Automotive Composites Market: Global Industry Analysis and Forecast 2014 2020
Persistence Market Research
Automotive Composites Market: Global
Industry Analysis and Forecast 2014 - 2020
Persistence Market Research
1
Automotive Composites Market: Global Industry Analysis and Forecast 2014 2020
Persistence Market Research Released New Market Report on “Automotive Composites
Market: Global Industry Analysis and Forecast 2014 - 2020”.
A composite is made from two or more materials with altered physical or chemical properties. It
consists of high performance fiber in a matrix material that provides significantly enhanced
properties as compared to individual materials.Composites such as glass fiber, aramid fiber and
carbon fiber among others are increasingly used in the automotive industry due to their quality,
strength and weight. Composites improve fuel efficiency by reducing weight of automobile,
improve safety by minimizing post crash hazard, give an aesthetic look, improved ride quality,
are corrosion resistance and provide an aerodynamic design to reduce air drag. The raw carbon
material is converted to carbon fibers using pyrolysis which is a slow process that is combined
with stressing to achieve a high percentage of carbon with fiber tension.Application of
composites in automotive industry includes production of chassis, springs, drive shafts, hoods
and electrical components. It is also used in sheet mounding compound fenders and
thermoplastic tail doors. Engine and transmission applications are rare.
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There are three major factors which are expected drive the growth of the automotive composite
market. There is a growing demand for fuel efficient vehicles to comply with environmental
regulations in the EU and US. Composites reduce the vehicle weight by almost 60% which
improves the fuel economy of the vehicle. Secondly...