Market Overview:
The global automotive carbon fiber reinforced polypropylene market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for lightweight vehicles and stringent emission norms. In terms of type, the injection molding segment is expected to account for a major share of the global automotive carbon fiber reinforced polypropylene market during the forecast period. This can be attributed to its ability to provide high strength-to-weight ratio as compared with other types of molding processes. In terms of application, roof panels are expected to account for a major share of the global automotive carbon fiber reinforced polypropylene market during the forecast period. This can be attributed to increasing demand for lightweight vehicles across all regions.
Product Definition:
Automotive carbon fiber reinforced polypropylene is a plastic used in car parts. It is important because it is strong and lightweight, which makes it ideal for car parts.
Injection Molding:
Injection molding is a process of manufacturing plastic parts by using injection molding machines. This process involves melting the raw materials and injecting them into a metal form that creates the final product. The advantages of this system are its ability to produce high volume, low cost products with complex shapes and it can be used for both thermoset as well as thermoplastics.
Extrusion Molding:
Extrusion molding is a manufacturing process used to create plastic parts and products. It is also known as profile extrusion or continuous profile processing. The machine works by melting polymer pellets or granules with the help of a heating chamber, which helps in creating the desired shape and size of the final product.
Application Insights:
The chassis segment held the largest share of over 40.0% in 2017. The use of carbon fiber reinforced polypropylene (CFRPP) has become a trend in the automotive industry owing to its lightweight properties and high strength-to-weight ratio, which makes it suitable for vehicle frames and panels. CFRPP is mainly used for manufacturing body panels, roof panel, fenders, door modules as well as rear end structures on account of its excellent mechanical properties such as impact resistance and stiffness.
Body panels manufactured using this material include front end structure (bonnet), side rails/side sills/fender flairs (if applicable), doors module(s) including door handle & window frame & glass set up etc., depending upon their usage in an automobile.
Regional Analysis:
North America accounted for the largest revenue share in 2017. The region is expected to continue its dominance over the forecast period owing to increasing demand from key application sectors including body panels, roof and floor panellings, and others. In North America, Mexico is anticipated to witness significant growth on account of rising investments by prominent players in this sector for manufacturing lightweight components with superior strength at a low cost.
The Asia Pacific market was valued at USD X billion in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030 owing high production volume of automotive carbon fiber reinforced polypropylene (CFRP) based components manufactured by injection molding as well as extrusion-molding techniques coupled with growing automobile industry particularly in China, India, Japan, South Korea among other Southeast Asian countries which are major consumers as well as producers of automotive vehicles including passenger cars & LCVs along with heavy commercial vehicles such as buses & trucks among others.
Growth Factors:
- Increasing demand for lightweight vehicles: The automotive carbon fiber reinforced polypropylene market is expected to grow owing to the increasing demand for lightweight vehicles. This is because of the growing awareness among consumers about the benefits of owning a lightweight vehicle, such as improved fuel efficiency and reduced emissions.
- Rising popularity of electric vehicles: The automotive carbon fiber reinforced polypropylene market is also expected to benefit from the rising popularity of electric vehicles. This is because electric vehicles are typically lighter in weight than their gasoline-powered counterparts, which makes them more suitable for use with carbon fiber reinforced polypropylene composites.
- Growing focus on vehicle safety: Another key growth driver for the automotive carbon fiber reinforced polypropylene market is the growing focus on vehicle safety among consumers and automakers alike. Carbon fiber reinforcement can help improve crashworthiness and reduce occupant injury in a collision, making it an increasingly popular choice among automakers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Carbon Fiber Reinforced Polypropylene Market Research Report
By Type
Injection Molding, Extrusion Molding
By Application
Roof Panel, Body Panels, Chassis, Others
By Companies
Toray, Mitsubishi Rayon, Teijin, SGL, Hexcel, Solvay, Formosa Plastics Corporation, Nippon Carbon, DowAksa Advanced Composites Holdings, Hyosung Advanced
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Carbon Fiber Reinforced Polypropylene Market Report Segments:
The global Automotive Carbon Fiber Reinforced Polypropylene market is segmented on the basis of:
Types
Injection Molding, Extrusion Molding
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Roof Panel, Body Panels, Chassis, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Toray
- Mitsubishi Rayon
- Teijin
- SGL
- Hexcel
- Solvay
- Formosa Plastics Corporation
- Nippon Carbon
- DowAksa Advanced Composites Holdings
- Hyosung Advanced
Highlights of The Automotive Carbon Fiber Reinforced Polypropylene Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Injection Molding
- Extrusion Molding
- By Application:
- Roof Panel
- Body Panels
- Chassis
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Carbon Fiber Reinforced Polypropylene Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive Carbon Fiber Reinforced Polypropylene is a type of carbon fiber reinforced polymer that is used in the automotive and aviation industries. It is a strong, lightweight material that can be used to create parts for vehicles and aircraft.
