EV Composites Market by Fiber Type (Glass Fiber, Carbon Fiber), Resin Type (Thermoplastics, Thermoset), Type (Ultra-Premium, Premium and Non-Premium), Manufacturing Process, Application, and Region - Global Forecast to 2029
The EV Composites market is estimated at USD 2.3 billion in 2024 and is projected to reach USD 5.1 billion by 2029, at a CAGR of 17.1% from 2024 to 2029. Glass fiber composites are increasingly used in electric vehicles (EVs) due to several key factors. They contribute to significant weight reduction, enhancing efficiency and range, while being more cost-effective compared to other composites like carbon fiber. Glass fiber offers high tensile strength and durability, making it suitable for various structural and non-structural parts. Its excellent thermal and electrical insulation properties help manage heat generated by electric powertrains and ensure safe operation of electrical systems. The design flexibility of glass fiber allows for complex shapes and aerodynamic designs, and its production is often more environmentally friendly with lower energy requirements and recycling potential. Additionally, fiberglass composites help reduce noise, vibration, and harshness (NVH) levels, providing a quieter cabin environment, further enhancing the overall driving experience in EVs.
‘‘In terms of value, thermoset resin segment accounted for the largest share of the overall EV Composites market.’’
In thermoset composites, thermoset resins are used as the matrix with fibers such as carbon fiber, fiberglass, natural fiber, and aramid fiber. Currently, thermoset resins are widely used for manufacturing EV composites as, when cured, they are in the liquid state at room temperature. This unique property of the resin allows for the convenient impregnation of reinforcing fiber. On account of their rigid interlinking molecular structure, inert chemical composition, and resistance to ultraviolet and chemical attack, thermoset composites are very durable. Structures made of thermoset composites are also low on maintenance. The thermoset resin for EV composites is expected to grow significantly due to the increasing demand for lightweight and high-performance materials in EV production.
‘‘In terms of value, RTM manufacturing process segment accounted for the third largest share of the overall EV Composites market.’’
In 2023, RTM manufacturing process segment accounted for the third largest share of the EV Composites market, in terms of value. RTM is a cost-effective and efficient method for producing high-quality EV composite parts, which is crucial for the growing demand in the EV industry. The trend towards lightweight vehicles for improved efficiency and range is a significant driver, as RTM produces components that are both strong and lightweight. Additionally, RTM allows for high levels of design flexibility and precision, enabling complex shapes and integrated components, which is essential for the innovative designs seen in modern EVs. The process also supports high-volume production, aligning with the scaling needs of the EV market. Moreover, RTM's capability to use various resin systems, including those with high thermal and electrical insulation properties, makes it suitable for manufacturing components that require high performance and safety standards in EVs. Overall, the efficiency, versatility, and sustainability of RTM are key factors driving its growth in the EV composites market.
“During the forecast period, the EV Composites market in Europe region is projected to be the second largest region.”
The growth of EV composites in Europe is fuelled by regulatory pressures, government incentives, automotive innovation, infrastructure development, and sustainability goals. Trends such as the adoption of carbon fiber composites, advanced manufacturing techniques, and the focus on battery enclosures highlight the dynamic nature of this market. As Europe continues to lead in the transition to electric mobility, the demand for high-performance composites is set to increase, driving further advancements and adoption in the EV industry. Leading companies like Rцchling SE & Co. KG and ElringKlinger AG are ramping up their R&D efforts to develop new products, aligning with market trends and meeting the growing demand for EV Composites.
This study has been validated through primary interviews with industry experts globally. These primary sources have been divided into the following three categories:
Prominent companies include Toray Industries, Inc. (Japan), Teijin Limited (Japan), Syensqo (Belgium), Piran Advanced Composites (UK), HRC (Hengrui Corporation) (China), Envalior (Germany), Exel Composites (Finland), Kautex Textron GmbH & Co. KG (Germany), SGL Carbon (Germany), POLYTEC HOLDING AG (Austria), Plastic Omnium (France), Rцchling SE & Co. KG (Germany), Mar-Bal, Inc. (US), ElringKlinger AG (Germany), and Faurecia (France).
Research Coverage
This research report categorizes the EV Composites Market By Fiber Type (Glass Fiber, Carbon Fiber, Other Fibers), By Resin Type (Thermoplastics, Thermoset), By Type (Ultra-Premium, Premium and Non-Premium), By Manufacturing Process (Compression Molding, Injection Molding, RTM), Application (Interior, Exterior, Battery Enclosure, Powertrain & Chassis), Region (North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America). The scope of the report includes detailed information about the major factors influencing the growth of the EV Composites market, such as drivers, restraints, challenges, and opportunities. A thorough examination of the key industry players has been conducted in order to provide insights into their business overview, solutions, and services, key strategies, contracts, partnerships, and agreements. New product and service launches, mergers and acquisitions, and recent developments in the EV Composites market are all covered. This report includes a competitive analysis of upcoming startups in the EV Composites market ecosystem.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall EV Composites market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
‘‘In terms of value, thermoset resin segment accounted for the largest share of the overall EV Composites market.’’
In thermoset composites, thermoset resins are used as the matrix with fibers such as carbon fiber, fiberglass, natural fiber, and aramid fiber. Currently, thermoset resins are widely used for manufacturing EV composites as, when cured, they are in the liquid state at room temperature. This unique property of the resin allows for the convenient impregnation of reinforcing fiber. On account of their rigid interlinking molecular structure, inert chemical composition, and resistance to ultraviolet and chemical attack, thermoset composites are very durable. Structures made of thermoset composites are also low on maintenance. The thermoset resin for EV composites is expected to grow significantly due to the increasing demand for lightweight and high-performance materials in EV production.
‘‘In terms of value, RTM manufacturing process segment accounted for the third largest share of the overall EV Composites market.’’
In 2023, RTM manufacturing process segment accounted for the third largest share of the EV Composites market, in terms of value. RTM is a cost-effective and efficient method for producing high-quality EV composite parts, which is crucial for the growing demand in the EV industry. The trend towards lightweight vehicles for improved efficiency and range is a significant driver, as RTM produces components that are both strong and lightweight. Additionally, RTM allows for high levels of design flexibility and precision, enabling complex shapes and integrated components, which is essential for the innovative designs seen in modern EVs. The process also supports high-volume production, aligning with the scaling needs of the EV market. Moreover, RTM's capability to use various resin systems, including those with high thermal and electrical insulation properties, makes it suitable for manufacturing components that require high performance and safety standards in EVs. Overall, the efficiency, versatility, and sustainability of RTM are key factors driving its growth in the EV composites market.
