Automotive Composites Market Research Reportβ€”Global Forecast till 2028

Automotive Composites Market Research Report: Information By Fiber Type (Glass Fiber, Carbon Fiber, Others) By Manufacturing Process (Compression Molding, Injection Molding, Resin Transfer Molding, Others), Application (Exterior, Interior, Powertrain, Chassis) Forecast till 2028

ID: MRFR/CnM/9259-HCR | August 2022 | Region: Global | 100 Pages         

TABLE OF CONTENTS

1. EXECUTIVE SUMMARY

1.1. Market Attractiveness Analysis

1.1.1. Global Automotive Composites Market, by Fiber Type

1.1.2. Global Automotive Composites Market, by Resin Type

1.1.3. Global Automotive Composites Market, by Manufacturing Process

1.1.4. Global Automotive Composites Market, by Application

1.1.5. Global Active Ingredients Market, by Region

2. MARKET INTRODUCTION

2.1. Definition

2.2. Scope of the Study

2.3. Market Structure

3. RESEARCH METHODOLOGY

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

3.5. Forecast Model

3.6. List of Assumptions & Assumptions

4. MARKET FACTOR ANALYSIS

4.1.1. Introduction

4.1.2. Drivers

4.1.3. Restraints

4.1.4. Opportunities

4.1.5. Challenges

4.1.6. Trends

5. MARKET DYNAMICS

5.1. Supply Chain Analysis

5.2. Raw Material Suppliers

5.3. Polymer Bearings Manufacturers

5.4. Distribution & Sales Channel

5.5. End Users

5.6. Porter’s Five Forces Model

5.7. Bargaining Power of Suppliers

5.8. Bargaining Power of Buyers

5.9. Threat of New Entrants

5.10. Threat of Substitutes

5.11. Intensity of Rivalry

5.12. Pricing Analysis (USD/Tons), by Region

5.13. Impact of COVID-19 on the Global Automotive Composites Market

6. GLOBAL AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE

6.1. Introduction

6.2. Glass Fiber

6.2.1. Market Estimates & Forecast, by Region/ Country, 2018–2028

6.3. Carbon Fiber

6.3.1. Market Estimates & Forecast, by Region/ Country, 2018–2028

6.4. Others

6.4.1. Market Estimates & Forecast, by Region/ Country, 2018–2028

7. GLOBAL AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE

7.1. Introduction

7.2. Thermoset

7.2.1. Market Estimates & Forecast, by Region/ Country, 2018–2028

7.3. Thermoplastic

7.3.1. Market Estimates & Forecast, by Region/ Country, 2018–2028

8. GLOBAL AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS

8.1. Introduction

8.2. Compression Molding

8.2.1. Market Estimates & Forecast, by Region/ Country, 2018–2028

8.3. Injection Molding

8.3.1. Market Estimates & Forecast, by Region/ Country, 2018–2028

8.4. Resin Transfer Molding (RTM)

8.4.1. Market Estimates & Forecast, by Region/ Country, 2018–2028

8.5. Others

8.5.1. Market Estimates & Forecast, by Region/ Country, 2018–2028

9. GLOBAL AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION

9.1. Introduction

9.2. Thermoset

9.2.1. Market Estimates & Forecast, by Region/ Country, 2018–2028

9.3. Interior

9.3.1. Market Estimates & Forecast, by Region/ Country, 2018–2028

9.4. Powertrain

9.4.1. Market Estimates & Forecast, by Region/ Country, 2018–2028

9.5. Chassis

9.5.1. Market Estimates & Forecast, by Region/ Country, 2018–2028

10. GLOBAL AUTOMOTIVE COMPOSITES MARKET, BY REGION

10.1. Overview

10.2. North America

10.2.1. US

10.2.2. Canada

10.2.3. Mexico

10.3. Europe

10.3.1. Germany

10.3.2. UK

10.3.3. France

10.3.4. Spain

10.3.5. Italy

10.3.6. Rest of Europe

10.4. Asia-Pacific

10.4.1. China

10.4.2. Japan

10.4.3. India

10.4.4. South Korea

10.4.5. Australia

10.4.6. Rest of Asia-Pacific

10.5. Rest of the World

10.5.1. Middle East

10.5.2. Africa

10.5.3. South America

11. COMPETITIVE LANDSCAPE

11.1.1. Market Introduction

11.1.2. Recent Developments

11.1.3. Mergers/Acquisitions, Expansion, Investment, Partnership, Collaboration, Product Launch

11.1.4. Global Market Strategy Analysis

11.1.5. Competitive Benchmarking

12. COMPANY PROFILES

12.1. TORAY INDUSTRIES, INC. (Japan)

12.1.1. Company Overview

12.1.2. Financial Overview

12.1.3. Software/Solutions Offered

12.1.4. Key Developments

12.1.5. SWOT Analysis

12.1.6. Key Strategies

12.2. SGL Carbon SE (Germany)

12.2.1. Company Overview

12.2.2. Financial Overview

12.2.3. Software/Solutions Offered

12.2.4. Key Developments

12.2.5. SWOT Analysis

12.2.6. Key Strategies

12.3. TEIJIN LIMITED (Japan)

12.3.1. Company Overview

12.3.2. Financial Overview

12.3.3. Software/Solutions Offered

12.3.4. Key Developments

12.3.5. SWOT Analysis

12.3.6. Key Strategies

12.4. Mitsubishi Chemical Holding Corporation (Japan)

12.4.1. Company Overview

12.4.2. Financial Overview

12.4.3. Software/Solutions Offered

12.4.4. Key Developments

12.4.5. SWOT Analysis

12.4.6. Key Strategies

12.5. Hexcel Corporation (US)

12.5.1. Company Overview

12.5.2. Financial Overview

12.5.3. Software/Solutions Offered

12.5.4. Key Developments

12.5.5. SWOT Analysis

12.5.6. Key Strategies

12.6. Magna International Inc. (Canada)

12.6.1. Company Overview

12.6.2. Financial Overview

12.6.3. Software/Solutions Offered

12.6.4. Key Developments

12.6.5. SWOT Analysis

12.6.6. Key Strategies

12.7. PLASAN CARBON COMPOSITES (US)

12.7.1. Company Overview

12.7.2. Financial Overview

12.7.3. Software/Solutions Offered

12.7.4. Key Developments

12.7.5. SWOT Analysis

12.7.6. Key Strategies

12.8. Solvay (Belgium)

12.8.1. Company Overview

12.8.2. Financial Overview

12.8.3. Software/Solutions Offered

12.8.4. Key Developments

12.8.5. SWOT Analysis

12.8.6. Key Strategies

12.9. GURIT (Switzerland)

12.9.1. Company Overview

12.9.2. Financial Overview

12.9.3. Software/Solutions Offered

12.9.4. Key Developments

12.9.5. SWOT Analysis

12.9.6. Key Strategies

12.10. UFP Technologies, Inc. (US)

12.10.1. Company Overview

12.10.2. Financial Overview

12.10.3. Software/Solutions Offered

12.10.4. Key Developments

12.10.5. SWOT Analysis

12.10.6. Key Strategies

12.11. Huntsman International LLC (US)

12.11.1. Company Overview

12.11.2. Financial Overview

12.11.3. Software/Solutions Offered

12.11.4. Key Developments

12.11.5. SWOT Analysis

12.11.6. Key Strategies

12.12. Hexion Inc. (US)

12.12.1. Company Overview

12.12.2. Financial Overview

12.12.3. Software/Solutions Offered

12.12.4. Key Developments

12.12.5. SWOT Analysis

12.12.6. Key Strategies

12.13. Nippon Electric Glass Co., Ltd. (Japan)

12.13.1. Company Overview

12.13.2. Financial Overview

12.13.3. Software/Solutions Offered

12.13.4. Key Developments

12.13.5. SWOT Analysis

12.13.6. Key Strategies

12.14. Jushi Group Co., Ltd (China)

12.14.1. Company Overview

12.14.2. Financial Overview

12.14.3. Software/Solutions Offered

12.14.4. Key Developments

12.14.5. SWOT Analysis

12.14.6. Key Strategies

12.15. Owens Corning (US)

12.15.1. Company Overview

12.15.2. Financial Overview

12.15.3. Software/Solutions Offered

12.15.4. Key Developments

12.15.5. SWOT Analysis

12.15.6. Key Strategies

13. APPENDIX

13.1. Discussion Blueprint

LIST OF TABLES

TABLE 1 GLOBAL AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

TABLE 2 GLOBAL AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

TABLE 3 GLOBAL AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

TABLE 4 GLOBAL AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

TABLE 5 GLOBAL AUTOMOTIVE COMPOSITES MARKET, BY REGION, 2018–2028 (USD BILLION)

TABLE 6 NORTH AMERICA AUTOMOTIVE COMPOSITES MARKET, BY COUNTRY, 2018–2028 (USD BILLION)

TABLE 7 NORTH AMERICA AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

TABLE 8 NORTH AMERICA AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

TABLE 9 NORTH AMERICA AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

TABLE 10 NORTH AMERICA AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

TABLE 11 US AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

TABLE 12 US AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

TABLE 13 US AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

TABLE 14 US AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

TABLE 15 CANADA AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

TABLE 16 CANADA AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

TABLE 17 CANADA AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

TABLE 18 CANADA AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

TABLE 19 MEXICO AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

TABLE 20 MEXICO AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

