Market Overview:
The global automotive low melting fiber market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for lightweight vehicles and rising concerns over vehicle emissions. Low melting fibers are used in various applications such as hood, trunk, ceiling, and other applications in automobiles. North America is expected to hold the largest share of the global automotive low melting fiber market during the forecast period owing to stringent emission norms and growing demand for lightweight vehicles in this region.
Product Definition:
A fiber that has a low melting point and is used to reinforce automotive plastics.
Melting Point below 130 ℃:
The melting point is the temperature at which a solid material changes its shape and all of its components are liquid. Melting point depends on the chemical and physical properties of individual materials. The higher the melting point, generally, the better quality product it will give out in terms of performance.
The automotive industry has been witnessing strong growth for many years now; however, there is still room for improvement in fuel efficiency across various vehicle segments.
Melting Point above 130 ℃:
The melting point is the temperature at which a solid changes its shape and all of its properties and becomes similar to liquid. Melting point is also known as the softening point or liquefaction point. The melting points are determined by the heat capacity of materials. Materials with high heat capacities have low melting points because it takes more energy to melt them than their heat capacity allows. Low Melting Point LMPs are those below 130 °F (54 °C).
Application Insights:
The trunk application segment led the global automotive low melting fiber market in 2017. The use of low melting fibers in the trunk helps to keep the luggage warm, which prevents its damage and also eases its handling. Moreover, these products help reduce fogging problems due to ice formation on windows during winters. This factor is likely to increase product demand over the forecast period.
The hood application segment is expected register a significant CAGR of XX% from 2018 to 2030 owing to improved aerodynamics and reduced drag caused by LMF-based systems on vehicles. These systems also assist in maintaining temperature inside vehicle cabin resulting in increased sales across all regions where winters are long and cold temperatures prevail frequently throughout the year.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 60.0% in 2017. The region is expected to maintain its lead throughout the forecast period owing to increasing demand from key application segments such as hoods, trunks, and other applications. This can be attributed to rising sales of premium cars in China and India on account of growing consumer disposable income coupled with an increase in per capita car ownership rates across these countries.
North America accounted for a significant share due to high demand from U.S.
Growth Factors:
- Increasing demand for lightweight vehicles: The automotive low melting fiber market is expected to grow due 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 demand for electric vehicles: Another key growth driver for the automotive low melting fiber market is the rising demand for electric vehicles. This is because electric vehicles are more energy-efficient than traditional gasoline-powered cars, and they also produce fewer emissions. As a result, more consumers are opting for electric cars, which is driving up demand for automotive low melting fibers used in their construction.
- Growing popularity of luxury cars: A third factor that is expected to drive growth in the automotive low melting fiber market is rising popularity of luxury cars among affluent consumers around the world. These high-end automobiles require advanced materials and components that offer superior performance and aesthetics, which can be provided by products made from automotive low melting fibers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Low Melting Fiber Market Research Report
By Type
Melting Point below 130 ℃, Melting Point above 130 ℃
By Application
Hood, Trunk, Ceiling, Other
By Companies
Huvis, Toray Chemical Korea, FETL, Nan Ya Plastics, XiangLu Chemical Fibers Limited Liability Company, Tinfulong Winning Chemical Fiber Co.,LTD., DAFA FIBER, Taekwang, IFG Exelto NV, Hickory Springs, Dividan, Sinopec Yizheng Chemical Fiber Co.,LTD., CNV Corporation, Shyam Fibers
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
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Low Melting Fiber Market Report Segments:
The global Automotive Low Melting Fiber market is segmented on the basis of:
Types
Melting Point below 130 ℃, Melting Point above 130 ℃
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
Hood, Trunk, Ceiling, Other
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:
- Huvis
- Toray Chemical Korea
- FETL
- Nan Ya Plastics
- XiangLu Chemical Fibers Limited Liability Company
- Tinfulong Winning Chemical Fiber Co.,LTD.
- DAFA FIBER
- Taekwang
- IFG Exelto NV
- Hickory Springs
- Dividan
- Sinopec Yizheng Chemical Fiber Co.,LTD.
- CNV Corporation
- Shyam Fibers
Highlights of The Automotive Low Melting Fiber 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:
- Melting Point below 130 ℃
- Melting Point above 130 ℃
- By Application:
- Hood
- Trunk
- Ceiling
- Other
- 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 Low Melting Fiber 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.
