Increment in carbon emission levels has provoked governments across the world to take initiative for composites use in production of automobiles, with a motive to design vehicles with high fuel efficiency by reducing weight of vehicles. Metals are being replaced by composites on large scale since last decade. Composites may be used in applications as exterior, power train system, under body system and interiors, amongst which exterior is the largest market. Sheet moulding compound (SMC), short fibre thermoplastic (SFT) and long fibre thermoplastic (LFT) are major products in fibre market.
Among these is expected to grow at the highest rate due its extensive properties such as high strength to weight ratio and resistance to chemicals, heat and corrosion. Europe will remain the largest market for light weight automobile due to European emission standards incorporated by European government. North America will grow at highest rate as Corporate Average Fuel Efficiency (CAFE) standards pressurize original equipment manufacturers (OEM s) to us light weight composites. The use of composites in Asia-Pacific is also expected to grow on account of government policies which compiles automotive manufacturers to follow environmental regulations.
Global Automotive Composites Demand , By Region
Companies Covered:
- Solvay S.A.
- Toray Industries Inc.
- Toho Tenax Co Ltd
- SGL Group
- Teijin
- Koninklijke Ten Cate BV
- Mitsubishi Rayon Co Ltd
- UFP Technologies Inc.
- Owens Corning
- Plasan Carbon Composites
- Other Manufacturers
The Automotive Composites report describes the global Automotive Composites market, with focus on the country, applications and other end-use scenarios. The study providesMarket Data & Forecast (Short-term and Long-term)• Demand Analysis• Sales & Revenue• Pricing Analysis• Market DynamicsCountry Summaries & Product Review• Demand Balance • Automotive Composites Market data in terms of volume and value for each end-use at regional and country level• Historical, Current & Market Forecast• Macro-economic factors like GDP, Population and World Economic integration• Economic & Energy Outlook• Industry & Policy Developments • End-use Industry / Applications Market • Reasoning & Analysis• Insightful Commentary• Market Review• Comparative Analysis• Key players• Strategic Issues and Recommendations• Business Opportunity Assessment
The Automotive Composites report describes the global Automotive Composites market, with focus on the country, applications and other end-use scenarios. The study providesMarket Data & Forecast (Short-term and Long-term)• Demand Analysis• Sales & Revenue• Pricing Analysis• Market DynamicsCountry Summaries & Product Review• Demand Balance • Automotive Composites Market data in terms of volume and value for each end-use at regional and country level• Historical, Current & Market Forecast• Macro-economic factors like GDP, Population and World Economic integration• Economic & Energy Outlook• Industry & Policy Developments • End-use Industry / Applications Market • Reasoning & Analysis• Insightful Commentary• Market Review• Comparative Analysis• Key players• Strategic Issues and Recommendations• Business Opportunity Assessment
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