Market Share of Germany Automotive Carbon Fiber Composites Industry
Industry participants are expected to expect intensive competition owing to aggressive strategies, including acquisitions, pricing, merges, and new product development. Major players in this market are Hexcel Corporation, SGL Carbon SE, Polar Manufacturers, South Coast Composites, Sigmatex, and Formtech Composites.
In Jan 2020, Mitsubishi Chemical announced that it would acquire Prepreg, a carbon fiber manufacturer based in Europe.
On July 1st 2020, Teijin Carbon Europe announced that they have increased production capacity by 40% of chopped carbon fiber. Even during the COVID-19 economic crisis, SGL carbon reported sales revenue of EUR 247 million in Q1 of 2020.
Germany Automotive Carbon Fiber Composites Market Leaders
SGL Carbon
3B FiberGlass
BASF
Toray Industries Inc.
Hexcel Corporation
*Disclaimer: Major Players sorted in no particular order
