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Automotive Composites Market by Fiber Type (Glass, Carbon, Natural), Resin Type (Thermoset, Thermoplastics), Manufacturing Process (Compression, Injection, RTM), Applications (Exterior, Interior), Vehicle Type, and Region - Global Forecast to 2022

Automotive Composites Market by Fiber Type (Glass, Carbon, Natural), Resin Type (Thermoset, Thermoplastics), Manufacturing Process (Compression, Injection, RTM), Applications (Exterior, Interior), Vehicle Type, and Region - Global Forecast to 2022

“The automotive composites market is projected to grow at a CAGR of 12.26% from 2017 to 2022.”
The automotive composites market is projected to reach USD 13.14 billion by 2022, at a CAGR of 12.26% from 2017 to 2022. The key factor expected to drive the growth of the automotive composites market across the globe is the stringent implementation of various regulations such as the Corporate Average Fuel Efficiency (CAFE) standards and the European Emission Standards (EES) formulated by the U.S. and European governments, respectively to reduce the CO2 emissions. To comply with these government regulations, the manufacturers of vehicles are using new lightweight materials such as composites for fabricating vehicle bodies. The high investments associated with the manufacturing of composites are mainly restricting the growth of the automotive composites market across the globe.

“Based on resin type, the thermoset segment is projected to lead the automotive composites market during the forecast period in terms of value and volume.”
Thermoset composites are widely used in automotive applications for manufacturing monocoques, brake liners, suspensions, and propeller shafts, among others. Thermoset composites do not expand due to heat and are resistant to the effect of moisture, thereby making them suitable for highly corrosive and high-temperature applications such as heat shields, fuel vapor canister brackets, and radiator brackets, among others.

“Among fiber types, the carbon fiber segment of the automotive composites market is projected to grow at the highest CAGR during the forecast period in terms of value and volume.”
Automotive manufacturers are increasingly adopting high-performance carbon fibers to manufacture automotive components as carbon-fiber-reinforced plastics (CFRP) not only reduce the weight of vehicles but also result in their increased stiffness. Thus, the demand for CFRP is increasing among automotive manufacturers as they are used for manufacturing roofs, floor panels, side panels, hood frames, chassis, and bumpers of vehicles.

“The Asia-Pacific automotive composites market is projected to grow at the highest CAGR in terms of value and volume between 2017 and 2022.”
The Asia-Pacific automotive composites market is projected grow at the highest CAGR during the forecast period. The growth of the automotive composites market in Asia-Pacific region can be attributed to the increasing demand for electric vehicles in the region. The increased production of electric vehicles is an emerging trend in the automotive industry of the region as these vehicles have high potential to meet the strict government regulations regarding the reduction of CO2 emissions. In 2016, China had the largest electric car stock in the world with approximately 3 to 4 million low-speed electric vehicles.

This study has been validated through primaries conducted with various industry experts, globally. These primary sources have been divided into the following three categories:
• By Company Type- Tier 1 - 10%, Tier 2 - 25%, and Tier 3 - 65%
• By Designation- C Level - 10%, Director Level - 30%, and Others - 60%
• By Region- Asia-Pacific - 40%, North America - 5%, Europe - 45%, Middle East & Africa - 5%, and Latin America - 5%

The report provides a comprehensive analysis of the profiles of the companies listed below:
• Toray Industries, Inc. (Japan)
• SGL Group (Germany)
• Solvay S.A. (Belgium)
• UFP Technologies, Inc. (U.S.)
• Koninklijke Ten Cate B.V. (Netherlands)
• Gurit (Switzerland)
• Toho Tenax Co., Ltd. (Japan)
• Mitsubishi Chemical Corporation (Japan)
• Plasan Carbon Composites (U.S.)
• Continental Structural Plastics Inc. (U.S.)

Research Coverage
This report covers the automotive composites market and forecasts the size of the market till 2022. The report includes the segmentation of the automotive composites market based on fiber type, resin type, application, manufacturing process, vehicle type, and region. The Porter’s five force analysis, along with drivers, restraints, challenges, and opportunities of the automotive composites market have been discussed in the report. The report also provides company profiles and competitive benchmarking adopted by the major players operating in the automotive composites market.

Benefits of Buying the Report

The report is expected to help market leaders/new entrants in the automotive composites market in the following ways:
• This report segments the automotive composites market comprehensively and provides the closest approximations of revenues for the overall market and its subsegments across different verticals and regions.
• The report helps stakeholders understand the pulse of the market and provides them information on key drivers, restraints, challenges, and opportunities of the automotive composites market.
• This report is also expected to help the stakeholders understand their competitors and gain insights to improve their position in the automotive composites market. The competitive landscape section includes an ecosystem of competitors and detailed information on new product developments, expansions & investments, agreements, and mergers & acquisitions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • PACKAGE SIZE
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • DATA TRIANGULATION
      • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE GROWTH OPPORTUNITIES IN AUTOMOTIVE COMPOSITES MARKET
    • AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION
    • AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, AND REGION
    • THERMOSET AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE
    • AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS
    • AUTOMOTIVE COMPOSITES MARKET, BY COUNTRY
  • MARKET OVERVIEW
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF BUYERS
      • BARGAINING POWER OF SUPPLIERS
      • INTENSITY OF RIVALRY
  • MACRO ECONOMIC OVERVIEW AND KEY TRENDS
    • INTRODUCTION
    • TRENDS AND FORECAST OF GDP
      • Table TRENDS AND FORECAST OF GDP, USD BILLION (2016–2022)
    • PER CAPITA GDP VS. PER CAPITA COMPOSITE MATERIALS DEMAND
      • Table PER CAPITA GDP VS. PER CAPITA COMPOSITE MATERIALS DEMAND, 2016
    • TRENDS OF AUTOMOTIVE INDUSTRY
      • Table AUTOMOTIVE PRODUCTION, MILLION UNITS (2011-2016)
  • AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE
    • INTRODUCTION
      • Table AUTOMOTIVE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2015–2022 (USD MILLION)
      • Table AUTOMOTIVE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2015–2022 (KILOTON)
    • CARBON FIBER AUTOMOTIVE COMPOSITES
      • Table CARBON FIBER AUTOMOTIVE COMPOSITES MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
      • Table CARBON FIBER AUTOMOTIVE COMPOSITES MARKET SIZE, BY REGION, 2015–2022 (KILOTON)
    • GLASS FIBER AUTOMOTIVE COMPOSITES
      • Table GLASS FIBER AUTOMOTIVE COMPOSITES MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
      • Table GLASS FIBER AUTOMOTIVE COMPOSITES MARKET SIZE, BY REGION, 2015–2022 (KILOTON)
    • OTHER FIBERS AUTOMOTIVE COMPOSITES
      • Table OTHER FIBERS AUTOMOTIVE COMPOSITES MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
      • Table OTHER FIBERS AUTOMOTIVE COMPOSITES MARKET SIZE, BY REGION, 2015–2022 (KILOTON)
  • AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE
    • INTRODUCTION
      • Table AUTOMOTIVE COMPOSITES MARKET SIZE, BY RESIN TYPE, 2015–2022 (USD MILLION)
      • Table AUTOMOTIVE COMPOSITES MARKET SIZE, BY RESIN TYPE, 2015–2022 (KILOTON)
    • THERMOSET AUTOMOTIVE COMPOSITES
      • POLYESTER RESIN
      • VINYL ESTER RESIN
      • EPOXY RESIN
      • OTHERS
        • Table AUTOMOTIVE THERMOSET COMPOSITES MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
        • Table AUTOMOTIVE THERMOSET COMPOSITES MARKET SIZE, BY REGION, 2015–2022 (KILOTON)
        • Table THERMOSET AUTOMOTIVE COMPOSITES MARKET SIZE, BY RESIN SUBTYPE, 2015–2022 (USD MILLION)
        • Table THERMOSET AUTOMOTIVE COMPOSITES MARKET SIZE, BY RESIN SUBTYPE, 2015–2022 (KILOTON)
    • THERMOPLASTIC AUTOMOTIVE COMPOSITES
