Automotive Plastics Market Growth, Demand and Challenges of the Key Industry Players 2028 - PowerPoint PPT Presentation

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Automotive Plastics Market Growth, Demand and Challenges of the Key Industry Players 2028

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According to the latest research report by IMARC Group, The global automotive plastics market size reached US$ 40.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 53.9 Billion by 2028, exhibiting a growth rate (CAGR) of 4.5% during 2023-2028. More Info:- – PowerPoint PPT presentation

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Title: Automotive Plastics Market Growth, Demand and Challenges of the Key Industry Players 2028


1
Global Automotive Plastics Market Research and
Forecast Report 2023-2028
  • Format PDFEXCEL

2023 IMARC All Rights Reserved
2
About IMARC Group
  • International Market Analysis Research and
    Consulting Group is a leading adviser on
    management strategy and market research
    worldwide. We partner with clients in all regions
    and industry verticals to identify their
    highest-value opportunities, address their most
    critical challenges, and transform their
    businesses.
  • IMARCs information products include major
    market, scientific, economic and technological
    developments for business leaders in
    pharmaceutical, industrial, and high technology
    organizations. Market forecasts and industry
    analysis for biotechnology, advanced materials,
    chemicals, food and beverage, travel and tourism,
    nanotechnology and novel processing methods are
    at the top of the companys expertise.
  • IMARCs tailored approach combines unfathomable
    insight into the dynamics of companies and
    markets with close cooperation at all levels of
    the client organization. This ensures that our
    clients achieve unmatchable competitive
    advantage, build more proficient organizations,
    and secure lasting results.

3
Report Highlight and Description
  • According to the latest report by IMARC Group,
    titled "Automotive Plastics Market Global
    Industry Trends, Share, Size, Growth, Opportunity
    and Forecast 2023-2028," the global automotive
    plastics market size reached US 40.6 Billion in
    2022.
  • Automotive plastics are specialty materials
    designed to improve vehicle performance, safety,
    structure, aesthetics, and functionality. Some
    commonly used automotive plastics include
    polyurethane (PU), polyvinyl chloride (PVC),
    polypropylene (PP), acrylonitrile butadiene
    styrene (ABS), nylon, polyethylene (PE),
    polyoxymethylene (POM), and polycarbonate (PC).
  • They help enhance design flexibility, extend the
    life of automobiles, lower manufacturing costs,
    and facilitate the integration of components.
    They also assist in reducing the weight of
    vehicles by replacing heavy materials, such as
    metal and glass, to improve fuel efficiency and
    save energy. As a result, automotive plastics are
    widely employed in manufacturing dashboards, fuel
    tanks, carpet fibers, wheel covers, suspension
    bushings, headlamp lenses, truck bed liners, mud
    flaps, bumpers, and gears.
  • Request for a PDF sample of this report
    https//www.imarcgroup.com/automotive-plastics-mar
    ket/requestsample

4
Report Description
  • Global Automotive Plastics Market Trends
  • The surging sales of luxury and premium cars due
    to inflating consumer expenditure capacities,
    elevating living standards, and rapid
    urbanization represents the primary factor
    driving the market growth. Besides this, the
    growing adoption of electric and hybrid vehicles
    (EVs/HVs) owing to the rising environmental
    concerns has augmented the demand for automotive
    plastics. In addition, governments of various
    countries are implementing stringent fuel economy
    and emission regulations for vehicles, which have
    compelled automakers to adopt lightweight
    materials, such as plastics, for weight
    reduction. Along with this, the shifting consumer
    inclination toward the lightweight,
    fuel-efficient, and affordable automobiles has
    accelerated the adoption of automotive plastics.
  • Furthermore, several key players are investing in
    research and development (RD) activities to
    formulate new, advanced, high-performance
    plastics for the expanding automotive industry.
    In line with this, the increasing adoption of
    recycled plastics for manufacturing seat
    cushions, replacement bumpers, splash guards, and
    wheel liners has catalyzed market growth. Apart
    from this, the surging use of bio-based plastics
    and polymers instead of fossil-based plastics to
    reduce carbon footprint and promote
    sustainability is contributing to market growth.
    Other factors, including the rising usage of
    nylon to fabricate seat belts and airbags owing
    to its tear-resistant properties, rapid expansion
    in the plastics industry, and technological
    advancements, are also providing a positive
    thrust to the market growth.
  • Looking forward, IMARC Group expects the market
    value to reach US 53.9 Billion by 2028, growing
    at a CAGR of 4.5 during 2023-2028.
  • View Report TOC, Figures and Tables
    https//www.imarcgroup.com/automotive-plastics-mar
    ket

