Global Automotive Carbon Fiber Composites Market Research Report - Forecast to 2027

Automotive Carbon Fiber Composites Market, By Production Type (Hand Layup, Resin Transfer Molding, Vacuum Infusion Processing, Injection Molding, Compression Molding), By Application (Structural Assembly, Power Train Components, Interior, Exterior and other) and Region- Forecast 2020-2027

ID: MRFR/AM/2243-HCR | February 2021 | Region: Global | 110 pages

Please note that the assessment period of report has been updated from 2017-2023 to 2020-2027. Cordially fill the sample form for updated data.

Automotive Carbon Fiber Composites Market Synopsis:


Global automotive carbon fiber composites market is forecast to grow at a CAGR of 10.6% from 2017 to 2023.


Booming automotive industry leads to increase in demand for automotive carbon fiber composites market. The increase in vehicle production along with emission norms, as well as adoption of new technologies are some of the factors which drives the market. Moreover, growing demand for carbon fiber-reinforced plastics in luxury cars, race cars and other high-performance cars pushing the market towards growth. Recent trend shows that, development of transformative technologies and material systems to make carbon fiber parts for mass-volume vehicles have direct impact on the dynamics of the automotive composites carbon fiber industry. Whereas, high cost of manufacturing composite materials acts as a major restraint for the growth of the market.


Study Objectives of Automotive Carbon Fiber Composites Market:



  • To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the automotive carbon fiber composites market.

  • To provide insights about factors affecting the market growth.

  • To analyze the automotive carbon fiber composites markets market based Porter’s Five Force Analysis etc.

  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)

  • To provide country level analysis of the market with respect to the current market size and future prospective

  • To provide country level analysis of the market for segment by product ,technology, vehicle type and sub-segments

  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market

  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the automotive carbon fiber composites market


Key Players:


The major player operating in the market of global automotive carbon fiber composites are Cytec Industries (U.S.), SGL Carbon SE (Germany), Toray Industries, Inc. (Japan), ACP Composites, Inc (U.S.), Clearwater Composites, LLC (U.S.), Owens Corning (U.S.), HITCO Carbon Composites Inc (U.S.), Mitsubishi Rayon Carbon Fiber and Composites, Inc. (U.S.), Polar Manufacturing Limited (U.K.) and Rock West Composites (U.S.)


Global Automotive Carbon Fiber Composites Market: Segmentation


 


 Automotive Carbon Fiber Composites Market


Regional Analysis:


Asia pacific is referred as fastest and largest growing market for automotive carbon fiber composites. Countries such as china and India showing growth due to attributing features such as light weight vehicles as well as enhanced fuel efficiency. Increased production capacity in terms of volume and new facilities with innovative technological advancements are driving the market of automotive carbon fiber composites in the APAC region.


Target Audience:



  • Organizations

  • Manufacturer

  • Research Institute / Education Institute

  • Potential Investors


Product Analysis:



  • Product matrix which gives a detailed comparison of the market for different recycled product types


Additional Information:



  • Regulatory Landscape

  • Pricing Analysis

  • Macroeconomic Indicators


Geographic Analysis:



  • Geographical analysis across 15 countries


Company Information:



  • Profiling of 10 key  market players

  • In-depth analysis including SWOT analysis, and strategy  information of related to report title

  • Competitive landscape including emerging trends adopted by major companies


The report for Global Automotive Carbon Fiber Composites Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant Value
  CAGR   10.6% CAGR (2020-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Production Type, Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Cytec Industries (U.S.), SGL Carbon SE (Germany), Toray Industries, Inc. (Japan), ACP Composites, Inc (U.S.), Clearwater Composites, LLC (U.S.), Owens Corning (U.S.), HITCO Carbon Composites Inc (U.S.), Mitsubishi Rayon Carbon Fiber and Composites, Inc. (U.S.), Polar Manufacturing Limited (U.K.) and Rock West Composites (U.S.)
  Key Market Opportunities   Increase in vehicle production along with emission norms, as well as adoption of new technologies
  Key Market Drivers   Growing demand for carbon fiber-reinforced plastics in luxury cars, race cars and other high-performance cars


Frequently Asked Questions (FAQ) :


The augmented inclination towards carbon fiber-reinforced plastics, especially in luxury and race cars, is expected to benefit the market.

A 10.06% CAGR is expected to set the market on a favorable course of development.

A promising revenue level is expected to transform the market’s growth potential.

HITCO Carbon Composites Inc (U.S.), Owens Corning (U.S.), and Mitsubishi Rayon Carbon Fiber and Composites, Inc. (U.S.) are influencing the market growth.