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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 low melting fiber is a type of fiberglass insulation that is used in the construction of automobiles. It is made from a blend of glass and plastic fibers, which are melted together and then poured into molds to create sheets. This insulation helps keep cars warm in cold weather and cool in hot weather, making them more comfortable to drive.
Some of the key players operating in the automotive low melting fiber market are Huvis, Toray Chemical Korea, FETL, Nan Ya Plastics, XiangLu Chemical Fibers Limited Liability Company, Tinfulong Winning Chemical Fiber Co.,LTD., DAFA FIBER, Taekwang, IFG Exelto NV, Hickory Springs, Dividan, Sinopec Yizheng Chemical Fiber Co.,LTD., CNV Corporation, Shyam Fibers.
The automotive low melting fiber market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Low Melting Fiber 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 Low Melting Fiber Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Automotive Low Melting Fiber 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 Low Melting Fiber 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 Low Melting Fiber Market Size & Forecast, 2018-2028 4.5.1 Automotive Low Melting Fiber Market Size and Y-o-Y Growth 4.5.2 Automotive Low Melting Fiber Market Absolute $ Opportunity
Chapter 5 Global Automotive Low Melting Fiber 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 Low Melting Fiber Market Size Forecast by Type
5.2.1 Melting Point below 130 ℃
5.2.2 Melting Point above 130 ℃
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Low Melting Fiber 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 Low Melting Fiber Market Size Forecast by Applications
6.2.1 Hood
6.2.2 Trunk
6.2.3 Ceiling
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Low Melting Fiber 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 Low Melting Fiber 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 Low Melting Fiber Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Low Melting Fiber 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 Low Melting Fiber Market Size Forecast by Type
9.6.1 Melting Point below 130 ℃
9.6.2 Melting Point above 130 ℃
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 Low Melting Fiber Market Size Forecast by Applications
9.10.1 Hood
9.10.2 Trunk
9.10.3 Ceiling
9.10.4 Other
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 Low Melting Fiber Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Low Melting Fiber 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 Low Melting Fiber Market Size Forecast by Type
10.6.1 Melting Point below 130 ℃
10.6.2 Melting Point above 130 ℃
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 Low Melting Fiber Market Size Forecast by Applications
10.10.1 Hood
10.10.2 Trunk
10.10.3 Ceiling
10.10.4 Other
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 Low Melting Fiber Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Low Melting Fiber 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 Low Melting Fiber Market Size Forecast by Type
11.6.1 Melting Point below 130 ℃
11.6.2 Melting Point above 130 ℃
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 Low Melting Fiber Market Size Forecast by Applications
11.10.1 Hood
11.10.2 Trunk
11.10.3 Ceiling
11.10.4 Other
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 Low Melting Fiber Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Low Melting Fiber 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 Low Melting Fiber Market Size Forecast by Type
12.6.1 Melting Point below 130 ℃
12.6.2 Melting Point above 130 ℃
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 Low Melting Fiber Market Size Forecast by Applications
12.10.1 Hood
12.10.2 Trunk
12.10.3 Ceiling
12.10.4 Other
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 Low Melting Fiber Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Low Melting Fiber 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 Low Melting Fiber Market Size Forecast by Type
13.6.1 Melting Point below 130 ℃
13.6.2 Melting Point above 130 ℃
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 Low Melting Fiber Market Size Forecast by Applications
13.10.1 Hood
13.10.2 Trunk
13.10.3 Ceiling
13.10.4 Other
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 Low Melting Fiber Market: Competitive Dashboard
14.2 Global Automotive Low Melting Fiber Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Huvis
14.3.2 Toray Chemical Korea
14.3.3 FETL
14.3.4 Nan Ya Plastics
14.3.5 XiangLu Chemical Fibers Limited Liability Company
14.3.6 Tinfulong Winning Chemical Fiber Co.,LTD.
14.3.7 DAFA FIBER
14.3.8 Taekwang
14.3.9 IFG Exelto NV
14.3.10 Hickory Springs
14.3.11 Dividan
14.3.12 Sinopec Yizheng Chemical Fiber Co.,LTD.
14.3.13 CNV Corporation
14.3.14 Shyam Fibers