Product Code: ETC069607 | 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 |
Automotive composites offer lightweight and durable solutions for vehicle components in South Africa, contributing to fuel efficiency and performance. The market is expanding with the automotive industry`s shift towards electric vehicles (EVs) and sustainability goals.
In South Africa, the automotive composites market is bolstered by efforts to reduce vehicle weight and improve fuel efficiency. Composite materials offer superior strength-to-weight ratios and corrosion resistance, supporting their adoption in automotive manufacturing and aftermarket applications.
The automotive composites market in South Africa encounters several challenges that affect its growth trajectory and market expansion. One of the primary challenges is the high cost of composite materials compared to traditional metals, which limits their widespread adoption in mass-produced vehicles. Economic constraints and budget limitations further restrict investment in advanced composite technologies by local automotive manufacturers. Moreover, regulatory compliance and safety standards specific to composite materials require stringent testing and certification processes, adding to production costs and lead times. Additionally, the need for specialized manufacturing equipment and skilled labor proficient in composite processing poses barriers to entry for new market entrants and SMEs. Furthermore, fluctuating raw material prices and supply chain disruptions influence market stability and operational planning for automotive composite suppliers in South Africa.
Government policies in the Automotive Composites Market emphasize the importance of lightweight and high-strength materials in enhancing vehicle performance and fuel efficiency. The South African government supports research and development in composite materials and provides incentives for their use in the automotive industry. Regulations ensure the safety and environmental sustainability of composite manufacturing processes.
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 South Africa Automotive Composites Market Overview |
3.1 South Africa Country Macro Economic Indicators |
3.2 South Africa Automotive Composites Market Revenues & Volume, 2021 & 2031F |
3.3 South Africa Automotive Composites Market - Industry Life Cycle |
3.4 South Africa Automotive Composites Market - Porter's Five Forces |
3.5 South Africa Automotive Composites Market Revenues & Volume Share, By Fiber, 2021 & 2031F |
3.6 South Africa Automotive Composites Market Revenues & Volume Share, By Resin, 2021 & 2031F |
3.7 South Africa Automotive Composites Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 South Africa Automotive Composites Market Revenues & Volume Share, By Vehicle, 2021 & 2031F |
4 South Africa Automotive Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Africa Automotive Composites Market Trends |
6 South Africa Automotive Composites Market, By Types |
6.1 South Africa Automotive Composites Market, By Fiber |
6.1.1 Overview and Analysis |
6.1.2 South Africa Automotive Composites Market Revenues & Volume, By Fiber, 2021-2031F |
6.1.3 South Africa Automotive Composites Market Revenues & Volume, By Glass, 2021-2031F |
6.1.4 South Africa Automotive Composites Market Revenues & Volume, By Carbon, 2021-2031F |
6.1.5 South Africa Automotive Composites Market Revenues & Volume, By Others, 2021-2031F |
6.2 South Africa Automotive Composites Market, By Resin |
6.2.1 Overview and Analysis |
6.2.2 South Africa Automotive Composites Market Revenues & Volume, By Thermoset, 2021-2031F |
6.2.3 South Africa Automotive Composites Market Revenues & Volume, By Thermoplastic, 2021-2031F |
6.3 South Africa Automotive Composites Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 South Africa Automotive Composites Market Revenues & Volume, By Interior, 2021-2031F |
6.3.3 South Africa Automotive Composites Market Revenues & Volume, By Exterior, 2021-2031F |
6.3.4 South Africa Automotive Composites Market Revenues & Volume, By Powertrain, 2021-2031F |
6.3.5 South Africa Automotive Composites Market Revenues & Volume, By Chassis, 2021-2031F |
6.4 South Africa Automotive Composites Market, By Vehicle |
6.4.1 Overview and Analysis |
6.4.2 South Africa Automotive Composites Market Revenues & Volume, By Non-electric, 2021-2031F |
6.4.3 South Africa Automotive Composites Market Revenues & Volume, By Electric, 2021-2031F |
7 South Africa Automotive Composites Market Import-Export Trade Statistics |
7.1 South Africa Automotive Composites Market Export to Major Countries |
7.2 South Africa Automotive Composites Market Imports from Major Countries |
8 South Africa Automotive Composites Market Key Performance Indicators |
9 South Africa Automotive Composites Market - Opportunity Assessment |
9.1 South Africa Automotive Composites Market Opportunity Assessment, By Fiber, 2021 & 2031F |
9.2 South Africa Automotive Composites Market Opportunity Assessment, By Resin, 2021 & 2031F |
9.3 South Africa Automotive Composites Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 South Africa Automotive Composites Market Opportunity Assessment, By Vehicle, 2021 & 2031F |
10 South Africa Automotive Composites Market - Competitive Landscape |
10.1 South Africa Automotive Composites Market Revenue Share, By Companies, 2024 |
10.2 South Africa Automotive Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |