Description

This study covers the state of the global automotive carbon fiber composites market used to achieve weight reduction of automobiles in the wake of fuel efficiency legislations, examining drivers and restraints for growth, pricing, legislation, demand and geographical trends. In addition, an in-depth analysis of the carbon fiber capacities, prevalent fabrication methods, key application trends and resin systems used is performed. The base year is 2010 with forecasts running through 2017.The total automotive carbon fiber composites market is expected to grow at a stagerring rate owing to production of new vehicles such BMW i3 and Mercedes Benz SL-Klasse which would contain heavier components made up of CFRP.