Name: South Africa Thermoset Resin in the Automotive Composites Market: Market Size, Share & Growth [2028]
Creator: Lucintel
Published: 2020-01-10
License: https://www.lucintel.com/terms/

Report Feature

The future of automotive thermoset resin composites market in South Africa looks good with opportunities in interior, exterior and others components. 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 automotive thermoset resin composites industry, include development of rapid cure resin systems, emergence of bio based thermosets, and increasing use of Fire, Smoke, and Toxic (FST) resin.

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 automotive thermoset resin composites market in South Africa report, download the report brochure.

Thermoset Resin in the Automotive Composites Market in South Africa
by Segment: 2014-2025 (US $M) (Randomized Data)

Trends and Forecasts for Thermoset Resin in the Automotive Composites
Market in South Africa: 2014-2025 (US $M) (Randomized Data)

The study includes a forecast for automotive thermoset resin composites market in South Africa by components, application, intermediate material type, and resin type as follows:

Automotive thermoset resin composites market by Automotive Components (Value ($M) and Volume (M lbs) from 2014 to 2025):

Interior
Exterior
Others

Automotive thermoset resin composites market by Automotive Applications (Value ($M) and Volume (M lbs) from 2014 to 2025):

Pickup box
Closer panel
Body panel
Fenders
GOR
Heat Shield
Headlamp reflectors
Others

Automotive thermoset resin composites market by Material Type (Value ($M) and Volume (M lbs) from 2014 to 2025):

Sheet Molding Compound(SMC)
Bulk Molding Compound(BMC)
Short Fiber Thermoset (SFT)
Phenolic Molding Compound (PMC)
Others

Automotive thermoset resin composites market by Resin Type (Value ($M) and Volume (M lbs) from 2014 to 2025):

Polyester
Vinylester
Phenolic
Epoxy
Polyurethane

On the basis of its comprehensive research, Lucintel forecasts that the exterior component is expected to be the largest market and expected to show the highest growth rate during the forecast period of 2020 to 2025.

Within the thermoset resin in the automotive composites market, sheet molding Compound/bulk molding compound (SMC/BMC), phenolic molding compound (PMC), and others are the major intermediate materials to manufacture automotive parts. SMC/BMC is expected to remain the largest market by value and volume, mainly driven by lowering the weight of the vehicle as well as offering parts consolidation, corrosion resistance, and lower capital investment for shorter series production.

Some of the features of “Opportunities of Thermoset Resin in the Automotive Composites Market in South Africa 2014-2025: Trends, Forecast, and Opportunity Analysis” include:

Market size estimates: Automotive thermoset resin composites market size estimation in terms of value ($M) and volume (M Lbs) shipment.
Trend and forecast analysis: Automotive thermoset resin composites market trend (2014-2019) and forecast (2020-2025) by components, application, intermediate material type, and resin type.
Segmentation analysis: Automotive thermoset resin composites market size by type (interior, exterior and others), application (pickup box, closer panel, body panel, fenders, GOR, heat shield, headlamp reflectors, others), resin (polyester, vinylester, epoxy, phenolic and polyurethane resin), and material (SMC/BMC, PMC, prepreg and others) in terms of value.
Growth opportunities: Analysis on growth opportunities in different components, application, intermediate material type, and resin type.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

5.1.1 Growth Opportunities (2014-2025) for Thermoset Resin in the Automotive Composites Market in South Africa by Resin 5.1.2 Growth Opportunities (2014-2025) for Thermoset Resin in the Automotive Composites Market in South Africa by Application 5.1.3 Growth Opportunities (2014-2025) for Thermoset Resin in the Automotive Composites Market in South Africa by Material Type 5.1.4: Growth Opportunities (2014-2025) for Thermoset Resin in the Automotive Composites Market in South Africa by Components Type

5.2 Emerging Trends in the Thermoset Resin Market in Automotive Industry

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 market by automotive component market in South Africa by type (interior, exterior and others), application (pickup box, closer panel, body panel, fenders, GOR, heat shield, headlamp reflectors, others), resin (polyester, vinylester, epoxy, phenolic and polyurethane resin), and material (SMC/BMC, PMC, prepreg and others)?
• 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 thermoset resin 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 the Automotive thermoset resin composites market?
• What are the new developments in the market? Which automotive thermoset resin composite companies are leading these developments?

Opportunities for the Thermoset Resin in the Automotive Composites Market in South Africa

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