5
Report Segmentation
  • Breakup by Vehicle Type
  • Conventional and Traditional Vehicles
  • Electric Vehicles
  •  
  • Breakup by Material
  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polyvinyl Chloride (PVC)
  • Acrylonitrile Butadiene Styrene (ABS)
  • Polyurethane (PU)
  • Polymethyl Methacrylate (PMMA)
  • Polycarbonate (PC)
  • Polyamide
  • Others

6
Report Segmentation
  • Breakup by Application
  • Powertrain
  • Electrical Components
  • Interior Furnishings
  • Exterior Furnishings
  • Under the Hood
  • Chassis
  • Breakup by Region
  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

7
Competitive Landscape with Key Players
  • Asahi Kasei Corporation
  • BASF SE
  • Borealis AG
  • Covestro AG
  • Dow Inc.
  • Koninklijke DSM N.V.
  • Lanxess AG
  • Lear Corporation
  • LyondellBasell Industries N.V.
  • Saudi Basic Industries Corporation
  • Solvay S.A
  • Teijin Limited.

8
Key Questions Answered in the Report
9
Table of Contents
  • 1    Preface2    Scope and Methodology    2.1  
     Objectives of the Study    2.2  
     Stakeholders    2.3    Data Sources       
    2.3.1    Primary Sources        2.3.2  
     Secondary Sources    2.4    Market Estimation 
          2.4.1    Bottom-Up Approach        2.4.2  
     Top-Down Approach    2.5    Forecasting
    Methodology3    Executive Summary4  
     Introduction    4.1    Overview    4.2    Key
    Industry Trends5    Global Automotive Plastics
    Market    5.1    Market Overview    5.2  
     Market Performance    5.3    Impact of
    COVID-19  5.4    Market Forecast
  • 6     Market Breakup by Vehicle Type    6.1  
     Conventional and Traditional Vehicles       
    6.1.1 Market Trends        6.1.2 Market
    Forecast    6.2    Electric Vehicles       
    6.2.1 Market Trends        6.2.2 Market
    Forecast7   Market Breakup by Material    7.1  
     Polyethylene (PE)        7.1.1 Market Trends 
          7.1.2 Market Forecast       

10
Table of Contents
  •     7.2    Polypropylene (PP)        7.2.1
    Market Trends        7.2.2 Market Forecast   
    7.3    Polyvinyl Chloride (PVC)        7.3.1
    Market Trends        7.3.2 Market Forecast   
    7.4    Acrylonitrile Butadiene Styrene (ABS)   
        7.4.1 Market Trends        7.4.2 Market
    Forecast    7.5    Polyurethane (PU)       
    7.5.1 Market Trends        7.5.2 Market
    Forecast    7.6    Polymethyl Methacrylate
    (PMMA)        7.6.1 Market Trends        7.6.2
    Market Forecast    7.7    Polycarbonate (PC)   
        7.7.1 Market Trends        7.7.2 Market
    Forecast    7.8    Polyamide        7.8.1
    Market Trends        7.8.2 Market Forecast   
    7.9    Others        7.9.1 Market Trends       
    7.9.2 Market Forecast8   Market Breakup by
    Application    8.1    Powertrain        8.1.1
    Market Trends        8.1.2 Market Forecast
  • For more information, visit https//www.imarcgrou
    p.com/automotive-plastics-market/toc

11
Disclaimer
  • 2023 IMARC All Rights Reserved
  • This Publication and all its contents unless
    otherwise mentioned are copyrighted in the name
    of International Market Analysis Research and
    Consulting (IMARC). No part of this publication
    may be reproduced, repackaged, redistributed or
    resold in whole or in any part. The publication
    may also not be used in any form or by and means
    graphic electronic or mechanical, including
    photocopying, recording, taping or by information
    storage or retrieval, or by any other form,
    without the express consent of International
    Market Analysis Research and Consulting (IMARC).
  • Disclaimer All contents and data of this
    publication, including forecasts, data analysis
    and opinion have been based on information and
    sources believed to be accurate and reliable at
    the time of publishing. International Market
    Analysis Research and Consulting makes no
    representation of warranty of any kind as to the
    accuracy or completeness of any Information
    provided. IMARC accepts no liability whatsoever
    for any loss or damage resulting from opinion,
    errors or inaccuracies if any found this
    publication.
  • IMARC, IMARC Group and Global Therapy Insight
    Series are registered trademarks of International
    Market Analysis Research and Consulting. All
    other trademarks used in this publication are
    registered trademarks of their respective
    companies.

12
Contact Us
Visit us at
https//www.imarcgroup.com
TELEPHONE 1-631-791-1145 E-MAIL
sales_at_imarcgroup.com
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