Automotive Composites Market by Type (Metal Matrix Composite, Polymer Matrix Composite and Ceramic Matrix Composite) Analysis and Forecast, 2015 – 2021

Automotive Composites Market by Type (Metal Matrix Composite, Polymer Matrix Composite and Ceramic Matrix Composite) Analysis and Forecast, 2015 – 2021

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According to the report, the global automotive composites market was valued at USD 5.12 billion in 2015, and is expected to reach USD 8.22 billion in 2021, growing at a CAGR of 8.3% between 2016 and 2021.Automotive composites are primarily used for reducing the weight of components. These composites add the unique characteristics to the part such as high tensile strength, lightness, stiffness, material strength, etc. therefore, considering this parameter the automotive composites market has wide scope in the near future in various applications including automotive, aerospace,, electronics, defense and marine amongst others.

 

According to the report, the global automotive composites market was valued at USD 5.12 billion in 2015, and is expected to reach USD 8.22 billion in 2021, growing at a CAGR of 8.3% between 2016 and 2021.

Composite is a mix of two different components revealing different chemical and physical properties together come with excellent outcomes. Different composites are used in the automotive industry to functions the vehicle with great fuel efficiency. The composites help in manufacturing lightweight vehicles which increase the fuel efficiency of the vehicles.  Thus, the growing trend of utilization of different composites in the automotive industry is likely to drive the composite market in the near future. The global automotive composites market is primarily driven by growing penetration of lightweight automobile across the globe. The stringent rules and regulations of CO2 emission imposed by the regulatory bodies across the globe are expected to influence positively for the automotive industry. This, in turn, is likely to propel the demand for automotive composite during the years to come. However, the high cost of composites and the growing concern about the recyclability may likely to hamper the growth of the automotive composite market. Nevertheless, growing preference for higher fuel efficiency in passenger cars, especially in Asia Pacific region, is likely to open new doors for the major players of automotive composites market in the next few years.

Based on the different types of composites, the global automotive composites market is bifurcated into metal matrix composite, polymer matrix composite, and ceramic matrix composite. Among these, polymer matrix composite was the largest product segment of the global automotive composites market in 2015. Moreover, it is also expected to be one of the fastest growing segments in the future. This growth is attributed to the shifting preference among consumer for carbon fiber composites which is bifurcated into the polymer matrix composite segment. Furthermore, ceramic matrix composite and metal matrix composite is projected to experience moderate growth over the next few years.

Global Automotive Composites Market

Interior, exterior, chassis & power train components and others are some major applications for automotive composites market. Exterior was the leading applications of the global automotive composites market in 2015. The surging inclination of consumers towards the lightweight vehicles due to the growing prices of fuel over the few decades is expected to fuel the demand for lightweight vehicles. This, in turn, is projected to have the positive influence on the global automotive composites market over the years to come. Furthermore, interior and chassis & power train components are important outlets for automotive composites market that are expected to witness significant growth in the coming years.

Asia Pacific held as the dominating market for automotive composites market and accounted for largest share of the overall market in 2015. Furthermore, this trend is likely to continue in the coming years due to the growing urban population in China and India because of rising industrialization. Additionally, stringent regulations for carbon emissions, especially in North America and Europe, is expected to boost the noteworthy growth in the lightweight automobile market. This, in turn, is expected to witness the mounting growth for automotive composites market in the near future.

Some of the major players of the global automotive composites market include E.I. du Pont de Nemours and Company, SAERTEX GmbH & Co. KG, Owens Corning, Teijin Limited, SGL Group, Nippon Sheet Glass Co., Ltd., Cytec Industries Inc., Toray Industries Inc., Johns Manville and amongst others.

