The global automotive composites market size reached USD 5.33 Billion in 2020 and is expected to register a revenue CAGR of 11.2%, during the forecast period, according to latest analysis by Emergen Research. Need for Original Equipment Manufacturers (OEMs) to comply with increasingly stringent government regulations as well as rising demand for Electric Vehicles (EVs) are some key factors driving global automotive composites market revenue growth. Increased usage of natural fibers in automotive applications, which are both cost-effective and environmentally beneficial, is expected to support revenue growth of the market going ahead. The cost per kilo of weight saved in vehicle weight reduction techniques would be higher with EVs. In standard drive periods, conventional vehicles use more energy while accelerating, but can also recover kinetic energy during braking and slowing down. A braking energy recovery system is available in SEAT cars, in which the kinetic energy released during slowing, and also when coasting, is turned into electrical energy by means of a specially designed generator, which is similar to a dynamo
The study on the Global Automotive Composites Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Automotive Composites market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Automotive Composites industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Automotive Composites industry.
Click the link to get a Free Sample Copy of the Report: @https://www.emergenresearch.com/request-sample/831
Competitive Outlook: The leading companies operating in the Automotive Composites market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Automotive Composites Market and Profiled in the Report are:
SGL Carbon SE, Toray Industries, Inc., Mitsubishi Chemical Holdings Corporation, Teijin Limited, Hexcel Corporation, UFP Technologies, Inc., Solvay S.A., Hexion Inc., Huntsman Corporation, and Gurit Holding
Objectives of the Report:
Study of the global Automotive Composites market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Automotive Composites market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Automotive Composites market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Automotive Composites market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
Enquire for customization in Report @:https://www.emergenresearch.com/request-for-customization/831
Segments Covered in this report are:
Fiber Type Outlook (Volume Tons, Revenue, USD Billion; 2018–2028)
- Carbon Fiber Reinforced Plastic (CFRP)
- Glass Fiber Reinforced Plastic (GFRP)
- Natural Fiber (NF)
Product Outlook (Volume Tons, Revenue, USD Billion; 2018–2028)
- Metal Matrix Composites
- Polymer Matrix Composites
- Ceramic Matrix Composites
Resin Type Outlook (Volume Tons, Revenue, USD Billion; 2018–2028)
- Thermoset
- Thermoplastic
Regional Analysis:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Browse Detailed Research report @https://www.emergenresearch.com/industry-report/automotive-composites-market
Thank you for reading our report. For further queries regarding the report or customization options, please connect with us. Our team will ensure you get a report well-suited to your needs.
Look More Related Reports By Emergen Research
Agricultural Pheromones Market
https://www.emergenresearch.com/industry-report/agricultural-pheromones-market
Occlusion Devices Market
https://www.emergenresearch.com/industry-report/occlusion-devices-market
Plastic Waste Management Market
https://www.emergenresearch.com/industry-report/plastic-waste-management-market
Smart Food Market
https://www.emergenresearch.com/industry-report/smart-food-market
Coal Tar Market
https://www.emergenresearch.com/industry-report/coal-tar-market
Military Drones Market
https://www.emergenresearch.com/industry-report/military-drones-market
Mobile Marketing Market
https://www.emergenresearch.com/industry-report/mobile-marketing-market
Industrial Sensors Market
https://www.emergenresearch.com/industry-report/industrial-sensors-market
Video Doorbell Market
https://www.emergenresearch.com/industry-report/video-doorbell-market
Mobile Phlebotomy Services Market
https://www.emergenresearch.com/industry-report/mobile-phlebotomy-services-market
About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: [email protected]
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting Services
Trending Titles: Saffron Market |Lithium Iron Phosphate Battery Market
Latest Report:Eye Tracking Market |Wireless Connectivity Market
