What is the current US Automotive Composites Market size?

The US Automotive Composites Market is projected to register a CAGR of greater than 13% during the forecast period (2024-2029) Read More

Who are the key players in US Automotive Composites Market?

3B Fiberglass , Delphi Technologies, General Motors Company, SGL Carbon SE and Nippon Sheet Glass Co Ltd are the major companies operating in the US Automotive Composites Market. Read More

What years does this US Automotive Composites Market cover?

The report covers the US Automotive Composites Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the US Automotive Composites Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

US Automotive Composites Market - Size, Trends & Share

US Automotive Composites Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

US Automotive Composite Materials Market is segmented by application type (Structural Assembly, Powertrain Component, Interior, Exterior, and Others), Process Type (Hand Layup / Manual Process, Compression Molding, Injection Molding, and Continuous Process), and Material Type (Thermoset Polymer, Thermoplastic Polymer, Carbon Fiber, and Glass Fiber).

US Automotive Composites Industry Overview

The United States of America automotive composite market is consolidated. Industry participants are expected to expect intensive competition owing to aggressive strategies, including acquisitions, pricing, merges, and new product development. Significant players in the market are hexcel Corporation, Mitsubishi Chemical Carbon Fibre and composite Inc, SGL carbon and Toray Industries Inc.

In November 2018, Hexcel Corporation acquired ARC technologies, the same company in 2017 acquired Oxford performance material company. In March 2018, Toray industries acquired TenCate advanced composites for 823.8 million Euros. PPG Industries fibreglass was acquired by Nippon On Sep 14, 2017. Composite material manufacturer GreenCore materials announced on Jan 29, 2020 that they will setup a 10 million USD factory in Georgetown. On March 6, 2020 TRB lightweight and Toyota Tsuho America announced joint venture to produce high volume composite parts to serve automotive industry in North American region.