DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Turkey Automotive Plastic Compounding Market, 2014 - 2025" report to their offering.
Turkey automotive plastic compounding market is expected to reach USD 390.8 million by 2025. Growing environmental concerns & stringent pollution control norms have compelled automotive OEMs to control emissions by utilizing innovative lightweight materials.
The country's automotive production increased from 1.17 million units to 1.35 million units between 2014-15, thereby generating significant demand for compounds. Numerous companies and compounders across Europe have expanded their production capacities recently in order to meet burgeoning demand from automotive and other consumers.
Exclusive partnerships between OEMs and compounders is crucial for the industry to evolve in terms of supply chain efficiencies. Automakers are also attempting to accommodate increasing geriatric driver population by including safety features in reduced package space, and enhancing safety belt designs using plastics.
Polyamide (PA) compounds, particularly PA6 and PA66, which accounted for nearly 10% consumption, are extensively being used in automotive applications that include radiator tanks, engine covers, pedal boxes and various other components. To meet growing demand for PA, Epsan has increased its capacity in the country by nearly 45%.
- Petkim Petrokimya Holding A.S.
- Alfa Gamma Plastic Innovation
- Tisan Engineering Plastics
- Eurotec Mühendislik Plastikleri (Interplast)
- Emas Plastics
- Pimar Plastic
- Epsan Plastik
- Maskom Masterbatch & Compound Technologies
- Albis Plastic
- Tosaf Group
- A. Schulman
- PolyOne Corporation
- LyondellBasell Industries N.V.
Polytek Development Corp.
Key Topics Covered:
1 Methodology and Scope
2 Executive Summary
3 Variables, Trends & Scope
4 Product Estimates & Trend Analysis
5 Application Estimates & Trend Analysis
6 Competitive Landscape
7 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/cvv4wh/turkey_automotive