Scaling-up carbon fibres to move the needle for automotive
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Growth Opportunities for Carbon Fiber in the Global Automotive Composites Market
The future of global automotive composites carbon fibre market looks promising with opportunities in various applications.
18th September 2017
Innovation in Textiles
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Report summary
The future of the global automotive composites carbon fibre market looks promising with opportunities in various applications, including exterior, power train system, under body system, chassis system, pressure vessel, interior, and others.
Carbon fibre in the global automotive composites market is forecast to grow at a CAGR of 10.4% from 2016 to 2021. The major growth drivers for this market are increasing automotive production and growing demand for lightweight materials due to stringent government regulations to increase fuel efficiency and reduce greenhouse gas emissions. Other major growth drivers include the growing demand for carbon fibre-reinforced plastics (CFRP) in luxury cars, race cars and other high-performance cars.
Emerging trends, which have a direct impact on the dynamics of the automotive composites carbon fibre industry, include development of transformative technologies and material systems to make carbon fibre parts for mass-volume vehicles.
A total of 130 figures/charts and 36 tables are provided in this 190-page report to help in your business decisions.
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Growth Opportunities for Carbon Fiber in the Global Automotive Composites Market
190 pages, print format
Publication date: March 2017
Publisher: Lucintel
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