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(I-AutoNewsWire.com, December 21, 2018 )
Stratview Research has published a new research report on Automotive Under the Hood Composites Market. This extensive 240-page report by Stratview Research analyses the growth of Automotive Under the Hood Composites Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023 under the following segments -
• By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium- & Heavy-Duty Commercial Vehicle)
• By Application Type (Air Intake Manifold, Radiator End Tank, Engine Cover, Engine Oil Pan, Ducts, Charge Air Cooler, Others)
• By Resin Type (PA Composites, PP Composites, PBT Composites, PPS Composites, Others)
• By Manufacturing Process Type (Injection-Molded Composites, Blow-Molded Composites, Others)
• By Region (North America, Europe, Asia-Pacific, Rest of the World)
Go through the detailed scope: https://www.stratviewresearch.com/toc/345/Automotive-Under-the-Hood-Composites-Market.html
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Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/345/Automotive-Under-the-Hood-Composites-Market.html
Engine downsizing in automotive industry
One of the biggest trends in the automotive industry is engine downsizing. Engine downsizing elevates the temperature of under the hood as these engines run hotter. Furthermore, the space of the engine compartment is getting lessened as cars are getting more compact. In such high- temperature and -pressure environments, components made with conventional materials cannot reliably deliver performance as desired. Composite components have been proven not only in achieving greater fuel efficiency but also in delivering higher performance and long-term reliability.
The automotive under the hood composites market is likely to grow at an impressive growth rate over the next five years to reach US$ 6,667.3 million in 2023. The auto industry has efficaciously been ushering in a new era of lightweight vehicles with a meticulous investment into composite components in under the hood areas that can address the changing business requirements in the most effective manner.
Top market players
The supply chain of this market comprises raw material suppliers (fiber and resin), compounders, composite part manufacturers, automotive OEMs, dealers, and end-users. The key raw material suppliers for automotive under the hood composites market are Owens Corning, Johns Manville, BASF SE, DuPont, DSM, Lanxess AG, and Celanese Corporation, whereas the major under the hood composite component manufacturers are Aisin Seiki, Calsonic Kensai, Denso Corporation, MAHLE GmbH, Mann+Hummel, Magneti Marelli, and Röchling Group. Development of lightweight composite components and forming strategic alliances with the automakers are the key strategies adopted by the major 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
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