Lucintel Anticipates Composites in European Automotive Market to Reach $2,270 Million by 2018 Opportunities for Composites in European Automotive Market 2013-2018

NEW YORK, June 23, 2014 /PRNewswire-iReach/ -- Composites shipments in the European automotive market is expected to grow to $2,270 million in 2018. The major drivers of European automotive market are low-cost of materials weight reduction, fines for excessive CO2 fleet emissions, e-mobility, and pressurized containers for gas fuelled cars. The market for products made of composites such as interior headliners, fenders, pickup boxes, door modules, instrument panels, running boards, and front-end carriers is expected to almost double by 2018 from 2012 levels driving this market.

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Lucintel, a leading global management consulting and market research firm, has analyzed the composites in European automotive market by segments and has come up with a comprehensive research report "Opportunities for Composites in European Automotive Market 2013-2018." This report provides an analysis of the composites in European automotive market including an analysis of market trend, competitive landscape, company profiles, emerging trend, and key drivers of industry growth. The study also includes trends and forecasts for the European automotive market through 2018, segmented by resin group, application type, by material, and type of resin which are listed below.

European Automotive Composite Market by Resin Group:

  • Thermoset
  • Thermoplastic

European Automotive Market by Applications:

  • Automotive Switches
  • Automotive Connectors
  • Pickup Box/Bed
  • Hoods
  • Bumper Beams
  • Front-End Module Carriers
  • Air Intake Manifold
  • Engine Valve Covers
  • Interior Headliners
  • Truck Cab Roofs
  • Head Lamp Reflectors/Housing

European Automotive Market by Material Type:

  • SMC/BMC
  • SFT
  • LFRT
  • GMT
  • CFRTPC
  • PU Composites
  • Others

European Automotive Market by Types of Resin:

  • Polypropylene
  • Polyamide
  • Polyester
  • PBT
  • Polyurethane
  • Others

On the basis of its comprehensive research, Lucintel forecasts that the European automotive market will grow moderately during 2013-2018. BASF, DuPont, Sabic, Ticona, DSM and RTP are among the major suppliers of composite materials to this industry. Regular innovation of products is very important for companies to sustain their successful positions in the market.

This 157-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents and pricing information on these timely, insightful reports, click the link  http://www.lucintel.com/reports/chemical_composites/opportunities_for_composites_in_european_automotive_market_2013-2018.aspx  or contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency. To learn more, visit www.lucintel.com . You can also contact us through Live Chat in its website to answer your questions in real time.

About Lucintel

Lucintel, the premier global management consulting and market research firm creates winning strategy for growth—whether you need to understand market dynamics, identify new opportunities, or increase your profitability. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M & A and due diligence services to executives and key decision-makers in a variety of industries. Over the last 15 years, Lucintel has served over 1,000 corporations in 70 countries. For further information, visit www.lucintel.com

Media Contact: Roy Almaguer, Lucintel, +1-972-636-5056, roy.almaguer@lucintel.com

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SOURCE Lucintel



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