“During the forecast period, the EV Composites market in Europe region is projected to be the second largest region.”
The growth of EV composites in Europe is fuelled by regulatory pressures, government incentives, automotive innovation, infrastructure development, and sustainability goals. Trends such as the adoption of carbon fiber composites, advanced manufacturing techniques, and the focus on battery enclosures highlight the dynamic nature of this market. As Europe continues to lead in the transition to electric mobility, the demand for high-performance composites is set to increase, driving further advancements and adoption in the EV industry. Leading companies like Rцchling SE & Co. KG and ElringKlinger AG are ramping up their R&D efforts to develop new products, aligning with market trends and meeting the growing demand for EV Composites.
This study has been validated through primary interviews with industry experts globally. These primary sources have been divided into the following three categories:
- By Company Type- Tier 1- 40%, Tier 2- 33%, and Tier 3- 27%
- By Designation- C Level- 50%, Director Level- 30%, and Others- 20%
- By Region- North America- 15%, Europe- 50%, Asia Pacific- 20%, Latin America- 10%, Middle East & Africa (MEA)-5%.
Prominent companies include Toray Industries, Inc. (Japan), Teijin Limited (Japan), Syensqo (Belgium), Piran Advanced Composites (UK), HRC (Hengrui Corporation) (China), Envalior (Germany), Exel Composites (Finland), Kautex Textron GmbH & Co. KG (Germany), SGL Carbon (Germany), POLYTEC HOLDING AG (Austria), Plastic Omnium (France), Rцchling SE & Co. KG (Germany), Mar-Bal, Inc. (US), ElringKlinger AG (Germany), and Faurecia (France).
Research Coverage
This research report categorizes the EV Composites Market By Fiber Type (Glass Fiber, Carbon Fiber, Other Fibers), By Resin Type (Thermoplastics, Thermoset), By Type (Ultra-Premium, Premium and Non-Premium), By Manufacturing Process (Compression Molding, Injection Molding, RTM), Application (Interior, Exterior, Battery Enclosure, Powertrain & Chassis), Region (North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America). The scope of the report includes detailed information about the major factors influencing the growth of the EV Composites market, such as drivers, restraints, challenges, and opportunities. A thorough examination of the key industry players has been conducted in order to provide insights into their business overview, solutions, and services, key strategies, contracts, partnerships, and agreements. New product and service launches, mergers and acquisitions, and recent developments in the EV Composites market are all covered. This report includes a competitive analysis of upcoming startups in the EV Composites market ecosystem.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall EV Composites market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (Increasing adoption of EV composites, Technological advancements), restraints (Competition with low-cost mature products, Limited market penetration), opportunities (Reduction in cost of carbon fiber, Expansion of EV Infrastructure), and challenges (Maintaining uninterrupted supply chain and operating at full production capacity, liquidity crunch) influencing the growth of the EV Composites market
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the EV Composites market
- Market Development: Comprehensive information about lucrative markets – the report analyses the EV Composites market across varied regions.
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the EV Composites market
- Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Toray Industries, Inc. (Japan), Teijin Limited (Japan), Syensqo (Belgium), Piran Advanced Composites (UK), HRC (Hengrui Corporation) (China), Envalior (Germany), Exel Composites (Finland), Kautex Textron GmbH & Co. KG (Germany), SGL Carbon (Germany), POLYTEC HOLDING AG (Austria), Plastic Omnium (France), Rцchling SE & Co. KG (Germany), Mar-Bal, Inc. (US), ElringKlinger AG (Germany), and Faurecia (France), The Gund Company (US), IDI Composites International (US), TRB Lightweight Structures (US), CIE Automotive India (India), ZhongAo Carbon (China), Atlas Fibre (US), Jiangsu Kangde Xin Composite Material (China), Euro Advanced Carbon Fiber Composites GmbH (US), Owens Corning (US) among others in the EV Composites market.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 INCLUSIONS & EXCLUSIONS
1.4 MARKET SCOPE
1.4.1 YEARS CONSIDERED
1.5 CURRENCY CONSIDERED
1.6 UNITS CONSIDERED
1.7 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key primary participants
2.1.2.3 Breakdown of primary interviews
2.1.2.4 Key industry insights
2.2 BASE NUMBER CALCULATION
2.2.1 APPROACH 1: DEMAND-SIDE ANALYSIS
2.2.2 APPROACH 2: SUPPLY-SIDE ANALYSIS
2.3 FORECAST NUMBER CALCULATION
2.3.1 SUPPLY SIDE
2.3.2 DEMAND SIDE
2.4 MARKET SIZE ESTIMATION
2.4.1 BOTTOM-UP APPROACH
2.4.2 TOP-DOWN APPROACH
2.5 DATA TRIANGULATION
2.6 FACTOR ANALYSIS
2.7 ASSUMPTIONS
2.8 GROWTH FORECAST
2.9 RESEARCH LIMITATIONS
2.10 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN EV COMPOSITES MARKET
4.2 EV COMPOSITES MARKET SHARE, BY FIBER TYPE, 2023
4.3 EV COMPOSITES MARKET SHARE, BY RESIN TYPE, 2023
4.4 EV COMPOSITES MARKET SHARE, BY MANUFACTURING PROCESS, 2023
4.5 EV COMPOSITES MARKET SHARE, BY TYPE, 2023
4.6 EV COMPOSITES MARKET, BY APPLICATION AND REGION, 2023
4.7 EV COMPOSITES MARKET, BY KEY COUNTRY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Stringent standards on emission control
5.2.1.2 Increasing adoption of composite materials by premium EV manufacturers
5.2.1.3 Government policies and incentives driving EV adoption
5.2.2 RESTRAINTS
5.2.2.1 High processing and manufacturing cost of composites
5.2.2.2 Lack of EV infrastructure
5.2.3 OPPORTUNITIES
5.2.3.1 Reduction in cost of carbon fibers
5.2.3.2 Growing demand for EVs from emerging economies
5.2.3.3 Growing application of composites in EV batteries
5.2.4 CHALLENGES
5.2.4.1 Recycling of composite materials
5.2.4.2 Developing low-cost technologies
5.3 PORTER’S FIVE FORCES ANALYSIS
5.3.1 THREAT OF NEW ENTRANTS
5.3.2 THREAT OF SUBSTITUTES
5.3.3 BARGAINING POWER OF SUPPLIERS
5.3.4 BARGAINING POWER OF BUYERS
5.3.5 INTENSITY OF COMPETITIVE RIVALRY
5.4 SUPPLY CHAIN ANALYSIS
5.4.1 RAW MATERIAL
5.4.2 MANUFACTURING PROCESS
5.4.3 FINAL PRODUCT
5.5 ECOSYSTEM
5.6 PRICING ANALYSIS
5.6.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY FIBER TYPE
5.6.2 AVERAGE SELLING PRICE TREND, BY RESIN TYPE
5.6.3 AVERAGE SELLING PRICE TREND, BY APPLICATION TYPE
5.6.4 AVERAGE SELLING PRICE TREND, BY MANUFACTURING PROCESS
5.6.5 AVERAGE SELLING PRICE TREND, BY TYPE
5.6.6 AVERAGE SELLING PRICE TREND, BY REGION
5.7 VALUE CHAIN ANALYSIS
5.8 TRADE ANALYSIS
5.8.1 EXPORT SCENARIO FOR HS CODE 7019
5.8.2 IMPORT SCENARIO FOR HS CODE 7019
5.8.3 EXPORT SCENARIO FOR HS CODE 681511
5.8.4 IMPORT SCENARIO FOR HS CODE 681511
5.9 TECHNOLOGY ANALYSIS
5.9.1 TECHNOLOGY ANALYSIS FOR GLASS FIBER COMPOSITES
5.9.2 TECHNOLOGY ANALYSIS FOR CARBON FIBER COMPOSITES
5.9.3 COMPLEMENTARY TECHNOLOGIES FOR LATEST MANUFACTURING PROCESS OF CARBON FIBERS
5.9.4 ADJACENT TECHNOLOGIES FOR LATEST MANUFACTURING PROCESS OF CARBON FIBERS
5.10 IMPACT OF AI/GEN AI ON EV COMPOSITES MARKET
5.10.1 TOP USE CASES AND MARKET POTENTIAL
5.10.2 BEST PRACTICES IN EV COMPOSITES MARKET
5.10.3 CASE STUDIES OF AI IMPLEMENTATION IN EV COMPOSITES MARKET
5.10.4 INTERCONNECTED ADJACENT ECOSYSTEM AND IMPACT ON MARKET PLAYERS
5.10.5 CLIENTS' READINESS TO ADOPT GENERATIVE AI IN EV COMPOSITES MARKET
5.11 KEY STAKEHOLDERS AND BUYING CRITERIA
5.11.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.11.2 BUYING CRITERIA
5.12 PATENT ANALYSIS
5.12.1 INTRODUCTION
5.12.2 METHODOLOGY
5.12.3 PATENT TYPES
5.12.4 INSIGHTS
5.12.5 LEGAL STATUS
5.12.6 JURISDICTION ANALYSIS
5.12.7 TOP APPLICANTS
5.13 REGULATORY LANDSCAPE
5.13.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.14 KEY CONFERENCES AND EVENTS IN 2024–2025
5.15 CASE STUDY ANALYSIS
5.15.1 CASE STUDY 1: WATT ELECTRIC VEHICLES AND THE NATIONAL COMPOSITES CENTRE PARTNERSHIP TO MANUFACTURE COMPOSITE BATTERY
5.15.2 CASE STUDY 2: TEIJIN'S DEVELOPMENT OF CARBON FIBER BATTERY ENCLOSURE
5.16 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.17 INVESTMENT AND FUNDING SCENARIO
6 EV COMPOSITES MARKET, BY FIBER TYPE
6.1 INTRODUCTION
6.2 CARBON
6.2.1 USEFUL IN REDUCING WEIGHT OF BATTERY PACKS AND IMPROVING COOLING
6.2.2 EV CARBON FIBER COMPOSITES MARKET, BY REGION
6.3 GLASS
6.3.1 WIDELY UTILIZED AS REINFORCEMENTS IN EV COMPOSITE, OFFERING BALANCE OF STRENGTH, AFFORDABILITY, AND CORROSION RESISTANCE
6.3.2 EV GLASS FIBER COMPOSITES MARKET, BY REGION
6.4 OTHER FIBERS
6.4.1 OTHER EV FIBER COMPOSITES MARKET, BY REGION
7 EV COMPOSITES MARKET, BY RESIN TYPE
7.1 INTRODUCTION
7.2 THERMOSET COMPOSITES
7.2.1 LOW ON MAINTENANCE—KEY FACTOR PROPELLING MARKET GROWTH
7.2.2 POLYESTER
7.2.3 VINYL ESTER
7.2.4 EPOXY
7.2.5 OTHER THERMOSET RESINS
7.2.6 EV THERMOSET COMPOSITES MARKET, BY REGION
7.3 THERMOPLASTIC COMPOSITES
7.3.1 HIGH COST TO RESTRAIN ADOPTION
7.3.2 POLYPROPYLENE
7.3.3 POLYAMIDE
7.3.4 POLYPHENYLENE SULFIDE
7.3.5 OTHER THERMOPLASTIC RESINS
7.3.5.1 Polyetheretherketone
7.3.5.2 Polyetherimide
7.3.6 EV THERMOPLASTIC COMPOSITES MARKET, BY REGION
8 EV COMPOSITES MARKET, BY TYPE
8.1 INTRODUCTION
8.1.1 EV COMPOSITES MARKET IN BATTERY ENCLOSURE APPLICATIONS
8.1.2 EV COMPOSITES MARKET IN INTERIOR APPLICATIONS
8.1.3 EV COMPOSITES MARKET IN EXTERIOR APPLICATIONS
8.1.4 EV COMPOSITES MARKET IN POWERTRAIN & CHASSIS APPLICATIONS
9 EV COMPOSITES MARKET, BY APPLICATION
9.1 INTRODUCTION
9.2 EXTERIOR
9.2.1 EXTERIOR PARTS MANUFACTURED WITH COMPOSITES IMPART RIGIDITY
9.2.2 EV COMPOSITES MARKET IN EXTERIOR APPLICATIONS, BY FIBER TYPE
9.3 INTERIOR
9.3.1 GLASS FIBER COMPOSITES WIDELY USED IN INTERIOR APPLICATIONS
9.3.2 EV COMPOSITES MARKET IN INTERIOR APPLICATIONS, BY FIBER TYPE
9.4 POWERTRAIN & CHASSIS
9.4.1 STRINGENT GOVERNMENT REGULATIONS TO REDUCE OVERALL WEIGHT OF VEHICLES
9.4.2 EV COMPOSITES MARKET IN POWERTRAIN & CHASSIS APPLICATIONS, BY FIBER TYPE
9.5 BATTERY ENCLOSURES
9.5.1 DESIGNED TO ENSURE SAFETY OF BATTERY AND PASSENGERS IN EVENT OF COLLISION
9.5.2 EV COMPOSITES MARKET IN BATTERY ENCLOSURE APPLICATIONS,
BY FIBER TYPE
10 EV COMPOSITES MARKET, BY MANUFACTURING PROCESS
10.1 INTRODUCTION
10.2 INJECTION MOLDING
10.2.1 OFFERS LOW-COST TOOLING FOR PRODUCTION OF LOW VOLUME
OF LARGE PARTS
10.2.2 INJECTION MOLDING: EV COMPOSITES MARKET, BY REGION
10.3 COMPRESSION MOLDING
10.3.1 PRODUCE HIGH-STRENGTH COMPLEX PARTS IN A VARIETY OF SIZES
10.3.2 COMPRESSION MOLDING: EV COMPOSITES MARKET, BY REGION
10.4 RESIN TRANSFER MOLDING
10.4.1 SUITABLE FOR MEDIUM-VOLUME PRODUCTION OF LARGE COMPONENTS
10.4.2 RESIN TRANSFER MOLDING: EV COMPOSITES MARKET, BY REGION
10.5 OTHER MANUFACTURING PROCESSES
10.5.1 FILAMENT WINDING PROCESS
10.5.2 CONTINUOUS PROCESS
10.5.3 LAY-UP PROCESS
10.5.4 OTHER MANUFACTURING PROCESSES: EV COMPOSITES MARKET,
BY REGION
11 EV COMPOSITES MARKET, BY REGION
11.1 INTRODUCTION
11.2 ASIA PACIFIC
11.2.1 CHINA
11.2.1.1 Rising efforts by domestic automakers to support market growth
11.2.2 JAPAN
11.2.2.1 High demand from OEMs to drive market
11.2.3 INDIA
11.2.3.1 Government support to favor market growth
11.2.4 SOUTH KOREA
11.2.4.1 Government incentives to promote EV demand to drive market
11.2.5 AUSTRALIA
11.2.5.1 Growing sales of electric cars to drive market
11.2.6 REST OF ASIA PACIFIC
11.3 EUROPE
11.3.1 GERMANY
11.3.1.1 Government and OEM plans for rapid EV shift to drive market
11.3.2 FRANCE
11.3.2.1 Plans for rapid electrification to support market growth
11.3.3 UK
11.3.3.1 Heavy investments in EV ecosystem to propel market
11.3.4 ITALY
11.3.4.1 Advanced manufacturing and innovation to drive market
11.3.5 SPAIN
11.3.5.1 Increasing investments in EV space to drive market
11.3.6 RUSSIA
11.3.6.1 Government support for EV adoption to propel market
11.3.7 BELGIUM
11.3.7.1 Increasing investments in EV space to drive market
11.3.8 REST OF EUROPE
11.4 NORTH AMERICA
11.4.1 US
11.4.1.1 High investments and government focus on cleaner mobility to drive market
11.4.2 CANADA
11.4.2.1 Increasing development of EV infrastructure to drive market
11.5 LATIN AMERICA
11.5.1 BRAZIL
11.5.1.1 Growth of electric vehicles industry to propel market
11.5.2 MEXICO
11.5.2.1 Lower manufacturing cost and proximity to OEMs in US to drive market
11.5.3 REST OF LATIN AMERICA
11.6 MIDDLE EAST & AFRICA
11.6.1 GCC COUNTRIES
11.6.1.1 UAE
11.6.1.1.1 Supportive government policies to boost market growth
11.6.1.2 Rest of GCC countries
11.6.2 SOUTH AFRICA
11.6.2.1 Local and international investments to boost market
11.6.3 REST OF MIDDLE EAST & AFRICA
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
12.3 REVENUE ANALYSIS
12.4 MARKET SHARE ANALYSIS
12.5 BRAND/PRODUCT COMPARATIVE ANALYSIS
12.5.1 BRAND/PRODUCT COMPARATIVE ANALYSIS, BY EV COMPOSITE PRODUCT
12.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
12.6.1 STARS
12.6.2 EMERGING LEADERS
12.6.3 PERVASIVE PLAYERS
12.6.4 PARTICIPANTS
12.6.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
12.6.5.1 Company footprint
12.6.5.2 Fiber type footprint
12.6.5.3 Type footprint
12.6.5.4 Resin type footprint
12.6.5.5 Application footprint
12.6.5.6 Region footprint
12.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
12.7.1 PROGRESSIVE COMPANIES
12.7.2 RESPONSIVE COMPANIES
12.7.3 DYNAMIC COMPANIES
12.7.4 STARTING BLOCKS
12.7.5 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
12.8 VALUATION AND FINANCIAL METRICS OF EV COMPOSITE VENDORS
12.9 COMPETITIVE SCENARIO AND TRENDS
12.9.1 PRODUCT LAUNCHES
12.9.2 DEALS
12.9.3 EXPANSIONS
13 COMPANY PROFILES
13.1 KEY PLAYERS
13.1.1 SYENSQO
13.1.1.1 Business overview
13.1.1.2 Products/Solutions/Services offered
13.1.1.3 Recent developments
13.1.1.3.1 Product launches
13.1.1.3.2 Other developments
13.1.1.4 MnM view
13.1.1.4.1 Right to win
13.1.1.4.2 Strategic choices
13.1.1.4.3 Weaknesses and competitive threats
13.1.2 TORAY INDUSTRIES, INC.
13.1.2.1 Business overview
13.1.2.2 Products/Solutions/Services offered
13.1.2.3 Recent developments
13.1.2.3.1 Product launches
13.1.2.3.2 Deals
13.1.2.3.3 Expansions
13.1.2.4 MnM view
13.1.2.4.1 Right to win
13.1.2.4.2 Strategic choices
13.1.2.4.3 Weaknesses and competitive threats
13.1.3 POLYTEC HOLDING AG
13.1.3.1 Business overview
13.1.3.2 Products/Solutions/Services offered
13.1.3.3 Recent developments
13.1.3.4 MnM view
13.1.3.4.1 Right to win
13.1.3.4.2 Strategic choices
13.1.3.4.3 Weaknesses and competitive threats
13.1.4 OPMOBILITY
13.1.4.1 Business overview
13.1.4.2 Products/Solutions/Services offered
13.1.4.3 Recent developments
13.1.4.4 MnM view
13.1.4.4.1 Right to win
13.1.4.4.2 Strategic choices
13.1.4.4.3 Weaknesses and competitive threats
13.1.5 FORVIA
13.1.5.1 Business overview
13.1.5.2 Products/Solutions/Services offered
13.1.5.3 Recent developments
13.1.5.4 MnM view
13.1.5.4.1 Right to win
13.1.5.4.2 Strategic choices
13.1.5.4.3 Weaknesses and competitive threats
13.1.6 ELRINGKLINGER AG
13.1.6.1 Business overview
13.1.6.2 Products/Solutions/Services offered
13.1.6.3 MnM view
13.1.6.3.1 Right to win
13.1.6.3.2 Strategic choices
13.1.6.3.3 Weaknesses and competitive threats
13.1.7 HENGRUI CORPORATION (HRC)
13.1.7.1 Business overview
13.1.7.2 Products/Solutions/Services offered
13.1.7.3 Recent developments
13.1.7.4 MnM view
13.1.7.4.1 Right to win
13.1.7.4.2 Strategic choices
13.1.7.4.3 Weaknesses and competitive threats
13.1.8 EXEL COMPOSITES
13.1.8.1 Business overview
13.1.8.2 Products/Solutions/Services offered
13.1.8.3 MnM view
13.1.8.3.1 Right to win
13.1.8.3.2 Strategic choices
13.1.8.3.3 Weaknesses and competitive threats
13.1.9 SGL CARBON
13.1.9.1 Business overview
13.1.9.2 Products/Solutions/Services offered
13.1.9.3 Recent developments
13.1.9.3.1 Deals
13.1.9.3.2 Expansions
13.1.9.4 MnM view
13.1.9.4.1 Right to win
13.1.9.4.2 Strategic choices
13.1.9.4.3 Weaknesses and competitive threats
13.1.10 TEIJIN LIMITED
13.1.10.1 Business overview
13.1.10.2 Products/Solutions/Services offered
13.1.10.3 Recent developments
13.1.10.3.1 Deals
13.1.10.4 MnM view
13.1.10.4.1 Right to win
13.1.10.4.2 Strategic choices
13.1.10.4.3 Weaknesses and competitive threats
13.1.11 MITSUBISHI CHEMICAL GROUP CORPORATION
13.1.11.1 Business overview
13.1.11.2 Products/Solutions/Services offered
13.1.11.3 Recent developments
13.1.11.3.1 Deals
13.1.11.3.2 Expansions
13.1.11.4 MnM view
13.1.11.4.1 Right to win
13.1.11.4.2 Strategic choices
13.1.11.4.3 Weaknesses and competitive threats
13.1.12 OWENS CORNING
13.1.12.1 Business overview
13.1.12.2 Products/Solutions/Services offered
13.1.12.3 MnM view
13.1.12.3.1 Right to win
13.1.12.3.2 Strategic choices
13.1.12.3.3 Weaknesses and competitive threats
13.1.13 PIRAN ADVANCED COMPOSITES
13.1.13.1 Business overview
13.1.13.2 Products/Solutions/Services offered
13.1.13.3 MnM view
13.1.13.3.1 Right to win
13.1.13.3.2 Strategic choices
13.1.13.3.3 Weaknesses and competitive threats
13.1.14 MAR-BAL, INC.
13.1.14.1 Business overview
13.1.14.2 Products/Solutions/Services offered
13.1.14.3 MnM view
13.1.14.3.1 Right to win
13.1.14.3.2 Strategic choices
13.1.14.3.3 Weaknesses and competitive threats
13.1.15 RЦCHLING SE & CO. KG
13.1.15.1 Business overview
13.1.15.2 Products/Solutions/Services offered
13.1.15.3 MnM view
13.1.15.3.1 Right to win
13.1.15.3.2 Strategic choices
13.1.15.3.3 Weaknesses and competitive threats
13.2 OTHER PLAYERS
13.2.1 HANKUK CARBON CO., LTD.
13.2.2 CIE AUTOMOTIVE INDIA
13.2.3 UFP TECHNOLOGIES, INC.
13.2.4 ZHONGAO CARBON
13.2.5 ATLAS FIBRE
13.2.6 KAUTEX
13.2.7 ENVALIOR
13.2.8 TRB LIGHTWEIGHT STRUCTURES
13.2.9 THE GUND COMPANY
13.2.10 IDI COMPOSITES INTERNATIONAL
14 APPENDIX
14.1 DISCUSSION GUIDE
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.3 CUSTOMIZATION OPTIONS
14.4 RELATED REPORTS
14.5 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 INCLUSIONS & EXCLUSIONS
1.4 MARKET SCOPE
1.4.1 YEARS CONSIDERED
1.5 CURRENCY CONSIDERED
1.6 UNITS CONSIDERED
1.7 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key primary participants
2.1.2.3 Breakdown of primary interviews
2.1.2.4 Key industry insights
2.2 BASE NUMBER CALCULATION
2.2.1 APPROACH 1: DEMAND-SIDE ANALYSIS
2.2.2 APPROACH 2: SUPPLY-SIDE ANALYSIS
2.3 FORECAST NUMBER CALCULATION
2.3.1 SUPPLY SIDE
2.3.2 DEMAND SIDE
2.4 MARKET SIZE ESTIMATION
2.4.1 BOTTOM-UP APPROACH
2.4.2 TOP-DOWN APPROACH
2.5 DATA TRIANGULATION
2.6 FACTOR ANALYSIS
2.7 ASSUMPTIONS
2.8 GROWTH FORECAST
2.9 RESEARCH LIMITATIONS
2.10 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN EV COMPOSITES MARKET
4.2 EV COMPOSITES MARKET SHARE, BY FIBER TYPE, 2023
4.3 EV COMPOSITES MARKET SHARE, BY RESIN TYPE, 2023
4.4 EV COMPOSITES MARKET SHARE, BY MANUFACTURING PROCESS, 2023
4.5 EV COMPOSITES MARKET SHARE, BY TYPE, 2023
4.6 EV COMPOSITES MARKET, BY APPLICATION AND REGION, 2023
4.7 EV COMPOSITES MARKET, BY KEY COUNTRY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Stringent standards on emission control
5.2.1.2 Increasing adoption of composite materials by premium EV manufacturers
5.2.1.3 Government policies and incentives driving EV adoption
5.2.2 RESTRAINTS
5.2.2.1 High processing and manufacturing cost of composites
5.2.2.2 Lack of EV infrastructure
5.2.3 OPPORTUNITIES
5.2.3.1 Reduction in cost of carbon fibers
5.2.3.2 Growing demand for EVs from emerging economies
5.2.3.3 Growing application of composites in EV batteries
5.2.4 CHALLENGES
5.2.4.1 Recycling of composite materials
5.2.4.2 Developing low-cost technologies
5.3 PORTER’S FIVE FORCES ANALYSIS
5.3.1 THREAT OF NEW ENTRANTS
5.3.2 THREAT OF SUBSTITUTES
5.3.3 BARGAINING POWER OF SUPPLIERS
5.3.4 BARGAINING POWER OF BUYERS
5.3.5 INTENSITY OF COMPETITIVE RIVALRY
5.4 SUPPLY CHAIN ANALYSIS
5.4.1 RAW MATERIAL
5.4.2 MANUFACTURING PROCESS
5.4.3 FINAL PRODUCT
5.5 ECOSYSTEM
5.6 PRICING ANALYSIS
5.6.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY FIBER TYPE
5.6.2 AVERAGE SELLING PRICE TREND, BY RESIN TYPE
5.6.3 AVERAGE SELLING PRICE TREND, BY APPLICATION TYPE
5.6.4 AVERAGE SELLING PRICE TREND, BY MANUFACTURING PROCESS
5.6.5 AVERAGE SELLING PRICE TREND, BY TYPE
5.6.6 AVERAGE SELLING PRICE TREND, BY REGION
5.7 VALUE CHAIN ANALYSIS
5.8 TRADE ANALYSIS
5.8.1 EXPORT SCENARIO FOR HS CODE 7019
5.8.2 IMPORT SCENARIO FOR HS CODE 7019
5.8.3 EXPORT SCENARIO FOR HS CODE 681511
5.8.4 IMPORT SCENARIO FOR HS CODE 681511
5.9 TECHNOLOGY ANALYSIS
5.9.1 TECHNOLOGY ANALYSIS FOR GLASS FIBER COMPOSITES
5.9.2 TECHNOLOGY ANALYSIS FOR CARBON FIBER COMPOSITES
5.9.3 COMPLEMENTARY TECHNOLOGIES FOR LATEST MANUFACTURING PROCESS OF CARBON FIBERS
5.9.4 ADJACENT TECHNOLOGIES FOR LATEST MANUFACTURING PROCESS OF CARBON FIBERS
5.10 IMPACT OF AI/GEN AI ON EV COMPOSITES MARKET
5.10.1 TOP USE CASES AND MARKET POTENTIAL
5.10.2 BEST PRACTICES IN EV COMPOSITES MARKET
5.10.3 CASE STUDIES OF AI IMPLEMENTATION IN EV COMPOSITES MARKET
5.10.4 INTERCONNECTED ADJACENT ECOSYSTEM AND IMPACT ON MARKET PLAYERS
5.10.5 CLIENTS' READINESS TO ADOPT GENERATIVE AI IN EV COMPOSITES MARKET
5.11 KEY STAKEHOLDERS AND BUYING CRITERIA
5.11.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.11.2 BUYING CRITERIA
5.12 PATENT ANALYSIS
5.12.1 INTRODUCTION
5.12.2 METHODOLOGY
5.12.3 PATENT TYPES
5.12.4 INSIGHTS
5.12.5 LEGAL STATUS
5.12.6 JURISDICTION ANALYSIS
5.12.7 TOP APPLICANTS
5.13 REGULATORY LANDSCAPE
5.13.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.14 KEY CONFERENCES AND EVENTS IN 2024–2025
5.15 CASE STUDY ANALYSIS
5.15.1 CASE STUDY 1: WATT ELECTRIC VEHICLES AND THE NATIONAL COMPOSITES CENTRE PARTNERSHIP TO MANUFACTURE COMPOSITE BATTERY
5.15.2 CASE STUDY 2: TEIJIN'S DEVELOPMENT OF CARBON FIBER BATTERY ENCLOSURE
5.16 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.17 INVESTMENT AND FUNDING SCENARIO
6 EV COMPOSITES MARKET, BY FIBER TYPE
6.1 INTRODUCTION
6.2 CARBON
6.2.1 USEFUL IN REDUCING WEIGHT OF BATTERY PACKS AND IMPROVING COOLING
6.2.2 EV CARBON FIBER COMPOSITES MARKET, BY REGION
6.3 GLASS
6.3.1 WIDELY UTILIZED AS REINFORCEMENTS IN EV COMPOSITE, OFFERING BALANCE OF STRENGTH, AFFORDABILITY, AND CORROSION RESISTANCE
6.3.2 EV GLASS FIBER COMPOSITES MARKET, BY REGION
6.4 OTHER FIBERS
6.4.1 OTHER EV FIBER COMPOSITES MARKET, BY REGION
7 EV COMPOSITES MARKET, BY RESIN TYPE
7.1 INTRODUCTION
7.2 THERMOSET COMPOSITES
7.2.1 LOW ON MAINTENANCE—KEY FACTOR PROPELLING MARKET GROWTH
7.2.2 POLYESTER
7.2.3 VINYL ESTER
7.2.4 EPOXY
7.2.5 OTHER THERMOSET RESINS
7.2.6 EV THERMOSET COMPOSITES MARKET, BY REGION
7.3 THERMOPLASTIC COMPOSITES
7.3.1 HIGH COST TO RESTRAIN ADOPTION
7.3.2 POLYPROPYLENE
7.3.3 POLYAMIDE
7.3.4 POLYPHENYLENE SULFIDE
7.3.5 OTHER THERMOPLASTIC RESINS
7.3.5.1 Polyetheretherketone
7.3.5.2 Polyetherimide
7.3.6 EV THERMOPLASTIC COMPOSITES MARKET, BY REGION
8 EV COMPOSITES MARKET, BY TYPE
8.1 INTRODUCTION
8.1.1 EV COMPOSITES MARKET IN BATTERY ENCLOSURE APPLICATIONS
8.1.2 EV COMPOSITES MARKET IN INTERIOR APPLICATIONS
8.1.3 EV COMPOSITES MARKET IN EXTERIOR APPLICATIONS
8.1.4 EV COMPOSITES MARKET IN POWERTRAIN & CHASSIS APPLICATIONS
9 EV COMPOSITES MARKET, BY APPLICATION
9.1 INTRODUCTION
9.2 EXTERIOR
9.2.1 EXTERIOR PARTS MANUFACTURED WITH COMPOSITES IMPART RIGIDITY
9.2.2 EV COMPOSITES MARKET IN EXTERIOR APPLICATIONS, BY FIBER TYPE
9.3 INTERIOR
9.3.1 GLASS FIBER COMPOSITES WIDELY USED IN INTERIOR APPLICATIONS
9.3.2 EV COMPOSITES MARKET IN INTERIOR APPLICATIONS, BY FIBER TYPE
9.4 POWERTRAIN & CHASSIS
9.4.1 STRINGENT GOVERNMENT REGULATIONS TO REDUCE OVERALL WEIGHT OF VEHICLES
9.4.2 EV COMPOSITES MARKET IN POWERTRAIN & CHASSIS APPLICATIONS, BY FIBER TYPE
9.5 BATTERY ENCLOSURES
9.5.1 DESIGNED TO ENSURE SAFETY OF BATTERY AND PASSENGERS IN EVENT OF COLLISION
9.5.2 EV COMPOSITES MARKET IN BATTERY ENCLOSURE APPLICATIONS,
BY FIBER TYPE
10 EV COMPOSITES MARKET, BY MANUFACTURING PROCESS
10.1 INTRODUCTION
10.2 INJECTION MOLDING
10.2.1 OFFERS LOW-COST TOOLING FOR PRODUCTION OF LOW VOLUME
OF LARGE PARTS
10.2.2 INJECTION MOLDING: EV COMPOSITES MARKET, BY REGION
10.3 COMPRESSION MOLDING
10.3.1 PRODUCE HIGH-STRENGTH COMPLEX PARTS IN A VARIETY OF SIZES
10.3.2 COMPRESSION MOLDING: EV COMPOSITES MARKET, BY REGION
10.4 RESIN TRANSFER MOLDING
10.4.1 SUITABLE FOR MEDIUM-VOLUME PRODUCTION OF LARGE COMPONENTS
10.4.2 RESIN TRANSFER MOLDING: EV COMPOSITES MARKET, BY REGION
10.5 OTHER MANUFACTURING PROCESSES
10.5.1 FILAMENT WINDING PROCESS
10.5.2 CONTINUOUS PROCESS
10.5.3 LAY-UP PROCESS
10.5.4 OTHER MANUFACTURING PROCESSES: EV COMPOSITES MARKET,
BY REGION
11 EV COMPOSITES MARKET, BY REGION
11.1 INTRODUCTION
11.2 ASIA PACIFIC
11.2.1 CHINA
11.2.1.1 Rising efforts by domestic automakers to support market growth
11.2.2 JAPAN
11.2.2.1 High demand from OEMs to drive market
11.2.3 INDIA
11.2.3.1 Government support to favor market growth
11.2.4 SOUTH KOREA
11.2.4.1 Government incentives to promote EV demand to drive market
11.2.5 AUSTRALIA
11.2.5.1 Growing sales of electric cars to drive market
11.2.6 REST OF ASIA PACIFIC
11.3 EUROPE
11.3.1 GERMANY
11.3.1.1 Government and OEM plans for rapid EV shift to drive market
11.3.2 FRANCE
11.3.2.1 Plans for rapid electrification to support market growth
11.3.3 UK
11.3.3.1 Heavy investments in EV ecosystem to propel market
11.3.4 ITALY
11.3.4.1 Advanced manufacturing and innovation to drive market
11.3.5 SPAIN
11.3.5.1 Increasing investments in EV space to drive market
11.3.6 RUSSIA
11.3.6.1 Government support for EV adoption to propel market
11.3.7 BELGIUM
11.3.7.1 Increasing investments in EV space to drive market
11.3.8 REST OF EUROPE
11.4 NORTH AMERICA
11.4.1 US
11.4.1.1 High investments and government focus on cleaner mobility to drive market
11.4.2 CANADA
11.4.2.1 Increasing development of EV infrastructure to drive market
11.5 LATIN AMERICA
11.5.1 BRAZIL
11.5.1.1 Growth of electric vehicles industry to propel market
11.5.2 MEXICO
11.5.2.1 Lower manufacturing cost and proximity to OEMs in US to drive market
11.5.3 REST OF LATIN AMERICA
11.6 MIDDLE EAST & AFRICA
11.6.1 GCC COUNTRIES
11.6.1.1 UAE
11.6.1.1.1 Supportive government policies to boost market growth
11.6.1.2 Rest of GCC countries
11.6.2 SOUTH AFRICA
11.6.2.1 Local and international investments to boost market
11.6.3 REST OF MIDDLE EAST & AFRICA
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
12.3 REVENUE ANALYSIS
12.4 MARKET SHARE ANALYSIS
12.5 BRAND/PRODUCT COMPARATIVE ANALYSIS
12.5.1 BRAND/PRODUCT COMPARATIVE ANALYSIS, BY EV COMPOSITE PRODUCT
12.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
12.6.1 STARS
12.6.2 EMERGING LEADERS
12.6.3 PERVASIVE PLAYERS
12.6.4 PARTICIPANTS
12.6.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
12.6.5.1 Company footprint
12.6.5.2 Fiber type footprint
12.6.5.3 Type footprint
12.6.5.4 Resin type footprint
12.6.5.5 Application footprint
12.6.5.6 Region footprint
12.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
12.7.1 PROGRESSIVE COMPANIES
12.7.2 RESPONSIVE COMPANIES
12.7.3 DYNAMIC COMPANIES
12.7.4 STARTING BLOCKS
12.7.5 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
12.8 VALUATION AND FINANCIAL METRICS OF EV COMPOSITE VENDORS
12.9 COMPETITIVE SCENARIO AND TRENDS
12.9.1 PRODUCT LAUNCHES
12.9.2 DEALS
12.9.3 EXPANSIONS
13 COMPANY PROFILES
13.1 KEY PLAYERS
13.1.1 SYENSQO
13.1.1.1 Business overview
13.1.1.2 Products/Solutions/Services offered
13.1.1.3 Recent developments
13.1.1.3.1 Product launches
13.1.1.3.2 Other developments
13.1.1.4 MnM view
13.1.1.4.1 Right to win
13.1.1.4.2 Strategic choices
13.1.1.4.3 Weaknesses and competitive threats
13.1.2 TORAY INDUSTRIES, INC.
13.1.2.1 Business overview
13.1.2.2 Products/Solutions/Services offered
13.1.2.3 Recent developments
13.1.2.3.1 Product launches
13.1.2.3.2 Deals
13.1.2.3.3 Expansions
13.1.2.4 MnM view
13.1.2.4.1 Right to win
13.1.2.4.2 Strategic choices
13.1.2.4.3 Weaknesses and competitive threats
13.1.3 POLYTEC HOLDING AG
13.1.3.1 Business overview
13.1.3.2 Products/Solutions/Services offered
13.1.3.3 Recent developments
13.1.3.4 MnM view
13.1.3.4.1 Right to win
13.1.3.4.2 Strategic choices
13.1.3.4.3 Weaknesses and competitive threats
13.1.4 OPMOBILITY
13.1.4.1 Business overview
13.1.4.2 Products/Solutions/Services offered
13.1.4.3 Recent developments
13.1.4.4 MnM view
13.1.4.4.1 Right to win
13.1.4.4.2 Strategic choices
13.1.4.4.3 Weaknesses and competitive threats
13.1.5 FORVIA
13.1.5.1 Business overview
13.1.5.2 Products/Solutions/Services offered
13.1.5.3 Recent developments
13.1.5.4 MnM view
13.1.5.4.1 Right to win
13.1.5.4.2 Strategic choices
13.1.5.4.3 Weaknesses and competitive threats
13.1.6 ELRINGKLINGER AG
13.1.6.1 Business overview
13.1.6.2 Products/Solutions/Services offered
13.1.6.3 MnM view
13.1.6.3.1 Right to win
13.1.6.3.2 Strategic choices
13.1.6.3.3 Weaknesses and competitive threats
13.1.7 HENGRUI CORPORATION (HRC)
13.1.7.1 Business overview
13.1.7.2 Products/Solutions/Services offered
13.1.7.3 Recent developments
13.1.7.4 MnM view
13.1.7.4.1 Right to win
13.1.7.4.2 Strategic choices
13.1.7.4.3 Weaknesses and competitive threats
13.1.8 EXEL COMPOSITES
13.1.8.1 Business overview
13.1.8.2 Products/Solutions/Services offered
13.1.8.3 MnM view
13.1.8.3.1 Right to win
13.1.8.3.2 Strategic choices
13.1.8.3.3 Weaknesses and competitive threats
13.1.9 SGL CARBON
13.1.9.1 Business overview
13.1.9.2 Products/Solutions/Services offered
13.1.9.3 Recent developments
13.1.9.3.1 Deals
13.1.9.3.2 Expansions
13.1.9.4 MnM view
13.1.9.4.1 Right to win
13.1.9.4.2 Strategic choices
13.1.9.4.3 Weaknesses and competitive threats
13.1.10 TEIJIN LIMITED
13.1.10.1 Business overview
13.1.10.2 Products/Solutions/Services offered
13.1.10.3 Recent developments
13.1.10.3.1 Deals
13.1.10.4 MnM view
13.1.10.4.1 Right to win
13.1.10.4.2 Strategic choices
13.1.10.4.3 Weaknesses and competitive threats
13.1.11 MITSUBISHI CHEMICAL GROUP CORPORATION
13.1.11.1 Business overview
13.1.11.2 Products/Solutions/Services offered
13.1.11.3 Recent developments
13.1.11.3.1 Deals
13.1.11.3.2 Expansions
13.1.11.4 MnM view
13.1.11.4.1 Right to win
13.1.11.4.2 Strategic choices
13.1.11.4.3 Weaknesses and competitive threats
13.1.12 OWENS CORNING
13.1.12.1 Business overview
13.1.12.2 Products/Solutions/Services offered
13.1.12.3 MnM view
13.1.12.3.1 Right to win
13.1.12.3.2 Strategic choices
13.1.12.3.3 Weaknesses and competitive threats
13.1.13 PIRAN ADVANCED COMPOSITES
13.1.13.1 Business overview
13.1.13.2 Products/Solutions/Services offered
13.1.13.3 MnM view
13.1.13.3.1 Right to win
13.1.13.3.2 Strategic choices
13.1.13.3.3 Weaknesses and competitive threats
13.1.14 MAR-BAL, INC.
13.1.14.1 Business overview
13.1.14.2 Products/Solutions/Services offered
13.1.14.3 MnM view
13.1.14.3.1 Right to win
13.1.14.3.2 Strategic choices
13.1.14.3.3 Weaknesses and competitive threats
13.1.15 RЦCHLING SE & CO. KG
13.1.15.1 Business overview
13.1.15.2 Products/Solutions/Services offered
13.1.15.3 MnM view
13.1.15.3.1 Right to win
13.1.15.3.2 Strategic choices
13.1.15.3.3 Weaknesses and competitive threats
13.2 OTHER PLAYERS
13.2.1 HANKUK CARBON CO., LTD.
13.2.2 CIE AUTOMOTIVE INDIA
13.2.3 UFP TECHNOLOGIES, INC.
13.2.4 ZHONGAO CARBON
13.2.5 ATLAS FIBRE
13.2.6 KAUTEX
13.2.7 ENVALIOR
13.2.8 TRB LIGHTWEIGHT STRUCTURES
13.2.9 THE GUND COMPANY
13.2.10 IDI COMPOSITES INTERNATIONAL
14 APPENDIX
14.1 DISCUSSION GUIDE
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.3 CUSTOMIZATION OPTIONS
14.4 RELATED REPORTS
14.5 AUTHOR DETAILS