Report summary

The future of automotive thermoplastic resin composites market looks good with opportunities in various applications such as powertrain system, electrical and electronics, chassis system, interior, exterior, under body system, and others. Thermoplastic resin in the global automotive composites market is expected to reach an estimated $4.7 billion by 2022 and it is forecast to grow at a CAGR of 5.1% from 2017 to 2022.

The major growth drivers for this market are increasing automotive production and growing demand for lightweight and durable materials due to stringent government regulations to increase fuel efficiency and reduce greenhouse gas emissions. The other major drivers of thermoplastic resin for automotive are higher impact strength, better surface finish to the composite materials, and higher production rates than thermoset resin.

Emerging trends, which have a direct impact on the dynamics of the automotive thermoplastic resin composites industry, include increasing inter-material competition and increasing focus on continuous fiber reinforced thermoplastic composites.

A total of 198 figures / charts and 40 tables are provided in this 258-page report to help in your business decisions.

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Growth Opportunities in the Global Automotive Thermoplastic Resin Composites Market

258 pages, print format

Publication date: March 2017

Publisher: Lucintel

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