USD
GBP 
CNY 
EUR 
INR 
JPY 
MYR 
ZAR 
KRW 
THB 
Industry Convergence Powering the Global Automotive Composites Market
Industry Convergence Powering the Global Automotive Composites Market
Innovation Culture Driving Transformational Growth Through Efficacious Alternatives and Enhanced Collaborative Metal Replacement Initiatives
26-Aug-2020
Global
$4,950.00
Special Price $4,207.50 save 15 %
Description
The global analysis of the automotive composites market quantifies the consumption of polymeric composites for automotive applications, and intends to gauge the level of impact that industry developments and trends?including tightening standards, evolving regulations, upsurge in electric vehicle (EV) sales, and increasing shift in consumer preferences?are expected to have on the uptake of composites and the demand for individual materials during the period 2019–2026. The study also presents historical volumes and revenues across segments for the period 2016–2019.
The study analyzes the automotive composites market focusing on 2 key material types, namely thermoplastic composites and thermoset composites. Furthermore, the study analyses the overall automotive composites market on the basis of reinforcing fiber types through 3 segments, namely glass fiber reinforced polymer (CFRP), carbon fiber reinforced polymer (CFRP), and natural fiber reinforced polymer (NFRP). On the basis of applications, the study comprises 3 key segments, namely interior, exterior, and under-the-hood (UTH). The study covers each of the 2 material type segments (thermoplastics and thermosets) on the basis of fiber types and applications. It also quantifies the consumption of each of these segment types on the basis of a robust methodology, comprising analysis of the regional automotive production, average vehicle weight, uptake of individual composites, and prospects for individual materials during the forecast period.
While the global automotive market continued to grapple with faltering sales in the past year and a half, the spread of COVID-19 across the world and the entailing supply- and demand-side disruptions are expected to result in a sharp plunge in the overall automotive production and, hence, the composites demand in the short term. Global automotive sales are expected to plummet by more than 20% in 2020 from that in 2019. Although the market is expected to recover from 2021, the sales volumes are slated to surpass 2019 volumes during the second half of the forecast period. However, the ever-stringent fuel efficiency- and emissions-related regulations are expected to continue driving the uptake of light-weight materials, including composites for a wide range of automotive applications. Moreover, rapid electrification is expected to have a significant impact on material-mix of composites, as well as application dynamics.
While the average weight of conventional metals such as steel and aluminum is on the decline, the use of advanced grades of these metals has been on an upward trend, especially in structural applications. Plastics and composites are unlikely to completely displace conventional materials in such critical applications. The use of hybrid composites and localized use of metals and composites are expected to create growth opportunities for composites during the forecast period.
Continuous fiber reinforced composites are increasingly emerging as an attractive alternative to conventional materials to effect light-weighting across a variety of automotive applications such as front-end modules, seat shells, cross beams, door structures, underbody panels, and A and B pillars. Similarly, long-fiber reinforced thermoplastics (LFTs) are finding increasing use as alternatives both to conventional metals and short fiber grades, owing to higher strength, impact resistance, and superior component durability.
While the much-talked about carbon fiber composites exhibit superior light-weighting potential and higher strength and load-bearing capabilities to comply with changing regulatory requirements, these advanced composites have penetrated only a small volume share, owing to their exorbitant prices, elaborate processing, and high tooling costs. However, reducing carbon fiber prices and the availability of recycled carbon fibers are slated to drive increased adoption, especially during the second half of the forecast period.
The global automotive composites market is composed of several large participants operating across key regions and numerous mid-sized companies operating at regional and domestic levels. The focus on strengthening supply capabilities and efficacious, cost-effective solutions that ensure weight reduction without impacting cost and cycle times continues to drive product and application development efforts. Moreover, incumbents have been actively engaging in vertical and horizontal integration activities to derive growth and avail cost synergies.
Frost & Sullivan analysis indicates that the global automotive composites market is slated to register a moderate single-digit growth of approximately 4.7% in terms of revenue during the period 2019–2026.
