DUBLIN--(BUSINESS WIRE)--The "Global
Automotive Plastics Market - Segmentation by Product Type, Application
and Geography - Growth, Trends and Forecast (2018 - 2023)"
report has been added to ResearchAndMarkets.com's
The overall demand for automotive plastics market is expected to grow at a healthy rate during the forecast period, 2018-2023.
The growing emissions coupled with the increasing concerns of global warming are promoting the government to put forward more stringent regulations on vehicular emissions. This, in turn, is driving the automotive manufactures to produce more efficient vehicles. With fast innovation and emergence of new technology to curb the emissions at a rapid pace, more regulations are being introduced. In India, the Bharat Stage norms are used, which are derived from euro norms. India plans to implement the euro 6 norms all over the country by 2020.
The market for polypropylene (PP) is expected to grow at a rapid rate during the forecast period because of its characteristics of being extremely chemical resistant and completely impenetrable to water. The major parts in which polypropylene is used consists of seating, dashboard, fuel systems, panels, under-bonnet components, interior trim, electrical components, and many others.
Asia-Pacific region dominates the automotive plastics market due to growing production of vehicles. The improvement in the financial status of the consumers, owing to the consistent economic development in country, has increased the disposable income of the consumers. This has resulted in the augmented growth of the automotive industry, in turn boosting the automotive plastics market. China alone produces more than 29 million units of vehicles in 2017. India also witnessed a significant y-o-y growth of more than 5.50% in vehicle production in 2017.
- A. Schulman Inc.
- Asahi Kasei Plastics
- BASF SE
- Borealis AG
- Celanese Corporationuth America
- Covestro AG
- Daicel Polymer Ltd.
- DSM Engineering Plastics B.V.
- Evonik Industries AG
- Exxon Mobil Corporation
- Grand Traverse Plastics Corp.
- Hanwha Azdel
- Lear Corporation
- LG Chem
- Lumotech Ltd.
- LyondellBasell Industries Holdings B.V.
- Magna International Inc.
- Omni Plastics
- Owens Corning
- Quadrant group of companies
- Seoyon E-Hwa
- Teijin Limited
- Toyota Boshoku Corporation
- Zoltek Companies Inc.
Key Topics Covered:
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis
7. Competitive Landscape
8. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/4xhmg3/global_automotive?w=4