Press release
Polypropylene to be Highly Preferred Plastic in Automotive Additives Market Through 2022
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.For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=308
According to the report compiled by Fact.MR, the global automotive additives market is expected to witness steady growth. The market is projected to increase to 5.5% CAGR during the forecast period 2017-2022. Owing to the requirement of right stabilization for the exterior of a vehicle such as rocker panels, tailgates, bumpers, due to long-term exposure to sunlight and heat, there has been an increase in the use of plastic additives.
Manufacturers are also focusing on offering new automotive additives that can offer long-term scratch resistance. Below insights show how the global automotive additives market will perform in the next five years.
Forecast Highlights on Global Automotive Additives Market
• North America is expected to dominate the global automotive additives market. Towards the end of 2022, North America automotive additives market is projected to exceed US$ 2,000 million revenue. Presence of the major market players and the increasing vehicle production are some of the factors fueling the growth of North America automotive additives market.
For detailed insights on enhancing your product footprint, request for a sample here - https://www.factmr.com/connectus/sample?flag=RM&rep_id=308
• Europe is expected to be the second most lucrative market in the global automotive additives market. Europe automotive additives market is expected to witness steady growth during the forecast period.
• Plasticizers are expected to be the most lucrative plastic additives. Plasticizers are projected to exceed US$ 2,400 million revenue by the end of 2022. Meanwhile, anti-scratch plastic additives are also expected to witness steady growth during the forecast period.
• Polypropylene (PP) is expected to be one of the most preferred plastics in the automotive additives market. Accounting nearly two-fifth of the revenue share by the end of 2017, polypropylene is projected to create an incremental opportunity of over US$ 700 million between 2017 and 2022.
For in-depth competitive analysis, buy now – https://www.factmr.com/checkout/308
Market Taxonomy
Plastic Additives
• Plasticizers
• Anti-Scratch
• Stabilizers
• Antioxidants
• Others
Plastic
• Polypropylene (PP)
• Polyurethane (PUR)
• Poly-Vinyl Chloride (PVC)
• Acrylonitrile Butadiene Styrene (ABS)
Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2020/03/13/2000340/0/en/Golf-Cart-Sales-Remain-Concentrated-in-APEJ-Electrically-Powered-Carts-Gaining-Prominence-Finds-a-New-Fact-MR-Study.html
The report has also profiled leading players in the global market for automotive additives, which will remain active through 2022. These include companies such as Akzo Nobel NV, Saudi Basic Industries Corp., Covestro AG, BASF SE, LANXESS AG, Clariant AG, The Dow Chemical Company, Evonik Industries AG, Solvay SA, Kaneka Corporation, ExxonMobil Corporation, and Croda International PLC.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E: sales@factmr.com
Website: https://www.factmr.com
Content Source: https://www.factmr.com/media-release/297/automotive-additives-market
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
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 Polypropylene to be Highly Preferred Plastic in Automotive Additives Market Through 2022 here
News-ID: 2330793 • Views: …
More Releases from Fact.MR
Deburring Machine Market Outlook 2026-2036: Strategic Trends, Innovation Drivers …
The global deburring machine market is poised for steady expansion over the next decade, driven by rising expectations for precision manufacturing, tighter dimensional tolerances, and higher product-quality standards across automotive, aerospace, industrial machinery, electronics, and metal fabrication sectors. Deburring machines-used to remove sharp edges, burrs, and surface imperfections from metal and plastic components-are essential for ensuring safety, functionality, and compliance with OEM standards. As automation, robotics, and digitally controlled manufacturing…
Copper Wire Market Report 2026-2036: High-Value Insights for Strategy, Product D …
The global copper wire market is set for robust growth through 2035 as electrification, renewable energy projects, infrastructure upgrades, telecommunications expansion, and electrified transport all drive heavy demand. Copper wire remains the preferred conductor for electrical transmission, building wiring, industrial cabling, and vehicle harnesses because of its excellent electrical conductivity, thermal performance, durability, and recyclability. As countries invest in grid modernization, EV charging networks, data centers, and building modernization, copper…
Companion Animal Infectious Disease Diagnostics Market: Technology Evolution, Re …
The companion animal infectious disease diagnostics market - covering diagnostic tests for dogs, cats, and other pets to detect viral, bacterial, parasitic and other infections - is poised for robust growth over the next decade. As pet ownership rises globally and pet humanization grows, demand for accurate, rapid, and reliable diagnostic tools in veterinary clinics and reference laboratories is accelerating. Increasing awareness about pet health, preventive care, routine screening, and…
USA Automated Guided Cart Market Deep-Dive 2026-2036: Strategic Forecasts, Marke …
The U.S. market for automated guided carts (AGCs) - compact, driverless material-handling vehicles optimized for low- to mid-range payloads - is poised for rapid expansion as manufacturers, automotive plants, logistics centres, and e-commerce fulfilment operations pursue higher throughput, lower labour dependency, and safer shop-floor environments. AGCs deliver flexible, low-cost automation for repetitive intra-site transport tasks and are increasingly used alongside conveyors, automated guided vehicles (AGVs), and AMRs to form hybrid…
More Releases for Plastic
Plastic bottles at events - Better party with plastic
Partying, dancing, camping - festivals attract hundreds of thousands of visitors every year in Germany alone. One challenge: supply and safety. For this reason, drinks in glass bottles are banned at most events due to the risk of injury. Lightweight and unbreakable plastic bottles, on the other hand, are considered a safe and practical alternative. Not only that: they can even be used to make a musical instrument.
Festivals or pageants…
Plastic Pallet With Plastic Crate Use: Efficient Material Handling
When it comes to efficient moving and storage of goods, a combination of plastic pallets [https://www.agriculture-solution.com/plastic-pallet/]and plastic crates is a popular choice. They are widely used in various industries such as manufacturing, retail, agriculture, etc. for storage and transportation of goods. Plastic pallets are designed to provide a stable base for stacking and shipping goods, while plastic crates provide safe and protective containers for stored or transported items. Plastic pallets…
Plastic Granules Market to Witness Massive Growth by Balaji Plastic, Navkar Indu …
The Worldwide Plastic Granules Market has witnessed continuous growth in the past few years and is projected to grow at a good pace during the forecast period of 2023-2029. The exploration provides a 360° view and insights, highlighting major outcomes of Worldwide Plastic Granules industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improve profitability. Additionally, the study helps venture or emerging…
Insights on the Growth of Plastic Granules Market 2018 to 2025 | Profiling Key C …
UpMarketResearch offers a Latest report on “Plastic Granules Market Analysis & Forecast 2018-2025” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 114 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
Request Sample Copy of This Report@ https://www.upmarketresearch.com/home/requested_sample/49052
Plastic Granules research report delivers a close watch on leading competitors with strategic…
Agriculture Film Market SWOT Analysis of Leading Key Players Shandong Tianhe Pla …
HTF MI recently introduced Global Agriculture Film Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are British Polythene Industries (BPI), Trioplast, Berry Plastics, Armando Alvarez, Polypak, Barbier…
Building Materials Market 218 : Hepworth, National Plastic Industry, Hira Indust …
Building materials in this report covered the PVC pipes and fittings, PPR pipes and fittings, PE pipes and fittings, fabrication, ducts systems for infrastructure, valves and pumps and electrical conduits PVC systems.
At present, Hepworth, National Plastic Industry, Hira Industries, Florance Plastic Industries, Polyfab Plastic Industry, MPI, Union Pipes Industry, ANABEEB, Borouge and ACO Group are the UAE leading suppliers of the building materials, and top ten of them shared about…
