The Automotive Plastics Market is Valued at $32.25bn in 2019

Wednesday 17 July 2019, Amsterdam

This new automotive report the Automotive Plastics Market Report 2019-2029: Forecasts by Material Type (Polypropylene, Polyurethanes, Acrylonitrile Butadiene Styrene, High-Density Polyethylene, Polyvinyl Chloride, Polycarbonates, Polymethyl Methacrylate, Polyamide, Polyethylene Terephthalate) and by Application (Interior, Exterior, Under Bonnet) PLUS Profiles of Leading Companies and Regional Market Analysis.

The lead analyst of the report said: "Undoubtedly automotive plastics are one of the most important automotive components of the vehicle. Vehicles are made up of over 50% plastic. However, it contributes only 10% of the total vehicle weight. Knowing the fact, all the automotive giants are primarily focusing and emphasising on designing and implementing innovative, lightweight and high-performance plastic auto components. This report will identify the automotive plastics market drivers, restraining factors, opportunities, and key trends. Moreover, the report will analyse the historic, current and future revenue estimates. Owing to a host of factors such as increasing consumer demand for safety, security, comfort and efficiency; stringent government regulations, rising demand for high end and mid-end vehicles owing to increasing disposable income in developing countries, the expansion of global auto-manufacturers into new emerging markets, and increasing sensor content in automobiles."

The 129-page report contains 103 tables, charts and graphs that add visual analysis within the automotive plastics market. The report will be useful for businesses who wish to comprehend the part of the market better they are already involved in, or those wishing to enter or expand into different regions of the automotive plastics industry. The leading automotive plastic components manufacturers in the global market place have been identified as Lear Corp., BASF, Quadrant AG, AkzoNobel and Bayer Material Science, among others.