North America Market Insights on Automotive Composite Materials, 2018-2024: Emphasis on Material Type (Polymer Matrix Composites, Metal Matrix Composites, Ceramic Matrix Composites and Hybrid Composites), Manufacturing Process (Hand Lay up, Compression Molding, Injection Molding, Resin Transfer Molding)
- UNI3007710
- 137 Pages
- September 2018
- Automotive and Transportation
Insights Presented in the Report:
North America automotive composites material market is segmented based on different materials such as Polymer Matrix Composite (PMC), Metal Matrix Composite (MMC), Ceramic Matrix Composite (CMC) and Hybrid Composite. Currently, PMCs are the most popular composite type among the automakers as they have high flexibility, high insulation, lower density and lighter weight than other composite materials type. In addition, to get a deep dive analysis of PMCs, the polymer type is further segmented by matrices, namely thermosets and thermoplastics. However, low cost and exceptionally good structural and mechanical properties of hybrid composites are making them a popular alternative to the single fiber composites. Hence hybrid composites are anticipated to be the fastest growing segment during the forecast period.
The market is further fragmented across different manufacturing processes. This includes hand lay-up, compression molding, injection molding, and resin transfer molding (RTM). Injection molding process dominated the market in 2017 and is expected to continue its dominance over the forecast period. On the other hand, RTM will be the fastest growing manufacturing process because of its growing adoption in auto industry.
Based on several application areas in automobiles, North America automotive composite materials market is segmented into interior, exterior, chassis, powertrain & under the hood and Structural. Among different application areas, exterior application held the highest market share and was valued at $470.6 million in 2017. However, stringent regulations on vehicle interior air quality are expected to fuel the demand of composite demand for vehicle interiors.
North America automotive composite materials market is further segmented on the basis of different vehicle types. This includes performance cars, passenger cars and other (commercial vehicles and others). As the passenger car segment is the biggest car segment in terms of vehicle number, this segment held the highest market share. In addition to it, the highest market value of passenger cars among the vehicle segments is attributed to the growing adoption of composites in the light vehicles.
For better understanding of the market penetration of automotive composite materials in the region, the market is further categorized across different countries, which includes the U.S., Canada, Mexico and rest of North America. Due to high stringent emission standards and presence of a number of local composite material suppliers, the U.S dominated North America automotive composite market in 2017 and will continue to dominate over the forecast period
Top Companies in the Composites Market
The major companies that are profiled in the study are BASF SE, DowDupont Inc., Gurit Holding AG, Magna International Inc., Mitsubishi Chemical Holdings Corporation, Owens Corning, SGL Group, Solvay SA, Teijin Limited and Toray Industries Inc. These industry players are entering into partnerships with auto OEMs to deploy cost efficient composite materials on the vehicles. Some of the key players are also expanding their businesses by setting up new plants or increasing their expenditure on R&D to develop cheaper manufacturing methods.
Reasons to buy the Report:
The study includes market sizing and forecasting analysis validated by authenticated key industry experts
The report presents a quick review of overall industry performance at one glance
The report covers in depth analysis of prominent industry peers with primary focus on key business financials, product portfolio, expansion strategies and recent developments
Detailed examination on drivers, restraints, key trends and opportunities prevailing in the industry.
Examination of industry attractiveness with the help of Porter’s Five Forces analysis
The study comprehensively covers the market across different segments
Deep dive regional level analysis of the industry
Customization Options:
The North America Automotive Composite Market can be customized to country level or any other market segment. Besides this, UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients.
1.1 Market Definition
1.2 Objective of the Study
1.3 Limitation
1.4 Stakeholders
1.5 Currency used in the Report
2 RESEARCH METHODOLOGY OR ASSUMPTION
2.1 Secondary Data
2.1.1 Key Secondary Sources
2.2 Primary Data
2.2.1 Sampling Techniques & Data Collection Methods
2.2.2 Primary Participants
3 INDUSTRY PERFORMANCE
4 EXECUTIVE SUMMARY
5 MARKET OVERVIEW
5.1 Market Dynamics
5.1.1 Market Trends & Drivers
5.1.1.1 Stringent Government Regulations on GHG emission
5.1.1.2 Increasing Demand of Composites among Hybrid and Electric Vehicles
5.1.1.3 Superior Structural and Mechanical Properties
5.1.2 Market Restraints
5.1.2.1 High Cost of the Raw Materials
5.1.2.2 Lack of Innovation and Advancements in Emerging Countries
5.1.3 Opportunities
5.1.3.1 Growing Scope of Hybrid Composite Materials
5.1.3.2 Increase in partnerships Between OEMs and Composite Manufacturers
6 BENEFITS OF COMPOSITE MATERIALS
7 MARKET INSIGHTS BY MATERIAL TYPE
7.1 General Overview
7.2 Polymer Matrix Composite (PMC)
7.2.1 Thermoset Matrix
7.2.2 Thermoplastic Matrix
7.3 Metal Matrix Composite (MMC)
7.4 Ceramic Matrix Composite (CMC)
7.5 Hybrid Composites
8 MARKET INSIGHTS BY MANUFACTURING PROCESS
8.1 General Overview
8.2 Hand Lay up
8.3 Compression Molding
8.4 Injection Molding
8.5 Resin Transfer Molding
9 MARKET INSIGHTS BY APPLICATION
9.1 General Overview
9.2 Interior
9.3 Exterior
9.4 Chassis, Powertrain and Under the Hood
9.5 Structural
10 MARKET INSIGHTS BY VEHICLE TYPES
10.1 Overview
10.2 Performance Cars
10.3 Passenger Cars
10.4 Others (Light Commercial Vehicles, Buses, Trucks and Others)
11 MARKET INSIGHTS BY COUNTRY
11.1 General Overview
11.1.1 North America Automotive Composite Materials Market, by Material Type
11.1.2 North America Automotive Composite Market, by Manufacturing Process
11.1.3 North America Automotive Composite Materials market, by Application
11.1.4 North America Automotive Composite Materials Market, by Vehicle Type
11.1.5 North America Automotive Composite Materials Market, by Country
11.1.5.1 United States Automotive Composite Materials Market
11.1.5.1.1 United States Automotive Composite Market, by Material Type
11.1.5.1.2 United States Automotive Composite Market, by Manufacturing Process
11.1.5.1.3 United States Automotive Composite Market, by Application
11.1.5.1.4 United States Automotive Composite Market, by Vehicle Type
11.1.5.2 Canada Automotive Composite Materials Market
11.1.5.2.1 Canada Automotive Composite Market, by Material Type
11.1.5.2.2 Canada Automotive Composite Market, by Manufacturing Process
11.1.5.2.3 Canada Automotive Composite Market, by Application
11.1.5.2.4 Canada Automotive Composite Market, by Vehicle Type
11.1.5.3 Mexico Automotive Composite Materials Market
11.1.5.3.1 Mexico Automotive Composite Market, by Material Type
11.1.5.3.2 Mexico Automotive Composite Market, by Manufacturing Process
11.1.5.3.3 Mexico Automotive Composite Market, by Application
11.1.5.3.4 Mexico Automotive Composite Market, by Vehicle Type
11.1.5.4 Rest of NA Automotive Composite Materials Market
11.1.5.4.1 Rest of NA Automotive Composite Market, by Material Type
11.1.5.4.2 Rest of NA Automotive Composite Market, by Manufacturing Process
11.1.5.4.3 Rest of NA Automotive Composite Market, by Application
11.1.5.4.4 Rest of NA Automotive Composite Market, by Vehicle Type
12 COMPETITIVE SCENARIO
12.1 North America Automotive Composite Materials Market Share of Major Players, 2017
13 COMPANY PROFILES
13.1 BASF SE
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Key Product/Services Offerings
13.1.4 SWOT Analysis
13.1.5 Key Financials
13.1.5.1 Revenue Split, by Region
13.1.5.2 Revenue Split, by Business Segment
13.1.6 Recent Developments
13.2 DowDuPont Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Key Product/Services Offerings
13.2.4 SWOT Analysis
13.2.5 Key Financials
13.2.5.1 Revenue Split, by Region
13.2.5.2 Revenue Split, by Business Segment
13.2.6 Recent developments
13.3 Gurit Holding AG
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Key Product/Services Offerings
13.3.4 SWOT Analysis
13.3.5 Key Financials
13.3.5.1 Revenue Split, by Region
13.3.5.2 Revenue Split, by Business Segment
13.3.6 Recent developments
13.4 Magna International Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Key Product/Services Offerings
13.4.4 SWOT Analysis
13.4.5 Key Financials
13.4.5.1 Revenue Split, by Region
13.4.5.2 Revenue Split, by Business Segment
13.4.6 Recent developments
13.5 Mitsubishi Chemical Holdings Corporation
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Key Product/Services Offerings
13.5.4 SWOT Analysis
13.5.5 Key Financials
13.5.5.1 Revenue Split, by Region
13.5.5.2 Revenue Split, by Business Segment
13.5.6 Recent developments
13.6 Owens Corning
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Key Product/Services Offerings
13.6.4 SWOT Analysis
13.6.5 Key Financials
13.6.5.1 Revenue Split, by Region
13.6.5.2 Revenue Split, by Business Segment
13.6.6 Recent developments
13.7 SGL Group
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 SWOT Analysis
13.7.4 Key Financials
13.7.4.1 Revenue Split, by Region
13.7.4.2 Revenue Split, by Business Segment
13.7.4.3 Revenue of CFM, by Industry
13.7.4.4 Revenue of GMS, by Industry
13.7.5 Recent developments
13.8 Solvay SA
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Key Product/Services Offerings
13.8.4 SWOT Analysis
13.8.5 Key Financials
13.8.5.1 Revenue Split, by Region
13.8.5.2 Revenue Split, by Business Segment
13.8.1 Recent developments
13.9 Teijin Limited
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Key Product/Services Offerings
13.9.4 SWOT Analysis
13.9.5 Key Financials
13.9.5.1 Revenue Split, by Region
13.9.5.2 Revenue Split, by Business Segment
13.9.6 Recent developments
13.1 Toray Industries Inc.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Key Product/Services Offerings
13.10.4 SWOT Analysis
13.10.5 Key Financials
13.10.5.1 Revenue Split, by Region
13.10.5.2 Revenue Split, by Business Segment
13.10.6 Recent developments
TABLE 2 BASF SE Key Facts
TABLE 3 Products segmentation of BASF SE
TABLE 4 BASF SE Growth Strategy
TABLE 5 BASF SE financials, US$ Mn
TABLE 6 DowDuPont Inc. key facts
TABLE 7 Products segmentation of DowDuPont Inc.
TABLE 8 DowDuPont Inc. Growth Strategy
TABLE 9 DowDuPont Inc. Financials, US$ Mn
TABLE 10 Gurit Holding AG Key Facts
TABLE 11 Products segmentation of Gurit Holding AG
TABLE 12 Gurit Holding AG Growth Strategy
TABLE 13 Gurit Holding AG financials, US$ Mn
TABLE 14 Magna International Inc. Key Facts
TABLE 15 Products segmentation of Magna International Inc.
TABLE 16 Magna International Inc. Financials, US$ Mn
TABLE 17 Mitsubishi Chemical Holdings Corporation Key Facts
TABLE 18 Products segmentation of Mitsubishi Chemical Holdings Corporation
TABLE 19 Mitsubishi Chemical Holdings Corporation Financials, US$ Mn
TABLE 20 Owens Corning Key Facts
TABLE 21 Products segmentation of Owens Corning
TABLE 22 Owens Corning Growth Strategy
TABLE 23 Owens Corning Financials, US$ Mn
TABLE 24 SGL Group key facts
TABLE 25 Products segmentation of Cisco Systems
TABLE 26 SGL Group, Growth Strategy
TABLE 27 SGL Group financials, US$ Mn
TABLE 28 Solvay SA key facts
TABLE 29 Products segmentation of Solvay SA
TABLE 30 Solvay SA Growth Strategy
TABLE 31 Solvay SA financials, US$ Mn
TABLE 32 Teijin Limited name key facts
TABLE 33 Products segmentation of Teijin Limited
TABLE 34 Teijin Limited Growth Strategy
TABLE 35 Teijin Limited name financials, US$ Mn
TABLE 36 Toray Industries Inc. name key facts
TABLE 37 Products segmentation of Toray Industries Inc.
TABLE 38 Toray Industries Inc. Growth Strategy
TABLE 39 Toray Industries Inc. name financials, US$ Mn
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