Opportunities for the Carbon Fiber in the Automotive Composites Market in MENA

Trends, opportunities and forecast in Carbon Fiber in the Automotive Composites Market in MENA to 2028 by application type (exterior, power train system, under body system, chassis system, pressure vessel, interior, and others) and material (SMC, LFT, SFT, prepreg layup, RTM, and other thermosets)

Publisher: Lucintel Published: January 2020
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Opportunities for the Carbon Fiber in the Automotive Composites Market in MENA

Report Feature

The future of automotive composites carbon fiber market in MENA looks promising with opportunities in various applications, including exterior, power train system, under body system, chassis system, pressure vessel, interior, and others. The major growth drivers for this market are increasing automotive production and growing demand for lightweight materials due to stringent government regulations to increase fuel efficiency and reduce greenhouse gas emissions. Other major growth drivers include the growing demand for carbon fiber-reinforced plastics (CFRP) in luxury cars, race cars and other high-performance cars. 
 
Emerging trends, which have a direct impact on the dynamics of the automotive composites carbon fiber industry, include development of transformative technologies and material systems to make carbon fiber parts for mass-volume vehicles. 
 
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 the automotive composites carbon fiber market in MENA report, download the report brochure. 
 
Carbon Fiber in the Automotive Composites Market in MENA
by Segment: 2014-2025 (US $M) (Randomized Data)
Carbon Fiber in the Automotive Composites Market in MENA by Segment


Trends and Forecasts for Carbon Fiber in the Automotive Composites
Market in MENA: 2014-2025 (US $M) (Randomized Data)

Trends and Forecasts for Carbon Fiber in the Automotive Composites Market in MENA

The study includes a forecast for automotive composites carbon fiber market in MENA by application and material as follows:
 
Automotive composites carbon fiber market by Application Type (Value ($M) and Volume (M lbs) from 2014 to 2025): 
  • Interior
  • Exterior
  • Under the body systems
  • Chassis System
  • Power train system 
  • Pressure Vessel
  • Others

Automotive composites carbon fiber market by Material Type (Value ($M) and Volume (M lbs) from 2014 to 2025): 
  • Sheet Molding Compound (SMC) 
  • Short Fiber Thermoplastic (SFT) 
  • Long Fiber Thermoplastic (LFT) 
  • Prepreg 
  • Others
Based on Lucintel’s comprehensive research, exterior is expected to remain the largest market, and chassis system is expected to show the highest growth rate during the forecast period from 2020 to 2025.  
 
Within carbon fiber market for automotive, sheet molding compound (SMC), short fiber thermoplastic (SFT), long fiber thermoplastic (LFT), and prepreg, are the major materials to manufacture automotive components. LFT is expected to remain the largest market by value and volume, mainly driven by applications where high strength-to-weight ratios and high resistance to chemicals, heat and corrosion have prime importance. 

Some of the features of “Opportunities for the Carbon Fiber in the Automotive Composites Market in MENA 2014-2025: Trends, Forecast, and Opportunity Analysis” include:
  • Market size estimates: Automotive composites carbon fiber market size estimation in terms of value ($M) and volume (M Lbs.) shipment.
  • Trend and forecast analysis: Automotive composites carbon fiber market trend (2014-2019) and forecast (2020-2025) by application and material.
  • Segmentation analysis: Automotive composites carbon fiber market market size by application type (exterior, power train system, under body system, chassis system, pressure vessel, interior, and others) and material (SMC, LFT, SFT, prepreg layup,  RTM, and other thermosets) in terms of value.
  • Growth opportunities: Analysis on growth opportunities in different application and material.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

Table of Contents

Methodology

Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's 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 this 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 Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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Key Questions

  • What are some of the most promising, high-growth segments in the carbon fiber in the automotive composites market in MENA by application type (exterior, power train system, under body system, chassis system, pressure vessel, interior, and others) and material (SMC, LFT, SFT, prepreg layup, RTM, and other thermosets)?
  • Which segments will grow at a faster pace and why?
  • What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in the automotive composites carbon fiber market?
  • What are the business risks and competitive threats in this market?
  • What are the emerging trends in this market and the reasons behind them?
  • What are some of the changing demands of customers in the automotive composites carbon fiber market?
  • What are the new developments in the market? Whichautomotive composites carbon fiber companies are leading these developments?
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