Automotive Composite Liftgate Market
PUBLISHED: 2024 ID: SMRC27522
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Automotive Composite Liftgate Market

Automotive Composite Liftgate Market Forecasts to 2030 - Global Analysis by Type (Conventional Power Liftgate Glass and Hands-free Power Liftgate), Vehicle Type, Manufacturing Process and By Geography

4.1 (33 reviews)
4.1 (33 reviews)
Published: 2024 ID: SMRC27522

This report covers the impact of COVID-19 on this global market
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Years Covered

2022-2030

Estimated Year Value (2024)

US $1.82 BN

Projected Year Value (2030)

US $2.89 BN

CAGR (2024 - 2030)

8.0%

Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market

North America

Highest Growing Market

Asia Pacific


According to Stratistics MRC, the Global Automotive Composite Liftgate Market is accounted for $1.82 billion in 2024 and is expected to reach $2.89 billion by 2030 growing at a CAGR of 8.0% during the forecast period. An automotive composite liftgate is a rear access door made from composite materials, designed for vehicles such as SUVs and hatchbacks. These liftgates are lightweight, durable, and offer enhanced performance compared to traditional metal counterparts. The use of composites helps improve fuel efficiency by reducing overall vehicle weight while providing design flexibility and aesthetic appeal. 


 
Market Dynamics: 

Driver: 

Sustainability Trends 

Sustainability trends are significantly impacting the market as manufacturers increasingly prioritize eco-friendly materials and processes. The shift towards lightweight, recyclable composites helps reduce overall vehicle weight, leading to lower emissions and improved fuel efficiency. As consumers demand greener solutions, automotive companies are adopting composite liftgates to align with sustainability goals. This trend fosters innovation in materials and manufacturing techniques, positioning composite liftgates as essential components for sustainable automotive design. Thus, it boosts the growth of the market.

Restraint:
 
High Manufacturing Costs

High manufacturing costs are a significant restraint in the market, as the initial investment for composite materials and advanced production techniques can be substantial. These costs may deter some manufacturers from adopting composites, opting instead for traditional materials like steel or aluminum. Consequently, this restraint can limit market growth and slow the transition to lightweight, fuel-efficient liftgates, impacting overall sustainability efforts within the automotive industry, thus it hinders the growth of the market.

Opportunity:

Automotive Electrification

Automotive electrification is the increasing integration of electric power trains in vehicles, significantly impacting the market. As electric vehicles (EVs) grow in popularity, manufacturers are adopting lightweight composite liftgates to enhance efficiency and performance. These liftgates support the overall goal of reducing vehicle weight, which is crucial for maximizing range and battery efficiency. Furthermore, the shift towards EVs aligns with sustainability initiatives, driving innovation in composite materials and manufacturing processes to meet evolving automotive standards and consumer demands, thus it drives the growth of the market.

Threat:
 
Technological Barriers

Technological barriers are the challenges in integrating advanced composite materials into existing manufacturing processes. These barriers can include a lack of skilled labor, insufficient knowledge of composite technologies, and the need for specialized equipment. As a result, manufacturers may hesitate to adopt composite liftgates, potentially slowing innovation and limiting the growth of the market. Addressing these barriers is crucial for facilitating the transition to lightweight, efficient liftgate solutions in the automotive industry. 

Covid-19 Impact: 

The COVID-19 pandemic adversely affected the Automotive Composite Liftgate Market by causing supply chain disruptions and delays in production due to lockdowns. Reduced automotive manufacturing and temporary factory closures led to decreased demand for liftgates. However, as recovery progressed, manufacturers began focusing on lightweight and sustainable solutions, driving innovation in composite materials. 

The compression molding segment is expected to be the largest during the forecast period

The compression molding segment is expected to be the largest during the forecast period as this manufacturing process allows for the efficient production of complex shapes with high precision. Compression molding enhances material performance and reduces production time, making it an attractive option for creating lightweight, durable liftgates. This method also supports the integration of advanced composite materials, enabling manufacturers to meet the increasing demand for fuel-efficient and environmentally friendly automotive solutions while optimizing costs and scalability.

The commercial vehicles segment is expected to have the highest CAGR during the forecast period

The commercial vehicles segment is expected to have the highest CAGR during the forecast period due to demand for lighter, more efficient components. Manufacturers are increasingly using composite liftgates to enhance fuel efficiency and payload capacity while complying with stricter emissions regulations. This trend fosters innovation in design and materials, positioning composite liftgates as a preferred choice in the commercial vehicle sector for improved performance and sustainability.

Region with largest share:

North America is projected to hold the largest market share during the forecast period as the need for lightweight components to improve fuel efficiency and reduce emissions. OEMs are increasingly adopting composite materials to enhance vehicle performance and design flexibility. This trend is further propelled by consumer preferences for electric vehicles and SUVs. Additionally, advancements in composite manufacturing technologies and sustainability initiatives support market growth.

Region with highest CAGR:

Asia Pacific is projected to witness the highest CAGR over the forecast period owing to increasing demand for lightweight materials that enhance vehicle fuel efficiency and performance. Major automotive manufacturers are adopting composite liftgates to reduce weight, improve design flexibility, and meet stricter emissions regulations. This shift is supported by advancements in composite materials and production technologies. Additionally, rising consumer preference for SUVs and electric vehicles is driving innovation, leading to sustainable manufacturing practices.

Key players in the market

Some of the key players in Automotive Composite Liftgate Market include Aisin Corporation, BMW AG, Brose Fahrzeugteile GmbH & Co. KG, Continental Structural Plastics (CSP), Covestro AG, Dura Automotive Systems, Faurecia SE, Ford Motor Company, Group PSA, Groupe Renault, Hexcel Corporation, Magna International Inc., Mitsui Chemicals, Inc., Nissan Motor Co. Ltd., Peugeot, Plastic Omnium, SGL Carbon SE, Teijin Limited, Toray Industries, Inc and Toyoda Gosei Co., Ltd.

Key Developments:

In September 2024, Mitsui Chemicals launched efforts to implement Chemical Recycling Technology for MR Ophthalmic Lens Materials.

In June 2024, Mitsui Chemicals, Inc. announced that it has begun a joint project with blueqat Inc. that combines the advanced technologies of natural language processing and quantum computing to speed up the search for new applications of Mitsui chemicals products.

In May 2024, Mitsui Chemicals Asahi Life Materials Co., Ltd. has developed a spunbond nonwoven using a biodegradable plastic suitable for composting in domestic settings. The move comes in response to increasing global demand for home composting.

Types Covered:
• Conventional Power Liftgate Glass 
• Hands-free Power Liftgate
 
Vehicle Types Covered:
• Passenger Cars
• Commercial Vehicles
• Electric Vehicles 

Manufacturing Processes Covered:
• Compression Molding
• Resin Transfer Molding
• Injection Molding 

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary         
           
2 Preface      
   
 2.1 Abstract         
 2.2 Stake Holders        
 2.3 Research Scope        
 2.4 Research Methodology       
  2.4.1 Data Mining       
  2.4.2 Data Analysis       
  2.4.3 Data Validation       
  2.4.4 Research Approach       
 2.5 Research Sources        
  2.5.1 Primary Research Sources      
  2.5.2 Secondary Research Sources      
  2.5.3 Assumptions       
           
3 Market Trend Analysis        
 3.1 Introduction        
 3.2 Drivers         
 3.3 Restraints        
 3.4 Opportunities        
 3.5 Threats         
 3.6 Emerging Markets        
 3.7 Impact of Covid-19        
           
4 Porters Five Force Analysis        
 4.1 Bargaining power of suppliers       
 4.2 Bargaining power of buyers       
 4.3 Threat of substitutes       
 4.4 Threat of new entrants       
 4.5 Competitive rivalry        
           
5 Global Automotive Composite Liftgate Market, By Type     
 5.1 Introduction        
 5.2 Conventional Power Liftgate Glass       
 5.3 Hands-free Power Liftgate       
           
6 Global Automotive Composite Liftgate Market, By Vehicle Type    
 6.1 Introduction        
 6.2 Passenger Cars        
 6.3 Commercial Vehicles       
 6.4 Electric Vehicles        
           
7 Global Automotive Composite Liftgate Market, By Manufacturing Process   
 7.1 Introduction        
 7.2 Compression Molding       
 7.3 Resin Transfer Molding       
 7.4 Injection Molding        
           
8 Global Automotive Composite Liftgate Market, By Geography     
 8.1 Introduction        
 8.2 North America        
  8.2.1 US        
  8.2.2 Canada        
  8.2.3 Mexico        
 8.3 Europe         
  8.3.1 Germany        
  8.3.2 UK        
  8.3.3 Italy        
  8.3.4 France        
  8.3.5 Spain        
  8.3.6 Rest of Europe       
 8.4 Asia Pacific        
  8.4.1 Japan        
  8.4.2 China        
  8.4.3 India        
  8.4.4 Australia        
  8.4.5 New Zealand       
  8.4.6 South Korea       
  8.4.7 Rest of Asia Pacific       
 8.5 South America        
  8.5.1 Argentina       
  8.5.2 Brazil        
  8.5.3 Chile        
  8.5.4 Rest of South America      
 8.6 Middle East & Africa       
  8.6.1 Saudi Arabia       
  8.6.2 UAE        
  8.6.3 Qatar        
  8.6.4 South Africa       
  8.6.5 Rest of Middle East & Africa      
           
9 Key Developments         
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures    
 9.2 Acquisitions & Mergers       
 9.3 New Product Launch       
 9.4 Expansions        
 9.5 Other Key Strategies       
           
10 Company Profiling         
 10.1 Aisin Corporation        
 10.2 BMW AG         
 10.3 Brose Fahrzeugteile GmbH & Co. KG      
 10.4 Continental Structural Plastics (CSP)      
 10.5 Covestro AG        
 10.6 Dura Automotive Systems       
 10.7 Faurecia SE        
 10.8 Ford Motor Company       
 10.9 Group PSA        
 10.10 Groupe Renault        
 10.11 Hexcel Corporation        
 10.12 Magna International Inc.       
 10.13 Mitsui Chemicals, Inc.       
 10.14 Nissan Motor Co. Ltd.       
 10.15 Peugeot         
 10.16 Plastic Omnium        
 10.17 SGL Carbon SE        
 10.18 Teijin Limited        
 10.19 Toray Industries, Inc       
 10.20 Toyoda Gosei Co., Ltd.       
           
List of Tables          
1 Global Automotive Composite Liftgate Market Outlook, By Region (2022-2030) ($MN)  
2 Global Automotive Composite Liftgate Market Outlook, By Type (2022-2030) ($MN)  
3 Global Automotive Composite Liftgate Market Outlook, By Conventional Power Liftgate Glass  (2022-2030) ($MN)
4 Global Automotive Composite Liftgate Market Outlook, By Hands-free Power Liftgate (2022-2030) ($MN)
5 Global Automotive Composite Liftgate Market Outlook, By Vehicle Type (2022-2030) ($MN)  
6 Global Automotive Composite Liftgate Market Outlook, By Passenger Cars (2022-2030) ($MN)  
7 Global Automotive Composite Liftgate Market Outlook, By Commercial Vehicles (2022-2030) ($MN) 
8 Global Automotive Composite Liftgate Market Outlook, By Electric Vehicles (2022-2030) ($MN) 
9 Global Automotive Composite Liftgate Market Outlook, By Manufacturing Process (2022-2030) ($MN) 
10 Global Automotive Composite Liftgate Market Outlook, By Compression Molding (2022-2030) ($MN) 
11 Global Automotive Composite Liftgate Market Outlook, By Resin Transfer Molding (2022-2030) ($MN) 
12 Global Automotive Composite Liftgate Market Outlook, By Injection Molding (2022-2030) ($MN) 
13 North America Automotive Composite Liftgate Market Outlook, By Country (2022-2030) ($MN) 
14 North America Automotive Composite Liftgate Market Outlook, By Type (2022-2030) ($MN)  
15 North America Automotive Composite Liftgate Market Outlook, By Conventional Power Liftgate Glass  (2022-2030) ($MN)
16 North America Automotive Composite Liftgate Market Outlook, By Hands-free Power Liftgate (2022-2030) ($MN)
17 North America Automotive Composite Liftgate Market Outlook, By Vehicle Type (2022-2030) ($MN) 
18 North America Automotive Composite Liftgate Market Outlook, By Passenger Cars (2022-2030) ($MN) 
19 North America Automotive Composite Liftgate Market Outlook, By Commercial Vehicles (2022-2030) ($MN)
20 North America Automotive Composite Liftgate Market Outlook, By Electric Vehicles (2022-2030) ($MN) 
21 North America Automotive Composite Liftgate Market Outlook, By Manufacturing Process (2022-2030) ($MN)
22 North America Automotive Composite Liftgate Market Outlook, By Compression Molding (2022-2030) ($MN)
23 North America Automotive Composite Liftgate Market Outlook, By Resin Transfer Molding (2022-2030) ($MN)
24 North America Automotive Composite Liftgate Market Outlook, By Injection Molding (2022-2030) ($MN)
25 Europe Automotive Composite Liftgate Market Outlook, By Country (2022-2030) ($MN)  
26 Europe Automotive Composite Liftgate Market Outlook, By Type (2022-2030) ($MN)  
27 Europe Automotive Composite Liftgate Market Outlook, By Conventional Power Liftgate Glass  (2022-2030) ($MN)
28 Europe Automotive Composite Liftgate Market Outlook, By Hands-free Power Liftgate (2022-2030) ($MN)
29 Europe Automotive Composite Liftgate Market Outlook, By Vehicle Type (2022-2030) ($MN)  
30 Europe Automotive Composite Liftgate Market Outlook, By Passenger Cars (2022-2030) ($MN) 
31 Europe Automotive Composite Liftgate Market Outlook, By Commercial Vehicles (2022-2030) ($MN) 
32 Europe Automotive Composite Liftgate Market Outlook, By Electric Vehicles (2022-2030) ($MN) 
33 Europe Automotive Composite Liftgate Market Outlook, By Manufacturing Process (2022-2030) ($MN) 
34 Europe Automotive Composite Liftgate Market Outlook, By Compression Molding (2022-2030) ($MN) 
35 Europe Automotive Composite Liftgate Market Outlook, By Resin Transfer Molding (2022-2030) ($MN) 
36 Europe Automotive Composite Liftgate Market Outlook, By Injection Molding (2022-2030) ($MN) 
37 Asia Pacific Automotive Composite Liftgate Market Outlook, By Country (2022-2030) ($MN)  
38 Asia Pacific Automotive Composite Liftgate Market Outlook, By Type (2022-2030) ($MN)  
39 Asia Pacific Automotive Composite Liftgate Market Outlook, By Conventional Power Liftgate Glass  (2022-2030) ($MN)
40 Asia Pacific Automotive Composite Liftgate Market Outlook, By Hands-free Power Liftgate (2022-2030) ($MN)
41 Asia Pacific Automotive Composite Liftgate Market Outlook, By Vehicle Type (2022-2030) ($MN) 
42 Asia Pacific Automotive Composite Liftgate Market Outlook, By Passenger Cars (2022-2030) ($MN) 
43 Asia Pacific Automotive Composite Liftgate Market Outlook, By Commercial Vehicles (2022-2030) ($MN)
44 Asia Pacific Automotive Composite Liftgate Market Outlook, By Electric Vehicles (2022-2030) ($MN) 
45 Asia Pacific Automotive Composite Liftgate Market Outlook, By Manufacturing Process (2022-2030) ($MN)
46 Asia Pacific Automotive Composite Liftgate Market Outlook, By Compression Molding (2022-2030) ($MN)
47 Asia Pacific Automotive Composite Liftgate Market Outlook, By Resin Transfer Molding (2022-2030) ($MN)
48 Asia Pacific Automotive Composite Liftgate Market Outlook, By Injection Molding (2022-2030) ($MN) 
49 South America Automotive Composite Liftgate Market Outlook, By Country (2022-2030) ($MN) 
50 South America Automotive Composite Liftgate Market Outlook, By Type (2022-2030) ($MN)  
51 South America Automotive Composite Liftgate Market Outlook, By Conventional Power Liftgate Glass  (2022-2030) ($MN)
52 South America Automotive Composite Liftgate Market Outlook, By Hands-free Power Liftgate (2022-2030) ($MN)
53 South America Automotive Composite Liftgate Market Outlook, By Vehicle Type (2022-2030) ($MN) 
54 South America Automotive Composite Liftgate Market Outlook, By Passenger Cars (2022-2030) ($MN) 
55 South America Automotive Composite Liftgate Market Outlook, By Commercial Vehicles (2022-2030) ($MN)
56 South America Automotive Composite Liftgate Market Outlook, By Electric Vehicles (2022-2030) ($MN) 
57 South America Automotive Composite Liftgate Market Outlook, By Manufacturing Process (2022-2030) ($MN)
58 South America Automotive Composite Liftgate Market Outlook, By Compression Molding (2022-2030) ($MN)
59 South America Automotive Composite Liftgate Market Outlook, By Resin Transfer Molding (2022-2030) ($MN)
60 South America Automotive Composite Liftgate Market Outlook, By Injection Molding (2022-2030) ($MN)
61 Middle East & Africa Automotive Composite Liftgate Market Outlook, By Country (2022-2030) ($MN) 
62 Middle East & Africa Automotive Composite Liftgate Market Outlook, By Type (2022-2030) ($MN) 
63 Middle East & Africa Automotive Composite Liftgate Market Outlook, By Conventional Power Liftgate Glass  (2022-2030) ($MN)
64 Middle East & Africa Automotive Composite Liftgate Market Outlook, By Hands-free Power Liftgate (2022-2030) ($MN)
65 Middle East & Africa Automotive Composite Liftgate Market Outlook, By Vehicle Type (2022-2030) ($MN)
66 Middle East & Africa Automotive Composite Liftgate Market Outlook, By Passenger Cars (2022-2030) ($MN)
67 Middle East & Africa Automotive Composite Liftgate Market Outlook, By Commercial Vehicles (2022-2030) ($MN)
68 Middle East & Africa Automotive Composite Liftgate Market Outlook, By Electric Vehicles (2022-2030) ($MN)
69 Middle East & Africa Automotive Composite Liftgate Market Outlook, By Manufacturing Process (2022-2030) ($MN)
70 Middle East & Africa Automotive Composite Liftgate Market Outlook, By Compression Molding (2022-2030) ($MN)
71 Middle East & Africa Automotive Composite Liftgate Market Outlook, By Resin Transfer Molding (2022-2030) ($MN)
72 Middle East & Africa Automotive Composite Liftgate Market Outlook, By Injection Molding (2022-2030) ($MN)

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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