| Product Code: ETC4638852 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The automotive composites market in New Zealand caters to the growing demand for lightweight and fuel-efficient vehicles. Composite materials, such as carbon fiber reinforced plastics (CFRP) and glass fiber reinforced plastics (GFRP), offer high strength-to-weight ratios and design flexibility, making them ideal for automotive applications. Market growth is driven by environmental regulations, advancements in composite manufacturing processes, and automotive industry trends towards electrification and sustainability.
Automotive composites encompass a wide range of lightweight materials, such as carbon fiber, glass fiber, and aramid fiber reinforced polymers, used in vehicle body panels, chassis components, and interior parts in New Zealand. These composites offer superior strength-to-weight ratio, corrosion resistance, and design flexibility, contributing to fuel efficiency, crashworthiness, and aesthetics in modern automobiles.
The automotive composites market in New Zealand is constrained by the high cost of advanced composite materials and the complexity of manufacturing processes. There is also limited local production and supply of raw materials, necessitating imports and increasing costs. Additionally, the market faces competition from traditional materials like steel and aluminum, which can offer lower costs and established supply chains.
The government`s emphasis on lightweight and fuel-efficient vehicles has driven the automotive composites market. Policies promoting research and development in advanced materials for the automotive sector are significant contributors.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 New Zealand Automotive Composites Market Overview |
3.1 New Zealand Country Macro Economic Indicators |
3.2 New Zealand Automotive Composites Market Revenues & Volume, 2021 & 2031F |
3.3 New Zealand Automotive Composites Market - Industry Life Cycle |
3.4 New Zealand Automotive Composites Market - Porter's Five Forces |
3.5 New Zealand Automotive Composites Market Revenues & Volume Share, By Fiber, 2021 & 2031F |
3.6 New Zealand Automotive Composites Market Revenues & Volume Share, By Resin, 2021 & 2031F |
3.7 New Zealand Automotive Composites Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 New Zealand Automotive Composites Market Revenues & Volume Share, By Vehicle, 2021 & 2031F |
4 New Zealand Automotive Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight materials in the automotive industry to improve fuel efficiency and reduce emissions |
4.2.2 Growing focus on sustainability and environmental concerns driving the adoption of composites in automotive manufacturing |
4.2.3 Innovations in composite materials technology leading to improved performance and cost-effectiveness |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up composite manufacturing facilities |
4.3.2 Limited availability of skilled labor for working with composite materials |
4.3.3 Challenges related to recycling and disposal of composite materials, impacting sustainability goals |
5 New Zealand Automotive Composites Market Trends |
6 New Zealand Automotive Composites Market Segmentations |
6.1 New Zealand Automotive Composites Market, By Fiber |
6.1.1 Overview and Analysis |
6.1.2 New Zealand Automotive Composites Market Revenues & Volume, By Glass, 2021-2031F |
6.1.3 New Zealand Automotive Composites Market Revenues & Volume, By Carbon, 2021-2031F |
6.1.4 New Zealand Automotive Composites Market Revenues & Volume, By Others, 2021-2031F |
6.2 New Zealand Automotive Composites Market, By Resin |
6.2.1 Overview and Analysis |
6.2.2 New Zealand Automotive Composites Market Revenues & Volume, By Thermoset, 2021-2031F |
6.2.3 New Zealand Automotive Composites Market Revenues & Volume, By Thermoplastic, 2021-2031F |
6.3 New Zealand Automotive Composites Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 New Zealand Automotive Composites Market Revenues & Volume, By Interior, 2021-2031F |
6.3.3 New Zealand Automotive Composites Market Revenues & Volume, By Exterior, 2021-2031F |
6.3.4 New Zealand Automotive Composites Market Revenues & Volume, By Powertrain, 2021-2031F |
6.3.5 New Zealand Automotive Composites Market Revenues & Volume, By Chassis, 2021-2031F |
6.4 New Zealand Automotive Composites Market, By Vehicle |
6.4.1 Overview and Analysis |
6.4.2 New Zealand Automotive Composites Market Revenues & Volume, By Non-electric, 2021-2031F |
6.4.3 New Zealand Automotive Composites Market Revenues & Volume, By Electric, 2021-2031F |
7 New Zealand Automotive Composites Market Import-Export Trade Statistics |
7.1 New Zealand Automotive Composites Market Export to Major Countries |
7.2 New Zealand Automotive Composites Market Imports from Major Countries |
8 New Zealand Automotive Composites Market Key Performance Indicators |
8.1 Percentage of automotive manufacturers in New Zealand using composites in their production processes |
8.2 Research and development investment in automotive composite materials technology |
8.3 Number of partnerships and collaborations between industry players for composite material innovation and adoption. |
9 New Zealand Automotive Composites Market - Opportunity Assessment |
9.1 New Zealand Automotive Composites Market Opportunity Assessment, By Fiber, 2021 & 2031F |
9.2 New Zealand Automotive Composites Market Opportunity Assessment, By Resin, 2021 & 2031F |
9.3 New Zealand Automotive Composites Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 New Zealand Automotive Composites Market Opportunity Assessment, By Vehicle, 2021 & 2031F |
10 New Zealand Automotive Composites Market - Competitive Landscape |
10.1 New Zealand Automotive Composites Market Revenue Share, By Companies, 2024 |
10.2 New Zealand Automotive Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |