Dublin, Feb. 08, 2019 (GLOBE NEWSWIRE) -- The "Growth Opportunities for Carbon Fiber in the Global Automotive Market" report has been added to ResearchAndMarkets.com's offering.
Carbon fiber in the global automotive market is expected to grow at a CAGR of 7.9% from 2018 to 2023.
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. 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 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 carbon fiber in the global automotive companies profiled in this report include SGL, Toray, Mitsubishi Rayon, Toho Tenax, Formosa Plastic, Hexcel, Cytec, DOWAKSA, Hyosung Corporation, and Composite Holding.
Scope of the Report
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
This report answers the following 11 key questions:
- Q.1.What are some of the most promising, high-growth of carbon fiber in the global automotive composites market by application (exterior, power train system, under body system, chassis system, pressure vessel, interior and others), by material (SMC, LFT, SFT, Prepreg and RTM and Other thermoset, regional (North America, Europe APAC/ROW), and region (North America, Europe, APAC/ROW) and why?
- Q.2.Which application segments will grow at a faster pace and why?
- Q.3.Which region will grow at a faster pace and why?
- Q.4.What are the key factors affecting market dynamics? What are the drivers and challenges for carbon fiber in the global automotive composites market?
- Q.5.What are the business risks and competitive threats for carbon fiber in the global automotive composites market?
- Q.6.What are emerging trends for carbon fiber in the global automotive composites market and reasons behind them?
- Q.7.What are some changing demands of customers for carbon fiber in the global automotive composites market?
- Q.8.What are the new developments for carbon fiber in the global automotive composites market and which companies are leading these developments?
- Q.9.Who are the major players for carbon fiber in the global automotive composites market? What strategic initiatives are being implemented by key players for business growth?
- Q.10.What are some of the competitive products for carbon fiber in the global automotive composites market and how great of a threat do they pose for loss of market share through product substitution?
- Q.11.What M & A activities have transpired in the last 5 years for carbon fiber in the global automotive composites market and how have they affected the industry?
Key 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 3.3.1: Exterior 3.3.2: Interior 3.3.3: Power Train System 3.3.4: Under Body System 3.3.5: Pressure Vessel 3.3.6: Chassis System 3.3.7: Others 3.4: Carbon Fiber in the Global Automotive Market by Material 3.4.1: SMC 3.4.2: SFT 3.4.3: LFT 3.4.4: Prepreg 3.4.5: Textiles and Other Thermosets 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 6.1.1: Growth Opportunities for Carbon Fiber in the Global Automotive Market by Application 6.1.2: Growth Opportunities for Carbon Fiber in the Global Automotive Market by Material 6.1.3: Growth Opportunities for Carbon Fiber in the Global Automotive Market by Region 6.2: Emerging Trends for Carbon Fiber in the Global Automotive Market 6.3: Strategic Analysis 6.3.1: New Product Development 6.3.2: Mergers, Acquisitions and Joint Ventures of Carbon Fiber in Global Automotive Market 6.3.3: Certification and Licensing 6.3.4: Technology Development 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 Corportation 7.7: DowAksa 7.8: Hyosung Corporation 7.9: CYTEC For more information about this report visit https://www.researchandmarkets.com/research/l...rowth?w=12
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