Automotive Composites Market expected to reach USD 14.01 Bn by 2029, Investment Feasibility and Competitive Landscape

Pune, 8, Feb, 2023: As per the report published by Maximize Market research, a global business research and consultancy firm, the total global market for "Automotive Composites Market" was USD 5.48 Bn in 2021 and is expected to grow at a CAGR of 12.45 percent over the forecast period to reach USD 14.01 Bn by 2029.

Automotive Composites Market Scope and Research Methodology

The market is segmented on the basis of Fiber, Resin, Manufacturing process and application. The report provides assessment of the Automotive Composites Market through present and future trends, competitive landscape, collaborations and investment of key industries in the market. The qualitative and quantitative data of Automotive Composites market is expected to assist market leaders in determining which factors are expected to drive the market. Bottom-up approach is used to estimate Automotive Composites Market size and value of the market and analysed through gross margin, revenue, market value and capacity to provide insight about the market. Every fact is noted and combined to create a full, well-evaluated data report for Automotive Composites Market. Primary and secondary research methods are used to collect data and later analysed by tools such as SWOT, PESTLE and PORTER's five force analysis.

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Automotive Composites Market Dynamics

Increased usage of lightweight materials with the deployment of cost-effective measures to reduce carbon emission are expected to drive the Automotive Composites market. The product offers superior strength to weight ratio and improves fuel efficiency of the vehicle. Development of electric and hybrid vehicles offering long travel distance and improvement in manufacturing time and capital cost are expected to support the Automotive Composites market growth. Due to reliability, quality and modern technology of global suppliers are expected to restrain new entrants in the Automotive Composites Market.

Automotive Composites Market Regional Insights

North America region held the largest share of Automotive Composites market in 2021 and expected to grow throughout the forecast period from 2022-2029. Due to innovations in vehicle manufacturing with lightweight component and outlook in an interior, structural and exterior applications are expected to fuel the industry in the North America region.

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Automotive Composites Market Segmentation

By Fiber:

Glass
Carbon
Natural

By Resin:

Thermoset
Thermoplastic

By Manufacturing Process:

Compression
Injection
Resin Transfer Moulding (RTM)

By Application:

Interior
Exterior
Structural & Powertrain

Automotive Composites Market Key Players Include:

ACP
Cytec Solvay Group
Hexcel Corporation
Johns Manville Corporation
Koninklijke Ten Cate
Owens Corning Corp.
Protech
SGL Group
Teijin Limited
Toho Tenax America
Toray Industries
Zoltek Carbon Fiber
Mitsubishi Chemical Holding Corporation (Japan)
Solvay SA (Belgium)
Gurit (Switzerland)
UFP Technologies Ltd. (US
Huntsman Corporation (US)
Hexion (US)
TPI Composites
GMS Composites
IDI Composites International
Revchem Composites
Formaplex
Owens Corning

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Table of Content for Automotive Composites Market:

Global Automotive Composites Market: Research Methodology

Global Automotive Composites Market: Executive Summary
Market Overview and Definitions
Introduction to Global Automotive Composites Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry

Global Automotive Composites Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact

Global Automotive Composites Market Segmentation
Global Automotive Composites Market, by Fiber (2021-2029)
Global Automotive Composites Market, by Resin (2021-2029)
Global Automotive Composites Market, by Manufacturing Process (2021-2029)
Global Automotive Composites Market, by Application (2021-2029)

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Regional Automotive Composites Market(2021-2029)
Regional Automotive Composites Market, by Fiber (2021-2029)
Regional Automotive Composites Market, by Resin (2021-2029)
Regional Automotive Composites Market, by Manufacturing Process (2021-2029)
Regional Automotive Composites Market, by Application (2021-2029)
Regional Automotive Composites Market, by Country (2021-2029)

Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments

Key Offerings:

Market Share, Size & Forecast by Revenue | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation - A detailed analysis by Fiber, Resin, Manufacturing process, Application and Region
Competitive Landscape - Top Key Vendors and Other Prominent Vendors

Maximize Market Research is leading Automotive and Transportation market research firm, has also published the following reports:

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Lightweight Materials Market: Global Industry Analysis and Forecast (2022-2029) - know more: https://www.maximizemarketresearch.com/market-report/global-lightweight-materials-market/55369/

Automotive Lightweight Materials Market - Global Industry Analysis and Forecast (2022-2029) - know more: https://www.maximizemarketresearch.com/market-report/global-automotive-lightweight-materials-market/32602/

Automotive Drivetrain Market: Industry Analysis and Size, Share, Growth Opportunity, Forecast to 2021 to 2029 - know more: https://www.maximizemarketresearch.com/market-report/automotive-drivetrain-market/147838/

Automotive Ultra capacitor Market - Global Industry Analysis and Forecast (2022-2027) - know more: https://www.maximizemarketresearch.com/market-report/automotive-ultracapacitor-market/147029/

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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