Automotive Composites Market Worth 144 Billion In 2017
The use of automotive composites has enormous growth potential within the automotive Industry. The new emission standards which have been already set by the E.U. and U.S. commissions have forced the Automotive OEMs to use extensively composites parts for the production of the car units in order to produce lighter-weight and more efficient vehicles.
LONDON, UK. 7th June 2017:�Visiongain’s new report the Automotive Composites Market Report 2017-2027�Segment Forecasts & Analysis By Component (Interior, Body, Engine & Drivetrain, Other), By Type Of Polymer Matrix Composites (PMC), Carbon Fibre Reinforced Polymer (CFRP), Glass Fibre Reinforced Polymer (GFRP), Aramid Fibre Reinforced Polymer (AFRP), Metal Matrix Composites (MMC), Ceramic Matrix Composites (CMC) By Thermoplastic & Thermoset Polymers Plus Analysis of Leading Companies indicates that the global automotive composites market will reach $14.4 Bn in 2017.
The lead analyst of the report said: “The use of�automotive composites has enormous growth potential within the automotive Industry. The new emission standards which have been already set by the E.U. and U.S. commissions have forced the Automotive OEMs to use extensively composites parts for the production of the car units in order to produce lighter-weight and more efficient vehicles. In the past, the use of composites parts was usually reserved for the production of premium sport and luxury cars but as new�composites production techniques have arisen, the cost of composites production has become more affordable. This allows car manufacturers to extensively use composites parts for the production of their vehicles. Lighter-weighting and lower emission vehicles mean that the car manufacturers can better meet the E.U. and U.S. emission standards.
The 360 page report contains 356 tables, charts and graphs that add visual analysis in order to explain developing trends within�the automotive composites market.�Visiongain provides forecasts for the period 2017-2027 by component (Interior, Body, Engine & Drivetrain, Other), by type of Polymer Matrix Composites (PMC), Carbon Fibre Reinforced Polymer (CFRP), Glass Fibre Reinforced Polymer (GFRP), Aramid Fibre Reinforced Polymer (AFRP), Metal Matrix Composites (MMC), Ceramic Matrix Composites (CMC) and by Thermoplastic & Thermoset Polymers.
The comprehensive page report offers market forecasts and analysis for 4 regional markets and 14 leading national markets and the rest of the world market. In addition, the report contains a dedicated leading companies’ chapter covering more than 20 automotive OEMs and composites companies leading the field in automotive composites.
The Automotive Composites Market Report 2017-2027 Segment Forecasts & Analysis By Component (Interior, Body, Engine & Drivetrain, Other), By Type Of Polymer Matrix Composites (PMC), Carbon Fibre Reinforced Polymer (CFRP), Glass Fibre Reinforced Polymer (GFRP), Aramid Fibre Reinforced Polymer (AFRP), Metal Matrix Composites (MMC), Ceramic Matrix Composites (CMC) By Thermoplastic & Thermoset Polymers Plus Analysis of Leading Companies report will be of value to anyone who wants to better understand the automotive composites market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the�automotive composites industry.
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