South Africa Automotive Composite Market Size & Outlook
South Africa automotive composite market, 2016-2027 (US$M)
Related Markets
South Africa automotive composite market highlights
- The South Africa automotive composite market generated a revenue of USD 161.8 million in 2019 and is expected to reach USD 190.6 million by 2027.
- The South Africa market is expected to grow at a CAGR of 2.1% 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.
Automotive composite market data book summary
| Market revenue in 2019 | USD 161.8 million |
| Market revenue in 2027 | USD 190.6 million |
| Growth rate | 2.1% (CAGR from 2019 to 2027) |
| Largest segment | Polymer matrix composites |
| Fastest growing segment | Metal Matrix Composites |
| Historical data | 2016 - 2018 |
| Base year | 2019 |
| Forecast period | 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, South Africa accounted for 0.8% of the global automotive composite market in 2019.
- Country-wise, China is expected to lead the global market in terms of revenue in 2027.
- In Middle East & Africa, South Africa automotive composite market is projected to lead the regional market in terms of revenue in 2027.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 190.6 million by 2027.
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Automotive Composite Market Scope
Automotive Composite Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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 76.64% in 2019. Horizon Databook has segmented the South Africa 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.
- South Africa 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
- South Africa Automotive Composite Application Outlook (Revenue, USD Million, 2016-2027)
- Interior Components
- Exterior Components
- Structural & Powertrain Components
- Others
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Target buyers of South Africa 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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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa automotive composite market , including forecasts for subscribers. This country databook contains high-level insights into South Africa automotive composite market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa automotive composite market size, by product, 2016-2027 (US$M)
South Africa Automotive Composite Market Outlook Share, 2019 & 2027 (US$M)
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