Global 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 2017-2023.
The global market of automotive carbon fiber composites around the world is growing rapidly. Carbon fibers are molded with other materials such as plastic resin and graphite to form carbon fiber composite.
It is the fastest-growing automotive composite driven by its high demand for chassis & powertrain components application. Technological advancement and heavy investments for automobiles are helping automotive carbon fiber composites market.
Increasing vehicle production, growing implementation of environmental regulations are some of the major factors contributing to growth of the global automotive carbon fiber composites market. Automotive carbon fiber composites market is consequently high in Asia-pacific, with China and India expected to be the most promising markets.
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Key Players of Automotive Carbon Fiber Composites Market:
- 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.)
- Rock West Composites (U.S.)
Market Research Future Analysis:
Market Research Future analysis show that the global market of automotive carbon fiber composites market is estimated to grow at a CAGR of 10.6% by the end of year 2023.
Asia-Pacific is the biggest market for carbon fiber composites and expected to remain at the top for the forecast period. Need for lightweight and fuel efficient vehicles shifted manufacturers focus towards automotive carbon fiber composites.
Improving economic conditions in the APAC region are expected to open up enormously potential opportunities for the manufacturers which helps to grow the market.
1 Executive Summary
2 Research Methodology
2.1 Scope of the Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Automotive Carbon Fiber Composites Market, By Production Type
4.2 Hand Layup
4.3 Resin Transfer Molding
4.4 Vacuum Infusion Processing
4.5 Injection Molding
4.6 Compression Molding
5 Global Automotive Carbon Fiber Composites Market, By Application
5.2 Structural Assembly
5.3 Power Train Components
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