Press release
World Automotive Plastics Market Size worth USD 58.3 Billion by 2025 | CAGR: 11.0% | Top Key Players - Magna International, Lear Corp, Adient PLC, BASF SE, Borealis AG, Covestro AG, Evonik Industries AG, Royal Dsm Nv, Teijin
Automotive Plastics Market
Global Automotive Plastics Market Overview:
The report spread across 80 pages is an overview of the Global Automotive Plastics Market 2018 - 2025. The Global Automotive Plastics Market is projected to grow at a healthy growth rate from 2018 to 2025 according to new research. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies.
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Global Automotive Plastics Market to reach USD 58.3 Billion by 2025. Global Automotive Plastics Market valued approximately USD 25.3 Billion in 2017 is anticipated to grow with a healthy growth rate of more than 11 % over the forecast period 2018-2025.
The shift in trend towards high performance plastics to substitute conventional metals & rubber is expected to drive demand. The quality of plastics is highly dependent upon their properties, functions and applications. A superior property such as light weight, versatility and flexibility has fostered technological innovations and design freedom using plastic materials. Streamlined mass production has enabled provision of technologically sound and cost-efficient products with high sustainability. Utilization of polymer matrix and carbon fiber composites are expected to enable car body-weight reductions of 25% to 75%. They contribute to lower vehicle weight, essential for emission reduction and fuel conservation while supporting the additional weight of advanced safety equipment.
In automotive Plastics Market Significant investments in R&D activities to develop new plastic components and highly fragmented market with the presence of a large number of market players make the intensity of competition in the market very high. Fluctuating prices of raw materials adversely impact the overall cost of production incurred by the manufacturers of automotive plastics. High capital costs incurred in the deployment of automotive plastics in existing metallic applications restrict the adoption of automotive plastics in new vehicle designs.
Purchase this report online with 80 Pages, List of Tables & Figures and in-depth Table of Contents on “Global Automotive Plastics Market 2018 - 2025” @ https://www.businessindustryreports.com/buy-now/109587/single .
The regional analysis of Global Automotive Plastics Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World Asia Pacific is estimated to be the largest market for automotive plastics in 2018, and the region is also expected to continue leading the market till 2025 owing to emerging industries in the region’s developing economies, such China, India, and Thailand. Rising per capita disposable income, preferences for a nuclear family, and growing trend towards the use of small cars fuel the demand for passenger cars in the region, which subsequently impact the automotive plastics market
Major Key Players:
1 Magna International Inc. LLC
2 Lear Corporation
3 Adient PLC
4 BASF SE
5 Borealis AG
6 Covestro AG
7 Evonik Industries AG
8 Royal Dsm Nv
9 Teijin Limited
10 Solvay Sa and More………..
Market segment by Regions/Countries, this report covers:
1 North America
2 Europe
3 Asia Pacific
4 Latin America
5 Rest of the World
Grab Your Report at an Impressive Discount @ https://www.businessindustryreports.com/check-discount/109587 .
This study answers to the below key questions:
1 What will the market size be in 2025 and what will the growth rate be?
2 What are the key market trends?
3 What are the challenges to market growth?
4 Who are the key players in this market?
5 What are the market opportunities and threats faced by the key players?
In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Automotive Plastics Market.
Major Points in Table of Contents:
Global Automotive Plastics Market Report 2018
1 Global Automotive Plastics Market Definition and Scope
2 Research Methodology
3 Executive Summary
4 Global Automotive Plastics Market Dynamics
5 Global Automotive Plastics Market, By Product Type
6 Global Automotive Plastics Market, By Application
7 Global Automotive Plastics Market, by Regional Analysis
8 Competitive Intelligence
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