Automotive Carbon Fiber Composites Market Size, Share | 2030

Automotive Carbon Fiber Composites Market Size, Share | 2030

Segments - Automotive Carbon Fiber Composites Market by Applications (Power Train Components, Exterior, Structural Assembly, and Interior), Production Types (Compression Molding, Injection Molding, Hand Layup, Vacuum Infusion Processing, and Resin Transfer Molding), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

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Author : Akash Vedpathak
https://growthmarketreports.com/Vineet
Fact-checked by : Vineet Pandey
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Editor : Shruti Bhat

Upcoming | Report ID :AL-1856 | 4.7 Rating | 68 Reviews | 186 Pages | Format : PDF Excel PPT

Report Description


The global automotive carbon fiber composites market size is projected to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing usage of natural fibers that are eco friendly, rising concern for environment among people, and stringent rules and regulation regarding control of emission.

Carbon fiber Composites is combined with two materials that have different physical and chemical properties. They are majorly used for the replacement of steel and variety of heavy materials due to its high strength and weight ratio. The carbon fiber composites is combined for making special materials for doing some work to become stronger, resistant, and lighter along with it help to maintain the strength and stiffness in the vehicles.

Automotive Carbon Fiber Composites Market Outlook

Covid-19 has majorly impacted the automotive carbon fiber composites market. The worldwide lockdown has impacted the automobiles manufacturing which has decreased the growth of the automotive carbon fiber composites market. Many functioning has also been impacted due to lockdown including supply chain of vehicles, stoppage in production, and closed manufacturing plants.

  • Increasing demand for lightweight and fuel efficient vehicles is projected to propel the market expansion in the coming years.
  • Rapid growth of the automotive industry is main factors fueling the market growth.
  • Strict rules and policies implemented by government possess as main factor that can hinder the market growth.
  • High processing and manufacturing price of carbon fiber composites is expected to restrict the market expansion in the coming years.
  • R&D investment and technological advancement in carbon fiber composites are projected to offer lucrative opportunities for the market players.

Scope of the Automotive Carbon Fiber Composites Market Report

The report on the global automotive carbon fiber composites market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Automotive Carbon Fiber Composites Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Applications (Power Train Components, Exterior, Structural Assembly, and Interior), Production Types (Compression Molding, Injection Molding, Hand Layup, Vacuum Infusion Processing, and Resin Transfer Molding)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Hexcel Corp.; SGL Carbon SE; Toray Industries Inc.; Mitsubishi Chemical Carbon Fiber and Composites Inc.; Teijin Ltd.; Delphi Technologies; 3B Fiberglass; General Motors Company; and Nippon Sheet Glass Co Ltd.

 

Automotive Carbon Fiber Composites Market Segment Insights:

Exterior segment is anticipated to hold a large market share

In terms of applications, the global automotive carbon fiber composites market is segmented into power train components, exterior, structural assembly, and interior. The exterior segment is expected to constitute a key share of the market in the coming years due to main components of the body of car such as door panels; fender, bumper beam, hood, and front end module are comprised of carbon fiber composite materials. The usage of carbon fiber composite materials increases the durability, lesser maintenance cost, and durability. On the other hand, the interior segment is projected to expand at a rapid pace in the coming years due to increasing demand for interior components that has light weight.

Automotive Carbon Fiber Composites Market by Applications

Injection molding segment is expected to account for a major market share

Based on production types, the market is segmented into compression molding, injection molding, hand layup, vacuum infusion processing, and resin transfer molding. The injection molding segment is expected to represent a key share of the market during the forecast period due to growing adoption in the automotive sector and rising operating temperatures. However, the compression molding segment is expected to expand at a rapid pace in the coming years owing to simple process and decreasing tool costs.

Europe is anticipated to dominate the market

On the basis of regions, the global automotive carbon fiber composites market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of Europe is anticipated to expand at an impressive CAGR during the forecast period. The regional market growth can be attributed to biggest producer of the motor vehicles and major industry operating in the region. On the other hand, the market of Asia Pacific is expected to exhibit a rapid growth rate in the coming years due to rising fuel efficiency requirement as well as lightweight vehicles.

