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.
The global Carbon Fiber in Automotive Composites market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Carbon Fiber in Automotive Composites volume and value at global level, regional level and company level. From a global perspective, this report represents overall Carbon Fiber in Automotive Composites market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Carbon Fiber in Automotive Composites in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Carbon Fiber in Automotive Composites manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers 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
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Long Fiber Thermoplastic
Sheet Molding Compound
Prepreg
Short Fiber Thermoplastic
Others
Segment by Application
Exterior Components
Interior Components
Structural and Powertrains
Chassis Systems
Others
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 Carbon Fiber in Automotive Composites Market Professional Survey Report 2019. 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.