With the pressure
rising on automakers to reduce carbon emissions and fuel consumption
by developing lightweight vehicles, while also maintaining their
safety and quality automobile manufacturers are looking for better
alternatives to current design trends. This has given rise to huge
opportunities for composites in the global automotive market in
recent years.
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Research Report of Opportunities of Composites in the Global
Automotive Market :
The report based on
use of composites in the global automotive market is an effort to
explore the various trends and challenges that are driving
automakers’ choices regarding the use of composites in future
vehicles. The report outlines a vision of the various applications of
composites and technology and business strategies to enable
composites’ companies in exploiting the most opportunities
presented by the automotive industry.
The report offers
sharp insights about the size, forecast, growth opportunities, and
threats in the market. The report also provides an overview of
historical data associated with various product types and
applications of composites in the automotive market. The report
discusses the various regulations, shifting consumer choices, and
trends that will drive the market in the future and those that will
inhibit its growth.
A wide array of
graphics in the report makes for an easy comprehension of the usually
complex market data. Moreover, the use of SWOT analysis, Porter’s
five forces model analysis, and a detailed study of the value-chain
will help you stay abreast of the numerous opportunities and threats
for composites in the automotive industry.
Overview
For many decades,
plastic and polymer composites have helped in improving the
functionality, appearance, and safety of automobiles, while also
delivering superior value at efficient costs and reducing vehicle
weight. Now more than ever, there are huge opportunities for
composites in this industry due to the rising pressure on automakers
to drop more and more weight from vehicles while maintaining the
safety and quality of vehicles.
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The report mentions
that environment safety- related regulations, recent technology
innovations, and shift in consumer preferences are encouraging
automakers to increase their use of composites in vehicles.
While collaboration
of the automotive and composites industry has existed for many
decades, there are certain barriers which limit the use of composites
in vehicles. These factors include:
The insufficient
coordination of the composites industry with other industry sectors
such as motor sports, athletic equipments, and military applications
The limited
collaboration of this industry with the automotive supply chain
High initial costs
of certain composite materials even when they are bought at high
volumes
However, the need to
reduce emissions and fuel usage, combined with the ever changing
customer demand for better performance and appealing designs will
keep the automotive industry searching for ways to cost-effectively
drop weight from vehicles. This will, in turn continue the increasing
use of composites in vehicles.
Companies
mentioned
The opportunities of
composites in automotives market report mentions companies such as:
TETRA-DUR GmbH, DSM Composite Resin, DUPONT, RTP, Lorenz GmbH, and
BASF.
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Major geographies
analyzed under this research report are:
Europe
North America
Asia-Pacific
Rest of the World
This report gives
you access to decisive data such as:
Market growth
drivers
Factors limiting
market growth
Current market
trends
Market structure
Market projections
for the coming years
Key highlights of
this report
Overview of key
market forces propelling and restraining market growth
Up-to-date analyses
of market trends and technological improvements in the micro servers
industry
Pin-point analyses
of market competition dynamics to offer you a competitive edge
An analysis of
strategies of major competitors
An array of graphics
and SWOT analysis of major industry segments
Detailed analyses of
industry trends
A well-defined
technological growth map with an impact-analysis
Offers a clear
understanding of the competitive landscape and key product segments
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