      • POLYPROPYLENE (PP)
      • POLYAMIDE (PA)
      • POLYPHENYLENE SULFIDE (PPS)
      • OTHERS
        • Table THERMOPLASTIC AUTOMOTIVE COMPOSITES MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
        • Table THERMOPLASTIC AUTOMOTIVE COMPOSITES MARKET SIZE, BY REGION, 2015–2022 (KILOTON)
        • Table THERMOPLASTIC AUTOMOTIVE COMPOSITES MARKET SIZE, BY RESIN SUBTYPE, 2015–2022 (USD MILLION)
        • Table THERMOPLASTIC AUTOMOTIVE COMPOSITES MARKET SIZE, BY RESIN SUBTYPE, 2015–2022 (KILOTON)
  • AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS
    • INTRODUCTION
    • COMPARATIVE STUDY OF MAJOR AUTOMOTIVE COMPOSITES MANUFACTURING PROCESSES
      • Table AUTOMOTIVE COMPOSITES MARKET SIZE, BY MANUFACTURING PROCESS, 2015–2022 (USD MILLION)
      • Table AUTOMOTIVE COMPOSITES MARKET SIZE, BY MANUFACTURING PROCESS, 2015–2022 (KILOTON)
    • COMPRESSION MOLDED AUTOMOTIVE COMPOSITES
      • Table COMPRESSION MOLDED AUTOMOTIVE COMPOSITES MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
      • Table COMPRESSION MOLDED AUTOMOTIVE COMPOSITES MARKET SIZE, BY REGION, 2015–2022 (KILOTON)
    • INJECTION MOLDED AUTOMOTIVE COMPOSITES
      • Table INJECTION MOLDED AUTOMOTIVE COMPOSITES MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
      • Table INJECTION MOLDED AUTOMOTIVE COMPOSITES MARKET SIZE, BY REGION, 2015–2022 (KILOTON)
    • RESIN TRANSFER MOLDED AUTOMOTIVE COMPOSITES
      • Table RESIN TRANSFER MOLDED AUTOMOTIVE COMPOSITES MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
      • Table RESIN TRANSFER MOLDED AUTOMOTIVE COMPOSITES MARKET SIZE, BY REGION, 2015–2022 (KILOTON)
    • OTHER PROCESSES
      • FILAMENT WINDING PROCESS
      • CONTINUOUS PROCESS
      • MANUAL PROCESS
        • Table OTHER PROCESSES AUTOMOTIVE COMPOSITES MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
        • Table OTHER PROCESSES AUTOMOTIVE COMPOSITES MARKET SIZE, BY REGION, 2015–2022 (KILOTON)
  • AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION
    • INTRODUCTION
      • Table AUTOMOTIVE COMPOSITES MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
      • Table AUTOMOTIVE COMPOSITES MARKET SIZE, BY APPLICATION, 2015–2022 (KILOTON)
    • EXTERIOR
      • Table AUTOMOTIVE COMPOSITES MARKET SIZE IN EXTERIOR APPLICATION, BY FIBER TYPE, 2015–2022 (USD MILLION)
      • Table AUTOMOTIVE COMPOSITES MARKET SIZE IN EXTERIOR APPLICATION, BY FIBER TYPE, 2015–2022 (KILOTON)
    • INTERIOR
      • Table AUTOMOTIVE COMPOSITES MARKET SIZE IN INTERIOR APPLICATION, BY FIBER TYPE 2015–2022 (USD MILLION)
      • Table AUTOMOTIVE COMPOSITES MARKET SIZE IN INTERIOR APPLICATION, BY FIBER TYPE 2015–2022 (KILOTON)
    • POWERTRAIN
      • Table AUTOMOTIVE COMPOSITES MARKET SIZE IN POWERTRAIN APPLICATION, BY FIBER TYPE 2015–2022 (USD MILLION)
      • Table AUTOMOTIVE COMPOSITES MARKET SIZE IN POWERTRAIN APPLICATION, BY FIBER TYPE 2015–2022 (KILOTON)
    • CHASSIS
      • Table AUTOMOTIVE COMPOSITES MARKET SIZE IN CHASSIS APPLICATION, BY FIBER TYPE, 2015–2022 (USD MILLION)
      • Table AUTOMOTIVE COMPOSITES MARKET SIZE IN CHASSIS APPLICATION, BY FIBER TYPE 2015–2022 (TON)
  • AUTOMOTIVE COMPOSITES MARKET, BY VEHICLE TYPE
    • INTRODUCTION
    • NON-ELECTRIC VEHICLES
    • ELECTRIC VEHICLES
      • Table AUTOMOTIVE COMPOSITES MARKET SIZE, BY VEHICLE TYPE, 2015–2022 (USD MILLION)
      • Table AUTOMOTIVE COMPOSITES MARKET SIZE, BY VEHICLE TYPE, 2015–2022 (KILOTON)
  • REGIONAL ANALYSIS
    • INTRODUCTION
      • Table AUTOMOTIVE COMPOSITES MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
      • Table AUTOMOTIVE COMPOSITES MARKET SIZE, BY REGION, 2015–2022 (KILOTON)
    • EUROPE
      • Table EUROPE: AUTOMOTIVE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2015–2022 (USD MILLION)
      • Table EUROPE: AUTOMOTIVE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2015–2022 (KILOTON)
