The ASEAN (Association of Southeast Asian Nations) automotive composites market is expected to grow at a CAGR of 6.5% from 2017 to 2022


   August 28 2017
According to a new market report published by Lucintel, the future of the ASEAN (Association of Southeast Asian Nations) automotive composites market looks promising with opportunities in the passenger car and light weight truck. The ASEAN automotive composites market is forecast to grow at a CAGR of 6.5% from 2017 to 2022. The major drivers of growth for this market are increasing automotive production and increasing demand for lightweight materials to achieve higher fuel efficiency and reduce greenhouse gas emissions.

Browse 31 Market Data Tables and 67 Figures spread through 142 Pages and in-depth TOC on http://www.lucintel.com/asean-automotive-composites-market-17.aspx           

In this market, exterior, interior, and power train systems are the major applications. On the basis of its comprehensive research, Lucintel forecasts that the power train system is expected to be the largest market and under body system is expected to show the highest growth during the forecast period from 2017 to 2021.

Early buyers will receive 10% customization on this report 

Within the ASEAN automotive composites market, short fiber thermoplastic (SFT), and long fiber thermoplastic (LFT) are the major materials utilized to manufacture automotive parts. SFT is expected to remain the largest market by value and volume, mainly driven by small complex-shaped components for under the hood applications.

By fiber type, glass, carbon, and natural fiber are the major fibers used to manufacture composites parts. The glass fiber market is expected to remain the largest fiber segment, and the carbon fiber market is expected to witness the highest growth over the forecast period.

Download Free PDF Brochure: http://www.lucintel.com/rb/asean-automotive-composites-market-17.aspx

By resin type, polyamide (PA) resin is expected to remain the largest market by value and volume consumption. High resistance to abrasion, low friction characteristics, electrical resistance, heat resistance, and good chemical resistance are the properties which drive the PA demand in automotive.

By resin group, thermoplastics and thermoset resin are the two segments in which thermoplastic are the largest segment. The advantages of using thermoplastic is recyclability, ease of processing, and better capability of making parts with complex geometry.

Inquiry Before Buy @ http://www.lucintel.com/pq/asean-automotive-composites-market-17.aspx

Vietnam, Thailand, Myanmar, Malaysia, Brunei Darussalam, Indonesia, Cambodia, and Singapore and Lao PDR are the countries included in ASEAN automotive composites market. Among this, Thailand was the major market for the ASEAN automotive composites because of high volume of automotive production.  

Browse Free Sample Pages @ http://www.lucintel.com/ds/asean-automotive-composites-market-17.aspx

The study includes a forecast for the ASEAN automotive composites market by product type, manufacturing process, application, and region as follows:

 By application type (Value ($M) and Volume (M lbs) shipment analysis for 2011 – 2022):


  • Exterior


  • Interior


  • Power Train Systems


  • Under Body Systems


  • Electrical & Electronics


  • Others


 By material type (Value ($M) and Volume (M lbs) shipment analysis for 2011 – 2022):


  • Short Fiber Thermoplastic


  • Long Fiber Thermoplastic


  • Sheet Molding Compound


  • Bulk Molding Compound


  • Glass Mat Thermoplastic


  • Other Composites


 By fiber composite type (Value ($M) and Volume (M lbs) shipment analysis for 2011 – 2022):


  • Glass Fiber Composites


  • Carbon Fiber Composites


  • Natural Fiber Composites


 By resin type (Value ($M) and Volume (M lbs) shipment analysis for 2011 – 2022):


  • Polypropylene Composites


  • Polyamide Composites


  • Polybutylene Terephthalate Composites


  • Polyester Composites


  • Vinyl ester Composites


  • Others Composites


 By resin group (Value ($M) and Volume (M lbs) shipment analysis for 2011 – 2022):


  • Thermoplastic Composites


  • Thermoset Composites


 By country (Value ($M) and Volume (M lbs) shipment analysis for 2011 – 2022):


  • Malaysia


  • Thailand


  • Vietnam


  • Indonesia


  • Others


 This 142-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or helpdesk@lucintel.com  

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. 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. For further information, visit www.lucintel.com.

Visit Our Blog@ http://www.lucintel.com/blog/

Connect with us on LinkedIn here https://www.linkedin.com/company/lucintel?trk=top_nav_home

Lucintel Corporate Customers

Market Entry, M & A, Opportunity Screening,...

Private Equity Customers

Buy Side Services (target screening, due diligence, ..)

Market Research Reports

Aerospace & Defense [44]
Chemical [100]
Composites & Advanced Materials [99]
Construction & Industrial [40]
Consumer and Retail [78]
Economic Analysis [86]
Energy & Utility [68]
Finance & Services [10]
Healthcare [23]
Media & Entertainment [16]
Metals & Mining [16]
Technology & Telecommunication [44]
Transportation [75]

Customer Quotes

"With more than 20 years experience in the industry, this is the first time we have come across such an extensive market analysis for our industry." Ven Cote, CEO, ZCL

"The insights we gained from Lucintel work helped with our business plan…a wonderful professional job…" Mike Jackson, Stahlin

"The report from Lucintel is useful not only for business planners, but also for the technology officers wanting to create a roadmap …" Dr. Giulio Ranzo, Booz Allen

"The information is so comprehensive, it has allowed us to identify & focus our business development efforts. It saved months of leg-work." Bill Barz, L&L Products

"We bought Lucintel report because it is the best report about our industry…a complete and appropriate analysis." Cesare Andrenacci, Ferretti

Quick Query

Partnership between Jushi USA and Gray Construction ...
Armor Express Awarded Five-Year ID/IQ Hard Armor Contract from U.S. Customs and Border Protection...
Hyundai Files Patent for CFRP Front End...
Velocity Composites Signs Long Term Agreement ...
Johns Manville's Starrov 853 for LFT Reinforcements is Available in Americas and Europe ...

Follow us on