Press release
Automotive Plastics Market Forecasted to Attain USD 58.63 Billion by 2032, Fueled by 7.4% Compound Annual Growth | PMR
๐๐ฅ๐จ๐๐๐ฅ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ฅ๐๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ฌ๐ข๐ณ๐ ๐๐ง๐ ๐ฌ๐ก๐๐ซ๐ ๐ข๐ฌ ๐๐ฎ๐ซ๐ซ๐๐ง๐ญ๐ฅ๐ฒ ๐ฏ๐๐ฅ๐ฎ๐๐ ๐๐ญ ๐๐๐ ๐๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐ ๐๐ง๐ ๐ข๐ฌ ๐๐ง๐ญ๐ข๐๐ข๐ฉ๐๐ญ๐๐ ๐ญ๐จ ๐ ๐๐ง๐๐ซ๐๐ญ๐ ๐๐ง ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐๐ ๐ซ๐๐ฏ๐๐ง๐ฎ๐ ๐จ๐ ๐๐๐ ๐๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐, ๐๐๐๐จ๐ซ๐๐ข๐ง๐ ๐ญ๐จ ๐ญ๐ก๐ ๐ฅ๐๐ญ๐๐ฌ๐ญ ๐ฌ๐ญ๐ฎ๐๐ฒ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก. ๐๐๐ฌ๐ข๐๐๐ฌ, ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ญ๐๐ฌ ๐ญ๐ก๐๐ญ ๐ญ๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ฑ๐ก๐ข๐๐ข๐ญ๐ฌ ๐ ๐ซ๐จ๐๐ฎ๐ฌ๐ญ ๐.๐% ๐๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐๐ง๐ง๐ฎ๐๐ฅ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐๐ญ๐ (๐๐๐๐) ๐จ๐ฏ๐๐ซ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ๐๐ ๐ญ๐ข๐ฆ๐๐๐ซ๐๐ฆ๐, ๐๐๐๐ - ๐๐๐๐The automotive plastics market involves the use of plastic materials in the manufacturing of vehicles. These materials are essential for various automotive components due to their lightweight, durability, and versatility. The market has been growing significantly, driven by the need for fuel efficiency, stringent emission regulations, and advancements in plastic technologies. The automotive plastics market is poised for robust growth, driven by the need for lightweight, cost-effective, and durable materials that enhance vehicle performance and fuel efficiency.
๐๐ฅ๐ข๐๐ค ๐ญ๐จ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ ๐๐ซ๐ข๐ฏ๐ ๐๐ฆ๐ฉ๐๐๐ญ๐๐ฎ๐ฅ ๐๐๐๐ข๐ฌ๐ข๐จ๐ง๐ฌ:
https://www.polarismarketresearch.com/industry-analysis/automotive-plastics-market/request-for-sample
๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
Plastics, a high-performance engineering material, are integral to heavy-duty applications in automotive part manufacturing. They have played a pivotal role in the ongoing revolution in the automotive industry. This revolution started in 1950 with the introduction of thermoplastics, starting with ABS and expanding to include polyamide, polyacetal, and polycarbonate, along with the opening of blends and alloys of different polymers. The continuous expansion of developed, high-performance polymers has especially improved their usage. Initially, plastics were chosen for their suitable automatic properties and attractive appearance, including the possibility of self-coloring.
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
Industry participants are using advanced methods, components, and procedures to fabricate quality plastics to be utilized in automotive applications. Here is the list of the leading companies operating in the automotive plastics market :
โข Akzo Nobel NV
โข Evonik Industries AG
โข BASF SE
โข Covestro AG
โข Koninklijke DSM NV
โข The Dow Chemical Company
โข Teijin Limited
โข LANXESS
โข Solvay
โข LyondellBasell Industries Holdings BV.
๐๐๐ญ ๐๐ก๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
https://www.polarismarketresearch.com/buy/336/2
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The global automotive plastics market is segmented into product types, applications, and regions. PVC can be extruded, compression molded, injection molded, or blow molded, and thus, it can be used to make a wide variety of automotive products that are expected to benefit the segment demand.
Furthermore, according to the application analysis, the market has been segmented into automotive interior, exterior, under-the-hood, and electrical components. Metals, alloys, and other materials are increasingly being substituted by plastics in automotive applications.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
โข The market's growth is propelled by the increasing sales of passenger cars and the industry's shift towards lightweight passenger vehicles, which are expected to drive industry sales.
โข Increasing awareness about environmental sustainability is forcing the adoption of eco-friendly textiles and manufacturing techniques in the automotive market. Automotive plastics are growing to have recycled content, bio-based materials, and recyclable choices, aligning with enterprise sustainability.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ: https://www.polarismarketresearch.com/industry-analysis/automotive-plastics-market
๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ
โข Interior Components:Plastics are extensively used in interior components such as dashboards, door panels, seat cushions, and trim. They offer aesthetic appeal, comfort, and functionality.
โข Exterior Components:Exterior parts like bumpers, fenders, and grilles are made from high-strength plastics. These materials provide impact resistance, weight savings, and design versatility.
โข Under-the-Hood Components:Engine components, fuel systems, and transmission parts utilize heat-resistant plastics that can withstand high temperatures and corrosive environments.
๐๐๐จ๐ ๐ซ๐๐ฉ๐ก๐ข๐๐๐ฅ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
โข North America (U.S., Canada)
โข Europe (Germany, UK, France, Italy, Spain, Belgium, Russia, Netherlands)
โข Asia-Pacific (China, Japan, India, Australia, Korea, Singapore, Malaysia, Indonesia, Thailand, Philippines)
โข Latin America (Brazil, Mexico, Argentina)
โข Middle East and Africa (UAE, Saudi Arabia, South Africa)
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
๐ ๐ข๐ซ๐ ๐๐๐ฌ๐ข๐ฌ๐ญ๐๐ง๐ญ ๐ ๐๐๐ซ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/fire-resistant-fabrics-market
๐ ๐ฅ๐๐ฑ๐ข๐๐ฅ๐ ๐๐๐๐ค๐๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/flexible-packaging-market
๐๐๐ซ๐๐จ๐ง ๐๐ข๐จ๐ฑ๐ข๐๐ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/carbon-dioxide-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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