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.

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.
Automotive Carbon Fiber Composites Market Trends, Drivers, Restraints, and Opportunities
- 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
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Details
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Report Title
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Automotive Carbon Fiber Composites Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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Applications (Power Train Components, Exterior, Structural Assembly, and Interior), Production Types (Compression Molding, Injection Molding, Hand Layup, Vacuum Infusion Processing, and Resin Transfer Molding)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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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.
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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.

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.

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