Automotive Plastics Market: A Compelling Long-Term Growth Story
Advance Market Analytics published a new research publication on "Automotive Plastics Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Automotive Plastics market was mainly driven by the increasing R&D spending across the world.
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Some of the key players profiled in the study are: BASF (Germany), Plastikon Industries, Inc (United States), CNR Group, LLC (United States), Dow Inc. (United States), Saudi Basic Industries Corporation SJSC (SABIC) (Saudi Arabia), Mitsubishi Chemical Holdings (Japan), Lear Corporation (United States), Borealis AG (Mubadala Investment Company) (Austria), RAG-Stiftung (Germany), Milacron Holdings (United States).
Scope of the Report of Automotive Plastics Automotive plastics are used in the manufacturing of several components used in an automotive. The plastics contents of commercial vehicles comprise about 50% of all interior components, including safety subsystems, door, and seat assemblies. Three types of automotive plastics are polypropylene (32%), polyurethane (17%) and PVC (16%). These three types make up to 66% of the total plastics used in vehicles. The use of plastic components allows overall weight reduction of the vehicles, and hence make them energy efficient. It is estimated that every 10% reduction in vehicle weight results in 5% to 7% fuel saving. Moreover, automotive plastics provide corrosion resistance, toughness, design flexibility, resiliency and high performance at low cost. This growth is primarily driven by Growing Need for Energy Efficient Vehicles, Increasing Need for Design Freedom, And High Performance at Low Cost and Rising Need for Corrosion Resistant Materials That Provide Longer Vehicle Life.
The titled segments and sub-section of the market are illuminated below: by Type (Polypropylene (PP), Polyurethane (PUR), Poly-Vinyl-Chloride (PVC), ABS, Polystyrene (PS), Others), Application (Interior {Seating, Doors, Others}, Exterior {Body, Bumper, Others}, Electrical Components, Under-Bonnet Components)
Opportunities: Growing Demand for Light Weight Vehicles to Increase Fuel Efficiency
Increasing Need for Recyclable Materials for Automotive Manufacturing
Expanding Manufacturing Base of Vehicle Production Likely To Raise Demand
Market Drivers: Growing Need for Energy Efficient Vehicles
Increasing Need for Design Freedom, And High Performance at Low Cost
Rising Need for Corrosion Resistant Materials That Provide Longer Vehicle Life
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Automotive Plastics Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Automotive Plastics market
Chapter 2: Exclusive Summary – the basic information of the Automotive Plastics Market.
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Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Automotive Plastics
Chapter 4: Presenting the Automotive Plastics Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Automotive Plastics market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2023-2028)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source finally, Automotive Plastics Market is a valuable source of guidance for individuals and companies.
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