According to a market report by Lucintel, the future of the global European automotive composites market looks promising with opportunities in the power train systems/engine component, exterior, interior, electrical and electronics, and under body system applications. The global European automotive composites market is expected to reach an estimated $3 billion by 2030 at a CAGR of 3% from 2023 to 2030. The major drivers for this market are increasing automotive production and growing demand for lightweight materials to achieve higher fuel efficiency and reduce greenhouse gas emissions.
Browse 107 figures/charts
and 68 tables in this 205-page report to understand trends, opportunity and forecast in European automotive
composites market to 2030 by material type (SMC, BMC, GMT, SFT, LFT, and CFT),
resin type (PP composites, PBT composites, vinyl ester composites, PA
composites, epoxy composites, polyester composites, phenolic composites, and
others), fiber type (glass composites, carbon composites, and natural fiber
composites), resin group (thermoplastic composites and thermoset composites),
application (exterior, interior, power train system/electrical components,
underbody system, electrical and electronics, and others), and country
(Germany, Spain, France, UK, and Italy).
Lucintel forecasts that CFT will remain the largest segment by value and
volume.
Short fiber thermoplastic (SFT) will remain the largest segment by value
and volume due to ease of processing and better capability of making parts in
complex geometry.
Download sample by clicking on European
automotive composites market.
BASF, Magna International, Lanxess, DSM, Mitsubishi Chemical Group are
the major suppliers in the European automotive composites market.
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 write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
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unmet needs analysis. We are based in
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972-636-5056
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