Composite Materials Market by Application, Vehicle Type and by Region - 2020

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MarketsandMarkets Presents
Automotive Composites Market Expected to Reach
7,142.37 Million by 2019
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The report Automotive Composites Market by Type
(Glass fiber composites, Carbon fiber Composites,
Natural fiber Composites, Metal Matrix
Composites, and Ceramic Matrix Composites) 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  86 figures  150 pages and in-depth
TOC on Automotive Composites Market . You
can speak to our analyst_at_ http//www.marketsandma
rkets.com/speaktoanalyst.asp?id6114278
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Source MarketsandMarkets Analysis
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Composite materials have been part of automotive
industry for a long time. However, with the
advancement of technology and demand for
increased fuel efficiency with decreased
tail-pipe emissions has boosted the demand for
lightweight materials. Composite materials have
considerable potential to increase vehicle
efficiency, as it takes less energy to accelerate
a lighter object than heavier one. A 10
reduction in vehicle weight can result in a 68
improvement in fuel economy. Replacing cast iron
and traditional steel components with lightweight
materials such as carbon fiber and polymer
composites can directly reduce the weight of a
vehicle body and chassis by up to 50,
subsequently reducing the vehicle fuel
consumption.  The use of composite materials has
been predominant in automotive underhood and
interiors. Composite materials such as carbon
fiber reinforced plastic (CFRP) is still
restricted to performance cars only. However,
increasing fuel prices and growing concerns
towards environment (air) pollution has increased
the penetration of composite materials in
automotive industry. This report projects the
growth trends for the global composite materials
market from 2015 to 2020, through a detailed
qualitative and quantitative analysis of the
global market. The research methodology used in
the report involves various secondary sources
including encyclopedias, directories, and
databases to identify and collect information
useful for an extensive, commercial market study.
The primary sources experts from related
industries and suppliers have been interviewed to
obtain and verify critical information as well as
to assess the future prospects of the automotive
composite materials market. The report also
provides a comprehensive review of market
drivers, restraints, opportunities, challenges,
and key issues in the global automotive composite
materials market. Key players in the market for
automotive composite materials have also been
identified and profiled. Apart from a
quantitative analysis, the report also covers
qualitative aspects such as supply chain
analysis, PEST analysis, and Porters Five Force
analysis for the global automotive composite
materials market.
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• The composite materials market size is projected
  to grow at a promising CAGR of 14.02 during the
  forecast period, to reach USD 84.92 Billion by
  2020.
• The growth in the composite materials industry
  has been on a constant rise, given the changing
  emission norms across the globe along with
  increasing vehicle production. Manufacturers of
  composite materials are coming with new and
  advanced manufacturing process to make improved
  composite materials to meet rigorous standards.
• Key global composite materials manufacturers
  include Toray Industries Inc. (Japan), Cytec
  Industries Inc. (the U.S.), Teijin Ltd. (Japan),
  SGL Carbon SE (Germany), and TenCate N.V. (the
  Netherlands). Though these companies are major
  players in the industry, the demand for the
  composite materials is highly dependent on the
  rise in vehicle production and changing emission
  norms imposed by governments across different
  countries.
• Scope of the Report
• The composite materials market has been broadly
  categorized into the following segments and
  subsegments
• 1. Composite Materials Market, By Manufacturing
  Process
• Lay-up Process
• Compression Molding Process
• Resin Transfer Molding (RTM) Process
• Filament Winding Process
• Injection Molding Process
• Pultrusion Process
• Vacuum Infusion

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• 2. Composite Materials Market, By Material Type
• Polymer Matrix Composite (PMC)
• Carbon Fiber Reinforced Plastic (CFRP)
• Glass Fiber Reinforced Plastic (GFRP)
• Natural Fiber Reinforced Plastic (NFRP)
• Metal Matrix Composite (MMC)
• Ceramic Matrix Composite (CMC)
• 3. Composite Materials Market, By Application
• Structural
• Powertrain
• Interior
• Exterior
• Other Applications
• 4. Locomotive Rolling Stock Composite Materials
  Market, By Region
• Asia-Oceania

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• Available Customization
• Automotive Composite Materials Market, By
  Advanced Composite Fiber Type
• Automotive Composite Materials Market, By Other
  Countries of Major Regions
• Locomotive Rolling Stock Composite Materials
  Market, By Material

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