Europe Automotive Composites Market 2022-2027

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    EUROPE AUTOMOTIVE COMPOSITES MARKET

     

    INTRODUCTION

    Composites in the automotive industry are made up of two or more materials that have differing qualities. Because the constituent elements in an automobile composite are unique and do not combine, they are not considered mixes or solutions.

     

    The attributes of a composite comprised of two components are commonly better compared to the independent materials’ characteristics. The car industry employs polymeric materials, whose offer weight savings while retaining other desirable characteristics like as structural rigidity.

     

    Polymeric materials frequently use non – renewable sources such as petroleum and require a lot of energy to manufacture.

     

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    EUROPE AUTOMOTIVE COMPOSITES MARKET DEVELOPMENTS AND INNOVATIONS

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 Kordsa expands to European market with new composite technologies investment Microtex Composites Srl is acquired by Kordsa, adding super-luxury automobile and racing to its portfolio. Europe This would enhance better Technological Controls
    2 Tenneco introduces advanced hybrid friction material composites for OE customers To address evolving powertrain needs, an innovative composite material combines braking performance and comfort into a single idea. Europe This would enhance better Technological Controls
    3 Teijin to acquire Benet Automotive to expand European automotive business Teijin Limited has agreed to buy Benet Automotive s.r.o. (Benet), a major Czech automotive composite and component provider. Europe This would enhance better Technological Controls
    4 EU Companies Collaborate to Bring Next-Gen Composites to E-Mobility Sector The commercial development of medium-volume niche applications based on advanced composites will be the focus of German consultancy AMAC and Holland’s PontisEngineering. Europe This would enhance better Technological Controls
    5 Teijin Automotive Technologies Expanding Composites Footprintin China to Meet Growing Demand for EVs Teijin Automotive Technologies is aggressively expanding its position as a global leader in automotive composite applications with the start-up of the second plant and the development of the third facility. Europe This would enhance better Technological Controls

     

    COMPETITIVE LANDSCAPE

    Polymer nanocomposites, like as thermoplastic polymers and strengthened glass, have gained importance in recent years of automakers, prompting them to seek out better, stronger, and lightweight elements for the production of vehicle units.

     

    The market is likely to be driven by factors such as rising demand for lightweight materials from the automobile sector and a growing focus on fuel efficiency.

     

    The high cost of carbon fiber composites and glass fiber combinations, on the other hand, is impeding market expansion. The use of such composites in low-cost automobiles might dramatically raise their pricing.

     

    Toray Industries Inc. is a prominent developer of the latest integrated technologies focusing on better smarter composites focused on spectrum of automotive improvisation integration for the future. The Thermoplastic elastomers solutions provide high-performance automotive applications in a variety of forms to fit your design demands and processing possibilities.

     

    Toray Amber Tool epoxy manufacturing prepregs are indeed the mainstream technology, with an unparalleled reputation for dependability and a superb aesthetic surface finish.

     

    Exel Composites provides technical breakthroughs that allow diagnostic of unwanted accidental instances wherein the technology of Drying formworks may be made using the HiTape in a completely automated lay-up, analogous towards the AFP and ATL techniques often used for UD prepregs.

     

    HiTapenarrow  breadth accuracy offers it complete control over the automated dry prototype process – and that’s a waste-free procedure, even for complicated constructions, because the components are precisely positioned where they’re needed. It has a very high Compression After Impact (CAI) efficiency, which is a true advance in unidirectional graphene reinforcing infusion methods.

     

    COMPANIES PROFILED

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in theIndustry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2027
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2027
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2027
    21 Product installation rate by OEM, 2022
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

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