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Europe Automotive Composites Market: Opportunity Analysis and Industry Forecast, 2024-2033

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    Report

  • 320 Pages
  • November 2024
  • Region: Europe
  • Allied Market Research
  • ID: 6053801
Description Jump to:

Europe Automotive Composites Market

The Europe automotive composites market was valued at $1.9 billion in 2023 and is projected to reach $2.8 billion by 2033, growing at a CAGR of 4.1% from 2024 to 2033.

Automotive composites are lightweight materials that combine two or more distinct substances, each contributing specific properties. These materials are used in vehicles to enhance fuel efficiency, aesthetics, and durability. The composite formulation includes reinforcing materials such as glass or aramid fiber embedded in a matrix material such as epoxy or polyester. Key benefits of automotive composites include corrosion resistance and the ability to be molded into complex shapes. They are used in different parts of automobiles, including dashboards, doors, roof panels, bumpers, brake parts, and hoods.

As the automakers in Europe are seeking technologies that enhance fuel efficiency of vehicles without compromising on performance, the Europe automotive composites market is being driven significantly. In addition, rise in investments in innovative composite manufacturing techniques such as resin transfer molding and compression molding is propelling the development of the market notably. In recent times, R&D for the incorporation of natural fibers such as cellulose into automotive composites has been trending in Europe. This is attributed to the robust physical, chemical, and mechanical properties of natural fibers that are projected to enhance the sustainability and cost-effectiveness of composites.

However, the recycling and disposal of automotive composites requires a robust infrastructure, lack of which impacts long-term sustainability and hampers the growth of the Europe automotive composites market. Moreover, disruptions in the supply chain owing to fluctuations in global trade policies have created a volatile environment for sourcing essential materials, which is restraining the development of the market notably. On the contrary, rise in the sales of electric vehicles (EVs) in Europe is fueling the demand for automotive composites and presenting lucrative opportunities for the market.

According to McKinsey, inclination of European consumers toward EVs has increased, as year-over-year EV sales exhibited an average rise of more than 50% from 2020 to 2023. Designing a lightweight EV is crucial to enhance its efficiency, improve fire resistance, and increase mileage per charge. These factors highlight the growing demand for automotive composites in Europe, indicating a promising future for the market.

Segment Review

The Europe automotive composites market is segmented into fiber type, resin type, application, and country. On the basis of fiber type, the market is divided into glass fiber, carbon fiber, and others. Depending on resin type, it is bifurcated into thermoset and thermoplastic. As per application, it is classified into exterior, interior, and others. Country wise, it is analyzed across Germany, France, UK, Spain, Italy, and rest of Europe.

Key Findings

On the basis of fiber type, the glass fiber segment dominated the market in 2023.

Depending on resin type, the thermoset segment acquired a notable stake in the market in 2023.

As per application, the interior segment was the highest shareholder in 2023.

Competition Analysis

The major players in the Europe automotive composites market include SGL Carbon, TEIJIN LIMITED, BASF SE, Solvay S.A., Hexcel Corporation, ZOLTEK Corporation, Evonik Industries AG, Mitsubishi Chemical Group Corporation, Covestro AG, and LANXESS. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships to strengthen their foothold in the competitive market.

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  • Analysis of raw material in a product (by %)
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  • Upcoming/New Entrant by Regions
  • Technology Trend Analysis
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  • SWOT Analysis
  • Volume Market Size and Forecast

Key Market Segments

By Fiber Type

  • Glass Fiber
  • Carbon Fiber
  • Others

By Resin Type

  • Thermoset
  • Thermoplastic

By Application

  • Exterior
  • Interior
  • Others

By Country

  • Germany
  • France
  • UK
  • Spain
  • Italy
  • Rest of Europe

Key Market Players

  • SGL Carbon
  • TEIJIN LIMITED
  • BASF SE
  • Solvay S.A.
  • Hexcel Corporation
  • ZOLTEK Corporation
  • Evonik Industries AG
  • Mitsubishi Chemical Group Corporation
  • Covestro AG
  • LANXESS