TABLE 21 MEXICO AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

TABLE 22 MEXICO AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

TABLE 23 EUROPE AUTOMOTIVE COMPOSITES MARKET, BY COUNTRY, 2018–2028 (USD BILLION)

TABLE 24 EUROPE AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

TABLE 25 EUROPE AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

TABLE 26 EUROPE AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

TABLE 27 EUROPE AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

TABLE 28 GERMANY AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

TABLE 29 GERMANY AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

TABLE 30 GERMANY AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

TABLE 31 GERMANY AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

TABLE 32 FRANCE AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

TABLE 33 FRANCE AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

TABLE 34 FRANCE AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

TABLE 35 FRANCE AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

TABLE 36 UK AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

TABLE 37 UK AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

TABLE 38 UK AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

TABLE 39 UK AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

TABLE 40 ITALY AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

TABLE 41 ITALY AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

TABLE 42 ITALY AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

TABLE 43 ITALY AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

TABLE 44 SPAIN AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

TABLE 45 SPAIN AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

TABLE 46 SPAIN AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

TABLE 47 SPAIN AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

TABLE 48 REST OF EUROPE AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

TABLE 49 REST OF EUROPE AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

TABLE 50 REST OF EUROPE AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

TABLE 51 REST OF EUROPE AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

TABLE 52 ASIA-PACIFIC AUTOMOTIVE COMPOSITES MARKET, BY COUNTRY, 2018–2028 (USD BILLION)

TABLE 53 ASIA-PACIFIC AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

TABLE 54 ASIA-PACIFIC AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

TABLE 55 ASIA-PACIFIC AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

TABLE 56 ASIA-PACIFIC AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

TABLE 57 CHINA AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

TABLE 58 CHINA AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

TABLE 59 CHINA AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

TABLE 60 CHINA AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

TABLE 61 INDIA AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

TABLE 62 INDIA AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

TABLE 63 INDIA AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

TABLE 64 INDIA AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

TABLE 65 JAPAN AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

TABLE 66 JAPAN AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

TABLE 67 JAPAN AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

TABLE 68 JAPAN AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

TABLE 69 AUSTRALIA AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

TABLE 70 AUSTRALIA AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

TABLE 71 AUSTRALIA AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

TABLE 72 AUSTRALIA AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

TABLE 73 SOUTH KOREA AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

TABLE 74 SOUTH KOREA AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

TABLE 75 SOUTH KOREA AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

TABLE 76 SOUTH KOREA AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

TABLE 77 REST OF ASIA-PACIFIC AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

TABLE 78 REST OF ASIA-PACIFIC AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

TABLE 79 REST OF ASIA-PACIFIC AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

TABLE 80 REST OF ASIA-PACIFIC AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

TABLE 81 REST OF THE WORLD AUTOMOTIVE COMPOSITES MARKET, BY COUNTRY, 2018–2028 (USD BILLION)

TABLE 82 REST OF THE WORLD AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

TABLE 83 REST OF THE WORLD AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

TABLE 84 REST OF THE WORLD AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

TABLE 85 REST OF THE WORLD AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

TABLE 86 MIDDLE EAST AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

TABLE 87 MIDDLE EAST AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

TABLE 88 MIDDLE EAST AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

TABLE 89 MIDDLE EAST AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

TABLE 90 AFRICA AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

TABLE 91 AFRICA AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

TABLE 92 AFRICA AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

TABLE 93 AFRICA AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

TABLE 94 SOUTH AMERICA AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

TABLE 95 SOUTH AMERICA AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

TABLE 96 SOUTH AMERICA AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

TABLE 97 SOUTH AMERICA AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

LIST OF FIGURES

FIGURE 1 MARKET SYNOPSIS

FIGURE 2 RESEARCH PROCESS OF MRFR

FIGURE 3 TOP-DOWN & BOTTOM-UP APPROACH

FIGURE 4 GLOBAL AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

FIGURE 5 GLOBAL AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

FIGURE 6 GLOBAL AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

FIGURE 7 GLOBAL AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

FIGURE 8 GLOBAL AUTOMOTIVE COMPOSITES MARKET, BY REGION, 2018–2028 (USD BILLION)

FIGURE 9 NORTH AMERICA AUTOMOTIVE COMPOSITES MARKET, BY COUNTRY, 2018–2028 (USD BILLION)

FIGURE 10 NORTH AMERICA AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

FIGURE 11 NORTH AMERICA AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

FIGURE 12 NORTH AMERICA AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

FIGURE 13 NORTH AMERICA AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

FIGURE 14 US AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

FIGURE 15 US AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

FIGURE 16 US AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

FIGURE 17 US AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

FIGURE 18 CANADA AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

FIGURE 19 CANADA AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

FIGURE 20 CANADA AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

FIGURE 21 CANADA AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

FIGURE 22 MEXICO AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

FIGURE 23 MEXICO AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

FIGURE 24 MEXICO AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

FIGURE 25 MEXICO AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

FIGURE 26 EUROPE AUTOMOTIVE COMPOSITES MARKET, BY COUNTRY, 2018–2028 (USD BILLION)

FIGURE 27 EUROPE AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

FIGURE 28 EUROPE AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

FIGURE 29 EUROPE AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

FIGURE 30 EUROPE AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

FIGURE 31 GERMANY AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

FIGURE 32 GERMANY AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

FIGURE 33 GERMANY AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

FIGURE 34 GERMANY AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

FIGURE 35 FRANCE AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

FIGURE 36 FRANCE AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

FIGURE 37 FRANCE AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

FIGURE 38 FRANCE AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

FIGURE 39 UK AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

FIGURE 40 UK AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

FIGURE 41 UK AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

FIGURE 42 UK AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

FIGURE 43 ITALY AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

FIGURE 44 ITALY AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

FIGURE 45 ITALY AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

FIGURE 46 ITALY AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

FIGURE 47 SPAIN AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

FIGURE 48 SPAIN AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

FIGURE 49 SPAIN AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

FIGURE 50 SPAIN AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

FIGURE 51 REST OF EUROPE AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

FIGURE 52 REST OF EUROPE AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

FIGURE 53 REST OF EUROPE AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

FIGURE 54 REST OF EUROPE AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

FIGURE 55 ASIA-PACIFIC AUTOMOTIVE COMPOSITES MARKET, BY COUNTRY, 2018–2028 (USD BILLION)

