Composites in the Global Mass Transportation and Off Road Equipment Market Size, Share & Analysis to 2027

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Composites in the Global Mass Transportation and Off Road Equipment Market Trends and Forecast

The future of the composites in the global mass transportation and off road equipment market looks promising with opportunities in the heavy trucks, bus and coaches, and off road equipment market. Composites in the global mass transportation and off road equipment market is expected to reach an estimated $1.3 billion by 2027 with a CAGR of 7.3% from 2021 to 2027. 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.

Composites in the Global Mass Transportation and Off Road Equipment Market by Application Type, Vehicle Type, and Intermediate Material Type

Emerging Trends in Composites in the Global Mass Transportation and Off Road Equipment Market

Emerging trends, which have a direct impact on the dynamics of the industry, includes increasing complexity and styling requirements ar
e driving composites usage and development of low-density SMC.
A total of 107 figures / charts and 68 tables are provided in this 205-page report to help in your business decisions. A sample figure with insights is shown below.

Composites in the Global Mass Transportation and Off Road Equipment Market by Segment

The study includes trends and forecast for composites in the global mass transportation and off road equipment market by vehicle type, application, intermediate materials, process, and region as follows:

By Vehicle Type [Value ($M) and Volume (M lbs) shipment analysis for 2016 – 2027]:

Heavy Trucks
Bus and Coach
Off Road Equipment

By Application [Value ($M) and Volume (M lbs) shipment analysis for 2016 – 2027]:

Heavy Trucks by Application
- Interior
- Exterior
- Under the Hood
- Powertrain
- Electrical Components
- Others
Bus and Coach by Application
- Interior
- Exterior
- Under the Hood
- Powertrain
- Electrical Components
- Others
Off Road Equipment by Application
- Interior
- Exterior
- Under the Hood
- Powertrain
- Electrical Components
- Others

By Intermediate Material [Value ($M) and Volume (M lbs) shipment analysis for 2016 – 2027]:

By Process [Value ($M) and Volume (M lbs) shipment analysis for 2016 – 2027]:

Compression Molding
Injection Molding
LFI
RRIM

By Region [Value ($M) and Volume (M lbs) shipment analysis for 2016 – 2027]:

North America
Europe
Asia Pacific
The Rest of the World

List of Composites in the Global Mass Transportation and Off Road Equipment Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies composites in the global mass transportation and off road equipment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the composites in the global mass transportation and off road equipment companies profiled in this report includes.

Composites in the Global Mass Transportation and Off Road Equipment Companies Market Insight

Lucintel forecasts that SMC/BMC will remain the largest segment due to its increasing use in various applications of automotive like; powertrain application, interior, exterior, under body shield, and others. LFT & D-LFT is expected to witness the highest growth over the forecast period due to its better cleansing and moisturizing properties.
Heavy trucks will remain the largest vehicle type segment and it is also expected to witness the highest growth over the forecast period due to increasing production of heavy commercial vehicles in North America.
Europe is expected to remain the largest region and witness the highest growth over the forecast period due to higher production of composites part for mass transportation than other region, and 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. APAC is expected to witness highest growth over the forecast period.

Features of Composites in the Global Mass Transportation and Off Road Equipment Market

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)
Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
Segmentation Analysis: Market size by vehicle type, application, intermediate material, process, and region
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 of growth opportunities in different vehicle type, application, intermediate material, process, and regions for the composites in the global mass transportation and off road equipment market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape for the 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.

FAQ

Q1. What is the composites in the global mass transportation and off road equipment market size?
Answer: The composites in the global mass transportation and off road equipment market is expected to reach an estimated $1.3 billion by 2027.
Q2. What is the growth forecast for composites in the global mass transportation and off road equipment market?
Answer: The composites in the global mass transportation and off road equipment market is expected to grow at a CAGR of 7.3% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the composites in the global mass transportation and off road equipment market?
Answer: 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.
Q4. What are the major applications or end use industries for composites in the global mass transportation and off road equipment?
Answer: heavy trucks and off road equipment are the major vehicle type for composites in the global mass transportation and off road equipment market.
Q5. What are the emerging trends in composites in the global mass transportation and off road equipment market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, includes increasing complexity and styling requirements are driving composites usage and development of low-density SMC.
Q6. Who are the key composites in the global mass transportation and off road equipment companies?
Answer: Some of the key composites in the global mass transportation and off road equipment companies are as follows:

BASF SE
Polynt-Reichhold
Dow Chemical Company
DSM
IDI Composites International
Teijin Limited
Core Molding Technologies
Quadrant Plastic Composites
Hanwah L&C Corporation
Lanxess

Q7.Which composites in the global mass transportation and off road equipment intermediate material segment will be the largest in future?
Answer: Lucintel forecasts that SMC/BMC will remain the largest segment due to its increasing use in various applications of automotive like; powertrain application, interior, exterior, under body shield, and others. LFT & D-LFT is expected to witness the highest growth over the forecast period due to its better cleansing and moisturizing properties.
Q8: In composites in the global mass transportation and off road equipment market, which region is expected to be the largest in next 5 years?
Answer: Europe is expected to remain the largest region and APAC is expected to witness the highest growth over next 5 years.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions
Q.1 What are some of the most promising potential, high growth opportunities for composites in the global mass transportation and off road equipment market by vehicle type (heavy trucks, bus and coach, and off road equipment), application (heavy trucks by application, bus and coach by application, and off road equipment by application), intermediate material (SMC/BMC, SFT, GMT, LFT & D-LFT, and CFT), process (compression molding, injection molding, LFI, and RRIM), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q. 2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?

