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

Trends, opportunities and forecast in Glass Fiber in the Automotive Composites Market in MENA to 2028 by application type (interior, exterior, power train system/engine components, chassis system, under the body systems, electrical and electronics, and others), intermediate material (SMC and BMC, LFT, SFT, CFT,GMT, PMC, and Others (PU resin)), and product (Chopped and Roving)

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

Report Feature

The future of automotive glass fiber composites market in MENA looks good with opportunities in various applications such as exterior, interior, power train system/engine components, chassis system, electrical and electronics, under body system, and others. 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 industry, include strategic alliances between OEMs, glass fiber, and resin suppliers in the automotive composites industry. 
 
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 automotive glass fiber composites market in MENA report, download the report brochure. 
 
Automotive Glass fiber Composites Market in MENA by Segment:
2014-2025 (US $M) (Randomized Data)

Automotive Glass fiber Composites Market in MENA by Segment


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

Trends and Forecasts for Automotive Glass Fiber Composites Market in MENA
 
The study includes market size and forecast for automotive glass fiber composites market in MENA by application, intermediates, and product as follows: 

Automotive glass fiber composites market by Application Type (Value ($M) and Volume (M lbs) from 2014 to 2025): 
  • Interior
  • Exterior
  • Under the body systems
  • Chassis System
  • Power train system/Engine Components 
  • Electrical and Electronics
  • Others
Automotive glass fiber composites market by Intermediates Type (Value ($M) and Volume (M lbs) from 2014 to 2025): 
  • 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)
  • Others  
Automotive glass fiber composites market by Product Type (Value ($M) and Volume (M lbs) from 2014 to 2025)
  • Chopped
  • Roving
On the basis of its comprehensive research, Lucintel forecasts that the power train system/ engine component is expected to be the largest market and the under the body  is expected to show the highest growth rate during the forecast period of 2020 to 2025.  
 
Within glass fiber market for automotive, 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. 

Some of the features of “Opportunities for the Automotive Glass Fiber Composites Market in MENA 2014- 2025: Trends, Forecast, and Opportunity Analysis” include:
 
  • Market size estimates: Automotive glass fiber composites market size estimation in terms of value ($M) and volume (M Lbs.) shipment.
  • Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by application, intermediates, and product.
  • Segmentation analysis: Automotive glass fiber composites market size by various applications such as application, intermediates, product.
  • Growth opportunities: Analysis on growth opportunities in different application, intermediates, and product.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

Table of Contents

1. Executive Summary 6. Company Profiles of Leading Players

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 automotive glass fiber composites market by application type (interior, exterior, power train system/engine components, chassis system, under the body systems, electrical and electronics and others), intermediate material (SMC and BMC, LFT, SFT, CFT,GMT, PMC, Others (PU resin), and product (Chopped and Roving)?
  • 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 automotive glass fiber composites 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 automotive glass fiber composites market?
  • What are the new developments in the market? Which companies are leading these developments?
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