IRVING, Texas, April 13, 2017 /PRNewswire/ -- According to a new market report published by Lucintel, thermoplastic resin in the global automotive composites market is expected to reach an estimated $4.7 billion by 2022 and it is forecast to grow at a CAGR of 5.1% from 2017 to 2022.
Browse 40 market data tables and 198 figures spread through 258 pages and in-depth TOC on "Thermoplastic Resin in the Global Automotive Composites Market"
Europe is expected to remain the largest market due to growing demand for lightweight and environmentally sustainable composite materials from the automotive industry.
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Emerging trends, which have a direct impact on the dynamics of the industry, include increasing inter-material competition and increasing focus on continuous fiber reinforced thermoplastic composites. Celanese's Advanced Engineered Materials (Ticona), SABIC, Tencate, Cytec, BASF, DSM, Dupont and Quadrant are among the major suppliers of thermoplastic resin in the global automotive composites market.
The study includes a forecast for thermoplastic resin in the global automotive composites market by application, intermediate material type, resin type, by country and by region as follows:
Automotive thermoplastic resin composites market by Application Type (Value ($M) and Volume (M lbs) from 2011 to 2022):
- Under body systems
- Chassis System
- Power train system/ engine components
- Electrical and Electronics
Automotive thermoplastic resin composites market by Material Type (Value ($M) and Volume (M lbs) from 2011 to 2022):
- Glass Mat Thermoplastic (GMT)
- Short Fiber Thermoplastic (SFT)
- Long Fiber Thermoplastic (LFT)
- Continuous Fiber Thermoplastic (CFT)
Automotive thermoplastic resin composites market by Resin Type (Value ($M) and Volume (M lbs) from 2011 to 2022):
- Polypropylene (PP) Composites
- Polybutylene terephthalate (PBT) Composites
- Polyamide (PA) Composites
Automotive thermoplastic resin composites market by Region (Value ($M) and Volume (M lbs) from 2011 to 2022)
- North American
- Asia Pacific (APAC)
- Rest of the World
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