The Automotive Composites Market Size was valued at USD 7.1Billion in 2023. It is estimated to reach USD 19.6 Billion by 2031 and grow at CAGR 11.9% over the Forecast period 2024-2031. The research findings in the market study report may be used to analyze a variety of essential variables, including investment in a developing market, product success, and market share expansion. It also examines the major drivers of the global market, regional dynamics, and current industry trends. This research looks into the Automotive Composites market in depth. Market estimates and predictions in the research report are based on thorough secondary research, primary interviews, and in-house expert opinions. These forecasts and estimates take into account a number of political, social, and economic issues, as well as current market conditions. The study looks into the revenue market's size, as well as its drivers, constraints, and future prospects. The competitive landscape of the industry's main competitors is also depicted in the study, as well as the top organizations’ percentage market share. The most recent study will give you a broad overview of the global Automotive Composites market, as well as aspects that may have an impact on future growth, possible prospects, and present trends. For a better understanding, the global market is segmented, growth rates are compared, and revenue share comparisons are done in the report.
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The major key players listed in the Automotive Composites Market are
· SGL Carbon (Germany)
· Teijin Limited (Japan)
· UFP Technologies Ltd, (US)
· Hexcel Corporation (US)
· Hexion (US)
· Toray Industries Inc. (Japan)
· Solvay SA (Belgium)
· Gurit (Switzerland)
· Huntsman Corporation
· Mitsubishi Chemical Holding Corporation (Japan)
Market Segmentation
The study looks at the global Automotive Composites Market in terms of revenue, market share, and future growth prospects in a number of different regions and nations. This research looks at revenue growth on a global, regional, and country level, as well as current industry trends in each sub-segment. Revenue is likely to expand in the coming years, according to market studies. North America, Latin America, Asia-Pacific, Europe, the Middle East, and Africa, among other places, are all studying the industry. The study looks at regional market growth as well as important corporations that influence regional growth.
Market segmentation
By Fiber Type:
Glass Fiber
Carbon Fiber
Others
By Resin Type:
Thermoset
Thermoplastic
By Manufacturing process:
Compression Molding
Injection Molding
Resin Transfer Molding (RTM)
Others
By Application
Exterior
Interior
Powertrain
Chassis
By Manufacturing Process:
Non-electric
Electric
COVID-19 Impact Analysis
This study employed primary and secondary research, as well as private databases and a paid data source. The impact analysis for COVID-19 will aid market participants in developing pandemic preparedness measures. The influence of COVID-19 on the Automotive Composites market on a global and country level is investigated in this research report. The demand and supply side effects of the target market are considered in this study.
Competitive Outlook
A separate component of the Automotive Composites market report profiles top global market participants, which includes an assessment of the company's operations, financial statements, product description, and strategic goals. The businesses profiled in the report can be customized to match a client's specific requirements. This chapter examines the industry's key competitors and their current market positions.
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