ASEAN Automotive Composites Market : Trends, Forecast, and Opportunity Analysis 1

Industry Profiles Snapshot Major ParameterDescription Market Segments by Application Exterior, interior, power train system, under body system, electrical and electronics and others Market Segments by Material SFT, LFT, SMC, BMC, GMT and others Market Segments by Fiber Composites Glass fiber composites, carbon fiber composites, and natural fiber composites Market Segments by Resin Type PP, PA, PBT, polyester, vinyl ester, and other composites Market Segments by Resin Group Thermoplastic and thermoset composites Market Segments by country Malaysia, Thailand, Vietnam, Indonesia Top Companies NamePolynt, Hanwha, and Polyone Trend Growth Rate and CAGR6.5% Key Industry Forecast The ASEAN automotive composites market is forecast to grow at a CAGR of 6.5% from 2017 to Key Industry Driver Driver: Increases automotive production and increasing demand for lightweight materials to achieve higher fuel efficiency and reduce greenhouse gas emissions. 2

Industry Overview Market Size The ASEAN automotive composites market is forecast to grow at a CAGR of 6.5% from 2017 to Lucintel forecasts that the power train system is expected to be the largest market and under body system is expected to show the highest growth during the forecast period from 2017 to CAGR ( )6.5% 3 Industry Performance : Forecast