GLOBAL AUTOMOTIVE CARBON FIBER COMPOSITES MARKET

INTRODUCTION

With substantial benefits over conventional materials like steel and aluminium, carbon fibre composites have emerged as a revolutionary technology in the automobile sector. Carbon fibre composites are a great option for a variety of automotive applications because of their lightweight, high strength, and outstanding mechanical qualities.

Carbon fibres are mixed with a polymer matrix, usually epoxy resin, to create carbon fibre composites. With a diameter of about 5–10 micrometres, the carbon fibres are incredibly thin, but they are incredibly strong and stiff. To create composite constructions, the fibres are woven into sheets or textiles, which are then stacked and resin-impregnated.

The exceptional strength-to-weight ratio of carbon fibre composites is one of their main advantages. They can be up to five times stronger than steel while being substantially lighter than it, allowing for significant weight reduction in automotive components. This weight loss results in better fuel economy, more driving range for electric vehicles, and higher overall performance.

Additionally, carbon fibre composites have exceptional corrosion resistance, which is beneficial in tough automotive conditions where standard materials can degrade from exposure to moisture, salt, and chemicals. Because of the increased durability and longevity of automotive components due to the corrosion resistance, maintenance costs are decreased and the lifespan of cars is increased.

Additionally, because of their greater fatigue resistance, carbon fibre composites can sustain numerous load cycles without material degradation. The structural integrity of the vehicle over its lifetime is ensured by this feature, which is particularly important in automotive applications where components are subjected to continual vibrations and cyclic stress.

To sum up, automotive carbon fibre composites provide a convincing answer to the industry's requirement to reduce weight, boost performance, and increase fuel efficiency.

Carbon fibre composites have the potential to revolutionize the way cars are constructed, paving the way for future automotive technologies that are more environmentally friendly and cutting-edge thanks to their excellent strength, lightweight, corrosion resistance, and design freedom.

GLOBAL AUTOMOTIVE CARBON FIBER COMPOSITES MARKET SIZE AND FORECAST

The global automotive carbon fiber composites market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

A new generation of unidirectional carbon-fiber and woven fabric products called SolvaLite® 714 Prepregs are already pre-impregnated with SolvaLite® 714 epoxy resin. These cutting-edge prepregs have been specially designed to manufacture automobile components, such body panels, at quick compression-molding cycle durations in serial production runs. They also have quick cure cycles and long outlives.

At JEC World, SGL Carbon will unveil a brand-new 50k carbon fibre. The new SIGRAFIL® C T50-4.9/235 carbon fibre has a high elongation capacity and will meet the high strength specifications for typical pressure vessel designs.

COMPANY PROFILE

• Toray Industries
• Mitsubishi Chemical Carbon Fiber and Composites
• SGL Carbon
• Teijin
• Zoltek

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many automotive carbon fiber composites are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global automotive carbon fiber composites and key vendor selection criteria
3. Where is the automotive carbon fiber composites manufactured? What is the average margin per unit?
4. Market share of Global automotive carbon fiber composites market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global automotive carbon fiber composites in-house
6. key predictions for next 5 years in Global automotive carbon fiber composites market
7. Average B-2-B automotive carbon fiber composites market price in all segments
8. Latest trends in automotive carbon fiber composites market, by every market segment
9. The market size (both volume and value) of the automotive carbon fiber composites market in 2023-2030 and every year in between?
10. Production breakup of automotive carbon fiber composites market, by suppliers and their OEM relationship