Automotive Composites Market Intelligence Report: Analyzing Key Futuristic Trends, Research Methodologies, and Competitive Landscape until 2029

The report offers detailed insights into the drivers, growth prospects, and factors directly influencing the market. The market study provides an in-depth analysis of the international Automotive Composites Market, focusing on key factors such as drivers, sales inquiries, market boundaries, and market share. The report also emphasizes the assessment of market size in four key regions: North America, Europe, Asia-Pacific, and Rest of the World. This research study aims to provide readers with a comprehensive evaluation of current industry trends and breakdowns.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 + 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐓𝐎𝐂 ➡️ https://www.reportsnreports.com/contacts/requestsample.aspx?name=1190764

𝐓𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐩𝐫𝐨𝐯𝐢𝐝𝐞𝐬 𝐚 𝐜𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐜𝐨𝐦𝐩𝐚𝐧𝐲 𝐩𝐫𝐨𝐟𝐢𝐥𝐞𝐬 𝐥𝐢𝐬𝐭𝐞𝐝 𝐛𝐞𝐥𝐨𝐰:
Toray Industries Inc. (Japan),
Teijin Limited (Japan),
Mitsubishi Chemical Holding Corporation (Japan),
Hexcel Corporation (US),
Solvay SA (Belgium),
Owens Cornings (US)
Gurit (Switzerland),
UFP Technologies Ltd. (US),
Huntsman Corporation (US),
Hexion (US),

The report encompasses global Automotive Composites market research data from various companies, including benefits, gross margins, strategic decisions in the global market, and more, presented through tables, charts, and infographics. Other critical aspects explored in this report include demand and supply dynamics, import and export scenarios, R&D development activities, industry advancements, and cost structures. Additionally, the report estimates consumption demand and supply figures, production costs, and product selling prices.

This report serves as a valuable resource for new entrants and stakeholders seeking to understand the complete market dynamics of the Automotive Composites industry. It examines the competitive landscape and future market outlook, considering various factors such as Porter's Five Forces analysis and the influence of related markets. The report also delves into the portfolios of key market players operating in the sector, offering a comprehensive analysis of the products and services they provide.

Furthermore, the report aids readers in assessing the impact of government regulations during the Covid-19 pandemic and provides insights into market performance throughout the global pandemic. The Global Automotive Composites Market report also sheds light on the major players in the industry, offering information about their product portfolios, business strategies, company profiles, and revenue shares. Finally, the study defines the strategies adopted by industry leaders, such as partnerships, development initiatives, collaborations, joint projects, and other endeavors aimed at enhancing their status in the sector.

"The automotive composites market is projected to register a CAGR of 12.1%, in terms of value, between 2022 to 2027.''

The automotive composites market size is expected to grow from USD 7.2 billion in 2022 to USD 14.3 billion by 2028 growing at a CAGR of 12.1% between 2023 to 2028. Automotive composites have different applications, such as exterior, interior, powertrain & chassis, and battery enclosures. Advantages like lightweight and high weight to strength ratio make it suitable for fuel efficient vehicle as well as emerging trend of electric cars. These major factors are responsible for the growth of automotive composites market.

''Glass fiber segment accounted for the largest share, in terms of value & volume, of the overall automotive composites market.''

Carbon fiber composites are expected to grow with the highest CAGR of 14.6% and 13.5%, in terms of both value and volume respectively between 2023 and 2028.However,Glass fiber segment holds the largest share of in the overall automotive composites market. Owing to the advantages such as lightweight, flexibility, stability, strength, durability, and resistance to heat, temperature, & moisture along with the cost effectiveness when compared to carbon fiber, glass fiber is choice of material for automotive composite manufacturer. In automotive industry, glass fibers are used in different applications such as front-end modules, deck lids, underbody systems, bumper beams, engine cover instrument panels, and air ducts, among many other body parts.

"Exterior application let the market of automotive composites in terms of value."

The parts of the car that are placed on the outer surface of the monocoque are termed as the exterior parts of the car body. This segment includes components such as front-end module, door panels, bumper beam, fender, and hood, among others. These composites provide multiple advantages like high stiffness, lightweight, and high strength to weight to ratio to automakers which help them to make fuel efficient cars. The use of composites in different applications in automotive industry is an emerging trend due to the superior properties of composites along with the weight reduction. The composites exterior parts impart rigidity thereby offering minimum risk against damage in the event of accident. The exterior parts of the car are more prone to wear and tear owing to exposure to harsh elements and extreme weather.

➡️ 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 @ https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=1190764

Reasons to buy this report:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall automotive composites market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Research Coverage

This report covers the global automotive composites market and forecasts the market size until 2028. It includes the following market segmentation-fiber (glass, carbon, others), resin (thermoset and thermoplastic), manufacturing process(compression molding, injection molding, RTM, others), application (exterior, interior, powertrain, chassis), vehicle type (non-electric, electric)and Region (Europe, North America, Asia Pacific, Latin America and Middle Eat & Africa). Porter's Five Forces Analysis, along with the drivers, restraints, opportunities, and challenges, have been discussed in the report. It also provides company profiles and competitive strategies adopted by the major players in the global automotive composites market.

This release was published on openPR.