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The future of carbon fiber in the automotive market in South Korea looks promising with opportunities in the exterior, interior, chassis, powertrain, and under body system market. The major growth drivers for this market are increasing automotive production and growing demand for lightweight material 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 carbon fiber in the automotive industry, include development of hybrid, low cost, and recyclable carbon fiber for automotive market.
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this carbon fiber in the automotive market in South Korea report download the report brochure.
Carbon Fiber in the Automotive Market in South Korea by Segment:
2014-2025 (US $M) (Randomized Data)
Trends and Forecasts for Carbon Fiber in the Automotive Market
in South Korea: 2014-2025 (US $M) (Randomized Data)
The study includes market size and market trends and forecasts for carbon fiber in the automotive market in South Korea by application and material as follows:
Carbon Fiber in Automotive Market by Application (Volume (M lbs.) and $M shipment analysis for 2014 to 2025):
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Exterior
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Chassis system
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Interior
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Pressure vessel
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Power train system
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Under body system
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Others
Carbon Fiber in Automotive Market by Material (Volume (M lbs) and $M shipment analysis for 2014 to 2025):
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Textile
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Long Fiber Thermoplastic (LFT)
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Sheet Molding Compound (SMC)
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Short Fiber Thermoplastic (SFT)
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Prepreg
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Other Thermosets
Lucintel forecasts that the carbon fiber textile is expected to remain the largest market by value and volume due to increasing demand in automotive exterior applications.
Within this market, exterior will remain the largest application by value and volume due to increasing usage of carbon fiber in hood, fender, panel, roof, front end module, and wind shield. Lucintel predicts that the demand for carbon fiber in chassis application is expected to experience the highest growth in the forecast period.
Some of the features of “Opportunities for the Carbon Fiber in the Automotive Market in South Korea 2014-2025: Trends, Forecast and Competitive Analysis” include:
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Market size estimates: Carbon fiber in the automotive market size estimation in terms of value ($M) and volume (M Lbs.) shipment.
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Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by application and material.
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Segmentation analysis: Carbon fiber in the automotive market size by application (exterior, power train system, under body system, chassis system, pressure vessel, interior and others) and material (SMC, LFT, SFT, Prepreg and RTM and Other thermoset) in terms of value.
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Growth opportunities: Analysis on growth opportunities in different application and material of carbon fiber in the automotive market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers the following 7 key questions:
Q.1.What are some of the most promising, high-growth of carbon fiber in the automotive composites market in South Korea by application (exterior, power train system, under body system, chassis system, pressure vessel, interior and others) and material (SMC, LFT, SFT, Prepreg and RTM and Other thermoset)?
Q.2.Which application segments will grow at a faster pace and why?
Q.3.What are the key factors affecting market dynamics? What are the drivers and challenges for carbon fiber in the automotive composites market?
Q.4.What are the business risks and competitive threats for carbon fiber in the automotive composites market?
Q.5.What are emerging trends for carbon fiber in the automotive composites market and reasons behind them?
Q.6.What are some changing demands of customers for carbon fiber in the automotive composites market?
Q.7.What are the new developments for carbon fiber in the automotive composites market and which companies are leading these developments?