Global Automotive Plastics Market report proposed the industry growth element coupled with the current scenario and projecting future trends based on historical and extensive research. The report offers in-depth study on the market sizing, share, trends and estimation over the forecast period 2018-2025. In addition to this, the report methodically examines 360 degree that boosts the market idea and to analyze the detailed profile of the key players in the market with their market share. Therefore, this report supports to move forward in the industry and prepare the strategic decision.
The automotive plastics market report is analyzed owing to material types used and major applications involved in the growth of the global market. The market is evaluated in terms of value (USD Million). The global automotive plastics market is anticipated to witness rapid growth for the next six years. Asia Pacific dominates the market for interior application of automotive plastics in passenger cars followed by Europe and North America respectively. This growth is attributed to the demand for passenger cars and utilization of polypropylene in automotive plastics.
Major drivers responsible for the automotive plastics market growth are ability of plastic to reduce vehicular emission by reducing parts weight, increase of iron and steel prices, recyclability, durability and strength of modern plastic variants. However, the global industry is also constrained by factors like high process reengineering cost, high investment requirement in material research, volatile raw material cost and increasing demand of new biodegradable plastic variants.
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The leading players in the automotive plastic market include AkzoNobel NV, BASF SE, Bayer Material Science AG, Borealis AG,Evonik Industries, Grupo Antolin-Irausa S.A., Momentive Performance Materials Inc., Royal DSM N.V., Johnson Controls, Lear Corporation, Magna International Incorporated, SABIC, Teijin limited. North America, Europe, Asia Pacific, Latin America and Middle East and Africa segment the global automotive plastics market by geography in this report.
Furthermore, the value chain analysis in the report provides the insights into key participants that add value to the market and contribute to the growth in global automotive plastics market. The porter’s five forces analysis brings insights into the industrial structure of the global automotive plastics market with undue focus on supplier power, buyer power, competitive rivalry, substitutes and new entrants. The global automotive plastics market report is segmented by material type as polypropylene (PP), polyurethane (PU), polyamide (PA), polyvinyl chloride (PVC), acrylonitrile butadiene styrene (ABS), polycarbonate (PC), polyethylene (PE), polymethyl methacrylate (PMMA), composites. Applications segment the global automotive plastics market report by power trains, under the bonnets/ hood, electrical components, chassis and interior and exterior furnishings.
Global automotive plastics market report is a secondary research analysis from sources like journals, technical handbooks, industry publications, magazine articles, company annual reports, trade websites and company database. Industrial experts and suppliers were interviewed to obtain primary information on automotive plastics market. Primary research analysis includes facts and figures, market estimations, and future prospects. The global automotive plastics market report includes competitive landscape of this industry. the report analyzes the business and growth strategies opted by the market players. This resulted in identifying the drivers, restraints, and opportunities of the automotive plastics market. The degree of rivalry in the automotive plastics market is moderate to high.
Major Table Of Contents:
1. Introduction
2. Executive Summary
3. Market Analysis Of Automotive Plastics
4. Automotive Plastics Market Analysis By Material Types
5. Automotive Plastics Market Analysis By Applications
6. Automotive Plastics Market Analysis By Region
7. Competitive Landscape Of Automotive Plastics Companies
8. Company Profiles Of Automotive Plastics Industry
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