Stratview Research in its recent report has offered an overlook of the current Hybrid Composites Market scenarios and has also estimated the market size to reach grow at CAGR of 16.2%. The insights highlighted in the report are based on data that is carefully collected from reliable sources and is then scrutinized to have a proper analysis.
Not only the report offers the market size but also details about the market segmentation with its share. Stratview Research also extends its research to offer a forecast of the market during the period, to provide the clients with base knowledge of the market and make strategies to have beneficial results ahead.

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Automotive composites market is projected to reach an estimated value of US$ 15.6 billion in 2024. In the coming five years, the growth rate of composites in automotive is likely to outpace the growth rate of the automotive industry, catching the significant attention of the industry stakeholders. Organic growth in the automobile production; strict government regulations regarding carbon emission reductions and fuel efficiency enhancements such as CAFÉ Standards; an excellent weight reduction offered by composite materials, a shift towards all-composites parts, a significant reduction in number of parts, and excellent chemical as well as corrosion resistance ... Read more »

Automotive ceramics market is likely to witness an impressive CAGR of 5.5% during the forecast period. Automotive ceramic products are lighter in weight, more durable, and offer better corrosion-resistance properties in comparison with traditional materials such as metals and plastics. This factor is serving as a catalyst towards the wide adoption of ceramic materials in a wide array of applications in the automotive industry. 

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Automotive engine belt & hoses market is likely to witness an impressive CAGR of 7.1% during the forecast period. The rising automobile production is the prime factor that is underpinning the automotive engine belt & hoses market globally. Further, stringent regulations concerning fuel emissions, improvement in materials used in hoses for durability, and surge in penetration of fuel-efficient technologies are the other significant factors, likely to contribute towards the growth of the global automotive engine belt & hoses market.

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Automotive fuel system market is likely to witness a healthy CAGR of 4.5% during the forecast period. The demand for automotive fuel system is directly influenced by the global vehicle production. It is estimated that approximately 652.0 million vehicles are likely to be produced worldwide during 2019-2024 out of which Asia-Pacific will alone account for 55.3% share.

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Automotive HMI market is likely to witness an impressive CAGR of 12.3% during the forecast period. The growth in the demand for convenient features and improved user experience coupled with the rising demand for connected vehicles in the automobile industry are some of the major factors that are underpinning the growth of the automotive HMI market globally.

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