Press release
Automotive Plastics Market in APAC to hit $25bn by 2024 with Companies are BASF, Delphi, The Dow Chemical Company, Johnson Controls, Lear, and Evonik
Automotive Plastics Market
Get Sample Copy of This Report @ https://www.graphicalresearch.com/request/1081/sample
Asia Pacific Automotive Plastics Market Demand, By Application
• Power Train
• Electrical Components
• Interior and Exterior Furnishings
• Under the hood
• Chassis
• Others
Shifting trends towards more fuel-efficient vehicles and increase in usage of plastic & polymer composites in lightweight vehicles may boost automotive plastics market demand in the region. Growing environmental concerns due to GHG emission has stimulated automotive manufacturers to focus on fuel efficient and lightweight vehicles manufacturing. Lightweight vehicles may control emission systems, integrate electronic systems without increasing the overall weight of the vehicle which indicates tremendous growth potential for regional market growth.
India polycarbonates based automotive plastics market was valued at over USD 20 million in 2017. These products are commonly used in security screens, aircraft panels, bumpers, spectacle lens and headlamp lenses on account of their excellent weather and UV resistance which may stimulate market growth.
Indonesia automotive plastics market size from power train applications may show significant gains exceeding 12% in the forecast period. These products help to reduce the number of parts needed to assemble complex components and are increasingly used to manufacture seal rings, transmission oil pans, air intake manifolds, air ducts, & suction pipes.
Browse Report Summery @ https://www.graphicalresearch.com/industry-insights/1081/automotive-plastics-market
The requirement of non-renewable raw materials such as natural gas and petroleum along with energy-intensive production techniques & the lack of product standardization may hamper Asia Pacific automotive plastics market growth.
Adient, BASF, Bayer, Borealis and Celanese are some prominent manufacturers in the competitive market of Asia Pacific automotive plastics. Companies are focusing on acquisitions to expand their product portfolio & market share market share along with indulging in production capacity expansions in order to meet rising product demand.
About Us:
Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.
Contact Us:
Office 201, 2nd floor,
Magnolia Garden Building,
Baner Road,
Pune, MH - 411045 India
Phone:+9102065228555
Email: sales@graphicalresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Plastics Market in APAC to hit $25bn by 2024 with Companies are BASF, Delphi, The Dow Chemical Company, Johnson Controls, Lear, and Evonik here
News-ID: 1301976 • Views: …
More Releases from Global Market Insigh, Inc
Heparin Market Projections 2026 | Sanofi, Hepalink group, Pfizer, Leo Pharma, an …
Global heparin industry trends will be prominently driven by the inclining demand for anticoagulant products that are used to treat venous thromboembolism and coronary artery ailments. The Center for Disease Control and Prevention (CDC), revealed that over 18.2 million adults were diagnosed with coronary artery diseases in 2017 were aged above 20 years.
Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/4837
This factor is likely to stir the adoption…
Covid-19 Detection Kits Market Forecast 2026 | BGI, Abbott Laboratories, F. Hoff …
The global COVID-19 detection kits market is projected to foresee tremendous revenues over the coming years due to the rapidly increasing demand for highly accurate and efficient RT-PCR based COVID-19 detection kits. Additionally, the high risk of COVID-19 infection in geriatric population would drive the demand for COVID-19 detection kits further. According to a WHO situation report, the coronavirus infects individuals of all ages. However, up to date evidence suggests…
Compression Therapy Market Top Trends 2021 | Cardinal Health, 3M, BSN Medical, C …
Compression Therapy Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
With the growing significance of alternative treatment procedures and increasing awareness campaigns regarding their use, demand for compression therapy equipment and solutions has dramatically escalated, allowing the global…
Companion Animal Drugs Market 2021 By Regional Players Boehringer Ingelheim, Sym …
The companion animal drugs market is estimated to procure steady growth driven by expansive demand for drugs including parasiticides for protecting pet animals from ticks, fleas, mosquitos, and parasites. Introduction of new products for pets, development of advanced veterinary drugs backed by R&D, and surging rate of obesity in animals may fuel industry expansion.
Companion animal drugs and medications that are easily available from online platforms at discounted prices. Several governments…
More Releases for Automotive
Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, …
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030.
Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metal…
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%.
Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand
Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of…
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected…
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo …
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident.
In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global…
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del …
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business.
Get Sample Copy of this Report for more Information…
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, …
Accord Market, recently published a detailed market research study focused on the “Automotive Body Welded Assembly Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Body Welded Assembly Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of…
