Automotive Composites Market Growth is Accelerated by Revolutionary Steps Taken by Key Players –

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Increasing awareness among OEMs regarding stringent government regulations and rising demand for electric vehicles are some key factors driving market revenue growth

The latest Automotive Composites Market report comprises an extensive analysis of the micro- and macro-economic indicators that influence the global market development during the forecast period of 2020-2028. Most importantly, the document empowers business owners to seek information about potential consumers and where they can find them. With an exclusive coverage of the top vendors, the study enables business owners to know more about the local market and locate potential consumers.

A lighter vehicle body enables battery reduction while maintaining range in electric vehicles. Lowering the weight of vehicle body and battery pack has a compounding impact on overall vehicle weight reduction by allowing other components including the brake system and driving trains to be downsized. At the same powertrain power and torque levels, reduced weight lowers emissions and enhances performance of Internal Combustion Engine (ICE) vehicles.

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Competitive Outlook:

The global Automotive Composites market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector.  The global Automotive Composites market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.

Some of the key participants in this industry include:

SGL Carbon SE, Toray Industries, Inc., Mitsubishi Chemical Holdings Corporation, Teijin Limited, Hexcel Corporation, UFP Technologies, Inc., Solvay S.A., Hexion Inc., Huntsman Corporation, and Gurit Holding

The competitive analysis also includes regional analysis of major geographical regions. The report covers regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The report also offers a country wise analysis to impart better understanding of the global Automotive Composites market with regards to market share, market size, production and consumption ratio, product launches and RD activities, investment opportunities, and presence of key players in the region.

The report further segments the global Automotive Composites market on the basis of product types and applications and provides insights into key factors influencing the revenue growth of the segments.

Automotive Composites segmentation based on product types:

Emergen Research has segmented the global automotive composites on the basis of fiber type, product, resin type, manufacturing process, application, and region:

  • Fiber Type Outlook (Volume Tons, Revenue, USD Billion; 2018–2028)
    • Carbon Fiber Reinforced Plastic (CFRP)
    • Glass Fiber Reinforced Plastic (GFRP)
    • Natural Fiber (NF)
  • Product Outlook (Volume Tons, Revenue, USD Billion; 2018–2028)
    • Metal Matrix Composites
    • Polymer Matrix Composites
    • Ceramic Matrix Composites
  • Resin Type Outlook (Volume Tons, Revenue, USD Billion; 2018–2028)
    • Thermoset
    • Thermoplastic
  • Manufacturing Process Outlook (Volume Tons, Revenue, USD Billion; 2018–2028)
    • Injection Molding
    • Compression Molding
    • Resin Transfer Molding (RTM)
    • Others

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Global Automotive Composites Market Report – Table of Contents:

  • Chapter 1 includes the global Automotive Composites market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
  • Chapter 2 broadly categorizes the Automotive Composites market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
  • Chapter 3 elaborates on the competitive outlook of the Automotive Composites market, focusing on the major manufacturers and vendor landscape.
  • Chapter 4 exhaustively studies the key manufacturers of the Automotive Composites industry, along with their anticipated sales and revenue shares.
  • Chapters 5 includes market segmentation based on product type, application range, and market players.

The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.

Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa.

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