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(I-AutoNewsWire.com, January 31, 2019 ) Stratview Research announces the launch of a new research report on Automotive Exterior Composites Market by Vehicle Type (Passenger Car, LCV, and M&HCV), by Application Type (Bumper, Front-End Module, Fenders, Door & Roof, Liftgate, Active Grille Shutter, and Others), by Resin Type (Polyester Composites, Polyamide Composites, Polypropylene Composites, Epoxy Composites, and Others), by Fiber Type (Glass Fiber Composites and Carbon Fiber Composites), by Process Type (Compression Molding, Injection Molding, Resin Infusion, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2019-2024.
Automotive Exterior Composites Market: Research Highlights The automotive industry has fervently been ushering in a new era by targeting five key areas: Lightweight Design, Digitization, Connectivity, Autonomous, and Alternative Powertrains. Stringent regulations regarding fuel efficiency enhancements and carbon emission reductions, such as CAFÉ Standards and EU directives on carbon emissions reduction, imposed by several governments, are set to upheaval the current material mix in the automotive industry. All the major automakers are meticulously investing in those technologies which can address changing business requirements in the most cost-effective manner. Composite materials have earned an unheralded reputation in addressing most of the current and future business requirements.
Click here for table of contents:- https://www.stratviewresearch.com/toc/429/Automotive-Exterior-Composites-Market.html Or Request a sample here:- https://www.stratviewresearch.com/Request-Sample/429/Automotive-Exterior-Composites-Market.html
As per Stratview Research, 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 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.
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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