European Automotive Composites Market Is Expected To Reach $4.7 Billion By 2025- An Exclusive Market Research Report By Lucintel

By Author: Lucintel LLC
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Lucintel's latest market report analyzed that European automotive composites provides attractive opportunities in the power train, exterior, interior, electrical and electronics, and under body system. The European automotive composites market is expected to reach $4.7 billion by 2025 with a CAGR of 1.7%. In this market, short fiber thermoplastic (SFT) is the largest segment by material type, whereas PA based composites is largest by resin type. 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 provides strategic growth path in this market.
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Based on material type, the European automotive composites market is segmented into SMC, BMC, GMT, SFT, LFT, CFT, Phenolic, PU, Natural Fiber, Carbon thermoset composites. The short fiber thermoplastic (SFT) segment accounted for the largest share of the market in 2020 due to ease of processing and better capability of making parts in complex ...
... geometry.
Browse in-depth TOC on “European Automotive Composites Market”
31 – Tables
92 – Figures
137 – Pages
The European automotive composites market is marked by the presence of several big and small players. Some of the prominent players offering European automotive composites include Plastic omnium, Polytec, BASF, DSM, Polynt, Lanxess and others.
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This unique research report will 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 helpdesk@lucintel.com.
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.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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