TechNavio’s analysts forecast the Global Automotive Composites market to grow at a CAGR of 7.83 percent over the period 2012-2016. The weight reduction measures taken by automobile manufacturers is one of the key factors contributing to this market growth. The market has also been witnessing increasing use of carbon fiber composites. However, high automotive composite costs could pose a challenge to the growth of this market. TechNavio’s report, the Global Automotive Composites Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Automotive Composites market landscape and its growth …
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