Automotive Composite Materials Market Analysis by Size, Share, Growth, Trends, Opportunities and Forecast (2022-2028) Global Automotive Composite Materials Market was valued US$ 4,681.6 million in 2018 and is expected to reach a market size of US$ 9,037.4 million by 2025, growing at a CAGR of 9.97% during the forecast period 2019-2025. Lightweight materials are an important technology that can improve the fuel efficiency of passenger vehicles by 6-8% for every 10% weight reduction while making electric and alternative vehicles more competitive as well. The new generation of vehicles, therefore, has to be lighter, less polluting, and more fuel-efficient. Thus, vehicle design should be developed aiming for individual mobility while maintaining safety, eco-friendliness, and affordability. These issues can be overcome by the use of composite materials in automotive manufacturing. Today, composite materials have big advantages over steel in automobile manufacturing. Composites are being considered to make lighter, safer, and more fuel-efficient vehicles. Carbon-fibre composites weigh about one-fifth as much as steel but are as good or better in terms of stiffness and strength. Download Free Sample of this Report- https://univdatos.com/reports/global-market-insights-on-automotive-composite-materials-insights-and-forecast-2019-2025?popup=report-enquiry The report also covers in-detailed competitive landscape including company profiles of key players operating in the global automotive radar market. Some of the key players include BASF Corporation, DowDupont, Gurit Holding AG, Magna International Inc., Mitsubishi Chemicals Holding Corporation, Owens Corning, SGL Group, Solvay S.A., Teijin Limited and Toray Industries Inc. The in-detailed view of the competitive landscape includes key mergers & acquisitions, future capacities, financial overview, new product launches, new product developments, partnerships, collaborations, and other developments with company key facts. Request for full report- https://univdatos.com/report/global-market-insights-on-automotive-composite-materials-insights-and-forecast-2019-2025/ Contact Us: UnivDatos Market Insights Contact Number - +19787330253 Email - contact@univdatos.com Website - www.univdatos.com Linkedin- https://www.linkedin.com/company/univ-datos-market-insight/mycompany/