Latin America Market Insights on Automotive Composite Materials, 2018-2024: Emphasis on Material Type (Polymer Matrix Composites, Metal Matrix Composites, Ceramic Matrix Composites and Hybrid Composites), Manufacturing Process (Hand Lay up, Compression Molding, Injection Molding, Resin Transfer Molding)
September 2018
126
About the Report
About the Report
The report titled Latin America Market Insights on Automotive Composite Materials, 2018-2024" provides a detailed view of present market scenario of Automotive Composite material at Latin America. The report provides an overall analysis of Automotive Composite Materials market growth in Latin American (LATAM) region by material type (Polymer Matrix Composite (PMC), Metal Matrix Composite (MMC), Ceramic Matrix Composite (CMC) and Hybrid Composite), Manufacturing Process Type ( Hand Lay Up, Compression Molding, Injection Molding and Resin Transfer Molding (RTM)), Application (Interior, Exterior, Chassis, Powertrain and Under the Hood and Structural), and by vehicle type (Performance Cars, Passenger Cars and Others) and by country ( Brazil, Argentina, Chile and rest of Latin America).
The report also covers in depth country wise analysis and benefits of composite materials, market dynamics (drivers, restrain and opportunity), demand and supply side analysis, along with market share of leading companies (BASF CORPORATION, DowDupont, Gurit Holding AG, Magna International Inc., Mitsubishi Chemicals Holding Corporation, Owens corning, SGL Group, Solvay S.A., Teijin Limited, Toray Industries Inc) at regional level. The report also includes SWOT analysis, key product offering, financials and revenue splits, expansion strategies and recent developments.
Latin America Automotive Composite Material Market Size
In terms of revenue, Latin America is considered to be one of the major potential business areas by most of the automotive OEMs and composite materials suppliers. Hence, these players are expanding their businesses in the region to tap the possible opportunities. Owing to the growth witnessed in the number of new vehicle registration during the past few years and therefore, upsurge in the level of Greenhouse Gases (GHG) emissions in the environment. Players in the region are to deploy composite materials in their models as it reduces the overall weight of the vehicle and increase the fuel efficiency.
Latin America Automotive Composite Material Market Segmentation
Segmentation by Material Type
Presently, PMCs are the most popular composite type among the automakers due to high flexibility, high insulation, lower density and lighter weight as compared to other composite materials type. However, low cost and exceptional structural and mechanical properties of hybrid composites are making them an alternative to the single fiber composites.
Segmentation by Manufacturing Process Type
In 2017 Injection molding process dominated the market and is expected to continue its dominance over the forecast period. On the other hand, RTM will be the fastest growing manufacturing process because of its rising adoption in the auto industry.
Segmentation by Application
In 2017, among different application areas, exterior segment dominated the market. Latin America's automotive industry is highly impacted by North America, the stringent regulations on vehicle interior air quality in North America are expected to fuel the demand of composite demand for vehicle interiors in Latin America as well, owing to which Latin America interior application market is expected to be the fastest growing market during the forecast period.
Segmentation by Vehicle Type
Passenger car segment held the maximum market share in 2017 and will continue to dominate the market during the forecast period.
Segmentation by Country
Latin America is the primary contributor to the high levels of CO2 emission. Owing to the alarming GHG level in the region, countries such as Brazil, Argentina, Chile and others have pledged to decrease the GHG levels to a certain level in the foreseeable future. Such initiatives have motivated the auto players in the region to deploy composite materials in their models as composites reduce the overall weight of the vehicle and escalate the fuel efficiency. In 2017, Brazil dominated the market in Latin America region.
Scope of the Study:
Latin America Composite Material Market Segmentation
Market Segmentation
By Material Type
Polymer Matrix Composite (PMC)
Metal Matrix Composite (MMC)
Ceramic Matrix Composite (CMC)
Hybrid Composite
By Manufacturing Process Type
Hand Lay Up
Compression Molding
Injection Molding
Resin Transfer Molding (RTM)
By Application Type
Interior
Exterior
Chassis, Powertrain and Under the Hood
Structural
By Vehicle Type
Performance Cars
Passenger Cars
Others
By Country
Brazil
Argentina
Chile
Rest of Latin America
Company Profiled
o BASF CORPORATION
o DowDupont
o Gurit Holding AG
o Magna International Inc.
o Mitsubishi Chemicals Holding Corporation
o Owens corning
o SGL Group
o Solvay S.A.
o Teijin Limited
o Toray Industries Inc.
Reasons to Buy:
The study includes market sizing and forecasting analysis validated by authenticated key industry experts
The report presents a quick review of overall industry performance at one glance
The report covers an in depth analysis of prominent industry peers with primary focus on key business financials, product portfolio, expansion strategies and recent developments
Detailed examination on drivers, restraints, key trends and opportunities prevailing in the industry.
The study comprehensively covers the market across different segments
Deep dive country level analysis of the industry
Customization Options
Latin America Composite Material Market can be customized to country level or any other market segment. Besides this, UMI understands that you may have your own business need, please connect with our analyst, who will ensure you get a report that suits your needs.
Products
Companies
BASF SE, DowDuPont Inc., Gurit Holding AG, Magna International Inc., Mitsubishi Chemical Holdings Corporation, Owens Corning, SGL Group, Solvay SA, Teijin Limited, Toray Industries Inc.
Table of Contents
Table of Contents
1 MARKET INTRODUCTION
1.1 Market Definition
1.2 Objective of the Study
1.3 Limitation
1.4 Stakeholders
1.5 Currency used in the Report
2 RESEARCH METHODOLOGY OR ASSUMPTION
2.1 Secondary Data
2.1.1 Key Secondary Sources
2.2 Primary Data
2.2.1 Sampling Techniques & Data Collection Methods
2.2.2 Primary Participants
3 INDUSTRY PERFORMANCE
4 EXECUTIVE SUMMARY
5 MARKET OVERVIEW
5.1 Market Dynamics
5.1.1 Market Trends & Drivers
5.1.1.1 Stringent Government Regulations on GHG emission
5.1.1.2 Increasing Demand of Composites among Hybrid and Electric Vehicles
5.1.1.3 Crashworthiness Capability
5.1.2 Market Restraints
5.1.2.1 High Cost of the Raw Materials
5.1.3 Opportunities
5.1.3.1 Growing Scope of Hybrid Composite Materials
5.1.3.2 Evolving Brazilian Automotive Composite Market
6 BENEFITS OF COMPOSITE MATERIALS
7 MARKET INSIGHTS BY MATERIAL TYPE
7.1 General Overview
7.2 Polymer Matrix Composite (PMC)
7.2.1 Thermoset Matrix
7.2.2 Thermoplastic Matrix
7.3 Metal Matrix Composite (MMC)
7.4 Ceramic Matrix Composite (CMC)
7.5 Hybrid Composites
8 MARKET INSIGHTS BY MANUFACTURING PROCESS
8.1 General Overview
8.2 Hand Lay up
8.3 Compression Molding
8.4 Injection Molding
8.5 Resin Transfer Molding
9 MARKET INSIGHTS BY APPLICATION
9.1 General Overview
9.2 Interior
9.3 Exterior
9.4 Chassis, Powertrain and Under the Hood
9.5 Structural
10 MARKET INSIGHTS BY VEHICLE TYPES
10.1 Overview
10.2 Performance Cars
10.3 Passenger Cars
10.4 Others (Light Commercial Vehicles, Buses, Trucks and Others)
11 MARKET INSIGHTS BY COUNTRY
11.1 General Overview
11.1.1 Latin America Automotive Composite Materials Market, by Material Type
11.1.2 Latin America Automotive Composite Market, by Manufacturing Process
11.1.3 Latin America Automotive Composite Materials Market, by Application
11.1.4 Latin America Automotive Composite Materials Market, by Vehicle Type
11.1.5 Latin America Automotive Composite Materials Market, by Country
11.1.5.1 Brazil Automotive Composite Materials Market
11.1.5.1.1 Brazil Automotive Composite Market, by Material Type
11.1.5.1.2 Brazil Automotive Composite Market, by Manufacturing Process
11.1.5.1.3 Brazil Automotive Composite Market, by Application
11.1.5.1.4 Brazil Automotive Composite Market, by Vehicle Type
11.1.5.2 Argentina Automotive Composite Materials Market
11.1.5.2.1 Argentina Automotive Composite Market, by Material Type
11.1.5.2.2 Argentina Automotive Composite Market, by Manufacturing Process
11.1.5.2.3 Argentina Automotive Composite Market, by Application
11.1.5.2.4 Argentina Automotive Composite Market, by Vehicle Type
11.1.5.3 Chile Automotive Composite Materials Market
11.1.5.3.1 Chile Automotive Composite Market, by Material Type
11.1.5.3.2 Chile Automotive Composite Market, by Manufacturing Process
11.1.5.3.3 Chile Automotive Composite Market, by Application
11.1.5.3.4 Chile Automotive Composite Market, by Vehicle Type
11.1.5.4 Rest of Latin America Automotive Composite Materials Market
11.1.5.4.1 Rest of LATAM Automotive Composite market, by Material Type
11.1.5.4.2 Rest of LATAM Automotive Composite market, by Manufacturing Process
11.1.5.4.3 Rest of LATAM Automotive Composite market, by Application
11.1.5.4.4 Rest of LATAM Automotive Composite market, by Vehicle Type
12 COMPETITIVE SCENARIO
12.1 Latin America Automotive Composite Materials Market Share of Major Players, 2017
13 COMPANY PROFILES
13.1 BASF SE
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Key Product/Services Offerings
13.1.4 SWOT Analysis
13.1.5 Key Financials
13.1.5.1 Revenue Split, by Region
13.1.5.2 Revenue Split, by Business Segment
13.1.6 Recent Developments
13.2 DowDuPont Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Key Product/Services Offerings
13.2.4 SWOT Analysis
13.2.5 Key Financials
13.2.5.1 Revenue Split, by Region
13.2.5.2 Revenue Split, by Business Segment
13.2.6 Recent developments
13.3 Gurit Holding AG
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Key Product/Services Offerings
13.3.4 SWOT Analysis
13.3.5 Key Financials
13.3.5.1 Revenue Split, by Region
13.3.5.2 Revenue Split, by Business Segment
13.3.6 Recent developments
13.4 Magna International Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Key Product/Services Offerings
13.4.4 SWOT Analysis
13.4.5 Key Financials
13.4.5.1 Revenue Split, by Region
13.4.5.2 Revenue Split, by Business Segment
13.4.6 Recent developments
13.5 Mitsubishi Chemical Holdings Corporation
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Key Product/Services Offerings
13.5.4 SWOT Analysis
13.5.5 Key Financials
13.5.5.1 Revenue Split, by Region
13.5.5.2 Revenue Split, by Business Segment
13.5.6 Recent developments
13.6 Owens Corning
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Key Product/Services Offerings
13.6.4 SWOT Analysis
13.6.5 Key Financials
13.6.5.1 Revenue Split, by Region
13.6.5.2 Revenue Split, by Business Segment
13.6.6 Recent developments
13.7 SGL Group
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 SWOT Analysis
13.7.4 Key Financials
13.7.4.1 Revenue Split, by Region
13.7.4.2 Revenue Split, by Business Segment
13.7.4.3 Revenue of CFM, by Industry
13.7.4.4 Revenue of GMS, by Industry
13.7.5 Recent developments
13.8 Solvay SA
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Key Product/Services Offerings
13.8.4 SWOT Analysis
13.8.5 Key Financials
13.8.5.1 Revenue Split, by Region
13.8.5.2 Revenue Split, by Business Segment
13.8.1 Recent developments
13.9 Teijin Limited
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Key Product/Services Offerings
13.9.4 SWOT Analysis
13.9.5 Key Financials
13.9.5.1 Revenue Split, by Region
13.9.5.2 Revenue Split, by Business Segment
13.9.6 Recent developments
13.1 Toray Industries Inc.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Key Product/Services Offerings
13.10.4 SWOT Analysis
13.10.5 Key Financials
13.10.5.1 Revenue Split, by Region
13.10.5.2 Revenue Split, by Business Segment
13.10.6 Recent developments
List of Figure
FIG. 1 Latin America Automotive Composites Market Size, 2014-24 (USD Mn)
FIG. 2 GHG Emissions Worldwide, 2017
FIG. 3 Distribution of Crash Positions on the Sides of the Vehicle
