Report Feature
The future of the North American automotive composites market looks good with opportunities in various applications such as exterior, interior, power train system, chassis system, under body system, and others. The North American automotive composites market is expected to reach an estimated $3.5 billion by 2021 and it is forecast
to grow at a CAGR of 6.0% from 2016 to 2021. The major drivers of growth for this market are increasing automotive production and increasing demand for lightweight materials to achieve higher fuel efficiency and reduce greenhouse gas emissions. The US government has set new standards requiring light vehicles to achieve a Corporate Average Fuel Efficiency (CAFE) standard of 36.6 mpg by 2017 and 54.5 mpg by 2025. The federal proposal to improve CAFE standards serves as a major stimulus to incorporate lightweight materials such as composites.Emerging trends, which have a direct impact on the dynamics of the North American automotive composite industry, include increasing penetration of thermoplastic and carbon composites. Strategic a
lliances between OEMs, carbon fiber and resin suppliers in the automotive industry are also the emerging trends.
A total of 84 figures / charts and 22 tables are provided in this 165-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of the North American automotive composite market report, download the report brochure.
The study includes North American automotive composite market size and forecast for the North American automotive composite market through 2021 segmented by application, by resin composites type, material type, by fiber composites type, by resin group type, and by country as follows:
North American automotive composite market by Application Type (Value ($M) and Volume (M lbs) from 2010 to 2021):
- Interior
- Exterior
- Under the body systems
- Chassis
- Power trains
- Others
North American automotive composite market by Resin Composite Type (Value ($M) and Volume (M lbs) from 2010 to 2021):
- Polypropylene (PP) Composites
- Polybutylene terephthalate (PBT) Composites
- Polyamide (PA) Composites
- Vinyl ester Composites
- Polyester Composites
- Phenolic Composites
- Other Composites
North American automotive composite market by Material Type (Value ($M) and Volume (M lbs) from 2010 to 2021):
- Sheet Molding Compound (SMC)
- Bulk Molding Compound (BMC)
- Glass Mat Thermoplastic (GMT)
- Short Fiber Thermoplastic (SFT)
- Long Fiber Thermoplastic (LFT)
- Continuous Fiber Thermoplastic (CFT)
- Phenolic Composites
- Polyurethane (PU) Composites
- Natural Fiber Composites
- Other composites
North American automotive composite market by Fiber Composite Type (Value ($M) and Volume (M lbs) from 2010 to 2021):
- Glass Fiber Composites
- Carbon Fiber Composites
- Natural Fiber Composites
North American automotive composite market by Resin Group Type (Value ($M) and Volume (M lbs) from 2010 to 2021):
- Thermoplastic Composites
- Thermosets Composites
North American automotive composite market by Country Type Volume (M lbs) shipment for 2015:
- USA
- Mexico
- Canada
North American automotive composite companies profiled in this market report include Continental Structural Plastics, IDI composites, DuPont, and Interplastic Corporation are among the major suppliers of composites in the North American automotive market.
On the basis of its comprehensive research, Lucintel forecasts that the power train system is expected to be the largest market and chassis system are expected to show higher growth during the forecast period of 2016 to 2021.
Within the North American automotive composites market, sheet molding compound (SMC), bulk molding compound (BMC), glass mat thermoplastic (GMT), short fiber thermoplastic (SFT), long fiber thermoplastic (LFT), continuous fiber thermoplastic (CFT), phenolic composites, polyurethane (PU) composites, natural fiber composites and other carbon thermoset composites are the major materials.
SFT is expected to remain the largest market by value and volume, mainly driven by small complex shaped components in under the hood applications.
SFT is expected to remain the largest market by value and volume, mainly driven by small complex shaped components in under the hood applications.
By resin type, polypropylene (PA) composites are 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 composite demand in automotive.
Some of the features of this report:
Some of the features of this report:
- Market size estimates: Growth opportunities in the North American automotive composites market in terms of value ($M) and volume (M lbs.) shipment
- Trend and forecast analysis: North American automotive composites market trend (2010-2015) and forecast (2016-2021) by segment
- Segmentation analysis: North American automotive composites market size from 2010 to 2021 by material type, resin composites type, fiber composite type, resin group type, application type.
- Regional analysis: North American automotive composites market breakdown by different country types such as USA, Mexico, and Canada.
- Growth opportunities: Analysis of growth opportunities in different material type, resin composites type, fiber composite type, resin group type, application type, and regions of North American automotive composites market.
- Strategic analysis: This includes M&A, new product development, competitive landscape, and expansion strategies of North American automotive composites suppliers.
