Press release
The Dow Chemical Company, BASF, Delphi Profiled in Automotive Plastics Market 2024: Lear Corporation, Johnson Controls, AkzoNobel and Evonik
Automotive Plastics Market
Global automotive plastics Market estimated to exceed USD 50 billion by 2024. Improvement in automobile design based on aesthetic design parameters, strict emission control norms and growing significance of weight reduction to reduce fuel consumption in vehicles are predicted to boost the demand for automotive plastics over the coming years. With innovations in vehicle component manufacturing technology, thermoplastic elastomers coupled with high-performance plastics are finding growing applications in automobile industry.
Request for a sample copy @ https://www.graphicalresearch.com/request/1081/sample
Automotive plastics industry size estimated at 11 million tons in 2017, is predicted to surpass 20 million tons by 2024, growing at a CAGR of around 9.5% over the period of 2018-2024. Automotive plastics provide significant reduction in the weight of the vehicle resulting in fuel efficiency and reduction in greenhouse emissions. Growing investments in bioplastics production for automobile applications is predicted to support the market growth.
However, non-biodegradable property of synthetic polymers along with growing ecological concerns related to carbon emissions from conventional polymers are anticipated to inhibit the market growth over the coming years.
Applications segment includes power train, interior & exterior furnishings, electrical components, and under the hood chassis applications.
Power trains application segment is forecast to grow at a CAGR of around 10% over 2018-2024
Interior & exterior furnishings application segment, which contributed about 33% of the overall demand in 2017, is predicted to grow at a rate of around 9.5% over the forecast timeframe. Bumper systems, fascia systems, body & light panels, and steering wheels are key parts utilizing automotive plastics.
Make an inquiry for purchasing this report @ https://www.graphicalresearch.com/request/1081/inquiry-before-buying
Product segment comprises polyurethane, polypropylene, PVC, polyamide, polyethylene, ABS, polycarbonate, and PMMA (Polymethyl methacrylate) products.
Polymethyl methacrylate automotive plastics market share is predicted to record a CAGR of around 13.5% over 2018-2024
Polyurethane automotive plastics market, which contributed over 19% of the overall volume in 2014, is predicted to grow at a rate of around 10% over the forecast timeframe. PU foam provides the automobile manufacturers & designers with the means to manufacture lightweight seats that can also be recycled, assembled, and disassembled. Reaction injection-molded PU components are extensively used in the transportation industry.
Key industry players include BASF, Delphi Automotive, The Dow Chemical Company, Johnson Controls, AkzoNobel N.V., Delphi Automotive, Lear Corporation, and Evonik Industries.
Browse key industry insights from this report @
https://www.graphicalresearch.com/industry-insights/1081/automotive-plastics-market
Segments We Cover:
Automotive Plastics Market, By Product
ABS
PP
PU
PVC
PE
PC
PMMA
PA
Others
Automotive Plastics Market, By Application
Power Train
Electrical Components
Interior and Exterior Furnishings
Under the hood
Chassis
Others
The above information is provided on a regional and country basis for the following:
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Russia
Poland
Spain
Asia Pacific
China
India
Japan
South Korea
Thailand
Indonesia
Central & South America
Brazil
MEA
South Africa
About Graphical Research:
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:
Parikhit B.
Corporate sales,
Graphical Research
Email: sales@graphicalresearh.com
Web: https://www.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 The Dow Chemical Company, BASF, Delphi Profiled in Automotive Plastics Market 2024: Lear Corporation, Johnson Controls, AkzoNobel and Evonik here
News-ID: 1680779 • Views: …
More Releases from Advanced Materials
North America Flexographic Printing Inks Market Growth Analysis by Leading Playe …
Graphical Research provides a detailed overview of North America Flexographic Printing Inks Market with respect to the pivotal drivers influencing the revenue graph of this business sphere.
The current trends of North America Flexographic Printing Inks Market in conjunction with the geographical landscape, demand spectrum, remuneration scale, and growth graph of this vertical have also been included in this report.
Request for a sample of this research report @ https://www.graphicalresearch.com/request/1095/sample
Increasing…
North America Concrete Floor Coatings Market Growth Analysis Report by Key Playe …
Graphical Research presents an extensive report on North America Concrete Floor Coatings Market that offers qualitative information about prevailing trends and a detailed analysis of the growth trajectory of this industry. It also includes a study of the historical data and detailed statistics that will help determine the future scope of the industry in terms of commercialization opportunities.
Rapid growth of the construction industry in North America is one of the…
What's driving the Europe Polypropylene Nonwoven Fabrics Market? |Growth Analysi …
Europe Polypropylene Nonwoven Fabrics Market based on Product, Application, Price Trend, Country Outlook, Competitive Market Share & Forecast, 2018 – 2024, Estimated to reach USD 11 billion by 2024, as per the latest report by Graphical Research.
Kimberley-Clark, Toray Industries, ExxonMobil, SABIC, Mitsui Chemicals and Fiberweb are some of the major manufacturers in the Europe PP nonwoven fabrics market. Several manufacturers are engaging in strategic mergers & acquisitions to achieve…
What's driving the Europe Additive Manufacturing with Metal Powders Market trend …
According to the Graphical Research new growth forecast report titled “Europe Additive Manufacturing with Metal Powders Market estimated to exceed USD 435 billion by 2024.
Mounting demand for functionally and light weight parts in aerospace industry and automotive sector to reduce environmental influence along with recyclable implantation for medical treatments should drive additive manufacturing with metal powders market growth in Europe. Growing application of additive manufacturing in fabrication of products in…
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…
