Opportunities for Composites in European Automotive Market 2009-2014: Trends, Forecast,
and Opportunity Analysis Total 169 pages, 95 figures/charts and 23 tables, published
Nov 2009.
Composites are becoming the material of choice for replacing traditional materials
such as steel, aluminum and engineering plastics in European automotive industry.
Compared to traditional materials, composites have higher strength-to-weight ratios,
chemical and heat impact resistance, offer greater design flexibility. The future
of the
composite materials in European automotive industry market compared
to competing materials looks good. Also, Europe has come up as leading region using
advanced high performance carbon-epoxy composites in racing and luxury cars, though
at a nascent stage. However, demand for composites dropped significantly during
2008 and expected to drop in 2009 as overall automotive market dipped in 2008 and
expected to drop in 2009. According to Lucintel's new report "Opportunities
for Composites in European Automotive Market 2009-2014 :Trends, Forecast, and Opportunity
Analysis", composites materials market is expected to reach
$1824.9 million by 2014. Composites consumption in automotive applications such
as air intake manifolds, front end carriers, interior headliners, pickup box, switches
are expected to grow above 4% CAGR during the in the next 5 years.
Producers, focusing on innovations and cost leadership will win most of the volume
growth. Automotive OEMs are looking for new ways to reduce vehicle weight, further
increasing fuel economy and thus increasing environmental performance. By developing
new materials to meet the demanding application requirements with a focus on weight
and cost reduction, composites materials suppliers will gain more market share during
the next six years.
This unique 169 page report from Lucintel provides all the valuable information
and tools that you may need in operating your business successfully in the European
Automotive composites market. In today's global economy, you need every
advantage that you can find to keep you ahead in your business. Learn about current
trends, identify key players, and explore the directions that the European Automotive
composites market is heading for.
To make informed business, investment, or strategic decisions, professionals need
accurate and timely information. Lucintel believes that the market report titled
"Opportunities for Composites in European Automotive Market 2009-2014 :
Trends, Forecast, and Opportunity Analysis" fulfills this core
requirement. This is a vital reference guide for composite materials suppliers,
automotive part manufacturers, investors, researchers, executives, distributors
and many others who operate within or follow the composite marketplace. Some of
the features of this market report are:
- Market size estimates in terms of value ($) and volume (mill lbs)
materials consumption in European Automotive industry.
- Porters Five Force Analysis for European Automotive Composites
market in terms of Supplier Power, Buyer Power, Barriers to Entry, Threat of
Substitution and Rivalry.
- Growth trends for last 5 years and forecasts for next 5 years in
terms of dollar shipment and lbs consumed in total European composites market and
also for various application segments such as Air intake manifold, connectors and
front end carriers.
- Trends
and forecast for various raw materials such as SFT, LFRT, LWRT, GMT,
CFRT, SMC, and BMC; Resins such as Polypropylene, Polyester
etc.
- Market penetration of competing materials in various applications such as
headliner, intake manifolds, front end carrier, valve covers, etc.
- Over 95 figures/charts and 23 tables in this 169-page
market report to help you make more informed business decisions.
Brief descriptions on major industry leaders
To get table of contents, pricing, other information & buy option on the report,
please click on European Automotive
Market Reports or call Tel.: +1-972-636-5056 in USA.