Webinar Topic: Opportunities and Challenges in Automotive Composites Market
Background:
Automotive manufacturers are the major users of composites in the transportation segment. In the global composites industry, transportation accounts for 21.7% of the total shipment. In the US automotive industry, composites usage has been growing at the rate of 4.6% annually for the last 25 years. Lightweight materials are gaining significant importance in automotive industry to drive fuel efficiency and to minimize carbon footprint. Specific challenge for automotive industry is to meet CAFÉ standards– which mandate an average fuel economy of 54.5 miles per gallon by 2025. The new rules represent a significant opportunity for carbon fiber composites since it has potential to reduce part weight by 60%. The key factor limiting the penetration of carbon fiber is its associated disadvantage of higher cost which would gradually be diluted in the coming years.
Key learning:
- Composites opportunity in automotive industry during 2013-2018.
- Major drivers and challenges for composites usage in the automotive industry.
- Technology developments and parts consolidation.
- Emerging trends in global automotive market.
Agenda at a Glance:
Title: Opportunities and Challenges in Automotive Composites Market
Speaker: Dr. Sanjay Mazumdar: CEO, Lucintel
Date: December 12, 2013
Time: 11 AM EST (New York Time)
Estimated Length of Webinar: 30 minutes
Speaker Details:
Dr. Sanjay Mazumdar, Ph.D., CEO, Lucintel
With more than 15 years of consulting and market research experience, Dr. Sanjay Mazumdar has led Lucintel in diverse projects such as strategic growth consulting, M & A, due diligence, value chain assessments, and opportunity analysis. Sanjay has been instrumental in leading and executing hundreds of projects for OEMs, Tier 1s, Tier 2s, material suppliers, and investors across aerospace, wind energy, transportation, chemical, composites and sporting goods markets. He has been chairman and speaker at various leading conferences.
Sanjay holds a Ph.D. in Mechanical Engineering from Concordia University, Montreal and has additional training in Strategic Management from MIT, Boston. He has also authored a highly endorsed book titled "Composites Manufacturing, Materials, Products and Process Engineering" and has published more than 25 technical papers for international journals and conference presentations. He worked for General Motors in the past in ultra-light weight product development project and has 2 records of innovations from GM.
Registration Information:
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