Press release
Exterior Automotive Plastics Market Booming Worldwide( Forecast Period 2023-2031) With Top Play : Arkema, BASF SE, Dupont, Borealis AG, DSM, Evonik Industries
Exterior Automotive Plastics Market
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Market Segments
The exterior automotive plastics market bifurcated on the basis of type, application, and region. On the basis of type, it is segmented into polypropylene (PP), polyvinylchloride (PVC), polyamide (PA), and others. By application, it is analyzed across bumper & grill, roof, lights, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Market Players
The exterior automotive plastics market report includes players such as Arkema, BASF SE, Dupont, Borealis AG, DSM, Evonik Industries, ExxonMobil, Lanxess, LyondellBasell, and Covestro AG.
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Key Drivers
There are several key drivers of the exterior automotive plastics market. First, the rising demand for vehicles equipped with advanced safety features is driving the market for exterior automotive plastics.
Secondly, the increasing preference for lightweight vehicles is also boosting the demand for exterior automotive plastics.
Thirdly, the stringent government regulations regarding the use of plastics in vehicles is propelling the market for exterior automotive plastics.
Lastly, the growing trend of customization and personalization of vehicles is also fuelling the market for exterior automotive plastics.
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