PUBLISHER: TechNavio | PRODUCT CODE: 1349948
PUBLISHER: TechNavio | PRODUCT CODE: 1349948
The carbon fiber in the automotive composites market is forecasted to grow by USD 181.63 mn during 2022-2027, accelerating at a CAGR of 6.24% during the forecast period. The report on the carbon fiber in the automotive composites market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by excellent properties exhibited by carbon fiber, stringent regulations in the automotive industry, and increased automobile production capacity in APAC.
Technavio's carbon fiber in the automotive composites market is segmented as below:
Market Scope | |
---|---|
Base Year | 2022 |
End Year | 2027 |
Series Year | 2023-2027 |
Growth Momentum | Accelerate |
YOY 2023 | 5.15% |
CAGR | 6.24% |
Incremental Value | $181.63mn |
By Material
By Application
By Geographical Landscape
This study identifies the developments in the automotive industry as one of the prime reasons driving the carbon fiber in the automotive composites market growth during the next few years. Also, increasing demand for fuel-efficient vehicles and growing demand for CFRP will lead to sizable demand in the market.
The report on the carbon fiber in the automotive composites market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading carbon fiber in the automotive composites market vendors that include ACP Composites Inc., China Composites Group Corp. Ltd., DowAksa Ileri Kompozit Malzemeler San. Ltd. Sti., Formosa Plastics Corp., Hexcel Corp., HP Composites S.p.A. , Hyosung Corp., Knauf Industries, Kureha Corp., Mitsubishi Chemical Group Corp., Plasan Sasa Ltd., Revchem Composites Inc., SAERTEX GmbH and Co.KG, Saudi Basic Industries Corp., SGL Carbon SE, Shenzhen KIY Carbon Co. Ltd., Solvay SA, Teijin Ltd., Toray Industries Inc., and Muhr und Bender KG. Also, the carbon fiber in the automotive composites market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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