Automotive Carbon Fiber Components Market | Leading Segments, Trends, Drivers and Challenges
Market Recovery and Growth Projections 2021-2025
Accelerating at a CAGR of over 5.36%, the Global Automotive carbon fiber components market is expected to grow by 2088.81 MT during the forecast period. Our research report offers growth projections of all the market segments, along with an in-depth analysis of all the factors that are likely to boost growth. This research also delves deep into issues that are likely to challenge market growth. This detailed analysis of the market will facilitate clients in planning a business strategy for the growth of their business in the post-pandemic era.
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Automotive Carbon Fiber Components Market: Market Segments and Growth Forecasts
This research report will provide insights into the current market share of each segment along with growth projections for the next five years.
- Market is segmented by Application (powertrain, exterior, and interior) and Geography (APAC, Europe, North America, South America, and MEA).
- 57% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Automotive Carbon Fiber Components Market size.
Automotive Carbon Fiber Components Market: Trends, Drivers, Challenges
The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.
- Growing use of carbon fiber materials in automotive industry will be a significant factor in driving the growth of the Automotive Carbon Fiber Components Market.
- Rising competition among super sports car manufacturers will be instrumental in driving the market growth during the forecast period.
- High price of carbon fibers and expensive R&D is a hurdle that needs to be crossed on the path to success.
Automotive Carbon Fiber Components Market: Vendor Analysis
- The market is fragmented.
- Altair Engineering Inc., DuPont de Nemours Inc., Hexcel Corp., Mitsubishi Chemical Corp., Plasan Carbon Composites Inc., SGL Carbon SE, Solvay SA, Teijin Ltd., Toray Industries Inc., and Voith GmbH & Co. KGaA are some of the major market participants.
- The unprecedented outbreak of COVID-19 in 2020 has had a significant impact on market segments had a ripple effect on various stakeholders. Our vendor analysis and insights will provide you with all the information required to make the most of the opportunities and plan business recovery and growth post the pandemic.
Key Areas Covered in our Report:
- Automotive Carbon Fiber Components Market Split by Application
- powertrain
- exterior
- interior
- Automotive Carbon Fiber Components Market Split by Geography
- APAC
- Europe
- North America
- South America
- MEA
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Altair Engineering Inc.
- DuPont de Nemours Inc.
- Hexcel Corp.
- Mitsubishi Chemical Corp.
- Plasan Carbon Composites Inc.
- SGL Carbon SE
- Solvay SA
- Teijin Ltd.
- Toray Industries Inc.
- Voith GmbH & Co. KGaA
For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.
The report provides insights into the following FAQs:
- What is the market CAGR?
The market will accelerate at a CAGR of over 5.36%.
- What is the incremental growth of the market?
The market is expected to grow by 2088.81 MT through 2021-2025.
- What is a key factor driving this market?
Growing use of carbon fiber materials in automotive industry will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.
- Which is the leading geographic region for this market:
57% growth will originate from APAC
- Who are the leading market vendors?
The leading vendors in this market are Altair Engineering Inc., DuPont de Nemours Inc., Hexcel Corp., Mitsubishi Chemical Corp., Plasan Carbon Composites Inc., SGL Carbon SE, Solvay SA, Teijin Ltd., Toray Industries Inc., and Voith GmbH & Co. KGaA
- What are the market segments covered in this report?
The market is segmented by Application (powertrain, exterior, and interior) and Geography (APAC, Europe, North America, South America, and MEA)
Automotive Carbon Fiber Components Market: Key Geographic that will Drive Growth
Regional Growth Analysis and Market Trends 2021-2025
The automotive carbon fiber components market is set to grow by 2088.81 MT, accelerating at a CAGR of almost 5% during the forecast period. This research report analyses the growth trajectory of the market with a purview to prevalent market scenario, trends, and drivers. It also provides competitive bench-marking of the key market players and their product portfolios.
For a glimpse into our research analysis and insights: Request for our Free Sample Report
Automotive Carbon Fiber Components Market: APAC to lead market growth during the forecast period
- 57% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Automotive Carbon Fiber Components Market size.
- Rise in Growing use of carbon fiber materials in automotive industry will be a significant factor in driving the growth of the automotive carbon fiber components market. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will thus enable clients to assess their play in the market and plan for growth opportunities.
- Market is segmented by Application (Powertrain, Exterior, and Interior) and Geography (APAC, Europe, North America, South America, and MEA).
Automotive Carbon Fiber Components Market: Key Competitors
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Altair Engineering Inc., DuPont de Nemours Inc., Hexcel Corp., Mitsubishi Chemical Corp., Plasan Carbon Composites Inc., SGL Carbon SE, Solvay SA, Teijin Ltd., Toray Industries Inc., and Voith GmbH & Co. KGaA are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
For more insights on this market: Download a Free Sample Report
The report provides insights into the following FAQs:
- What is the market CAGR?
The market is accelerate at a CAGR of over 5%.
- What is the incremental growth of the market?
The market is expected to grow by 2088.81 MT through 2021-2025.
- What is a key factor driving this market?
Growing use of carbon fiber materials in automotive industry will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.
- Which is the leading geographic region for this market:
57% growth will originate from APAC
- Who are the leading market vendors?
The leading vendors in this market are Altair Engineering Inc., DuPont de Nemours Inc., Hexcel Corp., Mitsubishi Chemical Corp., Plasan Carbon Composites Inc., SGL Carbon SE, Solvay SA, Teijin Ltd., Toray Industries Inc., and Voith GmbH & Co. KGaA
- What are the market segments covered in this report?
The market is segmented by Application (Powertrain, Exterior, and Interior) and Geography (APAC, Europe, North America, South America, and MEA).
