Auto Industry News
Auto Bailout News
Auto Magazines
Auto Show News
Car Dealers News
|
Home | Automotive News | Submit Press Release |
(I-AutoNewsWire.com, December 21, 2018 )
Stratview Research has published a new research report on Automotive Exterior Composites Market. This extensive 140-page report by Stratview Research analyses the growth of Automotive Exterior Composites Market over the trend period of 2013 to 2018 and forecast period of 2019 to 2024 under the following segments -
• By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium- & Heavy-Duty Commercial Vehicle)
• By Application Type (Bumper, Front-End Module, Fenders, Door & Roof & others)
• By Resin Type (Polyester Composites, Polyamide Composites, polypropylene composites, Epoxy Composites & Others)
• By Fiber Type (Carbon Fiber Composites, Glass Fiber Composites)
• By Process Type (Compression-Molded Composites, Injection-Molded Composites, Resin-Infused Composites & Others)
• And by Region (North America, Europe, Asia-Pacific, and RoW)
Go through the detailed scope: https://www.stratviewresearch.com/toc/429/Automotive-Exterior-Composites-Market.html
Or
Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/429/Automotive-Exterior-Composites-Market.html
Several factors that are bolstering the demand for composites
The automotive exterior composites market is likely to grow at a healthy rate over the next five years to reach US$ 11,928.1 million in 2024. There are several factors that are bolstering the demand for composites in automotive exterior applications. Some of the major ones are a higher strength-to-weight ratio of composite parts, excellent surface finish, excellent corrosion and abrasion resistance, and durability. The combined effects of the above-mentioned factors render multi-edge benefits to the automakers as these factors not only assist automakers to meet the stringent regulations regarding fuel efficiency enhancements and carbon emission reductions but also provides more durable parts with the benefit for low-maintenance cost. It is anticipated that there would be an incessant replacement of metallic parts with the composite ones, especially in exterior applications, in the foreseen future.
Top Market Players
The supply chain of this market comprises composite material suppliers, composite part manufacturers, automotive tier players, automotive OEMs, dealers, and Users. The key material suppliers for automotive exterior composites are Huntsman Corporation, Ashland Performance Materials, Celanese Corporation, and LyondellBasell, AOC Resins LLC, Owens Corning, and Reichhold. Some of the key composite part fabricators include Magna International, Plastic Omnium, Samvardhana Motherson Group, Denso Corporation, Rochling Group, and Valeo Group. The development of low-cost and high-performance composites components and forming strategic alliances with the automakers are the key strategies adopted by the key players to gain a competitive edge in the market.
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Stratview Research
Ritesh Gandecha
+1-313-307-4176
sales@stratviewresearch.com
Source: EmailWire.Com
Source: EmailWire.com
|