Global Mass Transportation and Off Road Equipment Composites (SMC/BMC, SFT, GMT, LFT, D-LFT & CFT) Market 2012-2023

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Oct 04, 2018, 14:30 ET

DUBLIN, Oct. 4, 2018 /PRNewswire/ --

The "Growth Opportunities for Composites in the Global Mass Transportation and Off Road Equipment Market" report has been added to ResearchAndMarkets.com's offering.

The global market of composite materials in mass transportation and off road equipment is expected to reach an estimated $1.0 billion by 2023 and it is forecast to grow at a CAGR of 4.6% from 2018 to 2023.

The global composites end product market for mass transportation and off road equipment is expected to reach an estimated $2.8 billion by 2023.

The future of composite materials in the global mass transportation and off road equipment market looks promising with opportunities in exterior, interior, under the hood, electrical components, powertrain and other applications.

The major driver for growth in this market is increasing demand for lightweight materials over steel in heavy trucks, buses, and coaches due to government regulations to increase fuel efficiency and reduce carbon emission. Emerging trend, which has a direct impact on the dynamics of composites in mass transportation and off road equipment industry, include development of low density SMC material. The SMC & BMC material is expected to be the largest intermediate materials by value and volume over the forecast period.

Within this market, exterior will remain the largest application by value and volume due to increasing demand for composites in hood, fender, headlamp reflector and front end module. Composite materials in under the hood application are expected to witness highest growth due to increasing demand for high performance material in pan module, engine cover, heat shield, and air end caps.

Europe is expected to remain the largest region by value and volume due to higher production of composites part for mass transportation than other region. Government regulations, such as CAFE Standards in the US and carbon emission targets in Europe, are the key drivers for putting pressure on OEMs to incorporate lightweight materials to curb the overall weight.

Some of the features of Growth Opportunities for Composites in the Global Mass Transportation and Off Road Equipment Market: Trends, Forecast, and Opportunity Analysis include:

Market size estimates: Composites in the global mass transportation and off road equipment market size estimation in terms of value ($M) and volume (M Lbs.) shipment.
Trend and forecast analysis: Market trend (2012-2017) and forecast (2018-2023) by application, and end use industry.
Segmentation analysis: Composites in the global mass transportation and off road equipment market size by various applications such as application, intermediate material, vehicle, and manufacturing process in terms of value and volume shipment.
Regional analysis: Composites in the global mass transportation and off road equipment market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities: Analysis on growth opportunities in different applications and regions for composites in the global mass transportation and off road equipment market.
Strategic analysis: This includes M&A, new product development, and competitive landscape for composites in the global mass transportation and off road equipment market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model

Key Topics Covered:

1. Executive Summary

2. Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2012 to 2023
3.1: Macroeconomic Trends and Forecast
3.2: Composites in the Mass Transportation and Off Road Equipment Market: Trends and Forecast
3.3Composites in the Global Mass Transportation and Off Road Equipment Market by Vehicle Type
3.3.1: Heavy Trucks
3.3.2: Bus and Coach
3.3.3: Off Road Equipment
3.4: Composites in the Global Mass Transportation and Off Road Equipment Market by Intermediate Material
3.4.1: SMC/BMC
3.4.2: SFT
3.4.3: GMT
3.4.4: LFT and D-LFT
3.4.5: CFT
3.5: Composites in the Global Mass Transportation and Off Road Equipment Market by Application
3.5.1: Heavy Trucks by Application
3.5.2: Buses and Coaches by Application
3.5.3: Off Road Equipment by Application

4. Market Trends and Forecast Analysis by Region
4.1: Composites in the Global Mass Transportation and Off Road Equipment Market by Region
4.2: North American Composites in the Mass Transportation and Off Road Equipment Market
4.3: European Composites in the Mass Transportation and Off Road Equipment Market
4.4: ROW Composites in the Mass Transportation and Off Road Equipment Market

5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for Composites in the Global Mass Transportation and Off Road Equipment Market by Vehicle Type
6.1.2: Growth Opportunities for Composites in the Global Mass Transportation and Off Road Equipment Market by Intermediate Material
6.1.3: Growth Opportunities for the Composites in the Global Mass Transportation and Off Road Equipment Market by Region
6.2: Emerging Trends in the Composites in the Global Mass Transportation and Off Road Equipment Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Composites in the Global Mass Transportation and Off Road Equipment Market
6.3.3: Mergers, Acquisitions and Joint Ventures in the Composites in the Global Mass Transportation and Off Road Equipment Market
6.3.4: Certification and Licensing
6.3.5: Technology Development

7. Company Profiles of Leading Players
7.1: BASF SE
7.2: Polynt
7.3: DOW Chemical Company
7.4: DSM
7.5: IDI Composites International
7.6: Teijin Limited-Continental Structural Plastics
7.7: Core Molding Technologies
7.8: Quadrant Plastic Composites
7.9: Hanwha L&C Corporation
7.10: Lanxess

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