical and Electronics, etc.)
Based on Geography
North America (U.S. & Canada) Automotive composite Market {Market Share (%), Market Size(USD Billion)}
Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Automotive composite Market {Market Share (%), Market Size(USD Billion)}
Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden &RoE) Automotive composite Market {Market Share (%), Market Size(USD Billion)}
Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Automotive composite Market {Market Share (%), Market Size(USD Billion)}
Middle East & Africa (GCC, South Africa, North Africa, RoMEA) Automotive composite Market {Market Share (%), Market Size(USD Billion)}
Global Automotive Composite report by Goldstein Research contains detailed overview of the global automotive composite market. Further, for the in-depth analysis, Global Automotive Composite Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Mitsubishi, Toray Industries, SGL, Toho Co. Ltd., Teijin, Cytec Solvay, BASF, Delphi, Johns Manville, Nippon Sheet Glass Co. Ltd. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global automotive composite market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players examining possibilities and other stakeholders to bring into line their market centric approaches according to the ongoing and expected trends in the future.

Browse Full Report: https://www.goldsteinresearch.com/report/global-automotive-composite-market

Key queries countered in this global automotive composite market report

What is the global automotive composite market size by 2024 and what would be the expected growth rate of sales?
What are the automotive composite market trends?
What are the dynamics which are driving this market?
What are the major barriers to automotive composite market growth?
Who are the prominent vendors in this market space?
What are the market prospects for the current and entry level players?

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the industry, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts.

Our industry research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts are working on automotive industry analysis to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current industry scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.

Goldstein Research
99 Wall Street, Suite No 527, New York, NY 10005

Contact for more Info:

Steve Blade

(Global Sales Head)

USA: + 1-646-568-7747

Canada: 1-437-886-1181

UK: +44-203-318-6627

sales@goldsteinresearch.com

www.goldsteinresearch.com

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