DUBLIN, Dec. 15, 2020 /PRNewsCentre/ — The "Automotive Plastics Market Size, Share & Trends Analysis Report by Product (PP, PVC), by Application (Powertrain, Interior Furnishings), by Process (Thermoforming, Injection Molding), by Region, and Segment Forecasts, 2020-2027" report has been added to ResearchAndMarkets.com’s offering.
The global automotive plastics market size is anticipated to reach USD 36.5 billion by 2027, registering a CAGR of 3.8%
Rising preference for high-performance plastics to substitute conventional metals and rubber is expected to impel market growth. The polyurethane (PU) product segment is anticipated to witness significant growth over the forecast period owing to the ability of PU to infuse the characteristics of both plastic and rubber at a lower weight compared to metal and other plastic materials.
Increasing product demand from the automotive industry for use in refrigeration insulation, interior trims, and seat cushioning is expected to boost market growth over the forecast period. On the basis of application, the market is segmented into power trains, electrical components, interior furnishings, exterior furnishings, under-the-hood components, and chassis. The power train segment is expected to witness the fastest CAGR over the forecast period. The rising application scope of plastics in powertrain engineering is expected to support the segment growth in the coming years.
It helps the manufacturers to reduce the overall vehicular weight & integrate complex parts, which ultimately boosts performance and delivers higher productivity & cost savings. While manufacturers are still exploring new applications, according to a research conducted by E. I. du Pont de Nemours and Company, currently, plastics penetration stands at 110 to 120 kilograms per car depending on the engine size.
Demand for automotive plastics in Asia Pacific is expected to witness the fastest CAGR during the forecast period. The growing automotive industry, rising population, and increasing disposable income levels are the primary factors driving the regional market. Moreover, strong government support and initiatives along with increasing investments are propelling the growth of the automotive industry in the region, which, in turn, is anticipated to fuel the product demand.
Automotive Plastics Market Report Highlights
Key Topics Covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Automotive Plastics Market Variables, Trends, & Scope
3.1 Market Lineage Outlook
3.1.1 Global Plastics Market Outlook
3.1.2 Global Automotive Plastics Market Outlook
3.2 Penetration & Growth Prospect Mapping
3.3 Industry Value Chain Analysis
3.3.1 Raw Material Trends
3.3.2 Manufacturing Trends
3.3.3 Sales Channel Analysis
3.4 Regulatory Framework
3.5 Market Dynamics
3.5.1 Market Driver Analysis
3.5.2 Market Restraint Analysis
3.6 Business Environment Analysis: Automotive Plastics Market
3.6.1 Porter’s Five Forces Analysis
3.6.2 Pestel Analysis
Chapter 4 Automotive Plastics Market: Product Estimates & Trend Analysis
4.1 Automotive Plastics Market: Product Movement Analysis, 2019 & 2027
4.2 Acrylonitrile Butadiene Styrene (ABS)
4.2.1 Acrylonitrile Butadiene Styrene Automotive Plastics Market Estimates and Forecasts, 2016-2027 (Kilotons) (USD Million)
4.3 Polypropylene (PP)
4.4 Polyurethane (PU)
4.5 Polyvinyl Chloride (PVC)
4.6 Polyethylene (PE)
4.7 Polycarbonate (PC)
4.8 Polymethyl Methacrylate (PMMA)
4.9 Polyamide (PA)
4.10 Others
Chapter 5 Automotive Plastics Market: Application Estimates & Trend Analysis
5.1 Automotive Plastics Market: Application Movement Analysis, 2019 & 2027
5.2 Powertrain
5.2.1 Automotive Plastics Market Estimates and Forecasts, In Powertrain, 2016-2027 (Kilotons) (USD Million)
5.2.2 Automotive Plastics Market Estimates & Forecast, In Powertrain, By Product, 2016-2027
5.3 Electrical Components
5.4 Interior Furnishings
5.5 Exterior Furnishings
5.6 Under-The-Hood Components
5.7 Chassis
Chapter 6 Automotive Plastics Market: Process Estimates & Trend Analysis
6.1 Automotive Plastics Market: Process Movement Analysis, 2019 & 2027
6.2 Injection Molding
6.2.1 Automotive Plastics Market Estimates and Forecasts, By Injection Molding, 2016-2027 (Kilotons) (USD Million)
6.3 Blow Molding
6.4 Thermoforming
6.5 Others
Chapter 7 Automotive Plastics Market: Regional Estimates & Trend Analysis
Chapter 8 Competitive Landscape
8.1 Key Global Players Along With The Recent Developments & Their Impact On The Industry
8.2 Key Company/Competition Categorization
8.3 Plastic Companies’ Response To The COVID-19 Outbreak
8.4 Vendor Landscape
8.4.1 List Of Key Distributors & Channel Partners
8.4.2 Key End-Users (Including IMD/IML Service Providers)
8.4.3 List Of Automotive OEM
8.5 Public Companies
8.5.1 Company Market Position Analysis
8.5.2 Competitive Dashboard Analysis
8.6 Market Differentiators
8.7 Synergy Analysis: Major Deals & Strategic Alliances
8.7.1 Covestro Ag Strategy Analysis
8.7.2 Borealis Ag Strategy Analysis
Chapter 9 Company Profiles
9.1 Company Overview
9.2 Financial Performance
9.3 Product Benchmarking
9.4 Strategic Initiatives
For more information about this report visit https://www.researchandmarkets.com/r/3v3hy3
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