The Automotive Plastics Market size is expected to grow at an annual average of 6% during 2021-2027. Automotive Plastic holds the key to improving safety and performance in a range of modern cars, minivans, SUVs and HMVs. Automotive plastics generally improve durability, stiffness, recyclable, scratch resistance, abrasion resistance, vibration and noise control, and enable the design, molding and integration of automotive parts. In modern cars, plastics account for nearly 50% of the car’s total volume, but only 10% of the car’s total weight, making the car lighter and improving overall fuel efficiency.
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Company Profile
- BASF SE
- SABIC
- Dow Inc.
- AkzoNobel N.V.
- Covestro AG
- Evonik Industries AG
- Borealis AG
- Royal DSM N.V.
- Magna International, Inc.
- Teijin Limited
Market – Segmentation
By Application
- Interior
- Exterior
- Under Bonnet
- Others (Chassis, and Electrical Components)
By Product Type
- Polypropylene (PP)
- Polyurethane (PU)
- Polyvinylchloride (PVC)
- Polyamide (PA)
- Acrylonitrile Butadiene Styrene (ABS)
- High Density Polyethylene (HDPE)
- Polycarbonate (PC)
- Polybutylene Terephthalate (PBT)
- Others (PMMA, PET, PVDF, PTFE, PFA, PAEK, PPS, PI, and ASA)
Scope of the Report
The research study analyzes the Global Automotive Plastics Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Automotive Plastics Market Report
1. What was the Automotive Plastics Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Automotive Plastics Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Automotive Plastics Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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