Automotive Composites Market

Automotive Composites Market by Production Types (Hand Layup, Resin Transfer Molding, Vacuum Infusion Molding, Injection Molding, and Compression Molding), Material Types (Thermoset Polymer, Thermoplastic Polymer, Carbon Fiber, Glass Fiber, and Others), and Applications (Structural Assembly, Power Train Components, Interior, Exterior, and Others) - Japan Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: AL-3661
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 154
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The Japan automotive composites market size is anticipated to register a considerable CAGR during the forecast period, 2021−2028. The growth of the market is attributed to increasing demand of composite material in the Japan automotive sector.

Automotive Composites Market key takeaways

A composite material is the material which is made from the two or more integral materials. In the automotive sector the composite materials are used because they have various properties such as light in weight, strong, less expensive, and more durable compare to the common materials. Composite materials are used in various parts of the automotive such body and other parts.

The Covid-19 pandemic affected the demand and supply of Japan automotive composite market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced composite materials manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing demand of fuel efficient and light weight vehicles is estimated to drive the Japan automotive composite market.
  • The reinforce glass and thermoplastic composite materials have drawn the attention of carmakers because of the lighter, better, and tensile components which is projected to drive the market during forecast period.
  • Rising demand of ecofriendly and lightweight electrical vehicles all over the world is expected to drive the Japan automotive composite market.
  • High cost of the composite material is expected to hinder the market growth.
  • Low recyclability of composite material is hampering the Japan automotive composite market.
  • Various giant industries such as BMW and Nissan are trying to replace their existing parts with composites materials. This is fueling the market during the forecast period.

Scope of the Report

The report on the Japan automotive composite 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

Automobile Composite Market - Japan Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Production Types (Hand Layup, Resin Transfer Molding, Vacuum Infusion Molding, Injection Molding, and Compression Molding), Material Types (Thermoset Polymer, Thermoplastic Polymer, Carbon Fiber, Glass Fiber, and Others), Applications (Structural Assembly, Power Train Components, Interior, Exterior, and Others)

Regional Scope

Japan

Report Coverage

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

Key Players Covered in the Report

Cytec Industries, Inc.; Nippon Sheet Glass Co. Ltd; 3B-Fiberglass; SGL Carbon; Toray Industries, Inc.

 

Market Segment Insights

The injection molding segment is expected to grow at a rapid pace

Based on the production types, the Japan automotive composite market is divided into hand layup, resin transfer molding, vacuum infusion molding, injection molding, and compression molding. The injection molding segment is expected to grow at a rapid pace during the forecast period owing to easy and flexible process for making automotive parts from the composite materials. In this process small granules of different composite materials are heated and injected into the mold cavity.

Automotive Composites Market by production types

The thermoset polymer segment is estimate to gain a large revenue share

On the basis of material types, the market is segmented into thermoset polymer, thermoplastic polymer, carbon fiber, glass fiber, and others. The thermoset polymer segment is estimate to gain a large revenue share during the forecast period owing to manufacturers of the racing cars and luxury sports cars use the thermoset polymer for making the parts. These composite parts are light in weight and increases the fuel efficiency of the cars. However, the glass fiber segment is anticipated to account for a major market share during the forecast period owing to its properties such as resistance to heat, light weight, flexibility, durability, and high strength. On the other hand, the thermoplastic polymers segment is projected to expand at a considerable CAGR during the forecast period because the 70% parts of automotive are made from thermoplastic polymers that contain the propylene. The thermoplastic polymers are used in an underbody coating, dashboards, door panel seating and arm rests.

The exterior segment is anticipated to register significant market share

Based on applications, the Japan automotive composite market is divided into structural assembly, power train components, interior, exterior, and others. The exterior segment is anticipated to register significant market share during the forecast period because of the major components of the car body has been made from the composite materials such as bumper beam, door panels, front end module, and hood.

