DUBLIN—The "Automotive Composites Market - Forecasts from 2017 to 2022" report has been added to Research and Markets' offering.

Automotive Composites market is projected to grow at a CAGR of 8.08% over the projected period to reach US$7.322 billion by 2022, from US$4.965 billion in 2017.

High fuel prices and mounting concerns over the availability of limited non-renewable resources is driving the demand for fuel efficient vehicles, thereby propelling the automotive composites market growth. Moreover, the need to reduce carbon emissions in automotive due to environmental regulations along with strict automotive regulatory requirements further contribute to the market growth to an extent.

Superior properties and advantages of composites such as reduction in overall weight of the vehicle, resistance to chemical corrosion and improved performance are augmenting its adoption over the forecast period. However, the high cost of composites and rising concerns over recyclability may impede the market growth.

Asia Pacific is a large market for automotive composites and is also expected to grow at a high rate over the projected period. The high consumption of automobile owing to large population base with growing middle class, especially in emerging economies like India and China, drive the regional market growth.

Segmentation

By Type

  • Polymer Matrix
  • Glass Fiber
  • Natural Fiber
  • Carbon Fiber
  • Ceramic Matrix
  • Metal Matrix

By Application

  • Exterior
  • Interior
  • Structural
  • Chassis and Powertrain
  • Others

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Global Automotive Composites Market Forecast by Type (US$ billion)

6. Global Automotive Composites Market Forecast by Application (US$ billion)

7. Global Automotive Composites Market Forecast by Geography (US$ billion)

8. Competitive Intelligence

9. Company Profiles

Companies Mentioned

  • Toray Industries
  • Cytec Industries
  • TenCate
  • Owens Corning
  • Johns Manville
  • Jushi Group
  • Nippon Sheet Glass
  • Ford
  • SGL Group
  • Volkswagen

For more information about this report visit https://www.researchandmarkets.com/research/pz9zh3/automotive

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Related Topics: Composites, Automotive Materials