Automotive Composites Market – Global Industry Analysis and Forecast (2019-2026)

The market is segmented into fiber, resin, manufacturing process, application, and geography. Based on fiber, the automotive composites market is segmented into Glass, Carbon, and Natural. Among this, glass fiber is expected to hold the major market share in the forecast period owing to a cost-effective solution compared to carbon fiber. Low manufacturing cost along with strong applications outlook in structural, exterior and powertrain will positively influence the industry demand. Based on resin, the automotive composites market is segmented as thermoset and thermoplastic. Based on manufacturing process, the automotive composites market is segmented as compression, injection, and resin transfer molding (RTM). Based on Application, the automotive composites market is segmented as the interior, exterior, and structural & powertrain.

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