Automotive Composites Market Size, Share & Trends Analysis Report By Product Types, And Applications Forecast To 2028

 Stratview Research delivers key insights on the global Automotive Composites Market.

The report also covers the Covid impact on the market. Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2021 and an uptrend is witnessed from 2022.

Get a free sample report here:

https://www.stratviewresearch.com/Request-Sample/581/automotive-composites-market.html#form

Market Insights

The Automotive Composites Market was accounted for US$ 730.4 Mn in terms of value in 2021 and is expected to grow at CAGR of 9.0% for the period 2022-2028.

Profiling Key Companies –

• Ashland Global Holdings Inc.

• AOC, LLC

• BASF SE

• Continental Structural Plastics Inc. (CSP)

• Solvay S.A.

• Koninklijke DSM N.V.

• E. I. du Pont de Nemours and Company

• Hexion Inc.

• Huntsman Corporation

• Lanxess GmbH

• SABIC (Saudi Basic Industries Corporation)

• Toray Industries, Inc.

• Owens Corning Corporation.

Growth drivers and Market Value:

This report, from Stratview Research, studies the Automotive composites market value and growth drivers over the trend period of 2019-24. According to the report -

Automotive composites market size is projected to reach an estimated value of US$ 15.6 billion in 2024. In the coming five years, the growth rate of composites in automotive is likely to outpace the growth rate of the automotive industry, catching the significant attention of the industry stakeholders.

Segment Analysis:

Based on by Vehicle Type:

The automotive composites market is broadly segmented based on vehicle type as Passenger Car, LCV, and M&HCV. Passenger car is expected to remain the growth engine of the automotive composites market during the forecast period. The high production of cars coupled with good composites penetration is the prime factor behind the dominance of the passenger car segment in the automotive composites market.

Based on Regional:

In terms of regions, Europe and North America capture a large chunk of the global automotive composites market. The average composite content per vehicle is higher in Europe and North America as compared to the Asia-Pacific region, which led to a low share of Asia-Pacific despite being the largest vehicle producer across the globe. The USA, Canada, Mexico, Germany, France, China, and Japan are some key countries across the globe, accounting for a significant share in the market.

 

Know more about the report, click here

https://www.stratviewresearch.com/581/automotive-composites-market.html

Covid Impact

This informative research report also includes the most recent global events concerning the coronavirus pandemic. The report provides a detailed analysis of the pandemic's impact and the industry's economic scenario. The report consists of tables, graphs, charts, figures, and diagrams, that are used to graphically represent important statistical information.

-         

-        Appropriate market trend and forecast analysis.

-        All-inclusive report

-        Decent price-performance ratio

-        Reliable data

-        Attractive market segments and associated growth opportunities.

Custom Research:

Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please connect with our experts at +1-313-307-4176.

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Stratview Research is a global market intelligence and consulting organization that provides market research reports, customized reports, and consulting services. We are also committed to playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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