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Automotive Composites Market Share
- Report ID: GMI338
- Published Date: Dec 2021
- Report Format: PDF
Automotive Composites Market Share
Some key players in Automotive Composites Market are
- ACP Composites
- Clearwater Composites LLC
- Cytec Solvay Group
- DowAksa
- Hexcel CorporationHitco Carbon Composites, Inc.
- Hitco Carbon Composites, Inc.
- Johns Manville Corporation
- Jushi Group Co., Ltd.
- Koninklijke Ten Cate BV
- Mitsubishi Rayon Co., Ltd.
- Owens Corning Corp.
- Polar Manufacturing
- Protech Composites
- Revchem Composites
- Rock West Composites
- Scott Bader
- SGL Group
- Teijin Limited
- Toho Tenax America
- Toray Industries, Inc.
- Wolf Composite Solutions
- Zoltek Carbon Fiber
Frequently Asked Questions (FAQ) :
The market for automotive composites crossed USD 3.80 billion in 2020 and will witness a CAGR of over 6.9% through 2027, says this GMI report.
Structural & powertrain segment is set to generate a sales volume of over 500 kilo tons by 2027 with the increasing usage of glass and carbon fibers in structural components.
Glass fiber automotive composites segment will exhibit a gains of over 6.5% through 2027 with increasing product demand driven by excellent strength, high heat resistance, and low dielectric constant.
Thermoset resin segment will capture around 60% of the market share by 2027 with the rising demand for transferring tensile stress between the fibers and protecting the reinforcing fiber materials against environmental damage or mechanical failures.
Asia Pacific market will record CAGR of about 7.5% through 2027 with increasing production of gasoline-based vehicles in the region.
Automotive Composites Market Scope
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