Global Automotive Composite Market 2020 Market Size Trends and Forecast

Page 1

Global Automotive Composite Market 2020-2026

1

Transilience Market Research | Sales@transiliencemarketresearch.com


Global Automotive Composite Market 2020 By Fiber [Glass Reinforced Plastic (GRP), Carbon Fiber Reinforced Plastic (CFRP), Natural Fiber (NF) and others],By Resin [Thermoset Thermoplastic and others], By Manufacturing Process[Compression Molding, Injection Molding, Resin Transfer Molding (RTM) and others], By Application[Interior, Exterior, Structural, Powertrain and others]: Global Forecast to 2026 and COVID-19 Impact Outlook Global Automotive Composite Market is valued at USD XX Billion in 2019 and expected to reach USD XX Billion by 2026 with the CAGR of XX % over the forecast period.

Scope of the report The use of automotive composites has grown significantly over the past decade. They are being considered to produce lighter, safer and more fuel-efficient vehicles owing to their significant advantages over traditional steel and other injection moulded automotive parts. Today, use of composites is not limited to luxury car or sport car they are now making their way into passenger and commercial vehicle industry. Growing stringent environmental regulations to curb CO2 emission, emerging low-cost composite grade, booming electric car industry is expected to boost the demand for composites in the automotive industry over the forecast period. KNOW MORE This report analyses the global market for Automotive Composite. The report will enable the user to understand and gain insights into the current and forecast market situation. The market is comprehensively analyzed by geography to give complete information on the global scenario. The qualitative and quantitative data provided in this study can help user understand which market segments, regions are expected to grow at higher rates, factors affecting the market and key opportunity areas. The report also includes competitive landscape of key players in the industry along with emerging trends in the market.

Key Players 1. Formaplex 2. GMS Composites 3. Gurit 4. Hexcel Corporation 5. IDI Composites International 6. Johns Manville 7. Mitsubishi Chemical Carbon Fiber and Composites Inc. Transilience Market Research | Sales@transiliencemarketresearch.com

2


8. Owens Corning 9. Plasan Carbon Composites 10. Revchem Composites 11. SGL Carbon 12. Solvay 13. Teijin Limited 14. Toray Industries Inc. 15. TPI Composites 16. others Above mentioned companies were scrutinized to assess competitive landscape of global Automotive Composite market. Report provides company profiles of each player. Each profile include company product portfolio,business overview, company governance, company financials, business strategies, manufacturing locations and production facilities, company sale, recent developments and strategic collaborations & partnerships, new product launch, company segments, application diversification and company strength and weakness analysis.

Review period: (2016-2026) Historic Period: 2016 to 2019 Forecast Period: 2020 to 2026 Base Year: 2019 Unit: USD Billion This Automotive Composite market report provides insights on new trade regulations, import export analysis, industry value chain analysis, market size, consumption, production analysis, regional and segment market share, product launches, product pipeline analysis, impact of Covid-19 on supply chain, key regions, untapped markets, patent analysis, product approvals, continuous innovations and developments in the market. REQUEST SAMPLE

Regions 

North America: U.S., Canada and Rest of North America

Europe: UK, France, Germany, Italy, Spain and Rest of Europe

Asia Pacific: China, Japan, India, Australia, Southeast Asia and Rest of Asia Pacific Transilience Market Research | Sales@transiliencemarketresearch.com

3


Latin America: Brazil, Mexico, Argentina and Rest of Latin America

Middle East and Africa: Gulf Countries, Israel, Africa and Rest of Middle East and Africa

Region Insights Asia Pacific dominates global automotive Composites market. Expanding automotive industry, growing capital investments, low cost labor and growing government initiatives for automotive sector are some major factors driving the growth of automotive composites market in this region. China is world’s largest vehicle manufacturer. The region has witnessed slow growth in the last few years due to US china trade wars and significant rise in competition from other Asian countries but the market is expected to rise in forecast period.

As per Chinese government automobile

production will reach more than 35 million units by 2025. Country is largest exporter of vehicle components and other spare parts to the world. China’s specialty auto parts market reached approximately $3.5 million in 2018, registering an annual growth rate of about 30%. Thriving electric car manufacturing in china will boost the growth of automotive Composites market in coming years.

