Automotive Composites Market Size, Share, Analysis Report

Automotive Composites Market By Fibre Type (Carbon, Glass); By Resin Type (Thermoplastic, Thermoset); By Application (Polyester, Vinylester, Epoxy); By Manufacturing Process (Compression Molding, Injection Molding, Resin Transfer Molding (RTM)) and by Regional Analysis - Global Forecast by

The Automotive Composites Market is expected to be around US$ 16.50 Billion by 2027 at a CAGR of 5.7% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • SGL Group
  • Solvay S.A
  • UFP Technologies Inc
  • Koninklijke Ten Cate B.V
  • Gurit
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    5

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The demand for automotive vehicles increases across the world, the demand for top performance vehicles will increase significantly. Automotive makers across the world are focusing on reducing the weight of vehicles. That apart, emission control and improved performance characteristics are the other objectives that world automotive makers aim to achieve. The demand for lightweight materials, like carbon fibre composites, is predicted to increase considerably within the returning years, that is predicted to promote the growth of the automotive composites market in near future.

    How Big is The Automotive Composites Market?

    The Automotive Composites Market is expected to be around US$ 16.50 Billion by 2027 at a CAGR of 5.7% in the given forecast period.

    The major driving factors of Automotive Composites Market are as follows:

    • Increase in the Demand for Lightweight and Fuel-Efficient Vehicles

    The major restraining factors of Automotive Composites Market are as follows:

    • High Production Cost of Composites

    The Automotive Composites Market has been segmented as below:

    By Fibre Type:

    • Carbon
    • Glass
    • Others

    By Resin Type:

    • Thermoplastic
    • Polypropylene
    • Polyamide
    • Polyphenylene Sulfide
    • Others
    • Thermoset
    • Polyester
    • Vinylester
    • Epoxy
    • Others

    By Application:

    • Polyester
    • Vinylester
    • Epoxy
    • Others

    By Manufacturing Process:

    • Compression Molding
    • Injection Molding
    • Resin Transfer Molding (RTM)
    • Others

    The Automotive Composites Market is segmented on the lines of its fibre type, resin type, application, manufacturing process and regional. Basis of fibre type is segmented into Carbon, Glass and Others. Based on resin type it covers Thermoplastic and Thermoset. Basis of application type is segmented into Interior, Exterior, Powertrain and Chassis. Basis of manufacturing process type is segmented into Compression Molding, Injection Molding, Resin Transfer Molding (RTM) and Others. The Automotive Composites Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, and Rest of World. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

    This report provides:
    1) An overview of the global market for Automotive Composites Market and related technologies.
    2) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.
    3) Identifications of new market opportunities and targeted promotional plans for Automotive Composites Market.

    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry. 

    Report scope:

    The scope of the report includes a detailed study of Automotive Composites Market with the reasons given for variations in the growth of the industry in certain regions.

    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include SGL Group, Solvay S.A, UFP Technologies, Inc, Koninklijke Ten Cate B.V, Gurit, Toho Tenax Co. Ltd, Mitsubishi Chemical Corporation, Plasan Carbon Composites, Continental Structural Plastics Inc, Owens Corning, 3B Fiberglass Company, Hexcel Corporation, Mubea Carbo Tech GmbH, Quantum Composites and GMS Composites. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

    The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

    Reasons to Buy this Report:
    1) Obtain the most up to date information available on all Automotive Composites Market.

    2) Identify growth segments and opportunities in the industry.

    3) Facilitate decision making on the basis of strong historic and forecast of Automotive Composites Market.

    4) Assess your competitor’s refining portfolio and its evolution.

    Customization:

    We can offer you custom research reports as per client’s special requirements.

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    1.    Introduction
        1.1    Report Description
        1.2    Markets Covered
        1.3    Stakeholders

    2.    Research Methodology
        2.1    Research Data
        2.2    Market Size Estimation and Data Triangulation
        2.3    Research Assumptions

    3.    Report Summary

    4.    Market Overview
        4.1    Introduction
        4.2    Drivers
        4.3    Restrains
        4.4    Industry Trends
        4.5    Porter’s Five Forces Analysis

    5.    Automotive Composites Market Analysis, By Fiber Type
        5.1    Carbon
        5.2    Glass
        5.3    Others

    6.    Automotive Composites Market Analysis, By Resin Type
        6.1    Thermoplastic
            6.1.1    Polypropylene
            6.1.2    Polyamide
            6.1.3    Polyphenylene Sulfide
            6.1.4    Others
        6.2    Thermoset
            6.2.1    Polyester
            6.2.2    Vinylester
            6.2.3    Epoxy
            6.2.4    Others

    7.    Automotive Composites Market Analysis, By Application
        7.1    Interior
        7.2    Exterior
        7.3    Powertrain
        7.4    Chassis

    8.    Automotive Composites Market Analysis, By Manufacturing Process
        8.1    Compression Molding
        8.2    Injection Molding
        8.3    Resin Transfer Molding (RTM)
        8.4    Others

    9.    Automotive Composites Market Analysis, By Region
        9.1    North America
        9.2    Europe
        9.3    Asia-Pacific
        9.4    Rest of the World

    10.    Competitive Overview
        10.1    Introduction
        10.2    New Product Launches
        10.3    Acquisitions
        10.4    Agreements, Partnerships, And Collaborations
        10.5    Expansions

    11.    Company Profiles
        11.1    SGL Group
        11.2    Solvay S.A.
        11.3    Plasan Carbon Composites
        11.4    Hexcel Corporation
        11.5    Mubea Carbo Tech GmbH
        11.6    UFP Technologies, Inc.
        11.7    Koninklijke Ten Cate B.V.
        11.8    Gurit
        11.9    Toho Tenax Co. Ltd.
        11.10    Mitsubishi Chemical Corporation
        11.11    Quantum Composites
        11.12    GMS Composites
        11.13    Continental Structural Plastics Inc.
        11.14    Owens Corning
        11.15    3B Fiberglass Company

    The Automotive Composites Market has been segmented as below:

    By Fibre Type:

    • Carbon
    • Glass
    • Others

    By Resin Type:

    • Thermoplastic
    • Polypropylene
    • Polyamide
    • Polyphenylene Sulfide
    • Others
    • Thermoset
    • Polyester
    • Vinylester
    • Epoxy
    • Others

    By Application:

    • Polyester
    • Vinylester
    • Epoxy
    • Others

    By Manufacturing Process:

    • Compression Molding
    • Injection Molding
    • Resin Transfer Molding (RTM)
    • Others

    By Regional Analysis:

    •     North America
    •     Europe
    •     Asia-Pacific
    •     Rest of the World

     

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    The market is expected to grow at a CAGR of 5.7% during the study period (2022-2027)
    The Automotive Composites Market is expected to be around US$ 16.50 Billion by 2027
    The segment included in Automotive Composites Market is Fibre Type, Resin Type, Application, Manufacturing Process and region.
    Some key players operating in the Automotive Composites Market include SGL Group, Solvay S.A, UFP Technologies, Inc, Koninklijke Ten Cate B.V, Gurit, Toho Tenax Co. Ltd, Mitsubishi Chemical Corporation, Plasan Carbon Composites
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