Opportunities of Composites in the Global Automotive Market (2010 - 2015)
By: marketsandmarkets.com
Publishing Date:
March 2012
Report Code:
AD 1075
Composites (Carbon fibers, glass fibers and resins) have made a big impact on the entire global market, including the automotive market. Using composites makes the cars lighter and renders greater resistance to heat, external impact and improves fuel efficiency. Almost all the leading car manufacturers are following a trend of replacing metal parts in their high end cars with composites and this trend can be seen being extended to mid-end to low end cars as well. With extensive research and cost-effective mass production techniques in place, the prices for composites have dropped and this has resulted in a direct increase in their demand for the all the application areas also including the automotive sector. This report will cover the demand for composites in the different types of automobiles like luxury cars, sedans, coupes, SUVs, small family cars, heavy duty vehicles, sports cars and so on.
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