Global Automotive Composite Market Dynamics Growing need for lightweight materials in manufacturing of automobiles is driving the growth of global automotive composites market. Automobile manufacturers around the world are incorporating lightweight materials for production of body, chassis and other important parts to increase performance and efficiency. 10 percent reduction in vehicle weight can result in 8% improvement in fuel economy. In 2019 General Motors launched Chevy Silverado 1500 truck which was manufactured by extensive use of composites, the new truck weighs less than 450 pounds than other trucks. However, high cost of composite is major restraining factor for the growth of global automotive composites market. Technological advancements in composite manufacturing, growing demand for automotive composites in electric cars to decrease the weight, strength & durability of components is expected to offer new growth opportunities in forecast period.

Market Segmentation 

Fiber o Glass Reinforced Plastic (GRP) o Carbon Fiber Reinforced Plastic (CFRP) o Natural Fiber (NF) Resin o Thermoset o Thermoplastic Manufacturing Process Transilience Market Research | Sales@transiliencemarketresearch.com

4


o Compression Molding o Injection Molding o Resin Transfer Molding (RTM) o Others Application o Interior o Exterior o Structural o Powertrain

Report Coverage 

An overview of the global Automotive Composite market

In depth analysis of market dynamics and major factors such as drivers, restraints, opportunities and trends influencing the global market

Global Automotive Composite market revenue data historic and forecast analysis (2016 to 2026)

Characterization and quantification of the market segments for Automotive Composite market

Market share analysis of key market participants and their competitive landscape

Important Questions Answered by Global Automotive Composite Market Report 

What is the impact of COVID 19 epidemic on the global Automotive Composite market?

Which is mostly affected region, country?

Which is the current largest and fastest-growing region?

What is the market size and growth rate of the global Automotive Composite market?

What are current factors affecting the growth of market?

What are Key trends and opportunity areas?

Within Automotive Composite market, which segments are fastest growing & emerging strongly? What are the drivers and restraints for each segment? What are vendor competencies by segment?

What are the major strategies adopted by leading market companies?

What are company challenges and essential success factors by market segment?

How company offerings and supply chain capabilities are shifting to meet emerging market needs?

Transilience Market Research | Sales@transiliencemarketresearch.com

5


Global Automotive Composite Market COVID-19 impact Analysis This report highlights the impact of the Covid-19 pandemic on Global Automotive Composite Market. By combining data from a range of industry sources, as well as predictive modelling and market trend analysis, we provide an evidence-based set of projections that will allow organisations to plan their strategies more effectively. The report gives in depth analysis of short term and long term impacts of epidemic on the industry. The COVID 19 impact assessment of Global Automotive Composite Market is divided into following sections: Section1: Pre Lockdown This part of the report looks at how market changed throughout early 2020, as the spread of COVID19 intensified on different geographies. Section2: During Lockdown This part of the report collects data from across the sector to know how people have responded to lockdown. It analyses the impact of the epidemic on the workforce in the industry and disruption in various regions and countries Section3: Post Lockdown This part of the report project what sector recovery could look like and summarises ways in which the business landscape could shift. Get detailed COVID 19 Impact Analysis on Global Automotive Composite Market Here

6

Transilience Market Research | Sales@transiliencemarketresearch.com


TABLE OF CONTENTS 1. Introduction 1.1. Report Description 1.2. Market Segmentation 1.3. Research Methodology 1.4. List of Abbreviations 2. Executive Summary 3. Market Overview 3.1. Market Definition 3.2. Market Scope 3.3. Market Drivers 3.4. Market Restraints 3.5. Market Opportunities and Trends 3.6. Porter’s five force analysis 3.7. SWOT Analysis 3.8. PEST Analysis 3.9. Patent Analysis 3.10.

Impact of COVID 19 on Global Automotive Composite Market

4. Automotive Composite Market, By Fiber, Market Size, Consumption and Forecast 2016 -2026 (USD Billion) 4.1. Global Automotive Composite Market By Fiber, 2016 -2026 (USD Billion) 4.1.1.Global Automotive Composite Market By Glass Reinforced Plastic (GRP) 4.1.2.Global Automotive Composite Market By Carbon Fiber Reinforced Plastic (CFRP) 4.1.3.Global Automotive Composite Market By Natural Fiber (NF) 4.2. Global Automotive Composite Market By Fiber Share, 2016 -2026 (%) 5. Automotive Composite Market, By Manufacturing Process, Market Size, Consumption and Forecast 2016 -2026 (USD Billion) 5.1. Global Automotive Composite Market By Manufacturing Process, 2016 -2026 (USD Billion) 5.1.1.Global Automotive Composite Market By Compression molding 5.1.2.Global Automotive Composite Market By Injection molding 5.1.3.Global Automotive Composite Market By Resin Transfer Molding(RTM) 5.1.4.Global Automotive Composite Market By Others 5.2. Global Automotive Composite Market By Manufacturing Process Share, 2016 -2026 (%)

Transilience Market Research | Sales@transiliencemarketresearch.com

7


6. Automotive Composite Market, By Resin, Market Size, Consumption and Forecast 2016 -2026 (USD Billion) 6.1. Global Automotive Composite Market By Resin, 2016 -2026 (USD Billion) 6.1.1.Global Automotive Composite Market By Thermoset 6.1.2.Global Automotive Composite Market By Thermoplastic 6.2. Global Automotive Composite Market By Resin Share, 2016 -2026 (%) 7. Automotive Composite Market, By Application, Market Size, Consumption and Forecast 2016 2026 (USD Billion) 7.1. Global Automotive Composite Market By Application, 2016 -2026 (USD Billion) 7.1.1.Global Automotive Composite Market By Interior 7.1.2.Global Automotive Composite Market By Exterior 7.1.3.Global Automotive Composite Market By Structural 7.1.4.Global Automotive Composite Market By Powertrain 7.2. Global Automotive Composite Market By Application Share, 2016 -2026 (%) 8. Automotive Composite Market, By Region Market Size, Consumption and Forecast 2016 -2026 8.1. NORTH AMERICA 8.1.1.Key Findings 8.1.2.Impact of COVID 19 8.1.3.Key market trends, growth factors and opportunities 8.1.4.North America Automotive Composite Market by Country 2016 -2026 (USD Billion) 8.1.5.North America Automotive Composite Market By Fiber 2016 -2026 (USD Billion) 8.1.6.North America Automotive Composite Market By Resin 2016 -2026 (USD Billion) 8.1.7.North America Automotive Composite Market By Manufacturing Process 2016 -2026 (USD Billion) 8.1.8.North America Automotive Composite Market By Application 2016 -2026 (USD Billion) 8.2. EUROPE 8.2.1.Key Findings 8.2.2.Impact of COVID 19 8.2.3.Key market trends, growth factors and opportunities 8.2.4.Europe Automotive Composite Market by Country 2016 -2026 (USD Billion) 8.2.5.Europe Automotive Composite Market By Fiber 2016 -2026 (USD Billion) 8.2.6.Europe Automotive Composite Market By Resin 2016 -2026 (USD Billion) 8.2.7.Europe Automotive Composite Market By Manufacturing Process 2016 -2026 (USD Billion)