FIGURE 56 ASIA-PACIFIC AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

FIGURE 57 ASIA-PACIFIC AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

FIGURE 58 ASIA-PACIFIC AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

FIGURE 59 ASIA-PACIFIC AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

FIGURE 60 CHINA AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

FIGURE 61 CHINA AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

FIGURE 62 CHINA AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

FIGURE 63 CHINA AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

FIGURE 64 INDIA AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

FIGURE 65 INDIA AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

FIGURE 66 INDIA AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

FIGURE 67 INDIA AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

FIGURE 68 JAPAN AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

FIGURE 69 JAPAN AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

FIGURE 70 JAPAN AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

FIGURE 71 JAPAN AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

FIGURE 72 AUSTRALIA AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

FIGURE 73 AUSTRALIA AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

FIGURE 74 AUSTRALIA AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

FIGURE 75 AUSTRALIA AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

FIGURE 76 SOUTH KOREA AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

FIGURE 77 SOUTH KOREA AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

FIGURE 78 SOUTH KOREA AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

FIGURE 79 SOUTH KOREA AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

FIGURE 80 REST OF ASIA-PACIFIC AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

FIGURE 81 REST OF ASIA-PACIFIC AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

FIGURE 82 REST OF ASIA-PACIFIC AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

FIGURE 83 REST OF ASIA-PACIFIC AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

FIGURE 84 REST OF THE WORLD AUTOMOTIVE COMPOSITES MARKET, BY COUNTRY, 2018–2028 (USD BILLION)

FIGURE 85 REST OF THE WORLD AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

FIGURE 86 REST OF THE WORLD AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

FIGURE 87 REST OF THE WORLD AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

FIGURE 88 REST OF THE WORLD AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

FIGURE 89 MIDDLE EAST AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

FIGURE 90 MIDDLE EAST AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

FIGURE 91 MIDDLE EAST AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

FIGURE 92 MIDDLE EAST AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

FIGURE 93 AFRICA AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

FIGURE 94 AFRICA AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

FIGURE 95 AFRICA AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

FIGURE 96 AFRICA AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

FIGURE 97 SOUTH AMERICA AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2018–2028 (USD BILLION)

FIGURE 98 SOUTH AMERICA AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2018–2028 (USD BILLION)

FIGURE 99 SOUTH AMERICA AUTOMOTIVE COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2018–2028 (USD BILLION)

FIGURE 100 SOUTH AMERICA AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2018–2028 (USD BILLION)

FIGURE 109 REST OF SOUTH AMERICA LIQUID PACKAGING MARKET, BY END-USE INDUSTRY, 2018–2028 (USD Billion)

Automotive Composites Market

According to MRFR analysis, the global automotive composites market is projected to register a CAGR of over 11.2% to reach around USD 15.08 billion by the end of 2028.

Segmentation

By Fiber Type Glass Fiber Carbon Fiber
By Manufacturing Process Compression Molding Injection Molding Resin Transfer Molding
By Application Exterior Interior Powertrain

Key Players

  • TORAY INDUSTRIES
  • INC. (Japan)
  • SGL Carbon SE (Germany)
  • TEIJIN LIMITED (Japan)
  • Mitsubishi Chemical Holding Corporation (Japan)
  • Hexcel Corporation (US)
  • Magna International Inc. (Canada)
  • PLASAN CARBON COMPOSITES (US)
  • Solvay (Belgium)
  • GURIT (Switzerland)
  • UFP Technologies
  • Inc. (US)
  • Huntsman International LLC (US)
  • Hexion Inc. (US)
  • Nippon Electric Glass Co.
  • Ltd. (Japan)
  • Jushi Group Co.
  • Ltd (China)
  • Owens Corning (US)
  • 3B - the fibreglass company (Belgium)
  • Cytec Industries Inc. (US)
  • Johnson Controls Inc. (Ireland)

Drivers

  • A rise in demand for lightweight
  • fuel-efficient vehicles
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Automotive Composites Market Forecast


According to MRFR analysis, the global automotive composites market is projected to register a CAGR of over 11.2% to reach around USD 15.08 billion by the end of 2028.


