“Top 20 Companies in the Automotive Composites market revealed in new Visiongain report”

16 August 2018
Automotive

Visiongain’s unique new report the Top 20 Automotive Composite Companies 2018: Market Share % of Leading Automotive OEMs & Composites Specialists Developing Carbon Fibre Reinforced Plastics (CFRP), Glass Fibre Reinforced Plastics (GFRP), Aramid Fibre Reinforced Plastics (AFRP), PMC, CMC & MMC for Durability, Performance & Vehicle Weight Reduction to Improve Fuel Efficiency & Meet Emissions Targets reveals the market share, revenues and ranking of the Top 20 companies in the automotive composites industry.

The Visiongain analyst noted: "The use and presence of composites in the automotive sector is substantially higher than previously. Car manufacturers are starting to use composite materials for the production of urban and middle-range cars even more. The first attempt at using composites into lower-end vehicles was on BMW’s i3. BMW i3 is an electric car which means that the use of carbon fibre makes more economic sense because lithium-ion batteries are expensive. Less weight means a smaller battery pack, a worthwhile trade-off. Furthermore, the incorporation of carbon fibre into more lower-end vehicles, such as BMW’s electric i3, has brought economies of scale to the production of carbon fibre and its usage in high-volume segments."

Currently, steel and iron constitute around 70% of the materials used in a medium-end vehicle by weight, whereas aluminium accounts for around 10%. Plastics, including carbon fibre and other composites, amount to 9%. The remaining 11% is attributed to other materials.

The automotive industry has shifted its focus to light-weight materials. Indeed, composites such as carbon fibre are sought as a substitute for steel and aluminium creating opportunities for light-weighting which could further enable higher fuel efficiency and help in meeting increasingly stringent emission targets set by governments.

Visiongain’s report provides the market share, ranking and strategy details of the top 20 companies in the automotive composites market, including both automotive OEMs and composite specialists.

In addition, the report contains an analysis of the opportunities within the overall automotive composites market.

The Top 20 Automotive Composite Companies 2018 report will be of value to anyone who wants to better understand the automotive composites market and its competitive landscape. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the automotive composites industry.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100

About Visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business conferences, newsletters, management reports and e-zines focusing on the automotive, chemical, cyber, defence, energy, pharmaceutical, materials and telecoms sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

Recent News

Visiongain Publishes Automotive Powertrain Market Report 2022-2032

The major factors driving the demand for the passenger powertrain market are the rising demand for automated transmission and the growing trend of engine downsizing as it can reduce fuel consumption and emissions, at the same time providing the required performance of a larger engine.

24 January 2022

Read

Visiongain Publishes Advanced Truck Technologies Market Report 2022-2032

Improved infrastructure, increased urbanisation, and a more professional logistics sector will drive demand for larger and more sophisticated vehicles in both Asia and Africa, in addition to the usual low-cost market.

21 January 2022

Read

Visiongain Publishes Automation & Robotics in Automotive Manufacturing Market Report 2022-2032

The advantages of using industrial robotics in the manufacturing business have been extensively documented in recent years; they can be quickly programmed to adapt to new production lines, have a lower margin of error than humans, and work for longer periods of time with minimum supervision.

12 January 2022

Read

Visiongain Publishes Automotive Chips Market Report 2022-2032

Consumer electronics, data processing, and communication electronics are predicted to increase steadily, while automotive and industrial electronics are expected to be the fastest growing markets in the semiconductor industry.

31 December 2021

Read

Kelloggs
3m
Thales
Shell
TEVA
Lockheed-Martin
Pfizer
Raytheon
Halliburton
Du-Pont
Honeywell
Daimler
BASF
Bayer
BP
BAE-Systems
Unilever