Press release
Automotive Plastics Market Size to Hit USD 35.93 billion by 2028 | Current Trends and Industry Analysis
Automotive Plastics Market
Exactitude Consultancy research's "Automotive Plastics Market Forecast" study report focuses at sales and the overall global market for Automotive Plastics in 2022. The sales forecast for Automotive Plastics by region and market sector for the years 2023 through 2028 is then thoroughly analyzed. This study provides a comprehensive analysis of the global Automotive Plastics market, with sales of Automotive Plastics broken down by region, market sector, and sub-sector, in US$ million.
Based on market dynamics and development-promoting variables, the Automotive Plastics Market research assesses market valuation and growth rate. On the most recent business prospects, trends, and news in the sector. Along with a SWOT analysis of the major suppliers, the research also includes a thorough market study and vendor landscape.
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Market Overview:
The major goal of employing polymers in automobiles is to reduce vehicle weight, which results in improved fuel efficiency and lower carbon emissions. The rising cost of petrol and the stringent regulations imposed by governments throughout the world have prompted automakers to use plastics in the building of vehicles. Plastics are robust and durable, and they provide easier production, enhanced processing capabilities, and molding features that make them suitable for use in automobiles.
competitive analysis
The research identifies the key establishes that will drive growth since demand is determined by a buyer's financial resources and the rate at which an item develops. Key companies and new entrants can gain insight into the spending reports of major market participants in this area, which will help them better appreciate the possibilities for investment in the global Automotive Plastics market. It can be used more effectively by both established and up-and-coming players in the market to gain a thorough understanding of the sector.
Major companies in Automotive Plastics Market are:
BASF SE, SABIC, LyondellBasell Industries Holdings BV, LG Chem, DuPont, Covestro AG, Evonik Industries AG, and Solvay, Arkema, Borealis AG.
Recent Developments:
In 2021, BASF has launched VALERAS. It is a new brand for its plastic additives portfolio that enables customers to achieve their sustainability goals.
In 2021, Covestro AG has developed a product, recycled Polyethylene Terephthalate (RPET). The recycled PET has been designed for 3D pellet printing. This technology is also called as fused granulate fabrication (FGF).
In 2021, DuPont has acquired Laird Performance Materials (China) for USD 2.3 billion.
In 2021, Celanese Corporation has expanded its intent to initiate a three-year plan.
Automotive Plastics Market Segmentation:
Global Automotive Plastics Market by Product Type, 2019-2028, (In USD Million)
Polypropylene (PP)
Polyurethane (PU)
Polyvinylchloride (PVC)
Polyamide (PA)
Acrylonitrile Butadiene Styrene (ABS)
High Density Polyethylene (HDPE)
Polycarbonate (PC)
Polybutylene Terephthalate (PBT)
Others (PMMA, PET, PVDF, PTFE, PFA, PAEK, PPS, PI, And ASA)
Global Automotive Plastics Market by Application, 2019-2028, (In USD Million)
Interior
Exterior
Under Bonnet
Others (Chassis, And Electrical Components)
Global Market by Vehicle Type, 2019-2028, (In USD Million)
Conventional Cars
Electric Cars
Global Market by Region, 2019-2028, (In USD Million)
North America
Europe
Asia Pacific
South America
Middle East And Africa
Important countries in all regions are covered.
Our market analysts are professionals at carefully categorizing the global Automotive Plastics market into various categories and assessing each segment's growth potential in detail. The research study begins with a comparison of the segments' consumption and growth rates throughout a nine-year assessment period. The report's segmentation study, which considers the market potential of the various categories examined, provides an excellent understanding of the global Automotive Plastics market. Businesses can better understand their target market by segmenting it, which enables them to create marketing plans and products that are tailored to particular categories. Here are two typical methods for market segmentation: by kind and by application.
This report also splits the market by region:
The United States, Canada, and Mexico make up North America, while Germany, France, the United Kingdom, the Netherlands, Switzerland, Belgium, Russia, Italy, Spain, and Turkey make up Europe. Other countries covered in the report include China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and the rest of Asia-Pacific (APAC). Saudi Arabia, the United Arab Emirates, Israel, Egypt, South Africa, and the rest of the Middle East and Africa (MEA) are also included.
The overall part of the research also lists specific market-impacting variables and domestic market regulation changes that have an effect on the market's present and future tendencies. Some of the key data points used to estimate the market situation for specific nations are consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, and upstream and downstream value chain analysis. When giving prediction analysis of the country data, it also takes into account the presence and accessibility of international brands, the difficulties they encounter owing to strong or weak competition from local and domestic brands, the influence of domestic tariffs, and trade routes.
Strategic Points Covered in Table of Content of Global Automotive Plastics Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Automotive Plastics market
Chapter 2: Exclusive Summary - the basic information of the Automotive Plastics Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Automotive Plastics
Chapter 4: Presenting the Automotive Plastics Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Automotive Plastics market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Browse a Detailed Summary of the Research Report @ https://exactitudeconsultancy.com/reports/2103/automotive-plastics-market/#request-a-sample
Thank you for reading it all the way to this point.
Automotive trending reports:
https://www.digitaljournal.com/pr/news/xherald/automotive-filters-market-global-trend-gross-earning-emerging-growth-opportunity-by-2028
https://www.digitaljournal.com/pr/news/xherald/automotive-steering-systems-market-value-of-usd-40-billion-by-registering-a-cagr-of-4-5-from-2023-to-2028
https://www.digitaljournal.com/pr/news/xherald/electric-vehicle-charging-stations-market-in-depth-analysis-global-trends-opportunities-new-technologies-regional-analysis-growth-factors-and-forecast-2028
https://www.digitaljournal.com/pr/news/xherald/electric-scooters-market-to-observe-prominent-cagr-growth-of-5-9-by-2028-trends-demand-growth-challenges-and-competitive-outlook
https://www.digitaljournal.com/pr/news/xherald/electric-vehicle-battery-market-is-set-to-witness-a-huge-growth-with-a-usd-95-billion-at-a-cagr-of-21-during-the-forecast-period-2028
https://www.digitaljournal.com/pr/news/xherald/electric-commutators-market-is-going-to-hit-at-a-value-of-usd-5-9-billion-by-2031
Connect Us:
PHONE NUMBER +1 (704) 266-3234
EMAIL ADDRESS: sales@exactitudeconsultancy.com
About Us
Exactitude Consultancy is a Market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our professional team works hard to fetch the most authentic research reports backed with impeccable data figures which guarantee outstanding results every time for you. So, whether it is the latest report from the researchers or a custom requirement, our team is here to help you in the best possible way.
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