The future of the glass fiber in the global automotive composites market looks promising with opportunities in interior, exterior, powertrain system/engine components, under the body, and electrical and electronics applications. The glass fiber in the global automotive composites market is declined in 2020 due to the global economic recession led by COVID-19. However, the market will witness recovery in the year 2021, and it is expected to reach an estimated $2.7 billion by 2026 with a CAGR of 5.5% from 2021 to 2026. The major growth drivers for this market are increasing automotive production and growing demand for lightweight and durable materials due to stringent government regulations to increase fuel efficiency and reduce greenhouse gas emissions.
Emerging trends, which have a direct impact on the dynamics of the glass fiber in the global automotive composites market, include development of high performance glass fiber.
A total of 93 figures/charts and 76 tables are provided in this 234-page report to help in your business decisions. have the potential for To learn the scope of benefits, companies researched, and other details of the glass fiber in the global automotive composites market report, then read this report.
In this market sheet molding compound (SMC) and bulk molding compound (BMC), glass mat thermoplastic (GMT), short fiber thermoplastic (SFT), long fiber thermoplastic (LFT), continuous fiber thermoplastic (CFT), phenolic molding compound (PMC) and others are the intermediate materials to manufacture automotive components. SFT is expected to remain the largest market by value and volume, mainly driven by applications such as small complex shaped components in power train system/engine components applications.
Within the glass fiber in the global automotive composites market, powertrain system/engine components will remain the largest end use industry by value and volume due to growing demand for lightweight composite parts. Underbody system is expected to witness highest growth over the forecast period.
Europe is expected to remain the largest market due to higher penetration of composites in automotive than other region. APAC & ROW is also expected to witness the highest growth over the forecast period.
Some of the glass fiber in the global automotive composites manufacturers profiled in this report includes Owens Corning, Jushi Group, John’s Manville, CPIC, and Taishan Fiberglass.
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 glass fiber in the global automotive composites market?
Q.5 What are the business risks and threats to the glass fiber in the global automotive composites market?
Q.6 What are emerging trends in this glass fiber in the global automotive composites market and the reasons behind them?
Q.7 What are some changing demands of customers in the glass fiber in the global automotive composites market?
Q.8 What are the new developments in the glass fiber in the global automotive composites market? Which companies are leading these developments?
Q.9 Who are the major players in the glass fiber in the global automotive composites 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 the glass fiber in the global automotive composites market, 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 did take place in the last five years in the glass fiber in the global automotive composites market?
Emerging trends, which have a direct impact on the dynamics of the glass fiber in the global automotive composites market, include development of high performance glass fiber.
A total of 93 figures/charts and 76 tables are provided in this 234-page report to help in your business decisions. have the potential for To learn the scope of benefits, companies researched, and other details of the glass fiber in the global automotive composites market report, then read this report.
The study includes trends and forecasts for the glass fiber in the global automotive composites market by application, intermediate material, and region as follows:
By Application [Volume (M lbs) and $M shipment analysis from 2015 to 2026]:
- Interior
- Exterior
- Powertrain System/Engine Components
- Under the Body
- Electrical & Electronics
- Others
By Intermediate Material [Volume (M lbs) and $M shipment analysis from 2015 to 2026]:
- 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 Molding Compound (PMC)
By Region [Volume (M lbs) and $M shipment analysis from 2015 to 2026]:
- North America
- Europe
- Asia Pacific and Rest of the world
In this market sheet molding compound (SMC) and bulk molding compound (BMC), glass mat thermoplastic (GMT), short fiber thermoplastic (SFT), long fiber thermoplastic (LFT), continuous fiber thermoplastic (CFT), phenolic molding compound (PMC) and others are the intermediate materials to manufacture automotive components. SFT is expected to remain the largest market by value and volume, mainly driven by applications such as small complex shaped components in power train system/engine components applications.
Within the glass fiber in the global automotive composites market, powertrain system/engine components will remain the largest end use industry by value and volume due to growing demand for lightweight composite parts. Underbody system is expected to witness highest growth over the forecast period.
Europe is expected to remain the largest market due to higher penetration of composites in automotive than other region. APAC & ROW is also expected to witness the highest growth over the forecast period.
Some of the glass fiber in the global automotive composites manufacturers profiled in this report includes Owens Corning, Jushi Group, John’s Manville, CPIC, and Taishan Fiberglass.
