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ishadeshpande (8)


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

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Title: ishadeshpande (8)

Automotive Composites Market Size Worth USD 12.32
Billion in 2028
Increasing awareness among OEMs regarding
stringent government regulations and rising
demand for electric vehicles are some key factors
driving market revenue growth
Our Model
Market Analysis
Financial Analysis
Distribution Channel Analysis
Brand Analysis
Custom Market Intelligence
Competitor Analysis
Product Analysis
Custom Research
Demand Analysis
Risk Analysis
Business Plan Parameters
End Use Analysis
Demand Availability Analytics
Market Entry Strategy
Restructuring Revival
New Product Strategy
Product Planning / Strategy
SWOT Analysis
Marketing / Distribution Channel Feasibility
Customer Identification Survey
Competitive Landscape / MA Feasibility
Industries We Cater to
Market Summary
The global automotive composites market size
reached USD 5.33 Billion in 2020 and is expected
to register a revenue CAGR of 11.2, during the
forecast period, according to latest analysis by
Emergen Research. Need for Original Equipment
Manufacturers (OEMs) to comply with increasingly
stringent government regulations as well as
rising demand for Electric Vehicles (EVs) are
some key factors driving global automotive
composites market revenue growth. Increased
usage of natural fibers in automotive
applications, which are both cost-effective and
environmentally beneficial, is expected to
support revenue growth of the market going ahead.
The cost per kilo of weight saved in vehicle
weight reduction techniques would be higher with
EVs. In standard drive periods, conventional
vehicles use more energy while accelerating, but
can also recover kinetic energy during braking
and slowing down. A braking energy recovery
system is available in SEAT cars, in which the
kinetic energy released during slowing, and  also
when coasting, is turned into electrical energy
by means of a specially designed generator, which
is similar to a dynamo
Market Summary
  • Some Key Highlights From the Report
  • Natural fibers segment revenue is expected to
    expand at a significantly rapid CAGR during the
    forecast period because of its environmentally
    beneficial features. Natural materials including
    fruits, stalks, and leaves are used to produce
    these composites. Flax, hemp, kenaf, and jute are
    examples of natural fibers utilized in composites
    that are used in the production of automotive
  • Resin Transfer Molding (RTM) segment is expected
    to register a significantly robust revenue growth
    rate over the forecast period. RTM is a
    production method for components made from fiber
    plastic composites. It involves pouring a
    reaction resin onto the dry, semi-finished fiber
    parts, and these parts are consequently immersed
    by applying pressure within a closed vessel. The
    method reduces material waste and overall
    component cycle times by approximately five
    minutes on average.
  • Asia Pacific is expected to account for a larger
    revenue share than other regional markets over
    the forecast period due to presence of a large
    number of major market players such as Mitsubishi
    Chemical Holdings Corporation, Teijin Limited,
    and Toray Industries, Inc. among others in
    countries in the region.
  • Request Free Sample Copy_at_ https//www.emergenresea
Market Summary
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
20182028) Carbon Fiber Reinforced Plastic
(CFRP) Glass Fiber Reinforced Plastic
(GFRP) Natural Fiber (NF) Product Outlook (Volume
Tons, Revenue, USD Billion 20182028) Metal
Matrix Composites Polymer Matrix
Composites Ceramic Matrix Composites Resin Type
Outlook (Volume Tons, Revenue, USD Billion
20182028) Thermoset Thermoplastic Read More_at_
Parameter Details
Market Size Estimation Period 2020-2028
Base Year Considered 2020
Historical Data 2017-2019
Forecast Period 2021-2028
Quantitative Units Revenue in USD million CAGR from 2020 to 2028
Segments Covered Types, Application, End-Users, Regions more.
Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Customization Scope 10 hours of free customization expert consultation
Pricing and Purchase Options Explore Different Purchase Options Request for Discount to Avail New Year Discount
Regional Share Dynamics
Latest published reports by Emergen Research
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About Us
At Emergen Research, we believe in advancing with
technology. We are a growing market research and
strategy consulting company with an exhaustive
knowledge base of cutting-edge and potentially
market-disrupting technologies that are predicted
to become more prevalent in the coming
decade. Our expertise umbrellas the
technological environment of all major
industries, and our services help you map your
actions to ensure optimal yield. Our analysts
utilize their market proficiency to offer
actionable insights that help our clients
implement profitable strategies and optimize
their return on investment. Our services are
wide-ranging, right from technological
environment analysis to technological profiling
that highlights the existing opportunities in the
market you can capitalize on to stay ahead of
your competitors.
Lets Talk Contact Information
Reach out to us and our Research Executives will
ensure you get the report that meets all your
requirements and address all your concerns.
14671 110 Avenue, Surrey, British Columbia, V3R2A9
1 (604) 757-9756
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