Automotive Composites Market 2017 Projected to Witness at a CAGR of 8.08% and Forecast to 2022
Automotive Composites market is projected to grow at a CAGR of 8.08% over the projected period to reach US$7.322 billion by 2022, from US$4.965 billion in 2017. High fuel prices and mounting concerns over the availability of limited non-renewable resources is driving the demand for fuel efficient vehicles, thereby propelling the automotive composites market growth. Moreover, the need to reduce carbon emissions in automotive due to environmental regulations along with strict automotive regulatory requirements further contribute to the market growth...
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