Global Automotive Composite Market Size & Outlook
Global automotive composite market, 2016-2027 (US$M)
Related Markets
Global automotive composite market highlights
- The global automotive composite market generated a revenue of USD 19,082.8 million in 2019 and is expected to reach USD 24,959.1 million by 2027.
- The market is expected to grow at a CAGR (2020 - 2027) of 3.4% by 2027.
- In terms of segment, polymer matrix composites accounted for a revenue of USD 14,363.5 million in 2019.
- Metal Matrix Composites is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2019.
- Country-wise, Germany is expected to register the highest CAGR from 2020 to 2027.
Global data book summary
| Market revenue in 2019 | USD 19,082.8 million |
| Market revenue in 2027 | USD 24,959.1 million |
| Growth rate | 3.4% (CAGR from 2019 to 2027) |
| Largest segment | Polymer matrix composites |
| Fastest growing segment | Metal Matrix Composites |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polymer Matrix Composites, Metal Matrix Composites, Ceramic Matrix Composites |
Other key industry trends
- In terms of revenue, the North America accounted for 20.8% of the global automotive composite market in 2019.
- By country, the China is projected to lead the global market in terms of revenue in 2027.
- By country, Germany is the fastest growing regional market and is projected to reach USD 1,307.2 million by 2027.
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Automotive Composite Market Scope
Automotive Composite Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global automotive composite market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive composite market will help companies and investors design strategic landscapes.
Polymer matrix composites was the largest segment with a revenue share of 75.27% in 2019. Horizon Databook has segmented the Global automotive composite market based on polymer matrix composites, metal matrix composites, ceramic matrix composites covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Automotive Composite Product Outlook (Revenue, USD Million, 2016-2027)
- Polymer Matrix Composites
- Glass Fiber Reinforced Polymer Composite
- Natural Fiber Reinforced Polymer Composite
- Carbon Fiber Reinforced Polymer Composite
- Metal Matrix Composites
- Ceramic Matrix Composites
- Polymer Matrix Composites
- Global Automotive Composite Application Outlook (Revenue, USD Million, 2016-2027)
- Interior Components
- Exterior Components
- Structural & Powertrain Components
- Others
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Target buyers of Global automotive composite market databook
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Our clientele includes a mix of automotive composite market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global automotive composite market , including forecasts for subscribers. This global databook contains high-level insights into Global automotive composite market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
Global automotive composite market size, by regions, 2016-2027 (US$M)
Top 10 countries: Automotive composite market size, 2019 (US$M)
Global automotive composite market share, by product, 2019 & 2027 (%, US$M)
Automotive composite market: Opportunity assessment by country
Global automotive composite market, by region, 2019 (US$M)
Related regional statistics
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