- Emerging applications: Emerging applications of automotive composites in the North American automotive composites market.
- Analysis of the competitive intensity of the industry based on Porter’s Five Forces model.
Table of Contents
List of Figures
Figure 2.5: Classification of North American Automotive Composites Market by Application
Figure 2.6: Interior Headliner
Figure 2.7: Load Floor and Trunk Separator
Figure 2.8: Instrument Panel
Figure 2.9: Door Module
Figure 2.10: Air Bag Housing
Figure 2.11: Automotive Underbody System
Figure 2.12: Bumper Beam
Figure 2.13: Front End Carrier (Including Bumper Beam and Other Accessories)
Figure 2.14: Automotive Running Board
Figure 2.15: Door Handle
Figure 2.16: Deck Lid
Figure 2.17: Carbon Fiber Hood of Corvette
Figure 2.18: Headlamp Reflectors
Figure 2.19: Auto Fenders
Figure 2.20: Composite Pickup Box/Bed
Figure 2.21: Air Intake Manifold
Figure 2.22: Air Cleaner Housing
Figure 2.23: Air Duct
Figure 2.24: Air Cleaner Housing
Figure 2.25: Engine Cover
Figure 2.26: Air Cleaner Housing
Figure 2.27: Heating and Cooling Systems
Figure 2.28: Automotive Connectors
Figure 2.29: Supply Chain of the North American Automotive Composites Market
Figure 2.30: Major Drivers and Challenges for the automotive composites in North America
Figure 3.1: Trends of the Global GDP Growth Rate (Source: Lucintel)
Figure 3.2: Trends of the Regional GDP Growth Rate at Constant Price (Source: Lucintel)
Figure 3.3: Forecast for the Global GDP Growth Rate (Source: Lucintel)
Figure 3.4: Forecast for the Regional GDP Growth Rate (Source: Lucintel)
Figure 3.5: North American Light Vehicle Production (in Million Units) from 2010 to 2015 (Source: Lucintel)
Figure 3.6: North American Light Vehicle Production (in Million Units) from 2016 to 2021 (Source: Lucintel)
Figure 3.7: North American Automotive Composites Market (M lbs) by Material Type in 2015
Figure 3.8: North American Automotive Composites Market ($M) by Material Type in 2015
Figure 3.9: Trends of the North American Automotive Composites Market (M lbs) by Material Type from 2010 to 2015
Figure 3.10: Trends of the North American Automotive Composites Market ($M) by Material Type from 2010 to 2015
Figure 3.11: Forecast for the North American Automotive Composites Market (M lbs) by Material Type from 2016 to 2021
Figure 3.12: Forecast for the North American Automotive Composites Market ($M) by Material Type from 2016 to 2021
Figure 3.13: North American Automotive Composites Market (M lbs) by Resin Type in 2015
Figure 3.14: North American Automotive Composites Market ($M) by Resin Type in 2015 (Total Market Size: 1,934.5 M)
Figure 3.15: Trends of the North American Automotive Composites Market (M lbs) by Resin Type from 2010 to 2015
Figure 3.16: Trends of the North American Automotive Composites Market ($M) by Resin Type from 2010 to 2015
Figure 3.17: Forecast for the North American Automotive Composites Market (M lbs) by Resin Type from 2016 to 2021
Figure 3.18: Forecast for the North American Automotive Composites Market ($M) by Resin Type from 2016 to 2021
Figure 3.19: North American Automotive Composites Market (M lbs) by Application in 2015
Figure 3.20: North American Automotive Composites Market ($M) by Application in 2015
Figure 3.21: Trends of the North American Automotive Composites Market (M lbs) by Application from 2010 to 2015
Figure 3.22: Trends of the North American Automotive Composites Market ($M) by Application from 2010 to 2015
Figure 3.23: Forecasts of the North American Automotive Composites Market (M lbs) by Application from 2010 to 2015
Figure 3.24: Forecast for the North American Automotive Composites Market ($M) by Application from 2016 to 2021
Figure 3.25: North American Automotive Composites Market (M lbs) by Resin Group in 2015
Figure 3.26: North American Automotive Composites Market ($M) by Resin Group in 2015
Figure 3.27: Trends of the North American Automotive Composites Market (M lbs) by Resin Group from 2010 to 2015
Figure 3.28: Trends of the North American Automotive Composites Market ($M) by Resin Group from 2010 to 2015
Figure 3.29: Forecast for the North American Automotive Composites Market (M lbs) by Resin Group from 2016 to 2021
Figure 3.30: Forecast for the North American Automotive Composites Market ($M) by Resin Group from 2016 to 2021
Figure 3.31: North American Automotive Composites Market (M lbs) by Fiber Type in 2015 (Total Market Size: 1,811.6 M lbs)
Figure 3.32: North American Automotive Composites Market ($M) by Fiber Type in 2015 (Total Market Size: 1,934.5 M)
Figure 3.33: Trends of the North American Automotive Composites Market (M lbs) by Fiber Type from 2010 to 2015
Figure 3.34: Trends of the North American Automotive Composites Market ($M) by Fiber Type from 2010 to 2015
