An exciting new study from the team of Lucintel found that European automotive composites market is expected to reach $4.7billion by 2025 with a CAGR of 1.7%. There are significant money making opportunities available in thismarket and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The European automotive composites market is segmented based on end use industry, process type, resin type, and region. In this market, short fiber thermoplastic (SFT) is the largest segment by material type, whereas PA based composites is largest by resin type. Players can benefit from the available opportunities likeincreasing penetration of carbon composites in sports, luxury and electric vehicles.
The increasing penetration of carbon fiber based SMC, development of low density SMC, and formation of strategic alliances between OEMs and carbon fiber and resin suppliers are emerging trends having impact on dynamics of the industry.
Plastic omnium, Polytec, BASF, DSM, Polynt, Lanxess and othersare some of the major players profiled in this 137 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the European automotive composites market by material type (SMC, BMC, GMT, SFT, LFT, CFT, Phenolic, PU, Natural Fiber, Carbon thermoset composites), by resin type(PP, PBT, Vinyl Ester, PA, Epoxy, Polyester, Phenolic and others), by fiber type (glass fiber, carbon fiber and natural fiber composites),by resin group (Thermoplastic and Thermoset Composites), and by application (interior, exterior, power train system, under body system, electrical and electronics and others)?
Q.2 Which segments will grow at a faster pace and why?
Q.3What are the business risks and threats to the European automotive composites market?
Q.4What are some changing demands of customers in the European automotive composites market?
Q.5What are the new developments in the European automotive composites market? Which companies are leading these developments?
Q.6What strategic initiatives are being implemented by key players for business growth?
Q.7What are some of the competitive products and processes in this European automotive composites area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this European automotive composites market?
This unique report from Lucintelwill enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.