Press release
2017 Global Carbon Fiber in the Automotive Composites Market 2021
Description-
Carbon fiber is a thin filamentous substance composed of carbon atoms bonded in a microscopic crystal structure. Its excellent mechanical and chemical properties enable its application as a composite in the exterior, interior, chassis, and powertrain components of an automobile. The global carbon fiber in the automotive composite market is segmented by the material type into short fiber thermoplastic (SFT), sheet molding compound (SMC), long fiber thermoplastic (LFT), prepregs, and others.
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Technavios analysts forecast the global carbon fiber in the automotive composites market to grow at a CAGR of 9.68% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global carbon fiber in the automotive composites market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW
Technavio's report, Global Carbon Fiber in the Automotive Composites Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Cytec Solvay
Mitsubishi Chemical Holdings
Scott Bader
TEIJIN
TORAY INDUSTRIES
Other prominent vendors
China Composites Group
DowAksa
Formosa Plastic
Hexcel
Holding company "Composite"
Protech Composites
SAERTEX
Market driver
Excellent properties exhibited by carbon fiber
For a full, detailed list, view our report
Market challenge
Cost associated with carbon fiber
For a full, detailed list, view our report
Market trend
Increasing demand for fuel-efficient vehicles
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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