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Carbon Fiber in the Global Automotive Market, 2018-2023: Expected to Register a CAGR of 7.9% - Key Growth Opportunities - ResearchAndMarkets.com

February 4, 2019

DUBLIN--(BUSINESS WIRE)--Feb 4, 2019--The “Growth Opportunities for Carbon Fiber in the Global Automotive Market” report has been added to ResearchAndMarkets.com’s offering.

The future of carbon fiber in the global automotive market looks promising with opportunities in the exterior, interior, chassis, powertrain, and under body system market.

Carbon fiber in the global automotive market is expected to grow at a CAGR of 7.9% from 2018 to 2023. The major growth drivers for this market are increasing automotive production and growing demand for lightweight material due to stringent government regulations to increase fuel efficiency and reduce greenhouse gas emissions.

Emerging trends, which have a direct impact on the dynamics of carbon fiber in the global automotive industry, include development of hybrid, low cost, and recyclable carbon fiber for automotive market.

The study includes carbon fiber in the global automotive market size and market trends and forecasts for carbon fiber in the global automotive market through 2023, segmented by application, material, and region as follows:

Carbon Fiber in Global Automotive Market by Application (Volume (M lbs.) and $M shipment analysis for 2012 to 2023):

Exterior Chassis System Interior Pressure Vessel Power Train System Under Body System Others

Carbon Fiber in Global Automotive Market by Material (Volume (M lbs) and $M shipment analysis for 2012 to 2023):

Textile Long Fiber Thermoplastic (LFT) Sheet Molding Compound (SMC) Short Fiber Thermoplastic (SFT) Prepreg Other

Carbon Fiber in Global Automotive Market by Region (Volume (M lbs) and $M shipment analysis for 2012 to 2023):

North America Europe Asia Pacific (APAC)/Rest of the World (ROW)

The researcher forecasts that the carbon fiber textile is expected to remain the largest market by value and volume due to increasing demand in automotive exterior applications.

Within this market, exterior will remain the largest application by value and volume due to increasing usage of carbon fiber in hood, fender, panel, roof, front end module, and wind shield. The researcher predicts that the demand for carbon fiber in chassis application is expected to experience the highest growth in the forecast period.

Europe is expected to remain the largest market and witness the highest growth over the forecast period due to the increasing production of luxury and sports car. Government regulations, such as CAFE Standards in the US and carbon emission targets in Europe, are putting pressure on OEMs to incorporate lightweight materials to reduce the vehicle weight.

Some of the features of the report include:

Market size estimates: Carbon fiber in the global automotive market size estimation in terms of value ($M) and volume (M Lbs.) shipment. Trend and forecast analysis: Market trend (2012-2017) and forecast (2018-2023) by application, and end-use industry. Segmentation analysis: Carbon fiber in the global automotive market size by various applications such as application and material type in terms of value and volume shipment. Regional analysis: Carbon fiber in the global automotive market breakdown by North America, Europe, Asia Pacific, and the Rest of the World. Growth opportunities: Analysis on growth opportunities in different applications and regions of carbon fiber in the global automotive market. Strategic analysis: This includes M&A, new product development, and competitive landscape of carbon fiber in the global automotive market. Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

Topics Covered

1. Executive Summary

2. Market Background and Classifications 2.1: Introduction, Background and Classifications 2.2: Supply Chain 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2012 to 2023 3.1: Macroeconomic Trends and Forecast 3.2: Carbon Fiber in the Global Automotive Market Trends and Forecast 3.3: Carbon Fiber in the Global Automotive Market by Application 3.4: Carbon Fiber in the Global Automotive Market by Material

4. Market Trends and Forecast Analysis by Region 4.1: Carbon Fiber for Automotive Composite Market by Region 4.2: North American Carbon Fiber for Automotive Market 4.3: European Carbon Fiber for Automotive Market 4.4: APAC/ROW Carbon Fiber for Automotive Market

5. Competitor Analysis 5.1: Product Portfolio Analysis 5.2: Market Share Analysis 5.3: Operational Integration 5.4: Geographical Reach 5.5: Porter’s Five Forces Analysis

6. Growth Opportunities and Strategic Analysis 6.1: Growth Opportunity Analysis 6.2: Emerging Trends for Carbon Fiber in the Global Automotive Market 6.3: Strategic Analysis

7. Company Profiles of Leading Players

7.1: SGL 7.2: Toray Industries 7.3: Mitsubishi Rayon 7.4: Toho Tenax 7.5: Formosa Plastic Corp 7.6: Hexcel Corporation 7.7: DowAksa 7.8: Hyosung Corporation 7.9: CYTEC

For more information about this report visit https://www.researchandmarkets.com/research/r388fb/carbon_fiber_in?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190204005464/en/

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Related Topics:Advanced Materials,Automotive Manufacturing,Automotive Interior Components

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING AUTOMOTIVE MANUFACTURING OTHER MANUFACTURING

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 02/04/2019 10:11 AM/DISC: 02/04/2019 10:11 AM

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