According to latest market report published by Persistence Market Research “Global Market Study on Automotive Composites: Polymer Matrix Composites to be the Largest Segment by 2022”, the global automotive composites market was valued at US$ 3,062.7 Mn in 2014, which is expected to increase to US$ 7,019.7 Mn by 2022 at a CAGR of 8.8%.
Increasing urban population due to rising industrialization, particularly in developing countries such as India and China, is encouraging the ... Read more
According to latest market report published by Persistence Market Research “Global Market Study on Automotive Composites: Polymer Matrix Composites to be the Largest Segment by 2022”, the global automotive composites market was valued at US$ 3,062.7 Mn in 2014, which is expected to increase to US$ 7,019.7 Mn by 2022 at a CAGR of 8.8%.
Increasing urban population due to rising industrialization, particularly in developing countries such as India and China, is encouraging the ... Read more
According to latest market report published by Persistence Market Research “Global Market Study on Automotive Composites: Polymer Matrix Composites to be the Largest Segment by 2022”, the global automotive composites market was valued at US$ 3,062.7 Mn in 2014, which is expected to increase to US$ 7,019.7 Mn by 2022 at a CAGR of 8.8%.
Increasing urban population due to rising industrialization, particularly in developing countries such as India and China, is encouraging the ... Read more
According to latest market report published by Persistence Market Research “Global Market Study on Automotive Composites: Polymer Matrix Composites to be the Largest Segment by 2022”, the global automotive composites market was valued at US$ 3,062.7 Mn in 2014, which is expected to increase to US$ 7,019.7 Mn by 2022 at a CAGR of 8.8%.
Increasing urban population due to rising industrialization, particularly in developing countries such as India and China, is encouraging the ... Read more
The global automotive industry, which comprises passenger cars, buses, trucks, and heavy-duty vehicles, is projected to expand at a CAGR of 3.5% during the forecast period. Automotive production has increased by 15% since 2010. The passenger cars segment is anticipated to drive the global automotive industry. However, growth in environmental concerns such as pollution is estimated to hamper the market during the forecast period. OEMs face the challenge of providing high number of options to ... Read more
According to latest market report published by Persistence Market Research “Global Market Study on Automotive Composites: Polymer Matrix Composites to be the Largest Segment by 2022”, the global automotive composites market was valued at US$ 3,062.7 Mn in 2014, which is expected to increase to US$ 7,019.7 Mn by 2022 at a CAGR of 8.8%.
Increasing urban population due to rising ... Read more
An up to date business intelligence report compiled at Persistence Market Research (PMR) notifies that the shares in the global automotive composites market are moderately consolidated among a handful of players who have the technological expertise to cater to diverse demands.
In the automotive industry, the current trend is to develop vehicles that are fuel efficient, and a number of players are transforming their business to meet these changing requirements. For instance ... Read more
Composites have been used popularly in a range of internal and external automotive components to provide distinct structural and weight advantages. A number of original equipment manufacturers (OEMs) and auto makers’ world over are increasingly using engineering composites, with the primary objective to reduce vehicle weight and cut down on carbon emission.
Composites have been used popularly in a range of internal and external automotive components to provide distinct structural and weight advantages. A number of original equipment manufacturers (OEMs) and auto makers’ world over are increasingly using engineering composites, with the primary objective to reduce vehicle weight and cut down on carbon emission. Startups and big automobile manufacturers are actively considering to incorporate carbon fiber composites in trucks and electric ... Read more
Composites have been used popularly in a range of internal and external automotive components to provide distinct structural and weight advantages. A number of original equipment manufacturers (OEMs) and auto makers’ world over are increasingly using engineering composites, with the primary objective to reduce vehicle weight and cut down on carbon emission. Startups and big automobile manufacturers are actively considering to incorporate carbon fiber composites in trucks and electric ... Read more
Composites have been used popularly in a range of internal and external automotive components to provide distinct structural and weight advantages. A number of original equipment manufacturers (OEMs) and auto makers’ world over are increasingly using engineering composites, with the primary objective to reduce vehicle weight and cut down on carbon emission. Startups and big automobile manufacturers are actively considering to incorporate carbon fiber composites in trucks and electric ... Read more
Automotive composites market 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. Organic growth in the automobile production; strict government regulations regarding carbon emission reductions ... Read more
