Industries > Automotive > Automotive Plastics Market Report 2021-2031

Automotive Plastics Market Report 2021-2031

Forecasts by Material Type (Polypropylene (PP), Polyurethanes (PUR), Acrylonitrile Butadiene Styrene (ABS), Polyethylene (PE), Polyvinyl Chloride (PVC), Polycarbonates (PC), Polymethyl Methacrylate (PMMA), Polyamide (PA), Polyethylene Terephthalate (PET), and Other Materials), by Vehicle Type (Passenger Cars and Commercial Vehicles), by Application (Interior Trim, Seating, Dashboard, Bumpers, Upholstery, Electrical Components, Fuel Systems, and Other Applications) and Regional and Leading National Market Analysis PLUS Analysis of Leading Automotive Plastics Companies AND COVID-19 Recovery Scenarios

PUBLISHED: 24 November 2020
PAGES: 453
PRODUCT CODE: AUT0185
SUBMARKET: Plastics

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Visiongain has assessed the global automotive plastics market in pre and post COVID-19 situations. In the post-COVID-19, the market is further studied in terms of various recoveries pattern (V-shaped, U-shaped, L-shaped, and W-shaped). How the market was growing pre-COVID-19 situation? How the COVID-19 is impacting the market? How the whole supply chain is being impacted? How the market will be recovered? Which recovery scenario offers good growth potential? What strategies major companies are adopting? All these key questions are answered in this newly published report.

What are the key factors contributing to the reformation of the global automotive plastics market? To find out you must look into the report if you are one of the prominent stakeholders of the market. This report will further help you to be ahead of the other stakeholders with regard to strategic planning. This report will help to shape your business in-line with the industry movements.

Visiongain report provides a detailed trend analysis of the global automotive plastics market along with the forecast to determine prospective investment areas.

The newly updated report indicates that the global automotive plastics market is anticipated to be valued at around US$xx billion in 2020 (before COVID-19) and is expected to register a compound annual growth rate of x% during the forecast period 2021-2031. Increasing demand for automotive vehicles across the globe, growing demand for lightweight materials to reduce the overall weight of the vehicles to obtain better fuel efficiency, strict government regulations to lower the emission and increase fuel efficiency, excellent properties of plastics as compared to the conventional metals; are the prime factors driving the demand of automotive plastics across the globe. Further, growing research and development activates and frequent launch of advanced products are among the other factors driving the market growth.

Due to the strict restrictions on carbon emissions and price aversion of some end-users, vehicle producers choose vehicle plastics in their designs. By using greenhouse gas (GHG) control technology, such as valve timing adjustment, turbocharging, aerodynamic architecture, and the implementation of diesel, plug-in diesel, and fuel cell systems in vehicles, carbon emissions in passenger cars can be minimized. These developments, however, include modifications that entail a high degree of sophistication in engine architecture, powertrain systems, and power systems. Advanced plastic materials are also commonly used to substantially mitigate greenhouse emissions, which is relatively rational in contrast to the above-mentioned developments.

Which region might offer good growth potential in the coming years?
APAC automotive plastics market is estimated to have a potential market of more than US$15 billion by the end of 2031. APAC has leadership in the automotive sector as well as plastic demand is also high. China, Japan, India, and South Korea are the major country with dominance in the automotive sector. This has helped automotive plastics to establish a strong foothold in the APAC market. Further, the leadership of the APAC region in automotive vehicle production and sales; the presence of major auto OEMs; supportive government regulations and initiatives; the presence of major developing economies; and easy availability of raw materials to manufacture plastics; are the prime factor boosting the demand for plastics in APAC automotive sector.

Visiongain report will enhance your understanding of the automotive plastics market in terms of demand drivers, regulatory framework, major players, key strategic initiatives taken, major challenges, and trends in the industry.

The growth of the global automotive plastics market is directly coupled with the growing adoption of lightweight vehicles (i.e. electric vehicles). Plastic is a major component in the manufacturing of modern vehicles. The strongly growing electric vehicle demand has created a huge potential for the global automotive plastics market across the globe.

What is the major challenge faced by the industry in terms of government regulations?
Consumers of plastic products are demanding eco-friendly products. The key aim of the VOC legislation is to limit ozone formation (smog) (smog). Governments are taking strict actions for the standardization of plastic products that transmit lower or no VOC to the environment.

How the COVID-19 will impact the global automotive plastics market?
The COVID-19 pandemic struck the globally developed automobile industry quickly and severely. The signs include the disappearance of Chinese merchandise exports, large-scale interruptions of production throughout Europe, and the shutdown of manufacturing plants in the US. This puts extreme pressure on an industry that is already dealing with a downshift in global demand, which is expected to result in intensified competition for mergers and acquisitions.

To access the data contained in this document please email contactus@visiongain.com

Curious about the newly published automotive plastics report? Buy our report to find answers to the key questions and much more:
• How the market is evolving after the COVID-19 pandemic?
• How are you going to survive the impact of this pandemic?
• Which region is most impacted?
• Which region is least impacted?
• What are the key supportive factors?
• What factors could lead to the reshaping of the market?
• How the demand is geographically distributed?
• How much plastics are consumed by various types of vehicles?
• What are the market growth hindering factors?
• What are the latest innovations related to plastics in automotive?
• What are the major substitute of plastics in automotive?
• How the supply chain functioning?

Discover how to stay ahead
Our 453 page report provides 578 tables and charts/graphs. Read on to discover the most lucrative areas in the industry and the future market prospects. Our new study lets you assess forecasted sales at overall world market and regional level. See financial results, trends, opportunities, and revenue predictions. Much opportunity remains in this growing Automotive Plastics Market. See how to exploit the opportunities.

