Product Code: ETC069577 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Romania automotive composites market is gaining momentum due to the automotive industry`s focus on reducing vehicle weight to improve fuel efficiency and reduce emissions. Composites offer significant weight savings while maintaining strength and durability. The market is driven by innovations in composite materials and manufacturing processes, as well as regulatory pressures for more sustainable and efficient vehicles.
The automotive composites market in Romania is driven by the growing emphasis on vehicle lightweighting to improve fuel efficiency and reduce emissions. The use of composites in automotive components such as body panels, interiors, and structural parts helps achieve significant weight reduction while maintaining strength and durability. The increasing adoption of electric vehicles, which require lightweight materials to enhance battery efficiency and range, is also contributing to the market`s expansion.
The Romania Automotive Composites market is hindered by the high costs associated with composite materials, which are more expensive than traditional materials like steel and aluminum. This cost factor limits their widespread adoption, especially among cost-sensitive manufacturers. The market also suffers from a lack of standardized testing and certification processes, which can delay the approval and usage of new composite materials. Additionally, the need for specialized manufacturing processes and equipment poses a barrier for many companies, particularly SMEs. The slow rate of technological adoption within the industry further exacerbates these challenges.
Romania government policies encourage the use of composites in the automotive industry to reduce vehicle weight and improve fuel efficiency. Support includes funding for R&D, partnerships between automotive companies and research institutions, and tax incentives for using eco-friendly materials. Regulations also mandate the recycling of composite materials to promote sustainability.
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 Romania Automotive Composites Market Overview |
3.1 Romania Country Macro Economic Indicators |
3.2 Romania Automotive Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Romania Automotive Composites Market - Industry Life Cycle |
3.4 Romania Automotive Composites Market - Porter's Five Forces |
3.5 Romania Automotive Composites Market Revenues & Volume Share, By Fiber, 2021 & 2031F |
3.6 Romania Automotive Composites Market Revenues & Volume Share, By Resin, 2021 & 2031F |
3.7 Romania Automotive Composites Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Romania Automotive Composites Market Revenues & Volume Share, By Vehicle, 2021 & 2031F |
4 Romania Automotive Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Romania Automotive Composites Market Trends |
6 Romania Automotive Composites Market, By Types |
6.1 Romania Automotive Composites Market, By Fiber |
6.1.1 Overview and Analysis |
6.1.2 Romania Automotive Composites Market Revenues & Volume, By Fiber, 2021-2031F |
6.1.3 Romania Automotive Composites Market Revenues & Volume, By Glass, 2021-2031F |
6.1.4 Romania Automotive Composites Market Revenues & Volume, By Carbon, 2021-2031F |
6.1.5 Romania Automotive Composites Market Revenues & Volume, By Others, 2021-2031F |
6.2 Romania Automotive Composites Market, By Resin |
6.2.1 Overview and Analysis |
6.2.2 Romania Automotive Composites Market Revenues & Volume, By Thermoset, 2021-2031F |
6.2.3 Romania Automotive Composites Market Revenues & Volume, By Thermoplastic, 2021-2031F |
6.3 Romania Automotive Composites Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Romania Automotive Composites Market Revenues & Volume, By Interior, 2021-2031F |
6.3.3 Romania Automotive Composites Market Revenues & Volume, By Exterior, 2021-2031F |
6.3.4 Romania Automotive Composites Market Revenues & Volume, By Powertrain, 2021-2031F |
6.3.5 Romania Automotive Composites Market Revenues & Volume, By Chassis, 2021-2031F |
6.4 Romania Automotive Composites Market, By Vehicle |
6.4.1 Overview and Analysis |
6.4.2 Romania Automotive Composites Market Revenues & Volume, By Non-electric, 2021-2031F |
6.4.3 Romania Automotive Composites Market Revenues & Volume, By Electric, 2021-2031F |
7 Romania Automotive Composites Market Import-Export Trade Statistics |
7.1 Romania Automotive Composites Market Export to Major Countries |
7.2 Romania Automotive Composites Market Imports from Major Countries |
8 Romania Automotive Composites Market Key Performance Indicators |
9 Romania Automotive Composites Market - Opportunity Assessment |
9.1 Romania Automotive Composites Market Opportunity Assessment, By Fiber, 2021 & 2031F |
9.2 Romania Automotive Composites Market Opportunity Assessment, By Resin, 2021 & 2031F |
9.3 Romania Automotive Composites Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Romania Automotive Composites Market Opportunity Assessment, By Vehicle, 2021 & 2031F |
10 Romania Automotive Composites Market - Competitive Landscape |
10.1 Romania Automotive Composites Market Revenue Share, By Companies, 2024 |
10.2 Romania Automotive Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |