The Automotive Composites Market is poised for significant expansion, projected to grow from US$ 12.47 billion in 2024 to US$ 27.37 billion by 2031, at a compound annual growth rate (CAGR) of 12.3% between 2025 and 2031.
Automotive composites are gaining traction due to their high strength-to-weight ratio, fuel efficiency, and potential to reduce carbon emissions. These materials are increasingly being adopted across various vehicle types, with growing demand from both manufacturers and consumers for sustainable and lightweight solutions.
Leading Players in the Automotive Composites Market
This report presents a detailed competitive analysis of key players shaping the industry landscape. Companies are profiled based on production volumes, revenue, profit margins, and market strategies. These insights serve as a valuable resource for stakeholders aiming to gain a strategic edge in this rapidly evolving market.
Key players profiled include:
- Gurit Holdings AG
- Hexcel Corporation
- Mitsubishi Chemical Group
- SGL Carbon SE
- Solvay SA
- Teijin Ltd
- DuPont de Nemours, Inc.
- Toray Industries
- Atlas Fibre
- Elaghmore Advisor LLP
Market Overview and Strategic Analysis
Published by Business Market Insights, the "Automotive Composites Market" report provides a robust analysis of market trends, regional developments, customer behavior, and policy influences. It includes essential tools such as PESTLE analysis, Porter’s Five Forces, and PLC (Product Life Cycle) analysis, offering a complete understanding of the market dynamics.
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Segmentation Analysis: Automotive Composites Market
By Fiber Type
- Glass Fiber Composites (largest market share in 2024)
- Carbon Fiber Composites
- Others
By Resin Type
- Thermoplastics (polyethylene, polypropylene, polycarbonate, etc.) – dominant segment in 2024
- Thermoset (polyester, epoxy, vinyl ester, etc.)
By Technology
- Injection Molding – largest share in 2024
- Compression Molding
- Pultrusion
- Others
By Vehicle Type
- Passenger Cars – leading segment
- Commercial Vehicles
- Two-Wheelers and Others
By Application
- Interior Components – highest market share
- Structural Assembly
- Powertrain Components
Why This Report Matters
This research report is a vital resource for:
- Understanding key market drivers and restraints
- Analyzing competitive positioning
- Identifying high-growth segments
- Planning strategic market entry or expansion
It offers in-depth industry insights that can significantly accelerate your business growth by identifying emerging opportunities and market trends.
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