Forecasts to 2031 and other analyses reveal the commercial prospects
• In addition to revenue forecasting to 2031, our new study provides you with recent results, growth rates, and market shares.
• You find original analyses, with business outlooks and developments.
• Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), product profiles and commercial developments.

Discover sales predictions for the world market and submarkets

Automotive Plastics Market: By Material Type
• Polypropylene (PP)
• Polyurethanes (PUR)
• Acrylonitrile Butadiene Styrene (ABS)
• Polyethylene (PE)
• Polyvinyl Chloride (PVC)
• Polycarbonates (PC)
• Polymethyl Methacrylate (PMMA)
• Polyamide (PA)
• Polyethylene Terephthalate (PET)
• Other Materials

Automotive Plastics Market: By Vehicle Type
• Passenger Cars
• Commercial Vehicles

Automotive Plastics Market: Application
• Interior Trim
• Seating
• Dashboard
• Bumpers
• Upholstery
• Electrical Components
• Fuel Systems
• Other Applications

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In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for 4 regional and 20 leading national markets:

• North America Automotive Plastics Market Outlook
– U.S. Automotive Plastics Market Forecast & COVID Impact Analysis
– Canada Automotive Plastics Market Forecast & COVID Impact Analysis
– Mexico Automotive Plastics Market Forecast & COVID Impact Analysis

• Europe Automotive Plastics Market Outlook
– Germany Automotive Plastics Market Forecast & COVID Impact Analysis
– UK Automotive Plastics Market Forecast & COVID Impact Analysis
– France Automotive Plastics Market Forecast & COVID Impact Analysis
– Spain Automotive Plastics Market Forecast & COVID Impact Analysis
– Italy Automotive Plastics Market Forecast & COVID Impact Analysis
– Poland Automotive Plastics Market Forecast & COVID Impact Analysis
– Belgium Automotive Plastics Market Forecast & COVID Impact Analysis
– Netherlands Automotive Plastics Market Forecast & COVID Impact Analysis
– Rest of Europe Automotive Plastics Market Forecast & COVID Impact Analysis

• Asia Pacific Automotive Plastics Market Outlook
– China Automotive Plastics Market Forecast & COVID Impact Analysis
– Japan Automotive Plastics Market Forecast & COVID Impact Analysis
– India Automotive Plastics Market Forecast & COVID Impact Analysis
– South Korea Automotive Plastics Market Forecast & COVID Impact Analysis
– Thailand Automotive Plastics Market Forecast & COVID Impact Analysis
– Indonesia Automotive Plastics Market Forecast & COVID Impact Analysis
– Rest of APAC Automotive Plastics Market Forecast & COVID Impact Analysis

• Rest of World Automotive Plastics Market Outlook
– South America Automotive Plastics Market Forecast & COVID Impact Analysis
– Middle East Automotive Plastics Market Forecast & COVID Impact Analysis
– Africa Automotive Plastics Market Forecast & COVID Impact Analysis

Automotive Plastics Market Report 2021-2031

Need industry data? Please contact us today.

The report also includes profiles and for some of the leading companies in the Automotive plastics market, with a focus on this segment of these companies’ operations.

Leading companies and the potential for market growth
Overall world revenue for Automotive Plastics Market will surpass $xx billion in 2020, our work calculates. We predict strong revenue growth through to 2031. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.

How the Automotive Plastics Market report helps you
In summary, our 450+ page report provides you with the following knowledge:

• Revenue forecasts to 2031 for Automotive Plastics Market, with forecasts for Material Type, Vehicle Type, and Application, each forecasted at a global and regional level– discover the industry’s prospects, finding the most lucrative places for investments and revenues

• Revenue forecasts to 2031 for 4 regional and 20 key national markets – See forecasts for the Automotive Plastics market in North America, Europe, Asia-Pacific and Rest of the World. Also forecasted is the market in the US, Canada, Mexico, Germany’ UK’ France’ Spain’ Italy’ Poland’ Belgium’ Netherlands, China, India, Japan, South Korea, Indonesia, and Thailand among other prominent economies.

• Prospects for established firms and those seeking to enter the market– including company profiles for 10 of the major companies involved in the automotive plastics market. Some of the company’s profiled in this report include Covestro AG, BASF SE, LG Chem Ltd., Borealis AG, Lanxess AG, Mitsubishi Chemical Holdings Corporation, Saudi Basic Industries Corporation (SABIC), Teijin Limited, Dow Inc., and LyondellBasell Industries N.V.

Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with this invaluable business intelligence.

Information found nowhere else
With our newly report title, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain’s study is for everybody needing commercial analyses for the automotive plastics market and leading companies. You will find data, trends and predictions.

To access the data contained in this document please email contactus@visiongain.com

Buy our report today Automotive Plastics Market Report 2021-2031: Forecasts by Material Type (Polypropylene (PP), Polyurethanes (PUR), Acrylonitrile Butadiene Styrene (ABS), Polyethylene (PE), Polyvinyl Chloride (PVC), Polycarbonates (PC), Polymethyl Methacrylate (PMMA), Polyamide (PA), Polyethylene Terephthalate (PET), and Other Materials), by Vehicle Type (Passenger Cars and Commercial Vehicles), by Application (Interior Trim, Seating, Dashboard, Bumpers, Upholstery, Electrical Components, Fuel Systems, and Other Applications) and Regional and Leading National Market Analysis PLUS Analysis of Leading Automotive Plastics Companies AND COVID-19 Recovery Scenarios. Avoid missing out by staying informed – order our report now.

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Do you have any custom requirements we can help you with? Any need for a specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: sara.peerun@visiongain.com

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