Press release
Fiber Reinforced Body Panels Market to Incur Rapid Extension During 2016 – 2026
Globally, fiber reinforced body panels market is gaining immense support which constitutes a foremost portion of the overall market. The automotive sector is one of the major end-use markets for fiber reinforced body panels market.
A growing alternative to steel in the fabrication of structural components and body panels; fiber reinforced body panels are the material of high-quality for passenger cars, light commercial vehicles, buses, and trucks. The growing market for electric vehicles is anticipated to drive the demand for fiber reinforced body panels. Some of these criteria are the result of legislation and regulation and some are the requirements of the customers.
The fiber reinforced body panel market is persistently finding innovative applications in automotive industry through developments in resin technology which will ensure dynamic future for fiber reinforced body panels as a cost effective substitute to outmoded materials. Although fiber reinforced body panels market offers energy and economic saving, eco-friendly matrices like UV-degradable plastic and bio-plastics can gain environmental sensitivity for fiber reinforced body panels adopted as Natural Fiber Reinforced Body Panels.
Fiber Reinforced Body Panels Market: Region-wise Outlook
Based on the geography the fiber reinforced body panels market is divided into seven key segments as North America, Asia-Pacific Excluding Japan (APEJ), Latin America, Eastern Europe, Western Europe, Middle-East & Africa (MEA), and Japan. Among these regions North America is expected to be the major emergent in fiber reinforced body panels market followed by Europe.
The demand for fiber reinforced body panels in increasing in this region due to rise in research & development activity for reinforcing material, growing demand for lightweight and efficient vehicles. North America insisting upon automotive industry to meet corporate average fuel efficiency standards (CAFE) by the end of forecast period, also enhances the demand for fiber reinforced body panels. APEJ region have high potential and scope for fastest growing market for fiber reinforced body panels especially in China, India, and South Korea, which are major automotive production hubs in APEJ region.
A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/12121
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, user types, end user industry and solution types.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.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 Fiber Reinforced Body Panels Market to Incur Rapid Extension During 2016 – 2026 here
News-ID: 688755 • Views: …
More Releases from Persistence Market Research
Investments in Port and Logistics Infrastructure Propel Shipping Containers Mark …
The shipping containers market is a critical component of global trade and logistics, facilitating the seamless movement of goods across countries. According to Persistence Market Research, the market is projected to reach US$10.2 billion in 2032, up from US$7.8 billion in 2025, expanding at a CAGR of 3.8% during the forecast period. The growth is closely tied to investments in port and logistics infrastructure, which enhance container handling efficiency and…
Rising Recreational Boating and Technological Advancements Accelerate Outboard E …
The outboard engines market is poised for remarkable growth in the coming years, driven by technological advancements, electrification, and an increasing global appetite for marine recreational activities. According to Persistence Market Research, the global outboard engines market is projected to grow from US$ 5,469.1 million in 2025 to US$ 8,279.6 million by 2032, reflecting a CAGR of 6.1%. This robust growth trajectory highlights the rising demand for efficient, environmentally friendly,…
Automotive Parts Aftermarket Outlook 2023-2033: Key Players Like Bosch, Denso, M …
The Automotive Parts Aftermarket has become a critical component of the global automotive ecosystem. According to Persistence Market Research, the market size reached US$ 548.5 billion in 2022 and is projected to expand to US$ 576.5 billion in 2023. With the replacement parts segment expected to achieve a total value of US$ 984.7 billion by 2033, the market is set to grow at a CAGR of 5.5% from 2023 to…
Centrifugal Pumps Market Set to Reach US$ 55.7 Billion by 2032, Insights from Pe …
The global centrifugal pumps market is poised for significant expansion, with the market projected to grow from US$ 41.2 billion in 2025 to reach US$ 55.7 billion by 2032, reflecting a CAGR of 4.4%. The growth is primarily fueled by increasing demand for efficient water management solutions across agriculture, industrial manufacturing, and municipal services. Centrifugal pumps play a crucial role in ensuring seamless fluid transfer, reducing energy consumption, and maintaining…
More Releases for Fiber
Fiber Laser Market Forecast to 2028 COVID-19 Impact and Global Analysis By Type …
The fiber laser market was valued at US$ 2286.16 million in 2021 and is projected to reach US$ 4,765.43 million by 2028; it is expected to grow at a CAGR of 11.1% from 2021 to 2028.
Automotive production is constantly rising across the world, particularly in Asian and European countries, which is driving the demand for fiber lasers. Most automotive manufacturers are rapidly turning to fiber lasers to resolve their manufacturing…
Pea Fiber Market Inclinations Exhibit Growing Demand during the Period until 202 …
The new report on the pea fiber market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2014 – 2018. This highly favorable growth of the pea protein creates a highly conducive environment for the associated pea fiber market, which is expected to exhibit a promising CAGR of ~8% during the forecast period (2019-2029. The business intelligence…
Optical Fiber and Optical Fiber Cables Market
Optical Fibers and Optical Fiber Cables Market describes its growth, size, share, Forecast and trends to 2025
Optical Fibers and Optical Fiber Cables Market Production and Demand Analysis 2019 to 2025
Optical Fibers and Optical Fiber Cables Market 2019 Manufacturing Analysis and Development Forecast to 2025
Optical Fibers and Optical Fiber Cables Market 2019: Recent Study Including Growth Factors, Regional Drivers, Forecast 2025
Optical Fibers and Optical Fiber Cables Market Insights 2019, Global and…
Aramid Fiber Market (Para-Aramid Fiber, Meta-Aramid Fiber) by Type, Application …
The aramid fiber market (http://www.rnrmarketresearch.com/aramid-fiber-market-by-type-para-aramid-fiber-meta-aramid-fiber-and-application-security-protection-frictional-material-tire-rubber-reinforcement-optical-fiber-electrical-insulation-aeros-market-report.html) is projected to grow from USD 3.28 billion in 2018 to USD 5.78 billion by 2024, at a CAGR of 9.9%. The increasing demand for lightweight materials for automotive components owing to stringent environmental and emission regulations is expected to drive the market in the automotive industry. In addition, the demand for lightweight and flexible materials for body armor, firefighting equipment, bulletproof vests, helmets, and…
Fiber-optic couplers Market Segmentation By Type Y Fiber-optic Couplers, T Fiber …
Fiber-optic couplers market: Market Overview
Due to increasing reliance of organizations on IT, the demand for robust, agile and cost effective IT infrastructure is growing rapidly and supporting the Fiber-optic couplers market. The fabric-optic couplers market is expanding rapidly as the telecom services providers in this modern era are moving towards fiber based networking services. Increasing advancements in the telecom industry are one of the major factors driving the growth of…
Fiber Laser Market 2025 - Global Analysis and Forecasts by Type (Infrared Fiber …
The "Global Fiber Laser Market Analysis to 2025" is a specialized and in-depth study of the fiber laser industry with a focus on the global market trend. The report aims to provide an overview of global fiber laser market with detailed market segmentation by type, application and geography. The global fiber laser market is expected to witness high growth during the forecast period. The report provides key statistics on the…