Automotive Composites Market by aplications

Segments

Segments Covered in the Report
The Japan automotive composites market has been segmented on the basis of

Production types

  • Hand Layup
  • Resin Transfer Molding
  • Vacuum Infusion Molding
  • Injection Molding
  • Compression Molding
Material types
  • Thermoset Polymer
  • Thermoplastic Polymer
  • Carbon Fiber
  • Glass Fiber
  • Others
Applications
  • Structural Assembly
  • Power Train Components
  • Interior
  • Exterior
  • Others
Key players
  • Cytec Industries, Inc.
  • Nippon Sheet Glass Co. Ltd
  • 3B-Fiberglass
  • SGL Carbon
  • Toray Industries, Inc.

Competitive Landscape

Some of the key market players competing in the Japan automotive composite market are Cytec Industries, Inc.; Nippon Sheet Glass Co. Ltd; 3B-Fiberglass; SGL Carbon; Toray Industries, Inc.

These key players are constantly implementing several marketing strategies such as merger & acquisitions, capital investments, partnerships, and new product development to sustain industry position in the market.

Automotive Composites Market by key players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive 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 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 Composites Market - Supply Chain
  4.5. Global Automotive Composites Market Forecast
     4.5.1. Automotive Composites Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Automotive Composites Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Automotive Composites Market Absolute $ Opportunity
5. Global Automotive 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 Composites Market Size and Volume Forecast by Applications
     5.3.1. Structural Assembly
     5.3.2. Power Train Components
     5.3.3. Interior
     5.3.4. Exterior
     5.3.5. Others
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Automotive 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 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 Composites Demand Share Forecast, 2019-2026
7. North America Automotive 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 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 Composites Market Size and Volume Forecast by Applications
     7.4.1. Structural Assembly
     7.4.2. Power Train Components
     7.4.3. Interior
     7.4.4. Exterior
     7.4.5. Others
  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 Composites Demand Share Forecast, 2019-2026
8. Latin America Automotive 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 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 Composites Market Size and Volume Forecast by Applications
     8.4.1. Structural Assembly
     8.4.2. Power Train Components
     8.4.3. Interior
     8.4.4. Exterior
     8.4.5. Others
  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 Composites Demand Share Forecast, 2019-2026
9. Europe Automotive 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 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 Composites Market Size and Volume Forecast by Applications
     9.4.1. Structural Assembly
     9.4.2. Power Train Components
     9.4.3. Interior
     9.4.4. Exterior
     9.4.5. Others
  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 Composites Demand Share Forecast, 2019-2026
10. Asia Pacific Automotive 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 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 Composites Market Size and Volume Forecast by Applications
     10.4.1. Structural Assembly
     10.4.2. Power Train Components
     10.4.3. Interior
     10.4.4. Exterior
     10.4.5. Others
  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 Composites Demand Share Forecast, 2019-2026
11. Middle East & Africa Automotive 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 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 Composites Market Size and Volume Forecast by Applications
     11.4.1. Structural Assembly
     11.4.2. Power Train Components
     11.4.3. Interior
     11.4.4. Exterior
     11.4.5. Others
  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 Composites Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Automotive Composites Market: Market Share Analysis
  12.2. Automotive Composites Distributors and Customers
  12.3. Automotive Composites Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Cytec Industries, Inc.
     12.4.2. Nippon Sheet Glass Co. Ltd
     12.4.3. 3B-Fiberglass
     12.4.4. SGL Carbon
     12.4.5. Toray Industries, Inc.

Segments Covered in the Report
The Japan automotive composites market has been segmented on the basis of

Production types

  • Hand Layup
  • Resin Transfer Molding
  • Vacuum Infusion Molding
  • Injection Molding
  • Compression Molding
Material types
  • Thermoset Polymer
  • Thermoplastic Polymer
  • Carbon Fiber
  • Glass Fiber
  • Others
Applications
  • Structural Assembly
  • Power Train Components
  • Interior
  • Exterior
  • Others
Key players
  • Cytec Industries, Inc.
  • Nippon Sheet Glass Co. Ltd
  • 3B-Fiberglass
  • SGL Carbon
  • Toray Industries, Inc.

Some of the key market players competing in the Japan automotive composite market are Cytec Industries, Inc.; Nippon Sheet Glass Co. Ltd; 3B-Fiberglass; SGL Carbon; Toray Industries, Inc.

These key players are constantly implementing several marketing strategies such as merger & acquisitions, capital investments, partnerships, and new product development to sustain industry position in the market.

Automotive Composites Market by key players

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