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET LANDSCAPE
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
3.3.1. Bargaining Power of Suppliers
3.3.2. Threat of New Entrants
3.3.3. Threat of Substitutes
3.3.4. Competitive Rivalry
3.3.5. Bargaining Power among Buyers
3.4. Market Dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities
CHAPTER 4: EUROPE AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE
4.1. Market Overview
4.1.1 Market Size and Forecast, By Fiber Type
4.2. Glass Fiber
4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Share Analysis, By Country
4.3. Carbon Fiber
4.3.1. Key Market Trends, Growth Factors and Opportunities
4.3.2. Market Share Analysis, By Country
4.4. Others
4.4.1. Key Market Trends, Growth Factors and Opportunities
4.4.2. Market Share Analysis, By Country
CHAPTER 5: EUROPE AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE
5.1. Market Overview
5.1.1 Market Size and Forecast, By Resin Type
5.2. Thermoset
5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Share Analysis, By Country
5.3. Thermoplastic
5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Share Analysis, By Country
CHAPTER 6: EUROPE AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION
6.1. Market Overview
6.1.1 Market Size and Forecast, By Application
6.2. Exterior
6.2.1. Key Market Trends, Growth Factors and Opportunities
6.2.2. Market Share Analysis, By Country
6.3. Interior
6.3.1. Key Market Trends, Growth Factors and Opportunities
6.3.2. Market Share Analysis, By Country
6.4. Others
6.4.1. Key Market Trends, Growth Factors and Opportunities
6.4.2. Market Share Analysis, By Country
CHAPTER 7: EUROPE AUTOMOTIVE COMPOSITES MARKET, BY COUNTRY
7.1. Market Overview
7.1.1 Market Size and Forecast, By Country
7.2. Europe
7.2.2. Key Market Trends and Opportunities
7.2.2. Market Size and Forecast, By Fiber Type
7.2.3. Market Size and Forecast, By Resin Type
7.2.4. Market Size and Forecast, By Application
7.2.5. Market Size and Forecast, By Country
7.2.6.Germany
7.2.6.1. Market Size and Forecast, By Fiber Type
7.2.6.2. Market Size and Forecast, By Resin Type
7.2.6.3. Market Size and Forecast, By Application
7.2.7.France
7.2.7.1. Market Size and Forecast, By Fiber Type
7.2.7.2. Market Size and Forecast, By Resin Type
7.2.7.3. Market Size and Forecast, By Application
7.2.8.UK
7.2.8.1. Market Size and Forecast, By Fiber Type
7.2.8.2. Market Size and Forecast, By Resin Type
7.2.8.3. Market Size and Forecast, By Application
7.2.9.Spain
7.2.9.1. Market Size and Forecast, By Fiber Type
7.2.9.2. Market Size and Forecast, By Resin Type
7.2.9.3. Market Size and Forecast, By Application
7.2.10.Italy
7.2.10.1. Market Size and Forecast, By Fiber Type
7.2.10.2. Market Size and Forecast, By Resin Type
7.2.10.3. Market Size and Forecast, By Application
7.2.11.Rest Of Europe
7.2.11.1. Market Size and Forecast, By Fiber Type
7.2.11.2. Market Size and Forecast, By Resin Type
7.2.11.3. Market Size and Forecast, By Application
CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Introduction
8.2. Top Winning Strategies
8.3. Product Mapping Of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top Player Positioning,2023
CHAPTER 9: COMPANY PROFILES
9.1. SGL Carbon
9.1.1. Company Overview
9.1.2. Key Executives
9.1.3. Company Snapshot
9.1.4. Operating Business Segments
9.1.5. Product Portfolio
9.1.6. Business Performance
9.1.7. Key Strategic Moves and Developments
9.2. TEIJIN LIMITED
9.2.1. Company Overview
9.2.2. Key Executives
9.2.3. Company Snapshot
9.2.4. Operating Business Segments
9.2.5. Product Portfolio
9.2.6. Business Performance
9.2.7. Key Strategic Moves and Developments
9.3. BASF SE
9.3.1. Company Overview
9.3.2. Key Executives
9.3.3. Company Snapshot
9.3.4. Operating Business Segments
9.3.5. Product Portfolio
9.3.6. Business Performance
9.3.7. Key Strategic Moves and Developments
9.4. Solvay S.A.
9.4.1. Company Overview
9.4.2. Key Executives
9.4.3. Company Snapshot
9.4.4. Operating Business Segments
9.4.5. Product Portfolio
9.4.6. Business Performance
9.4.7. Key Strategic Moves and Developments
9.5. Hexcel Corporation
9.5.1. Company Overview
9.5.2. Key Executives
9.5.3. Company Snapshot
9.5.4. Operating Business Segments
9.5.5. Product Portfolio
9.5.6. Business Performance
9.5.7. Key Strategic Moves and Developments
9.6. ZOLTEK Corporation
9.6.1. Company Overview
9.6.2. Key Executives
9.6.3. Company Snapshot
9.6.4. Operating Business Segments
9.6.5. Product Portfolio
9.6.6. Business Performance
9.6.7. Key Strategic Moves and Developments
9.7. Evonik Industries AG
9.7.1. Company Overview
9.7.2. Key Executives
9.7.3. Company Snapshot
9.7.4. Operating Business Segments
9.7.5. Product Portfolio
9.7.6. Business Performance
9.7.7. Key Strategic Moves and Developments
9.8. Mitsubishi Chemical Group Corporation
9.8.1. Company Overview
9.8.2. Key Executives
9.8.3. Company Snapshot
9.8.4. Operating Business Segments
9.8.5. Product Portfolio
9.8.6. Business Performance
9.8.7. Key Strategic Moves and Developments