Some of the major companies in the automotive carbon fiber reinforced polypropylene market are Toray, Mitsubishi Rayon, Teijin, SGL, Hexcel, Solvay, Formosa Plastics Corporation, Nippon Carbon, DowAksa Advanced Composites Holdings, Hyosung Advanced.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Carbon Fiber Reinforced Polypropylene Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Carbon Fiber Reinforced Polypropylene Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Carbon Fiber Reinforced Polypropylene Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Carbon Fiber Reinforced Polypropylene Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Carbon Fiber Reinforced Polypropylene Market Size & Forecast, 2018-2028
4.5.1 Automotive Carbon Fiber Reinforced Polypropylene Market Size and Y-o-Y Growth
4.5.2 Automotive Carbon Fiber Reinforced Polypropylene Market Absolute $ Opportunity
Chapter 5 Global Automotive Carbon Fiber Reinforced Polypropylene Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Carbon Fiber Reinforced Polypropylene Market Size Forecast by Type
5.2.1 Injection Molding
5.2.2 Extrusion Molding
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Carbon Fiber Reinforced Polypropylene Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Carbon Fiber Reinforced Polypropylene Market Size Forecast by Applications
6.2.1 Roof Panel
6.2.2 Body Panels
6.2.3 Chassis
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Carbon Fiber Reinforced Polypropylene Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Carbon Fiber Reinforced Polypropylene Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Carbon Fiber Reinforced Polypropylene Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Carbon Fiber Reinforced Polypropylene Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Carbon Fiber Reinforced Polypropylene Market Size Forecast by Type
9.6.1 Injection Molding
9.6.2 Extrusion Molding
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Carbon Fiber Reinforced Polypropylene Market Size Forecast by Applications
9.10.1 Roof Panel
9.10.2 Body Panels
9.10.3 Chassis
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Carbon Fiber Reinforced Polypropylene Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Carbon Fiber Reinforced Polypropylene Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Carbon Fiber Reinforced Polypropylene Market Size Forecast by Type
10.6.1 Injection Molding
10.6.2 Extrusion Molding
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Carbon Fiber Reinforced Polypropylene Market Size Forecast by Applications
10.10.1 Roof Panel
10.10.2 Body Panels
10.10.3 Chassis
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Carbon Fiber Reinforced Polypropylene Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Carbon Fiber Reinforced Polypropylene Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Carbon Fiber Reinforced Polypropylene Market Size Forecast by Type
11.6.1 Injection Molding
11.6.2 Extrusion Molding
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Carbon Fiber Reinforced Polypropylene Market Size Forecast by Applications
11.10.1 Roof Panel
11.10.2 Body Panels
11.10.3 Chassis
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Carbon Fiber Reinforced Polypropylene Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Carbon Fiber Reinforced Polypropylene Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Carbon Fiber Reinforced Polypropylene Market Size Forecast by Type
12.6.1 Injection Molding
12.6.2 Extrusion Molding
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Carbon Fiber Reinforced Polypropylene Market Size Forecast by Applications
12.10.1 Roof Panel
12.10.2 Body Panels
12.10.3 Chassis
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Carbon Fiber Reinforced Polypropylene Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Carbon Fiber Reinforced Polypropylene Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Carbon Fiber Reinforced Polypropylene Market Size Forecast by Type
13.6.1 Injection Molding
13.6.2 Extrusion Molding
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Carbon Fiber Reinforced Polypropylene Market Size Forecast by Applications
13.10.1 Roof Panel
13.10.2 Body Panels
13.10.3 Chassis
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Carbon Fiber Reinforced Polypropylene Market: Competitive Dashboard
14.2 Global Automotive Carbon Fiber Reinforced Polypropylene Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toray
14.3.2 Mitsubishi Rayon
14.3.3 Teijin
14.3.4 SGL
14.3.5 Hexcel
14.3.6 Solvay
14.3.7 Formosa Plastics Corporation
14.3.8 Nippon Carbon
14.3.9 DowAksa Advanced Composites Holdings
14.3.10 Hyosung Advanced
