Key Trends in the Market
Carbon fiber composites are carbon compounds that are made by combining carbon fiber with a resin such as vinyl ester or epoxy. Carbon composites are known for their high strength, lightweight, and durability, making them an excellent alternative to heavy metals like steel. Carbon composites are corrosion-resistant and are used in various sectors, including automotive, transportation, healthcare, energy, and infrastructure.- As per the Germany automotive carbon fiber composites market analysis, automobile export from the country is significantly increasing. The automotive sector in Germany is growing owing to the superior product quality of vehicles, world-class engineering, and increasing public and private investments toward the development of the latest automobile technologies. Carbon fiber composites offer a high strength-to-weight ratio and impact and corrosion resistance, hence they are widely used in automobiles.
- The rising environmental consciousness among the masses, coupled with the rising prices of fuels, has led to a surge in the demand for electric vehicles. This has led to an increase in the demand for a strong, durable, and lightweight material that can be used in electric vehicles to reduce dependence on petrol and diesel automobiles. Carbon fiber has emerged as a popular choice among manufacturers in Germany to manufacture various parts of electric vehicles.
- Technological advancements in the automotive sector further support the Germany automotive carbon fiber composites market growth. The emergence of 3D technology in manufacturing assists in the efficient, cost-effective, swift, and accurate production of required components made with carbon composites. Additionally, 3D technology, by reducing operational costs, allows the use of carbon composites in industrial and commercial vehicles.
Market Segmentation
The report titled “Germany Automotive Carbon Fiber Composites Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:Market Breakup by Production Type
- Hand Layup
- Resin Transfer Moulding
- Vacuum Infusion Processing
- Injection Moulding
- Compression Moulding
Market Breakup by Application
- Structural Assembly
- Powertrain Component
- Interior
- Exterior
- Others
Market Share by Production Type
Hand layup is expected to hold a significant portion of the Germany automotive carbon fiber composites market share over the forecast period as it is one of the widely used carbon fiber production methods. It involves stacking dried carbon fiber sheets in a mould with resin applied between them. After that, layers are debulked to remove any air trapped between the layers.Meanwhile, the injection moulding segment is expected to witness steady growth over the forecast period as it is an automated process that can quickly produce large volumes of carbon fiber.
Market Share by Application
Carbon fiber composites are extensively used in the structural assembly of automobiles as they offer high durability and impact resistance. The lightweight properties of carbon fiber composites help to considerably reduce the overall automobile weight, resulting in better fuel efficiency and reduced carbon emission. The introduction of stringent government regulations aimed at reducing carbon footprints from automobiles is expected to be one of the major Germany automotive carbon fiber composites market trends in the coming years.Competitive Landscape
The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Germany automotive carbon fiber composites market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.BASF SE
BASF SE is a European multinational company founded in 1865 and headquartered in Ludwigshafen, Germany. The company is one of the largest chemical manufacturers in the world. BASF has been serving customers in more than 190 countries around the globe, providing products for various sectors, including automobiles.SGL Carbon SE
SGL Carbon SE is a German company that started its operations in 1992 and deals in the manufacturing of carbon products. The company is one of the world's leading producers of carbon-based products. The company covers the entire integrated supply chain for carbon fiber.Solvay Group
Solvay Group is a Belgium-based company that deals in chemicals and plastics. Headquartered in Neder-Over-Heembeek, Brussels, the company was founded in 1863. Solvay offers a wide range of carbon fiber products that deliver superior structural, thermal, electrical, and frictional performance.Other Germany automotive carbon fiber composites market players include Toray Industries, Inc., BMW AG, Hexcel Corporation, Teijin Limited, Voith GmbH & Co. KGaA, Muhr und Bender KG, and Cotesa GmbH, among others.
Table of Contents
Companies Mentioned
- BASF SE
- SGL Carbon SE
- Solvay Group
- Toray Industries, Inc.
- BMW AG
- Hexcel Corporation
- Teijin Limited
- Voith GmbH & Co. KGaA
- Muhr und Bender KG
- Cotesa GmbH