Report overview
Thermoset plastics, or thermoset composites, are synthetic materials that strengthen when heated, but cannot successfully be remolded or reheated after initial heat-forming or molding. After thermosets are molded, the resulting parts offer protection against high operating temperatures, corrosion, and chemical resistance. These material property benefits allow molded thermoset parts to be used in a variety of aggressive and challenging end-use environments, from electrical applications to automotive powertrain and transmission components to products with outdoor element exposure. Using a thermoset molding process allows final parts and assemblies to remain dimensionally and chemically stable against elements such as moisture, high heat or operating temperatures, electric voltage, and chemicals or automotive fluids.
This report aims to provide a comprehensive presentation of the global market for Thermoset Composites for Automotive, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thermoset Composites for Automotive. This report contains market size and forecasts of Thermoset Composites for Automotive in global, including the following market information:
Global Thermoset Composites for Automotive Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global Thermoset Composites for Automotive Market Sales, 2018-2023, 2024-2030, (Kiloton)
Global top five Thermoset Composites for Automotive companies in 2022 (%)
The global Thermoset Composites for Automotive market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
CFRP(Carbon Fiber Reinforced Plastics) Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Thermoset Composites for Automotive include Sumitomo Bakelite, Toray Advanced, Adler Plastics, BASF, Solvay, Owens Corning, Teijin, SGL and PPG, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Thermoset Composites for Automotive manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Thermoset Composites for Automotive Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (Kiloton)
Global Thermoset Composites for Automotive Market Segment Percentages, by Type, 2022 (%)
CFRP(Carbon Fiber Reinforced Plastics)
Prepreg (CF, Epoxy)
Global Thermoset Composites for Automotive Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (Kiloton)
Global Thermoset Composites for Automotive Market Segment Percentages, by Application, 2022 (%)
Air Deflectors and Spoilers
Frames for Windows/Sunroofs
Air-Intake Manifolds
Front-end Grill Opening Panels
Battery Casings and Covers
Headlamp Housings
Bumpers and Bumper Beam
Heat Shields (Engine, Transmission)
Cylinder Head (e.g. valve, rocker, cam) Covers
Others
Global Thermoset Composites for Automotive Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (Kiloton)
Global Thermoset Composites for Automotive Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Thermoset Composites for Automotive revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Thermoset Composites for Automotive revenues share in global market, 2022 (%)
Key companies Thermoset Composites for Automotive sales in global market, 2018-2023 (Estimated), (Kiloton)
Key companies Thermoset Composites for Automotive sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Sumitomo Bakelite
Toray Advanced
Adler Plastics
BASF
Solvay
Owens Corning
Teijin
SGL
PPG
Huntsman
Outline of Major Chapters:
Chapter 1: Introduces the definition of Thermoset Composites for Automotive, market overview.
Chapter 2: Global Thermoset Composites for Automotive market size in revenue and volume.
Chapter 3: Detailed analysis of Thermoset Composites for Automotive manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Thermoset Composites for Automotive in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Thermoset Composites for Automotive capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
