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(Transportation-News.com, September 12, 2017 ) According to Publisher, the Global Automotive Composites market is accounted for $3.40 billion in 2015 and is expected to reach $7.13 billion by 2022 growing at a CAGR of 11.1% from 2015 to 2022. The Automotive Composites market has been witessing exponential growth, mainly due to the need for higher fuel-efficient and less polluting automobiles. This factor has driven automakers towards the research of lightweight materials which are lighter than steel and have good tensile strength. With the increase in production of electric cars, as a replacement of Co2 emitting vehicles, the growth in Automotive Composites market will be vast. The huge process cycle time, high cost of composite and unrecyclable factors are hampering the market.
Carbon fibre composite segment is expected to witness highest growth rate due to its huge demand for chassis & power train component applications. While exterior component segment dominated the global automotive composite application market. Asia-Pacific registered the world's largest market for automotive composite. Increasing domestic production of vehicles is driving the automotive composites market.
For more information @ http://www.reportsweb.com/automotive-composites-global-market-outlook-2015-2022
Some of the major players in the global Automotive Composites market include Volkswagen Group, Ford Motor Company , General Motor Company, Nippon Sheet Glass Co. Ltd., Owens Corniing, Tencate, Jushi Group Co. Ltd, Johns Manville, Cytec Industries , Sgl Group - The Carbon Company, Toray Industries and Teijin Limited
Manufacturing Process Covered:
- Injection and Continuous
- Manual
- Compression
- Other Manufacturing Process
Composites
Types Covered:
- Metal Matrix Composite
- Polymer Matrix Composite
- Natural Fiber Reinforced Polymer Composite
- Carbon Fiber Reinforced Polymer Composite
- Glass Fiber Reinforced Polymer Composite
- Ceramic Matrix Composite
Request Sample Copy http://www.reportsweb.com/inquiry&RW0001216416/sample
Applications Covered:
- Interior
- Chassis & Powertrain
- Exterior
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- UK
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- Rest of Asia Pacific
- Rest of the World
- Middle East
- Brazil
- Argentina
- South Africa
- Egypt
10 Company Profiling
10.1 Volkswagen Group
10.2 Ford Motor Company
10.3 General Motor Company
10.4 Nippon Sheet Glass Co. Ltd.
10.5 Owens Corniing
10.6 Tencate
10.7 Jushi Group Co. Ltd
10.8 Johns Manville
10.9 Cytec Industries
10.10 Sgl Group - The Carbon Company
10.11 Toray Industries
10.12 Teijin Limited
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Make an enquiry: http://www.reportsweb.com/inquiry&RW0001216416/buying
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Rajat Sahni
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
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