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Press Release / Blogging & Social Media / Thermoplastic Resin in the Global Automotive Composites Market 2017-2022

Thermoplastic Resin in the Global Automotive Composites Market 2017-2022

By Lucintel on August 22 2017 | 221 Views

UPR in the global automotive composites market is forecast to grow at a CAGR of 5.3% from 2016 to 2021.

According to a new market report published by Lucintel, the future of unsaturated polyester resin (UPR) in the global automotive composites market looks promising with opportunities in various applications, including closure panels, body panels, fenders, GOR(grille opening reinforcement), heat shields, headlamp reflectors, pickup box and others. UPR in the global automotive composites market is forecast to grow at a CAGR of 5.3% from 2016 to 2021. The major drivers for market growth are the increasing demand for lightweight materials, and performance benefits of reinforced composites over rival materials. UPR Composites with properties such as easy to process, high tensile strength, lightweight, good corrosion resistance and surface tension are ideal for manufacturing lightweight and fuel-efficient vehicles.....
http://www.lucintel.com/upr-in-automotive-composite-2016.aspx



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