123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Lucintel Forecasts European Automotive Composites Market To Reach $5.7 Billion By 2028

Profile Picture
By Author: Lucintel LLC
Total Articles: 3362
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

According to the recent study the European automotive composites market is projected to reach an estimated $5.7 billion by 2028 from $4.1 billion in 2022, at a CAGR of 5.6% from 2022 to 2028. Growth in this market is primarily driven by increasing automotive production and growing demand for lightweight materials to achieve higher fuel efficiency and reduce greenhouse gas emissions.
Browse 86 figures/charts and 28 tables in this 146-page report to understand trends, opportunities and forecast in 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).
Download sample report and view detailed Table of Content by clicking on below link: https://www.lucintel.com/european-automotive-composites-market.aspx
...
... “Short fiber thermoplastic (SFT) market is expected to remain the largest segment during the forecast period.”
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. Lucintel forecasts that the short fiber thermoplastic (SFT) market is expected to remain the largest segment due to ease of processing and better capability of making parts in complex geometry.
“Within the European automotive composites market, the power train system/engine components segment is expected to remain the largest resin type.”
Lucintel forecasts that power train system/engine components will remain the largest market by value and by volume over the forecast period due to increasing demand of composites in air intake manifold, engine cover/cam cover, radiator end cap, drive shaft, and suspension applications. Underbody Systems is expected to witness the highest growth over the forecast period.
Download Brochure of this report by clicking on https://www.lucintel.com/european-automotive-composites-market.aspx.
Major players of European automotive composites market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Magna International Corporation, Menzolit, Lorenz Kunststofftechnik GmbH, Ranger Italiana, Continental Structural Plastics, Lanxess, Hanwha, BASF, DSM, Quadrant Plastic Compositesand others are among the major European automotive composites providers.
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 https://www.lucintel.com/european-automotive-composites-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Roy Almaguer
Director of Client Engagements
Lucintel
Dallas, Texas, USA
Cell: 210-878-7693
roy.almaguer@lucintel.com

Related Reports
Composite Tube Market:
For more details click here https://www.lucintel.com/composite-tube-market.aspx

FRP Pole Market:
For more details click here https://www.lucintel.com/frp-pole-market.aspx

FRP Panel Market:
For more details click here https://www.lucintel.com/frp-panel-market.aspx

Composites in the Passenger Rail Market:
For more details click here https://www.lucintel.com/passenger-rail-composites-market.aspx

Growth Opportunities for Composites in the Global Mass Transportation and Off Road Equipment Market:
For more details click here https://www.lucintel.com/composites-in-mass-transportation-and-off-road.aspx

North American FRP Pipe Market:
For more details click here https://www.lucintel.com/north-american-frp-pipe-market.aspx

FRP Tank in the Water and Wastewater Market:
For more details click here https://www.lucintel.com/frp-tank-in-the-water-and-wastewater-market.aspx

Pultrusion Market:
For more details click here https://www.lucintel.com/pultrusion-market.aspx

Growth Opportunities in the Global Composite Cylinder Market:
For more details click here https://www.lucintel.com/growth-opportunities-in-the-global-composite-cylinder.aspx

Growth Opportunities in the Global CNG Tank Market:
For more details click here https://www.lucintel.com/cng-tank-market.aspx

Total Views: 18Word Count: 586See All articles From Author

Add Comment

Business Articles

1. In Your Neighborhood: The Rise Of Local Travel Nursing Opportunities
Author: Shourya Mehta

2. Xpertva - Your Trusted Virtual Assistant Service For E-commerce And Digital Marketing
Author: XpertVA- Jacob and Co

3. The Ultimate Guide To Help You Unregistered Investment Products Scams
Author: Paris John

4. Empowerment In Your Pocket: The Keychain Stun Gun For Women's Self-defense
Author: auxu

5. Future Of Energy Engineering By Experts At Mec
Author: MEC

6. Crafting Connections: Your Journey With An Influencer Marketing Agency
Author: Talent Resources

7. White Flower Developers: Presenting Exquisite 2 & 3 Bhk Flats In Patel Nagar, West Delhi
Author: White Flower Developers

8. How Important Is Brand Reputation When Choosing A Home Stereo System
Author: adlerconway

9. Env200 Ultrasonic Sludge Density Meter Manufacturer | Wess Global
Author: WESS Global

10. Mooc Market Size, Opportunities, Company Profile, Developments And Outlook
Author: Apurva

11. Anti-inflammatory Enzymes And Enzyme Feed Additives | Pearlzyme Inc
Author: Pearlzyme Inc

12. Lodge Tax Return Online - Govreports
Author: amelia

13. The Ultimate Charm Enhancer: Buy Cats Eye Gem Stone Online And Witness The Magic!
Author: eloragems

14. Top 5 Applications Of Ai In The Insurance Sector
Author: FBSPl

15. How To Deal With Quickbooks Error 15240?
Author: Andrew Walker

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: