Global Automotive Thermoplastic Resin Composites Market : Trends, Forecast, and Opportunity Analysis 1

Industry Profiles Snapshot Major ParameterDescription Market Segments by Application Type Interior, exterior, power train system/engine components, chassis system, under the body systems, electrical and electronics and others Market Segments by Resin Type PA,PP, PBT and others Market Segments by Intermediate Material LFT, SFT, CFT,GMT and others Market Segments by country US, Canada, Mexico, Germany,UK, France, Italy, Spain,China,India,Brazil Market Segments by Region North America, Europe, Asia Pacific and Rest of the World Top Companies Name Celanese’s Advanced Engineered Materials (Ticona), SABIC, Tencate, Cytec, BASF, DSM, Dupont and Quadrant Trend Growth Rate and CAGR5.1% Key Industry Forecast Thermoplastic resin in the global automotive composites market is expected to reach an estimated $4.7 billion by 2022 and it is forecast to grow at a CAGR of 5.1% from 2017 to 2022 Key Industry Driver Driver: Increasing automotive production and growing demand for lightweight and durable materials due to stringent government regulations to increase fuel efficiency and reduce greenhouse gas emissions 2

Industry Overview Market Size Thermoplastic resin in the global automotive composites market is expected to reach an estimated $4.7 billion by 2022 and it is forecast to grow at a CAGR of 5.1% from 2017 to Emerging trends, which have a direct impact on the dynamics of the automotive thermoplastic resin composites industry, include increasing inter-material competition and increasing focus on continuous fiber reinforced thermoplastic composites.. Market Size (2022)$4.7 billion CAGR ( )5.1% 3 Industry Performance : Forecast