9.9. Covestro AG
9.9.1. Company Overview
9.9.2. Key Executives
9.9.3. Company Snapshot
9.9.4. Operating Business Segments
9.9.5. Product Portfolio
9.9.6. Business Performance
9.9.7. Key Strategic Moves and Developments
9.10. LANXESS
9.10.1. Company Overview
9.10.2. Key Executives
9.10.3. Company Snapshot
9.10.4. Operating Business Segments
9.10.5. Product Portfolio
9.10.6. Business Performance
9.10.7. Key Strategic Moves and Developments
LIST OF TABLES
TABLE 1. EUROPE AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2024 - 2033 ($MILLION)
TABLE 2. EUROPE AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2024 - 2033 (KILOTON)
TABLE 3. EUROPE AUTOMOTIVE COMPOSITES MARKET FOR GLASS FIBER, BY COUNTRY, 2024 - 2033 ($MILLION)
TABLE 4. EUROPE AUTOMOTIVE COMPOSITES MARKET FOR GLASS FIBER, BY COUNTRY, 2024 - 2033 (KILOTON)
TABLE 5. EUROPE AUTOMOTIVE COMPOSITES MARKET FOR CARBON FIBER, BY COUNTRY, 2024 - 2033 ($MILLION)
TABLE 6. EUROPE AUTOMOTIVE COMPOSITES MARKET FOR CARBON FIBER, BY COUNTRY, 2024 - 2033 (KILOTON)
TABLE 7. EUROPE AUTOMOTIVE COMPOSITES MARKET FOR OTHERS, BY COUNTRY, 2024 - 2033 ($MILLION)
TABLE 8. EUROPE AUTOMOTIVE COMPOSITES MARKET FOR OTHERS, BY COUNTRY, 2024 - 2033 (KILOTON)
TABLE 9. EUROPE AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2024 - 2033 ($MILLION)
TABLE 10. EUROPE AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2024 - 2033 (KILOTON)
TABLE 11. EUROPE AUTOMOTIVE COMPOSITES MARKET FOR THERMOSET, BY COUNTRY, 2024 - 2033 ($MILLION)
TABLE 12. EUROPE AUTOMOTIVE COMPOSITES MARKET FOR THERMOSET, BY COUNTRY, 2024 - 2033 (KILOTON)
TABLE 13. EUROPE AUTOMOTIVE COMPOSITES MARKET FOR THERMOPLASTIC, BY COUNTRY, 2024 - 2033 ($MILLION)
TABLE 14. EUROPE AUTOMOTIVE COMPOSITES MARKET FOR THERMOPLASTIC, BY COUNTRY, 2024 - 2033 (KILOTON)
TABLE 15. EUROPE AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2024 - 2033 ($MILLION)
TABLE 16. EUROPE AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2024 - 2033 (KILOTON)
TABLE 17. EUROPE AUTOMOTIVE COMPOSITES MARKET FOR EXTERIOR, BY COUNTRY, 2024 - 2033 ($MILLION)
TABLE 18. EUROPE AUTOMOTIVE COMPOSITES MARKET FOR EXTERIOR, BY COUNTRY, 2024 - 2033 (KILOTON)
TABLE 19. EUROPE AUTOMOTIVE COMPOSITES MARKET FOR INTERIOR, BY COUNTRY, 2024 - 2033 ($MILLION)
TABLE 20. EUROPE AUTOMOTIVE COMPOSITES MARKET FOR INTERIOR, BY COUNTRY, 2024 - 2033 (KILOTON)
TABLE 21. EUROPE AUTOMOTIVE COMPOSITES MARKET FOR OTHERS, BY COUNTRY, 2024 - 2033 ($MILLION)
TABLE 22. EUROPE AUTOMOTIVE COMPOSITES MARKET FOR OTHERS, BY COUNTRY, 2024 - 2033 (KILOTON)
TABLE 23. EUROPE AUTOMOTIVE COMPOSITES MARKET, BY COUNTRY, 2024 - 2033 ($MILLION)
TABLE 24. EUROPE AUTOMOTIVE COMPOSITES MARKET, BY COUNTRY, 2024 - 2033 (KILOTON)
TABLE 25. EUROPE AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2024 - 2033 ($MILLION)
TABLE 26. EUROPE AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2024 - 2033 (KILOTON)
TABLE 27. EUROPE AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2024 - 2033 ($MILLION)
TABLE 28. EUROPE AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2024 - 2033 (KILOTON)
TABLE 29. EUROPE AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2024 - 2033 ($MILLION)
TABLE 30. EUROPE AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2024 - 2033 (KILOTON)
TABLE 31. GERMANY AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2024 - 2033 ($MILLION)
TABLE 32. GERMANY AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2024 - 2033 (KILOTON)
TABLE 33. GERMANY AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2024 - 2033 ($MILLION)
TABLE 34. GERMANY AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2024 - 2033 (KILOTON)
TABLE 35. GERMANY AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2024 - 2033 ($MILLION)
TABLE 36. GERMANY AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2024 - 2033 (KILOTON)
TABLE 37. FRANCE AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2024 - 2033 ($MILLION)
TABLE 38. FRANCE AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2024 - 2033 (KILOTON)
TABLE 39. FRANCE AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2024 - 2033 ($MILLION)
TABLE 40. FRANCE AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2024 - 2033 (KILOTON)
TABLE 41. FRANCE AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2024 - 2033 ($MILLION)
TABLE 42. FRANCE AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2024 - 2033 (KILOTON)
TABLE 43. UK AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2024 - 2033 ($MILLION)
TABLE 44. UK AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2024 - 2033 (KILOTON)
TABLE 45. UK AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2024 - 2033 ($MILLION)
TABLE 46. UK AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2024 - 2033 (KILOTON)
TABLE 47. UK AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2024 - 2033 ($MILLION)
TABLE 48. UK AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2024 - 2033 (KILOTON)
TABLE 49. SPAIN AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2024 - 2033 ($MILLION)
TABLE 50. SPAIN AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2024 - 2033 (KILOTON)
TABLE 51. SPAIN AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2024 - 2033 ($MILLION)
TABLE 52. SPAIN AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2024 - 2033 (KILOTON)
TABLE 53. SPAIN AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2024 - 2033 ($MILLION)
TABLE 54. SPAIN AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2024 - 2033 (KILOTON)
TABLE 55. ITALY AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2024 - 2033 ($MILLION)
TABLE 56. ITALY AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2024 - 2033 (KILOTON)
TABLE 57. ITALY AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2024 - 2033 ($MILLION)
TABLE 58. ITALY AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2024 - 2033 (KILOTON)
TABLE 59. ITALY AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2024 - 2033 ($MILLION)
TABLE 60. ITALY AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2024 - 2033 (KILOTON)
TABLE 61. REST OF EUROPE AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2024 - 2033 ($MILLION)
TABLE 62. REST OF EUROPE AUTOMOTIVE COMPOSITES MARKET, BY FIBER TYPE, 2024 - 2033 (KILOTON)
TABLE 63. REST OF EUROPE AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2024 - 2033 ($MILLION)
TABLE 64. REST OF EUROPE AUTOMOTIVE COMPOSITES MARKET, BY RESIN TYPE, 2024 - 2033 (KILOTON)
TABLE 65. REST OF EUROPE AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2024 - 2033 ($MILLION)
TABLE 66. REST OF EUROPE AUTOMOTIVE COMPOSITES MARKET, BY APPLICATION, 2024 - 2033 (KILOTON)
TABLE 67. SGL CARBON: KEY EXECUTIVES
TABLE 68. SGL CARBON: COMPANY SNAPSHOT
TABLE 69. SGL CARBON: OPERATING SEGMENTS
TABLE 70. SGL CARBON: PRODUCT PORTFOLIO
TABLE 71. SGL CARBON: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 72. TEIJIN LIMITED: KEY EXECUTIVES
TABLE 73. TEIJIN LIMITED: COMPANY SNAPSHOT
TABLE 74. TEIJIN LIMITED: OPERATING SEGMENTS
TABLE 75. TEIJIN LIMITED: PRODUCT PORTFOLIO
TABLE 76. TEIJIN LIMITED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 77. BASF SE: KEY EXECUTIVES
TABLE 78. BASF SE: COMPANY SNAPSHOT
TABLE 79. BASF SE: OPERATING SEGMENTS
TABLE 80. BASF SE: PRODUCT PORTFOLIO
TABLE 81. BASF SE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 82. SOLVAY S.A.: KEY EXECUTIVES
TABLE 83. SOLVAY S.A.: COMPANY SNAPSHOT
TABLE 84. SOLVAY S.A.: OPERATING SEGMENTS
TABLE 85. SOLVAY S.A.: PRODUCT PORTFOLIO
TABLE 86. SOLVAY S.A.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 87. HEXCEL CORPORATION: KEY EXECUTIVES
TABLE 88. HEXCEL CORPORATION: COMPANY SNAPSHOT
TABLE 89. HEXCEL CORPORATION: OPERATING SEGMENTS
TABLE 90. HEXCEL CORPORATION: PRODUCT PORTFOLIO
TABLE 91. HEXCEL CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 92. ZOLTEK CORPORATION: KEY EXECUTIVES
TABLE 93. ZOLTEK CORPORATION: COMPANY SNAPSHOT
TABLE 94. ZOLTEK CORPORATION: OPERATING SEGMENTS
TABLE 95. ZOLTEK CORPORATION: PRODUCT PORTFOLIO
TABLE 96. ZOLTEK CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 97. EVONIK INDUSTRIES AG: KEY EXECUTIVES
TABLE 98. EVONIK INDUSTRIES AG: COMPANY SNAPSHOT
TABLE 99. EVONIK INDUSTRIES AG: OPERATING SEGMENTS
TABLE 100. EVONIK INDUSTRIES AG: PRODUCT PORTFOLIO
TABLE 101. EVONIK INDUSTRIES AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 102. MITSUBISHI CHEMICAL GROUP CORPORATION: KEY EXECUTIVES
TABLE 103. MITSUBISHI CHEMICAL GROUP CORPORATION: COMPANY SNAPSHOT
TABLE 104. MITSUBISHI CHEMICAL GROUP CORPORATION: OPERATING SEGMENTS
TABLE 105. MITSUBISHI CHEMICAL GROUP CORPORATION: PRODUCT PORTFOLIO
TABLE 106. MITSUBISHI CHEMICAL GROUP CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 107. COVESTRO AG: KEY EXECUTIVES
TABLE 108. COVESTRO AG: COMPANY SNAPSHOT
TABLE 109. COVESTRO AG: OPERATING SEGMENTS
TABLE 110. COVESTRO AG: PRODUCT PORTFOLIO
TABLE 111. COVESTRO AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 112. LANXESS: KEY EXECUTIVES
TABLE 113. LANXESS: COMPANY SNAPSHOT
TABLE 114. LANXESS: OPERATING SEGMENTS
TABLE 115. LANXESS: PRODUCT PORTFOLIO
TABLE 116. LANXESS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 1. EUROPE AUTOMOTIVE COMPOSITES MARKET,2024 - 2033
FIGURE 2. SEGMENTATION OF EUROPE AUTOMOTIVE COMPOSITES MARKET,2024 - 2033
FIGURE 3. TOP INVESTMENT POCKET IN EUROPE AUTOMOTIVE COMPOSITES MARKET,2024 - 2033
FIGURE 4. MODERATE BARGAINING POWER OF BUYERS
FIGURE 5. MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 6. MODERATE THREAT OF NEW ENTRANTS
FIGURE 7. LOW THREAT OF SUBSTITUTION
FIGURE 8. HIGH COMPETITIVE RIVALRY
FIGURE 9. OPPORTUNITIES, RESTRAINTS AND DRIVERS: EUROPE AUTOMOTIVE COMPOSITES MARKET
FIGURE 10. EUROPE AUTOMOTIVE COMPOSITES MARKET , BY FIBER TYPE,2024 - 2033 ($MILLION)
FIGURE 11. EUROPE AUTOMOTIVE COMPOSITES MARKET FOR GLASS FIBER, BY COUNTRY, 2024 - 2033 ($MILLION)
FIGURE 12. EUROPE AUTOMOTIVE COMPOSITES MARKET FOR CARBON FIBER, BY COUNTRY, 2024 - 2033 ($MILLION)
FIGURE 13. EUROPE AUTOMOTIVE COMPOSITES MARKET FOR OTHERS, BY COUNTRY, 2024 - 2033 ($MILLION)
FIGURE 14. EUROPE AUTOMOTIVE COMPOSITES MARKET , BY RESIN TYPE,2024 - 2033 ($MILLION)
FIGURE 15. EUROPE AUTOMOTIVE COMPOSITES MARKET FOR THERMOSET, BY COUNTRY, 2024 - 2033 ($MILLION)
FIGURE 16. EUROPE AUTOMOTIVE COMPOSITES MARKET FOR THERMOPLASTIC, BY COUNTRY, 2024 - 2033 ($MILLION)
FIGURE 17. EUROPE AUTOMOTIVE COMPOSITES MARKET , BY APPLICATION,2024 - 2033 ($MILLION)
FIGURE 18. EUROPE AUTOMOTIVE COMPOSITES MARKET FOR EXTERIOR, BY COUNTRY, 2024 - 2033 ($MILLION)
FIGURE 19. EUROPE AUTOMOTIVE COMPOSITES MARKET FOR INTERIOR, BY COUNTRY, 2024 - 2033 ($MILLION)
FIGURE 20. EUROPE AUTOMOTIVE COMPOSITES MARKET FOR OTHERS, BY COUNTRY, 2024 - 2033 ($MILLION)
FIGURE 21. TOP WINNING STRATEGIES, BY YEAR, 2021-2023*
FIGURE 22. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2021-2023*
FIGURE 23. TOP WINNING STRATEGIES, BY COMPANY, 2021-2023*
FIGURE 24. PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 25. COMPETITIVE DASHBOARD
FIGURE 26. COMPETITIVE HEATMAP: EUROPE AUTOMOTIVE COMPOSITES MARKET
FIGURE 27. TOP PLAYER POSITIONING,2023
FIGURE 28. SGL CARBON: NET SALES, 2021-2023 ($MILLION)
FIGURE 29. SGL CARBON: REVENUE SHARE, BY SEGMENT, 2023 (%)
FIGURE 30. SGL CARBON: REVENUE SHARE, BY REGION, 2023 (%)
FIGURE 31. TEIJIN LIMITED: NET SALES, 2021-2023 ($MILLION)
FIGURE 32. TEIJIN LIMITED: REVENUE SHARE, BY SEGMENT, 2023 (%)
FIGURE 33. TEIJIN LIMITED: REVENUE SHARE, BY REGION, 2023 (%)
FIGURE 34. BASF SE: NET SALES, 2021-2023 ($MILLION)
FIGURE 35. BASF SE: REVENUE SHARE, BY SEGMENT, 2023 (%)
FIGURE 36. BASF SE: REVENUE SHARE, BY REGION, 2023 (%)
FIGURE 37. SOLVAY S.A.: NET SALES, 2021-2023 ($MILLION)
FIGURE 38. SOLVAY S.A.: REVENUE SHARE, BY SEGMENT, 2023 (%)
FIGURE 39. SOLVAY S.A.: REVENUE SHARE, BY REGION, 2023 (%)
FIGURE 40. HEXCEL CORPORATION: NET SALES, 2021-2023 ($MILLION)
FIGURE 41. HEXCEL CORPORATION: REVENUE SHARE, BY SEGMENT, 2023 (%)
FIGURE 42. HEXCEL CORPORATION: REVENUE SHARE, BY REGION, 2023 (%)
FIGURE 43. ZOLTEK CORPORATION: NET SALES, 2021-2023 ($MILLION)
FIGURE 44. ZOLTEK CORPORATION: REVENUE SHARE, BY SEGMENT, 2023 (%)
FIGURE 45. ZOLTEK CORPORATION: REVENUE SHARE, BY REGION, 2023 (%)
FIGURE 46. EVONIK INDUSTRIES AG: NET SALES, 2021-2023 ($MILLION)
FIGURE 47. EVONIK INDUSTRIES AG: REVENUE SHARE, BY SEGMENT, 2023 (%)
FIGURE 48. EVONIK INDUSTRIES AG: REVENUE SHARE, BY REGION, 2023 (%)
FIGURE 49. MITSUBISHI CHEMICAL GROUP CORPORATION: NET SALES, 2021-2023 ($MILLION)
FIGURE 50. MITSUBISHI CHEMICAL GROUP CORPORATION: REVENUE SHARE, BY SEGMENT, 2023 (%)
FIGURE 51. MITSUBISHI CHEMICAL GROUP CORPORATION: REVENUE SHARE, BY REGION, 2023 (%)
FIGURE 52. COVESTRO AG: NET SALES, 2021-2023 ($MILLION)
FIGURE 53. COVESTRO AG: REVENUE SHARE, BY SEGMENT, 2023 (%)
FIGURE 54. COVESTRO AG: REVENUE SHARE, BY REGION, 2023 (%)
FIGURE 55. LANXESS: NET SALES, 2021-2023 ($MILLION)
FIGURE 56. LANXESS: REVENUE SHARE, BY SEGMENT, 2023 (%)
FIGURE 57. LANXESS: REVENUE SHARE, BY REGION, 2023 (%)
LIST OF TABLES
Table 1. Europe Automotive Composites Market, by Fiber Type, 2024 - 2033 ($Million)
Table 2. Europe Automotive Composites Market, by Fiber Type, 2024 - 2033 (Kiloton)
Table 3. Europe Automotive Composites Market for Glass Fiber, by Country, 2024 - 2033 ($Million)
Table 4. Europe Automotive Composites Market for Glass Fiber, by Country, 2024 - 2033 (Kiloton)
Table 5. Europe Automotive Composites Market for Carbon Fiber, by Country, 2024 - 2033 ($Million)
Table 6. Europe Automotive Composites Market for Carbon Fiber, by Country, 2024 - 2033 (Kiloton)
Table 7. Europe Automotive Composites Market for Others, by Country, 2024 - 2033 ($Million)
Table 8. Europe Automotive Composites Market for Others, by Country, 2024 - 2033 (Kiloton)
Table 9. Europe Automotive Composites Market, by Resin Type, 2024 - 2033 ($Million)
Table 10. Europe Automotive Composites Market, by Resin Type, 2024 - 2033 (Kiloton)
Table 11. Europe Automotive Composites Market for Thermoset, by Country, 2024 - 2033 ($Million)
Table 12. Europe Automotive Composites Market for Thermoset, by Country, 2024 - 2033 (Kiloton)
Table 13. Europe Automotive Composites Market for Thermoplastic, by Country, 2024 - 2033 ($Million)
Table 14. Europe Automotive Composites Market for Thermoplastic, by Country, 2024 - 2033 (Kiloton)
Table 15. Europe Automotive Composites Market, by Application, 2024 - 2033 ($Million)
Table 16. Europe Automotive Composites Market, by Application, 2024 - 2033 (Kiloton)
Table 17. Europe Automotive Composites Market for Exterior, by Country, 2024 - 2033 ($Million)
Table 18. Europe Automotive Composites Market for Exterior, by Country, 2024 - 2033 (Kiloton)
Table 19. Europe Automotive Composites Market for Interior, by Country, 2024 - 2033 ($Million)
Table 20. Europe Automotive Composites Market for Interior, by Country, 2024 - 2033 (Kiloton)
Table 21. Europe Automotive Composites Market for Others, by Country, 2024 - 2033 ($Million)
Table 22. Europe Automotive Composites Market for Others, by Country, 2024 - 2033 (Kiloton)
Table 23. Europe Automotive Composites Market, by Country, 2024 - 2033 ($Million)
Table 24. Europe Automotive Composites Market, by Country, 2024 - 2033 (Kiloton)
Table 25. Europe Automotive Composites Market, by Fiber Type, 2024 - 2033 ($Million)
Table 26. Europe Automotive Composites Market, by Fiber Type, 2024 - 2033 (Kiloton)
Table 27. Europe Automotive Composites Market, by Resin Type, 2024 - 2033 ($Million)
Table 28. Europe Automotive Composites Market, by Resin Type, 2024 - 2033 (Kiloton)
Table 29. Europe Automotive Composites Market, by Application, 2024 - 2033 ($Million)
Table 30. Europe Automotive Composites Market, by Application, 2024 - 2033 (Kiloton)
Table 31. Germany Automotive Composites Market, by Fiber Type, 2024 - 2033 ($Million)
Table 32. Germany Automotive Composites Market, by Fiber Type, 2024 - 2033 (Kiloton)
Table 33. Germany Automotive Composites Market, by Resin Type, 2024 - 2033 ($Million)
Table 34. Germany Automotive Composites Market, by Resin Type, 2024 - 2033 (Kiloton)
Table 35. Germany Automotive Composites Market, by Application, 2024 - 2033 ($Million)
Table 36. Germany Automotive Composites Market, by Application, 2024 - 2033 (Kiloton)
Table 37. France Automotive Composites Market, by Fiber Type, 2024 - 2033 ($Million)
Table 38. France Automotive Composites Market, by Fiber Type, 2024 - 2033 (Kiloton)
Table 39. France Automotive Composites Market, by Resin Type, 2024 - 2033 ($Million)
Table 40. France Automotive Composites Market, by Resin Type, 2024 - 2033 (Kiloton)
Table 41. France Automotive Composites Market, by Application, 2024 - 2033 ($Million)
Table 42. France Automotive Composites Market, by Application, 2024 - 2033 (Kiloton)
Table 43. UK Automotive Composites Market, by Fiber Type, 2024 - 2033 ($Million)
Table 44. UK Automotive Composites Market, by Fiber Type, 2024 - 2033 (Kiloton)
Table 45. UK Automotive Composites Market, by Resin Type, 2024 - 2033 ($Million)
Table 46. UK Automotive Composites Market, by Resin Type, 2024 - 2033 (Kiloton)
Table 47. UK Automotive Composites Market, by Application, 2024 - 2033 ($Million)
Table 48. UK Automotive Composites Market, by Application, 2024 - 2033 (Kiloton)
Table 49. Spain Automotive Composites Market, by Fiber Type, 2024 - 2033 ($Million)
Table 50. Spain Automotive Composites Market, by Fiber Type, 2024 - 2033 (Kiloton)
Table 51. Spain Automotive Composites Market, by Resin Type, 2024 - 2033 ($Million)
Table 52. Spain Automotive Composites Market, by Resin Type, 2024 - 2033 (Kiloton)
Table 53. Spain Automotive Composites Market, by Application, 2024 - 2033 ($Million)
Table 54. Spain Automotive Composites Market, by Application, 2024 - 2033 (Kiloton)
Table 55. Italy Automotive Composites Market, by Fiber Type, 2024 - 2033 ($Million)
Table 56. Italy Automotive Composites Market, by Fiber Type, 2024 - 2033 (Kiloton)
Table 57. Italy Automotive Composites Market, by Resin Type, 2024 - 2033 ($Million)
Table 58. Italy Automotive Composites Market, by Resin Type, 2024 - 2033 (Kiloton)
Table 59. Italy Automotive Composites Market, by Application, 2024 - 2033 ($Million)
Table 60. Italy Automotive Composites Market, by Application, 2024 - 2033 (Kiloton)
Table 61. Rest of Europe Automotive Composites Market, by Fiber Type, 2024 - 2033 ($Million)
Table 62. Rest of Europe Automotive Composites Market, by Fiber Type, 2024 - 2033 (Kiloton)
Table 63. Rest of Europe Automotive Composites Market, by Resin Type, 2024 - 2033 ($Million)
Table 64. Rest of Europe Automotive Composites Market, by Resin Type, 2024 - 2033 (Kiloton)
Table 65. Rest of Europe Automotive Composites Market, by Application, 2024 - 2033 ($Million)
Table 66. Rest of Europe Automotive Composites Market, by Application, 2024 - 2033 (Kiloton)
Table 67. Sgl Carbon: Key Executives
Table 68. Sgl Carbon: Company Snapshot
Table 69. Sgl Carbon: Operating Segments
Table 70. Sgl Carbon: Product Portfolio
Table 71. Sgl Carbon: Key Strategic Moves and Developments
Table 72. Teijin Limited: Key Executives
Table 73. Teijin Limited: Company Snapshot
Table 74. Teijin Limited: Operating Segments
Table 75. Teijin Limited: Product Portfolio
Table 76. Teijin Limited: Key Strategic Moves and Developments
Table 77. BASF SE: Key Executives
Table 78. BASF SE: Company Snapshot
Table 79. BASF SE: Operating Segments
Table 80. BASF SE: Product Portfolio
Table 81. BASF SE: Key Strategic Moves and Developments
Table 82. Solvay SA: Key Executives
Table 83. Solvay SA: Company Snapshot
Table 84. Solvay SA: Operating Segments
Table 85. Solvay SA: Product Portfolio
Table 86. Solvay SA: Key Strategic Moves and Developments
Table 87. Hexcel Corporation: Key Executives
Table 88. Hexcel Corporation: Company Snapshot
Table 89. Hexcel Corporation: Operating Segments
Table 90. Hexcel Corporation: Product Portfolio
Table 91. Hexcel Corporation: Key Strategic Moves and Developments
Table 92. Zoltek Corporation: Key Executives
Table 93. Zoltek Corporation: Company Snapshot
