Lucintel Anticipates Composites in European Automotive Market to Reach $2,270 Million by 2018

Composites shipments in the European automotive market is expected to grow to $2,270 million in 2018.

Online PR News – 18-March-2015 – Irving/Texas – Composites shipments in the European automotive market is expected to grow to $2,270 million in 2018. The major drivers of European automotive market are low-cost of materials weight reduction, fines for excessive CO2 fleet emissions, e-mobility, and pressurized containers for gas fuelled cars. The market for products made of composites such as interior headliners, fenders, pickup boxes, door modules, instrument panels, running boards, and front-end carriers is expected to almost double by 2018 from 2012 levels driving this market.

Lucintel, a leading global management consulting and market research firm, has analyzed the composites in European automotive market by segments and has come up with a comprehensive research report “Opportunities for Composites in European Automotive Market 2013-2018.” This report provides an analysis of the composites in European automotive market including an analysis of market trend, competitive landscape, company profiles, emerging trend, and key drivers of industry growth. The study also includes trends and forecasts for the European automotive market through 2018, segmented by resin group, application type, by material, and type of resin which are listed below.

European Automotive Composite Market by Resin Group:
• Thermoset
• Thermoplastic

European Automotive Market by Applications:
• Automotive Switches
• Automotive Connectors
• Pickup Box/Bed
• Hoods
• Bumper Beams
• Front-End Module Carriers
• Air Intake Manifold
• Engine Valve Covers
• Interior Headliners
• Truck Cab Roofs
• Head Lamp Reflectors/Housing

European Automotive Market by Material Type:
• PU Composites
• Others

European Automotive Market by Types of Resin:
• Polypropylene
• Polyamide
• Polyester
• Polyurethane
• Others

On the basis of its comprehensive research, Lucintel forecasts that the European automotive market will grow moderately during 2013-2018. BASF, DuPont, Sabic, Ticona, DSM and RTP are among the major suppliers of composite materials to this industry. Regular innovation of products is very important for companies to sustain their successful positions in the market.
This 157-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents and pricing information on these timely, insightful reports, click the link or contact Lucintel at +1-972-636-5056 or via email at Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency. Lucintel offerings include Advanced Materials Reports, Composite Materials Market Report, Capital Investment Feasibility, Opportunity Screening and Analysis and SWOT Analysis. To learn more, visit . You can also contact us through Live Chat in its website to answer your questions in real time.
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