For any questions related to composites in the global mass transportation and off road equipment market or related to composites in the global mass transportation and off road equipment market share, composites in the global mass transportation and off road equipment analysis, composites in the global mass transportation and off road equipment size, and composite in mass transportation and off road equipment applications, write to Lucintel analysts at helpdesk@lucintel.com. We will be glad to get back to you soon.

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Table of Contents

1. Executive Summary

2. Composites in the Global Mass Transportation and Off Road Equipment Market Dynamics

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

3. Market Trends and Forecast Analysis from 2016 to 2027

3.1: Macroeconomic Trends and Forecasts
3.2: Composites in the Global Mass Transportation and Off Road Equipment Market Trends and Forecast
3.3: Composites 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 Application

3.4.1: Heavy Truck by Application
3.4.2: Bus and Coach by Application
3.4.3: Off Road Equipment by Application

3.5: Composites in the Global Mass Transportation and Off Road Equipment Market by Intermediate Material

3.5.1: SMC/BMC
3.5.2: SFT
3.5.3: GMT
3.5.4: LFT & D-LFT
3.5.5: CFT

3.6: Composites in the Global Mass Transportation and Off Road Equipment Market by Process
3.7: Composites in the Global Mass Transportation and Off Road Equipment Market by End Use Product

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: Composites in the North American Mass Transportation and Off Road Equipment Market

4.2.1: Market by Vehicle Type: Heavy Trucks, Off Road Equipment, Bus, and Coach
4.2.2: Market by Intermediate Materials: SMC/BMC, SFT, GMT, LFT and CFT

4.3: Composites in the European Mass Transportation and Off Road Equipment Market

4.3.1: Market by Vehicle Type: Heavy Trucks, Off Road Equipment, Bus, and Coach
4.3.2: Market by Intermediate Materials: SMC/BMC, SFT, GMT, LFT and CFT

4.4: Composites in the APAC Mass Transportation and Off Road Equipment Market

4.4.1: Market by Vehicle Type: Heavy Trucks, Off Road Equipment, Bus, and Coach
4.4.2: Market by Intermediate Materials: SMC/BMC, SFT, GMT, LFT and CFT

4.5: Composites in the ROW Mass Transportation and Off Road Equipment Market

4.5.1: Market by Vehicle Type: Heavy Trucks, Off Road Equipment, Bus, and Coach
4.5.2: Market by Intermediate Materials: SMC/BMC, SFT, GMT, LFT and CFT

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 the Composites in the Global Mass Transportation and Off Road Equipment Market by Vehicle Type
6.1.2: Growth Opportunities for the 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
6.3.3: Mergers and Acquisitions
6.3.4: Certification and Licensing
6.3.5: Technology Development

7. Company Profiles of Leading Players

7.1: BASF SE
7.2: Polynt-Reichhold
7.3: Dow Chemical Company
7.4: DSM
7.5: IDI Composites International
7.6: Teijin Limited
7.7: Core Molding Technologies
7.8: Quadrant Plastic Composites
7.9: Hanwah L&C Corporation
7.10: Lanxess

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Title/Chapter Name	Pages	Price

Full Report: Composites In The Global Mass Transportation and Off Road Equipment Market: Trends, Opportunities and Competitive Analysis[2022-2027]

Full Report

$ 4,850

107 figures/charts and 68 tables are provided in this 205- page report

Chapter - 1: Executive Summary

$ 435

1. Executive Summary

Chapter - 2: Market Background and Classifications

$ 218

2. Market Background and Classifications

2.1 Introduction, Background, and Classifications
2.2 Supply Chain
2.3 Industry Drivers and Challenges

Chapter - 3: Market Trends and Forecast Analysis

$ 1,740

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
3.3 Composites 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

Chapter - 4: Regional Analysis

$ 2,248

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

4.2.1 Market by Vehicle Type: Heavy Trucks, Off Road Equipment, Bus and Coach
4.2.2 Market by Intermediate Materials: SMC/BMC, SFT, GMT, LFT and CFT

4.3 European Composites in the Mass Transportation and Off Road Equipment Market

4.3.1 Market by Vehicle Type: Heavy Trucks, Off Road Equipment, Bus and Coach
4.3.2 Market by Intermediate Materials: SMC/BMC, SFT, GMT, LFT and CFT
4.3.3 APAC Composites in the Mass Transportation and Off Road Equipment Market
4.3.4 Market by Vehicle Type: Heavy Trucks, Off Road Equipment, Bus and Coach
4.3.5 Market by Intermediate Materials: SMC/BMC, SFT, GMT, LFT and CFT

4.4 ROW Composites in the Mass Transportation and Off Road Equipment Market

4.4.1 Market by Vehicle Type: Heavy Trucks, Off Road Equipment, Bus and Coach
4.4.2 Market by Intermediate Materials: SMC/BMC, SFT, GMT, LFT and CFT

Chapter - 5: Competitor Analysis

$ 725

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

Chapter - 6: Growth Opportunities and Strategic Analysis

$ 870

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

Chapter - 7: Company Profiles of Leading Players

$ 508

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

Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:

In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.

Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.

Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.

Composites In The Global Mass Transportation and Off Road Equipment Market: Trends, Opportunities and Competitive Analysis[2022-2027]

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