Table 94. Zoltek Corporation: Operating Segments
Table 95. Zoltek Corporation: Product Portfolio
Table 96. Zoltek Corporation: Key Strategic Moves and Developments
Table 97. Evonik Industries AG: Key Executives
Table 98. Evonik Industries AG: Company Snapshot
Table 99. Evonik Industries AG: Operating Segments
Table 100. Evonik Industries AG: Product Portfolio
Table 101. Evonik Industries AG: Key Strategic Moves and Developments
Table 102. Mitsubishi Chemical Group Corporation: Key Executives
Table 103. Mitsubishi Chemical Group Corporation: Company Snapshot
Table 104. Mitsubishi Chemical Group Corporation: Operating Segments
Table 105. Mitsubishi Chemical Group Corporation: Product Portfolio
Table 106. Mitsubishi Chemical Group Corporation: Key Strategic Moves and Developments
Table 107. Covestro AG: Key Executives
Table 108. Covestro AG: Company Snapshot
Table 109. Covestro AG: Operating Segments
Table 110. Covestro AG: Product Portfolio
Table 111. Covestro AG: Key Strategic Moves and Developments
Table 112. Lanxess: Key Executives
Table 113. Lanxess: Company Snapshot
Table 114. Lanxess: Operating Segments
Table 115. Lanxess: Product Portfolio
Table 116. Lanxess: Key Strategic Moves and Developments
LIST OF FIGURES
Figure 1. Europe Automotive Composites Market,2024 - 2033
Figure 2. Segmentation of Europe Automotive Composites Market,2024 - 2033
Figure 3. Top Investment Pocket in Europe Automotive Composites Market,2024 - 2033
Figure 4. Moderate Bargaining Power of Buyers
Figure 5. Moderate Bargaining Power of Suppliers
Figure 6. Moderate Threat of New Entrants
Figure 7. Low Threat of Substitution
Figure 8. High Competitive Rivalry
Figure 9. Opportunities, Restraints and Drivers: Europe Automotive Composites Market
Figure 10. Europe Automotive Composites Market , by Fiber Type,2024 - 2033 ($Million)
Figure 11. Europe Automotive Composites Market for Glass Fiber, by Country, 2024 - 2033 ($Million)
Figure 12. Europe Automotive Composites Market for Carbon Fiber, by Country, 2024 - 2033 ($Million)
Figure 13. Europe Automotive Composites Market for Others, by Country, 2024 - 2033 ($Million)
Figure 14. Europe Automotive Composites Market , by Resin Type,2024 - 2033 ($Million)
Figure 15. Europe Automotive Composites Market for Thermoset, by Country, 2024 - 2033 ($Million)
Figure 16. Europe Automotive Composites Market for Thermoplastic, by Country, 2024 - 2033 ($Million)
Figure 17. Europe Automotive Composites Market , by Application,2024 - 2033 ($Million)
Figure 18. Europe Automotive Composites Market for Exterior, by Country, 2024 - 2033 ($Million)
Figure 19. Europe Automotive Composites Market for Interior, by Country, 2024 - 2033 ($Million)
Figure 20. Europe Automotive Composites Market for Others, by Country, 2024 - 2033 ($Million)
Figure 21. Top Winning Strategies, by Year, 2021-2023*
Figure 22. Top Winning Strategies, by Development, 2021-2023*
Figure 23. Top Winning Strategies, by Company, 2021-2023*
Figure 24. Product Mapping of Top 10 Players
Figure 25. Competitive Dashboard
Figure 26. Competitive Heatmap: Europe Automotive Composites Market
Figure 27. Top Player Positioning,2023
Figure 28. Sgl Carbon: Net Sales, 2021-2023 ($Million)
Figure 29. Sgl Carbon: Revenue Share, by Segment, 2023 (%)
Figure 30. Sgl Carbon: Revenue Share, by Region, 2023 (%)
Figure 31. Teijin Limited: Net Sales, 2021-2023 ($Million)
Figure 32. Teijin Limited: Revenue Share, by Segment, 2023 (%)
Figure 33. Teijin Limited: Revenue Share, by Region, 2023 (%)
Figure 34. BASF SE: Net Sales, 2021-2023 ($Million)
Figure 35. BASF SE: Revenue Share, by Segment, 2023 (%)
Figure 36. BASF SE: Revenue Share, by Region, 2023 (%)
Figure 37. Solvay SA: Net Sales, 2021-2023 ($Million)
Figure 38. Solvay SA: Revenue Share, by Segment, 2023 (%)
Figure 39. Solvay SA: Revenue Share, by Region, 2023 (%)
Figure 40. Hexcel Corporation: Net Sales, 2021-2023 ($Million)
Figure 41. Hexcel Corporation: Revenue Share, by Segment, 2023 (%)
Figure 42. Hexcel Corporation: Revenue Share, by Region, 2023 (%)
Figure 43. Zoltek Corporation: Net Sales, 2021-2023 ($Million)
Figure 44. Zoltek Corporation: Revenue Share, by Segment, 2023 (%)
Figure 45. Zoltek Corporation: Revenue Share, by Region, 2023 (%)
Figure 46. Evonik Industries AG: Net Sales, 2021-2023 ($Million)
Figure 47. Evonik Industries AG: Revenue Share, by Segment, 2023 (%)
Figure 48. Evonik Industries AG: Revenue Share, by Region, 2023 (%)
Figure 49. Mitsubishi Chemical Group Corporation: Net Sales, 2021-2023 ($Million)
Figure 50. Mitsubishi Chemical Group Corporation: Revenue Share, by Segment, 2023 (%)
Figure 51. Mitsubishi Chemical Group Corporation: Revenue Share, by Region, 2023 (%)
Figure 52. Covestro AG: Net Sales, 2021-2023 ($Million)
Figure 53. Covestro AG: Revenue Share, by Segment, 2023 (%)
Figure 54. Covestro AG: Revenue Share, by Region, 2023 (%)
Figure 55. Lanxess: Net Sales, 2021-2023 ($Million)
Figure 56. Lanxess: Revenue Share, by Segment, 2023 (%)
Figure 57. Lanxess: Revenue Share, by Region, 2023 (%)

