Growth Opportunities for the ASEAN Automotive Composites Market 2017-2022

The future of the ASEAN (Association of Southeast Asian Nations) automotive composites market looks promising with opportunities in the passenger car and light weight truck. The ASEAN automotive composites market is forecast to grow at a CAGR of 6.5% from 2017 to 2022. 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 future of the ASEAN (Association of Southeast Asian Nations) automotive composites market looks promising with opportunities in the passenger car and light weight truck. The ASEAN automotive composites market is forecast to grow at a CAGR of 6.5% from 2017 to 2022. 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.

In this ASEAN automotive composites market, exterior, interior, and power train systems are the major applications.

ASEAN automotive composites companies profiled in this market include Polynt, Hanwha, and Polyone are among the major suppliers of composites in the ASEAN automotive composites market.

The report forecasts that the power train system is expected to be the largest market and under body system is expected to show the highest growth during the forecast period from 2017 to 2021.

Within the ASEAN automotive composites market, short fiber thermoplastic (SFT), and long fiber thermoplastic (LFT) are the major materials utilized to manufacture automotive parts. SFT is expected to remain the largest market by value and volume, mainly driven by small complex-shaped components for under the hood applications.

The glass fiber composites market is expected to remain the largest fiber segment, and the carbon fiber composites market is expected to witness the highest growth over the forecast period.

Scope of the Report

ASEAN automotive composites market by application type (Value ($M) and Volume (M lbs) shipment analysis for 2011 - 2022):

ASEAN automotive composites market by material type (Value ($M) and Volume (M lbs) shipment analysis for 2011 - 2022):

ASEAN automotive composites market by fiber composite type (Value ($M) and Volume (M lbs) shipment analysis for 2011 - 2022):

ASEAN automotive composites market by resin type (Value ($M) and Volume (M lbs) shipment analysis for 2011 - 2022):

ASEAN automotive composites market by resin group (Value ($M) and Volume (M lbs) shipment analysis for 2011 - 2022):

ASEAN automotive composites market by country (Value ($M) and Volume (M lbs) shipment analysis for 2011 - 2022):

Key Topics Covered:

1. Executive Summary

2. Market Background and Classifications

3. Market Trends and Forecast Analysis from 2011 to 2022

4. Competitor Analysis

5. Growth Opportunities and Strategic Analysis

6. Company Profiles of Leading Players

For more information about this report visit https://www.researchandmarkets.com/research/mx5c8c/growth

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