FIG. 4 Cost Comparison of Automotive Materials
FIG. 5 Supply Chain of Automotive Composite Materials Market
FIG. 6 Different Stages in Value Chain of Automotive Composite Materials Industry
FIG. 7 Benefits of Composite Materials
FIG. 8 Latin America Automotive Composites Market Share, by Material type, 2017 & 2024 (%)
FIG. 9 Latin America Automotive Composites Market Size, by Material type 2017-2024 (USD Mn)
FIG. 10 Latin America PMC Market Size, by Country, 2017-24 (USD Mn)
FIG. 11 Latin America PMC market, by Matrix Type, 2017-24 (USD Mn)
FIG. 12 Latin America Thermoset Matrix Market Size, by Country, 2017-24 (USD Mn)
FIG. 13 Latin America Thermoplastic Matrix Market Size, by Country, 2017-24 (USD Mn)
FIG. 14 Latin America Metal Matrix Composite Market Size, by Country, 2017-24 (USD Mn)
FIG. 15 Latin America Ceramic Matrix Composite Market Size, by Country, 2017-24 (USD Mn)
FIG. 16 Latin America Hybrid Composites Market Size, by Country, 2017-24 (USD Mn)
FIG. 17 Latin America Automotive Composites Market Share, by Manufacturing Process, 2017 & 2024 (%)
FIG. 18 Latin America Automotive Composites Market Size, by Manufacturing Process, 2017-24 (USD Mn)
FIG. 19 Latin America Compression Moulding Market Size, by Country, 2017-24 (USD Mn)
FIG. 20 Latin America Hand Lay-Up Market Size, by Country, 2017-24 (USD Mn)
FIG. 21 Latin America Injection Moulding Market Size, by Country, 2017-24 (USD Mn)
FIG. 22 Latin America Resin Transfer Moulding Market Size, by Country, 2017-24 (USD Mn)
FIG. 23 Latin America Automotive Composites Market Size, by Application Type, 2017 & 2024 (%)
FIG. 24 Latin America Automotive Composites Market Size, by Application Type, 2017-24 (USD Mn)
FIG. 25 Latin America Interior Application Market Size, by Country, 2017-24 (USD Mn)
FIG. 26 Latin America Exterior Application Market Size, by Country, 2017-24 (USD Mn)
FIG. 27 Latin America Chassis, Powertrain and Under the Hood Application Market Size, by Country, 2017-24 (USD Mn)
FIG. 28 Latin America Structural Application Market Size, By Country, 2017-24 (USD Mn)
FIG. 29 Latin America Automotive Composites Market Share, by Vehicle Type, 2017 & 2024 (%)
FIG. 30 Latin America Automotive Composites Market Size, by Vehicle Type, 2017-24 (USD Mn)
FIG. 31 Latin America Passenger Cars Composites Market Size, by Country, 2017-24 (USD Mn)
FIG. 32 Latin America Performance Car Composites Market Size, by Country, 2017-24 (USD Mn)
FIG. 33 Latin America Other Vehicles Composites Market Size, by Country, 2017-24 (USD Mn)
FIG. 34 Latin America Automotive Composites Market Share, by Country, 2017 & 2024 (%)
FIG. 35 Latin America Automotive Composite Materials Market Size, by Country, 2017-24 (USD Mn)
FIG. 36 Brazil Automotive Composite Materials Market Size, by Material Type, 2017-24 (USD Mn)
FIG. 37 Brazil Polymer Matrix Composites Market Size, by Material Type, 2017-24 (USD Mn)
FIG. 38 Brazil Automotive Composite Market Size, by Manufacturing Process, 2017-24 (USD Mn)
FIG. 39 Brazil Automotive Composite Materials Market Size, by Application, 2017-24 (USD Mn)
FIG. 40 Brazil Automotive Composite Materials Market Size, by Vehicle Type, 2017-24 (USD Mn)
FIG. 41 Argentina Automotive Composite Materials Market Size, by Material Type, 2017-24 (USD Mn)
FIG. 42 Argentina Polymer Matrix Composites Market Size, by Material Type, 2017-24 (USD Mn)
FIG. 43 Argentina Automotive Composite Market Size, by Manufacturing Process, 2017-24 (USD Mn)
FIG. 44 Argentina Automotive Composite Materials Market Size, by Application, 2017-24 (USD Mn)
FIG. 45 Argentina Automotive Composite Materials Market Size, by Vehicle Type, 2017-24 (USD Mn)
FIG. 46 Chile Automotive Composite Materials Market Size, by Material Type, 2017-24 (USD Mn)
FIG. 47 Chile Polymer Matrix Composites Market Size, by Material Type, 2017-24 (USD Mn)
FIG. 48 Chile Automotive Composite Market Size, by Manufacturing Process, 2017-24 (USD Mn)
FIG. 49 Chile Automotive Composite Materials Market Size, by Application, 2017-24 (USD Mn)
FIG. 50 Chile Automotive Composite Materials Market Size, by Vehicle Type, 2017-24 (USD Mn)
FIG. 51 Rest of LATAM Automotive Composite Materials Market Size, by Material Type, 2017-24 (USD Mn)
FIG. 52 Rest of LATAM Polymer Matrix Composites Market Size, by Material Type, 2017-24 (USD Mn)
FIG. 53 Rest of LATAM Automotive Composite Market Size, by Manufacturing Process, 2017-24 (USD Mn)
FIG. 54 Rest of LATAM Automotive Composite Materials Market Size, by Application, 2017-24 (USD Mn)
FIG. 55 Rest of LATAM Automotive Composite Materials Market Size, by Vehicle Type, 2017-24 (USD Mn)
FIG. 56 Latin America Automotive Composite Materials Market Share, by Company 2017
FIG. 57 BASF, SWOT Analysis
FIG. 58 BASF SE, Revenue Split, 2017
FIG. 59 Cisco Systems, SWOT Analysis
FIG. 60 DowDuPont Inc., Revenue Split, 2017
FIG. 61 Gurit Holding, SWOT Analysis
FIG. 62 Gurit Holding, Revenue Split, 2017
FIG. 63 Cisco Systems, SWOT Analysis
FIG. 64 Magna International, Revenue Split, 2017
FIG. 65 Mitsubishi Chemical, SWOT Analysis
FIG. 66 Cisco Systems, Revenue Split, 2017
FIG. 67 Owens Corning, SWOT Analysis
FIG. 68 Owens Corning, Revenue Split, 2017
FIG. 69 SGL Group, SWOT Analysis
FIG. 70 SGL Group, Revenue Split, 2017
FIG. 71 Solvay, SWOT Analysis
FIG. 72 Cisco Systems, Revenue Split, 2017
FIG. 73 Teijin Limited, SWOT Analysis
FIG. 74 Teijin Limited, Revenue Split, 2017
FIG. 75 Toray Industries, SWOT Analysis
FIG. 76 Toray Industries, Revenue Split, 2017
List of Table
TABLE 1 Regulations on GHG Emission
TABLE 1 BASF SE Key Facts
TABLE 2 Products segmentation of BASF SE
TABLE 3 BASF SE Growth Strategy
TABLE 4 BASF SE financials, USD Mn
TABLE 5 DowDuPont Inc. key facts
TABLE 6 Products segmentation of DowDuPont Inc.
TABLE 7 DowDuPont Inc. Growth Strategy
TABLE 8 DowDuPont Inc. Financials, USD Mn
TABLE 9 Gurit Holding AG Key Facts
TABLE 10 Products segmentation of Gurit Holding AG
TABLE 11 Gurit Holding AG Growth Strategy
TABLE 12 Gurit Holding AG financials, USD Mn
TABLE 13 Magna International Inc. Key Facts
TABLE 14 Products segmentation of Magna International Inc.
TABLE 15 Magna International Inc. Financials, USD Mn
TABLE 16 Mitsubishi Chemical Holdings Corporation Key Facts
TABLE 17 Products segmentation of Mitsubishi Chemical Holdings Corporation
TABLE 18 Mitsubishi Chemical Holdings Corporation Financials, USD Mn
TABLE 19 Owens Corning Key Facts
TABLE 20 Products segmentation of Owens Corning
TABLE 21 Owens Corning Growth Strategy
TABLE 22 Owens Corning Financials, USD Mn
TABLE 23 SGL Group key facts
TABLE 24 Products segmentation of Cisco Systems
TABLE 25 SGL Group, Growth Strategy
TABLE 26 SGL Group financials, USD Mn
TABLE 27 Solvay SA key facts
TABLE 28 Products segmentation of Solvay SA
TABLE 29 Solvay SA Growth Strategy
TABLE 30 Solvay SA financials, USD Mn
TABLE 31 Teijin Limited name key facts
TABLE 32 Products segmentation of Teijin Limited
TABLE 33 Teijin Limited Growth Strategy
TABLE 34 Teijin Limited name financials, USD Mn
TABLE 35 Toray Industries Inc. name key facts
TABLE 36 Products segmentation of Toray Industries Inc.
TABLE 37 Toray Industries Inc. Growth Strategy
TABLE 38 Toray Industries Inc. name financials, USD Mn
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