Automotive Composites Global Market Report 2024

Global Automotive Composites Market Report 2024

Automotive Composites Global Market Report 2024 – By Material (Glass Fiber Composites, Natural Fiber Composites, Carbon Fiber Composites, Aramid Fiber Composites, Other Materials), By Resin (Thermoplastic, Thermoset), By Manufacturing Process (Compression Molding, Injection Molding, Resin Transfer Molding (RTM), Other Manufacturing Processes), By Application (Exterior, Interior, Structural And Powertrain, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033

Name: Automotive Composites Global Market Report 2024
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Automotive Composites Global Market Report 2024

Starting Price : $4000.00 $3200.00 | Pages : 175 | Published : October 2024 | Delivery Time: 2-3 business days | Format : pdf

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Automotive Composites Market Definition

Automotive composites refer to materials composed of two or more distinct components combined to enhance vehicle performance, efficiency, and durability. These materials typically include a reinforcing phase, such as fibers or particles, embedded within a matrix material. They are used extensively in automotive manufacturing to reduce weight, improve fuel efficiency, and enhance structural integrity across various vehicle components.

The main materials of automotive composites are glass fiber composites, natural fiber composites, carbon fiber composites, aramid fiber composites, and others. Glass fiber composites refer to materials where glass fibers are embedded within a resin matrix, known for their strength, lightweight nature, and versatility in various industrial applications. These composites utilize resins such as thermoplastics and thermosets and are manufactured through processes such as compression molding, injection molding, and resin transfer molding (RTM), and others. They find applications in exterior, interior, structural elements, powertrain and others.

Automotive Composites Market Segmentation

The automotive composites market covered in this report is segmented –

1) By Material: Glass Fiber Composites, Natural Fiber Composites, Carbon Fiber Composites, Aramid Fiber Composites, Other Materials

2) By Resin: Thermoplastic, Thermoset

3) By Manufacturing Process: Compression Molding, Injection Molding, Resin Transfer Molding (RTM), Other Manufacturing Processes

4) By Application: Exterior, Interior, Structural And Powertrain, Other Applications

Global Automotive Composites Market Size 2023 to 2028: Graph

Automotive Composites Market Size 2024 And Growth Rate

The automotive composites market size has grown rapidly in recent years. It will grow from $7.33 billion in 2023 to $8.14 billion in 2024 at a compound annual growth rate (CAGR) of 11.1%. The growth in the historic period can be attributed to increased demand for lightweight vehicles, expansion of the EV market, government enforcement of stricter emission norms, growth in global vehicle production, and increased consumer preference for high-performance vehicles with better fuel efficiency and safety features.

Automotive Composites Market Growth Forecast

The automotive composites market size is expected to see rapid growth in the next few years. It will grow to $12.44 billion in 2028 at a compound annual growth rate (CAGR) of 11.2%. The growth in the forecast period can be attributed to ongoing growth in the EV market, increased emphasis on recycling and reuse of materials will drive innovation in sustainable composite solutions, rapid industrialization, increased investments in research and development, and expansion of charging infrastructure. Major trends in the forecast period include 3D printing and additive manufacturing, incorporation of nanoparticles, increased use of renewable and bio-based materials, advanced software tools for optimizing the structure of composite components, and development of advanced coatings.

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Automotive Composites Market Driver: Impact Of Demand For Lightweight And Fuel-Efficient Vehicles On The Automotive Composites Market

The increasing demand for lightweight and fuel-efficient vehicles is expected to propel the growth of the automotive composites market going forward. Lightweight and fuel-efficient vehicles refer to automobiles designed to minimize overall weight through materials such as composites and alloys, aiming to reduce fuel consumption and emissions while improving performance. The rising adoption of lightweight and fuel-efficient vehicles is driven by regulatory pressures for lower emissions, consumer demand for improved fuel economy, and advancements in materials technology enabling lighter yet stronger vehicle components. Automotive composites are used to replace traditional materials such as steel, reducing vehicle weight and improving fuel efficiency through their high strength-to-weight ratio and design flexibility. For instance, in June 2024, according to the Bureau of Economic Analysis, a US-based government agency, the sales of lightweight vehicles, encompassing automobiles and light trucks, surged from 13.5 million units in December 2022 to 16.1 million units by December 2023 in the USA. Therefore, the increasing demand for lightweight and fuel-efficient vehicles will drive the automotive composites market.

Global Automotive Composites Market Major Players

Major companies operating in the automotive composites market are BASF SE, General Electric Company, Compagnie de Saint-Gobain S.A, Toray Industries Inc., DuPont de Nemours Inc., Owens Corning Corporation, Lanxess AG, Teijin Ltd., Solvay S.A., Nippon Sheet Glass Co. Ltd., Avient Corporation, Johns Manville Corp., Hexcel Corporation, SGL Carbon India Private Limited, Gurit (Tianjin) Composite Material Co. Ltd., Momentive Performance Materials Inc., UFP Technologies Inc., Exel Composites plc, Mitsubishi Chemical Carbon Fiber and Composites Inc., Sigmatex Limited, Composites Evolution Ltd., Innegra Technologies LLC

Global Automotive Composites Market Trend: Advanced Eco-Friendly Solutions Enhanced Market Growth

Major companies operating in the automotive composites market are focused on developing innovations such as glass fiber composite technology to enhance strength and reduce weight in vehicle manufacturing. Glass fiber composite technology refers to the use of glass fibers embedded in a resin matrix to create strong and lightweight materials for various applications, including automotive components. For instance, in June 2024, Navrattan Group, an India-based technology company, launched the E-Bus, built using composite fiber materials. Employing high-quality glass fiber composite technology merged with integrated processes, this E-Bus represents a leap forward in electric vehicle design. The use of these advanced materials results in a reduced body weight and a lower gross vehicle weight, significantly enhancing the overall efficiency of the bus.

Automotive Composites Market Merger And Acquisition: Michelin's Acquisition Of Flex Composite Group To Strengthening Composite Manufacturing Business

In September 2023, Michelin, a France-based tire manufacturing company, acquired Flex Composite Group for $754.22 million (€700 million). Through this acquisition, companies will combine their expertise in polymer composite solutions, with Michelin bringing its unparalleled innovation and R&D capabilities and FCG contributing advanced customer engagement and industrial process expertise. Flex Composite Group is a France-based advanced automotive composite material manufacturing company.

Regional Insights For The Global Automotive Composites Market

Asia-Pacific was the largest region in the automotive composites market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive composites market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the automotive composites market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The automotive composites market consists of sales of metal matrix composites, polymer matrix composites, and carbon nanotube composites. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The automotive composites market research report is one of a series of new reports from The Business Research Company that provides automotive composites market statistics, including the automotive composites industry's global market size, regional shares, competitors with an automotive composites market share, detailed automotive composites market segments, market trends and opportunities, and any further data you may need to thrive in the automotive composites industry. This automotive composites market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Automotive Composites Market Report Forecast and Analysis

Report Attribute	Details
Market Size Value In 2024	$8.14 billion
Revenue Forecast In 2033	$12.44 billion
Growth Rate	CAGR of 11.2% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Material: Glass Fiber Composites, Natural Fiber Composites, Carbon Fiber Composites, Aramid Fiber Composites, Other Materials 2) By Resin: Thermoplastic, Thermoset 3) By Manufacturing Process: Compression Molding, Injection Molding, Resin Transfer Molding (RTM), Other Manufacturing Processes 4) By Application: Exterior, Interior, Structural And Powertrain, Other Applications
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	BASF SE, General Electric Company, Compagnie de Saint-Gobain S.A, Toray Industries Inc., DuPont de Nemours Inc., Owens Corning Corporation, Lanxess AG, Teijin Ltd., Solvay S.A., Nippon Sheet Glass Co. Ltd., Avient Corporation, Johns Manville Corp., Hexcel Corporation, SGL Carbon India Private Limited, Gurit (Tianjin) Composite Material Co. Ltd., Momentive Performance Materials Inc., UFP Technologies Inc., Exel Composites plc, Mitsubishi Chemical Carbon Fiber and Composites Inc., Sigmatex Limited, Composites Evolution Ltd., Innegra Technologies LLC
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Automotive Composites Market Characteristics

