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Argentina Automotive Composites Market Significant Growth in the upcoming period 2020 2026 Leading players -3B-Fiberglass, Base Group, BASF, BMW, Cytec Industries Ltd

08-24-2021 02:14 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Market Insights Reports

Latest research on Argentina Automotive Composites Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2021 to 2026 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the Argentina Automotive Composites market. This report included a special section on the Impact of COVID19. Also, Argentina Automotive Composites Market (By major Key Players, By Types, By Applications, and Leading Regions) Segment’s outlook, Business assessment, Competition scenario and Trends. The report also gives 360-degree overview of the competitive landscape of the Argentina Automotive Composites industry.

Argentina Automotive Composites market is growing at a CAGR of 5% during the forecast period (2021-2026).

The Argentina Automotive Composites market is highly competitive and consists of a number of major players. Top Companies like 3B-Fiberglass, Base Group, BASF, BMW, Cytec Industries Ltd., Delphi Technologies, Far-UK, General Motors Company, Gurit, John Manville

Download PDF Sample Copy of the Report:

https://www.marketinsightsreports.com/reports/10192353837/argentina-automotive-composites-market-growth-trends-and-forecasts-2020-2025/inquiry?Mode=VIIIXX

Industry News And Developments:

February 2020, Anand Group entered into a partnership with Far-UK to development of carbon fiber composites. The collaboration will focus on bringing out innovative solutions suited for reducing emissions. The product has the potential for Light Weighting in vehicles by almost 50%, with strength matching that of high strength alloy steel at the weight of aluminum.

Scope of the Report

- Owing to the demand of automobiles in the region, and increasing global temperature because of the emission of harmful gases in the atmosphere by automobiles the demand for light weight components are rising as they are more fuel efficient and reduces emission of these gases in the atmosphere.

- However, because of the ongoing trade war between United States and China along with the confusion over the emission standards in the region, the growth in automotive sector is slowing down and the automobile sales are expected to witness a downfall for a couple of years until the end of trade tensions.

Browse the Full report description and TOC at:

https://www.marketinsightsreports.com/reports/10192353837/argentina-automotive-composites-market-growth-trends-and-forecasts-2020-2025?Mode=VIIIXX

Key Market Trends

Trend to Decrease weight Driving Growth

Owing to the increasing pollution and decreasing air quality in the region, the demand for fuel efficient vehicles is enhancing in the region. The Auto manufacturers are investing heavily to reduce weight of the vehicle by using different polymers and fibers, to enhance the fuel efficiency of the vehicle and enhance demand in the region.

Composites, which essentially are composition of two of more constituent materials, form a substantial part of an automobile and, if smartly used, can lead to significantly lighter vehicles that are safer and more fuel-efficient.

Exterior Application Leading Market

During the year 2019, among the application types, exterior application was leading in the market. The growth of this segment of the market can be attributed to the increased demand for automotive composites to manufacture several exterior parts such as fenders, hoods, bumper beams, and deck lids of vehicles. The automotive composites are used to manufacture the exterior parts of vehicles as they result in their increased strength and lightweight. They also increase the durability of vehicles, thereby ensuring their long-life cycles and low maintenance costs. The exterior parts of vehicles manufactured from composites offer high stiffness, thereby resulting in minimum damages in case of accidents.

What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: Argentina Automotive Composites Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market. 

The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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