Automotive Carbon Fiber Composites Market in China 2022-2026
Technavio has been monitoring the automotive carbon fiber composites market in China and it is poised to grow by 3.65 thousand units during 2022-2026, decelerating at a CAGR of 11.17% during the forecast period. Our report on automotive carbon fiber composites market in China 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 china market scenario, latest trends and drivers, and the overall market environment. The market is driven by excellent properties exhibited by carbon fiber composites and increasing adoption of electric vehicles (EVs). In addition, excellent properties exhibited by carbon fiber composites is anticipated to boost the growth of the market as well.
The automotive carbon fiber composites market in China analysis includes application and vehicle type segments.
Technavio's automotive carbon fiber composites market in China is segmented as below:
By Application
- Structural assembly
- Powertrain components
- Others
By Vehicle Type
- Passenger vehicles
- Commercial vehicles
This study identifies the stringent regulations in the automotive industryas one of the prime reasons driving the automotive carbon fiber composites market growth in China during the next few years.
Technavio 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. Our report on automotive carbon fiber composites market in China covers the following areas:
- Automotive carbon fiber composites market sizing
- Automotive carbon fiber composites market forecast
- Automotive carbon fiber composites market industry analysis
Technavio's 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 automotive carbon fiber composites market vendorsin China that include Jiangsu Hengshen Co. Ltd., Jiangsu Tianniao High-technology Co. Ltd., Mitsubishi Chemical Corp., Owens Corning, Polar Manufacturing Ltd., Rock West Composites Inc., SGL Carbon SE, Solvay SA, Toray Industries Inc., and Weihai Guangwei Group Co. Ltd. Also, the automotive carbon fiber composites market in China 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.
Technavio 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. Technavio's 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.
Companies MentionedJiangsu Hengshen Co. Ltd., Jiangsu Tianniao High-technology Co. Ltd., Mitsubishi Chemical Corp., Owens Corning, Polar Manufacturing Ltd., Rock West Composites Inc., SGL Carbon SE, Solvay SA, Toray Industries Inc., Weihai Guangwei Group Co. Ltd.