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France Automotive Thermoplastic Polymer Composite Market is segmented By Production Type (Hand Layup, Resin Transfer Molding, Vacuum Infusion Processing, Injection Molding, and Compression Molding), and By Application Type (Structural Assembly, Power Train Components, Interior, Exterior, and Others)
2018 - 2026
France Automotive Thermoplastic Polymer Composite Market is expected to register a CAGR of 4%, during the forecast period.
Automotive Thermoplastic Polymer Composite Market report contains the latest trends and technological developments in the market, demand by Production Type (Hand Layup, Resin Transfer Molding, Vacuum Infusion Processing, Injection Molding, and Compression Molding) and By Application Type (Structural Assembly, Power Train Components, Interior, Exterior and Others)
|Production Process Type|
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Glass mat thermoplastic sheets were first introduced in 1970. Considering the cost-related mechanical performance criteria, GMT composites are located between injection moldable, discontinues (long or short) glass-fiber-reinforced composites and advanced thermoplastic with various fiber architecture.
They offer various benefits, such as
Although GMTs are available in various polymer matrices is dominated by propylene-based composites, due to their low price. These are well capable of competing with other structure materials, primarily in conditions where temperature lesser than 110°C are maintained.
Glass mat thermoplastic composites are witnessing demand from the composite market. They are easy to use, with superior mechanical performance.
Innovations and greater market penetration are expected to drive the demand for glass mat thermoplastic composites during the forecast period.
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The Corporate Average Fuel Economy (CAFÉ) standard forced manufacturers in the automobile industry to develop vehicle designs that incorporated high-performance light-weight materials. The weight of an automobile has a direct impact on driving dynamics, fuel consumption, and agility. A 10% reduction in vehicle weights results in approximately 5-7% rise in fuel savings
From 2020, the European Union will require every European vehicle manufacturer to achieve an emission level of 95g of carbon dioxide per km, from present-day emission level of 130g of carbon dioxide per km.
The rising focus on minimizing carbon emission and enhancement of fuel economy, primarily by reducing the weight of a vehicle, are driving the demand for thermoplastics composites.
Continuous fiber-reinforced thermoplastic composites (CFRTP) is one of the primary materials that can address the rising concerns regarding a vehicle’s weight. In combination with metals, CFRTP composites will be a part of a multi-material approach when designing the car of the future. These materials are developed and assembled with recyclability and sustainability in mind. In addition, the automotive industry standards will serve to align methods for characterizing the performance of CFRTP composites.
The automotive industry is undergoing a major transformation. As companies explore various options to address the future needs, collaboration has proven to be an effective way to discover the new growth avenues, will leveraging risk. The preferred approach is collaboration with strategic players throughout the value chain.
In 2019, SABIC announced a new, cutting-edge technology for producing lightweight, cost-effective, and recyclable vehicle panels, primarily by using its UDMAX tape, a unidirectional, fiber-reinforced thermoplastic composite, at JEC World 2019. This innovative technology, which has designed to replace traditional panels made of metal and thermoset material for interior and exterior automotive applications, will soon be commercialized in the bulkhead of a light commercial vehicle (LCV), globally.
In the case of bulkhead, replacing a traditional metal component with the UDMAX tape lamination reduces the mass by 35% in the application. Lower weight can also make large bulkhead easier to handle, which could help in accelerating the assembly process of vehicles.
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The France Automotive Thermoplastic Polymer Composites Market is consolidated with only a few companies dominating the market. Some of the major players in the market are 3B-Fiberglass, Base Group, BASF, BMW, Cytec Industries, Inc., amongst others.
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porters Five Force Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Production Process Type
5.1.1 Hand Layup
5.1.2 Compression Molding
5.1.3 Continous Process
5.1.4 Injection Molding
5.2 Application Type
5.2.1 Structural Assembly
5.2.2 Powertrain Component
6. COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 3B Fiberglass
6.2.2 Cytex Industries Inc
6.2.3 Arkema Group
6.2.4 Celanese Corporation
6.2.5 Daicel Polymer Ltd
6.2.6 Dupont De Nemours
6.2.7 Hexcel Corporation
6.2.8 Technocompound GmbH
6.2.9 Polyone Corporation
7. MARKET OPPORTUNITIES AND FUTURE TRENDS