3. Automotive Composites Market Trends And Strategies

4. Automotive Composites Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Automotive Composites Market Size and Growth

5.1. Global Automotive Composites Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Automotive Composites Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Automotive Composites Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Automotive Composites Market Segmentation

6.1. Global Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Glass Fiber Composites

Natural Fiber Composites

Carbon Fiber Composites

Aramid Fiber Composites

Other Materials

6.2. Global Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Thermoplastic

Thermoset

6.3. Global Automotive Composites Market, Segmentation By Manufacturing Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Compression Molding

Injection Molding

Resin Transfer Molding (RTM)

Other Manufacturing Processes

6.4. Global Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Exterior

Interior

Structural And Powertrain

Other Applications

7. Automotive Composites Market Regional And Country Analysis

7.1. Global Automotive Composites Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Automotive Composites Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Automotive Composites Market

8.1. Asia-Pacific Automotive Composites Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Automotive Composites Market

9.1. China Automotive Composites Market Overview

9.2. China Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Automotive Composites Market

10.1. India Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Automotive Composites Market

11.1. Japan Automotive Composites Market Overview

11.2. Japan Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Automotive Composites Market

12.1. Australia Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Automotive Composites Market

13.1. Indonesia Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Automotive Composites Market

14.1. South Korea Automotive Composites Market Overview

14.2. South Korea Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Automotive Composites Market

15.1. Western Europe Automotive Composites Market Overview

15.2. Western Europe Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Automotive Composites Market

16.1. UK Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Automotive Composites Market

17.1. Germany Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Automotive Composites Market

18.1. France Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Automotive Composites Market

19.1. Italy Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Automotive Composites Market

20.1. Spain Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Automotive Composites Market

21.1. Eastern Europe Automotive Composites Market Overview

21.2. Eastern Europe Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Automotive Composites Market

22.1. Russia Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Automotive Composites Market

23.1. North America Automotive Composites Market Overview

23.2. North America Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Automotive Composites Market

24.1. USA Automotive Composites Market Overview

24.2. USA Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Automotive Composites Market

25.1. Canada Automotive Composites Market Overview

25.2. Canada Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Automotive Composites Market

26.1. South America Automotive Composites Market Overview

26.2. South America Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Automotive Composites Market

27.1. Brazil Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Automotive Composites Market

28.1. Middle East Automotive Composites Market Overview

28.2. Middle East Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Automotive Composites Market

29.1. Africa Automotive Composites Market Overview

29.2. Africa Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Automotive Composites Market Competitive Landscape And Company Profiles

30.1. Automotive Composites Market Competitive Landscape

30.2. Automotive Composites Market Company Profiles

30.2.1. BASF SE

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. General Electric Company

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Compagnie de Saint-Gobain S.A

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Toray Industries Inc.

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. DuPont de Nemours Inc.

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Automotive Composites Market Other Major And Innovative Companies

31.1. Owens Corning Corporation

31.2. Lanxess AG

31.3. Teijin Ltd.

31.4. Solvay S.A.

31.5. Nippon Sheet Glass Co. Ltd.

31.6. Avient Corporation

31.7. Johns Manville Corp.

31.8. Hexcel Corporation

31.9. SGL Carbon India Private Limited

31.10. Gurit (Tianjin) Composite Material Co. Ltd.

31.11. Momentive Performance Materials Inc.

31.12. UFP Technologies Inc.

31.13. Exel Composites plc

31.14. Mitsubishi Chemical Carbon Fiber and Composites Inc.

31.15. Sigmatex Limited

32. Global Automotive Composites Market Competitive Benchmarking

33. Global Automotive Composites Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Automotive Composites Market

35. Automotive Composites Market Future Outlook and Potential Analysis

35.1 Automotive Composites Market In 2028 - Countries Offering Most New Opportunities

35.2 Automotive Composites Market In 2028 - Segments Offering Most New Opportunities

35.3 Automotive Composites Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Automotive Composites Market, Segmentation By Manufacturing Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Automotive Composites Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Global Automotive Composites Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: Asia-Pacific, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: China, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: India, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Japan, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Australia, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Indonesia, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: South Korea, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Western Europe, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: UK, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: Germany, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: France, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Italy, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Spain, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Eastern Europe, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: Russia, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: North America, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: USA, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: Canada, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: South America, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Brazil, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Middle East, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Africa, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 75: BASF SE Financial Performance

