Global Automotive Polymer Composites Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026

MarketResearch.biz delivers in-depth insights on the global automotive engine valve market in its upcoming report titled, “Global Automotive Polymer Composites Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026”. The global automotive polymer composites market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2026. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global automotive polymer composites market report has been segmented on the basis of resin, composite product, application, end user, and region.

This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Polymer composites are materials with the combination of a polymer matrix (resin, either thermoset or thermoplastic) and a reinforcing agent, mainly fibers (usually carbon, glass or natural fibers).

Increasing automotive production across the globe and growing demand for light weight components for interior and exterior of vehicles are major factors driving growth of the global automotive polymer composites market. In addition, rising demand from luxury and premium cars owner for components that are light weight and high corrosion resistance is expected to support growth of the global automotive polymer composites market. Furthermore, advancements by manufacturers in order to reduce the car weight and increase the fuel efficiency is another factor expected to support growth of the global automotive polymer composites market.

However, high product and manufacturing cost is a major factor expected to restrain growth of the global automotive polymer composites market to certain extent.

Technological advancement and increasing R&D activates by manufacturers is expected to present new opportunities in terms of revenue to players operating in the global automotive polymer composites market over the forecast period.

Asia Pacific market is expected to dominate in the global automotive polymer composites market with higher revenue share as compared to that of the other regional markets, and is expected to continue its dominance during the forecast period. This can be attributed to increasing vehicle production and presence of prominent players operating in countries in this region. North America and Europe markets account for significant revenue shares in the global automotive polymer composites market followed by markets in Latin America and Middle East & Africa respectively. The market in Europe is projected to register fastest growth in terms of revenue, owing well developed automobile sector, stringent government regulations related fuel efficiency, and presence of major vehicle manufacturers operating in this region.

Global Automotive Polymer Composites Market Segmentation:

By Resin:

• Epoxy
• Polyurethane
• Polyamide
• Polypropylene
• Polyethylene
• Polyester
• Vinyl Ester

By Composite Product:

• Carbon Fiber
• Glass Fiber
• Natural Fiber

By Application:

• Interior Components
• Exterior Components
• Structural Components
• Powertrain Components

By End-use:

• Conventional Vehicles
• Electric Vehicles
• Trucks & Buses

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa