| Suggestions • Automotive Composites Market Revenue, Company Profiles, Demand, Share, Launches & Forecast |
| 12.03.2024, 12:56 - vandanamanturgekar - Rank 2 - 17 Posts
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 report offers a complete understanding of the Automotive Composites market in key regions with respect to regional production and consumption patterns, import/export, supply and demand dynamics, trends, growth prospects, and the presence of prominent players in each region. Each of the mentioned regions is analyzed based on the comprehensive market data obtained from the major countries of each region to impart a clear understanding of the market. Download Free Exclusive Sample PDF @ https://www.emergenresearch.com/request-sample/831 Key companies operating in the Automotive Composites market include: 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 Key market aspects studied in the report: Market Scope: The report explains the scope of various commercial possibilities in the global Automotive Composites market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion. Key Benefits of the Report: Comprehensive analysis of the competitive scenario and its changing dynamics Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis In-depth 8-year analysis of the Global Automotive Composites Market Critical understanding of the key market segments Comprehensive analysis of the drivers, restraints, trends, and opportunities Detailed regional analysis and extensive company profiling Extensive assessment of current and emerging trends of the market For more informative information, please visit us @ https://www.emergenres...omotive-composites-market Automotive Composites Market Segmentation: Fiber Type Outlook (Volume Tons, Revenue, USD Billion; 2018–202  Carbon Fiber Reinforced Plastic (CFRP) Glass Fiber Reinforced Plastic (GFRP) Natural Fiber (NF) Product Outlook (Volume Tons, Revenue, USD Billion; 2018–202 Metal Matrix Composites Polymer Matrix Composites Ceramic Matrix Composites Resin Type Outlook (Volume Tons, Revenue, USD Billion; 2018–202 Thermoset Thermoplastic Automotive Composites Market Segmentation by Regions: 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) Click here to Get customization @ https://www.emergenres...est-for-customization/831 Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs. 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