Automotive Plastic Market 2021-2026
New Study Reports ” Automotive Plastic Market 2021 Global Opportunities, Challenges, Strategies and Forecasts 2026″ has been Added on PersistenceMarketResearch.
Report Details:
This report provides in depth study of “Automotive Plastic Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Automotive Plastic Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
Drivers and Constraints
The fundamental dynamics that are explored in the report hold substantial influence over the Automotive Plastic market. The report further studies on the value, volume trends, and the pricing history of the market. In addition to it, various growth factors, restraints, and opportunities are also analyzed for the market to study the in-depth understanding of the market.
The function of engine oil in automobiles is to reduce metal-to-metal contact in order to minimize overall friction and reduce damage. In automobile, friction is one of the major sources of engine heat, which produce more wear and deform moving engine parts.
Automotive Plastic holds the key to a host of safety and performance advancement in modern cars, minivan, SUVs and even HMVs. Automotive plastics are generally durable, strong, recyclable, scratch resistance, resistance to abrasion, improve vibration and noise control and allows design, molding and integration of components in automobiles.
In modern cars plastic constitute almost 50% of the total volume of the car but contribute only 10% of the total weight of cars which makes cars lighter and increase the overall fuel efficiency. Modern automotive plastic however have much broader application including passenger safety, passenger convenience and overall manufacturing cost reduction.
Automotive plastic are used in bumpers seats, dashboard, fuel systems, body panels, under-bonnet components, interior trim, electrical components, exterior trim, lighting, upholstery and liquid reservoirs. Further, the developments in the field of tough and durable automotive plastic are expected to increase use of plastic in modern cars. As for interiors, plastics have proven to be a great material for making comfortable, durable and aesthetically gratifying interior components.
Key Players:
The report has profiled some of the Important players prevalent in the global like – Akzo Nobel N.V., BASF SE, Bayer MaterialScience AG, Borealis AG, Evonik Industries AG, Grupo Antolin-Irausa S.A., Hanwha Azdel Inc., Johnson Controls Inc., Lear Corporation, Magna International Inc-, Momentive Performance Materials Inc., Owens Corning, the Quadrant group of companies, Koninklijke DSM N.V., Saudi Basic Industries Corporation (SABIC), TEIJIN LIMITED, The Dow Chemical Company and Zoltek Companies Inc and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Automotive Plastic.
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Based on the technology, automobile plastic are broadly categorized as polypropylene polyurethanes (PU), poly-vinyl-chloride (PVC), polyamide (PA), polystyrene (PS), polyethylene (PE), acrylonitrile butadiene styrene (ABS), composites, high density polyethylene (HDPE), polycarbonates (PC), polymethyl methacrylate (PMMA), polyethylene terephthalate (PET), acrylonitrile styrene acrylate (ASA) and polybutylene terephthalate (PBT). Among these, polypropylene (PP) holds majority of market share attributed to its wide acceptance in automotives industries. It is followed by polyurethanes (PU) and acrylonitrile butadiene styrene (ABS).
Asia Pacific is the largest market for automotive plastic followed by Europe and North America. Higher concentrations of passenger vehicle manufacturing industries and growing demand of passenger cars, three-wheeler and two wheelers in China and some of the other countries of Asia Pacific such as India and Japan are contributing to the industry growth. Germany and Italy are the leading manufacturers of passenger vehicle in Europe whereas the U.S. accounts for single largest market in North America.
The key drivers of automotive plastics markets are potential of automotive plastic in mass reduction of fuel consumption by reducing the overall weight of the vehicle, increasing prices of iron and steels and improved strength and durability of modern automotive plastic.
The major factors restraining the growth of market are high material cost and increasing investment in plastics-alternative material research (such as carbon fibers) especially by automobile companies. The opportunities for automotive plastic is cited in the development of new materials such as polymethyl methacrylate (PMMA), Lighted PP, blended thermoplastic materials, biodegradable plastics and reinforced composites such as “GB 266 WG”, a hard, light material with perfect heat resistance and mechanical properties, suitable for automotive parts used in high stress areas
View Report Table of Contents, Figures, and Tables
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Automotive Plastic Market Manufacturers
Automotive Plastic Market Distributors/Traders/Wholesalers
Automotive Plastic Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Major Highlights of the Automotive Plastic Market Report:
- The Automotive Plastic Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
- The report dives deeper into the market and explains the dynamic factors bolstering market growth.
- The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
- The report analyzes the Automotive Plastic Market presence across major regions of the world.
- It determines the production & consumption capacities and demand & supply dynamics of each regional market.
- The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
- It provides company overview and SWOT analysis of each of the market players.
Key Questions Answered in This Report.
- What will the Market growth rate in Future?
- What are the key factors driving the global Market?
- Who are the key manufacturers in Market space?
- What are the opportunities and threats faced by the vendors in the global industry?
- What are sales, revenue, and price analysis by regions of industry?
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