Author: Gautam Rashingkar
RESEARCH: INFOGRAPHIC
This infographic presents a brief overview of the research, and highlights the key topics discussed in it.Click image to view it in full size
Table of Contents
Key Findings
Strategic Factsheet
Market Engineering Measurements
CEO’s Perspective
Market Scope
Market Segmentation
Market Definitions
Market Definitions (continued)
Market Definitions (continued)
Market Definitions (continued)
Market Definitions (continued)
Geographic Scope
Key Questions this Study will Answer
Percent Revenue Forecast by Region
Automotive Market Trends
Automotive Market Trends (continued)
Automotive Market—Material Challenges
Automotive Composites—Material Trends
Automotive Composites—Material Requirements
Applications of Materials Used in Automobiles
Comparison of Characteristics of Materials Used
Comparative Outlook of Automotive Materials
Comparative Outlook of Automotive Materials (continued)
Thermoset Composites
Automotive Composites—Weight Reduction Potential per Application
Automotive Composites—Requirements and Materials
Automotive Composites—Weight Saving Potential
Market Drivers
Drivers Explained
Drivers Explained (continued)
Drivers Explained (continued)
Drivers Explained (continued)
Drivers Explained (continued)
Drivers Explained (continued)
Drivers Explained (continued)
Drivers Explained (continued)
Drivers Explained (continued)
Market Restraints
Restraints Explained
Restraints Explained (continued)
Drivers and Restraints—Impact Assessment
Market Engineering Measurements
Forecast Assumptions
Revenue Forecast
Volume Shipment Forecast
Pricing Trends and Forecast
Volume Shipment and Revenue Forecast Discussion
Volume Shipment and Revenue Forecast—Thermoplastic Materials Segment
Volume Shipment and Revenue Forecast—Thermoset Materials Segment
Volume Shipment and Revenue Forecast Discussion by Material Type
Percent Revenue Forecast by Material Type
Percent Volume Shipment Forecast by Material Type
Volume Shipment and Revenue Forecast Discussion—Material Type Segments
Attractiveness Analysis by Material Type
Product Attributes
Percent Revenue Forecast by Fiber Type
Revenue Forecast by Fiber Type
Percent Volume Shipment Forecast by Fiber Type
Volume Shipment Forecast by Fiber Type
Forecast Discussion by Fiber Type—GFRP
Forecast Discussion by Fiber Type—CFRP
Forecast Discussion by Fiber Type—NFRP
Attractiveness Analysis by Fiber Type
Material Trends in the Automotive Market
Percent Revenue Forecast by Application
Revenue Forecast by Application
Percent Volume Shipment Forecast by Application
Volume Shipment Forecast by Application
Forecast Discussion by Application—Interior
Forecast Discussion by Application—Exterior
Forecast Discussion by Application—UTH and Structural
Attractiveness Analysis by Application
Percent Revenue Forecast by Region
Revenue Forecast by Region
Percent Volume Shipment Forecast by Region
Volume Shipment Forecast by Region
Revenue Forecast Discussion by Region—Americas
Revenue Forecast Discussion by Region—Europe
Revenue Forecast Discussion by Region—APAC
Revenue Forecast Discussion by Region—MEASA
Attractiveness Analysis by Region
Market Trends
Market Trends (continued)
Market Trends (continued)
Market Trends (continued)
Market Trends (continued)
Market Trends (continued)
Market Trends (continued)
Market Trends (continued)
Market Trends (continued)
Market Trends (continued)
Value Chain
Value Chain Description
Value Chain—Competitive Structure
Value Chain—Key Participants
Company-Product Matrix
Growth Opportunity 1—Cost-effective yet Efficacious Means of Weight Reduction: Hybrid Composites
Growth Opportunity 2—Strengthening Portfolio Through M&As or New Investments
Growth Opportunity 3—Recycling and End-of-life Management
Growth Opportunity 4—Focus on Next-generation Manufacturing Technologies: 3D Printing
Strategic Imperatives for Success and Growth
Characteristics and Overview
Market Engineering Measurements
Revenue Forecast
Volume Shipment Forecast
Volume Shipment and Revenue Forecast Discussion
Pricing Trends and Forecast
Pricing Trends and Forecast Discussion
Percent Volume Shipment Forecast by Material Sub-type
Percent Volume Shipment Forecast by Application
Volume Shipment Forecast by Application
Volume Shipment and Revenue Forecast Discussion by Application
Percent Volume Shipment Forecast by Fiber Type
Volume Shipment Forecast by Fiber Type
Volume Shipment and Revenue Forecast Discussion by Fiber Type
Competitive Environment
Characteristics and Overview
Market Engineering Measurements
Revenue Forecast
Volume Shipment Forecast
Volume Shipment and Revenue Forecast Discussion
Pricing Trends and Forecast
Pricing Trends and Forecast Discussion
Percent Volume Shipment Forecast by Material Sub-type
Percent Volume Shipment Forecast by Application
Volume Shipment Forecast by Application
Volume Shipment and Revenue Forecast Discussion by Application
Percent Volume Shipment Forecast by Fiber Type
Volume Shipment Forecast by Fiber Type
Volume Shipment and Revenue Forecast Discussion by Fiber Type
Competitive Environment
The Last Word—3 Big Predictions
Global Carbon Fibers Market—Unit Shipment
Global Carbon Fiber Production Capacity Share by Companies in 2019
Global Carbon Fiber Production Process Flow and Cost Structure
Legal Disclaimer
Market Engineering Methodology
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
Related Research
Popular Topics
| No Index | No |
|---|---|
| Podcast | No |
| Author | Gautam Rashingkar |
| Industries | Chemicals and Materials |
| WIP Number | MF65-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9100-A2,9869-A2,9595,9870 |