Transilience Market Research | Sales@transiliencemarketresearch.com

8


8.2.8.Europe Automotive Composite Market By Application 2016 -2026 (USD Billion) 8.3. ASIA PACIFIC 8.3.1.Key Findings 8.3.2.Impact of COVID 19 8.3.3.Key market trends, growth factors and opportunities 8.3.4.Asia Pacific Automotive Composite Market by Country 2016 -2026 (USD Billion) 8.3.5.Asia Pacific Automotive Composite Market By Fiber 2016 -2026 (USD Billion) 8.3.6.Asia Pacific Automotive Composite Market By Resin 2016 -2026 (USD Billion) 8.3.7.Asia Pacific Automotive Composite Market By Manufacturing Process 2016 -2026 (USD Billion) 8.3.8.Asia Pacific Automotive Composite Market By Application 2016 -2026 (USD Billion) 8.4. LATIN AMERICA 8.4.1.Key Findings 8.4.2.Impact of COVID 19 8.4.3.Key market trends, growth factors and opportunities 8.4.4.Latin America Automotive Composite Market by Country 2016 -2026 (USD Billion) 8.4.5.Latin America Automotive Composite Market By Fiber 2016 -2026 (USD Billion) 8.4.6.Latin America Automotive Composite Market By Resin 2016 -2026 (USD Billion) 8.4.7.Latin America Automotive Composite Market By Manufacturing Process 2016 -2026 (USD Billion) 8.4.8.Latin America Automotive Composite Market By Application 2016 -2026 (USD Billion) 8.5. MIDDLE EAST AND AFRICA 8.5.1.Key Findings 8.5.2.Impact of COVID 19 8.5.3.Key market trends, growth factors and opportunities 8.5.4.Middle East and Africa Automotive Composite Market by Country 2016 -2026 (USD Billion) 8.5.5.Middle East and Africa Automotive Composite Market By Fiber 2016 -2026 (USD Billion) 8.5.6.Middle East and Africa Automotive Composite Market By Resin 2016 -2026 (USD Billion) 8.5.7.Middle East and Africa Automotive Composite Market By Manufacturing Process 2016 -2026 (USD Billion)

Transilience Market Research | Sales@transiliencemarketresearch.com

9


8.5.8.Middle East and Africa Automotive Composite Market By Application 2016 -2026 (USD Billion) 9. Competitive Landscape Analysis 9.1. Global Automotive Composite Market Company Revenue, (USD Billion), 2016-2019 9.2. Global Automotive Composite Market Company Share, (%), 2016-2019 10. Global Automotive Composite Market Price Analysis 10.1.

Global Automotive Composite Market Price By Regions

11. Global Automotive Composite Market Value Chain Analysis 12. Company Profiles 12.1. 12.2. 12.3. 12.4. 12.5. 12.6. 12.7. 12.8. 12.9. 12.10. 12.11. 12.12. 12.13. 12.14. 12.15. 12.16.

Formaplex GMS Composites Gurit Hexcel Corporation IDI Composites International Johns Manville Mitsubishi Chemical Carbon Fiber and Composites, Inc. Owens Corning Plasan Carbon Composites Revchem Composites SGL Carbon Solvay Teijin Limited Toray Industries, Inc. TPI Composites Others

13. Appendix 14. List of Tables 15. List of Figures

10

Transilience Market Research | Sales@transiliencemarketresearch.com


Declaimer

In response to request/orders received, Transilience Analytics provides strategic business/market analysis services to a select group of customers that are limited to publications containing valuable market information. The publication is solely for our customers’ internal use. It is acknowledged by our customer, by placing the order that no part of this strategic market analysis service is for general publication or disclosure to third party. Transilience Analytics doesn’t make any warranty for the accuracy of the data as these are primarily based on interviews and therefore, liable for fluctuation. Also, Transilience Analytics doesn’t take responsibility for incorrect information supplied by manufacturers or users. Any resale, lending, disclosure or reproduction of this publication can only be made with prior written permission from Transilience Analytics. Transmission and/or reproduction of this document by any means or in any form (includes photocopying, mechanical, electronic, recording or otherwise) are prohibited without the permission of Transilience Analytics.

11

Transilience Market Research | Sales@transiliencemarketresearch.com


About Transilience Market Research

Transilience Market Research is a one stop industry provider of actionable and timely intelligence. We publish exclusive market research reports for more than 10 industry verticals. Since our inception our mission is to deliver cost effective reliable resources to back clients in decision-making processes and business development strategies. Providing B2B research to Fortune 500 companies and consulting research services. We are committed to deliver sustainable, profitable growth through in depth market research solutions.

Contact: +91-9404545879|Email us at sales@transiliencemarketresearch.com

Follow us on:

12

Transilience Market Research | Sales@transiliencemarketresearch.com


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.