Segments

Segments Covered in the Report

The global automotive carbon fiber composites market has been segmented on the basis of

Applications

  • Power Train Components
  • Exterior
  • Structural Assembly
  • Interior

Production Types

  • Compression Molding
  • Injection Molding
  • Hand Layup
  • Vacuum Infusion Processing
  • Resin Transfer Molding

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Hexcel Corp.
  • SGL Carbon SE
  • Toray Industries Inc.
  • Mitsubishi Chemical Carbon Fiber and Composites Inc.
  • Teijin Ltd.
  • Delphi Technologies
  • 3B Fiberglass
  • General Motors Company
  • Nippon Sheet Glass Co Ltd.

Competitive Landscape

Key players competing in the global automotive carbon fiber composites market include Hexcel Corp.; SGL Carbon SE; Toray Industries Inc.; Mitsubishi Chemical Carbon Fiber and Composites Inc.; Teijin Ltd.; Delphi Technologies; 3B Fiberglass; General Motors Company; and Nippon Sheet Glass Co Ltd. Some of these players are engaged in several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.

Automotive Carbon Fiber Composites Market by Key players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Carbon Fiber Composites Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Automotive Carbon Fiber Composites Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Automotive Carbon Fiber Composites Market - Supply Chain
  4.5. Global Automotive Carbon Fiber Composites Market Forecast
     4.5.1. Automotive Carbon Fiber Composites Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Automotive Carbon Fiber Composites Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Automotive Carbon Fiber Composites Market Absolute $ Opportunity
5. Global Automotive Carbon Fiber Composites Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Automotive Carbon Fiber Composites Market Size and Volume Forecast by Applications
     5.3.1. Power Train Components
     5.3.2. Exterior
     5.3.3. Structural Assembly
     5.3.4. Interior
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Automotive Carbon Fiber Composites Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Automotive Carbon Fiber Composites Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Automotive Carbon Fiber Composites Demand Share Forecast, 2019-2026
7. North America Automotive Carbon Fiber Composites Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Automotive Carbon Fiber Composites Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Automotive Carbon Fiber Composites Market Size and Volume Forecast by Applications
     7.4.1. Power Train Components
     7.4.2. Exterior
     7.4.3. Structural Assembly
     7.4.4. Interior
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Automotive Carbon Fiber Composites Demand Share Forecast, 2019-2026
8. Latin America Automotive Carbon Fiber Composites Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Automotive Carbon Fiber Composites Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Automotive Carbon Fiber Composites Market Size and Volume Forecast by Applications
     8.4.1. Power Train Components
     8.4.2. Exterior
     8.4.3. Structural Assembly
     8.4.4. Interior
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Automotive Carbon Fiber Composites Demand Share Forecast, 2019-2026
9. Europe Automotive Carbon Fiber Composites Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Automotive Carbon Fiber Composites Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Automotive Carbon Fiber Composites Market Size and Volume Forecast by Applications
     9.4.1. Power Train Components
     9.4.2. Exterior
     9.4.3. Structural Assembly
     9.4.4. Interior
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Automotive Carbon Fiber Composites Demand Share Forecast, 2019-2026
10. Asia Pacific Automotive Carbon Fiber Composites Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Automotive Carbon Fiber Composites Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Automotive Carbon Fiber Composites Market Size and Volume Forecast by Applications
     10.4.1. Power Train Components
     10.4.2. Exterior
     10.4.3. Structural Assembly
     10.4.4. Interior
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Automotive Carbon Fiber Composites Demand Share Forecast, 2019-2026
11. Middle East & Africa Automotive Carbon Fiber Composites Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Automotive Carbon Fiber Composites Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Automotive Carbon Fiber Composites Market Size and Volume Forecast by Applications
     11.4.1. Power Train Components
     11.4.2. Exterior
     11.4.3. Structural Assembly
     11.4.4. Interior
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Automotive Carbon Fiber Composites Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Automotive Carbon Fiber Composites Market: Market Share Analysis
  12.2. Automotive Carbon Fiber Composites Distributors and Customers
  12.3. Automotive Carbon Fiber Composites Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Hexcel Corp.
     12.4.2. SGL Carbon SE
     12.4.3. Toray Industries Inc.
     12.4.4. Mitsubishi Chemical Carbon Fiber and Composites Inc.
     12.4.5. Teijin Ltd.
     12.4.6. Delphi Technologies
     12.4.7. 3B Fiberglass

Methodology

Our Clients

General Electric
Microsoft
Nestle SA
The John Holland Group
Dassault Aviation
Deloitte
General Mills
Pfizer