Companies Mentioned

  • SGL Carbon
  • TEIJIN LIMITED
  • BASF SE
  • Solvay S.A.
  • Hexcel Corporation
  • ZOLTEK Corporation
  • Evonik Industries AG
  • Mitsubishi Chemical Group Corporation
  • Covestro AG
  • LANXESS

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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Table Information

Report AttributeDetails
No. of Pages320
PublishedNovember 2024
Forecast Period2023 - 2033
Estimated Market Value ( USD ) in 2023 $ 1.9 billion
Forecasted Market Value ( USD ) by 2033 $ 2.8 billion
Compound Annual Growth Rate4.1%
Regions CoveredEurope
No. of Companies Mentioned10

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About the Automotive Composite Market

The Automotive Composite market is a segment of the Automotive Parts industry that focuses on the production of composite materials for use in the automotive sector. Composite materials are a combination of two or more materials with different physical or chemical properties, which when combined, create a material with improved properties. Automotive composites are used in a variety of applications, such as body panels, interior trim, and structural components. They offer advantages such as improved strength, weight reduction, and corrosion resistance. The Automotive Composite market is highly competitive, with a number of companies offering a range of products and services. Major players in the market include Toray Industries, Teijin Limited, SGL Group, Hexcel Corporation, and Owens Corning. Other companies in the market include Cytec Solvay Group, Gurit Holding AG, Mitsubishi Rayon Co. Ltd., and TenCate Advanced Composites. Show Less Read more

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