Press release
Automotive Additives Market Size, Analysis, and Forecast Report 2017-2027
Automotive additives market continues to remain driven by the innate benefits of these products such as provision of protection to both the exterior and interior components of a vehicle. UV absorbers are witnessing a significant demand in the automotive additives market, as they reduce photo-degradation and offer exceptional on-tone fading. The demand for anti-dust additives is also increasing in the automotive additives market, due to the rising pollution and off-road driving, resulting in dust and dirt particles on a vehicle. Meanwhile, automotive additives market players are also focusing on providing anti-scratch additives to increase the lifetime of the vehicle and maintain high-quality appearance, especially in the case of internal automotive parts. Thermal and light stabilizers are also being provided by the companies operating in the automotive additives market.According to the latest report by Fact.MR, the automotive additives market is likely to experience above-average growth. The automotive additives market is estimated to reach US$ 8,251.8 million revenue by 2022 end. Manufacturers of automotive additives are focusing on developing highest performing solutions and with plastic emerging as the highest applied material in the interior, exterior and under the hood of the vehicle, automotive plastic additives
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Plasticizers to be the Most Popular Plastic Additives
Plasticizers plastic additives are likely to gain close to one-third revenue share of automotive additives market by 2017 end. Plasticizers are estimated to create more than US$ 500 million incremental opportunity during 2017-2022. Although anti-scratch is likely to experience growth in the automotive additives market.
Polypropylene (PP) to be Highly Preferred Plastic in Automotive Additives
Polypropylene (PP) is likely to be one of the highly used plastic in the automotive additives market. Polypropylene is estimated to surpass US$ 2,900 million revenue towards 2022 end.
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Automotive Additives to Find Largest Application in the Interior of the Vehicle
Interior of the vehicle is likely to be the largest segment for automotive additives applications. Interior application of automotive additives is estimated to bring in nearly US$ 2,700 million revenue by 2022 end. Although automotive additives are also being used on the exterior of a vehicle. Hence, exterior application of automotive additives are likely to experience steady growth.
Compact Passenger Cars to Gain Maximum Revenue Share
Compact passenger cars are likely to gain nearly one-third revenue share of the automotive additives market by 2017 end. By 2022 end, compact passenger cars are also estimated to surpass US$ 2,300 million revenue.
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Competition Tracking
The report also profiles companies that are operating in the automotive additives market, which include Saudi Basic Industries Corp, Akzo Nobel NV, Covestro AG, LANXESS AG, BASF SE, The Dow Chemical Company, Clariant AG, Solvay SA, Croda International PLC, Evonik Industries AG, ExxonMobil Corporation, and Kaneka Corporation.
Table of Content COvered in the report are:
1. Global Automotive Additives Market - Executive Summary
2. Global Automotive Additives Market Overview
2.1. Introduction
2.1.1. Global Automotive Additives Market Taxonomy
2.1.2. Global Automotive Additives Market Definition
2.2. Global Automotive Additives Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Automotive Additives Market Y-o-Y Growth
2.3. Global Automotive Additives Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
2.6. Product Mapping Behavior
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region
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3. Global Automotive Additives Market Analysis and Forecast By Plastic Additives
3.1. Global Automotive Additives Market Size and Forecast By Plastic Additives, 2012-2022
3.1.1. Plasticizers Automotive Additives Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Anti-Scratch Automotive Additives Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region
3.1.3. Stabilizers Automotive Additives Market Size and Forecast, 2012-2022
3.1.3.1. Revenue (US$ Mn) Comparison, By Region
3.1.3.2. Market Share Comparison, By Region
3.1.3.3. Y-o-Y growth Comparison, By Region
3.1.4. Antioxidants Automotive Additives Market Size and Forecast, 2012-2022
3.1.4.1. Revenue (US$ Mn) Comparison, By Region
3.1.4.2. Market Share Comparison, By Region
3.1.4.3. Y-o-Y growth Comparison, By Region
3.1.5. Others Automotive Additives Market Size and Forecast, 2012-2022
3.1.5.1. Revenue (US$ Mn) Comparison, By Region
3.1.5.2. Market Share Comparison, By Region
3.1.5.3. Y-o-Y growth Comparison, By Region
4. Global Automotive Additives Market Analysis and Forecast By Plastic
4.1. Global Automotive Additives Market Size and Forecast By Plastic, 2012-2022
4.1.1. Polypropylene (PP) Automotive Additives Market Size and Forecast, 2012-2022
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Polyurethane (PUR) Automotive Additives Market Size and Forecast, 2012-2022
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
4.1.3. Poly-Vinyl Chloride (PVC) Automotive Additives Market Size and Forecast, 2012-2022
4.1.3.1. Revenue (US$ Mn) Comparison, By Region
4.1.3.2. Market Share Comparison, By Region
4.1.3.3. Y-o-Y growth Comparison, By Region
4.1.4. Acrylonitrile Butadiene Styrene (ABS) Automotive Additives Market Size and Forecast, 2012-2022
4.1.4.1. Revenue (US$ Mn) Comparison, By Region
4.1.4.2. Market Share Comparison, By Region
4.1.4.3. Y-o-Y growth Comparison, By Region
And COntinue...
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Automotive Additives Market
Increasing number of automotive manufacturers are using plastics in the car. This trend of using plastic is also increasing as it helps in reducing the weight of the car. Hence, automotive addictive manufacturers are producing anti-scratch additives that can be used for interior and exterior applications. Manufacturers are also significantly investing in order to increase the speed and reduce production time involved in additive manufacturing.
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