Features of the Glass Fiber in the Global Automotive Composites
- Market Size Estimates: Glass fiber in the global automotive composites market size estimation in terms of value ($M) shipment and volume (M lbs)
- Trend and Forecast Analysis: Glass fiber in the global automotive composites market trends (2015-2020) and forecast (2021-2026) by various segments and regions.
- Segmentation Analysis: Glass fiber in the global automotive composites market size by various segments, such applications, intermediate material, and regions in terms of value and volume.
- Regional Analysis: Glass fiber in the global automotive composites market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different application, by intermediate material, and regions for the glass fiber in the global automotive composites market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the glass fiber in the global automotive composites market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers the following 11 key questions
Q.1 What are some of the most promising potential, high-growth opportunities for the glass fiber in the global automotive composites by application (interior, exterior, powertrain system/engine components, under the body, electrical and electronics, and others), intermediate material (SMC/BMC, LFT, SFT, CFT, phenolic molding compound, and others)and region (North America, Europe, Asia Pacific and 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 glass fiber in the global automotive composites market?
Q.5 What are the business risks and threats to the glass fiber in the global automotive composites market?
Q.6 What are emerging trends in this glass fiber in the global automotive composites market and the reasons behind them?
Q.7 What are some changing demands of customers in the glass fiber in the global automotive composites market?
Q.8 What are the new developments in the glass fiber in the global automotive composites market? Which companies are leading these developments?
Q.9 Who are the major players in the glass fiber in the global automotive composites 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 the glass fiber in the global automotive composites market, 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 did take place in the last five years in the glass fiber in the global automotive composites market?
Table of Contents
1. Executive Summary2. Glass Fiber in the Global Automotive Composites Market Dynamics2.1: Introduction, Background, and Classifications
2.1: Supply Chain
2.2: Industry Drivers and Challenges
3. Market trends and forecasts Analysis from 2015 to 20263.1: Macroeconomic trends and forecasts
3.1.1: Macroeconomic Trends
3.1.2: Macroeconomic Forecast
3.2: Glass Fiber in the Global Automotive Composites Market trends and forecasts
3.3: Glass Fiber in the Global Automotive Composites Market by Application
3.3.1: Interior
3.3.2: Exterior
3.3.3: Powertrain System/ Engine components
3.3.4: Under the Body
3.3.5: Electrical and Electronics
3.3.6: Others
3.4: Glass Fiber in the Global Automotive Composites Market by Intermediate Material
3.4.1: SMC/BMC
3.4.2: GMT
3.4.3: LFT
3.4.4: SFT
3.4.5: CFT
3.4.6: Phenolic Modling Compound
3.4.7: Others
4. Market trends and forecasts Analysis by Region4.1: Glass Fiber in the Global Automotive Composites Market by Region
4.2: North American Glass Fiber in the Global Automotive Composites Market
4.2.1:Market by Application: Interior, Exterior, Powertrain System/Engine Components and Others
4.2.2: Market by End Use Industry: SMC/B,C, GMT, LFT, SFT, CFT, Phenolic Molding Compound, and Others
4.3: European Glass Fiber in the Global Automotive Composites Market
4.3.1: Market by Application: Interior, Exterior, Powertrain System/Engine Components and Others
4.3.2: Market by End Use Industry: SMC/B,C, GMT, LFT, SFT, CFT, Phenolic Molding Compound, and Others
4.4: APAC & ROW Glass Fiber in the Global Automotive Composites Market
4.4.1: Market by Application: Interior, Exterior, Powertrain System/Engine Components and Others
4.4.2: Market by End Use Industry: SMC/B,C, GMT, LFT, SFT, CFT, Phenolic Molding Compound, and Others
5. Competitor Analysis5.1: 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 Analysis6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Glass Fiber in the Global Automotive Composites Market by Application
6.1.2: Growth Opportunities for Glass Fiber in the Global Automotive Composites Market by Intermediate Material
6.1.3: Growth Opportunities for Glass Fiber in the Global Automotive Composites Market by Regional
6.2: Emerging Trends in the Glass Fiber in the Global Automotive Composites Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Glass Fiber in the Global Automotive Composites Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Glass Fiber in the Global Automotive Composites Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players7.1: Owens Corning
7.2: Jushi Group Co., Ltd
7.3: John’s Manville
7.4: Chongqing Polycomp International Corporation
7.5: Taishan Fiberglass Inc.,
Companies Mentioned
A selection of companies mentioned in this report includes:
- Owens Corning
- Jushi Group Co., Ltd
- John’s Manville
- Chongqing Polycomp International Corporation
- Taishan Fiberglass Inc.
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the 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 the 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 professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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