  • Chapter 1. Preface
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  • Chapter 2. Executive Summary
    • 2.1. Global automotive composites market, 2015 – 2021, (USD Million)
    • 2.2. Automotive composites: Market snapshot
  • Chapter 3. Automotive Composites Market: Industry Analysis
    • 3.1. Automotive composites: Market dynamics
    • 3.2. Market Drivers
      • 3.2.1. Growing demand for automotive composites from automotive industry
      • 3.2.2. Stringent rules and regulations of CO2 emission
    • 3.3. Restraints
      • 3.3.1. High cost of composite
    • 3.4. Opportunity
      • 3.4.1. High growth opportunities in emerging economies of Asia Pacific
    • 3.5. Porter’s Five Forces Analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis by type
      • 3.6.2. Market attractiveness analysis by application
      • 3.6.3. Market attractiveness analysis by region
  • Chapter 4. Global Automotive Composites Market: Competitive Landscape
    • 4.1. Company Market Share Analysis (Subject to Data Availabiltiy)
      • 4.1.1. Global automotive composites market: company market share, 2015
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Type Launch
      • 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
      • 4.2.4. Research and Development, Type and Regional Expansion
  • Chapter 5. Global Automotive Composites Market: Type Overview
    • 5.1. Global automotive composites market share, by type, 2015 and 2021
    • 5.2. Metal matrix composite
      • 5.2.1. Global metal matrix composite market, 2015 – 2021 (Kilo Tons) (USD Million)
    • 5.3. Polymer matrix composite
      • 5.3.1. Global polymer matrix composite market, 2015 – 2021 (Kilo Tons) (USD Million)
    • 5.4. Ceramic matrix composite
      • 5.4.1. Global ceramic matrix composite market, 2015 – 2021 (Kilo Tons) (USD Million)
  • Chapter 6. Global Automotive Composites Market: Application Overview
    • 6.1. Global automotive composites market share, by application, 2015 and 2021
    • 6.2. Interior
      • 6.2.1. Global automotive composites market for interior, 2015 – 2021 (Kilo Tons) (USD Million)
    • 6.3. Exterior
      • 6.3.1. Global automotive composites market for exterior, 2015 – 2021 (Kilo Tons) (USD Million)
    • 6.4. Chassis & power train components
      • 6.4.1. Global automotive composites market for chassis & power train components, 2015 – 2021 (Kilo Tons) (USD Million)
    • 6.5. Others
      • 6.5.1. Global automotive composites market for other applications, 2015 – 2021 (Kilo Tons) (USD Million)
  • Chapter 7. Global Automotive Composites Market: Regional Analysis
    • 7.1. Global automotive composites market: Regional overview
      • 7.1.1. Global automotive composites market share, by region, 2015 and 2021
    • 7.2. North America
      • 7.2.1. North America automotive composites market volume, by type, 2015 – 2021 (Kilo Tons)
      • 7.2.2. North America automotive composites market revenue, by type, 2015 – 2021 (USD Million)
      • 7.2.3. North America automotive composites market volume, by application, 2015 – 2021 (Kilo Tons)
      • 7.2.4. North America automotive composites market revenue, by application, 2015 – 2021 (USD Million)
    • 7.3. Europe
      • 7.3.1. Europe automotive composites market volume, by type, 2015 – 2021 (Kilo Tons)
      • 7.3.2. Europe automotive composites market revenue, by type, 2015 – 2021 (USD Million)
      • 7.3.3. Europe automotive composites market volume, by application, 2015 – 2021 (Kilo Tons)
      • 7.3.4. Europe automotive composites market revenue, by application, 2015 – 2021 (USD Million)
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific automotive composites market volume, by type, 2015 – 2021 (Kilo Tons)
      • 7.4.2. Asia Pacific automotive composites market revenue, by type, 2015 – 2021 (USD Million)
      • 7.4.3. Asia Pacific automotive composites market volume, by application, 2015 – 2021 (Kilo Tons)
      • 7.4.4. Asia Pacific automotive composites market revenue, by application, 2015 – 2021 (USD Million)
    • 7.5. Latin America
      • 7.5.1. Latin America automotive composites market volume, by type, 2015 – 2021 (Kilo Tons)
      • 7.5.2. Latin America automotive composites market revenue, by type, 2015 – 2021 (USD Million)
      • 7.5.3. Latin America automotive composites market volume, by application, 2015 – 2021 (Kilo Tons)
      • 7.5.4. Latin America automotive composites market revenue, by application, 2015 – 2021 (USD Million)
    • 7.6. Middle East & Africa
      • 7.6.1. Middle East & Africa automotive composites market volume, by type, 2015 – 2021 (Kilo Tons)
      • 7.6.2. Middle East & Africa automotive composites market revenue, by type, 2015 – 2021 (USD Million)
      • 7.6.3. Middle East & Africa automotive composites market volume, by application, 2015 – 2021 (Kilo Tons)
      • 7.6.4. Middle East & Africa automotive composites market revenue, by application, 2015 – 2021 (USD Million)
  • Chapter 8. Company Profiles
    • 8.1. SAERTEX GmbH & Co. KG
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Type portfolio
      • 8.1.4. Business strategy
      • 8.1.5. Recent developments
    • 8.2. Owens Corning
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Type portfolio
      • 8.2.4. Business strategy
      • 8.2.5. Recent developments
    • 8.3. Cytec Industries Inc
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Type portfolio
      • 8.3.4. Business strategy
      • 8.3.5. Recent developments
    • 8.4. E.I. du Pont de Nemours and Company
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Type portfolio
      • 8.4.4. Business strategy
      • 8.4.5. Recent developments
    • 8.5. Teijin Limited
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Type portfolio
      • 8.5.4. Business strategy
      • 8.5.5. Recent developments
    • 8.6. Nippon Sheet Glass Co., Ltd
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Type portfolio
      • 8.6.4. Business strategy
      • 8.6.5. Recent developments
    • 8.7. SGL Group
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Type portfolio
      • 8.7.4. Business strategy
      • 8.7.5. Recent developments
    • 8.8. Toray Industries Inc
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Type portfolio
      • 8.8.4. Business strategy
      • 8.8.5. Recent developments
    • 8.9. Johns Manville
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Type portfolio
      • 8.9.4. Business strategy
      • 8.9.5. Recent developments

