France Automotive Thermoplastic Polymer Composites Market Size, Status and Industry Outlook During...

France Automotive Thermoplastic Polymer Composites Market Size, Status and Industry Outlook During 2020 to 2025

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Oct 24, 2020 (Market Insight Reports) —
The France Automotive Thermoplastic Polymer Composites Market as of late Published Market look into study with in excess of 100 industry enlightening work area and Figures spread through Pages and straightforward itemized TOC on “France Automotive Thermoplastic Polymer Composites Market”.
The report gives data and the propelling business arrangement data in the segment to the trade. The report gives a thought related with the progression of this market advancement of key players of this industry. An assessment of this France Automotive Thermoplastic Polymer Composites market depends upon points, which are of composed into advertise investigation, is fused into the reports.

The France Automotive Thermoplastic Polymer Composites Market is projected to register a CAGR of 4.0% during the forecast period 2020 to 2025.

– Increasing passenger traffic is encouraging airlines to procure new aircraft, which in turn is creating an acute pilot shortage. Thus, aviation training institutes in the region are modernizing their training capabilities via procuring new simulator equipment to train a larger batch of aviation aspirants per year while adhering to the certification criteria of the regulatory agencies.

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Key Market Trends

Glass Mat Thermoplastic (GMT) is Expected to Grow with a Fast Pace
Glass mat thermoplastic sheets were first introduced in 1970. Considering the cost-related mechanical performance criteria, GMT composites are located between injection moldable, discontinues (long or short) glass-fiber-reinforced composites and advanced thermoplastic with various fiber architecture.
Although GMTs are available in various polymer matrices is dominated by propylene-based composites, due to their low price. These are well capable of competing with other structure materials, primarily in conditions where temperature lesser than 110C are maintained.
Glass mat thermoplastic composites are witnessing demand from the composite market. They are easy to use, with superior mechanical performance.
– Mercedes-Benz selected two grades of glass mat-reinforced thermoplastic material, which are supplied by the Swiss material producer, Quadrant Plastic Composites. These materials are used for manufacturing the innovative front-end module, which was designed for its S-class series luxury coupe. The new front-end module weighs only 3.4 kg, while the previous model used to weigh 5 kg.

Transportation Sector to Drive the Market
The Corporate Average Fuel Economy (CAF) standard forced manufacturers in the automobile industry to develop vehicle designs that incorporated high-performance light-weight materials. The weight of an automobile has a direct impact on driving dynamics, fuel consumption, and agility. A 10% reduction in vehicle weights results in approximately 5-7% rise in fuel savings
From 2020, the European Union will require every European vehicle manufacturer to achieve an emission level of 95g of carbon dioxide per km, from present-day emission level of 130g of carbon dioxide per km.
The rising focus on minimizing carbon emission and enhancement of fuel economy, primarily by reducing the weight of a vehicle, are driving the demand for thermoplastics composites.
In 2019, SABIC announced a new, cutting-edge technology for producing lightweight, cost-effective, and recyclable vehicle panels, primarily by using its UDMAX tape, a unidirectional, fiber-reinforced thermoplastic composite, at JEC World 2019. This innovative technology, which has designed to replace traditional panels made of metal and thermoset material for interior and exterior automotive applications, will soon be commercialized in the bulkhead of a light commercial vehicle (LCV), globally.
In the case of bulkhead, replacing a traditional metal component with the UDMAX tape lamination reduces the mass by 35% in the application. Lower weight can also make large bulkhead easier to handle, which could help in accelerating the assembly process of vehicles.

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Competitive Landscape
The France Automotive Thermoplastic Polymer Composites Market is consolidated with only a few companies dominating the market. Some of the major players in the market are 3B-Fiberglass, Base Group, BASF SE(OTC:BFFAF), BMW, Cytec Industries, Inc., amongst others.

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