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Composite Materials Market by Application, Vehicle Type and by Region – 2020

Composite Materials Market report categorizes the global market by Application, Vehicle Type (LCV, HCV, & Rolling Stock), Material Type (PMC, MMC, & CMC), & by Region.

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Composite Materials Market by Application, Vehicle Type and by Region – 2020

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  1. MarketsandMarkets Presents Automotive Composites Market Expected to Reach $7,142.37 Million by 2019

  2. The report “Automotive Composites Market by Type (Glass fiber composites, Carbon fiber Composites, Natural fiber Composites, Metal Matrix Composites, and Ceramic Matrix Composites) and by Application (Interior Components, Exterior Components, Chassis & Powertrain Components and Others) - Global Trends & Forecast to 2019, defines and segments the global automotive composite market with an analysis and forecast of its global volume and value. • Browse • 91 market data tables  • 86 figures  • 150 pages and in-depth TOC on “Automotive Composites Market ”. • You can speak to our analyst@ • http://www.marketsandmarkets.com/speaktoanalyst.asp?id=6114278

  3. Source: MarketsandMarkets Analysis

  4. Composite materials have been part of automotive industry for a long time. However, with the advancement of technology and demand for increased fuel efficiency with decreased tail-pipe emissions has boosted the demand for lightweight materials. Composite materials have considerable potential to increase vehicle efficiency, as it takes less energy to accelerate a lighter object than heavier one. A 10% reduction in vehicle weight can result in a 6%–8% improvement in fuel economy. Replacing cast iron and traditional steel components with lightweight materials such as carbon fiber and polymer composites can directly reduce the weight of a vehicle body and chassis by up to 50%, subsequently reducing the vehicle fuel consumption.  The use of composite materials has been predominant in automotive underhood and interiors. Composite materials such as carbon fiber reinforced plastic (CFRP) is still restricted to performance cars only. However, increasing fuel prices and growing concerns towards environment (air) pollution has increased the penetration of composite materials in automotive industry. This report projects the growth trends for the global composite materials market from 2015 to 2020, through a detailed qualitative and quantitative analysis of the global market. The research methodology used in the report involves various secondary sources including encyclopedias, directories, and databases to identify and collect information useful for an extensive, commercial market study. The primary sources experts from related industries and suppliers have been interviewed to obtain and verify critical information as well as to assess the future prospects of the automotive composite materials market. The report also provides a comprehensive review of market drivers, restraints, opportunities, challenges, and key issues in the global automotive composite materials market. Key players in the market for automotive composite materials have also been identified and profiled. Apart from a quantitative analysis, the report also covers qualitative aspects such as supply chain analysis, PEST analysis, and Porter’s Five Force analysis for the global automotive composite materials market.

  5. The composite materials market size is projected to grow at a promising CAGR of 14.02% during the forecast period, to reach USD 84.92 Billion by 2020. • The growth in the composite materials industry has been on a constant rise, given the changing emission norms across the globe along with increasing vehicle production. Manufacturers of composite materials are coming with new and advanced manufacturing process to make improved composite materials to meet rigorous standards. • Key global composite materials manufacturers include Toray Industries Inc. (Japan), Cytec Industries Inc. (the U.S.), Teijin Ltd. (Japan), SGL Carbon SE (Germany), and TenCate N.V. (the Netherlands). Though these companies are major players in the industry, the demand for the composite materials is highly dependent on the rise in vehicle production and changing emission norms imposed by governments across different countries. • Scope of the Report: • The composite materials market has been broadly categorized into the following segments and subsegments: • 1. Composite Materials Market, By Manufacturing Process • Lay-up Process • Compression Molding Process • Resin Transfer Molding (RTM) Process • Filament Winding Process • Injection Molding Process • Pultrusion Process • Vacuum Infusion • Other Processes

  6. 2. Composite Materials Market, By Material Type • Polymer Matrix Composite (PMC) • Carbon Fiber Reinforced Plastic (CFRP) • Glass Fiber Reinforced Plastic (GFRP) • Natural Fiber Reinforced Plastic (NFRP) • Metal Matrix Composite (MMC) • Ceramic Matrix Composite (CMC) • 3. Composite Materials Market, By Application • Structural • Powertrain • Interior • Exterior • Other Applications • 4. Locomotive & Rolling Stock Composite Materials Market, By Region • Asia-Oceania • North America • Europe • RoW • 5. Automotive Brake System Market, By Region • Asia-Oceania • North America • Europe • RoW

  7. Available Customization • Automotive Composite Materials Market, By Advanced Composite Fiber Type • Automotive Composite Materials Market, By Other Countries of Major Regions • Locomotive Rolling Stock Composite Materials Market, By Material

  8. Contact Us Mr. Rohan North - Dominion Plaza,17304, Preston Road,Suite 800, Dallas, TX 75252Tel: +1-888-600-6441Email: sales@marketsandmarkets.com http://www.linkedin.com/company/marketsandmarkets

  9. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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