List of Figures

1. Global automotive composites market segmentation by type, application, and geography
2. Global automotive composites market, 2015 – 2021 (USD Million)
3. Value chain analysis: Automotive composites market
4. Porter’s five forces analysis: Automotive composites market
5. Market attractiveness analysis by type
6. Market attractiveness analysis by application
7. Market attractiveness analysis by region
8. Global automotive composites market : Company market share, 2015
9. Global automotive composites market share, by type, 2015 -2021
10. Global metal matrix composite market, 2015 – 2021 (Kilo Tons) (USD Million)
11. Global polymer matrix composite market, 2015 – 2021 (Kilo Tons) (USD Million)
12. Global ceramic matrix composite market, 2015 – 2021 (Kilo Tons) (USD Million)
13. Global automotive composites market share, by application, 2015 -2021
14. Global automotive composites market for interior, 2015 – 2021 (Kilo Tons) (USD Million)
15. Global automotive composites market for exterior, 2015 – 2021 (Kilo Tons) (USD Million)
16. Global automotive composites market for chassis & power train components, 2015 – 2021 (Kilo Tons) (USD Million)
17. Global automotive composites market for other applications, 2015 – 2021  (Kilo Tons) (USD Million)
18. Global automotive composites market share, by region, 2015 – 2021
19. North America automotive composites market, 2015 – 2021,  (Kilo Tons) (USD Million)
20. Europe automotive composites market, 2015 – 2021, (Kilo Tons) (USD Million)
21. Asia Pacific automotive composites market, 2015 – 2021, (Kilo Tons) (USD Million)
22. Latin America automotive composites market, 2015-2021, (Kilo Tons) (USD Million)
23. Middle East & Africa automotive composites market, 2015 – 2021, (Kilo Tons) (USD Million)

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