openPR Logo
Press release

Automotive Composites Market Research Reports Offers Key Insights

03-21-2017 07:32 AM CET | IT, New Media & Software

Press release from: Future Market Insights

Automotive Composites Market Research Reports Offers Key

The growing technological advancement and consistent focus on high performance vehicle has surged demand for automotive composites. A composite is a composition of two or more chemically different phases and insoluble materials which are of high performance fiber like carbon or glass in a matrix material like epoxy polymer that when combined with each other provides much more enhanced properties as compared with the properties of the individual materials itself. Such composites when deployed in automobiles and automotive are then called automotive composites. The main advantage of using automotive composites in the manufacturing of vehicles like cars, trolleys, trucks etc. is that they are approximately 60% lighter than steel or iron and are good in terms of stiffness and strength. Moreover, automotive composites are corrosion resistant unlike steel. Vehicle weight is an important factor in respect to performance of a vehicle. Automotive composites can significantly increase the fuel economy of the vehicle by reducing the vehicle weight. Automotive composites can be added to the vehicle’s body in a single layer as well as in multiple layers. One material between two other materials when mixed gives a sandwich composite which can be used in the construction of the roof and inner coatings of the vehicle. The automotive composites are used in the manufacture and refurbishing of vehicles like cars, utility vehicles, and inner coatings of vehicles, trucks, buses and vehicle interiors. Automotive composites increase the vehicle’s resistance to heat as well as reduces the external impact on the vehicle.

Global Automotive Composites Market: Segmentation

On the basis of composite material type, the global automotive composites market can be segmented into:

Metal Composites

Polymer Composites

Natural Fiber Composites

Glass Fiber Composites

Carbon Fiber Composites

Ceramic Matrix Composites

Request For Report Sample: http://www.futuremarketinsights.com/reports/sample/rep-gb-1216

On the basis of manufacturing process, the global automotive composites market can be segmented into:

Compression Process

Injection Process

Manual Process

Others

On the basis of composite component application, the global automotive composites market can be segmented into:

Engine Components

Drivetrain Components

Interior Component

Exterior Components

Others

Global Automotive Composites Market: Drivers & Restraints

Increasing urban population is the key factor driving the growth of the global automotive composites market. Moreover, rising industrialization in developing countries like India, China etc. is a key element encouraging the deployment of automotive manufacturing facilities in these countries. Increasing automobile production globally is a major factor fuelling the growth of the overall global automotive composites market. Further, increasing carbon emissions from vehicles is promoting the governmental bodies to revamp several aspects in a way to adhere to environmental regulations and norms thus boosting the growth of the global automotive composites market. Since deployment of automotive composites in vehicles increase the vehicle’s fuel efficiency and reduces the vehicle weight by 60%, customers are more tending towards vehicles made of automotive composites thus driving the growth of the global automotive composites market. Increased demand for electric and hybrid vehicles are also boosting the growth of the market.

Request For TOC: http://www.futuremarketinsights.com/toc/rep-gb-1216

The high cost of manufacturing composite materials is the major challenge faced by the global automotive composites market. Moreover, use of automotive composites in high end vehicle models is acting as a challenge to the growth of the global automotive composites market as customers prioritize to buy mid-range vehicles instead of high end vehicles. Moreover, manufacturing of automotive composites take a much longer time than steel and aluminum thus this factor is also acting as a minor restraint in the market.

Global Automotive Composites Market: Key Players

The key players identified in the global automotive composites market are:

Owens Corning

Toray Industries Inc

Johns Manville

Cytec Market Industries

SGL Group

Nippon Sheet Glass Company

Teijin Limited

Jushi Group Co, Ltd.

SAERTEX GmbH & Co. KG

Johnson Controls, Inc.

E.I. du Pont de Nemours and Company

UFP Technologies, Inc.

Scott Bader Company Ltd.

Koninklijke Ten Cate N.V.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automotive Composites Market Research Reports Offers Key Insights here

News-ID: 475516 • Views: 184

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for Composites

Construction Composites Market 2018 Global players Trex Company, Diversified Str …
Growing construction activities in the emerging countries due to massive government investments to improve public infrastructure will boost the construction composites market size by 2025. For instance, in India USD 2.4 billion project is currently in progress to build the Navi Mumbai International Airport that started in March 2015 and is expected to be completed till 2019. Similarly, UAE has been making considerable investment in constructing ports which was valued
Construction Composites Market 2024 Global key players Diversified Structural Co …
Construction Composites Market for commercial applications is projected to rise at a CAGR of more than 4.5% by 2025. Commercial construction includes bridges, tunnels, airports, roads, hospitals, etc. Government has been making substantial investment to improve the infrastructure, which in turn will propel the construction composite market size by 2025. For instance, government of India have announced spending USD 59 billion to modernize its infrastructure in the coming years which
Global Rail Composites Market Research Report 2018 | Applications Analysis and K …
Researchmoz added Most up-to-date research on "Global Rail Composites Market Research Report 2018" to its huge collection of research reports. This report studies the global Rail Composites market status and forecast, categorizes the global Rail Composites market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central & South America, and
Global Construction Composites Market 2018 - Exel Composites, Trex Company Inc.
The Global Construction Composites market 2018 delivers detailed prognosis on current and forecast market situation of Construction Composites market in the assessment period, 2018-2025 based on the market’s growth history, sales channel, and manufacturers in the Construction Composites industry. The report also reveals market share of product type, application and scope of a region in detail. The Construction Composites report also consists of key drivers and limiting factors affecting the
Nonwoven Composites Market Report 2017
Nonwoven Composites Market Report 2017 Nonwoven Composites market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Access Full Report : https://www.reportsandmarkets.com/reports/asia-pacific-nonwoven-composites-market-report-2017-1732204 Geographically, this report split Asia-Pacific into several key Regions, with sales (K sqm), revenue (Million USD), market share and growth rate of Nonwoven Composites for these regions,
Construction Composites Market Share 2017 Strongwell, Exel Composites, Trex Comp …
Global Construction Composites Market Research Report Worldwide Construction Composites 2017 Research Report presents a professional and complete analysis of Global Construction Composites Market on the current situation. Construction Composites Market report includes development plans and policies along with Construction Composites manufacturing processes and price structures. Global Construction Composites Market 2017 research report offers the analytical view of the industry by studying different factors like Construction Composites market growth, consumption volume, Construction