Strategic Analysis to Understand the Competitive Outlook of Automotive Composites Market

By Fiber (Carbon, Glass, and Natural), By Resin Type (Thermoplastics (PP, PA, HPP, and Others) and Thermoset (Epoxy, Polyurethane, Polyester, Vinyl Ester, and Phenolic)), By Applications (Body Components, Interior Components, Engine & Drive train Components, and Other Components), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

  

Prophecy Market Insights has recently published its insights on “Global Automotive Composites Market” for the forecast period of 2018-2029. The market is segmented into By Fiber (Carbon, Glass, and Natural), By Resin Type (Thermoplastics (PP, PA, HPP, and Others) and Thermoset (Epoxy, Polyurethane, Polyester, Vinyl Ester, and Phenolic)), By Applications (Body Components, Interior Components, Engine & Drive train Components, and Other Components), and By Region

Growing adoption of electrical and hybrid vehicles is major factor diving growth of the global market. In addition, increasing awareness about the environmentally friendly electric vehicles across the globe is another factor propelling growth of the target market. Furthermore, increasing use of electric and hybrid vehicles increases the demand for automotive composites for the reduction of added weight from batteries and hybrid engines. According to the data published by International Energy Agency (IEA), in 2018, over 1 million electric cars were sold in 2017, with more than half of global sales in China. The total number of electric cars on the road surpassed 3 million worldwide, an expansion of over 50% from 2016. Moreover, share of Battery Electric Vehicles BEVs in the overall electric car stock continued to grow at moderate rates, rising from 58% in 2013 to 62% in 2017 and Plug-in Hybrid Electric Vehicles (PHEVs) sales shares have increased in the same time frame in the European and Chinese Market....READ MORE

The report expected to answer various target market related questions and offers insights on:

• Definition, description, overview of market growth influencing factors, and forecast for the target market
• Scope for related market in the forecast period
• Analysis and outcome for the global automotive composites market by segment and region followed by countries
• Market segmentation, dominating segment and region followed by country along with market value, share, Y-o-Y growth, CAGR, forecast, and contribution in the market
• Key market player profiles, their recent developments, strategies, financial details, key competencies, presence by region, and product portfolio
• Valuable insights, data, and forecast that can be referenced to plan business strategies, to tap market opportunities, understand business related risks, derive business goals, to recognize trends, and understand target customers/end users
• Insights on recent technologies, pipeline products, regulations related with target market, market investment, and offers insights on political and economic factors that may influence market growth
• PEST Analysis, PORTER’s five forces analysis, opportunity map analysis, drivers and restraints impact analysis, and market attractiveness index

Key players in the global  Automotive Composites  Market include:

• Binani Industries Limited
• Cytec Industries Inc.
• SGL Group
• Toray Industries
• Teijin Limited
• DowDupont Inc.
• Gurit Holdings
• Johnson Controls Company