Automotive Composites Market to Grow at 6.7% CAGR to 2026 : Leading Players Owens Corning, Toray Industries, Inc., ZOLTEK, DowAksa, Cytec Solvay Group, Hexcel Corporation
The automotive composites market share is segmented into injection, compression, RTM resin transfer molding, and others, depending on the manufacturing process. The others segment is slated to register a CAGR of more than 5% during the forecast period. This can be associated with growing implementation of composites in the structural elements of vehicles and the need for advanced and innovative manufacturing processes to meet the global automotive demand.
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