Global Automotive Composites Market Growth 2023-2029

Global Automotive Composites Market Growth 2023-2029

Automotive Composites refers to chemical composite materials used in automobiles, such as fiber, resin, etc.

LPI (LP Information)' newest research report, the “Automotive Composites Industry Forecast” looks at past sales and reviews total world Automotive Composites sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Composites sales for 2023 through 2029. With Automotive Composites sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Composites industry.

This Insight Report provides a comprehensive analysis of the global Automotive Composites landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Composites portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Composites market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Composites and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Composites.

The global Automotive Composites market size is projected to grow from US$ 7918.2 million in 2022 to US$ 12930 million in 2029; it is expected to grow at a CAGR of 12930 from 2023 to 2029.

Increasing usage of the light weight, cost effective and sturdy components will drive the industry demand. 

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Composites market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Fibe
Resin

Segmentation by application
Passenger Car
Commercial Vehicle

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ACP Composites
Clear Water Composites
Cytec Solvay Group
DowAksa
Hexceloration
HITCO Carbon Composites
Johns Manvilleoration
Jushi Group
Koninklijke Ten Cate bv
Owens Corning
Polar Manufacturing
Protech Composites
Revchem Composites
Rock West Composites
Scott Bader
SGL Group
Teijin
Toho Tenax America
TORAY INDUSTRIES

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Composites market?

What factors are driving Automotive Composites market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Composites market opportunities vary by end market size?

How does Automotive Composites break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.