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)
Region:Middle East
Product Code:UMAU18112
September 2018
126
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.
Scope of the Report
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
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
Research Methodology
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