Asia Pacific Automotive Composite Market Size & Outlook
Asia Pacific automotive composite market, 2016-2027 (US$M)
Related Markets
Asia Pacific automotive composite market highlights
- The Asia Pacific automotive composite market generated a revenue of USD 9,194.1 million in 2019.
- The market is expected to grow at a CAGR of 4.3% from 2020 to 2027.
- In terms of segment, polymer matrix composites was the largest revenue generating product in 2019.
- Metal Matrix Composites is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2020 to 2027.
Asia Pacific data book summary
| Market revenue in 2019 | USD 9,194.1 million |
| Market revenue in 2027 | USD 12,883.1 million |
| Growth rate | 4.3% (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 |
| Key market players worldwide | Solvay SA, Toray Industries Inc, SGL Group, Teijin Ltd, Hexcel Corp, Mitsubishi Chemical Group Corp, Berkshire Hathaway Inc Class A, Gurit, Owens-Corning Inc, TPI Composites Inc, Plasan Carbon Composites, GMS Composites, IDI Composites International, Inc., Revchem Composites, Formaplex |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 48.2% of the global automotive composite market in 2019.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 12,883.1 million by 2027.
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Automotive Composite Market Scope
Automotive Composite Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific 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 74.57% in 2019. Horizon Databook has segmented the Asia Pacific 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.
- Asia Pacific 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
- Asia Pacific Automotive Composite Application Outlook (Revenue, USD Million, 2016-2027)
- Interior Components
- Exterior Components
- Structural & Powertrain Components
- Others
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific 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 continent-level data and insights on the Asia Pacific automotive composite market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific automotive composite market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific automotive composite market size, by country, 2016-2027 (US$M)
Asia Pacific Automotive Composite Market Outlook Share, 2019 & 2027 (US$M)
Related regional statistics
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