Title: Automotive Composites Market Size, Share, Top Key Players, Growth, Trend and Forecast Till 2028
1Automotive Composites Market Report 2020-2028
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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
2Our Model
Market Analysis
Financial Analysis
Distribution Channel Analysis
Brand Analysis
Custom Market Intelligence
Competitor Analysis
Product Analysis
Custom Research
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Demand Analysis
Risk Analysis
3Business 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
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Customer Identification Survey
Competitive Landscape / MA Feasibility
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4Industries We Cater to
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5
5Market 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
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6Market 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
components. - 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. - Some major companies in the market report include
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 - Request Free Sample Copy_at_ https//www.emergenresea
rch.com/request-sample/831
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7Market 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_
https//www.emergenresearch.com/industry-report/au
tomotive-composites-market
8Parameter 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
MARKET SEGMENTATION
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9Regional Share Dynamics
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