Carbon fiber composites are lightweight and high-strength that can be designed for enhanced performance in automotive applications. They offer improvement in structural, functional, or cosmetic properties.
The future of global automotive composites carbon fiber market looks promising with opportunities in various applications, including exterior, power train system, under body system, chassis system, pressure vessel, interior, and others. Carbon fiber in the global automotive composites market is forecast to grow at a CAGR of 10.4% from 2016 to 2021. The major growth drivers for this market are increasing automotive production and growing demand for lightweight materials due to stringent government regulations to increase fuel efficiency and reduce greenhouse gas emissions. Other major growth drivers include the growing demand for carbon fiber-reinforced plastics (CFRP) in luxury cars, race cars and other high-performance cars.
In terms of geographic regions, APAC will be the major revenue contributor of the carbon fiber in the automotive composites market throughout the forecast period. The high demand for fuel-efficient and lightweight vehicles, and the growth in economic conditions in APAC have led to the growth of carbon fiber in the automotive composites market.
In 2019, the market size of Carbon Fiber in Automotive Composites is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Carbon Fiber in Automotive Composites.
This report studies the global market size of Carbon Fiber in Automotive Composites, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Carbon Fiber in Automotive Composites production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Cytec Solvay
Mitsubishi Chemical Holdings
Scott Bader
TEIJIN
TORAY INDUSTRIES
China Composites Group
DowAksa
Formosa Plastic
Hexcel
Holding company "Composite"
Protech Composites
SAERTEX
Market Segment by Product Type
Long Fiber Thermoplastic
Sheet Molding Compound
Prepreg
Short Fiber Thermoplastic
Others
Market Segment by Application
Exterior Components
Interior Components
Structural and Powertrains
Chassis Systems
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Carbon Fiber in Automotive Composites status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Carbon Fiber in Automotive Composites manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Carbon Fiber in Automotive Composites are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Carbon Fiber in Automotive Composites. Industry analysis & Market Report on Carbon Fiber in Automotive Composites is a syndicated market report, published as Global (United States, European Union and China) Carbon Fiber in Automotive Composites Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Carbon Fiber in Automotive Composites market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.