Figure 3.35: Forecast for the North American Automotive Composites Market (M lbs) by Fiber Type from 2016 to 2021
Figure 3.36: Forecast for the North American Automotive Composites Market ($M) by Fiber Type from 2016 to 2021
Figure 6.1: Growth Opportunities for North American Automotive Composites Market by Material from 2016 to 2021
Figure 6.2: Growth Opportunities for North American Automotive Composites Market by Application 2021
Figure 6.3: Growth Opportunities for the North American Automotive Composites Market by Resin Type 2021
Figure 6.4: Emerging trends in the North American Automotive Composites Market
Figure 7.1: Sales, Manufacturing and Research and Development sites of Polynt Composites in North America
Figure 7.2: Sales, Manufacturing and Research and Development sites of Lanxess in North America
Figure 7.3: Sales, Manufacturing and Research and Development sites of Dupont in North America
Figure 7.4: Sales, Manufacturing and Research and Development sites of BASF in North America
Figure 7.5: Sales, Manufacturing and Research and Development sites of Celanese in North America
Figure 7.6: Sales, Manufacturing and Research and Development sites of RTP in North America
Figure 7.7: Sales, Manufacturing and Research and Development sites of SABIC in North America
Figure 7.8: Sales, Manufacturing and Research and Development sites of Continental Structural Plastics in North America
List of Tables
Table 3.1: Trends of North American Automotive Composites Market by Material type
Table 3.2: Forecast for North American Automotive Composites Market by Material type
Table 3.3: Trends of the North American Automotive Composites Market by Resin Type from 2010 to 2015
Table 3.4: Forecast for the North American Automotive Composites Market ($M and Mlbs) by Resin Type from 2016 to 2021
Table 3.5: Trends of the North American Automotive Composites Market by Application
Table 3.6: Forecast for the North American Automotive Composites Market by Application
Table 3.8: Forecasts of the North American Automotive Composites Market by Resin group
Table 3.9: Trends of the North American Automotive Composites Market by Fiber Type
Table 3.10: Forecast for the North American Automotive Composites Market by Fiber Type
Table 5.1: Product Mapping of Thermoset Composites Suppliers
Table 5.2: Product Mapping of Thermoplastics Composites Suppliers
Table 5.3: Product mapping of the top glass fiber companies that manufacture thermoset and thermoplastic composites
Table 5.4: Product mapping of the top carbon fiber companies that manufacture thermoset and thermoplastic composites
Table 5.5: Product mapping of the top resin companies
Table 5.6: Operational Integration of the North American Automotive composite market
Table 5.7: Operational Integration of the North American Automotive composite market
Table 6.1: New Product Launches by Major Automotive Composite Manufacturers (2010-2015)
Table 6.2: New Material Launches by Major Automotive Composite Manufacturers (2010-2015)
Table 6.3: Technological Advancement in the North America Automotive Composites industry
Table 6.4: Certification and Licensing
Methodology
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.
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Key Questions
- • What are some of the most promising, high-growth in the market by application type ( interior, exterior, power train, chassis, under the body systems, and others), resin group (PP composites, PBT composites, vinyl ester composites, polyester composites, PA composites, epoxy composites, phenolic composites, and other composites), material (SMC, BMC, LFT, SFT, GMT, Phenolic composites, PU composites, and other composites), fiber composite group (glass fiber composites, carbon fiber composites, and natural fiber composites),resin group ( thermoset composites and thermoplastics composites) Country ( US, Canada, and Mexico) in North America?
- • Which product segments will grow at a faster pace and why?
- • What are the key factors affecting market dynamics? What are the drivers and challenges in the market?
- • What are the business risks and competitive threats in the North American automotive composite market?
- • What are the emerging trends in this market and reasons behind them?
- • What are the changing demands of customers in the market?
- • What are the new developments in the market and which North American automotive composite companies are leading these developments?
- • Who are the major North American automotive composite suppliers? What strategic initiatives are being implemented by key players for business growth?
- • What are some of the competitive products of North American automotive composite companies in this area and how great a threat do they pose for loss of market share through product substitution?
- • What M&A activity has occurred in the last 5 years?
