DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Automotive Additives Market by Plastic Additives (Plasticizers, Anti-Scratch, Stabilizers, Antioxidants), Application (Exterior, Interior, Under the Hood), Plastic (PP, PUR, PVC, and ABS), Vehicle Type, EV Type, and Region - Global Forecast to 2022" report to their offering.
Increasing stringency of emission regulations and growing focus toward lightweight vehicles to fuel the demand for automotive additives market
The automotive additives market is projected to reach a market size of USD 8.58 billion by 2022, growing at a CAGR of 6.52% from 2017 to 2022.
The major factors driving the growth of this market are the increasing demand for lightweight vehicles and Corporate Average Fuel Economy (CAFE) emission regulations. The rising trend of electrification of vehicles is also an important factor to be considered.
Market Dynamics
Drivers
- Innovation in Vehicle Design
- Optimum Fuel Efficiency
- Reduction in Production Costs
- Safety and Security
Restraints
- Effect on Health and Related Issues
Opportunities
- Opportunities in 3D Printing Market
- Reduction in Cost of Vehicle
- Electrification of Vehicles
Challenges
- Government Regulations to Meet Cafe Standards
Players Profiled in the Report are:
- Exxon Mobil Corporation
- BASF SE
- The Dow Chemical Company
- Sabic
- Akzonobel N.V.
- Evonik Industries AG
- Covestro AG
- Solvay S.A.
- Lanxess AG
- Clariant AG
- Kaneka Corp.
- Polyone Corporation
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Automotive Additives Market, By Plastic Additives
7 Automotive Additives Market, By Plastic Type
8 Automotive Additives Market, By Automotive Application
9 Automotive Additives Market, By Vehicle Type
10 Automotive Additives Market, By Region
11 Competitive Landscape
12 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/r7xhvx/automotive
