Automotive Composites Market Import Export Scenario, Application, Growing Trends and Forecast 2021-2028

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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

Automotive Composites Market Research Report and Forecast to 2028 is an investigative report providing an extensive study of the global Automotive Composites market with regards to market size, market share, current and emerging trends, and latest technological developments. The report also sheds light on the competitive landscape of the Automotive Composites market on the global and regional scale, along with a thorough forecast estimation to 2028

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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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.

The report also discusses the key players involved in the market such as 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

as well as new entrants in the market. It focuses on the recent mergers acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.

Segmental Analysis

The global Automotive Composites market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Automotive Composites sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.

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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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 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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