DUBLIN—Research and Markets has announced the addition of the "Growth Opportunities for Composites in the North American Automotive Market 2016-2021: Trends, Forecast, and Opportunity Analysis" report to their offering.

The North American automotive composites market is expected to reach an estimated $3.5 billion by 2021 and it is forecast to grow at a CAGR of 6.0% from 2016 to 2021.

The major drivers of growth for this market are increasing automotive production and increasing demand for lightweight materials to achieve higher fuel efficiency and reduce greenhouse gas emissions. The US government has set new standards requiring light vehicles to achieve a Corporate Average Fuel Efficiency (CAFE) standard of 36.6 mpg by 2017 and 54.5 mpg by 2025. The federal proposal to improve CAFE standards serves as a major stimulus to incorporate lightweight materials such as composites.

Emerging trends, which have a direct impact on the dynamics of the industry, include increasing penetration of thermoplastic and carbon composites. Strategic alliances between OEMs, carbon fiber and resin suppliers in the automotive industry are also the emerging trends.

Scope of the Report

By Application Type (Value ($M) and Volume (M lbs) from 2010 to 2021):

- Interior

- Exterior

- Under the body systems

- Chassis

- Power trains

- Others

By Resin Composite Type (Value ($M) and Volume (M lbs) from 2010 to 2021):

- Polypropylene (PP) Composites

- Polybutylene terephthalate (PBT) Composites

- Polyamide (PA) Composites

- Vinyl ester Composites

- Polyester Composites

- Phenolic Composites

- Other Composites

By Material Type (Value ($M) and Volume (M lbs) from 2010 to 2021):

- Sheet Molding Compound (SMC)

- Bulk Molding Compound (BMC)

- Glass Mat Thermoplastic (GMT)

- Short Fiber Thermoplastic (SFT)

- Long Fiber Thermoplastic (LFT)

- Continuous Fiber Thermoplastic (CFT)

- Phenolic Composites

- Polyurethane (PU) Composites

- Natural Fiber Composites

- Other composites

By Fiber Composite Type (Value ($M) and Volume (M lbs) from 2010 to 2021):

- Glass Fiber Composites

- Carbon Fiber Composites

- Natural Fiber Composites

By Resin Group Type (Value ($M) and Volume (M lbs) from 2010 to 2021):

- Thermoplastic Composites

- Thermosets Composites

Key Topics Covered:

1. Executive Summary

2. North American Automotive Composites Market Background and Classifications

3. Market Trends and Forecast Analysis

4. Country Analysis

5. Competitor Analysis

6. Growth Opportunities & Strategic Analysis

7. Company Profiles of Leading Players

For more information about this report visit http://www.researchandmarkets.com/research/7n3x8s/growth

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Related Topics: Composites , Automotive Materials