Automotive Composite Market worth $7,142.37 Million by 2019 The report “Automotive Composite Market by Type (Polymer Matrix Composite, Metal Matrix Composite, and Ceramic Matrix Composite) and by Application (Interior Components, Exterior Components, Chassis & Powertrain Components and Others) - Global Trends & Forecast to 2019”, defines and segments the global automotive composite market with an analysis and forecast of its global volume and value. Browse 91 market data tables and 86 figures spread through 150 pages and in-depth TOC on “Automotive Composite Market - Global Trends & Forecast to 2019” Early buyers will receive 10% customization on this report. Download Sample PDF of this Report @ http://www.marketsandmarkets.com/pdfdownload.asp?id=10869121 “Asia-Pacific: The Biggest Market of Automotive Composite” The Asia-Pacific region was the world’s largest market for automotive composite in 2013. China is the key consumer of automotive composite in Asia-Pacific. Need for lightweight and fuel efficient vehicles shifted manufacturers focus towards automotive composite. Various product launches, partnerships, agreements, and expansions have in turn made the region a potential growth market for automotive composite. “Carbon Fiber Composite–The Fastest-growing Type; while Exterior components The Biggest Automotive Composite Application” Carbon fiber is a material made up of carbon atoms that are aligned parallel to the main axis of the fiber. The fibers are very thin in diameter, about 1/10th the size of a human hair. The crystal alignment makes the fiber very strong for its size. Normally, carbon fibers are molded with other materials such as plastic resin and graphite to form carbon fiber composite. Carbon fiber composite is the fastest-growing automotive composite driven by its high demand for chassis & powertrain components application. The chassis & powertrain market for automotive composite has a wide scope for its expansion, which in turn would help in increasing the consumption for automotive composite. Exterior components are the biggest application of automotive composite and are projected to be worth $ 3,555.51 million by 2019. Request for Sample of this Report @ http://www.marketsandmarkets.com/requestsample.asp?id=10869121 Toray Industries Inc. (Japan), Owens Corning (U.S.), Johns Manville (U.S.), SGL Group (Germany), Cytec Industries Inc. (U.S.), Koninklijke Ten Cate nv (The Netherlands), Nippon Sheet Glass Co., Ltd. (Japan), Jushi Group Co. Ltd. (China), and Teijin Limited (Japan) are some of the major manufacturers of automotive composite. Company profiling and competitive strategies adopted by top automotive manufacturers such as Bayerische Motoren Werke Aktiengesellschaft (Germany), Volkswagen Group (Germany), General Motor Company (U.S.), and Ford Motor Company (U.S.) are also covered in the report. The report also defines driving and restraining factors for the global Automotive Composite Market with the analysis of trends, opportunities, burning issues, winning imperatives, and challenges. Some of the drivers include increasing demand
for fuel efficient vehicles, and reduced weight and parts consolidation offered by automotive composite. Some of the restraints include high cost of composite, and concerns about recyclability. There are some opportunities which will change the dynamics of automotive composite industry in the years to come, which include emission regulations that are forcing OEMs’ attention towards composite, and growth opportunity in high volume production of structural automotive components. The market is forecasted on the basis of major regions, such as North America, Europe, Asia-Pacific, and Rest of the World (RoW) by both value and volume. The regional automotive composite market is further segmented on the basis of major applications. For More Details Speak to Analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=10869121 About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Contact: Mr. Rohan North - Dominion Plaza 17304 Preston Road Suite 800, Dallas, TX 75252 Tel: +1-888-600-6441 Email: sales@marketsandmarkets.com Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets