Automotive Composites Market To Exceed USD 24 Billion By 2024

- Mar 27, 2018-

Automotive Composites Market size was worth over USD 15 billion in 2016 and its demand is projected to cross 4000 kilo tons in 2024.

Increasing usage of lightweight materials with implementation of cost effective measures to reduce carbon emission are the key factors driving the automotive composites market size.

ACP, Cytec Solvay Group, Hexcel Corporation, Johns Manville Corporation, Koninklijke Ten Cate, Owens Corning Corp. Protech are among major industry participants included in the value chain of the product.