Table 76: General Electric Company Financial Performance

Table 77: Compagnie de Saint-Gobain S.A Financial Performance

Table 78: Toray Industries Inc. Financial Performance

Table 79: DuPont de Nemours Inc. Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Automotive Composites Market, Segmentation By Manufacturing Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Automotive Composites Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Global Automotive Composites Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: Asia-Pacific, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: China, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: India, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Japan, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Australia, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Indonesia, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: South Korea, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Western Europe, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: UK, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: Germany, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: France, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Italy, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Spain, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Eastern Europe, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: Russia, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: North America, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: USA, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: Canada, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: South America, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Brazil, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Middle East, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Automotive Composites Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Automotive Composites Market, Segmentation By Resin, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Africa, Automotive Composites Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 75: BASF SE Financial Performance

Figure 76: General Electric Company Financial Performance

Figure 77: Compagnie de Saint-Gobain S.A Financial Performance

Figure 78: Toray Industries Inc. Financial Performance

Figure 79: DuPont de Nemours Inc. Financial Performance

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Frequently Asked Questions

What is the definition of the automotive composites market?

How will the automotive composites market drivers and restraints affect the automotive composites market dynamics? What forces will shape the automotive composites industry going forward?

The automotive composites market major growth driver - Impact Of Demand For Lightweight And Fuel-Efficient Vehicles On The Automotive Composites Market. For further insights on the automotive composites market, request a sample here

What is the forecast market size or the forecast market value of the automotive composites market?

The automotive composites market size has grown rapidly in recent years. It will grow from $7.33 billion in 2023 to $8.14 billion in 2024 at a compound annual growth rate (CAGR) of 11.1%. The growth in the historic period can be attributed to increased demand for lightweight vehicles, expansion of the EV market, government enforcement of stricter emission norms, growth in global vehicle production, and increased consumer preference for high-performance vehicles with better fuel efficiency and safety features. The automotive composites market size is expected to see rapid growth in the next few years. It will grow to $12.44 billion in 2028 at a compound annual growth rate (CAGR) of 11.2%. The growth in the forecast period can be attributed to ongoing growth in the EV market, increased emphasis on recycling and reuse of materials will drive innovation in sustainable composite solutions, rapid industrialization, increased investments in research and development, and expansion of charging infrastructure. Major trends in the forecast period include 3D printing and additive manufacturing, incorporation of nanoparticles, increased use of renewable and bio-based materials, advanced software tools for optimizing the structure of composite components, and development of advanced coatings. For further insights on the automotive composites market, request a sample here

How is the automotive composites market segmented?

The automotive composites market is segmented
1) By Material: Glass Fiber Composites, Natural Fiber Composites, Carbon Fiber Composites, Aramid Fiber Composites, Other Materials
2) By Resin: Thermoplastic, Thermoset
3) By Manufacturing Process: Compression Molding, Injection Molding, Resin Transfer Molding (RTM), Other Manufacturing Processes
4) By Application : Exterior, Interior, Structural And Powertrain, Other ApplicationsFor further insights on the automotive composites market, request a sample here

Which region has the largest share of the automotive composites market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the automotive composites market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive composites market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the automotive composites market, request a sample here.

Who are the major players in the automotive composites market?

What are the key trends in the automotive composites market?

Major trend in the automotive composites market - Advanced Eco-Friendly Solutions Enhanced Market Growth. For further insights on the automotive composites market, request a sample here.

What are the major opportunities in the automotive composites market? What are the strategies for the automotive composites market?

For detailed insights on the major opportunities and strategies in the automotive composites market, request a sample here.

How does the automotive composites market relate to the overall economy and other similar markets?

For detailed insights on automotive composites market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the automotive composites industry?

For detailed insights on the mergers and acquisitions in the automotive composites industry, request a sample here.

What are the key dynamics influencing the automotive composites market growth? SWOT analysis of the automotive composites market.

For detailed insights on the key dynamics influencing the automotive composites market growth and SWOT analysis of the automotive composites industry, request a sample here.