Global Automotive Composites Market is Projected to Exhibit a CAGR of Over 08.8% During 2017 – 2022

Automotive Composites market is projected to grow at a CAGR of 8.08% over the projected period to reach US$7.322 billion by 2022, from US$4.965 billion in 2017. High fuel prices and mounting concerns over the availability of limited non-renewable resources is driving the demand for fuel efficient vehicles, thereby propelling the automotive composites market growth. Moreover, the need to reduce carbon emissions in automotive due to environmental regulations along with strict automotive regulatory requirements further contribute to the market growth to an extent. Superior properties and advantages of composites such as reduction in overall weight of the vehicle, resistance to chemical corrosion and improved performance are augmenting its adoption over the forecast period. However, the high cost of composites and rising concerns over recyclability may impede the market growth.

Asia Pacific is a large market for automotive composites and is also expected to grow at a high rate over the projected period. The high consumption of automobile owing to large population base with growing middle class, especially in emerging economies like India and China, drive the regional market growth. Moreover, growing demand for fuel efficient and green vehicles due to rising environmental concerns and strict regulations significantly contributes to the automotive composites market growth in this region. International players are increasingly expanding their reach in Asia Pacific region through partnerships, product launch, and agreements. This enhances the opportunities for vendors, which in turn will augment automotive composites market growth in coming years

The major players discussed in the report include Toray Industries, Cytec Industries, TenCate, Owens Corning, Johns Manville, Jushi Group, Nippon Sheet Glass, Ford, SGL Group, and Volkswagen. The global automotive composites market is moderately fragmented with large players dominating the market. Product innovation and product line expansion through integration are some of the key strategies being adopted by the players to maintain a competitive edge.

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Automotive Composites market has been segmented by type, application, and geography as below:

By Type
Polymer Matrix
Glass Fiber
Natural Fiber
Carbon Fiber
Ceramic Matrix
Metal Matrix

By Application
Exterior
Interior
Structural
Chassis and Powertrain
Others

By Geography
Americas
North America
U.S.
Canada
Mexico
Others
South America
Brazil
Argentina
Others
Europe Middle East and Africa
Europe
UK
Germany
France
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
Japan
China
India
Australia
Others

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Table of Content

1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1. Market Overview and Segmentation
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Supplier Outlook
4.6. Industry Outlook
4.7. Porter’s 5 Forces Analysis
4.8. Industry Value Chain Analysis
4.9. Industry Regulations
4.10. Scenario Analysis
5. Global Automotive Composites Market Forecast by Type (US$ billion)
5.1. Polymer Matrix
5.1.1. Glass Fiber
5.1.1.1. Market Size and Forecasts to 2022
5.1.2. Natural Fiber
5.1.2.1. Market Size and Forecasts to 2022
5.1.3. Carbon Fiber
5.1.3.1. Market Size and Forecasts to 2022
5.2. Ceramic Matrix
5.2.1.1. Market Size and Forecasts to 2022
5.3. Metal Matrix
5.3.1.1. Market Size and Forecasts to 2022
6. Global Automotive Composites Market Forecast by Application (US$ billion)
6.1. Exterior
6.1.1. Market Size and Forecasts to 2022
6.2. Interior
6.2.1. Market Size and Forecasts to 2022
6.3. Structural
6.3.1. Market Size and Forecasts to 2022
6.4. Chassis and Powertrain
6.4.1. Market Size and Forecasts to 2022
6.5. Others
6.5.1. Market Size and Forecasts to 2022
7. Global Automotive Composites Market Forecast by Geography (US$ billion)
7.1. Americas
7.1.1. North America
7.1.1.1. U.S.
7.1.1.1.1. Market Size and Forecasts to 2022
7.1.1.2. Canada
7.1.1.2.1. Market Size and Forecasts to 2022
7.1.1.3. Mexico
7.1.1.3.1. Market Size and Forecasts to 2022
7.1.1.4. Others
7.1.1.4.1. Market Size and Forecasts to 2022
7.1.2. South America
7.1.2.1. Brazil
7.1.2.1.1. Market Size and Forecasts to 2022
7.1.2.2. Argentina
7.1.2.2.1. Market Size and Forecasts to 2022
7.1.2.3. Others
7.1.2.3.1. Market Size and Forecasts to 2022
7.2. Europe Middle East and Africa
7.2.1. Europe
7.2.1.1. UK
7.2.1.1.1. Market Size and Forecasts to 2022
7.2.1.2. Germany
7.2.1.2.1. Market Size and Forecasts to 2022
7.2.1.3. France
7.2.1.3.1. Market Size and Forecasts to 2022
7.2.1.4. Others
7.2.1.4.1. Market Size and Forecasts to 2022
7.2.2. Middle East and Africa
7.2.2.1. Saudi Arabia
7.2.2.1.1. Market Size and Forecasts to 2022
7.2.2.2. Israel
7.2.2.2.1. Market Size and Forecasts to 2022
7.2.2.3. Others
7.2.2.3.1. Market Size and Forecasts to 2022
7.3. Asia Pacific
7.3.1. Japan
7.3.1.1.1. Market Size and Forecasts to 2022
7.3.2. China
7.3.2.1.1. Market Size and Forecasts to 2022
7.3.3. India
7.3.3.1.1. Market Size and Forecasts to 2022
7.3.4. Australia
7.3.4.1.1. Market Size and Forecasts to 2022
7.3.5. Others
7.3.5.1.1. Market Size and Forecasts to 2022
Continue..

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