Automotive Composites Market Size, Share & Industry Analysis, By Fiber (Glass, Carbon and Natural), By Resin Type (Thermoset and Thermoplastics), By Application (Exterior, Interior, Structure & Power train, and Other), and Regional Forecast, 2020-2029 (Includes COVID-19 Business Impact)

                                          
We have updated Automotive Composites Market with respect to COVID-19 Business Impact.
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This report focuses on the Automotive Composites market and value at the global level, regional level, and company level. From a global perspective, this report represents the overall Automotive Composites market size by analyzing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America.


Global Automotive Composites Market: Segment Analysis


The research report includes specific segments by region (country), by Company, by Type, and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2019 to 2029. An in-depth analysis of the segments assists in identifying the different factors that will aid market growth.


Global Automotive Composites Market: Regional Analysis


The research report includes a detailed study of regions of North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America. The report has been curated after observing and studying various factors that determine regional growth such as the economic, environmental, social, technological, and political status of the particular region. Researchers have studied the data of revenue, sales, and manufacturers of each mentioned region. This section analyses region-wise revenue and volume for the forecast period of 2019 to 2029.


Global Automotive Composites Market: Competitive Landscape


This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2019 to 2029.
List of Companies Profiled

Key Players Are Adopting Merger and Acquisition Growth Strategies to Maintain Their Dominance in the Automotive Composites Market

Competitive landscape of this market depicts a consolidated market with the top 10 companies accounting for about 50% of the global market revenue. Key players in the market have invested a considerable amount of resources in research and development of several automotive composites products. A diversified product portfolio, supported by superior operational efficiency, and safe & novel technology development for composites application, are the strategies used by the market leaders for their growth.

Furthermore, small and medium-scale companies have adapted the strategy of mergers and partnerships with larger enterprises to improve their offering portfolio and other related services. This trend is projected to positively impact the global market during the forecast period as the smaller companies can gain a lot from the experience of the market leaders.

LIST OF KEY COMPANIES PROFILED:

  
Teijin Ltd.
  
Mitsubishi Chemical Corporation
  
Toray Industries, Inc.
  
SGL Carbon
  
RTP Company
  
Plasan Carbon Composites
  
Owens Corning
  
Solvay S.A.
  
UFP Technologies, Inc.
  
BASF SE
  
Other Players
  
KEY I

NDUSTRY DEVELOPMENTS:

August 2019 -Teijin Ltd., has announced that will it will acquire Benet Automotive s.r.o., Benet, Mlada Boleslav, based in Czech Republic, a Tier 1 automotive composite and component supplier, as a part of its strategic to grow its automotive composites business.

January 2020 -Mitsubishi Chemical Corporation headquarter in Tokyo announced that will acquire c-m-p GmbH, a manufacturer of carbon fiber prepreg, through its subsidiary Mitsubishi Chemical Advanced Material to move to strengthen its presence in the carbon fiber composite material business.

REPORT COVERAGE

The automotive composites market report provides a detailed analysis of the market and focuses on key aspects such as leading companies, resin, fiber, and leading applications of the product. Besides this, the report offers insights into the market trends and highlights key industry developments. In addition to the aforementioned factors, the report encompasses several factors that have contributed to the growth of the market over recent years.

Report Scope & Segmentation

 Segmentation

By Fibre

  
Glass
  
Carbon
  
Natural

By Resin

  
Thermoset
  
Thermoplastics

By Application Area

  
Exterior
  
Interior
  
Structural and Powertrain
  
Others

By Geography

  
North America (U.S. and Canada)
  
Europe (Germany, France, UK, Italy, Spain, Belgium, and Rest of Europe)
  
Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, South Korea and Rest of Asia Pacific)
  
South America (Brazil, Mexico, and Rest of South America)
  
Middle East & Africa (South Africa, GCC, and Rest of Middle East & Africa)