Automotive plastics possess many desirable characteristics including durability, strength, recyclability, and scratch and abrasion resistance that allow design, modeling, and incorporation of components made of these materials in automobiles. In modern vehicles, plastics constitute almost half of the total volume of the vehicle yet contribute to hardly 10% of the total weight making them lighter and improving fuel efficiency.
Asia Pacific will maintain the largest market share over the forecast period owing to the growing automobile sector in Japan, India, South Korea, Thailand, and China. Growth will also be aided by the fact that this region is the largest producer and consumer of polypropylene, which is the primary product used in automobiles. Significant companies namely Ford and Volkswagen have established manufacturing plants in India, which has caused technology transfer and facilitated the development of the automotive component manufacturing industry. The Middle East and Africa is anticipated to show the fastest growth on account of increasing automobile sales in the region, especially Saudi Arabia.
The global Automotive Plastics for Passenger Vehicles market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Automotive Plastics for Passenger Vehicles volume and value at global level, regional level and company level. From a global perspective, this report represents overall Automotive Plastics for Passenger Vehicles market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Automotive Plastics for Passenger Vehicles in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Automotive Plastics for Passenger Vehicles manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Momentive Specialty Chemicals
Bayer Material Science
the Dow Chemical Co.
Segment by Regions
Segment by Type
Acrylonitrile Butadiene Styrene (ABS)
Polyvinyl Chloride (PVC)
Segment by Application