The automotive industry is in the phase of responding to severe problems affecting users and the natural environment. One of the automotive industry's biggest challenges is reducing automobiles weight to reduce fuel consumption. Due to their high fuel consumption, road transport vehicles are believed to contribute more than a quarter of all greenhouse gas emissions. The weight of automobiles is a key factor in their fuel consumption. In addition, the growing consumer interest in energy security issues and the increasing customer awareness of alternate materials for automobiles are expected to drive the global automotive composites market.


Automobile companies are constantly launching new materials to improve vehicle safety, noise and vibration, and fuel economy. As cars of the past have become more and more dependent on steel for their basic materials, car manufacturers are now turning to aluminum, magnesium, and composite materials that deliver better performance. Automotive composites offer many advantages over traditional steel and injection-molded parts. Because of their properties, composites are being considered as alternatives to steel and aluminum for automobile manufacturing. The most important advantages of using composites in automotive applications are cost, weight, and recyclability.


Automotive composites are made of two or more materials with different properties. The individual materials in an automotive composite are distinct and do not blend into one another, so they are not considered mixtures or solutions. The properties of a composite made from two materials are frequently superior to those of the individual materials. The automotive uses polymer composites, which promise a reduction in weight while maintaining other useful properties such as mechanical strength. Polymer composites often use non-renewable resources like petroleum and require significant amounts of energy to produce. Many researchers are therefore attempting to create green, sustainable composites. Green composites are made from low-value agricultural waste, including grasses and trees, which can be biodegradable. Automotive composites incorporate natural fibers as reinforcing agents or bio-resins as polymer matrixes that include poly(lactic acid) (PLA), polyhydroxybutyrate (PHB), and polysaccharides.


Due to its excellent dimensional stability, composite materials have been increasingly used in the automotive industry in recent years.  High-performance properties such as shape retention, resistance to corrosion in dry and wet conditions, ease of manufacturing, and low weight make composites preferred materials for the automotive industry. The growing demand for lightweight components drives the market for automotive composites to reduce vehicle emissions and enhance fuel efficiency.


Regulatory Framework


The increased use of composite materials in automobiles fuels the quality and inspection standards. To ensure quality and consistency, engineers control manufacturing by adhering to standards, testing components to confirm material conformance with design specifications, and inspecting the components for quality standards. The alloys' composition in automobiles is controlled by industry organizations such as ASTM, CDA, AA, and SAE.


According to the U.S.-Environmental Protection Agency (EPA), the transportation industry in America accounts for nearly one-fourth of the country's greenhouse gas emissions. US automakers follow the average miles per gallon standard for their vehicles. Moreover, the automotive industry focuses on stringent government regulations such as the Corporate Average Fuel Economy (CAFE) standards and the European Emission Standards (EES) that mandate specific levels of fuel efficiency and emissions output per vehicle manufactured. This, in turn, will cause the car companies to focus more on producing lightweight vehicles that will reduce the battery weight and thus increase the fuel efficiency of their cars. The safety associated with composites in automotive, lightweight properties, and stringent government rules helps drive the global automotive composites market.


