Asia Pacific dominates global automotive Composites market. Expanding automotive industry, growing capital investments, low cost labor and growing government initiatives for automotive sector are some major factors driving the growth of automotive composites market in this region. China is world’s largest vehicle manufacturer. The region has witnessed slow growth in the last few years due to US china trade wars and significant rise in competition from other Asian countries but the market is expected to rise in forecast period. As per Chinese government automobile production will reach more than 35 million units by 2025. Country is largest exporter of vehicle components and other spare parts to the world. China’s specialty auto parts market reached approximately $3.5 million in 2018, registering an annual growth rate of about 30%. Thriving electric car manufacturing in china will boost the growth of automotive Composites market in coming years. This Automotive Composite market report provides insights on ne
