Report Description Table Of Content Research Methodology Download Free Sample

Market Snapshot

CAGR:7.64

2023

2032

Source: Market Expertz

Study Period	2019-2032
Base Year	2023
Forcast Year	2023-2032
CAGR	7.64

Gain accurate insights regarding the negative impacts of COVID-19 on all markets and industries

Download Sample Pdf

Report Overview

Automotive Glass Fiber Composites Market Analysis Report 2023-2032

The Automotive Glass Fiber Composites Market is set to experience a Compound Annual Growth Rate (CAGR) of 7.62% between 2022 and 2032, leading to a significant market size increase of USD 3,589.78 million over this period. Several factors contribute to this growth, including the pursuit of lightweight materials for improved fuel efficiency and emissions reduction in the automotive industry, alongside increasing demand for durable and corrosion-resistant components.

Automotive Glass Fiber Composites Market Overview

Drivers

A key driver behind the expansion of the Automotive Glass Fiber Composites Market is the automotive industry's relentless pursuit of lightweight materials to enhance fuel efficiency and reduce greenhouse gas emissions. Glass fiber composites offer a high strength-to-weight ratio, making them an ideal choice for manufacturing lightweight automotive components.

Moreover, stringent emissions regulations and the need for improved vehicle safety are compelling manufacturers to adopt materials that enhance both structural integrity and impact resistance, further driving the demand for glass fiber composites.

Trends

A notable trend shaping the Automotive Glass Fiber Composites Market is the adoption of innovative manufacturing technologies. Advanced processes, such as automated fiber placement and resin transfer molding, are increasingly being employed to produce complex, high-performance composite parts with precision and efficiency.

Furthermore, the incorporation of sustainable practices, such as the use of recycled or bio-based fibers in composites, aligns with the industry's growing environmental awareness, contributing to market growth.

Restraints

The cost of manufacturing and implementing glass fiber composites can be a limitation for market growth. Although these materials offer numerous benefits, the initial investment required to establish production facilities and the overall cost of composites can deter some manufacturers from adoption.

Additionally, the recycling and disposal of glass fiber composites can present challenges due to their complex composition. Developing sustainable end-of-life solutions for these materials is a key concern.

Automotive Glass Fiber Composites Market Segmentation By Application

The automotive structural components segment is expected to be a leading growth sector in the Automotive Glass Fiber Composites Market. Components such as body panels, chassis, and interior structural elements benefit from the strength and lightweight characteristics of glass fiber composites, contributing to improved vehicle performance and fuel efficiency.

Another significant application is in automotive interiors and aesthetic components. The use of glass fiber composites in dashboards, door panels, and decorative elements enhances the visual appeal and durability of interior designs.

Automotive Glass Fiber Composites Market Segmentation By Fiber Type

Glass fiber reinforced polymer (GFRP) composites are projected to experience substantial growth during the forecast period. GFRP composites are widely utilized in various automotive applications due to their excellent strength and impact resistance properties.

Carbon fiber reinforced polymer (CFRP) composites are another important segment, primarily used in high-performance and luxury vehicles to achieve an optimal strength-to-weight ratio and enhance the overall driving experience.

Regional Overview:

Download the report summary now!

Request pdf Sample

North America is expected to be a key driver of global Automotive Glass Fiber Composites Market growth. The region's automotive industry is focused on reducing emissions and enhancing fuel efficiency, leading to increased adoption of lightweight materials like glass fiber composites.

The market faced temporary challenges during the COVID-19 pandemic, with production disruptions and economic uncertainties. However, as the industry adapts to new market demands, the Automotive Glass Fiber Composites Market is poised to witness renewed growth, driven by the need for lightweight, durable, and environmentally friendly automotive components.

Automotive Glass Fiber Composites Market Customer Landscape

The Automotive Glass Fiber Composites Market report offers insights into adoption patterns, ranging from early adopters to laggards. The report examines adoption rates across different regions based on penetration levels. Moreover, the report delves into key criteria influencing purchase decisions and factors affecting price sensitivity, aiding companies in devising effective strategies for market entry and growth.

Major Automotive Glass Fiber Composites Market Companies

Prominent players in the Automotive Glass Fiber Composites Market are implementing diverse strategies to bolster their market presence. These strategies include strategic partnerships, mergers and acquisitions, expanding product portfolios, geographic expansion, and technological innovations.

Sample list of major companies in the market:

GlassCarve Composites
FiberFusion Automotive
CompoStruct Auto
FibreLuxe Technologies
AutoGlasstic Solutions

Qualitative and quantitative analyses of these companies provide valuable insights into the competitive landscape, enabling stakeholders to comprehend market dynamics and assess the strengths and weaknesses of key players.

Segment Overview

The Automotive Glass Fiber Composites Market report provides revenue forecasts on a global, regional, and country level, along with an analysis of emerging trends and growth opportunities spanning from 2019 to 2032.

Application Outlook (USD Million, 2019 - 2032)

Structural Components
Interiors and Aesthetic Components
Others

Fiber Type Outlook (USD Million, 2019 - 2032)

Glass Fiber Reinforced Polymer (GFRP)
Carbon Fiber Reinforced Polymer (CFRP)
Others

Geography Outlook (USD Million, 2019 - 2032)

North America

United States
Canada

Europe

United Kingdom
Germany
France
Rest of Europe

APAC

China
Japan
India
Rest of APAC

Latin America

Brazil
Mexico
Rest of Latin America

Middle East & Africa

United Arab Emirates
South Africa
Rest of Middle East & Africa

TABLE OF CONTENTS: GLOBAL Canada Automotive Glass Fiber Composites MARKET

Chapter 1. MARKET SYNOPSIS

1.1. Market Definition

1.2. Research Scope & Premise

1.3. Methodology

1.4. Market Estimation Technique

Chapter 2. EXECUTIVE SUMMARY

2.1. Summary Snapshot, 2016 – 2027

Chapter 3. INDICATIVE METRICS

3.1. Macro Indicators

Chapter 4. Canada Automotive Glass Fiber Composites MARKET SEGMENTATION & IMPACT ANALYSIS

4.1. Canada Automotive Glass Fiber Composites Segmentation Analysis

4.2. Industrial Outlook

4.3. Price Trend Analysis

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.5.1. Power Of Suppliers

4.5.2. Power Of Buyers

4.5.3. Threat Of Substitutes

4.5.4. Threat Of New Entrants

4.5.5. Competitive Rivalry

Chapter 5. Canada Automotive Glass Fiber Composites MARKET BY Intermediate type landscape

SIGHTS & TRENDS

5.1. Segment 1 Dynamics & Market Share, 2019 & 2027

5.2 Short Fiber Thermoplastic (SFT)

5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.3 Long Fiber Thermoplastic (LFT)

5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.4 Continuous Fiber Thermoplastic (CFT)

5.4.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.4.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 6. Canada Automotive Glass Fiber Composites MARKET BY Application type INSIGHTS & TRENDS

6.1. Segment 2 Dynamics & Market Share, 2019 & 2027

6.2 Interior

6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.3 Exterior

6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.4 Structural Assembly

6.4.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.4.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.5 Power-train Components

6.5.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.5.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 7. Canada Automotive Glass Fiber Composites MARKET REGIONAL OUTLOOK

7.1. Canada Automotive Glass Fiber Composites Market Share By Region, 2019 & 2027

7.2. NORTH AMERICA

7.2.1. North America Canada Automotive Glass Fiber Composites Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.2. North America Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.3. North America Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.4. North America Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.5. U.S.

7.2.5.1. U.S. Canada Automotive Glass Fiber Composites Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.5.2. U.S. Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.5.3. U.S. Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.5.4. U.S. Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.6. CANADA

7.2.6.1. Canada Canada Automotive Glass Fiber Composites Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.6.2. Canada Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.6.3. Canada Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.6.4. Canada Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3. EUROPE

7.3.1. Europe Canada Automotive Glass Fiber Composites Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.2. Europe Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.3. Europe Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.4. Europe Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.5. GERMANY

7.3.5.1. Germany Canada Automotive Glass Fiber Composites Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.5.2. Germany Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.5.3. Germany Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.5.4. Germany Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.6. FRANCE

7.3.6.1. France Canada Automotive Glass Fiber Composites Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.6.2. France Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.6.3. France Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.6.4. France Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.7. U.K.

7.3.7.1. U.K. Canada Automotive Glass Fiber Composites Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.7.2. U.K. Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.7.3. U.K. Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.7.4. U.K. Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4. ASIA-PACIFIC

7.4.1. Asia Pacific Canada Automotive Glass Fiber Composites Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.2. Asia Pacific Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.3. Asia Pacific Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.4. Asia Pacific Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.5. CHINA

7.4.5.1. China Canada Automotive Glass Fiber Composites Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.5.2. China Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.5.3. China Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.5.4. China Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.6. INDIA

7.4.6.1. India Canada Automotive Glass Fiber Composites Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.6.2. India Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.6.3. India Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.6.4. India Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.7. JAPAN

7.4.7.1. Japan Canada Automotive Glass Fiber Composites Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.7.2. Japan Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.7.3. Japan Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.7.4. Japan Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.8. AUSTRALIA

7.4.8.1. Australia Canada Automotive Glass Fiber Composites Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.8.2. Australia Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.8.3. Australia Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.8.4. Australia Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.5. MIDDLE EAST AND AFRICA (MEA)

7.5.1. Mea Canada Automotive Glass Fiber Composites Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.5.2. Mea Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.5.3. Mea Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.5.4. Mea Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.6. LATIN AMERICA

7.6.1. Latin America Canada Automotive Glass Fiber Composites Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.6.2. Latin America Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.6.3. Latin America Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.6.4. Latin America Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)

7.6.5. Latin America Canada Automotive Glass Fiber Composites Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

Chapter 8. COMPETITIVE LANDSCAPE

8.1. Market Share By Manufacturers

8.2. Strategic Benchmarking

8.2.1. New Product Launches

8.2.2. Investment & Expansion

8.2.3. Acquisitions

8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures

8.3. Vendor Landscape

8.3.1. North American Suppliers

8.3.2. European Suppliers

8.3.3. Asia-Pacific Suppliers

8.3.4. Rest Of The World Suppliers

Chapter 9. COMPANY PROFILES

9.1 3B (Braj Binani Group)

9.1.1. Company Overview

9.1.2. Financial Performance

9.1.3. Product Insights

9.1.4. Strategic Initiatives

9.2 Owens Corning

9.2.1. Company Overview

9.2.2. Financial Performance

9.2.3. Product Insights

9.2.4. Strategic Initiatives

9.3 Solvay Group

9.3.1. Company Overview

9.3.2. Financial Performance

9.3.3. Product Insights

9.3.4. Strategic Initiatives

9.4 Veplas Group

9.4.1. Company Overview

9.4.2. Financial Performance

9.4.3. Product Insights

9.4.4. Strategic Initiatives

9.5 SAERTEX GmbH & Co.KG

9.5.1. Company Overview

9.5.2. Financial Performance

9.5.3. Product Insights

9.5.4. Strategic Initiatives

9.6 Company 6

9.6.1. Company Overview

9.6.2. Financial Performance

9.6.3. Product Insights

9.6.4. Strategic Initiatives

9.7 Company 7

9.7.1. Company Overview

9.7.2. Financial Performance

9.7.3. Product Insights

9.7.4. Strategic Initiatives

9.8 Company 8

9.8.1. Company Overview

9.8.2. Financial Performance

9.8.3. Product Insights

9.8.4. Strategic Initiatives

9.9 Company 9

9.9.1. Company Overview

9.9.2. Financial Performance

9.9.3. Product Insights

9.9.4. Strategic Initiatives

9.10 Company 10

9.10.1. Company Overview

9.10.2. Financial Performance

9.10.3. Product Insights

9.10.4. Strategic Initiatives

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

You can also purchase parts of this report. Do you want to check out a section wise price list?

Request for Special Pricing

Personalized Business Report Tailored to Your Requirements

Our expert analysts collaborate directly with you to comprehend your specific needs.
Get data on regions, segments, competitors, and vendors of your choice.
Information is presented in alignment with your exact preferences and formatting.

Request for customization

Ask For Discount

Free Sample Report

"Find new revenue generation opportunities"

Automotive Glass Fiber Composites Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032