Automotive Carbon Fiber Market : Industry Insights , Major Key Players and Current Trends Analysis

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Japan, Japan, Fri, 05 Feb 2021 02:52:45 / Comserve Inc. / — Automotive Carbon Fiber Market Estimation, Global Share, Industry Outlook, Price Trend, Growth Opportunity and Top Regional Forecast (Latin America, North America, Asia Specific, Europe, Middle East )

“Market Overview:
Global Automotive Carbon Fiber Market is valued at approximately USD 1.19 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.7% over the forecast period 2020-2027. The recent technological developments in automotive industry has enabled the automotive manufacturers to utilize green materials or technologies that helps reduce the carbon emission level and improve the overall vehicle efficiency, thereby accelerating the demand for carbon fiber among automobile manufacturers. Further, the automotive industry mainly uses carbon fibers in high-strength lightweight components in automotive applications, as they are primarily consumed in interior and exterior parts like vents, door pillars and gas caps. Also, carbon fiber has been replacing metals in automobiles where being lightweight is necessary for fuel efficiency, therefore, automobile manufacturers has witnessed a good traction for utilizing carbon fiver in various automotive applications. Therefore, this factor may strengthen the demand for automotive carbon fiber across the globe. Moreover, growing demand for lightweight vehicle, along with introduction of fuel standards by government to improve vehicle efficiency are the few factors responsible for the CAGR of the market during the forecast period. According to the survey of European Commission, it is estimated that emission regulations mandate a mere 95Kg/Km by 2021 with another 15% reduction by 2025, and in 2030 it is expected to further see a 30% reduction from 2021. Likewise, as per the Carbon Brief Organization, the Indian Government is promising to cut the intensity of its carbon emission by 33-35% by 2030. This, in turn, is likely to strengthen the demand for automotive carbon fiber, thereby contributing to the market growth around the world. However, the high cost of manufacturing automotive composite materials is one of the prime the few factors restraining the market growth over the forecast period of 2020-2027.

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The regional analysis of the global Automotive Carbon Fiber market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share owing to the rising government support to utilize automotive carbon fiber material, along with the significant presence of market vendors in the region. Whereas Asia-Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the rise in demand for lightweight vehicles coupled with stringent government norms concerning environment safety and emission in the developing nations, such as China and India, are the few factors creating a lucrative opportunity for the growth of the Automotive Carbon Fiber market in the Asia-Pacific region.

Major market player included in this report are:
Toray Industries, Inc.
Hexcel Corporation
Clearwater Composites, LLC
ACP Composites, Inc
SGL Carbon SE
Cytec Industries
HITCO Carbon Composites Inc
Mitsubishi Rayon Carbon Fiber And Composites, Inc.
Polar Manufacturing Limited
Rock West Composites

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Production Type:
Hand Layup
Resin Transfer Molding
Vacuum Infusion Processing
Injection Molding
Compression Molding

By Application:
Structural Assembly
Powertrain Components
Interiors
Exteriors
Others

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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Automotive Carbon Fiber Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Table of Content
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Automotive Carbon Fiber Market, by Region, 2018-2027 (USD Billion)
1.2.2. Automotive Carbon Fiber Market, by Production Type, 2018-2027 (USD Billion)
1.2.3. Automotive Carbon Fiber Market, by Application, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Automotive Carbon Fiber Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Automotive Carbon Fiber Market Dynamics
3.1. Automotive Carbon Fiber Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Automotive Carbon Fiber Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Automotive Carbon Fiber Market, by Production Type
5.1. Market Snapshot
5.2. Global Automotive Carbon Fiber Market by Production Type, Performance – Potential Analysis
5.3. Global Automotive Carbon Fiber Market Estimates & Forecasts by Production Type 2017-2027 (USD Billion)
5.4. Automotive Carbon Fiber Market, Sub Segment Analysis
5.4.1. Hand Layup
5.4.2. Resin Transfer Molding
5.4.3. Vacuum Infusion Processing
5.4.4. Injection Molding
5.4.5. Compression Molding
Chapter 6. Global Automotive Carbon Fiber Market, by Application
6.1. Market Snapshot
6.2. Global Automotive Carbon Fiber Market by Application, Performance – Potential Analysis
6.3. Global Automotive Carbon Fiber Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
6.4. Automotive Carbon Fiber Market, Sub Segment Analysis
6.4.1. Structural Assembly
6.4.2. Powertrain Components
6.4.3. Interiors
6.4.4. Exteriors
6.4.5. Others
Chapter 7. Global Automotive Carbon Fiber Market, Regional Analysis
7.1. Automotive Carbon Fiber Market, Regional Market Snapshot
7.2. North America Automotive Carbon Fiber Market
7.2.1. U.S. Automotive Carbon Fiber Market
7.2.1.1. Production Type breakdown estimates & forecasts, 2017-2027
7.2.1.2. Application breakdown estimates & forecasts, 2017-2027
7.2.2. Canada Automotive Carbon Fiber Market
7.3. Europe Automotive Carbon Fiber Market Snapshot
7.3.1. U.K. Automotive Carbon Fiber Market
7.3.2. Germany Automotive Carbon Fiber Market
7.3.3. France Automotive Carbon Fiber Market
7.3.4. Spain Automotive Carbon Fiber Market
7.3.5. Italy Automotive Carbon Fiber Market
7.3.6. Rest of Europe Automotive Carbon Fiber Market
7.4. Asia-Pacific Automotive Carbon Fiber Market Snapshot
7.4.1. China Automotive Carbon Fiber Market
7.4.2. India Automotive Carbon Fiber Market
7.4.3. Japan Automotive Carbon Fiber Market
7.4.4. Australia Automotive Carbon Fiber Market
7.4.5. South Korea Automotive Carbon Fiber Market
7.4.6. Rest of Asia Pacific Automotive Carbon Fiber Market
7.5. Latin America Automotive Carbon Fiber Market Snapshot
7.5.1. Brazil Automotive Carbon Fiber Market
7.5.2. Mexico Automotive Carbon Fiber Market
7.6. Rest of The World Automotive Carbon Fiber Market

For more information about this report visit: >>Automotive Carbon Fiber Market“

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