insightSLICE recently published a market research report on Automotive Composites which is based on intensive research methodologies and studies examining market status post corona virus outbreak.
Composites, are basically composition of two of more constituents, forming a substantial part of a vehicle and can lead to lighter vehicles which are safer and better in terms of fuel efficiency. Composites consist of high-performance glass or carbon fiber. In the foreseeable years, these materials are expected to replace steel in the automotive sector, resulting in a booming market opportunity. Composites consist of high-performance glass or carbon fiber. In the foreseeable years, these materials are expected to replace steel in the automotive sector, resulting in a booming market opportunity. As demand for cars is growing around the world, there will also be a substantial growth in demand for high-level vehicles.
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Competitive Landscape
Some of the major players in the Automotive Composites market are Toho Tenax Co., Ltd., SGL Group, Toray Industries, Inc., Solvay S.A., Owens Corning and Gurit among others.
Players in the Automotive Composites market are mainly concentrating on new product launches, acquisition, and collaboration to meet the growing demand for various end-use industries. New product launches help companies to strengthen their product portfolio and meet the specific demands of customers.
The report discusses key information about major growth drivers, restraints, opportunities, and trends observed in the global Automotive Composites market. Factors such as market projections, the supply-demand ratio, market size, market attractiveness, technological advances, and key segments have been studied in detail. The Automotive Composites market shares, product portfolios, and business strategies of the major market players have been revealed, along with authentic statistical data, figures, charts, and tables.
Segmentation Overview:
By fiber type: carbon, glass and others
By resin type: thermoplastic and thermoset
By application: interior, exterior, powertrain and chassis
By vehicle type: electric and non-electric
Users can Expect Following From this Report:
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Why you should buy this report
The Automotive Composites Report provides industry professionals and strategists, corporate analysts, associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the market.
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