      • Table EUROPE: AUTOMOTIVE COMPOSITES MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
      • Table EUROPE: AUTOMOTIVE COMPOSITES MARKET SIZE, BY COUNTRY, 2015–2022 (KILOTON)
      • GERMANY
      • FRANCE
      • U.K.
      • ITALY
      • SPAIN
      • HUNGARY
      • BELGIUM
      • REST OF EUROPE
    • NORTH AMERICA
      • Table NORTH AMERICA: AUTOMOTIVE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2015–2022 (USD MILLION)
      • Table NORTH AMERICA: AUTOMOTIVE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2015–2022 (KILOTON)
      • Table NORTH AMERICA: AUTOMOTIVE COMPOSITES MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
      • Table NORTH AMERICA: AUTOMOTIVE COMPOSITES MARKET SIZE, BY COUNTRY, 2015–2022 (KILOTON)
      • U.S.
      • CANADA
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC: AUTOMOTIVE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2015–2022 (USD MILLION)
      • Table ASIA-PACIFIC: AUTOMOTIVE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2015–2022 (KILOTON)
      • Table ASIA-PACIFIC: AUTOMOTIVE COMPOSITES MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
      • Table ASIA-PACIFIC: AUTOMOTIVE COMPOSITES MARKET SIZE, BY COUNTRY, 2015–2022 (KILOTON)
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • AUSTRALIA
      • REST OF ASIA-PACIFIC
    • LATIN AMERICA
      • Table LATIN AMERICA: AUTOMOTIVE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2015–2022 (USD MILLION)
      • Table LATIN AMERICA: AUTOMOTIVE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2015–2022 (KILOTON)
      • Table LATIN AMERICA: AUTOMOTIVE COMPOSITES MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
      • Table LATIN AMERICA: AUTOMOTIVE COMPOSITES MARKET SIZE, BY COUNTRY, 2015–2022 (KILOTON)
      • MEXICO
      • BRAZIL
      • REST OF LATIN AMERICA
    • MIDDLE EAST & AFRICA
      • Table MIDDLE EAST & AFRICA: AUTOMOTIVE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2015–2022 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: AUTOMOTIVE COMPOSITES MARKET SIZE, BY FIBER TYPE, 2015–2022 (KILOTON)
      • Table MIDDLE EAST & AFRICA: AUTOMOTIVE COMPOSITES MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: AUTOMOTIVE COMPOSITES MARKET SIZE, BY COUNTRY, 2015–2022 (KILOTON)
      • SOUTH AFRICA
      • UAE
      • REST OF MIDDLE EAST & AFRICA
  • COMPETITIVE LANDSCAPE
    • MARKET SHARE ANALYSIS
  • COMPANY PROFILES
    • TORAY INDUSTRIES, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • SGL GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • SOLVAY S.A.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • UFP TECHNOLOGIES, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • KONINKLIJKE TEN CATE B.V.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • GURIT
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • TOHO TENAX CO. LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • MITSUBISHI CHEMICAL CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • PLASAN CARBON COMPOSITES
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • CONTINENTAL STRUCTURAL PLASTICS INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • OTHER KEY PLAYERS
      • OWENS CORNING
      • 3B FIBERGLASS COMPANY
      • HEXCEL CORPORATION
      • MUBEA CARBO TECH GMBH
      • QUANTUM COMPOSITES
      • GMS COMPOSITES
      • TPI COMPOSITES
      • HANWHA AZDEL
      • MAGNA INTERNATIONAL INC.
      • MAHINDRA CIE AUTOMOTIVE LTD.
      • AAT COMPOSITES (PTY) LTD.
      • SABIC (SAUDI ARABIA BASIC INDUSTRIES CORPORATION)
      • CREATIVE COMPOSITES LTD.
      • NIPPON SHEET GLASS CO. LTD.
      • FORMAPLEX
      • IDI COMPOSITE INTERNATIONAL
  • APPENDIX
    • INSIGHTS FROM INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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