Impact of Coronavirus Outbreak


After hitting the lowest by the outbreak of COVID-19, the global economy is set to expand 5.6% in 2021. However, the recovery is projected to be uneven owing to the uneven vaccine rollouts, upcoming COVID-19 waves, and withdrawal of monetary support measures. In many emerging markets and developing economies, obstacles to vaccination also result in delayed normalcy. The recovery is envisioned to continue into 2022, with global growth moderating to 4.3%. However, yet the global GDP is expected to remain 1.8% below pre-pandemic projections.


The economic impact of COVID-19 on end-use industries has been significant. Travel restrictions have caused a downturn in many markets, and growth has slowed as a result. The lockdowns have forced production facilities to remain closed, negatively impacting the automotive composites market due to revenue loss from lower adoption of the composites in automotive. All major industries face disruptions, such as supply chain failures, slow technological adoptions, and office closures. Since lifting travel restrictions, growth across application markets has gained significant traction.


The automotive composites market has seen a drop during 2020 due to the COVID-19 ordinance. Lockdowns in various countries have impacted automobile manufacturers, which has played an important role in declining the automotive composites market. The outbreak of the COVID-19 virus has had a major impact on the automotive industry, and carmakers are currently struggling with unprecedented uncertainty. The disruption of supply chain activities has also slowed down manufacturing, delaying the production of motor vehicles and thus hampering the growth of the global composites market. In addition, the decreased demand in the automotive industry was caused by the COVID-19 pandemic, which is affecting the growth of the global automotive composites market. The automotive composites market is expected to recover from 2021 onwards with the increasing demand for electric vehicles, especially in Asia Pacific. The cutback in spending delayed many projects in the automotive composites market, which affected growth in the industry. Now that the spending lockdown has been lifted, automotive composites makers are likely to resume their expansion plans, which will boost markets for these products.


Supply Chain Analysis


The supply chain analysis evaluates every stage and step taken by stakeholders involved throughout the production and distribution of automotive composites. The supply chain includes raw materials and suppliers, automotive composites producers, distribution channels, and end-use industries. The distribution channel in this market comprises distributors, wholesalers, automobiles manufacturers. Some key distributors and suppliers of automotive composites include TORAY INDUSTRIES, INC. (Japan), SGL Carbon SE (Germany), TEIJIN LIMITED (Japan), Mitsubishi Chemical Holding Corporation (Japan), Magna International Inc. (Canada), UFP Technologies, Inc. (US), and Cytec Industries Inc. (US).


Market USP


Extensive use in automobiles


Market Drivers



  • A rise in demand for lightweight, fuel-efficient vehicles

  • Increasing environmental concerns and stringent pollution control measures


Market Restraints



  • High manufacturing and processing cost


Segmentation


By Fiber Type



  • Glass Fiber: Glass fiber contributes the largest share in the global automotive composites market. The increasing need for cost-effective and lighter vehicles is driving the metal substitution in the automotive industry. Alternative materials, such as glass-fiber-reinforced plastic (GFRP), are being used increasingly in manufacturing lightweight automobile parts, including body panels, doors, roofs, frame segments, and seating systems. With its desirable physical properties and major advantages over steel, glass fiber reinforced plastics (GFRP) are used in many automotive industry applications.

  • Carbon Fiber: As manufacturing and aerospace industries have already taken advantage of carbon fiber parts in their products, the automobile industry is now taking the wheel on some of the latest advancements. The carbon fiber segment is expected to grow at the highest CAGR during the forecast period. Carbon fiber can be molded into a variety of shapes, including those that would be impossible to construct with other materials. The automotive industry is expected to use carbon fiber to make strong, lightweight parts in order to increase speed, improve aerodynamics, and increase fuel efficiency.

  • Others: Other fiber types include natural fiber, basalt fiber, aramid fiber, and hybrid fiber


By Manufacturing Process



  • Compression Molding: The compression molding process uses high pressure to form parts from the material. The amount of force and heat applied during the process must be carefully measured and monitored to produce the desired shape.

  • Injection Molding: Injection molding is one of the most commonly used manufacturing processes for plastics. This process allows companies to produce large numbers of high-quality parts from a wide variety of polymers.

  • Resin Transfer Molding (RTM): In RTM, pressure-injected resin fills a mold cavity. This process creates parts with two finished surfaces.

  • Others: Other manufacturing processes include filament winding, continuous process, and Lay-Up process.


By Application



  • Exterior: The exterior application segment has the largest share in the global automotive composites market owing to the increased application of composites in external components such as bumper beams, fenders, front-end modules, door panels, and hoods. Furthermore, the use of composites in exterior parts improves durability, ensures longevity, and reduces maintenance costs in automobiles.

  • Interior: The automotive industry has been using increasingly large amounts of composite materials in recent years. Automotive composites help automakers to design attractive interior components such as dashboard, door panel, cotton felt carpet, rear shelf and trunk floor, carpet, cotton felt carpet, rear shelf and trunk floor, headliner, inner dash, tunnel, engine hood, headrest, and sound insulation and enable them to manufacture lightweight, durable automobiles.

  • Powertrain: A car's powertrain consists of every component that delivers power from the engine to the wheels on the ground. The key components of the powertrain include an engine, transmission, driveshaft, axles, and differential.

  • Chassis: A chassis is the structure of a vehicle that supports its body. Automotive Chassis plays a vital role in the suspension system, making the car much easier to drive.


By Region



  • The North American market for automotive composites is driven by the growing awareness of the environmental impact of using fossil fuels and CO2 emissions standards in the region. The growth in technological advancements, coupled with the rise in automobile production, has aided the growth of the North America automotive composites market. Strategic alliances between carbon fiber and resin suppliers and automakers are expected to drive the North America automotive composites market

  • Europe: The market in Europe is projected to witness high demand for automotive composites due to the growth of the automotive industry in the region. Major contributors to the market growth include Germany, the UK, France, and Russia.

  • Asia-Pacific: Asia-Pacific dominates the global automotive composites market during the forecast period on account of government initiatives in the region. However, rising electric vehicle production is anticipated to provide lucrative opportunities for the growth of the market. The growth potential is in emerging economies such as India, China, South Korea, and Australia. Asia-Pacific, the automotive composites market, has been witnessing significant growth due to the increasing adoption of emission-free vehicles in the region.


Key Players



  • TORAY INDUSTRIES, INC. (Japan)

  • SGL Carbon SE (Germany)

  • TEIJIN LIMITED (Japan)

  • Mitsubishi Chemical Holding Corporation (Japan)

  • Hexcel Corporation (US)

  • Magna International Inc. (Canada)

  • PLASAN CARBON COMPOSITES (US)

  • Solvay (Belgium)

  • GURIT (Switzerland)

  • UFP Technologies, Inc. (US)

  • Huntsman International LLC (US)

  • Hexion Inc. (US)

  • Nippon Electric Glass Co., Ltd. (Japan)

  • Jushi Group Co., Ltd (China)

  • Owens Corning (US)

  • 3B - the fibreglass company (Belgium)

  • Cytec Industries Inc. (US)

  • Johnson Controls Inc. (Ireland)



Report Scope:
Report Attribute/Metric Details
  Market Size   2030: Significant Value
  CAGR   11.2% (2022-2030)
  Base Year   2021
  Forecast Period   2022 to 2030
  Historical Data   2019Β &Β 2020
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Fiber Type, Manufacturing Process, Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   TORAY INDUSTRIES, INC. (Japan), SGL Carbon SE (Germany), TEIJIN LIMITED (Japan), Mitsubishi Chemical Holding Corporation (Japan), Magna International Inc. (Canada), UFP Technologies, Inc. (US), and Cytec Industries Inc. (US)
  Key Market Opportunities   Rising electric vehicle production is anticipated to provide lucrative opportunities for the growth of the market.
  Key Market Drivers

  • A rise in demand for lightweight, fuel-efficient vehicles
  • Increasing environmental concerns and stringent pollution control measures


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