Latin America Automotive Carbon Fiber Composites Market Share

Market Share of Latin America Automotive Carbon Fiber Composites Industry

The Latin America Automotive Carbon Fiber Composites Market is dominated with various international and regional players such as Reichhold, Ashland, Toray, Owens Corning and Teijin. Although to have the edge over its competitors, the major automotive carbon fiber manufacturing companies are making joint-ventures, partnerships to launch newer products.

• In 2018, UK based Shimtech Industries Ltd. expanded its composites division, in Mexico. The company works on carbon fiber component fabrication ranging aerospace to the automotive industry. Its primary assembly facility is situated in Hermosillo, Sonora.
• In 2019, Toray Industries confirmed the development of its latest automotive carbon fiber composite with an improved cost-performance ratio. A new carbonization facility will be set up in 2020 for mass production at the Mexican plant of its US subsidiary Zoltek.

Latin America Automotive Carbon Fiber Composites Market Leaders

1. Reichhold

2. Toray Industries

3. Owens Corning

4. Teijin Inc.

5. 3M

*Disclaimer: Major Players sorted in no particular order